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
With an open API, there's no limit to how many can be integrated with your core acocunting platform. There’s a host of software that can be integrated together for streamlined, efficient working processes.
Apps that can integrate with AccountsIQ's cloud financial management platform include:
- CRM systems like Salesforce
- Point of sale (POS) apps like Opera and Bleep
- Optical character recognition (OCR) tech apps like AutoEntry, Kefron and iCompleat
- Expense capture apps like Concur and Expensify – and AccountsIQ's own expenses app
- Industry-specific apps like Landmark
How can these app integrations work for your business?
Integrating Salesforce CRM with your accounting platform means you can 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.
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 cloud apps 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. We 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.
Property management company Hibernia REIT integrated Landmark property management software and the Kefron product with AccountsIQ, saving time and streamlining their operations across the business.
AccountsIQ understands the challenges of running a medium-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.
Reserve your place at our upcoming webinars
Next date Thurs 29th August 11am
If you're currently spending too much time consolidating your group accounts and it's a manual process (which can be prone to errors and involve lots of spreadsheet work), then join our Webinar and see how you can save as much as a week a month like customers, Getech and Apera Asset Management.
Next date Tues 24th Sept, 11am
This Webinar gives you a high-level look at AccountsIQ, award-winning financial management software designed to meet the needs of businesses with multiple subsidiaries. Combines Accounting, Consolidation and Business Intelligence – all in one unique, powerful solution. We'll give you an overview of our software, plus you'll be able to see how comprehensive our consolidation module is plus the journal manager, reporting & dashboards.
“I’ve spent 20 years in finance and AccountsIQ is by far the best solution I’ve come across. Hands down beats the major players and has more functionality at a cost effective price. wish I found this years ago.” Lee Camp, Group FD, Salamanca Group.
Next date Weds 11th Sept 11am
If you’re considering changing accounting software, join us for this webinar in which weshare our advice to ensure the transition is a big success, having helped thousands of customers make the switch from older technology and legacy systems.