Who Uses AccountsIQ?

Mid-size group companies across all sectors e.g. financial services, investment management, property developers, renewable energy, asset management firms, accounting firms, architects, construction.

What Is AccountsIQ?

AccountsIQ brings smarter accounting to mid-sized organisations and groups. With the technology and price benefits of a Cloud-based application, AccountsIQ makes advanced accounting and bespoke reporting affordable in one monthly fee. Its unique consolidation aspect makes it an ideal solution for multi-company businesses. Includes business analytics, cashflow forecasting and management, budgeting for sales consultants, accountants, franchisors. Integrates with a range of apps via its open API.

AccountsIQ Details

AccountsIQ

http://www.accountsiq.com

Founded 2005

AccountsIQ Software - 1
AccountsIQ video
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AccountsIQ pricing overview

See pricing plans

AccountsIQ does not have a free version but does offer a free trial. AccountsIQ paid version starts at US$280.00/month.


Starting Price

US$280.00/month See pricing details

Free Version

No

Free Trial

Yes

AccountsIQ deployment and support

Support

  • Email/Help Desk
  • Knowledge Base
  • Phone Support
  • Chat

Deployment

  • Cloud, SaaS, Web-based
  • Android (Mobile)
  • iPhone (Mobile)

Training

  • In Person
  • Live Online
  • Webinars
  • Documentation
  • Videos

AccountsIQ Features

  • API
  • Access Controls/Permissions
  • Accounting
  • Accounts Payable
  • Accounts Receivable
  • Activity Dashboard
  • Activity Tracking
  • Approval Process Control
  • Audit Management
  • Audit Trail
  • Automatic Billing
  • Bank Reconciliation
  • Billing & Invoicing
  • Budgeting/Forecasting
  • CPA Firms
  • Compliance Management
  • Credit Card Processing
  • Document Storage
  • Expense Claims
  • Expense Tracking
  • Financial Management
  • Financial Reporting
  • Fixed Asset Management
  • For Government
  • Fund Accounting
  • General Ledger
  • Income & Balance Sheet
  • Inventory Management
  • Inventory Tracking
  • Invoice Management
  • Mobile Access
  • Multi-Currency
  • Multi-Location
  • Nonprofits
  • Order Management
  • Payroll Management
  • Project Accounting
  • Project Management
  • Projections
  • Purchase Order Management
  • Purchasing & Receiving
  • Quotes/Estimates
  • Receipt Management
  • Recurring/Subscription Billing
  • Reminders
  • Sales Tax Management
  • Status Tracking
  • Tax Management
  • Third Party Integrations
  • Workflow Management

View full list of Accounting Software

  • ACH Payment Processing
  • API
  • Accounting
  • Accounting Integration
  • Accounts Payable
  • Accounts Receivable
  • Activity Dashboard
  • Asset Tracking
  • Attendance Management
  • Bank Reconciliation
  • Billing & Invoicing
  • Budgeting/Forecasting
  • Cash Flow Management
  • Cash Management
  • Check Printing
  • Compliance Management
  • Credit Card Processing
  • Customisable Branding
  • Customisable Reports
  • Customisable Templates
  • Data Import/Export
  • Donation Management
  • Electronic Payments
  • Event Management
  • Event Scheduling
  • Expense Tracking
  • Financial Analysis
  • Financial Management
  • Financial Reporting
  • For Religious Organizations
  • Fund Accounting
  • General Ledger
  • Invoice Management
  • Invoice Processing
  • Membership Management
  • Mobile Access
  • Multi-Currency
  • Payroll Management
  • Purchase Order Management
  • Real Time Data
  • Real Time Reporting
  • Receipt Management
  • Recurring/Subscription Billing
  • Reminders
  • Reporting & Statistics
  • Sales Tax Management
  • Third Party Integrations
  • Time & Expense Tracking
  • Transaction History
  • Volunteer Management

View full list of Church Accounting Software

  • API
  • Accounting
  • Accounting Integration
  • Activity Dashboard
  • Approval Process Control
  • Audit Trail
  • Bank Reconciliation
  • Budgeting/Forecasting
  • Cash Flow Management
  • Cash Management
  • Compliance Management
  • Configurable Workflow
  • Consolidation/Roll-Up
  • Currency Management
  • Customisable Reports
  • Dashboard Creation
  • Data Import/Export
  • Data Visualisation
  • Electronic Payments
  • Financial Analysis
  • Financial Management
  • Financial Reporting
  • Fixed Asset Management
  • Forecasting
  • General Ledger
  • Investment Management
  • Invoice Management
  • Invoice Processing
  • Mobile Access
  • Monitoring
  • Multi-Company
  • Multi-Currency
  • Planning Tools
  • Project Management
  • Project Time Tracking
  • Projections
  • Real Time Analytics
  • Real Time Data
  • Real Time Monitoring
  • Real Time Reporting
  • Reporting & Statistics
  • Revenue Recognition
  • Risk Management
  • Tax Management
  • Third Party Integrations
  • Transaction History
  • Transaction Monitoring
  • User Management
  • Visual Analytics
  • Workflow Management

View full list of Financial Management Software

  • "What If" Scenarios
  • API
  • Access Controls/Permissions
  • Account Reconciliation
  • Accounting
  • Accounting Integration
  • Activity Dashboard
  • Alerts/Notifications
  • Approval Process Control
  • Audit Management
  • Audit Trail
  • Bank Reconciliation
  • Billing & Invoicing
  • Budgeting/Forecasting
  • Cash Flow Management
  • Cash Management
  • Compliance Management
  • Consolidation/Roll-Up
  • Customisable Reports
  • Customisable Templates
  • Dashboard Creation
  • Data Import/Export
  • Data Visualisation
  • ERP
  • Electronic Payments
  • Expense Tracking
  • Financial Analysis
  • Financial Management
  • Forecasting
  • General Ledger
  • Income & Balance Sheet
  • Invoice Management
  • Invoice Processing
  • Monitoring
  • Multi-Company
  • Multi-Currency
  • Planning Tools
  • Profit/Loss Statement
  • Projections
  • Purchase Order Management
  • Real Time Analytics
  • Real Time Data
  • Real Time Reporting
  • Receipt Management
  • Reporting & Statistics
  • Reporting/Analytics
  • Scenario Planning
  • Third Party Integrations
  • Visual Analytics
  • Workflow Management

View full list of Reporting Tools

AccountsIQ Alternatives

More AccountsIQ alternatives

AccountsIQ Reviews for UK Users

Read all 20 reviews

Average score

Overall
4.8
Ease of Use
4.7
Customer Service
4.8
Features
4.8
Value for Money
4.9

Reviews by score

5
17
4
2
3
1

Reviews by company size (employees)

  • <50
  • 51-200
  • 201-1,000
  • >10,001
Alastair M.
Finance Director
Newspapers, 201-500 Employees
Used the Software for: 1+ year
  • Overall Rating
  • Ease of Use
  • Features & Functionality
  • Customer Support
  • Value for Money
  • Likelihood to Recommend
    10/10
  • Reviewer Source 
  • Source: SoftwareAdvice
  • Reviewed on 19/06/2020

"Accounts IQ transformed our business"

Comments: 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.

Alternatives Considered: Sage 100cloud

Reasons for Choosing AccountsIQ: Needed cloud-based accounts system with consolidation functionality, at a reasonable price point

Reasons for Switching to AccountsIQ: Gives us all the functionality we need and more, at a very reasonable price point.

Vendor Response

by AccountsIQ on 08/07/2020

Thanks Alastair for such a glowing review!

  • Reviewer Source 
  • Source: SoftwareAdvice
  • Reviewed on 19/06/2020
Nick T.
Financial Controller
Commercial Real Estate, 51-200 Employees
Used the Software for: 2+ years
  • Overall Rating
  • Ease of Use
  • Features & Functionality
  • Customer Support
  • Value for Money
  • Likelihood to Recommend
    9/10
  • Reviewer Source 
  • Reviewed on 09/08/2018

"AccountsIQ Saves us a Day a Week in Processing Time"

Comments: 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.

  • Reviewer Source 
  • Reviewed on 09/08/2018
Marianna W.
accounts
Architecture & Planning, 11-50 Employees
Used the Software for: 2+ years
  • Overall Rating
  • Ease of Use
  • Features & Functionality
  • Customer Support
  • Value for Money
  • Likelihood to Recommend
    6/10
  • Reviewer Source 
  • Reviewed on 12/05/2021

"Meitheal"

Comments: 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.

Vendor Response

by AccountsIQ on 23/06/2021

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

  • Reviewer Source 
  • Reviewed on 12/05/2021
Lorretta N.
Finance manager
Nonprofit Organization Management, 11-50 Employees
Used the Software for: 1+ year
  • Overall Rating
  • Ease of Use
  • Features & Functionality
  • Customer Support
  • Value for Money
  • Likelihood to Recommend
    9/10
  • Reviewer Source 
  • Reviewed on 21/06/2021

"Lorretta Nwafor"

Comments: 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.

Vendor Response

by AccountsIQ on 22/06/2021

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

  • Reviewer Source 
  • Reviewed on 21/06/2021
Gerry M.
Director
Used the Software for: 2+ years
  • Overall Rating
  • Ease of Use
  • Features & Functionality
  • Customer Support
  • Value for Money
  • Likelihood to Recommend
    Unrated
  • Reviewer Source 
  • Reviewed on 13/02/2018

"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.

  • Reviewer Source 
  • Reviewed on 13/02/2018