Case Study: Lincoln Students’ Union gains a single source of truth for finances with iplicit

How Lincoln Students’ Union ditched its spreadsheets and got a better view of its finances with iplicit

Lincoln Students’ Union, a charity with multiple trading subsidiaries, faced the challenge of gaining a consolidated financial view across its group. Its finance team spent excessive time manually consolidating data from different entities in spreadsheets using its previous Sage 200 system, a process that was inefficient and time-consuming. The union sought a new finance system from a vendor like iplicit that could integrate with its existing SUMS customer relationship management software.

By implementing iplicit’s cloud finance software, the customer solved its key challenges. The new system provided a single source of truth, eliminating reliance on spreadsheets and automating processes like bank feeds, which cut reconciliation time by an estimated 80%. The open API allowed for seamless integration with SUMS. iplicit’s solution provided the clear, consolidated financial view the organization needed and gave the team the confidence to recommend the system to other students' unions.

Lincoln Students’ Union

Helen Houghton

Group Director of Finance