Work smarter with these accounting apps
Systems that can’t integrate belong firmly in the past. To futureproof your business, sooner or later you will need to upgrade to a cloud accounting platform with an open API that supports other accounting apps.
An open API means you can link systems up together so that they can easily share information with each other. There is a huge range of complementary technologies available, in the form of accounting apps which can:
- help you streamline processes
- relieve tedium for your finance staff
- give you more insight and real-time data for better decision making
WHICH APPS CAN BE INTEGRATED?
With an open API, there's really no limit. There’s a host of software that can all be integrated together for streamlined, efficient working processes.
Apps that can integrate with AccountsIQ's cloud financial management platform include:
- CRMs like Salesforce
- Point of sale (POS) apps like Opera
- Optical character recognition (OCR) tech apps like AutoEntry and Kefron
- Expense capture apps like Concur and Expensify – and AccountsIQ's own expenses app
- Industry-specific apps like Landmark
How can these integrations work for your business:
Integrating Salesforce CRM with your accounting system lets you create sales orders for the finance system based on closed opportunities within Salesforce. Payments taken via Salesforce can be passed across to your accounting software. The integration works both ways, allowing sales staff to access customer balances and statuses added by the finance team. Exchanging vital information between the front and the back office in this simple way creates consistent data and improved account management.
OCR tech apps
Optical character recognition will help you carry out digital transformation throughout your business. This technology works by scanning and recognising documents and automatically converting them into digital files – meaning that you can skip all that tedious and time-consuming data entry.
Integrating your system with an OCR tech app such as AutoEntry or Kefron will save time spent on manual processes and can speed up back office processes, capture data from paper documents and significantly reduce invoice processing costs.
Recording, claiming and reimbursing expenses can be a lengthy process. Expenses apps help you to manage expenses in your business, with useful features like:
- data capture (getting a digital image of a receipt straight into the database rather than paper)
- automated approval system, so managers are notified of outstanding expenses
- tagging expenses to a particular project
- fixed expense items (such as Subsistence Rate) that can be calculated automatically
- integration with the finance ledger and automated payment
AccountsIQ integrates with expenses apps like Concur, which is suitable for large enterprises who need a higher level of expense controls and have developed our own in-house expense capture app for mid-size businesses.
Some apps are designed especially for specific industries. For example, POS systems are built for restaurants and shops, while hotel management apps are designed for the hospitality industry. Because these apps are specifically built for your niche sector, they can help you to:
- carry out accurate, live sales analysis
- make better decisions
- improve profits
We helped business advisory firm French Duncan to serve their core clients in the hospitality industry by integrating Opera hotel management software with their AccountsIQ accounting software, connecting the booking system with the back-office accounts. Read French Duncan Case Study.
Property management company Hibernia REIT integrated Landmark property management software and the Kefron OCR app with AccountsIQ, saving time and streamlining their operations across the business. Read Hibernia REIT case study.
AccountsIQ understands the challenges of running a mid-size business. That’s why we’ve used our expertise to develop two apps designed to help you streamline your business processes, for greater efficiency and better insights. If you’re planning a digital transformation, or simply wish to save time and money for your business, find out more about our workflow approval app and expense approval app today.