About accountsIQ


accountsIQ is a cloud-based accounting system offering tools to manage budget, audit, tax returns and cash flow. It is suitable for small and midsize businesses in all industries.

accountsIQ’s budgeting feature enables executives to measure actual results compared with planned budget to analyze consistencies and variances in performance. The software enables budgets created in different currencies to be converted into common currencies for comparison. Project managers and team leaders can create timesheets, manage billing and measure key performance indicators.

The stock management feature allows distribution and retail companies to track inventory levels and create multiple price lists. The software provides business intelligence consolidation to analyze organizational performance on the basis of location, cost center, department and project. Users can create custom reports to summarize project performance with the help of user defined metrics.

accountsIQ is priced per-database, per-month. Support is available by phone and email.



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Supported Operating System(s):

Mac OS, Linux, Web browser (OS agnostic), Windows 10

12 Reviews of accountsIQ

Average User Ratings

Overall

4.92 / 5 stars

Ease-of-use

4.5

Value for money

5.0

Customer support

5.0

Functionality

5.0

Ratings Snapshot

5 stars

(11)

4 stars

(1)

3 stars

(0)

2 stars

(0)

1 stars

(0)

Likelihood to Recommend

Not likely

Very likely

Showing 1-10 of 12 reviews

August 2018

Nick from Hibernia REIT plc

Company Size: 51-200 employees

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

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.

February 2018

Gerry from MBSL

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

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.

September 2017

Ian from French Duncan

Company Size: 51-200 employees

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

September 2017

Easy to use with advanced reporting and consolidation functionality and a flexible, scalable system.

Consolidation and multi-currency accounting Easy to produce hotel industry reports Faster invoice processing Reduced risk of human error Remote access Extended business analytics Easy integration with other systems

Pros

AccountsIQ is an advanced accounting solution which helps us attract business from larger, multinational hotel groups. Its complex functionality gives us the level of complexity, reporting and consolidation needed to win business at the higher end of the market e.g. multi-company consolidation and multi-currency accounting.

We find AccountsIQ easy to use and it can be easily configured to pull off bespoke reports easily.
AccountsIQ's open API means it is easily integrated with other apps such as AutoEntry's document scanning, this combined solution means we save hundreds of hours a month on data capture, analysis and processing of invoices and reduces the risk of human error.

The business intelligence for clients is fantastic with customised dashboards and readily available insights.

December 2017

Linden from University College Dublin (UCD)

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

December 2017

We've been using AccountsIQ for five years now and it's perfect for our needs.

Pros

The system is used by thousands of our business students to work on tutorials for teaching business and financial management. It's a great accounting system for teaching as we can set exams with literally no set up required. Students can follow it easily and we can see clearly how each student has performed.

We worked with AccountsIQ to create a version of the software that would enable UCD's students to learn and be tested, each year we have 500 students and so over the last 5 years we've had nearly 5,000 students using the AccountsIQ system.

The University can set tutorials and reset all companies used for each tutorial to a starting position afterwards. Each year we get a fresh copy of AccountsIQ cleared of data and re-supplied for the fresh intake of students.

AccountsIQ is more logically set out than some other systems, it isn't at all complex and students can see quite clearly the progression through various business processes such as the expenditure and revenue cycles. It's very intuitive.

September 2017

Anne from American Chamber of Commerce, Ireland

Company Size: 11-50 employees

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

September 2017

AccountsIQ is really excellent. It's intuitive, simple to use and the implementation was outstanding

Complete transparency and visibility of financials Drill down to individual transactions High quality reporting Integrated with bank accounts

Pros

AccountsIQ was selected, because of its clear, simple and intuitive way of working.
Now we have complete transparency and visibility of our financials. We can easily drill down to individual transactions and even down to items on an individual invoice without having to pull out any invoices or backups.
AccountsIQ's implementation team helped design and create a set of customised reports for us.
The reporting is high quality, and it's very simple to extract the information we need. It's a vast improvement over what we had before.
AccountsIQ has been integrated with our bank accounts, so we can manage all payments and receipts online directly with the bank and download all bank transaction data directly and post automatically to AccountsIQ and complete bank reconciliations seamlessly.

January 2019

Marcus from Arix Bioscience

Company Size: 11-50 employees

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

January 2019

Reporting and consolidation problems solved

We are a fast growing company which means consolidated reporting in multiple currencies is now required. We struggled previously with complex spreadsheets and a time-consuming manual process, but with AccountsIQ, it is a simple solution to a complicated problem. We didn’t want a clunky accounting system just because it could consolidate multicurrency. AccountsIQ solves our reporting problems without the need for an overly-complex and costly accounting system and saves us half a day alone by being able to produce reports at the push of a button. The onboarding/implementation process was straightforward and quick.

Pros

The software is intuitive
It's easy to add new entities
It saves us a lot of time which as we're quite a lean team makes such a difference
Great for easy consolidation and multicurrency reporting

Cons

Wish I'd found it sooner - there was nothing on the market at this price point that could handle consolidation with ease.

January 2019

Alastair from flinder

Company Size: 2-10 employees

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

January 2019

Speed and powerful reporting

Great team & support with new features and functionality being developed and deployed all the time. Great application for enterprises to get more from the finance function.

Pros

Data segmentation
Integration & automation
Consolidation

Cons

The API is good but could be a little more available to extract reporting data from.

Response from AccountsIQ of

Replied January 2019

Thanks Alastair for your kind review

August 2017

Lee from Salamanca Merchant Banking

Company Size: 1,001-5,000 employees

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

August 2017

Really easy to use accounting and consolidation software, means I can create reports in 5 minutes

Automatic consolidation based on real-time data Easy to produce custom management reports Improved working processes such as purchase order approval Massive staff time savings

Pros

Reporting ability is fantastic - used to spend weeks each month producing consolidated accounts and management reporting packs (as we are a group with 80 entities) using a complex process run from spreadsheets but now with AccountsIQ it takes minutes.
Consolidation is easy
Great value for money
Great customer support - nothing too much trouble and the implementation process was seamless and easy.

August 2016

Augustino from Highlands Business Solutions Ltd

Company Size: 2-10 employees

Review Source: Capterra


Ease-of-use

3.0

Value for money

4.0

Customer support

3.0

Functionality

4.0

August 2016

Accounting software user friendly

Flankly have not used this accounting software - have just read its profile and realised that this the software relevant to my accounting operations specific to the size of our business entity. Like other softwares, I see most of the basic modules which are relevant.

Pros

Have all the basic required modules for our entity.

Cons

Since have no experience on using the software, I am not in the position to commend on this - what I see in a nutshell, is the best for our environment.

August 2017

Martin from BitKarma Ltd.

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

August 2017

Unbelievable functionality for the price. Very easy to use and lots of support setting it up.

Saves so much time.

Pros