Charity Cloud Accounting Software:

AccountsIQ is the ideal Cloud Accounting System for Charities…

The AccountsIQ Cloud Accounting system will bring huge productivity gains to your charity in terms of its accounting and reporting responsibilities.  We have in-depth experience in helping charities correctly implement an accounting solution that suits the specific requirements of the sector.  Our system is designed and built by accountants with a core focus on Productivity, Analysis, Consolidation and Reporting functionality.

Our friendly and reliable Implementation and Support team will help you to navigate the powerful flexibility and extensive features of the AccountsIQ system to design and implement a system that is exactly suited to your needs. Our implementation managers all have experience in accountancy with particular relevance to the Not for Profit sector. You will also have your own dedicated account manager going forward to ensure you get a first class level of service at all times.

AccountsIQ Charity specific functionality:

The Team at AccountsIQ have experience in designing and implementing Cloud Accountancy systems for charities that cater fully to the requirements of SORP, including separation of funds and SoFA reporting.  From small charities with low volumes of transactions and funds to large complicated international charities with hundreds of funds in numerous currencies, we can design a solution that will benefit you now and into the future, growing as your charity expands and grows further. Our software can create consolidated accounts with limitless reporting capabilities. We also have the most stringent of security arrangements in place for both our infrastructure and software protection as well as extensive User control and Auditing to safeguard against unauthorised use of the system.Charities 2 AccountsIQ functionality that is specifically relevant to the Charity sector includes:

    • UK Hosted data centres
    • Ability to handle SORP requirements of Separation of Funds
    • Consolidation of Fund Data with ability to drill down into individual funds
    • SoFA reporting compliance
    • User profiling for increased security across the user base
    • Income and Expenditure recognition capability
    • Workflow Approval procedures for Purchasing
    • Cost Allocation capability
    • Donated Goods and Services capability
    • Budget Accounting
    • Gift Aid reporting
    • VAT reporting
    • Multi-currency accounting
    • Customised reporting
    • Executive real-time Dashboards
    • Integration capabilities with any system (including salesforce and websites)

More about our functionality can be found here

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The Benefits of Cloud Accounting for Charities:

Cloud accounting has numerous benefits for all types of organisations including:

  • Access anywhere 24-7 enabling flexible work practices
  • Particularly suited to Multi-Location Businesses
  • Infrastructure Management included (No need for full or part-time personnel)
  • Full Software and Hardware Maintenance included
  • Private Database for each AccountsIQ Client Company (unique to accountsIQ)
  • Unlimited Storage and Computing Power
  • Safety Backups automatically provided (every hour and every day)
  • Extensive Security & Protection
  • Document Management and paperless offices
  • Ability to control individual User access and Permissions
  • Support & Help Desk included
  • Automatic updates of Application Software
  • Low fixed Monthly cost
  • No Archive & Off-site Storage required
  • No disaster recovery requirements
  • No version/licence issues or costs
Easily produce reports and SoFA customised for your charity showing consolidated accounts with a drilldown capability to individual fund level and even transaction level:Charities 3
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Cloud Security for Charities:

We understand the security regulations faced by charities in the UK and employ the highest level of Cloud security possible. All our services are hosted in UK Datacentres, complying fully with UK data protection requirements, and have the highest security standards (being SSAE16 compliant and Tier IV Datacentres). The truth about Cloud security is that it offers a level of security that cannot be achieved without the benefits of the Economies of Scale achieved in the Cloud. For more information on our security details please click here.

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AccountsIQ uses the Software as a Service (SaaS) commercial model whereby all operational Client services are provided for a single low monthly usage Fee. This includes provision of all the required Server Processing and Storage infrastructure hosted in the highest security Tier IV Datacentres, all Databases, Application Software and Upgrades, Application Support, Infrastructure Management, Backups, Security patches, 24/7 operation with access from anywhere in the world and with 99.98% uptime. The infrastructure and service is completely scalable and can be expanded as your Charity operation continues to grow.

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Some of our Charity Clients:

With over 50 charity clients currently on the system, ranging from very small charities to large multi-national charities, discover how accountsIQ can help your charity.

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“We are impressed with the reporting capabilities of accountsIQ, and with the support we got from the accountsIQ team in implementing the new system.

A cloud solution makes so much sense for a multi-location business like ours. We now have a strong foundation on which to manage and grow our operations and develop our franchise model, while maintaining tight control .”

Barry Kehoe, Chief Financial Officer of Insomnia

“As part of our strategy as outsourced accounting providers, we realised that moving to the cloud to service our client base was essential. AccountsIQ is now an integral part of our offering. Both staff and clients really enjoy using the software and it serves a very diverse range of clients both in terms of industry and scale across multiple jurisdictions.”

Gerry McNally – Owner of MBSL

Case Studies:

Case Study 1: Hampshire Cultural Trust implements accountsIQ across numerous sites

Case Study 2: Enclude and accountsIQ

Read some of our articles about Cloud Accounting for Charities:

An Introduction to the Cloud

A look at Cloud Security

Analysing the cost savings of Cloud Computing

Cloud Accounting: Radically changing the way we work

Download our Charity Cloud Accounting Brochure:

Cloud Accounting for Charities: Coping with the challenges of SORP

aIQ Charities

accountsIQ – Cloud Accounting for Charities

For more information, or to book a demonstration of the system, please contact us here.

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