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Multi-company accounting software

Multi-company accounting can present monthly consolidation challenges for many finance teams who rely on spreadsheets to collate subsidiary accounts. AccountsIQ's multi-company accounting software reduces errors and provides real time information with drill-down capability to subsidiary level. It also blends your GL coding with detailed BI analysis to give you all the insights you need to make better decisions.
Multi-company accounting software
  • devices_other
    Modern accounting
    Real-time cloud accounting designed for groups without compromise.
  • group
    Group reporting
    Stay on top of subsidiary activities with drill down to each entity from consolidated reports.
  • dashboard
    Role-based dashboards
    Share information with key stakeholders using real-time charts and visualisations.
  • report
    Integrated reports
    250+ reports let you focus on advising colleagues as we've done the heavy lifting for you.
Automated accounting

Reduce complexity, increase confidence

The intricacies of group finance means significant effort translating multiple sets of subsidiary accounts into a common consolidated view. The cost of sophisticated, enterprise-grade solutions steers many SMEs to spreadsheets to collate data and perform complex aggregations, transformations and calculations. AccountsIQ sweeps away the need to rely on error-prone and difficult to audit spreadsheets with automated accounting software right across your group.

Performance reporting

Manage differences without losing oversight

Control of subsidiary activity is a challenge, with diverse entities operating in different jurisdictions with local statutory obligations and group governance rules to navigate. AccountsIQ lets you maintain disparate local GL codes that map to common group-wide GL categories and sub-categories. Performance reporting at subsidiary branch, division or department level can also be consolidated, giving you monitoring insight into subsidiary activities.

Grow confidently anywhere and focus on your business priorities

Growing organisations making acquisitions or setting up new operations overseas introduces many new accounting challenges, including multi-currency. AccountsIQ allows maintenance of exchange rates centrally, so you can monitor exposure to currency fluctuations and remotely update period and spot rates. 1-click consolidation converts local base currencies to group-level base currency, so you can focus on the accounting not the arithmetic.

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Save time, achieve more

So much of your time is likely spent organising the collation, evaluation, correction and normalisation of subsidiary accounting records. Once you've configured AccountsIQ you'll have a single click to bring all subsidiary data into your consolidated entity. If you have groups within groups, one click for each of those is all it takes. Join other AccountsIQ customers who are saving days every month on their consolidated accounts production and spend more time on higher value strategic tasks for the business.

Giving your company the edge

Top 5 benefits of adopting AccountsIQ to manage your multi-company accounting

AccountsIQ cloud accounting software
Save time
Time savings
Save significant time and produce consolidated group accounts faster than before. Our day-to-day accounting automation and rules-based consolidation configuration will shave days off your month-end routines.
Reduce group accounting complexity
Reduced complexity
AccountsIQ is designed for organisations to collate the accounting data more easily and accurately. As a result, we have reduced the complexity of group accounting without compromising on the intricacies involved.
Get faster reporting
Faster reporting
When reports and analysis arrive faster at the end of each reporting period on the back of increased automation, confidence steadily grows. Faster, better business decisions can be made with an improved service from the finance team.
One click consolidation
One-click consolidation
Real-time dashboard and KPI updates are available in subsidary entities continuously and updates in consolidated entities once a consolidation run has taken place. By performing 1-click consolidation frequently, throughout the month, you give group insights and real-time visibility with drill-down to the underlying detail.
Reasonably priced
AccountsIQ is designed for mid-sized and growing entities and is priced to reflect this target market. For a single, low monthly-fee you can access all the key features of our group accounting solution.

Accurate, consolidated multi company reporting in real time

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Multi-company accounting software FAQs

AccountsIQ cloud accounting software
How does our multi-company accounting software work?
Multi-company accounting
Using AccountsIQ, you set up each entity within your group in a separate database and roll up reporting to the parent company. You can view your entire company accounts on a single platform and get real-time reports that enable you to see how each brand, branch or subsidiary is performing with a single click.
Overcoming the challenges of group accounting arrow_forward
What to consider when choosing a multi-company accounting software?
Multi-currency accounting
If you are operating in multiple jurisdictions or handle multiple currencies, you will need to look out for an accounting software with international accounting capabilities, including capacity for complex multi-currency transactions. AccountsIQ has the ability to consolidate data from multiple foreign subsidiaries and automatically translate it into the base currency of the entity based on the stored exchange rates for the period.
Consolidation across complex organisations
For more complex organisations, including groups of companies and franchises which operate in many different countries, you'll need software which can cater to a more complex range of needs and can consolidate all your group data in one platform. AccountsIQ is widely used by companies with complex multi-company accounting operations, as well as smaller investment management companies who wish to capture costs and analyse performance by investment fund.
Reporting capabilities
AccountsIQ provides a wide range of reporting options which enable you to make faster and more informed decisions for your complex organisation or multi-company group.
Reporting options arrow_forward
Who can benefit from multi-company accounting software?
Your organisation may benefit from multi-company accounting software if it is involved in: International operations: For companies which have foreign subsidiaries, the ability to manage your business all from one platform is extremely valuable. Multi-currency accounting: If your company conducts transactions in multiple currencies, AccountsIQ software allows you to consolidate financial records in different currencies into a single record with a single base currency.