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What is AccountsIQ?

AccountsIQ’s cloud-based accounting solutions simplify the process of capturing, processing, and reporting financial information across various locations. We revolutionize financial operations by providing financial controllers, directors, and CFOs with the tools to: - Gain an all-encompassing perspective of their organization and its subsidiaries Utilize robust, real-time reports and KPIs Leverage our advanced multi-level coding for insightful analytics Automate the consolidation process Enhance collaboration and workflow efficiency through our versatile apps and tools - Boost productivity by integrating essential business systems Recognized for excellence, our financial management software received the Mid-Market Accounting Software of the Year award in 2019 and the Enterprise Accounting Software of the Year in 2018, while also being a finalist in 2020. With a commitment to continuous improvement, we strive to meet the evolving needs of finance professionals.

What is AvidXchange?

AvidXchange revolutionizes payment processes for businesses, enabling them to concentrate on their core priorities. Our accounts payable (AP) solutions empower clients to enhance efficiency, transparency, and authority within their AP workflows. Enhance Efficiency: Expedite the approval of invoices and minimize administrative burdens, allowing team members to engage in more critical initiatives. Boost Transparency & Authority: Achieve immediate insights into the status of invoices and payments while crafting personalized workflows to align with your approval requirements. Access Anytime, Anywhere: Enhance productivity and eliminate delays by managing AP responsibilities around the clock. Moreover, AvidXchange, Inc. operates as a licensed money transmitter for B2B payments across the U.S., holding a Money Transmitter license from the New York State Department of Financial Services, along with other states necessitating such a license. This extensive regulatory compliance underscores our commitment to secure and reliable financial transactions.

Media

Media

Integrations Supported

SAP Concur
Arlo Training Management Software
BrightPay
CMAP
Chaser
Expensify
Stripe
Tink

Integrations Supported

SAP Concur
Blackbaud Altru
Blackbaud LMS
CTI Cloud
Certinia Financial Management Cloud
Entrata
FRONTSTEPS Caliber
M3
Microsoft Dynamics 365 Finance
Oracle PeopleSoft
QuickBooks Online
RISSOFT
Rabbet

API Availability

Has API

API Availability

Pricing Information

£199
There are three product bands - Essentials (AIQ1) includes all the features one would expect from a full-featured financial management platform and starts from £199 per month, Growth (AIQ2) includes multi-entity consolidation and starts from £450 and please contact us to learn more about Enterprise (AIQ3).

Pricing Information

Pricing not provided

Supported Platforms

SaaS

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Standard Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

AccountsIQ

Date Founded

2005

Company Location

United Kingdom

Company Website

www.accountsiq.com

Company Facts

Organization Name

AvidXchange

Date Founded

2000

Company Location

United States

Company Website

www.avidxchange.com

Categories and Features

Accounting

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
CPA Firms
Cash Management
Expense Tracking
Fixed Asset Management
Fund Accounting
General Ledger
Multi-Currency
Nonprofits
Project Accounting
Purchase Orders
Tax Management

Accounting Practice Management

Approval Workflow
Billing & Invoicing
Client Management
Client Portal
Document Management
Due Date Tracking
For CPA Firms
Time Tracking

Accounts Payable

Approval Process Control
Bank Reconciliation
Cash Management
Check Writing
Duplicate Payment Alert
Fraud Detection
General Ledger Entry
Vendor Management

Accounts Receivable

Billing & Invoicing
Check Processing
Collections Management
Online Payment Processing
Overpayment Processing
Partial Payments
Receivables Ledger
Recurring Billing

AI Accounting

Not specified

AP Automation

Not specified

Bookkeeping

Accounts Payable
Accounts Receivable
Bank Reconciliation
Billing & Invoicing
Cash Management
Collections
Expense Tracking
Fixed Asset Management
General Ledger
Revenue Recognition
Spend Management
Tax Management

Budgeting

"What If" Scenarios
Asset Planning
Balance Sheet
Capital Asset Planning
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement
Project Budgeting
Run Rate Tracking

Expense Report

Approval Process Control
Invoice Management
Multi-Currency
Receipt Management
Reimbursement Management
Spend Control
Time Tracking
Workflow Management

Financial Management

Budgeting & Forecasting
Cash Management
Consolidation / Roll-Up
Currency Management
Financial Reporting
Investment Management
Project Management
Revenue Recognition
Tax Management

Financial Reporting

Audit Trail
Balance Sheet
Cash Management
Consolidation / Roll-Up
Forecasting
General Ledger
Income Statements
Multi-Company
Multi-Department / Project
Profit / Loss Statement

General Ledger

Not specified

Medical Accounting

Not specified

Categories and Features

Accounts Payable

Approval Process Control
Bank Reconciliation
Fraud Detection

AI Accounting

Not specified

AI Accounting Agents

Not specified

AP Automation

Not specified

B2B Payment

Not specified

Billing and Invoicing

Billing Portal
Contact Database
Customer Portal
Customizable Invoices
Invoice History
Online Invoicing
Online Payments
Payment Processing
Project Billing
Recurring/Subscription Billing

Cross-Border Payment

Not specified

Expense Report

Not specified

Payment Processing

ACH Check Transactions
Online Payments
Recurring Billing

Spend Management

Not specified

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