Case Study: Salamanca Group achieves real-time consolidation and reporting efficiency with AccountsIQ

Salamanca Group Chooses AccountsIQ Over NetSuite for Consolidation and Reporting

Salamanca Group, a privately held merchant banking business with around 80 companies, needed a better way to handle complex consolidation and management reporting. After struggling with Sage Line 50 and evaluating NetSuite, the finance team looked for an easier cloud-based solution that could support custom reporting and consolidation.

AccountsIQ implemented a cloud accounting, consolidation, and business intelligence platform with live-data reporting, automated consolidation, and improved workflows such as purchase order approval. With AccountsIQ, Salamanca Group reduced monthly report creation from weeks of manual spreadsheet work to about five minutes, producing consolidated accounts and custom management reports in real time while avoiding the higher cost and upfront fees of NetSuite.

Salamanca Group

Lee Camp

Finance Director