AccountsIQ, an award-winning supplier of accounting consolidation and business intelligence solutions, has announced a major product update to their software platform, as a result of feedback from their customers and the AccountsIQ community.

AccountsIQ recently won a ranking in Deloitte Technology Ireland’s Fast 50 for the fourth year running, recognising the company’s growth in turnover, and a reflection of the its commitment to innovation.

The General Ledger Journals functions in AccountsIQ have been redesigned to help create efficiencies and improve accuracy in month end processes, and to save the finance function time.

Typically, end of month accounting procedures can be cumbersome, repetitive and lengthy, especially journal adjustments or month end journal routines, often taking up valuable time and resource which could be better used elsewhere, and which might be prone to human error.

Gavin McGahey, AccountsIQ chief technology officer, says: “The new features will create significant time savings at month end. We are really pleased to add these new enhancements, as many have been requested by customers. The first part of this upgrade has been released globally and we’re looking forward to add even more time saving features over the next couple of months.”