Case Study: Community Foundation Ireland achieves faster, audit-ready reporting with iplicit

Community Foundation Ireland saved “about six months of staff hours” in one year thanks to iplicit

Community Foundation Ireland, a philanthropic hub managing over 160 funds, faced a significant challenge with its previous accounting system, Exchequer. The system was no longer fit for purpose, requiring extensive manual work to produce financial statements, which was both time-consuming and prone to error as the organization's needs grew more complex. They sought a new cloud-based solution and selected the iplicit accounting software.

Implementing iplicit allowed the foundation to automate its financial reporting, directly generating its statement of financial affairs and balance sheet without manual Excel manipulation. The results were substantial, saving an estimated six months of staff hours in one year and enabling them to prepare audit-ready management accounts within 10-15 working days of month-end. iplicit also supported their hybrid working model and provided the intuitive, flexible system they required for future growth.

Community Foundation Ireland

David Hickson

Financial Controller