Key Points
- AccountsIQ, a Dublin-headquartered cloud accounting provider, has increased its workforce by 38% year on year, reaching 149 employees across offices in Dublin and London.
- The growth follows the acquisition of UK-based expense management specialist ExpenseIn, marking AccountsIQ’s first acquisition after a €60 million Series C investment from Axiom Equity in June 2024.
- The combined AccountsIQ Group now supports more than 35,000 users in over 85 countries, with ExpenseIn processing over a million expenses monthly in more than 40 countries.
- Product expansions include AccountsIQ’s Workflow Approval Engine for real-time approval visibility and compliance, Non-Financial Metrics Tool for tracking sustainability and operational KPIs, and ExpenseIn’s smart business card for automated expense capture.
- AccountsIQ rose ten places to 17th in Deloitte Ireland’s Technology Fast 50 ranking, highlighting rapid revenue growth.
- Customers include Scottish Council for Voluntary Organisations (SCVO), OCN London, Liberal Democrats, Vent-Axia, Corpay, and Ascot; partnerships with Harlequins Rugby and Triathlon Ireland.
- Research reveals 94% of CFOs regret ERP implementations; future focus on AI and automation.
- Statements from CEO Darren Cran and ExpenseIn Managing Director Richard Jones emphasise shared vision for innovation in mid-market finance solutions.
AccountsIQ expands amid surging demand for agile finance solutions
AccountsIQ has boosted its workforce by 38% year on year as finance teams worldwide seek flexible, automated alternatives to legacy systems. The Dublin-based cloud accounting firm attributes this growth to rising demand for scalable software amid complex reporting needs.
As reported by IT Brief UK, the expansion follows significant investments and the recent acquisition of ExpenseIn, forming the AccountsIQ Group with 149 employees operating from Dublin and London offices. The group now serves over 35,000 users across more than 85 countries.
This development underscores a broader shift where organisations replace rigid enterprise resource planning (ERP) systems with connected finance ecosystems.
What triggered AccountsIQ’s workforce growth?
The 38% workforce increase reflects surging demand for AccountsIQ’s cloud finance tools that support automation and flexibility. As detailed in IT Brief UK coverage, finance leaders are ditching legacy ERP setups as businesses expand and compliance grows intricate.
The growth aligns with AccountsIQ’s post-acquisition strategy after securing €60 million in Series C funding from Axiom Equity in June 2024, as noted by Enterprise Times reporter Colin Berkshire. This capital fuelled product development, including Syrinx integration and new features, alongside appointing Darren Cran as CEO.
ExpenseIn’s integration has extended capabilities into expense management, spend cards, and embedded payments, enhancing the platform for mid-market firms.
How has the ExpenseIn acquisition shaped AccountsIQ?
AccountsIQ acquired ExpenseIn, its first such deal, to broaden its finance suite beyond core accounting while maintaining integration. Enterprise Times reports that ExpenseIn will retain its brand, reassuring customers like the Liberal Democrats, Vent-Axia, Corpay, and Ascot.
ExpenseIn’s platform handles mobile expense management for employees and managers, processing over a million expenses monthly in more than 40 countries, with integrations to AccountsIQ, Sage, Xero, and others.
As reported by Colin Berkshire of Enterprise Times, deeper ExpenseIn integration adds spend card management and payments to AccountsIQ, aligning with the vision to empower CFOs in digital transformation.
What new products did AccountsIQ launch post-deal?
AccountsIQ advanced its portfolio with the Workflow Approval Engine, eliminating finance approval bottlenecks via real-time visibility and compliance oversight. IT Brief UK highlights this tool’s role in streamlining workflows.
The Non-Financial Metrics Tool enables CFOs to monitor sustainability indicators, operational KPIs, and more alongside financial reports in one environment.
ExpenseIn launched a smart business card for automated expense capture and reconciliation, responding to demand for linked accounting-expense systems, per IT Brief UK.
Why did AccountsIQ climb Deloitte’s Technology Fast 50?
AccountsIQ surged ten spots to 17th in Deloitte Ireland’s Technology Fast 50, a ranking tracking revenue growth in Irish tech firms. The company views this as a milestone in its expansion trajectory, as covered by IT Brief UK.
This recognition coincides with workforce and product growth, positioning AccountsIQ among rapidly scaling innovators.
Who are AccountsIQ’s key customers and partners?
Adoption spans sectors like membership bodies and education, with users including the Scottish Council for Voluntary Organisations (SCVO) and OCN London leveraging the platform for multi-entity group accounting and automation. IT Brief UK notes these as finance layers in digital systems boosting efficiency and transparency.
ExpenseIn serves the Liberal Democrats, Vent-Axia, Corpay, and Ascot.
Partnerships include official Data and Insights role with Harlequins Rugby for financial-performance analytics and collaboration with Triathlon Ireland for brand visibility and community engagement.
What do executives say about the growth?
Darren Cran, CEO of AccountsIQ, stated: “CFOs are being asked to move faster than ever, but many are still stuck with systems that hold them back. Our recent CFO Mindset research shows 94% of CFOs who have implemented ERP software now have regrets, it’s a clear sign that urgent transformation can lead to the wrong choices. We’re focused on freeing finance teams from the ‘ERP regret’ with a modern platform that scales with their needs. In 2026, we are looking to continue to evolve and refine what we offer to customers at both AccountsIQ and ExpenseIn, doubling down on AI and automation to help them make smarter, faster decisions and accelerate better business performance.”
As reported by Colin Berkshire of Enterprise Times, Darren Cran, CEO of AccountsIQ, commented: “Both AccountsIQ and ExpenseIn have a shared vision for innovation and growth, and we’ve had an increasing number of joint customers in recent years. This acquisition bolsters our position as a leading finance management solution for ambitious finance teams in the mid-market, with our combined knowledge and experience allowing us to really understand what our customers need and deliver the technology to match.”
Richard Jones, Managing Director of ExpenseIn, added: “There’s a natural synergy between our companies, as both AccountsIQ and ExpenseIn are passionate about delivering great products and experiences for our customers. We share a joint commitment to provide the office of the CFO with market-leading software and understand the changing requirements of fast-paced modern finance teams and the challenges they face. I look forward to working closely with Darren and the AccountsIQ team as we continue to innovate and scale.”
Darren Cran previously said: “Our mission remains clear: to empower finance teams to navigate their digital transformation journey with the latest easy-to-use technology.”
What ERP regrets does research highlight?
AccountsIQ’s CFO Mindset research shows 94% of CFOs regret ERP implementations, citing inflexibility as organisations evolve. Darren Cran emphasised freeing teams from this via scalable platforms.
Finance leaders feel locked into hard-to-adapt systems amid accelerating demands.
What is AccountsIQ’s future strategy?
The group plans AI and automation enhancements across AccountsIQ and ExpenseIn brands in 2026 and beyond. This builds on 2025’s award-winning growth, largest customer year, and 18 years in cloud accountancy.
Enterprise Times questions if AccountsIQ will add payroll, procurement, or supplier management, evolving beyond accounting.
ExpenseIn’s 2024 revenue hit $2.9 million, per GetLatka via Enterprise Times, leaving Axiom funds for more deals.
For finance professionals aiming to master these Finance & Accounting transformations, consider upskilling through targeted corporate training to lead agile implementations and avoid ERP pitfalls.