Case Study: Awen Cultural Trust cuts month-end close by up to three days with iplicit

How Awen Cultural Trust is saving up to three days a month with iplicit

Awen Cultural Trust, a non-profit organization in South Wales, needed to replace its Exchequer finance system to automate tasks and speed up its complex month-end processes, which involved manually consolidating accounts and tracking numerous grants and purchase orders. The trust chose the iplicit accounting software to address these challenges.

By implementing iplicit, the trust automated its consolidation using intercompany codes and streamlined its partial VAT calculation. The results were significant time savings, with the month-end close now two to three days quicker, reducing a seven-to-eight-day process to just five. The audit process also became easier, and the system received positive feedback from users across the organization.

Awen Cultural Trust

Maria Goddard

Head of Finance