About AccountsIQ

AccountsIQ is a cloud accounting software that simplifies the capture, process, and reporting of financial data. It offers intuitive tools to automate consolidation, manage budget, audit, digital VAT returns, and cash flow. It is suitable for small to medium-size businesses in all industries and is designed specifically to suit business environments where multiple entities need access to a common platform. With a flexible 3-tier General Ledger and 6 dimensions BI coding structure, AccountsIQ enables detailed and granular reporting and performance to be benchmarked across a group network. It includes 250 reports, management reporting packs, and dashboards and has an Excel Add-In and Power BI connection for customized analysis. AccountsIQ’s consolidation module makes ...

AccountsIQ Pricing

Pricing is based on functionality/modules needed and number of entities, please contact AccountsIQ directly for pricing information.

Starting price: 

$280.00 per month

Free trial: 

Available

Free version: 

Not Available

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AccountsIQ User Reviews

OVERALL RATING

SECONDARY RATINGS

Ease-of-use

4.5

Value for money

5

Customer support

5

Functionality

5

Showing 1 - 5 of 20 reviews

Alastair

Tindle Newspapers Ltd

Verified reviewer

Company size: 201-500 employees

Industry: Newspapers

Time used: Less than 2 years

Review Source

This review was submitted organically. No incentive was offered

Ease-of-use

5

Value for money

5

Customer support

5

Functionality

5

Reviewed June 2020

Accounts IQ transformed our business

Accounts IQ has helped us to create a much more streamlined, better-controlled and more effective finance team. The back office processes are more efficient, and the enhanced reporting provides us with deeper and richer insights into our business performance. The price point is also very reasonable for the level of functionality that we now have.

Pros

Being cloud-based has been a significant factor for us. One of the main other reasons for selecting Accounts IQ was the consolidation functionality which works really well. In terms of fitting in with our business processes, it gives us so much more functionality that it has helped to drive necessary changes in the way that we operate, in a very beneficial way.

Cons

The only real challenge we found was with our staff getting used to a different software system to do their work. Otherwise it has only improved our processes, controls and reporting.

Reasons for choosing AccountsIQ

Gives us all the functionality we need and more, at a very reasonable price point.

Reasons for switching to AccountsIQ

Needed cloud-based accounts system with consolidation functionality, at a reasonable price point

Response from AccountsIQ

Thanks Alastair for such a glowing review!

Replied July 2020

Nick

Hibernia REIT plc

Verified reviewer

Company size: 51-200 employees

Industry: Commercial Real Estate

Time used: More than 2 years

Review Source: Capterra

This review was submitted organically. No incentive was offered

Ease-of-use

5

Value for money

5

Customer support

5

Functionality

5

Reviewed August 2018

AccountsIQ Saves us a Day a Week in Processing Time

The structure of the coding framework in AccountsIQ is extremely flexible and saves us so much time when preparing our external financial reports. We have added seven or eight entities since implementing AccountsIQ and we simply replicate the original model for each new subsidiary. It is a very uncomplicated approach and a time-saving solution for group companies. We've integrated AccountsIQ with other business systems such as electronic document management and a property management system. These integrations save us so much time and reduce the risk of human error. AccountsIQ also synchs batch payments with our online banking, which also reduces duplication of work. AccountsIQ’s customer success team are excellent. They helped us define dashboard reports which provide financial analysis in a very consumable way, allowing us to quickly identify areas in which we need to take action.

Pros

AccountsIQ saves us a day a week in processing time in data entry from other business systems, reconciliation, and automated invoice processing which allows us to spend more time on strategic tasks such as analysing and presenting information so that the senior management team can make more informed decisions. AccountsIQ simplifies complex consolidation procedures; and has enabled us to integrate information from our property management system Landmark; and provide insightful management reports using dashboards. We like the fact it has helped us streamline processes, it saves us a huge amount of time, it's a scalable system too. The advanced Business Intelligence, reporting and consolidation functionality are very good. We need to produce reports for our investors and it's really easy to get these on demand from AccountsIQ.

Cons

There isn't anything I don't like and we're glad we found AccountsIQ.

Marianna

Meitheal Architects

Verified reviewer

Company size: 11-50 employees

Industry: Architecture & Planning

Time used: More than 2 years

Review Source: Capterra

This review was submitted organically. No incentive was offered

Ease-of-use

5

Value for money

5

Customer support

5

Functionality

3

Reviewed May 2021

Meitheal

We are using AIQ for the past 4 years. Reporting was back there very unreliable and the format not very friendly. On the other hand, I can say the progress and development on everything else is fantastic. I like working it.

Pros

support team is excellent. Whenever I need a guidance or assistance, support team reacts promptly with no delays.

Cons

Generating and search for the report is sometimes time consuming.

Response from AccountsIQ

Hi Marianna - thanks for your review, glad you like using AccountsIQ accounting software.

Replied June 2021

Lorretta

Don Bosco Care CLG

Verified reviewer

Company size: 11-50 employees

Industry: Non-Profit Organization Management

Time used: Less than 2 years

Review Source: Capterra

This review was submitted organically. No incentive was offered

Ease-of-use

5

Value for money

5

Customer support

3

Functionality

5

Reviewed June 2021

Lorretta Nwafor

The benefit of analysing data.

Pros

The software is very good for department and business unit reporting and analysis. And the fact you can see all the department at once in a spreadsheet makes it unique unlike some accounting software. I also like the fact that you can log in and work at any time and at different locations makes it unique. More than one user can log in and work at the same time without any disruption.

Cons

Transfer of profit and loss to the following year. It has to be done manually to arrive at a zero balance at the beginning of the year.

Response from AccountsIQ

Thanks for your review Lorretta. Glad you're enjoying using AccountsIQ.

Replied June 2021

Gerry

MBSL

Verified reviewer

Time used: More than 2 years

Review Source: Capterra

This review was submitted organically. No incentive was offered

Ease-of-use

5

Value for money

5

Customer support

5

Functionality

5

Reviewed February 2018

Staff & clients love using AccountsIQ software, it allows us to access live information in the cloud

Pros

AccountsIQ helped us to move away from the old model of sharing data sets with clients. We can work much more easily with our clients now, sharing access to the same real-time information stored in the Cloud. AccountsIQ has become an important part of our ongoing development, and is part of our strategy to move forward. The software enables us to offer our services to new consumer-based sectors such as retail, and will allow us to process much higher volumes of transactions through automated Accounts Payable. We have over 40 clients supported on AccountsIQ. With AccountsIQ we can work collaboratively and they respond to our needs and work with us to improve the accounting service we provide to clients. We feel we have the partnership we were looking for. The next step is integrating with CRM software and banking software.

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