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iplicitPay review

#70 of 95 in Accounts Payable Software

A UK-focused payment workflow for iplicit teams managing approvals and supplier payments.

3.0/10Editor score
iplicitPay3.0 Visit iplicitPay

Reviewed by iTechGuides Editors · Editorial team · Updated Oct 2026

iplicitPay is an embedded supplier-payment service for iplicit’s purchase ledger. It is designed for mid-market finance teams that need to capture and route invoices, configure approval workflows, match invoices to purchase orders, schedule supplier payments and manage multiple entities. Approved invoices can be paid through an Open Banking connection to a UK bank, with bank authentication used during payment execution. The service also supports payment-status tracking and automatic reconciliation into iplicit.

Its strongest fit is the connection between invoice control and payment execution. Finance teams can move from approval to scheduled payment without separating the workflow from the purchase ledger, while payment statuses and reconciled transactions remain connected to iplicit. The combination of invoice routing, configurable approvals, purchase-order matching and multi-entity finance management gives it broader process coverage than a payment-only tool. Teams already operating in iplicit should find the product’s role clear: it adds direct supplier payments alongside existing BACS exports and manual bank transfers.

The main boundary is geographic and ecosystem-focused. Launch support covers UK domestic payments in GBP, and the integration set centers on Open Banking, Crezco and UK banks. That makes iplicitPay a practical choice for UK teams seeking bank-authenticated payments within iplicit, but a less suitable option for organizations needing broader international payment coverage or a wider integration network. Choose it when invoice approvals, supplier payment scheduling and reconciliation need to operate together; consider an alternative when payment operations extend beyond the supported UK banking and currency scope.

iplicitPay pros and cons

  • Where it wins
    • Bank-authenticated supplier payments through Open Banking
    • Invoice approvals, PO matching and payment scheduling
    • Automatic payment-status tracking and reconciliation into iplicit
  • Where it doesn't
    • Launch support is limited to UK domestic GBP payments
    • Designed as an additional payment method within iplicit
    • Integrations focus on Open Banking, Crezco and UK banks

iplicitPay fact sheet, pricing and score →

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