AccountsIQ

AccountsIQ brings smarter accounting to mid-sized organisations and groups. With the technology and price benefits of a Cloud-based application.

Languages supported: English

Platforms: Mac, Win, Linux

Price: $$$$$

Business Size: 1

9.8/10 (Expert Score) ★★★★★
Product is rated as #44 in category Accounting Software
Ease of use
9.3
Support
9.8
Ease of Setup
9.9

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AccountsIQ’s award-winning cloud accounting software is used by 4,000 companies worldwide and accountancy practices such as PwC, BDO and Grant Thornton. AccountsIQ simplifies how finance functions capture, process and report the results of multiple location businesses.

Built for the cloud, AccountsIQ is ideal for dynamic businesses that are growing locally or internationally, via subsidiaries, acquisition or through a franchising model, enabling anytime-anywhere processing, while allowing easy central control and consolidated reporting of results. Its unique consolidation engine, along with its ability to integrate with other applications, makes it easy to scale.

Features at a glance:

– Powerful 3 level GL structure
– Multi-dimensional analysis (report up to 6 dimensions e.g. dept, sector, project etc)
– Drill-down to transaction level
– Feature-rich Journal Manager, Accounts Receivable & Accounts Payable
– Full consolidation for Groups and Entities
– Full accounts receivable & accounts payable consolidated sales & purchases
– Fixed Asset Register
– Accounts payable automation
– Intercompany transactions, recharges & multicurrency accounting
– Digital workflow approval with mobile app
– Suite of 250 reports with editable parameters
– Management report packs & dashboards

Compliance

– Making Tax Digital: including group VAT returns
– Full user profiling & audit trail by user
– Secure payments
– Period management

Digitally Connected

– Statement feed and auto reconciliation
– Open API
– Automated batch payment with approval
– Excel Add-In & Power BI connections for customised analysis

“If you need more welly than entry level Cloud systems I recommend you look at AccountsIQ.” Neil Goulder, Director of Finance & Operations, Artichoke Trust (previously on Sage Financials)

Is our cloud-based accounting software right for you?

If you’re wondering if AccountsIQ is the right accounting software company for you, our big success stories are typically with clients who migrate from Xero, Sage 50, Sage Financials and Sage 200, Access Dimensions, Sun Systems and Exchequer. Many growing businesses who have outgrown these products switch to AccountsIQ.

More detail:

Accounts Receivable
Designed for ease of use, AccountsIQ gives you full visibility of payments due, allocation of funds and customer balances. Easily process multi-location customer accounts, bulk email invoices and statements directly from the system, or auto-create invoices for quick processing of cash sales.

Accounts Payable
Collaborate easily with staff and suppliers from beyond the finance function. The smart workflow engine and easy integration capability of our cloud accounting software allows you to keep track of forward-dated and advance paid invoices, batch post purchase invoices or credit notes, and more.

General Ledger
We have one of the most unique general ledgers in the marketplace. Businesses benefit from multiple category, sub-category and group structures to provide flexible Chart of Accounts layouts/reporting that’s both powerful and accessible.

Collaboration
Our intuitive award-winning cloud accounting software allows you to capture, code and authorise transactions in real-time whilst collaborating with other divisions and management in a secure and fast way using profiling and mobile technology. Raise POs by dept and budget holder or approve POs and invoices remotely with the click of a button!

Banking
With automated posting and reconciliation, AccountsIQ makes domestic and foreign payments seamless and secure. The cloud accounting software is PSD2 compliant and integrates easily with many legacy electronic banking systems too.

Business Intelligence
Take a deep dive into your financial data with AccountsIQ’s extended business analysis ? designed to give you a better insight into the performance of your businesses various operational elements. Choose from 250+ pre-configured reports or create your own dashboard with up to the minute performance indicators driven from real-time data.

PO and Budget Holder Approval
Managing your purchase-to-pay cycle can be difficult when working with a paper-based or standalone, outdated, custom-built system. However, with AccountsIQ you’ll be able to manage the task with ease by gaining collaboration from the right people within your organisation.

Easy consolidation in just one click
Save up to one week every month with our unique consolidation software module for group reporting. The consolidation layer sits across individual subsidiary systems and translates data into pre-configured common codes. This creates continuous consolidation and allows you to see consolidated data in real-time, without the need for spreadsheets. You can also analyse individual entities, drilling down for detailed performance analysis.

Pricing: AIQ 1 from ¢??250 pcm, AIQ 2 from ¢??450 pcm. AIQ 3 from ¢??750 pcm,
Core financials: visit https://accountsiq.com/core-financials/
Request Demo https://accountsiq.com/request-a-demo/

AccountsIQ
AccountsIQ

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Customer Reviews

AccountsIQ Reviews

Moira T.

Advanced user of AccountsIQ
★★★★★
AccountsIQ is a great busniess accounting application.

What do you like best?

I like that they use a lot of visual control to represent the data. The control panel gives you a great overview of all the important personalities. At a glance, you see the total amount of receivables and payables. One of the best features is the OCR One, which allows you to automatically draw invoice information. Banks can also be easily applied.

What do you dislike?

In the chart, they have to choose more common colors as they may be difficult to identify.

What problems are you solving with the product? What benefits have you realized?

Understanding Solid Accounting Solutions for Managing Receipts, POs, Salaries, etc. This tool has many features that are very helpful to our accounting department.

Review source: G2.com

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