Deloitte Ireland and AccountsIQ announce collaboration to help mid-market businesses automate financial reporting
Deloitte Ireland, the global number one strongest professional services brand and No.1 by revenue in the Gartner® Market Share: Security Services, Worldwide, and AccountsIQ, the leading cloud accounting platform for mid-market businesses, have announced a collaboration to better support mid-market companies through periods of growth and transformation.
As part of the collaboration, Deloitte Ireland and AccountsIQ will work together to support Deloitte clients seeking more scalable and insight-driven finance systems. AccountsIQ’s cloud accounting platform provides multi-entity finance management, reporting and business intelligence capabilities, alongside automation designed to help finance teams streamline processes and gain greater visibility over financial performance.
As businesses scale, their financial reporting requirements can become increasingly complex. Deloitte Ireland has identified a growing technology need among businesses with revenues between €30 million and €150 million that may be outgrowing entry-level finance systems or spreadsheet-based processes.
By collaborating, Deloitte Ireland and AccountsIQ can better support ambitious mid-market businesses as they grow, attract investment and strengthen their finance functions. The collaboration brings together Deloitte Ireland’s cross-industry experience supporting growing businesses with AccountsIQ’s cloud-based financial management technology.
“In recent years, we’ve seen a significant increase in the attractiveness of Irish indigenous businesses to private equity investors in Ireland, the UK and the US. Typically, when institutional or strategic investors buy in to owner-founded businesses, there is a requirement to enhance management and financial reporting. Spreadsheets alone are unlikely to do the job for long. AccountsIQ offers an intuitive and affordable solution for many of these companies.”
said Ian Whitefoot, Partner at Deloitte Ireland.
“Deloitte works with some of the world’s leading business teams and, with this collaboration, we can help ambitious mid-market companies build finance functions fit for growth."
said Darren Cran, CEO of AccountsIQ.
"Unlike many competing platforms, our platform is designed with mid-market businesses in mind. In the age of AI and automation, AccountsIQ’s current features and product roadmap will support the future strategy of Deloitte Ireland’s clients."
said Darren Cran, CEO of AccountsIQ.
About Deloitte
At Deloitte, we make an impact that matters for our clients, our people, our profession, and in the wider society by delivering the solutions and insights they need to address their most complex business challenges.
As the largest global professional services and consulting network, with approximately 457,000 professionals in more than 150 countries, we bring world-class capabilities and high-quality services to our clients.
In Ireland, Deloitte has approximately 3,000 people providing audit, tax, consulting, and financial advisory services to public and private clients spanning multiple industries. Our people have the leadership capabilities, experience and insight to collaborate with clients so they can move forward with confidence.
In this press release references to Deloitte are references to Deloitte Ireland LLP. The information contained in this press release is correct at the time of going to press. Deloitte Ireland LLP is the Ireland affiliate of Deloitte NSE LLP, a member firm of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”). DTTL and each of its member firms are legally separate and independent entities. DTTL and Deloitte NSE LLP do not provide services to clients. Please see www.deloitte.com/about to learn more about our global network of member firms.
Media Contact(s):
Declan Jackson
Deloitte Ireland Communications
dejackson@deloitte.ie
+353 1417 3522
Georgina Francis
Deloitte Ireland Communications
gefrancis@deloitte.ie
+353 1584 5459