AccountsIQ
About AccountsIQ
AccountsIQ is cloud accounting software for medium-sized companies that assists businesses in investment management, financial services, retail, hospitality, and other sectors with group accounting, cash flow forecasting, budgeting, and financial reporting. It enables stakeholders to gain visibility into payments due, funds allocation and customer balances, and quickly process electronic invoices and statements on a unified platform.
AccountsIQ provides a customer portal, which allows customers to access their account details and print invoices and financial statements. Finance teams can utilize the accounts payable automation functionality to track various types of invoices including batch post purchase, advance payment, and forward-dating invoices as well as credit notes. Organizations can also leverage the business intelligence in order to assign transaction types to relevant projects, divisions, cost centres, departments, and funds. AccountsIQ is designed for businesses with multiple international subsidiaries, providing finance functions tools to consolidate accounts across subsidiary companies, collaborate remotely and access detailed business intelligence.
AccountsIQ offers an API, which lets businesses integrate the system with numerous third-party platforms such as Salesforce, iSAMS, Concur, AutoEntry, Kefron, Fourth, TransferMate, BrightPay, and more. Other features include workflow management, collaboration, document management, consolidated reports, PSD2 compliance review, tax processing, and more.
Key benefits of AccountsIQ
• Multi-dimensional reporting - users can easily interpret company performance with 250 standard reports, dashboards and management packs. Custom reports can be produced by user easily via the Excel Add-In and Power BI connectors.
• Automated consolidation feature saves a huge amount of time and means multiple companies and different currencies can be consolidated at the click of a button.
• Accounting and budgeting - General Ledger, budgeting, cash flow forecasting, management and reporting, multi-currency transactions
• Simultaneous real-time access to accounting records and easy drill-down to business documents
• Flexible BI coding and General Ledger allows detailed and granular reporting and you can benchmark performance across the group or branch network.
• Mobile applications help streamline workflow approval of purchase orders and invoices and employees can easily submit and approve expenses with the Expense Capture App.
• The Time and Expenses Module helps users manage projects and avoid Revenue Leakage.
• A simple to use stock management facility, allows users to manage multiple price lists and stock locations.
• System is fully scalable in terms of user and transaction volumes and easy to add on extra entities and modules.
• Integrates with other cloud business systems such as Salesforce, Proforecast, Concur, AutoEntry, iCompleat, Chaser, TransferMate Global Payments, BrightPay Payroll and many others.
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Reviews
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- Industry: Information Technology & Services
- Company size: 51–200 Employees
- Used Daily for 1+ year
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 9.0 /10
Very user-friendly software :)
Reviewed on 2025/01/20
Great! The software is really well programmed, the processes are understandable and easy. The...
Great! The software is really well programmed, the processes are understandable and easy. The training developed for AIQ academy is very professional and thorough.
Pros
Very user-friendly design, many automated processes, which makes it easier to work with the software.
Cons
Does not support non-English letters, which would be very helpful.
Response from AccountsIQ
Hi
Thanks for sharing your experiences of AccountsIQ, we are delighted that you're happy with the platform and that it's bringing real benefits to your business. Thanks also for your constructive feedback, we will be sure to share this with our development team.
Best wishes,
AccountsIQ
- Industry: Mining & Metals
- Company size: 11–50 Employees
- Used Daily for 1+ year
-
Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 0.0 /10
AiQ - Not Suitable For Projects
Reviewed on 2025/01/31
I don't feel this program is suitable for Projects in particular, mining companies. It seems to be...
I don't feel this program is suitable for Projects in particular, mining companies. It seems to be more for warehouse inventory.
Pros
It is easy to use if your purchase order is not complicated.
Cons
It's hard to find things like "paid invoices". This should be a function which is easily accessible via the PO or PO list.
Response from AccountsIQ
Thank you very much for taking the time to leave a review. We are sorry you haven’t had a good experience of using our platform, and we would like to rectify this by talking to you directly to discuss the issues you experienced. Please get in touch if you’d be happy for one of our team to reach out.
Kirstein, AccountsIQ
- Industry: Civil Engineering
- Company size: 11–50 Employees
- Used Daily for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 4.0 /10
I am not happy, but at this stage resigned.
Reviewed on 2024/05/20
Cumbersome, very cumbersome.
Difficult to get accross our experience to relevant people so change...
Cumbersome, very cumbersome.
Difficult to get accross our experience to relevant people so change could happen. The obligatory phone call happenned and nothing changed.
Number of time would have to beg support to actually help me, never mind some of the passive aggresive or overtly wishing you happy rest of the day when you cannot get problems sorted.
Left feeling let down in comparison to what was promised.
Pros
BI Codes
Reporting
Fixed Asset Register
Cons
ONLY ONE SCREEN CAN BE OPEN. e.g. if you need to compare 2 invoices, you cannot have both opened. Same for PO, etc.
System regularly overwrites data entry, as not all information is editable, this makes life quite difficult.
Simple data entry requires very high concentration and double checking the information you are inputing is actually recorded.
There is only pretend interest from the support/developers.
Also, not clear whether what we paid for was fully delivered or we are due refund as despite number of attempts to get a clear answer I was unsuccesful.
Response from AccountsIQ
Hi Katarina,
Thank you for taking the time to leave your feedback. We are sorry to hear you are having issues with the platform. We’ve looked into your case; we saw that the team has been in touch with you several times to discuss this with you and offered training and advice. We strive for excellent customer service and will address your concerns with our support team to ensure better interactions in the future. Thank you for your patience and allowing us to improve through your feedback.
Best wishes,
AccountsIQ support team
- Industry: Civil Engineering
- Company size: 51–200 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
Great software
Reviewed on 2024/12/13
We've been using AIQ for 2 & a half years, it has been really move sailing and for any new...
We've been using AIQ for 2 & a half years, it has been really move sailing and for any new starters, the how to videos are great to refer back to, or if we need further training on a topic, we refer back to this so great to have these on hand!
Pros
Very easy to use with user friendly videos.
Cons
As of late, AIQ has been running slow which does mean we're less productive but this does only last half an afternoon or so, but this overlooks the pros!
Response from AccountsIQ
Hi Rio
Thanks so much for providing us with a review, we are delighted that you find AccountsIQ easy to use and that you find the training videos useful. We will take on board all your comments in our quest to keep listening to our users and improving the product as best we can!
AccountsIQ
- Industry: Nonprofit Organization Management
- Company size: 11–50 Employees
- Used Daily for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Excellent product with good support
Reviewed on 2023/10/05
Implementation was great with lots of support and training for the team. The product has delivered...
Implementation was great with lots of support and training for the team. The product has delivered the functionality desired and is easy to use and to adapt.
Pros
The product is easy to use and customisable to deliver the right level of insights for the organisation
Cons
None - I have been happy with all aspects of AIQ
Alternatives Considered
Sage 50cloud AccountingReasons for Choosing AccountsIQ
End of product life and a desire to switch to cloud softwareReasons for Switching to AccountsIQ
Better reporting functionality, cleaner and easier to use, better valueResponse from AccountsIQ
Hi Daniel,
Thank you so much for taking the time to leave a review. We're thrilled to hear that you're switch to AIQ is going well. Please do not hesitate to reach out to us if you have further feedback or if you need any help.
AccountsIQ FAQs
Below are some frequently asked questions for AccountsIQ.Q. What type of pricing plans does AccountsIQ offer?
AccountsIQ offers the following pricing plans:
- Starting from: €199.00/month
- Pricing model: Subscription
- Free Trial: Available
Pricing is based on functionality/modules needed and number of entities, please contact AccountsIQ directly for pricing information.
Q. Who are the typical users of AccountsIQ?
AccountsIQ has the following typical customers:
11–50, 51–200, 201–500, 501–1,000
Q. What languages does AccountsIQ support?
AccountsIQ supports the following languages:
English
Q. Does AccountsIQ support mobile devices?
AccountsIQ supports the following devices:
Android (Mobile), iPhone (Mobile)
Q. What other apps does AccountsIQ integrate with?
AccountsIQ integrates with the following applications:
Arlo for Training Providers, AutoEntry, Bright, CMap, Cvent Event Management, ExpenseIn, Expensify, Fourth Suite, Joblogic, Kefron AP - Accounts Payable, Lightyear, Marketman, Plaid, ProForecast, SAP Concur, Salesforce Platform, TransferMate, iSAMS
Q. What level of support does AccountsIQ offer?
AccountsIQ offers the following support options:
Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, Chat
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