Company: AccountsIQ
Chairman and CTO: Tony Connolly, Gavin McGahey
Website: https://www.accountsiq.com/
About AccountsIQ
AccountsIQ was founded in Dublin in 2004 and officially launched in 2008 to provide mid-market businesses with a finance software alternative they had been lacking – one that delivered enterprise-grade capabilities without ERP-level complexity or cost. With offices in Dublin and London, the company delivers cloud-based accounting software for mid-market and growing organisations that have outgrown entry-level systems like Xero or Sage 50 but do not require traditional ERP solutions.
In 2024, AccountsIQ secured one of Ireland’s largest fintech investments – a €60 million Series C round led by Axiom Equity. This funding accelerated product development, particularly in AI integration, and enabled strategic expansion. In early 2025, the company acquired UK-based ExpenseIn, broadening its product suite and creating a combined user base of over 175,000 users across 40 countries. The AccountsIQ Group, comprising both AccountsIQ and ExpenseIn, now employs over 170 employees across the UK, Ireland and globally.
Today, AccountsIQ serves over 35,000 users across 6,000 entities in more than 85 countries. Its client base includes notable organisations such as PwC, Five Guys, The Irish Times, Nuritas, and Camile Thai. The platform is designed to streamline core financial processes, automate consolidation across multiple entities, and deliver next-level business intelligence.
The platform now delivers over 250 pre-built reports, role-based dashboards, and custom BI capabilities. Its standout feature remains rapid implementation – up to five times faster than competitors. This speed-to-value approach directly addresses the implementation nightmare many businesses face with traditional ERP systems.
AccountsIQ has fundamentally impacted how mid-market finance teams operate. The company introduced digital transformation without the typical ERP pain – no year-long implementations, no paying for unused features, and no need for armies of consultants. Its seamless integrations with platforms like Salesforce, Stripe, and Lightyear create cohesive finance ecosystems that work. New product updates in 2024-25 include a refreshed User Interface to improve ease of use and the introduction of non-financial metrics reporting to increase overall business performance.
The numbers validate this approach: 97% customer retention and 94% customer satisfaction rates. AccountsIQ has also been recognised by a number of award nominations and has been named in Deloitte Ireland’s Technology Fast 50 ten times, including a top 30 placement in 2024.
Additionally, the company’s impact extends beyond commercial success. AccountsIQ supports charities, non-profit organisations and sporting bodies as well as businesses across multiple sectors including Tech, Finance, Energy, Recruitment and Hospitality. The company has also worked on several activities to boost its market and brand awareness, announcing itself as the official insights partner for Triathlon Ireland and the official data and insights partner for Harlequins Rugby in 2025.
Recent innovations including embedded AI tools, workflow approval engines, and advanced consolidation features continue to push boundaries. But AccountsIQ’s lasting impact is simpler: proving that mid-market businesses deserve purpose-built solutions that respect their need for more functionality without drowning them in complexity or hitting them with spiralling costs. In an industry dominated by extremes, AccountsIQ carved out and now defines the golden middle ground of financial and accounting software.
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