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Award-winning cloud accounting software for multi-company businesses.

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Seeking a Sage, Xero or QuickBooks alternative?

22nd Jun 2022
Brought to you by
AccountsIQ logo

Award-winning cloud accounting software for multi-company businesses.

Share this content

Are you outgrowing your first Cloud accounting product? Your business model could be complex and you need full visibility; maybe your transaction volumes are substantial or there is a great deal of work involved with multicurrency FX transactions and complex consolidation, all of which mean it takes too long to get a full picture of your group finances.

AccountsIQ's award-winning cloud accounting software is a mid-market alternative to Sage, Quickbooks and Xero and is particularly suited for medium-sized organisations. It is the ideal accounting software for those needing multi-dimensional analysis capability, multicurrency consolidation or group/multi-location accounting. 

Flexible General Ledger

If your business sets up a subsidiary, or merges with another company or you need to report on things in a different way, you’ll need to amend your chart of accounts to reflect the changes so that you can produce newly customised reports.

With AccountsIQ, there’s a very flexible general ledger, which allows you to amend your chart of accounts and reclassify GL codes to different categories. You will save significant time if your reporting requirements change, because there’ll be absolutely no need for complex workarounds or manually editing your reports in Excel once they are produced.

Consolidation capability

Consolidation is a really important function if your company consists of multiple entities. AccountsIQ's consolidation functionality covers the full General Ledger; including full sales, purchases and analysis consolidation. Multi-currency transactions and your coding structure can be easily managed at a group level and intercompany recharging can be handled with ease. Take a look at AccountsIQ's core cloud accounting financials.

Period Management 

AccountsIQ makes it simple to go back and work on something from the previous financial year. AccountsIQ is a transaction-based system with full period management that includes FX revaluation functionality for both month and year end. You can keep periods and years critical to a previous year open and still allow your finance function to move forward to its new reporting year.

Real-time reporting to encourage collaboration

AccountsIQ features unique modules that facilitate engagement with other users in the system in real time. For example, office staff can raise a PO using the finance system; while department heads can see where they stand with their budget in real time.

Our recent case study, Camile Thai restaurant franchise group head office finance team are enjoying the benefits of using AccountsIQ. “Our business model is complex,” says Maurice. “But AccountsIQ gives us full visibility.”

Camile Thai’s finance team uses the multi-dimensional reporting to drill down to a full P&L for each restaurant and to produce consolidated monthly reports for their management team. “AccountsIQ is a big timesaver at month end,” says Maurice. “It’s much easier than doing consolidation in Excel; it’s more user friendly and we have fewer errors. The user-friendly FX functionality is also important now that we’re growing fast in the UK.”

AccountsIQ has an open API which means it can be easily integrated with other cloud apps including online banking, expense management software and OCR technology plus it can  be itnegrated with custom applications.

Discover AccountsIQ's integrated accounting software.

Onboarding and Customer service

AccountsIQ's knowledgeable customer service is included as standard, from implementation to training and ongoing support. We want you to get the best out of our software and use as much of the functionality as possible. 

Contact AccountsIQ on (0)203 598 7350 for a chat about your requirements or email us at [email protected] or request a callback from Sales.

Experience AccountsIQ for yourself

We run frequent accounting webinars in which you can get a high-level overview of our accounting software, plus the benefits of using our seamlessly-integrated add on services:

Coffee Break Demo of AccountsIQ - discover all the main benefits in 30 mins - 

Replay Demo recording

Implementing a New Finance System Webinar  - Invaluable for those planning their finance system change project

Watch Recording

If you’re needing to move quickly off Sage 200, or QuickBooks Desktop now that they are being discontinued, or you need to move to a bigger, more powerful Cloud financial management system quickly, book a call below. 

Book your 1:1 consultation/demo