Case Study: Asavie achieves scalable multi-currency accounting with AccountsIQ

Asavie scales 100% year-on-year growth with AccountsIQ

Asavie, an Irish-based provider of secure IoT connectivity solutions, faced complex accounting challenges due to rapid growth and expansion into multiple currencies. Having outgrown its Sage system, the company needed a new financial platform to handle consolidation, currency, fixed assets, and workflow. Financial Controller Emma Whelan led a search for a solution that could meet these complex needs without the high costs of enterprise-level vendors like SAP or Oracle.

AccountsIQ implemented its cloud financial management software, establishing a collaborative relationship with Asavie. The solution included integrations with Concur for expenses and utilized AccountsIQ's Purchase Order Approval workflow. The ongoing support from a team that includes qualified accountants allowed Asavie to continuously adapt the software to its evolving needs. This partnership provided Asavie with a powerful, configurable accounting solution that perfectly fit its requirements without the high overhead associated with larger vendors.

Asavie