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Continuum Commerce adopts AccountsIQ for real time management information

27th Apr 2018
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Award-winning cloud accounting software for multi-company businesses.

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At Continuum, they evaluated many alternatives and found AccountsIQ offered the most compelling solution. Its reporting capability and especially its Digital Dashboard has proven to be the 'killer app' for GCX.

The challenge

Continuum Commerce was founded in 2000 (formerly known as GCX – Global Currency Exchange) as an independent online payments solution provider. Based in Ireland, Continuum also has operations in the rest of Europe and the Asia-pacific region and its management team spends much of its time abroad.

Remote board meetings and management updates were previously handled by sending spreadsheets by fax or email and therefore the information was often out of date and decisions were being made based on inaccurate information.

Gerard O’Brien, the CFO of Continuum Commerce said “We evaluated many alternatives and found AccountsIQ offered the most compelling solution. While it provided all the functionality we needed and is available over the web at any time, its reporting capability and especially its Digital Dashboard has proven to be the ‘killer app’ for GCX.

“There is a wealth of standard reports, and I was able to customise a couple of key reports that I use on a daily basis. The senior team can log on at any time to review our performance metrics. It has really streamlined our business planning and measurement.”

The solution

Continuum Commerce adopted AccountsIQ for all its financial requirements consisting of:

  • AccountsIQ online accounting platform
  • Full multi-currency processing throughout
  • Integration with Continuum’s billing engine
  • Customised management information dashboards with specific KPIs

Results

O’Brien told us about the advantages of AccountsIQ’s value for money with no upfront capital cost. They find that reporting is a key strength and the digital dashboard capability significantly improved the management reporting information.

Additionally, with AccountsIQ’s open API, it was easy to integrate Continuum’s billing engine directly to AccountsIQ which has streamlined their processes and brought considerable efficiency advantages.

 “I would have no hesitation in recommending AccountsIQ to anyone that conducts business in multiple locations. It can significantly simplify your management reporting process, while at the same time significantly improving its output. The Software-as-a-Service (SaaS) pricing means we have a full accounting and business analysis system for a fraction of what I would have expected to pay to implement an on-premise solution,” said Continuum Commerce CEO Eamonn O’Shea.

Learn more about AccountsIQ’s smarter cloud accounting software or download our Group Finance Reporting guide helping you overcome the challenges of reporting.

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