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Accounting Seed vs. AccountsIQ-Cloud Accounting Software

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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Accounting Seed

    Score6.2 out of 10
    N/AAccounting Seed is accounting software that is native to Salesforce.N/A

    AccountsIQ

    Score8.1 out of 10
    Mid-Size Companies (51-1,000 employees)
    AccountsIQ provides a cloud-based accounting solution that is designed to provide users with access to the applications from anywhere in the world.  The solution can be used on any internet connected device (with appropriate security and permissions).  With this solution, users can facilitate simultaneous collaboration with multiple users within their organization through this centralized online service. The vendor says this feature makes it a particularly attractive solution for…

    $100

    per installation

    Pricing
    Accounting SeedAccountsIQ
    Editions & Modules
    No answers on this topic
    BookkeeperIQ
    $100
    per installation
    ControllerIQ
    $250
    per installation
    EnterpriseIQ
    $400
    per installation
    EnterpriseIQ with Consolidation
    $500
    per installation
    Offerings
    Pricing Offerings
    Accounting SeedAccountsIQ
    Free Trial
    NoYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup fee$5,000 per installation
    Additional DetailsPricing starts at $3,960/year.The product is modular and therefore you can select the functionality you require and only pay for this functionality included. In addition, as the product is scalable, you will need to consider the number of entities a company has on the system.
    More Pricing Information
    Features
    Accounting SeedAccountsIQ
    Payroll Management
    Comparison of Payroll Management features of Accounting Seed and AccountsIQ-Cloud Accounting Software
    Feature
    Accounting Seed
    9.0
    2 Ratings
    15% above category average
    AccountsIQ-Cloud Accounting Software
    -
    Ratings
    Pay calculation8.32 Ratings00 Ratings
    Benefit plan administration8.62 Ratings00 Ratings
    Direct deposit files9.32 Ratings00 Ratings
    Salary revision and increment management9.02 Ratings00 Ratings
    Reimbursement management9.72 Ratings00 Ratings
    Customization
    Comparison of Customization features of Accounting Seed and AccountsIQ-Cloud Accounting Software
    Feature
    Accounting Seed
    9.7
    4 Ratings
    24% above category average
    AccountsIQ-Cloud Accounting Software
    -
    Ratings
    API for custom integration9.74 Ratings00 Ratings
    Plug-ins9.73 Ratings00 Ratings
    Security
    Comparison of Security features of Accounting Seed and AccountsIQ-Cloud Accounting Software
    Feature
    Accounting Seed
    9.7
    4 Ratings
    15% above category average
    AccountsIQ-Cloud Accounting Software
    -
    Ratings
    Single sign-on capability9.74 Ratings00 Ratings
    Role-based user permissions9.74 Ratings00 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of Accounting Seed and AccountsIQ-Cloud Accounting Software
    Feature
    Accounting Seed
    9.1
    6 Ratings
    14% above category average
    AccountsIQ-Cloud Accounting Software
    -
    Ratings
    Dashboards9.75 Ratings00 Ratings
    Standard reports8.76 Ratings00 Ratings
    Custom reports8.86 Ratings00 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of Accounting Seed and AccountsIQ-Cloud Accounting Software
    Feature
    Accounting Seed
    8.9
    6 Ratings
    13% above category average
    AccountsIQ-Cloud Accounting Software
    -
    Ratings
    Accounts payable9.66 Ratings00 Ratings
    Accounts receivable9.74 Ratings00 Ratings
    Cash management9.45 Ratings00 Ratings
    Bank reconciliation8.66 Ratings00 Ratings
    Expense management9.75 Ratings00 Ratings
    Time tracking9.72 Ratings00 Ratings
    Fixed asset management9.73 Ratings00 Ratings
    Multi-currency support7.23 Ratings00 Ratings
    Multi-division support8.54 Ratings00 Ratings
    Regulations compliance7.63 Ratings00 Ratings
    Electronic tax filing8.62 Ratings00 Ratings
    Self-service portal9.73 Ratings00 Ratings
    Global Financial Support10.03 Ratings00 Ratings
    Primary and Secondary Ledgers8.74 Ratings00 Ratings
    Intercompany Accounting9.14 Ratings00 Ratings
    Localizations10.03 Ratings00 Ratings
    Journals and Reconciliations9.76 Ratings00 Ratings
    Enterprise Accounting5.54 Ratings00 Ratings
    Configurable Accounting8.55 Ratings00 Ratings
    Centralized Rules Framework9.13 Ratings00 Ratings
    Standardized Processes9.14 Ratings00 Ratings
    Inventory Management
    Comparison of Inventory Management features of Accounting Seed and AccountsIQ-Cloud Accounting Software
    Feature
    Accounting Seed
    9.0
    2 Ratings
    20% above category average
    AccountsIQ-Cloud Accounting Software
    -
    Ratings
    Inventory tracking9.72 Ratings00 Ratings
    Automatic reordering9.72 Ratings00 Ratings
    Location management9.72 Ratings00 Ratings
    Manufacturing module6.92 Ratings00 Ratings
    Order Management
    Comparison of Order Management features of Accounting Seed and AccountsIQ-Cloud Accounting Software
    Feature
    Accounting Seed
    9.4
    2 Ratings
    19% above category average
    AccountsIQ-Cloud Accounting Software
    -
    Ratings
    Pricing9.72 Ratings00 Ratings
    Order entry10.02 Ratings00 Ratings
    Credit card processing10.02 Ratings00 Ratings
    Cost of goods sold10.02 Ratings00 Ratings
    Order Orchestration9.72 Ratings00 Ratings
    End-to-end order visibility6.92 Ratings00 Ratings
    Order exception Resolution9.72 Ratings00 Ratings
    Best Alternatives
    Accounting SeedAccountsIQ
    Small Businesses
    Sage Accounting
    Score9.1 out of 10
    Sage Accounting
    Score9.1 out of 10
    Medium-sized Companies
    MYOB
    Score7.7 out of 10
    MYOB
    Score7.7 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score6.8 out of 10
    Microsoft Dynamics GP
    Score6.8 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    Accounting SeedAccountsIQ
    Likelihood to Recommend
    8.1
    (6 ratings)
    -
    (0 ratings)
    Usability
    8.8
    (3 ratings)
    -
    (0 ratings)
    Support Rating
    7.8
    (3 ratings)
    -
    (0 ratings)
    User Testimonials
    Accounting SeedAccountsIQ
    Likelihood to Recommend
    Accounting Seed
    I wouldn’t recommend Accounting Seed to enterprise companies. However, Accounting Seed is the best cloud accounting tool for small and medium-sized companies that are yearning to automate accounts payable and receivable, inventory management, and invoice customization in one integrated platform.
    Incentivized
    Read full review
    accountsIQ
    No answers on this topic
    Pros
    Accounting Seed
    • Accounting Seed is an affordable accounting solution
    • It offers many features making it an ideal accounting solution for business
    • The software integrates well with Salesforce
    • The software comes with a friendly User Interface
    Incentivized
    Read full review
    accountsIQ
    No answers on this topic
    Cons
    Accounting Seed
    • Custom reporting seems cumbersome, but it could just be that we need better instructions, more examples, maybe some more canned reports. My company needs the ability to compare multiple years, and more than one budget in a report - we start with an approved board budget and then we reproject each quarter.
    • Non profits need to print financials by restriction level - this has also been very awkward - all the data is there but I have to piece it together in an excel spreadsheet every time I want it.
    • In general, the materials needed for non profits is not as accessible as it could be.
    Read full review
    accountsIQ
    No answers on this topic
    Usability
    Accounting Seed
    It always works well. We've never had programming issues. Never. It is easy to customize. The system can grow with you as your business grows and changes. Being cloud-based you can work from anywhere. It is intuitive. You have all the features of Salesforce, like workflows, that work perfectly in Accounting Seed. Having that full integration with Salesforce allows you to see all our data in one platform
    Incentivized
    Read full review
    accountsIQ
    No answers on this topic
    Support Rating
    Accounting Seed
    We seldom have had to use their support but when we have, they have been responsive and actually were able to answer our questions in a simple, nontech language. You don't have to be a programmer to talk to them!
    Incentivized
    Read full review
    accountsIQ
    No answers on this topic
    Alternatives Considered
    Accounting Seed
    Honestly, Accounting Seed was the only one I focused on when looking to switch from our existing program. It showed in the partner app store and stated it was created native to SalesForce. As I read through it's capabilities, cost, etc., I knew it was the right choice.
    Read full review
    accountsIQ
    No answers on this topic
    Return on Investment
    Accounting Seed
    • Business users save time sending payments to suppliers and reimbursing employees since it is just by one click.
    • The three-way POS match ensures that figures match on orders and invoices before paying suppliers.
    • Capturing data on reports that are not submitted, approval times, and policy exceptions.
    • Expense management and time tracking enable us to view the exact time taken to complete projects and the exact amount that should be paid.
    Incentivized
    Read full review
    accountsIQ
    No answers on this topic
    ScreenShots

    Accounting Seed Screenshots

    Product screenshot

    AccountsIQ Screenshots

    Screenshot of This is the Administration Layer where you manage all the companies/entities under your administration.Screenshot of Manage User Profiles by switching on or off every single function, report or dashboard for each user profile.Screenshot of Easily manage customers and suppliers in a list that can be customised to every single user helping to easily create workflow management.Screenshot of Consolidate accounts of multiple entities, with partial ownership structures. Consolidate the GL, Sales and Purchase Data, Business Analytics or centrally manage exchange rates from the parent company.Screenshot of Have personalised and customised dashboards to easily report the activities of your business.Screenshot of Easily review your GL accounts by P&L, Balance Sheet or Trial Balance with a capability to drilldown to transaction level.