Gearing up for growth with a mid-tier accounting system

5th Aug 2020
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It can be difficult to strike the right balance between the budget software options available and the expensive, powerful solutions employed by big multinationals. When it comes to accounting software, the benefits of upgrading from a basic system are clear; and today’s reasonably priced mid-market accounting systems can offer the sophisticated insights you need to grow your business.

Ensure scalable growth

Stay ahead of the curve with software that adapts to your needs. Instead of working around the quirks of your computer system, you’ll save so much time each month with accounting software that’s built to support your business.

By installing a future-proof, Cloud-based accounting application you can be confident that your new-found efficiency stays with you in the years to come. Powerful features like easy integration with other software will help you to streamline your business processes, while automated consolidation will improve efficiency if and when you expand overseas or acquire subsidiaries.

The right mid-market accounting software will support you as you grow, catering to your changing needs with easy-to-implement additional modules, such as a Fixed Asset Register, Workflow Approval and Expenses App, as well as OCR technology, which can all be added to your system as and when you need them.

Be confident in your data

Can you trust the data at your fingertips? In small and medium-sized enterprises, data collation is often a haphazard process, with discrepancies in reporting from one department to another. The value of this data is limited if stakeholders and decision makers cannot be confident in its accuracy.

This was illustrated all too well in the case of Getech, a natural resource company whose finance reports were unreliable. Before implementing AccountsIQ, Getech’s month end process involved exporting data from four accounting systems into Excel for manipulation. However, if there was an inconsistency, it was necessary to go back through four sets of data. Getech now benefit from dynamic data and are able to drill down into the data, solve the query, and re-run the report accurately. 

If data inaccuracy problems sound familiar, implementing a unified finance system, together with clearly defined working processes, will give you accurate and sophisticated reporting that you can trust. With confidence in your business intelligence, you can plan your growth strategy based on solid and reliable data.

Get greater insight, in real time

The advanced reporting functionality that comes as standard with finance systems like AccountsIQ offers detailed, real-time business intelligence at the touch of a button. With the ability to drill down and segment your data into customised reports, you can easily visualise your business performance at any given time. You can compare the latest performance data with that of previous months, to monitor progress.

With a deeper insight into every aspect of your performance, your analytics will equip you to make informed and strategic decisions about the future of your business.

Are you ready to take the next step in growing your business? Find out more about the advanced functionality of our powerful, Cloud accounting software, or request a demo to see it in action.

What do our clients think?

We help a wide variety of companies fix their finance pain points from consolidated reporting to integrating systems to gain real time analytics and KPIs across the entire business.

Consolidation and multicurrency reporting

With AccountsIQ the accounting can be as simple or as complex as you need, new entities are easy to add as the business grows, yet it tackles some heavyweight processes like consolidation and multi-currency reporting with ease.” Marcus Karia, Group Financial Controller, Arix Bioscience

Read the Arix Bioscience case study

Business intelligence

At present we use AccountsIQ’s Excel Add In for producing a Board report. We have a suite of reports which all appear beautifully when you click a button. It was an extremely useful feature which kept things running smoothly when we first implemented the software. Now we are starting to explore the BI capabilities inbuilt in the software itself.” Paul Kehoe, Finance Director, Linesight.

Read the Linesight case study

System integration

AccountsIQ has integrated with a number of our clients’ other systems which allows us to create fantastic reporting information. Some of the functionality in AccountsIQ itself is really quite sophisticated such as the use of Purchase Order Processing and Sales Order Processing.” Tony Price, My Financepartner (PwC)

Read the PwC case study 

Reporting

AccountsIQ’s customer success team has helped us define dashboard reports which provide financial analysis in a very consumable way, allowing us to quickly identify areas in which we need to take action.” Nicholas Treanor, Financial Controller, Hibernia REIT

Read the Hibernia REIT case study 

Flexibility and usability

The big difference for me is in the flexibility of AccountsIQ and the ease at which you can access information.  I can produce data on my screen at a management meeting which helps to answer questions and solve problems. Integrating best of breed solutions in the Cloud was the right way for us to go; our old system couldn’t change quickly enough and wasn’t sustainable long-term. Our new, integrated model gives us a level of efficiency we have not previously been able to achieve.” Sinead Brennan, Financial Controller, Kefron

Read the Kefron case study 

Seamless implementation

We’ve got a fantastic product and the implementation team has been very good, particularly with our management accounting project.  My mantra is ‘making finance valued and valuable’. With AccountsIQ, and a great team here at HCT, we are making that happen.” Charlie Inigo-Jones, Hampshire Cultural Trust

Read the Hampshire Cultural Trust case study 

Get in touch

Contact us for a chat about how we can help your business on +44 (0) 203 598 7350 or email [email protected] or simply Request a Quote.

See AccountsIQ in action - join our webinar demo

AccountsIQ Wins Enterprise Accounting Software of the Year badgeOn Thursday 27nd August, we are running a Webinar Demo of AccountsIQ's award-winning Cloud accounting platform. This 30min demo will give you a high-level overview of the powerful features, designed for mid-size businesses and with accounting, consolidation and reporting all in one powerful platform:

  • AccountsIQ’s intuitive browser
  • Deeper insights with dimensional analysis in the General Ledger
  • Drilldown to transactions in GL
  • Journaling, cost and prepay journals
  • Approval workflow
  • FX revaluation
  • Automated consolidation
  • Cashflow forecasting tool
  • Bank reconciliation
  • Reporting dashboards and Excel Add-in

Time: 11am BST

Reserve your place