Get in touch to discussyour Cloud accounting needs:
UK +44 (0)203 598 7350Ireland & Rest of the World + 353 (1)
707 44 [email protected]
AES selected AccountsIQ as it could
easily consolidate their multiple entities,
multiple bank accounts and myriad of
currency transactions, and because it is
easy to produce bespoke management
reporting packs.
Nothing else like AccountsIQ for consolidation
Consolidation was crucial for AES
International, which has multiple
entities and currencies to manage.
Quickbooks only allowed consolidation
in sterling, requiring the cumbersome
use of spreadsheets and manual effort
to consolidate the accounts. AccountsIQ
does this automatically. Wayne’s team
can easily run a consolidation of six
companies and convert the data to any
currency they need. “I don’t know of any
other system that can do consolidation
the way AccountsIQ can. It takes a lot
of complexity out of everything and that
saves us a lot of time.”
“It used to take two weeks to do our
accounts; with AccountsIQ and other
improvements, we now get our accounts
out in five working days,” says Wayne.
Quantifiable Management Information (MI) for more efficient
decision-making
While AccountsIQ’s consolidation
features take away the legwork, its
bespoke reporting tools make it easier
for AES’s management team to interpret
and action the results. AES has built on
AccountsIQ’s standard reports by using
API connectors to create custom reports
to suit their specific needs.
“With AccountsIQ we get good, accurate
data coming out of a well trusted system.
We are confident we have chosen the
right system for our current and future
growth needs.”
A digital approach that saves time and money
The move to AccountsIQ marks a change
to a totally digital approach to accounting
that ultimately saves AES both time and
money.
“When I joined AES, I took the opportunity
to make accounting cloud based.
Quickbooks was server-based. We once
lost a week’s worth of work when the
system went down. I knew that the new
system had to be cloud-based, backed
up, everything stored online.”
With AccountsIQ, AES now has a cloud-
based solution that makes data loss a
non-issue.
In addition to its consolidation capabilities,
AccountsIQ has other features that offer
substantial time savings for AES. For
example, the Fixed Asset Register’s
auto-depreciation feature helps automate
processes that would otherwise be done
manually. “The fixed asset register is a
great addition,” says Wayne.
“For SMEs, it’s a perfect bit of software.”
Cloud-based, with consolidation a key
feature, AccountsIQ provides exceptional
value for AES, saving valuable time
for this growing business. “For SME’s,
AccountsIQ is a perfect bit of software,”
says Wayne. “AccountsIQ is ideal for our
complex accounting requirements. We
were delighted to find a solution that is
intuitive to use and enables us to report
on our group structure easily, all at an
affordable price.”
Designed for the Cloud, AccountsIQ is unique in providing
Accounting, Consolidation and Business Intelligence in onepowerful
solution. The online accounting platform is deliveredas a fully
hosted Software-as-a-Service offering which cuts costs, informs
better decision-making and boosts productivity.
“With AccountsIQ we get good, accurate data coming out of a well
trusted system. We are confident we have chosen the right system
for our current and future growth needs”
Wayne Copeland, Head of Finance, AES International
Get in touch to discussyour Cloud accounting needs:
UK +44 (0)203 598 7350Ireland & Rest of the World + 353 (1)
707 44 [email protected]
