Comparison · Light vs iplicit
Light vs iplicit
iplicit is a genuine cloud general ledger for UK and Irish mid-market organisations, with native multi-entity consolidation, automated intercompany elimination, subscription billing and UK Open Banking payments via iplicitPay. It is built for teams that have outgrown Sage 50, Xero or QuickBooks without wanting a NetSuite or Dynamics implementation. Light covers the same ledger and consolidation ground, and issues its own cards and executes vendor payments on local rails in 80+ countries from inside the ledger.
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Light and iplicit, compared
| Feature | Light | iplicit |
|---|---|---|
| Can run billions of transactions | Yes | No |
| Immutable ledger | Yes | No |
| Global bill pay | Yes | No |
| Spend management | Yes | No |
| Subscription management | Yes | Yes |
| Treasury intelligence | Yes | No |
| 700 native built apps | Yes | No |
| Big4 implementation team | Yes | No |
| Workflows and agents | Yes | No |
4 week implementation
KPMG global partnership
Remove 4+ tools
700+ apps
The world's most demanding finance teams run on Light.
Start with the shared strengths
Both platforms provide a general ledger and multi-entity consolidation. iplicit also covers automated intercompany elimination and subscription billing.
- 01
Put cards inside accounting
Light combines corporate and virtual cards with expense capture and the ledger. Receipts arrive through Slack, Teams and email.
- 02
Pay suppliers beyond the UK
iplicitPay handles UK domestic payments through Crezco. Light executes vendor payments on local rails in more than 80 countries from the ledger.
When to choose Light
- 01
Cards and expenses built in
Spend posts to the same ledger as everything else.
- 02
Pay suppliers from the ledger
Approved bills pay from your own bank accounts on local rails in 80+ countries.
- 03
Agents do the routine work
They code, match and post inside the controls you set, with every action logged.
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fastest growing companies
See how finance teams run lean and global on Light.
Read customer stories-
“We evaluated several vendors. Light won because it covers our full finance stack, revenue, AR, AP, expenses, and consolidation, without stitching together a patchwork of point solutions.”
Tanja, Director of FinanceOmnea -
“Even though we’re three entities, it’s like I’m running a finance department for one entity.”
Thobias, Finance ManagerAlva Labs -
“I really like that Light’s AI already gives me suggestions, GL accounts, cost centers, tax codes. I don’t have to start from scratch.”
Cédric, Finance ManagerOper Credits -
“Nine times out of ten the AI matches everything and posts it to the right account. One click and you’re done.”
Jeppe, CFOKeyShot
Built for the daily work
Bills through to payment
Capture invoices, route approvals and pay vendors from the same system.
Room to grow
One ledger built to handle billions of transactions across your business.
Trace every number
Open a report and drill straight into the transactions behind it.
Spending, under control
Expenses, vendors and cards connected to your ledger.
Expenses
Collect receipts, approve expenses and track spend as it happens.
Vendors
Keep supplier details, bills and approvals together. Apply your purchasing rules as work moves through.
Cards
Issue cards for employees and vendors. Pay with Apple Pay or Google Pay. Send receipts through Slack, Teams or email.
Frequently asked questions
Does iplicit consolidate entities?
Yes. Consolidation and automatic intercompany elimination are core capabilities.
Can iplicit make payments?
Yes. iplicitPay supports UK domestic Open Banking payments through Crezco; GoCardless handles collections.
When should we consider Light?
When you want cards, international vendor payments and routine finance work handled inside the group ledger.
See Light at work
