AccountsIQ
Accounting software
Nonprofit accounting software
Accounting & finance software
Nonprofit software
- Features
- Ease of use
- Ease of management
- Quality of support
- Affordability
- Market presence
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£250 per month
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What is AccountsIQ
AccountsIQ is a cloud-based accounting and finance platform focused on multi-entity financial management, consolidation, and reporting. It is used by finance teams in small to mid-sized organizations, including groups with multiple subsidiaries and nonprofits that need fund-style reporting and audit-ready controls. The product emphasizes configurable workflows (approvals, period close), dimensional analysis, and integrations with adjacent business systems. It is typically positioned for organizations that have outgrown entry-level bookkeeping tools but do not want a full ERP suite.
Multi-entity consolidation support
AccountsIQ supports multi-entity structures, including intercompany processing and group consolidation workflows. This is useful for organizations with subsidiaries, branches, or multiple legal entities that need consolidated financial statements. It reduces reliance on spreadsheet-based consolidation compared with simpler accounting tools.
Configurable reporting dimensions
The platform supports analysis across multiple dimensions (for example, department, project, cost center, or fund) to produce management reporting. This helps nonprofits and service organizations track restricted/unrestricted activity and program costs without maintaining separate ledgers. Dimensional reporting can also simplify budgeting and variance analysis across teams.
Workflow and controls features
AccountsIQ includes configurable approval workflows and controls that support purchase-to-pay and period-end processes. These features help standardize how transactions are reviewed and posted, which can improve auditability. For finance teams, built-in controls can reduce manual follow-ups compared with tools that rely mainly on email and spreadsheets.
Not a full ERP suite
AccountsIQ focuses on finance and accounting rather than end-to-end operational modules. Organizations needing native manufacturing, advanced inventory, or complex order management may require additional systems and integrations. This can increase implementation scope compared with platforms that provide broader ERP functionality in one product.
Integration effort varies
While AccountsIQ supports integrations, the depth and ease of integration depend on the connected applications and the organization’s data model. Some integrations may require third-party middleware or custom work to align dimensions, entities, and approval flows. This can add ongoing administration effort for finance and IT teams.
May exceed needs for small teams
The product’s multi-entity, workflow, and reporting capabilities can be more than what very small organizations require. Teams with straightforward single-entity bookkeeping may find the setup and governance features heavier than simpler accounting products. Total cost and implementation time can be less attractive for basic use cases.
Plan & Pricing
| Plan | Price | Key features & notes |
|---|---|---|
| Core | From €275 per month / From £250 per month | Essential finance controls: Accounts Receivable, Accounts Payable, VAT with MTD, Bank Feeds with Auto Reconciliation, E‑Payments, Multi‑Currency, Three‑Level GL, Two‑Dimensional BI Analysis, Journal Manager, Budgeting, Reporting & Dashboards, Excel integration, Document Manager, Workflow Approval (one step), Expense Capture, Mobile App, AIQ Academy. Includes 1 Entity and 2 Users. |
| Growth | From €650 per month / From £600 per month | Everything in Core plus: Personal Account Manager, Purchase Order Processing, Sales Order Processing, Approval Workflow (unlimited steps), Fixed Asset Register, Excel & Power BI connector, BI Analysis up to 4 dimensions, Sandbox database, API access (self‑integrate), PO email automation, Transaction importer. |
| Scale | From €650 per month (EUR) / From POA (GBP) | Everything in Core & Growth plus: BI Analysis up to 6 dimensions, Custom Integration, Non‑financial metrics, API access (AIQ‑managed integration), advanced reporting and higher transaction capacity. Page shows 1 Entity and 6 Users for Scale; GBP price indicated as POA (price on application). |
Seller details
AccountsIQ Limited
Dublin, Ireland
2008
Private
https://www.accountsiq.com/
https://x.com/AccountsIQ
https://www.linkedin.com/company/accountsiq/
