AccountsIQ is a cloud accounting software that simplifies the capture, process, and reporting of financial data. It offers intuitive tools to automate consolidation, manage budget, audit, digital VAT returns, and cash flow. It is suitable for small to medium-size businesses in all industries and is designed specifically to suit business environments where multiple entities need access to a common platform.
With a flexible 3-tier General Ledger and 6 dimensions BI coding structure, AccountsIQ enables detailed and granular reporting and performance to be benchmarked across a group network. It includes 250 reports, management reporting packs, and dashboards and has an Excel Add-In and Power BI connection for customised analysis.
AccountsIQ’s consolidation module makes it easy to consolidate multiple subsidiaries and manage complex ownership, handle foreign currency, centrally control exchange rates, and simplify intercompany recharging. Additionally, the stock management feature allows companies to track inventory levels and create multiple price lists. It is an ideal time-saving solution for multi-company and multi-location businesses.
AccountsIQ’s budgeting feature enables users to measure actual results compared with planned budgets to analyse consistencies and variances in performance. This solution allows users to create budgets in different currencies to be converted into common currencies for comparison. Project accounting features enable easy billing and measurement against KPIs and a Time and Expenses Module enables users to manage projects and avoid Revenue Leakage.
With an expense capture and approval mobile app, AccountsIQ is able to streamline workflow approvals of purchase orders and invoices. User and client access management controls are included with customisable charts of accounts, GL coding, and dashboards.
AccountsIQ is easily integrated through its open API with other Cloud systems to deliver business-wide efficiencies. It is priced per-month and pricing scales depending on the number of entities and functionality.