Cloud accounting pioneers
Background & Story
Tony Connolly's vision was to create Cloud Financial Management Software (FMS) to help company directors transform the way they run and grow their business. This pioneering move gave AccountsIQ the edge in what was soon to be a fast-changing growth market. Traditional software vendors raced to adapt their on-premise applications to accommodate their Cloud ambitions, while other new entrants scrambled to catch up.
How it all began at AccountsIQ
“AccountsIQ has grown from a start-up to a leading accountancy SaaS provider that employs over 80 people and supports 4,000 businesses worldwide.” Learn more about how it all began.
The early days of Cloud computing
We launched the AIQ product in 2008, after the equivalent of 40 developer years. The AIQ software was designed by accountants and built by the original generation of Cloud developers. Its architecture was key to AccountsIQ’s success. Built only for the Cloud, AIQs flexibility and speed of deployment left traditional accounting software vendors behind. Many tried to adapt their cumbersome legacy systems for the Cloud. Others joined the race late, or not at all.
Supporting a community of accountants
AIQ supports 4,000 companies in over 60 countries worldwide. Customer success has always been at the heart of our business, with our forward-thinking customer community driving product development. Our product is always evolving, with upgrades are available to all customers and deployed centrally across our securely hosted servers.
We are firmly rooted in the global SME space. AIQ is widely recognised as an application that offers superior functionality at an affordable operational cost. Its unique way of handling consolidation makes AIQ a popular choice for growing and multi-entity businesses.
Over 4,000 companies use AccountsIQ
Customers include:
- Publishing groups, such as 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
- Accountancy practices, including PwC, Grant Thornton, and Mazars.
Accelerating growth
Just like our customers, we don’t stand still. In February 2021, AccountsIQ raised €5.8M from Finch Capital to accelerate the growth of our cloud accounting platform for multi-entity businesses.
“In today’s dispersed world, AccountsIQ's focus on serving businesses that are growing locally and internationally has never been more relevant. As investors in companies that are shaping the future of finance, we are excited to back this established executive team and award-winning product. We look forward to supporting AccountsIQ through its ambitious plans for rapid growth and expansion.”
Aman Ghei, partner at Finch Capital
AccountsIQ
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