Essential accounting software features to consider

10th Mar 2021
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These are the performance, features and functionality that you should be looking out for when you’re considering cloud accounting software:

Features and functionality. Can it consolidate monthly accounts from multiple entities and in different currencies, without the need for fiddly workarounds? Will you need to design your working processes around the software, or will it work for you? Will it save you time and effort?

Scalability. Is your chosen accounting solution flexible enough to grow with your requirements, with extra modules that you can add as and when you need them? Can it integrate with other best-of-breed cloud apps to give you the efficiencies your business needs? This is really important if you plan to grow your company in the next 5 years.

Easy to implement. How will the process work? Will you get full support during implementation?

Affordability. Is it good value for money? Will your accounting system save you time and money by automating routine tasks? Will you benefit from free 24/7 IT support?

Award-winning cloud accounting software from AccountsIQ

Awarded Mid-Market and Enterprise Accounting Software of the Year for two years running, AccountsIQ is the perfect solution for growing businesses. The voting for the Accounting Excellence Awards is done by actual users of the product, and these award wins reflect the satisfaction of our client base with an accounting product that’s designed for their needs.

Put simply, AccountsIQ's award-winning financial management system simplifies how finance functions capture, process and report the results of multiple location businesses.

Built for the cloud, AccountsIQ is ideal for dynamic businesses that are growing locally or internationally, via subsidiaries, acquisition or through a franchising model, enabling anytime-anywhere processing, while allowing easy central control and consolidated reporting of results. Its unique consolidation engine, along with its ability to integrate with other applications, makes it easy to scale.

Here are some of the features that make our product stand out from the rest:

Multi entity accounting. You can manage your group companies and handle consolidation with ease.

Superior reporting capability, with advanced analytics that let you drill down to find the exact data you need.

Advanced functionality, with a powerful, flexible general ledger, additional modules such as workflow approval, an expense capture mobile app and an integrated fixed asset register.

Superior user experience and interface, with graphic visualisations that provide an instant snapshot of real-time figures. You don't have to be an accountant to use our software.

Affordable accounting software that’s a good fit for a range of mid-size companies, of different sizes and sectors.

Listen to our COO, Darren Cran explain the benefits of moving to a modern-day cloud financial management software solution.

Watch video overview of AccountsIQ

Read more about the key cloud accounting features of AccountsIQ, see our Pricing Plans and contact us to request a 1:1 demo.

Download our guide, Outgrowing your Accounting Software, Planning your journey to Digital Transformation or Scoping and implementing a New Finance System - we also have other accounting resources that you might find helpful.

Webinar - Consolidation, Multicurrency, Intercompany Recharging, 25th March 11am GMT

Is it time to review how you consolidate your group accounts and produce your management reports? Is the process laborious, prone to errors and involve lots of spreadsheet work?

Join our Live Webinar and see how you can save as much as a week a month like customer Salamanca Group who after switching from Sage 50 to AccountsIQ instead of spending a week each month producing consolidated accounts and management reporting packs using a complex process run from spreadsheets, now manage to do this in just 5 minutes.

Reserve your place here