Has Xero taken you as far as it can - now that you're managing multiple entities, deeper reporting and finance controls that need to scale?
Mid-market finance teams scaling up
You manage two or more entities and need consolidation without consultant input
You want to go live in weeks, not months without a partner-led implementation
Your finance team needs to work independently
- amending charts of accounts, configuring approvals
- without raising a support ticket every time
You need ERP-level financial management at around a sixth of the cost
You want direct, in-house support from people who know the product
Enterprise teams with cross-functional ERP needs
You need a single platform spanning finance, HR, inventory and supply chain
You have the IT resource and budget for a 6–18 month implementation
Your requirements extend well beyond the finance function
You need deep customisation across multiple business units
You're operating at enterprise scale with highly specific, cross-functional workflow requirements
Here’s how we compare, feature by feature
Xero's two tracking categories work well for simple businesses, but growing finance teams often need to report by department, project, fund, region and cost centre at the same time. AccountsIQ supports six BI dimensions as standard, rated 8.8 on G2 versus Xero's 8.1, so you can slice reporting the way your business actually operates without spreadsheet workarounds.
Managing more than one entity in Xero usually means exporting data and consolidating it manually, or paying for a third-party add-on. AccountsIQ builds automated consolidation - including intercompany eliminations and FX revaluation - directly into the core platform. On G2, AccountsIQ's multi-entity capability scores 8.6 against Xero's 7.6, the single largest gap between the two products.
Many Xero customers assemble a stack of add-ons - tools like Dext for AP automation and ApprovalMax for approvals - to get functionality AccountsIQ includes natively. Invoice OCR, PO-to-PI matching and configurable approval workflows come as standard, reducing the number of systems your finance team has to manage and reconcile.
What do you like best about AccountsIQ?
AccountsIQ is a user friendly robust cloud-based accounting platform that's user-friendly. Implementation is smooth with great onboarding support, and the customer service team is responsive and helpful. It’s used daily by our finance team, offering strong features like, budgeting, and consolidations. Integration with other systems is solid via API. The learning academy is a great tool that provides videos and quizzes while transitioning to Accounts IQ which can be taken at your own pace.
Eric H.
Financial Controller
