Foundations adds the project and commercial layer your finance system doesn't — applications, certification, retentions, CIS, WIP and a live forecast — so you see where every job is heading.
Foundations runs the commercial side of project-based businesses. Pick the version built for your sector — both run alongside your finance system on one ledger.
Main contractors, subcontractors and engineering firms running valuations, certification and CVR.
Fee-earner professional services firms tracking time, WIP and fee margin by work stage.
By the time the numbers are in, the job is finished — and so is the chance to do anything about them.
CVR and WIP are monthly spreadsheet exercises — out of date the day they are finished.
Applications, retentions, CIS and variations live in separate sheets and get rekeyed into finance.
Cost lands without being seen — and the final account becomes a shock instead of a result.
Every application, variation and committed cost feeds one margin figure — updated as work happens.
Foundations posts straight to your finance system. No double entry, no second source of truth to reconcile.
The commercial workflows construction and consultancy run on — that a general finance system was never designed for.
iplicit stays your finance system of record. Foundations owns the project and commercial layer — and writes back to iplicit automatically.
Applications post as journals to a control account · certifications generate the iplicit invoice with WIP reversal.
Every certified valuation becomes a live input to the final-margin picture — not a number you reconcile later.
Raised and tracked in Foundations.
Reviewed against budget and retention.
Certified — the invoice is generated in your finance system.
Invoice and journals post automatically.
The final-margin position recalculates.
The valuation cycle your commercial team already runs — made live, and connected to your finance system.
Raise, assess and certify valuations in one place.
Certify, then generate the invoice in your finance system.
Track supplier and customer retention through to release.
Deductions, subcontractor verification and HMRC returns.
WIP journals, CVR and cost-to-complete in a live forecast.
Margin by job and across the portfolio, with drill-down.
For architecture, engineering, planning and surveying firms — tracking fee margin at the work-stage level, not just per project.
Time, budget and WIP per RIBA work stage — below project level.
Accurate WIP and a fee forecast by stage, posted to your finance system.
Plan resource and see utilisation across every project.
Fast capture for fee earners — the only input the system needs.
Review WIP before invoicing — stop revenue leaking out.
See which stage is making money — and which is losing it.
Foundations doesn't give you one optimistic number. It separates what's certain from what isn't, so you can see the real position.
Illustrative cost certainty on Northgate Phase 2
Certified and posted — money that has changed hands.
Ordered or contracted — cost you know is coming.
Expected but not yet committed — variations in progress.
Possible exposure — flagged so it never arrives as a surprise.
Designed around your ledger — one set of numbers, not an integration bolted on afterwards.
Every module in one offering — no tiers, no feature gating, no paying again to switch it on.
Built by a team with a track record implementing iplicit for UK construction and consultancy firms.
No per-module pricing, no per-seat surprises. One platform price based on your business turnover — the same whichever vertical you run.
A 30-minute walkthrough with the team who build it — construction or consultancy, your numbers, no hard sell.
Foundations is the commercial layer you can recommend with confidence when your client's finance system alone isn't enough for a project-based business.