Accounting Seed vs. AccountsIQ-Cloud Accounting Software

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Accounting Seed
Score 6.5 out of 10
N/A
Accounting Seed is accounting software that is native to Salesforce.N/A
AccountsIQ
Score 8.1 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-Cloud Accounting Software
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
NoNo
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
Community Pulse
Accounting SeedAccountsIQ-Cloud Accounting Software
Features
Accounting SeedAccountsIQ-Cloud Accounting Software
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Accounting Seed
9.0
Ratings
15% above category average
AccountsIQ-Cloud Accounting Software
-
Ratings
Pay calculation8.30 Ratings00 Ratings
Benefit plan administration8.60 Ratings00 Ratings
Direct deposit files9.30 Ratings00 Ratings
Salary revision and increment management9.00 Ratings00 Ratings
Reimbursement management9.70 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Accounting Seed
9.7
Ratings
24% above category average
AccountsIQ-Cloud Accounting Software
-
Ratings
API for custom integration9.70 Ratings00 Ratings
Plug-ins9.70 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
Accounting Seed
9.7
Ratings
15% above category average
AccountsIQ-Cloud Accounting Software
-
Ratings
Single sign-on capability9.70 Ratings00 Ratings
Role-based user permissions9.70 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Accounting Seed
9.1
Ratings
14% above category average
AccountsIQ-Cloud Accounting Software
-
Ratings
Dashboards9.70 Ratings00 Ratings
Standard reports8.70 Ratings00 Ratings
Custom reports8.80 Ratings00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Accounting Seed
8.9
Ratings
13% above category average
AccountsIQ-Cloud Accounting Software
-
Ratings
Accounts payable9.60 Ratings00 Ratings
Accounts receivable9.70 Ratings00 Ratings
Cash management9.40 Ratings00 Ratings
Bank reconciliation8.60 Ratings00 Ratings
Expense management9.70 Ratings00 Ratings
Time tracking9.70 Ratings00 Ratings
Fixed asset management9.70 Ratings00 Ratings
Multi-currency support7.20 Ratings00 Ratings
Multi-division support8.50 Ratings00 Ratings
Regulations compliance7.60 Ratings00 Ratings
Electronic tax filing8.60 Ratings00 Ratings
Self-service portal9.70 Ratings00 Ratings
Global Financial Support10.00 Ratings00 Ratings
Primary and Secondary Ledgers8.70 Ratings00 Ratings
Intercompany Accounting9.10 Ratings00 Ratings
Localizations10.00 Ratings00 Ratings
Journals and Reconciliations9.70 Ratings00 Ratings
Enterprise Accounting5.50 Ratings00 Ratings
Configurable Accounting8.50 Ratings00 Ratings
Centralized Rules Framework9.10 Ratings00 Ratings
Standardized Processes9.10 Ratings00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Accounting Seed
9.0
Ratings
20% above category average
AccountsIQ-Cloud Accounting Software
-
Ratings
Inventory tracking9.70 Ratings00 Ratings
Automatic reordering9.70 Ratings00 Ratings
Location management9.70 Ratings00 Ratings
Manufacturing module6.90 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Accounting Seed
9.4
Ratings
20% above category average
AccountsIQ-Cloud Accounting Software
-
Ratings
Pricing9.70 Ratings00 Ratings
Order entry10.00 Ratings00 Ratings
Credit card processing10.00 Ratings00 Ratings
Cost of goods sold10.00 Ratings00 Ratings
Order Orchestration9.70 Ratings00 Ratings
End-to-end order visibility6.90 Ratings00 Ratings
Order exception Resolution9.70 Ratings00 Ratings
User Ratings
Accounting SeedAccountsIQ-Cloud Accounting Software
Likelihood to Recommend
8.1
(0 ratings)
-
(0 ratings)
Usability
8.8
(0 ratings)
-
(0 ratings)
Support Rating
7.8
(0 ratings)
-
(0 ratings)
User Testimonials
Accounting SeedAccountsIQ-Cloud Accounting Software
Likelihood to Recommend
Accounting Seed is a great solution for businesses looking for reliable accounting software. It offers all the features needed and works as expected. In addition, it is not as pricey as many competitors and therefore a great choice. I would recommend it for both startups and established businesses.
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Pros
  • When making a deposit for a donation we can tag the account record.
  • Anyone can recognize donors that are also vendors.
  • Extracting general ledger detail is accurate and easy - allowing us to ensure the GL matches revenue detail from donations, box office and education.
  • Budgeting is actually pretty nimble now that I am using it more.
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Cons
  • Sometimes when creating a receipt it can't seem to find the company I am searching for in the drop-down, I have to go out to the company and enter from there.
  • Some of the accounting reports seem to be limited, though at times this may just be the user! Still learning as I go! But there have been some reports that state I would need to add another partner app to do, which would mean more cost.
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No answers on this topic
Usability
Accounting Seed was easy to implement and use without third-party service providers' intervention. Furthermore, the vendor forwarded us a copy of articles and documentation on implementation, customization and integration, which made it much easier for us to integrate it with company API and other external programs.
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No answers on this topic
Support Rating
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!
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No answers on this topic
Alternatives Considered
I have never used Xero at my current organization, but I used it at Alliance Data before Implementing Accounting Seed. Xero wasn’t updated much during the years that we were using it. Also, Xero failed to integrate with some of third-party applications that we were using. Finally, Accounting Seed was highly navigable, had clean UI/UX unlike Xero.
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No answers on this topic
Return on Investment
  • Accounting Seed has been available to use at a reasonable annual cost.
  • Installation, setup and integration cost were reasonable.
  • Customization is simple so we do it our selves and saved money not using outside consultants
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No answers on this topic
ScreenShots

Accounting Seed Screenshots

Screenshot of

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.