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AccountsIQ Review
What is AccountsIQ?
AccountsIQ is a robust cloud-based accounting system that comes with a throng of features and capabilities to enable businesses to stay on top of their accounting processes as well as accounting outsourcing providers (accounting firms and independent professional accountants) who aim to serve a large client base that has multi-company, multi-location accounting requirements. The software combines Accounting, Consolidation and Business Intelligence into a single, compact, and powerful package.
AccountsIQ caters to businesses that wish to graduate from their entry-level accounting software or aim to turn their traditional accounting setup into a modern cloud-based operation. The system makes it easy for businesses to attain smarter insights into their accounting, enabling managers to come to smart decisions and at the same time, empower remote managers, finance staff, and your accountant to collaborate readily and easily.
Show MoreOverview of AccountsIQ Benefits
AccountsIQ provides businesses and accounting services providers with a powerful online accounting platform that is delivered as a fully hosted Software-as-a-Service. Unlike traditional accounting software and applications, you don’t have to worry about installing AccountsIQ into your servers. It is cloud-based, which means there is no need to worry about getting additional hardware to accommodate a new system, ultimately resulting in lesser costs, enhanced productivity, and increased revenue.
Among its many obvious benefits is consolidation functionality that lets you unify all your accounting results from multiple companies and multiple unit groups in real time. This capability delivers a clear and accurate singular picture of your organization’s accounting as errors are effectively eliminated from the equation.
AccountsIQ reports are highly customizable based on shifting customer requirements. This allows you to get the information you specify without compromising integrity. Collaboration is a breeze as well. Multiple accounting departments, finance teams, and even outsource parties can be brought to the same page for effective and highly productive collaboration.
Companies enjoy full audit trail tracking with AccountsIQ, making it easy for them to monitor and document all transactions on all their departments and locations. Real-time control of their user base across various systems takes them on top of their accounting processes and transactions.
Show MoreOverview of AccountsIQ Features
- Budgeting
- Ledgers
- Multi-currency
- Audit Trail
- Tax Returns
- Cashflow Management
- Time and Expense Management
- Timesheets
- Project Billing
- Stock/Inventory Management
- Sales Order Management
- Purchase Order Management
- Custom Workflows
- Business Intelligence
- Custom Dashboards
- Accounts Consolidation
- Business Intelligence Consolidation
- Invoice Capture
- Approval Workflow
- e-Banking
- Paperless Office
- Bulk Email
What Problems Will AccountsIQ Solve?
1. Lack of visibility on the performance of the organization
Many clients in senior finance roles before moving to AccountsIQ would spend weeks each month producing management reporting using complex processes run from spreadsheets because their existing accounting system just couldn’t cope. With AccountsIQ’s unique architecture, complex accounting requirements and reporting are easily facilitated. AccountsIQ can easily develop a custom reporting pack for finance teams linking to live data, therefore, providing continuous consolidation.
The AccountsIQ application makes it easy to extract the data that clients want and present it in a meaningful way.
2. Manual processes and inefficient finance teams
AccountsIQ has integrated with AutoEntry which is an automated data capture application that means you can have a true Cloud-led, paperless finance function. AutoEntry captures, analyses and posts invoices, receipts and statements into AccountsIQ. Clients like French Duncan save hours each month and they can have the ability to process between 2,000 and 3,000 client invoices per month using AutoEntry integrated with AccountsIQ, freeing up two members of staff. AccountsIQ brings other benefits such as purchase order approval, automated consolidation, and reporting which help improve working processes.
3. It takes a long time each month to consolidate accounts
If you’re an organization with multiple entities or deal with multiple currencies, consolidation can take as much as a week every month and this can be error-prone, particularly if you’re working with different systems, currencies, and spreadsheets. AccountsIQ provides a clear view through of group accounts in real time, in just one click, and in any currency selected. By linking the range of branch-level ledger codes to a common set of group codes, AccountsIQ allows your subsidiaries to enjoy individual coding structures so group analysis can be retrieved as needed.
AccountsIQ Position In Our Categories
Knowing that businesses have particular business wants, it is reasonable they avoid deciding on a one-size-fits-all, ideal software. Nonetheless, it is troublesome to try to chance on such a software solution even among popular software systems. The sensible step to do can be to spell out the several key factors which demand research like major features, price terms, skill competence of staff, company size, etc. After which, you should conduct the product research thoroughly. Go over some AccountsIQ analyses and check out the other software solutions in your shortlist in detail. Such comprehensive research ensures you take out mismatched software products and choose the system which meets all the tools your business requires for success.
Position of AccountsIQ in our main categories:
TOP
500
AccountsIQ is one of the top 500 Accounting Software products
TOP
100
AccountsIQ is one of the 100 Online Accounting Software products
It's crucial to keep in mind that hardly any software in the Accounting Software category is going to be an ideal solution able to meet all the requirements of different business types, sizes and industries. It may be a good idea to read a few AccountsIQ Accounting Software reviews first as specific software can excel just in a really small group of applications or be designed with a very specific type of industry in mind. Others can operate with a goal of being simple and intuitive and therefore lack complicated elements desired by more experienced users. You can also find solutions that cater to a broad group of customers and provide a powerful feature toolbox, however this frequently comes at a more expensive price of such a service. Ensure you're aware of your requirements so that you buy a solution that has all the elements you search for.
How Much Does AccountsIQ Cost?
AccountsIQ Pricing Plans:
Free Trial
Quote-based Plan
Contact vendor
What are AccountsIQ pricing details?
AccountsIQ Pricing Plans:
Free Trial
Quote-based Plan
Contact vendor
Contact AccountsIQ for enterprise pricing information and other product details. You can submit a request for a demo to see if the software is a perfect fit for your business.
User Satisfaction
Positive Social Media Mentions
138
Negative Social Media Mentions
0
We realize that when you decide to purchase a Accounting Software it’s important not only to find out how professionals rank it in their reviews, but also to check whether the real people and companies that use this software are genuinely content with the product. Because of that need we’ve devised our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and AccountsIQ reviews across a wide range of social media sites. The information is then featured in a simple to digest form revealing how many people had positive and negative experience with AccountsIQ. With that information available you should be prepared to make an informed purchasing decision that you won’t regret.
Video
Technical details
Devices Supported
- Windows
- Android
- iPhone/iPad
- Web-based
Deployment
- Cloud Hosted
Language Support
- English
Pricing Model
- Quote-based
Customer Types
- Medium Business
What Support Does This Vendor Offer?
- phone
- live support
- training
- tickets
What integrations are available for AccountsIQ?
AccountsIQ has an open API can can therefore easily integrate with any other cloud software.
AccountsIQ integrates with the following business systems and applications:
- iSams
- Concur
- Salesforce CRM
- AutoEntry OCR
- Kefron
- TransferMate Global Payments
- Fourth
- Opera
- flinder
- Compleat
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