Company: AccountsIQ
CEO: Darren Cran
Website: https://www.accountsiq.com/
About AccountsIQ
AccountsIQ is transforming how finance teams move away from outdated technology to drive business expansion. Its award-winning cloud accounting platform is designed specifically to meet the needs of mid-market businesses, saving finance directors up to a week every month through automated consolidation, reporting and seamless integrations.
Founded in 2008 by Tony Connolly, AccountsIQ launched with the vision to provide a cloud-native Financial Management System (FMS) that would enable company directors to modernise and grow their businesses. Traditional software vendors struggled to adapt their legacy systems for the cloud, while AccountsIQ’s architecture was purpose-built to leverage cloud flexibility and rapid deployment from the start.
The platform consolidates accounting records, automates processes and provides real-time analytics that transforms the way finance departments operate. Automated features like bank reconciliation, intercompany transactions and revenue recognition eliminate days of manual work each month. Automated multi-entity consolidation effectively tackles a long-standing challenge for finance teams, freeing group accountants from the inefficiencies of outdated processes. This innovation allows companies to perform consolidations with a single click, quickly and accurately collating all subsidiary information.
AccountsIQ recently completed a Series C investment round, raising €60 million to continue developing its product and integrating advanced AI capabilities. The funding will accelerate AccountsIQ’s growth trajectory, enabling the company to double its team to over 200+ employees and enhance its position as a leading international FMS provider. The investment also supports the company’s commitment to reshaping the finance function of the future.
AccountsIQ’s commitment to customer satisfaction is reflected in its award-winning service and consistent industry recognition. Alongside being listed in the Deloitte Fast 50 for Ireland in 2024, the company was recognised with the Silver prize for “Best Digital Transformation Journey” at the 2023 UK Customer Experience Awards. This accolade, alongside other recent wins such as “Supplier of the Year” (2024) and “Outstanding Contribution to the Accountancy Profession” (2024), underscores the importance AccountsIQ places on customer feedback, which directly shapes its product roadmap. Key innovations like custom drill-down reporting and embedded global payments were developed in response to user needs.
A key differentiator is AccountsIQ’s comprehensive Partner Programme and Partner Hub portal, which significantly enhance support for Accountant Partners. Chartered accounting firm MBSL is a prime example of this benefit. After evaluating numerous cloud products like Sage and Xero, MBSL chose AccountsIQ for its ability to offer a partnership approach. By transitioning to AccountsIQ’s platform, MBSL was able to eliminate data processing delays and enhance its service delivery. Now, the firm works seamlessly with over 40 clients, sharing access to live information on the cloud.
Today, AccountsIQ is trusted by over 20,000 users across 6,000 entities in more than 80 countries. Renowned organisations such as PwC, Linesight and Web Summit rely on its robust platform to streamline their financial operations. The software’s one-click multi-entity consolidation, instant reporting and custom dashboards provide unparalleled financial visibility and control. By bridging the gap between basic accounting tools and complex enterprise ERPs, it enables businesses to manage their finances with ease and precision.
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