# Page 2 | AccountsIQ Reviews 2026. Verified Reviews, Pros & Cons | Capterra > Page 2 - Is AccountsIQ the right Accounting solution for you? Explore 44 verified user reviews from people in industries like yours to make a confident choice. Source: https://www.capterra.com/p/126903/accountsIQ/reviews --- AccountsIQ 4.6 (44) [View alternatives](https://www.capterra.com/p/126903/accountsIQ/alternatives/) Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Learn more](https://www.capterra.com/our-story/) * * * Last updated March 13th, 2026 # Page 2 - Reviews of AccountsIQ ## Showing most helpful reviews Showing 26-44 of 44 Reviews Sort by: Most Helpful Rating Company Size Reviewer's Role Length of Use Frequency of Use LO Lorraine O. Group Financial Controller Computer Software Used the software for: 1-2 years ### "AccountsIQ Review" August 11, 2020 4.0 Very positive experience with AIQ , great functionality within the system , ease of use Pros Ease of use vs other ERP systems eg Sap . Staff learn to use this system very quickly Audit trail of information is very easy to follow Cons More options should be available within report writing or building Review Source Response from AccountsIQ August 28, 2020 Thanks Lorraine for your kind review. we're glad you find AccountsIQ easy to use. We have also introduced a new Management reporting pack which contains key KPI reports, Profit & Loss reports, Balance Sheet, Cashflow statements, Debtors and Creditors reports. We'll be in touch to make sure you can access these. Also our Power BI integration means you can customise reports and present them in highly visual formats. lD louise D. Accounts AR Accounting Used the software for: 2+ years ### "Accounts Receivable " October 17, 2023 4.0 Great accounts IQ is very user friendly Pros Accounts IQ is very easy to use, great for reports & uploading banking is very easy. Cons There is one or two features that need to be manually updated when exporting sheets Review Source Response from AccountsIQ July 24, 2024 Hi Louise, Thank you very much for taking the time to leave us a review. We greatly appreciate every feedback and are delighted to hear about your positive experience with AccountsIQ. Please do not hesitate to send through any further feedback via the Qhub. MW Marianna W. accounts Architecture & Planning Used the software for: 2+ years ### "Meitheal" May 12, 2021 3.0 We are using AIQ for the past 4 years. Reporting was back there very unreliable and the format not very friendly. On the other hand, I can say the progress and development on everything else is fantastic. I like working it. Pros support team is excellent. Whenever I need a guidance or assistance, support team reacts promptly with no delays. Cons Generating and search for the report is sometimes time consuming. Review Source Response from AccountsIQ June 23, 2021 Hi Marianna - thanks for your review, glad you like using AccountsIQ accounting software. GM Gerry M. Director Used the software for: 2+ years ### "Staff & clients love using AccountsIQ software, it allows us to access live information in the cloud" February 13, 2018 5.0 Pros AccountsIQ helped us to move away from the old model of sharing data sets with clients. We can work much more easily with our clients now, sharing access to the same real-time information stored in the Cloud. AccountsIQ has become an important part of our ongoing development, and is part of our strategy to move forward. The software enables us to offer our services to new consumer-based sectors such as retail, and will allow us to process much higher volumes of transactions through automated Accounts Payable. We have over 40 clients supported on AccountsIQ. With AccountsIQ we can work collaboratively and they respond to our needs and work with us to improve the accounting service we provide to clients. We feel we have the partnership we were looking for. The next step is integrating with CRM software and banking software. Review Source LN Lorretta N. Finance manager Non-Profit Organization Management Used the software for: 1-2 years ### "Lorretta Nwafor" June 21, 2021 5.0 The benefit of analysing data. Pros The software is very good for department and business unit reporting and analysis. And the fact you can see all the department at once in a spreadsheet makes it unique unlike some accounting software. I also like the fact that you can log in and work at any time and at different locations makes it unique. More than one user can log in and work at the same time without any disruption. Cons Transfer of profit and loss to the following year. It has to be done manually to arrive at a zero balance at the beginning of the year. Review Source Response from AccountsIQ June 22, 2021 Thanks for your review Lorretta. Glad you're enjoying using AccountsIQ. IB Ian B. Director of Hotel Accounting Accounting Used the software for: 1-2 years ### "Easy to use with advanced reporting and consolidation functionality and a flexible, scalable system." September 27, 2017 5.0 Consolidation and multi-currency accounting Easy to produce hotel industry reports Faster invoice processing Reduced risk of human error Remote access Extended business analytics Easy integration with other systems Pros AccountsIQ is an advanced accounting solution which helps us attract business from larger, multinational hotel groups. Its complex functionality gives us the level of complexity, reporting and consolidation needed to win business at the higher end of the market e.g. multi-company consolidation and multi-currency accounting. We find AccountsIQ easy to use and it can be easily configured to pull off bespoke reports easily. AccountsIQ's open API means it is easily integrated with other apps such as AutoEntry's document scanning, this combined solution means we save hundreds of hours a month on data capture, analysis and processing of invoices and reduces the risk of human error. The business intelligence for clients is fantastic with customised dashboards and readily available insights. Review Source DJ Dan J. Finance assistant Food & Beverages Used the software for: 1-2 years ### "04/10/2023 Review" October 5, 2023 3.0 Easy to use but could be improved for efficiency Pros Ease on posting invoices. Good reporting tools Cons Unable to submit approvals and post invoices in bulk Review Source Response from AccountsIQ October 13, 2023 Hi Dan J Thank you for taking the time to leave your feedback with us. We're sorry to hear that we didn't meet your expectations. We've recently released our bulk payments functionality and working to add more features to make AIQ as efficient as possible for our clients. We take user feedback seriously and if you have a moment, please contact client services. If we do not hear back from you, we will contact you to assist you further. CS Charles S. Retired Architecture & Planning Used the software for: 2+ years ### "Quick review" October 7, 2021 5.0 Once you get used to it it is easy to use and easy to look back in time to find transactions Pros On cloud and easy access when out of office Cons We needed to tailor it o suit a charity which has numerous sources of income including segregated funds. Alternatives considered [ProNavigator](https://www.capterra.com/p/233439/Sage/) Reason for choosing AccountsIQ Had more intregated reports Switched from [QuickBooks Enterprise](https://www.capterra.com/p/174984/QuickBooks-Enterprise/) Easier to produce management accounts Review Source LL Linden L. IT Lecturer Used the software for: 2+ years ### "We've been using AccountsIQ for five years now and it's perfect for our needs." December 12, 2017 5.0 Pros The system is used by thousands of our business students to work on tutorials for teaching business and financial management. It's a great accounting system for teaching as we can set exams with literally no set up required. Students can follow it easily and we can see clearly how each student has performed. We worked with AccountsIQ to create a version of the software that would enable UCD's students to learn and be tested, each year we have 500 students and so over the last 5 years we've had nearly 5,000 students using the AccountsIQ system. The University can set tutorials and reset all companies used for each tutorial to a starting position afterwards. Each year we get a fresh copy of AccountsIQ cleared of data and re-supplied for the fresh intake of students. AccountsIQ is more logically set out than some other systems, it isn't at all complex and students can see quite clearly the progression through various business processes such as the expenditure and revenue cycles. It's very intuitive. Review Source AS Anne S. Financial Controller Non-Profit Organization Management Used the software for: 6-12 months ### "AccountsIQ is really excellent. It's intuitive, simple to use and the implementation was outstanding" September 20, 2017 5.0 Complete transparency and visibility of financials Drill down to individual transactions High quality reporting Integrated with bank accounts Pros AccountsIQ was selected, because of its clear, simple and intuitive way of working. Now we have complete transparency and visibility of our financials. We can easily drill down to individual transactions and even down to items on an individual invoice without having to pull out any invoices or backups. AccountsIQ's implementation team helped design and create a set of customised reports for us. The reporting is high quality, and it's very simple to extract the information we need. It's a vast improvement over what we had before. AccountsIQ has been integrated with our bank accounts, so we can manage all payments and receipts online directly with the bank and download all bank transaction data directly and post automatically to AccountsIQ and complete bank reconciliations seamlessly. Review Source SA Suzana A. Head Housekeeper Hospitality Used the software for: 2+ years ### "Great tool" October 5, 2023 5.0 happy with it Pros easy to work with , even for new starters in invoicing. Cons it is not the case, I am happy with the product. Review Source Response from AccountsIQ October 13, 2023 Hi Suzana, Thank you so much for your wonderful feedback. Please do not hesitate to reach our client services team if you have further feedback. MK Marcus K. Group Financial Controller Biotechnology Used the software for: 6-12 months ### "Reporting and consolidation problems solved" January 17, 2019 5.0 We are a fast growing company which means consolidated reporting in multiple currencies is now required. We struggled previously with complex spreadsheets and a time-consuming manual process, but with AccountsIQ, it is a simple solution to a complicated problem. We didn’t want a clunky accounting system just because it could consolidate multicurrency. AccountsIQ solves our reporting problems without the need for an overly-complex and costly accounting system and saves us half a day alone by being able to produce reports at the push of a button. The onboarding/implementation process was straightforward and quick. Pros The software is intuitive It's easy to add new entities It saves us a lot of time which as we're quite a lean team makes such a difference Great for easy consolidation and multicurrency reporting Cons Wish I'd found it sooner - there was nothing on the market at this price point that could handle consolidation with ease. Review Source DM Dorothy M. Director Public Relations and Communications Used the software for: 2+ years ### "Lots of features for the price" August 27, 2020 5.0 Great software, Easy to use. Saves time and money. Great SaaS model makes it affordable. Great support. Pros Easy to use and paperless processes saves so much time. Cons Nothing much really. I'd like to spend more of my own time exploring the reporting. Review Source sY sarah Y. Supporter Relations Assistant Renewables & Environment Used the software for: Less than 6 months ### "Just an assistant " March 23, 2021 5.0 Employed as a finance assistant to help input invoices on the system and was able to pick up the system very quickly as very ergonomic and the learning portal is very comprehensive. Easy to use and general financial reporting is brilliantly displaced and easy for all aptitudes to grasp and understand. Pros The learning portal and ability to attach invoices - general ease of use Cons Lots of different options for different screens can be confusing but this is only a minor thing that I was able to get over after spending more time on the learning portal. Review Source Response from AccountsIQ May 10, 2021 Thank you for your review Sarah, it is great to hear you grasped using our cloud financial management software relatively quickly and that our e-learning platform was helpful. LC Lee C. Finance Director Banking Used the software for: 6-12 months ### "Really easy to use accounting and consolidation software, means I can create reports in 5 minutes " August 9, 2017 5.0 Automatic consolidation based on real-time data Easy to produce custom management reports Improved working processes such as purchase order approval Massive staff time savings Pros Reporting ability is fantastic - used to spend weeks each month producing consolidated accounts and management reporting packs (as we are a group with 80 entities) using a complex process run from spreadsheets but now with AccountsIQ it takes minutes. Consolidation is easy Great value for money Great customer support - nothing too much trouble and the implementation process was seamless and easy. Review Source PP Paddy P. Bookkeeper Non-Profit Organization Management Used the software for: 2+ years ### "AIQ works" October 7, 2021 4.0 My overall experience is good and the learning curve not as severe as I originally thought. Pros I like the simplicity of the software while dealing with complex issues behind the interface. Cons It took a while to grow into the software and I would have liked more help pop ups. Review Source AR Ashley R. Accounting Oil & Energy Used the software for: 6-12 months ### "Program is best for more advanced accounting personnel" March 23, 2018 5.0 Pros This software is not user friendly unless you are a little more advanced in your accounting department Cons The only con is the ease of use. It has complex functionality which is easier for persons higher up in the accounting department. Review Source AM Augustino M. Director Management Consulting Used the software for: Less than 6 months ### "Accounting software user friendly" August 4, 2016 4.0 Flankly have not used this accounting software - have just read its profile and realised that this the software relevant to my accounting operations specific to the size of our business entity. Like other softwares, I see most of the basic modules which are relevant. Pros Have all the basic required modules for our entity. Cons Since have no experience on using the software, I am not in the position to commend on this - what I see in a nutshell, is the best for our environment. Review Source MM Martin M. Director Information Technology and Services Used the software for: 6-12 months ### "Unbelievable functionality for the price. Very easy to use and lots of support setting it up." August 16, 2017 5.0 Saves so much time. Pros Document storage, attachments and workflow processes. Saves so much time. Being able to attach the document from the system saves you having to locate it elsewhere, scan it, attach it.... the email feature is great. It runs really smoothly. 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