When growth is your top priority, you can quickly outpace the capabilities of your accounting software. From start-up to unicorn and beyond, scale up faster with next level cloud accounting, limitless transactions and more actionable business intelligence.
Track growth in line with targets. Monitor MRR, ARR and other KPIs, by product or by region, in multiple currencies and in real time. Respond quickly to opportunities with insights from our range of reporting tools and dashboards.
Achieve consistency and reduce errors by integrating CRM data with your accounts via our open API. Explore our range of existing integrations with other apps including expenses, banking, payroll, international payments and more.
Save time and reduce errors with automated workflows that transform how you process purchase orders, approvals, expenses, reconciliation and foreign currencies. Enjoy a spreadsheet-free month end close with advanced BI and consolidation, straight out-of-the-box.
The implementation process was faultless, we migrated from QuickBooks and had regular meetings and encouragement to keep us on track. The API was the feature that sold AccountsIQ to us and it has been great. The support is superb so any issues we have ever had have been resolved quickly.
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AccountsIQ provides a feature-rich cloud accounting solution for Educrowd, a rapidly scaling SaaS business and as their clients are based in 50 countries around the world, strong multicurrency capability was a key requirement for the business.
Based in Victoria, Australia, Educrowd launched in 2015 as an online learning and skills management platform for multinational companies. Educrowd is a rapidly scaling SaaS business and as their clients are based in 50 countries around the world, strong multicurrency capability was a key requirement for the business. The finance team will soon need consolidated reports as they look to acquire another business. For Educrowd’s small finance team, the accounting system also needs to be easy to use, saving time on everyday processes. Morag McKeand, Educrowd’s Financial Controller, tried several other accounting platforms including Sage and Xero before deciding that AccountsIQ was the best option for Educrowd’s needs.
For a small finance team with clients in many international markets, AccountsIQ not only provides detailed analysis in multiple currencies, it is also rich with features that make life easier when it comes to daily tasks. Compared to other accounting platforms for small businesses, Morag prefers AccountsIQ for its usability:
AccountsIQ is full of really user-friendly details. Being able to have more than one screen open at the time gives you really good visibility and makes referencing or comparing things much easier. The Transaction Browser will find anything; you might need to find a customer code, for example, and you don’t have to move away from the screen you are working on to find it. When I’ve tried to do this with Sage, it was just really clunky. AccountsIQ is much more intuitive. I just go to the main dashboard and everything is there.”
Educrowd’s client base includes self-serve clients who are billed monthly. The Educrowd team also works with other suppliers who bill on a monthly basis. AccountsIQ allows Educrowd to automate recurring billing on both the customer and the supplier side. “This is very handy,” says Morag, “And multicurrency, a key factor for us, is straightforward with AccountsIQ.”
“The Email Log is a feature I like a lot” she continues. “It’s very handy when a customer is unsure of whether or not they have been sent an invoice or reminders. You can find it really quickly in AccountsIQ’s log and resend it. It helps provide a better customer service as well as keeping payments and cash flow on track.”
AccountsIQ collaborates with Sydney-based Saoi Business Consulting to provide a local implementation and support service for businesses ‘down under’ looking to move up a step from Xero or Sage. Darren Donohoe, an original Co-Founder of AccountsIQ and now Head of Operations at Saoi Business Consulting worked directly with Morag to set up AccountsIQ for Educrowd. His team continues to be her first point of contact for support.
Darren says, “AccountsIQ is the only financial management software available in Australia or New Zealand which offers accounting, consolidation and business intelligence, all on one platform and at an affordable price. It fills a real gap for evolving businesses like Educrowd which needs scalability without a large upfront investment.”
I have used numerous accounting packages over the years such as Xero, MYOB, Sage, Reckon, and I’ve found AccountsIQ to be the most intuitive relative to the vast amount of functionality available. Its in-depth reporting functionality is a standout for me and when management often requires variations to the standard monthly P&L, the ability to tailor the reporting parameters saves me valuable time and a lot of frustration.”
ION deliver business and financial transformation through the application of market-leading technologies such as AccountsIQ.
ION Industries Ltd, who deliver business and financial transformation through the application of market-leading technologies such as AccountsIQ, have been a business partner for two years. As an implementation partner, ION is licensed to resell AccountsIQ, and implement and customise the software to suit individual customer needs.
As the AccountsIQ Lead Implementation Consultant at ION, David Tinnion has been responsible for implementing AccountsIQ for clients such as Ramarketing, BayWa r.e. and Oxford Royale Academy:
We wanted to find a market leading mid-market Cloud accounting product and were delighted to discover AccountsIQ could offer our clients everything they needed in one system,” explains David.
Prior to carrying out any projects, new partners are given in-depth training carried out by one of AccountsIQ’s product specialists. Additional support and guidance are provided within the product itself, for example, Help Juice articles and FAQs. Partners are continually supported by a dedicated Partner Manager and are kept up-to-date with new product features.
At the outset of the relationship, one of AccountsIQ’s product specialists (Ellen) came to us on site to provide in depth product training which was great. We also have a weekly call with Ellen to go over any issues – her product knowledge is exceptional,” explains David.
AccountsIQ’s e-Learning platform ‘AIQ Academy’, containing hundreds of video product tutorials, enables partners to access on-demand training on specific features and makes it easy for partners to support their customers.
From an implementation perspective, AccountsIQ is incredibly easy to work with. The system gives you a lot of information that you need on-screen, and it guides you through the process.”
A recent implementation that David has worked on is Lepra, the international charity working to beat leprosy. The Lepra project was really straightforward and the implementation aspect of the project, prior to UAT, was performed within a week.
The Lepra project is a great example of how well and completely seamlessly an implementation can go. The in-product guidance within AccountsIQ is easy to understand and bringing the data into AccountsIQ is incredibly straightforward.”
There is so much versatility within the product in comparison with similar desktop-based or hybrid cloud products. After over 20 years in Accounting Software implementation, I would say that the intuitiveness of the AccountsIQ system is second to none. We know that for many, getting people onboarded with new software can be challenging, but with AccountsIQ, our customers have found their teams were able to make use of the system straightaway.”
A key benefit David has discovered when implementing AccountsIQ is the huge timesaving gained by clients.
For Lepra in particular, the levels of automation within AccountsIQ have proven to be hugely beneficial. Having previously needed a third-party product to handle bank reconciliation, involving multiple data downloads and uploads, Lepra have been able to significantly reduce this 11-step process to just a 3-step process with the introduction of AccountsIQ into their business.
“Lepra are very happy with the product, AccountsIQ has been a massive time-saver for them.”
AccountsIQ was the only solution we found that combined the ease of use of cloud based accounting systems and the multi-dimensional analysis that is needed for charity accounting at a cost that we liked!” Nick Avery, Director of Resources, Lepra. Read Lepra Case Study.
Ramarketing, an award-winning pharmaceutical PR and digital agency, multi-entity consolidation and the ability to handle multiple currencies were key objectives when looking for a new accounting system. The powerful consolidation and multi-currency accounting functionality of AccountsIQ were just two of the many features of the system that met the business requirements for Ramarketing, hence ION recommended and implemented AccountsIQ to replace Sage Financials.
Ramarketing were looking for an SME solution that provided a variety of insights into project profit-bility, whilst managing group consolidation and multi-currency. ION helped us select, implement and support the introduction of AccountsIQ to achieve this, without compromising the statutory requirements of an accounting system.” Barry Goddard, Finance Director, Ramarketing. Read Ramarketing Case Study.
Learn more about the AccountsIQ partner programme and find out how you can leverage AccountsIQ to deliver high value projects to growing businesses.
If you’d like to request a call back from our Partnerships Team, get in touch.
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StitcherAds, with offices in the US, Ireland and the UK switched to AccountsIQ from Quickbooks as they needed multi-user capabilities, consolidation and the ability to scale as the business grows.
StitcherAds is a Facebook and Instagram marketing partner, building technology to help advertisers scale their marketing campaigns and use data-fuelled automation to drive sales online and in-store. With offices in the U.S., Ireland and the UK, StitcherAds maintains three separate legal entities in each of these locations.
When Fiona McKenna joined the business in July 2019 to lead the finance team, she quickly realised that their Quickbooks accounting system had major shortfalls in terms of accurate reporting, with significant challenges around foreign currencies and consolidation.
Fiona explains “The key requirements were: a simple system navigable by non-accountants, capable of rapid deployment, and Cloud-based with multi-user capabilities, consolidation, and ability to scale as the business grows.”
StitcherAds has ambitious growth plans and we need to be able to slot in new entities. I compared three systems and AccountsIQ proved the best solution to meet our needs now and in the future.”
Fiona managed the implementation of AccountsIQ within the StitcherAds finance team, with support from AccountsIQ who advised how to setup the accounting system from scratch. The whole process took about four weeks. “I found the AccountsIQ team incredibly flexible in terms of helping us with the implementation. We got great value from the service,” said Fiona.
Consolidation was critical for StitcherAds which previously used spreadsheets to manage the accounts across three legal entities. This was cumbersome to maintain and invariably led to inaccuracies in reporting. AccountsIQ made consolidation simple.
The consolidation functionality in AccountsIQ is excellent,” says Fiona. “It’s a very good solution for our stage of development and our budget.”
Find out how AccountsIQ can help you with your accounting, consolidation and reporting needs, call us on +44 (0)203 598 7350 or Contact us.
AccountsIQ has an easy-to use interface, navigation and smart query tools that are intuitive to use, even for non-accountants.
You don’t need to be an accountant to use AccountsIQ. It’s quite intuitive, the reports are very good and very reliable,” says Fiona. “It’s nice and simple to use; I don’t have to do lots of tidy ups. This is quite unusual for a platform of this kind. No manual intervention is required.”
Fiona and her team also benefit from better insights and improved visibility into the organisation assisted by AccountsIQ’s Cloud-based business analysis features and pre-configured reports. “I can log in remotely and only have to look in two places to know exactly where we’re at. In terms of business information, it’s been an absolute godsend,” says Fiona.
The move to AccountsIQ radically streamlined and simplified the accounting process across all of StitcherAds’ entities. This not only enabled more accurate reporting, but also saved a significant amount of time.
We have a much faster month-end close, shaving 15 days off typically. We’re now closing on day 10, when we used to close the books around the 25th. Previously this was unheard of in the business. Now that we have a simpler system to use, we now have more time to dedicate to more strategic work.”
StitcherAds demonstrates AccountsIQ’s suitability for smaller businesses with big growth plans. In particular, AccountsIQ is an affordable accounting solution that can grow with the business.
AccountsIQ is a high standard of product at the right budget for a medium-sized company. As a smaller business it’s tempting to go with a simpler solution such as QuickBooks or Xero, but these platforms don’t scale as well as AccountsIQ. With excellent tools for consolidation and custom reporting, AccountsIQ offers a more robust accounting solution that can quickly adapt to the changing needs of a fast growing business like ours, while still remaining very affordable.”
