Product Features

What is Cloud Accounting?

The Service

DynamicsIQ introduces a new breed of accounting software that allows SMEs manage their entire accounting processes using the Internet without requiring their own IT infrastructure.

It uses a Cloud Accounting software system designed by accountants specifically to suit business environments where single and multiple entities (clients, franchisees, subsidiaries, branches) need access to a common platform.

Cloud Accounting Vs Traditional Desktop Systems

This application offers significant benefits over traditional accounting software including:

The Institute of Chartered Accountants
  • Simultaneous real time access to accounting records and business documents
  • Productive collaboration online from multiple locations, anytime and from anywhere
  • Realtime Business Intelligence and KPIs via dashboard including benchmarking
  • Modular design allows additional fucntions to be added as required as businesses grow
  • System is fully scalable in terms of user and transaction volumes

DynamicsIQ services will help you to improve processes, boost productivity, cut costs and create new revenue streams for your organisation, practice, franchise or multi-location business.

The accounting application has been fully accredited by the Institute of Chartered Accountants in England and Wales.

Perfect for Companies, Accountants, Franchises & Groups

With centralised access to all accounting records and reports, it is perfect for businesses that are looking to collaborate with their clients in one system.

These businesses include:

  • All types of Organisations
  • Accountants and their clients
  • Franchisors and their Franchisees
  • Groups with several linked subsidiaries

Key Features

This application provides rich functionality at a very competitive cost. It is a full-feature accounting package, with unparalleled business analysis and reporting functions.

Key features include:

  • Multi-jurisdiction, multi-currency platform ideal for international groups and franchises
  • A full business analytics facility, featuring both financial and non-financial measures
  • User Profiles to control access to functions and reports with full audit trailing of changes
  • Cashflow forecasting and management directly from data within the system
  • Budget and revised budget by GL and business analysis code updated directly from Excel
  • User defined dashboards and ad-hoc reporting capability
  • Management of multiple entities from a single admin layer for practices and franchisors
  • Consolidation of financial results in multiple base currencies for group reporting and benchmarking
  • Paperless office functionality allows documents to be stored against accounts or transactions
  • White Label as your own fully branded and configured added value service
  • Integrate with 3rd party systems using extensive Webservice APIs

Ease of use

With this DynamicsIQ service your accounting staff, management, and client users can access their accounts online by simply logging on from a web browser. All they need is an Internet-enabled PC and a broadband connection, with no need to install or maintain software or servers.

It is flexible and extremely easy to use, with a system GUI that has Windows-like usability and familiarity. Even if users are unfamiliar with accounting concepts, this helps to minimise the training required and ensure that users are up and running quickly. Extensive context-sensitive online help is available throughout the application.

The Technology – How it Works

The application is developed on a Microsoft .NET platform and is powered by industrial-strength Microsoft SQL Server database technology. All reports are developed using Microsoft SQL Reporting Services which allows powerful interactive reports with the ability to tailor to specific industries.

Microsoft Certified Partner

The application was developed from scratch for delivery over the web and is extremely performant. It is accessed from a standard web browser (e.g. Internet Explorer). This facilitates access to the system from anywhere in the world using any device that supports a browser. There is no need to install or download any client-side components.

Using Webservices technology and standards, all modules support open connectivity via web services to other existing systems (e.g. Payroll or EPOS systems) to lookup or synchronise account details or post transactions via unique tokens for authentication.

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