AccountsIQ

RATING:

4.6

(36)

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 it...

AccountsIQ Pricing

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

Starting price: 

€199.00 per month

Free trial: 

Available

Free version: 

Not Available

AccountsIQ’s Cloud accounting platform enables multi-entity companies to make better business decisions based on detailed, real-time, accurate data.
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AccountsIQ Reviews

Overall Rating

4.6

Ratings Breakdown

Secondary Ratings

Ease-of-use

4.5

Customer Support

4.5

Value for money

4.5

Functionality

4.5

Most Helpful Reviews for AccountsIQ

1 - 5 of 36 Reviews

Alastair

Newspapers, 201-500 employees

Used daily for less than 2 years

Review Source
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

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.

Reason 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

Vendor Response

Thanks Alastair for such a glowing review!

Replied July 2020

Daniel

Non-Profit Organization Management, 11-50 employees

Used daily for less than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

5

Reviewed October 2023

Excellent product with good support

Implementation was great with lots of support and training for the team. The product has delivered the functionality desired and is easy to use and to adapt.

PROS

The product is easy to use and customisable to deliver the right level of insights for the organisation

CONS

None - I have been happy with all aspects of AIQ

Reason for choosing AccountsIQ

Better reporting functionality, cleaner and easier to use, better value

Reasons for switching to AccountsIQ

End of product life and a desire to switch to cloud software

Vendor Response

Hi Daniel, Thank you so much for taking the time to leave a review. We're thrilled to hear that you're switch to AIQ is going well. Please do not hesitate to reach out to us if you have further feedback or if you need any help.

Replied October 2023

Katarina

Civil Engineering, 11-50 employees

Used daily for less than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

3

EASE OF USE

2

VALUE FOR MONEY

2

CUSTOMER SUPPORT

2

FUNCTIONALITY

4

Reviewed May 2024

I am not happy, but at this stage resigned.

Cumbersome, very cumbersome. Difficult to get accross our experience to relevant people so change could happen. The obligatory phone call happenned and nothing changed. Number of time would have to beg support to actually help me, never mind some of the passive aggresive or overtly wishing you happy rest of the day when you cannot get problems sorted. Left feeling let down in comparison to what was promised.

PROS

BI Codes Reporting Fixed Asset Register

CONS

ONLY ONE SCREEN CAN BE OPEN. e.g. if you need to compare 2 invoices, you cannot have both opened. Same for PO, etc. System regularly overwrites data entry, as not all information is editable, this makes life quite difficult. Simple data entry requires very high concentration and double checking the information you are inputing is actually recorded. There is only pretend interest from the support/developers. Also, not clear whether what we paid for was fully delivered or we are due refund as despite number of attempts to get a clear answer I was unsuccesful.

Reasons for switching to AccountsIQ

BI Codes

Vendor Response

Hi Katarina, Thank you for taking the time to leave your feedback. We are sorry to hear you are having issues with the platform. We’ve looked into your case; we saw that the team has been in touch with you several times to discuss this with you and offered training and advice. We strive for excellent customer service and will address your concerns with our support team to ensure better interactions in the future. Thank you for your patience and allowing us to improve through your feedback. Best wishes, AccountsIQ support team

Replied July 2024

Nick

Commercial Real Estate, 51-200 employees

Used daily for more than 2 years

Review Source: Capterra
This review was submitted organically. No incentive was offered

OVERALL RATING:

5

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.

Colin

Information Technology and Services, 11-50 employees

Used daily for more than 2 years

Review Source: Capterra

OVERALL RATING:

5

EASE OF USE

5

VALUE FOR MONEY

5

CUSTOMER SUPPORT

5

FUNCTIONALITY

4

Reviewed June 2023

AccountsIQ

PROS

Very easy to use with an excellent help database

CONS

Integration to bank could be improved upon

Vendor Response

Hi Colin, thank you very much for taking the time to leave us your review and feedback. We are constantly working to improve and enhance our integration and functionalities. Please reach out to the client services if you require a specific functionality that is not on AccountsIQ yet.

Replied October 2023