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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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Zarion Software is a leading provider of Intelligent work management for the financial services sector. Impressed with AccountsIQ's flexible accounting framework, an “out-of-the-box” reporting structure, and a commitment to implementing the system in a way which would serve Zarion’s evolving needs, Ken decided to look no further when he came across AccountsIQ.
Zarion Software is a leading provider of Intelligent work management for the financial services sector. Based in Dublin, Zarion has customers all over the world and partners in the USA, Australia and the UK. As a fast-growing technology company that is centered around providing intelligent data about work and the workforce to Operational managers, Zarion helps its customers increase efficiency by eliminating manual processes and increase visibility and flexibility to enable a hybrid or distributed workforce Digital innovation is not only core to their customer offering, but also to how they approach their own internal processes. When Ken O’Flaherty joined Zarion as CFO and found that their existing accounting system was bogged down with inefficiencies, he knew something had to change.
Ken had to decide whether to resurrect a partially completed implementation or start from scratch with something new. Ken decided to take a fresh perspective and consider other alternatives. Impressed with a flexible accounting framework, an “out-of-the-box” reporting structure, and a commitment to implementing the system in a way which would serve Zarion’s evolving needs, Ken decided to look no further when he came across AccountsIQ.
As a CFO it’s my responsibility to produce the necessary information for decision making. Every business has its nuances and requirements that don’t come with an out-of-the-box solution. Once I started the discussion with AccountsIQ, I immediately felt comfortable with their offering and that they were the right partner for us. I really just wanted to get going with it, which we did, and it’s not a decision I regret.” – Ken O’Flaherty, CFO, Zarion
Once Ken made the decision to go with AccountsIQ, the system went live within six weeks. Built-in templates plus hands-on customer support made the process swift and straightforward.
AccountsIQ offers great support and good processes throughout implementation. It went through ahead of schedule and it was really easy. The upload templates around trial balance, historic data, and banking details were very intuitive. In terms of what we planned and what we budgeted for, we actually came out ahead.” – Ken O’Flaherty
As an SME, Zarion’s accounting needs were fairly straightforward with only a few intricacies requiring special attention. AccountsIQ benefits from an extremely flexible Business Intelligence (BI) coding structure and three tier General Ledger to accommodate these requirements. Larger vendors only seemed willing to provide Zarion with this extra level of customisation at a considerable cost.
Larger vendors don’t offer the same flexibility and level of customisation as AccountsIQ. Their message was: ‘this is not standard, this is going to be a complete workaround, this is going to cost you’… I didn’t get that with AccountsIQ. I wanted an accounting solution that could grow with us in terms of feature functionality and product roadmap. AccountsIQ gave me assurance that this would be the case and it’s proven to be the case.” – Ken O’Flaherty
A key requirement for Ken was that his accounting solution be truly “Cloud-first”, not Cloud as a bolt-on. Built in the Cloud, AccountsIQ enables access at all times from anywhere in the world. This includes workflow features and paperless document management that save time and make it easy to adapt to a remote working environment. Ken found particular benefits with AccountsIQ’s workflow approval processes and auditing.
AccountsIQ helped us accelerate our journey to a paperless system. Invoice and PO approvals are now paperless as standard. Where we’ve really seen a massive benefit is with remote auditing. The extraction of information is so much easier. This year we were able to close our audit in a week. AccountsIQ was fundamental in being able to do that. It’s a testament to the system.” – Ken O’Flaherty
AccountsIQ comes with over 250 pre-built reports to make it easier for financial departments to get going with the software, minimising the need for external data handling. These reports added further efficiencies to Ken’s workflow with the added benefit of mitigating errors.
AccountsIQ’s reporting is really good. With other systems you have to export data and manipulate it in Excel the way you want. Here I found the out-of-the-box reports in the Management Accounts pack reflects the typical needs of CFOs or FDs. Even data around analysis of cash and customers and FX, it does a lot of things very, very well and that saves a lot of headache and potential mistakes.” – Ken O’Flaherty
Cloud-based reporting features, paperless accounting, and time-saving benefits were all key in Ken’s decision to choose AccountsIQ. However, it was AccountsIQ’s focus on development, commitment to innovation, and personal attention that confirmed his decision.
When we went through the detailed needs assessment with AccountsIQ we got a lot of comfort that the system could do what we needed it to do. I also found that, where I had concerns, AccountsIQ was very clear and proactive in pursuing a solution. I wanted an accounting platform that could grow with us in terms of feature functionality and product roadmap. AccountsIQ gave me assurance that this would be the case and it’s proven to be the case.” – Ken O’Flaherty
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.
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Cyber security firm PortSwigger uses AccountsIQ's scalable accounting software and open API to integrate business systems and support their growth potential.
PortSwigger is a global leader in cyber security, creating cutting edge software and research to help individuals and organisations “secure the web”. The company launched in 2003 with its flagship security testing tool Burp Suite. Now in early 2021, with 52,000 customers and 13,000 enterprises using its products, PortSwigger has firmly established itself as a thought leader in web security and has ambitious growth plans.
These plans are what led the finance department to reconsider its existing accounting software, QuickBooks, which was already struggling to cope with the business’s growing volume of transactions as well as payroll for its 80 employees. And with plans to significantly expand its staff in the coming years, PortSwigger clearly needed an accounting system that could scale.
AccountsIQ not only offered the cloud accounting features that they needed at an affordable price, it also offered a compatible ethos and agile approach to software development that PortSwigger’s team could happily work with as they pursue their growth strategy.
PortSwigger has its own in-house tool “Swig Portal” for tracking sales data and software licence sales, built by their own team of engineers. A big challenge with QuickBooks was bringing together the data from these two disconnected systems to produce accurate reports. AccountsIQ has an open accounting API strategy which allows PortSwigger to integrate its own CRM with AccountsIQ, linking the two data sources and bringing their business intelligence onto one cohesive platform. Helen MacDonald, Finance Manager at PortSwigger, explains:
Helen Macdonald, Finance Manager, PortSwigger
The integration and the API are what we’ve really been happy with. We have developers in house who roll their eyes when you talk about the other larger accounting software vendors because they are so cumbersome. Our team found it really easy working with AccountsIQ to get it all up and running. That’s what really sold us.”
In addition to their own in-house CRM, the finance team is also benefiting from AccountsIQ’s ability to integrate with AutoEntry — an intelligent, automated add-on OCR solution which removes the need for manual data entry of invoices.
We’re the sort of company that looks to streamline and make internal processes more efficient. Previously, we were manually inputting invoices and uploading PDFs – which was slow and prone to inaccuracies,” said Helen.
AutoEntry was really easy to set up. AutoEntry captures and analyses all our invoices and it automatically posts this data to AccountsIQ. It took us about two days to get up and running and now we’re saving about half a day per month alone just on invoice processing. It makes auditing easier because we simply give the auditors a login and they can find everything they need.”
With income from a combination of individuals and enterprises, received via various payment methods and in a range of currencies (including Bitcoin), integration with the CRM is vital for streamlining income, and the three levels of BI codes PortSwigger is using in AccountsIQ allows the team to draw analysis in a combination of ways.
QuickBooks didn’t allow us to segment our reports across the business. So the BI codes within AccountsIQ are great. We now have three BI codes so we can report on each of the different levels,” said Helen.
She adds:
We’re growing quickly and wanted to make sure we had all the functionality in place so that once we’re larger, we could easily change our accounting system to adapt. There are plenty of features in AccountsIQ that we’re not using, but we know they’re there because the implementation team have explained how they will work for us in the future. We didn’t expect this level of engagement from a supplier.”
AccountsIQ prides itself in the level of support and attention that the accounting software implementation team provides to new users. Here PortSwigger’s team, meticulous and detail-oriented, found a supplier that took on board their specific challenges and came back with solutions to their nuanced accounting needs.
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.” – Helen MacDonald
AccountsIQ and PortSwigger have a few crucial things in common. Both are software companies aiming to differentiate through next level agility, pushing the boundaries, a great company culture, and an attitude of going beyond just the software to really solve their customers’ problems. These mutually-shared values have enabled PortSwigger’s finance operation to get up and running quickly with confidence that this solution will carry them into the future.
A challenge with taking on a new supplier, especially in software, is: are they going to be around in five years’ time? It feels like a gamble. But with AccountsIQ we have a well-established accounting package with a track record of excellence. What we appreciate with AccountsIQ is that, like us, they’re developing the software constantly. We’re really happy with the improvements we’ve seen so far – they’ve improved our business processes as a result. We haven’t bought software that will never change and we really appreciate that. We feel like we’re with the right partner.” – Helen MacDonald
