Novatech Transitions to iplicit for Enhanced Financial Automation and Compliance
Novatech switched from Exchequer finance software to iplicit following Exchequer's announcement of discontinued support. The change was driven by the need for compliance and automation in processes such as supplier payments and asset depreciation. iplicit integrates with Novatech's in-house software, eliminating the need for external integrations.
The new system has automated accounts payable, batch payments, and streamlined foreign exchange transactions. This transition has significantly reduced manual workload and improved efficiency, enabling Novatech to scale operations without additional hires. The partnership with iplicit has fostered a responsive feedback loop, supporting ongoing improvements.
