Essential accounting software features to look for

20th May 2020
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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

Recently named Mid-Market and Enterprise Accounting Software of the Year for the second year 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 the win reflects the satisfaction of our client base with an accounting product that’s designed for their needs.

AccountsIQ's award-winning financial management software 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
  • Affordable software that’s a good fit for a range of mid-size companies, of different sizes and sectors

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

AccountsIQ video

Watch video overview of AccountsIQ

Read more about the cloud-based accounting software features of AccountsIQ, 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 Demo of AccountsIQ, 27th May 11am BST

If you are looking to change accounting software, register for our Webinar where we will provide an overview of AccountsIQ's accounting and consolidation software, designed to meet the needs of businesses with multiple subsidiaries. 

Reserve your place here