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 Pricing Overview

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

Pricing Details

Pricing is based on functionality used, number of entities and users.

Free Version

No

Free Trial

Yes

Deployment

Cloud, SaaS, Web

Training

In Person

Live Online

Webinars

Documentation

Support

Business Hours

Online

AccountsIQ Features

  • Accounts Receivable
  • Bank Reconciliation
  • Billing & Invoicing
  • CPA Firms
  • Expense Tracking
  • Fixed Asset Management
  • Fund Accounting
  • Government
  • Nonprofits
  • Payroll Management
  • Project Accounting
  • Purchase Orders
  • Tax Management

View full list of Accounting Software

AccountsIQ Alternatives

More AccountsIQ alternatives

AccountsIQ Reviews for UK Users

Showing 5 of 16 reviews

Overall
4.9/5
Ease of Use
4.6/5
Customer Service
4.8/5
Features
4.9/5
Value for Money
4.9/5
Alastair M.
Finance Director
Newspapers, 201-500 Employees
Used the Software for: 1+ year
  • Overall Rating
    5/5
  • Ease of Use
    5/5
  • Features & Functionality
    5/5
  • Customer Support
    5/5
  • Value for Money
    5/5
  • 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.

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
    5/5
  • Ease of Use
    5/5
  • Features & Functionality
    5/5
  • Customer Support
    5/5
  • Value for Money
    5/5
  • 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
Lorraine O.
Group Financial Controller
Computer Software, 51-200 Employees
Used the Software for: 1+ year
  • Overall Rating
    4/5
  • Ease of Use
    4/5
  • Features & Functionality
    4/5
  • Customer Support
    4/5
  • Value for Money
    4/5
  • Likelihood to Recommend
    8/10
  • Reviewer Source 
  • Source: SoftwareAdvice
  • Reviewed on 11/08/2020

"AccountsIQ Review"

Comments: Very positive experience with AIQ , great functionality within the system , ease of use

Pros: Ease of use vs other ERP systems eg Sap . Staff learn to use this system very quickly
Audit trail of information is very easy to follow

Cons: More options should be available within report writing or building

Vendor Response

by AccountsIQ on 28/08/2020

Thanks Lorraine for your kind review. we're glad you find AccountsIQ easy to use. We have also introduced a new Management reporting pack which contains key KPI reports, Profit & Loss reports, Balance Sheet, Cashflow statements, Debtors and Creditors reports. We'll be in touch to make sure you can access these. Also our Power BI integration means you can customise reports and present them in highly visual formats.

  • Reviewer Source 
  • Source: SoftwareAdvice
  • Reviewed on 11/08/2020
Gerry M.
Director
Used the Software for: 2+ years
  • Overall Rating
    5/5
  • Ease of Use
    5/5
  • Features & Functionality
    5/5
  • Customer Support
    5/5
  • Value for Money
    5/5
  • 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
Ian B.
Director of Hotel Accounting
Accounting, 51-200 Employees
Used the Software for: 1+ year
  • Overall Rating
    5/5
  • Ease of Use
    5/5
  • Features & Functionality
    5/5
  • Customer Support
    5/5
  • Value for Money
    5/5
  • Likelihood to Recommend
    10/10
  • Reviewer Source 
  • Reviewed on 27/09/2017

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

Comments: 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.

  • Reviewer Source 
  • Reviewed on 27/09/2017