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AccountsIQ Review

AccountsIQ
Our score: 8.0 User satisfaction: 100%

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.

Overview 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.

Overview 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.

Awards & Quality Certificates

An award given to products that have recently entered the market but are already becoming very popular
This certificate is granted to products that offer especially good user experience. We evaluate how easy it is to start using the product and how well-designed its interface and features are to facilitate the work process.

AccountsIQ Position In Our Categories

Bearing in mind companies have special business-related demands, it is prudent they avoid paying for an all-in-one, ”best” business program. Having said that, it is nearly futile to try to find such a software system even among recognizable software products.
The right thing to undertake should be to narrow down the several significant factors that need inspection including essential features, costing, skill capability of staff members, organizational size, etc. After which, you must conduct the research thoroughly. Have a look at some of these AccountsIQ review articles and check out the other software products in your shortlist in detail. Such detailed research makes sure you drop poorly fit software products and subscribe to the system that meets all the features you require company requires in sustaining growth.

Position of AccountsIQ in our main categories:

TOP 500

AccountsIQ is one of the top 500 Accounting Software products

TOP 50

AccountsIQ is one of the 50 Online Accounting Software products

AccountsIQ is also listed in the following subcategories:

Every organization has different wants and needs a system that can be customized for their size, type of workers and buyers, and the particular industry they are in. For these reasons, no software can provide perfect features out-of-the-box. When you try to find a software system, first be sure what you require it for. Read some AccountsIQ Accounting Software reviews and ask yourself do you need basic features or do you want complex tools? Are there any industry-specific functionalities that you are looking for? Get the answers to these queries to help your search. There are multiple factors that you need to reflect on and these include your budget, specific business needs, your organization size, integration requirements etc. Take your time, try out a few free trials, and finally choose the system that presents all that you need to improve your organization effectiveness and productivity.

How Much Does AccountsIQ Cost?

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 make a decision to buy Accounting Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and AccountsIQ reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with AccountsIQ. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

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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?

  • email
  • phone
  • live support
  • training
  • tickets

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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.

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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Reviewed By Jenny Chang
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