AccountsIQ
AccountsIQ helps mid-market finance teams automate manual work, gain real‑time visibility, and close faster through AI-driven cloud accounting.
At a Glance
- Mid-market businesses
- Multi-entity groups
- Non-profits
- Financial services
- +1 more
AI Tools by AccountsIQ
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AccountsIQ
Cloud Accounting for Mid-Sized Business
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Latest News
AccountsIQ secures €60M investment from Axiom Equity to boost AI capabilities.
AccountsIQ appoints Darren Cran as new CEO to lead expansion.
AccountsIQ acquires expense management firm ExpenseIn.
Launch of AI-Q: AI-enabled automation for mid-market finance teams.
Products & Services
A mid-market financial management system featuring AI-driven automation, multi-entity consolidation, and advanced BI reporting.
An automated expense management solution integrated into the AccountsIQ ecosystem following its acquisition.
Market Position
Positions itself as the 'step up' from Xero and QuickBooks, offering enterprise-level consolidation and BI at a mid-market price point, competing with Sage Intacct and Oracle NetSuite.
Leadership
Founders
Tony Connolly
Chartered Accountant with extensive experience in the IT and software sector. He founded AccountsIQ to address the gap in the market for cloud-based multi-entity accounting solutions.
Gavin McGahey
CTO and Co-founder. Technology leader with a background in software development, focusing on building scalable cloud-native financial platforms.
Executive Team
Darren Cran
CEO
Appointed CEO in 2024 after 13 years with the company, previously serving as COO and Head of Client Services.
Tony Connolly
Founder & Executive Group Chairman
Founder and former CEO; a Chartered Accountant who sets the strategic vision for the group.
Board of Directors
Founding Story
Founded by accountants who realized that mid-market businesses were underserved by entry-level accounting software but often found enterprise ERPs too complex and expensive. They built a cloud-native platform specifically designed for multi-entity groups needing automated consolidation and advanced reporting.
Business Model
Revenue Model
SaaS Subscription with tiered pricing based on features and entity count.
Pricing Tiers
3-level GL coding, automated VAT, standard reporting.
Adds automated consolidation, multi-currency, and enhanced reporting.
Full BI analysis (6 dimensions), custom integrations, and dedicated support.
Target Markets
- Mid-market businesses
- Multi-entity groups
- Non-profits
- Financial services
- Franchises
- Multi-entity group consolidation
- Transitioning from entry-level software (Sage 50, Xero, QuickBooks)
- Real-time financial visibility for mid-market firms
- Automating manual month-end close processes
- PwC UK
- IRIS Software Group
- Harlequins
- Stott and May