A Pioneering Move

AccountsIQ Cloud accounting software was conceived in 2004 by Tony Connolly, a business graduate, qualified Chartered Accountant, post graduate in Information Technology and former Partner in an accountancy practice. Visualising the possibilities Cloud computing would offer businesses of the future, Tony’s vision was to create a Cloud accountancy application which would help company directors transform the way in which their businesses operate.

This pioneering move gave AccountsIQ a lead in what was soon to become a fast-changing market as traditional software vendors raced to adapt their on-premise applications to accommodate their Cloud ambitions while other new entrants scrambled to catch up.

This year we celebrated the 12-year anniversary of launching AccountsIQ. In that time, we have grown from a start-up to one that employs 50 people and supports 4,000 businesses worldwide.

Read Tony’s story of

The Early Days

After 40 man years in development, the product launched in 2008. The software had been designed by accountants and built by the original generation of Cloud developers. Its architecture was to be the key to AccountsIQ’s success. Built only for the Cloud, its flexibility and speed of deployment left traditional accounting software vendors behind, particularly those who opted to adapt their cumbersome legacy systems for the Cloud rather than join the race late, or not at all.

Over the Years

AccountsIQ supports 4,000 companies in over 85 countries worldwide. With customer success at the heart of the business, AccountsIQ’s customer community drives product development. Product upgrades are available to all, deployed centrally across AccountsIQ’s securely-hosted servers. It is an ever-evolving product with a fast-growing and forward-thinking client base.

Firmly rooted in the global SME space, AccountsIQ is widely recognised as an application which offers a higher level of functionality with a low level of operational cost. Its unique way of handling consolidation makes AccountsIQ a popular choice for growing and multi-entity businesses.

Headquartered in Dublin (Ireland) with offices in London (UK) and Melbourne (Australia).

Today

AccountsIQ raises €5.8M from Finch Capital to accelerate growth of its cloud accounting platform for multi-entity businesses.

Over 350 customers and 4,000 subsidiaries use AccountsIQ. Customers include publishing groups like Tindle Newspaper Group, The Irish Times and New Statesman Media; private equity and investment management companies such as Apera Capital, Salamanca Group and Pemberton Asset Management; technology companies such as Zarion Software, Getech and Asavie and accountancy practices including PwC, Grant Thornton and Mazars.