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AccountsIQ is a cloud-based accounting software designed to streamline financial management processes for businesses and accounting firms worldwide. It offers a comprehensive suite of tools that automate key accounting tasks, including accounts payable automation, journal entry automation, and reconciliations. The platform provides an audit trail and payment processing capabilities, ensuring transparency and efficiency in financial operations.

Key features of AccountsIQ include automated reconciliations, which match transactions from source systems and apply variable matching and grouping rules to reduce manual effort. Additionally, the software supports group accounting and business intelligence tools, facilitating digital transformation and informed decision-making. With its robust capabilities, AccountsIQ helps finance teams manage complex financial data more effectively, improving accuracy and reducing the time spent on manual processes.

Recently, AccountsIQ has expanded its capabilities through the acquisition of ExpenseIn, an expense management platform. This integration enhances AccountsIQ's offerings by adding features such as OCR receipt scanning, automated policy compliance, and real-time reporting. These advancements enable finance teams to streamline workflows, improve efficiency, and ensure compliance while managing expenses and financial data seamlessly.

AccountsIQ's award-winning mid-market cloud accounting software is used by 4,000 companies worldwide and accountancy practices such as PwC, BDO and Grant Thornton. AccountsIQ simplifies how finance functions capture, process and report the results of multiple location businesses. Built for the cloud, AccountsIQ is ideal for dynamic businesses that are growing locally or internationally, via subsidiaries, acquisition or through a franchising model, enabling anytime-anywhere processing, while allowing easy central control and consolidated reporting of results. Its unique consolidation engine, along with its ability to integrate with other applications, makes it easy to scale. Features at a glance: - Powerful 3 level GL structure - Multi-dimensional analysis (report up to 6 dimensions e.g. dept, sector, project etc) - Drill-down to transaction level - Feature-rich Journal Manager, Accounts Receivable & Accounts Payable - Full consolidation for Groups and Entities - Full accounts receivable & accounts payable consolidated sales & purchases - Fixed Asset Register - Accounts payable automation - Intercompany transactions, recharges & multicurrency accounting - Digital workflow approval with mobile app - Suite of 250 reports with editable parameters - Management report packs & dashboards Compliance - Making Tax Digital: including group VAT returns - Full user profiling & audit trail by user - Secure payments - Period management Digitally Connected - Statement feed and auto reconciliation - Open API - Automated batch payment with approval - Excel Add-In & Power BI connections for customised analysis

Categories:

Business

Accounting Software

Nonprofit Accounting Software

Website: accountsiq.com

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AccountsIQ

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