Visor, the Irish software company, and a graduate of NovaUCD, today announced that Deloitte Digital has chosen accountsIQ as their platform to deliver online accountancy services to their clients in Australia. 

Deloitte Digital is pioneering the delivery of professional services online in Australia, which include business intelligence tools, online education and collaboration products, compliance and HR solutions. It expects the accountsIQ software, which includes predefined journal templates and easy to use client company set-up and data import wizards, will change the paradigm for providing professional services.

Following the completion of the deal, Tony Connolly, founder and CEO, Visor, said, "This is a very significant deal for accountsIQ, not only because of its size but because Deloitte’s international reputation mean they are a very important partner for us to have" He added, "We're really excited about the opportunity to help Deloitte deliver a world-class online accounting solution to their client base."

Tony Connolly, Visor

accountsIQ is Visor's flagship software-as-a-service product and it is a new breed of accounting software that is designed to move a business' entire accounting online. accountsIQ is a hosted online accounting package that has been designed by accountants and IT specialists.

According to Peter Williams, CEO of Deloitte Digital, “Businesses are becoming increasingly impatient with the inflexibility and cost of traditional financial systems. accountsIQ provides customers with the ability to securely record transactions, monitor performance and prepare financial reports. It also has a clever bulletin board feature which allows our accountants and clients to post messages for one another in a secure online forum. We see this as a fundamental change in the way accountants work and in the type of the work they can do. It changes the nature of the client-accountant relationship from a ‘once a year’ contact to an ongoing conversation; from accountant to business advisor.”

Visor, a graduate of NovaUCD, the Innovation and Technology Transfer Centre at UCD, was established in 2004 by Tony Connolly, a former partner with Farrell Grant Sparks (FGS). accountsIQ was launched commercially in early 2007 after over 30 man years of extensive research and development. Visor's client base currently includes businesses in Ireland, the UK, USA, Australia and India and ranges from sales consultants to global payment providers, franchisers, offshore finance companies and traditional accountancy practices and their SME clients.

ENDS

May 15 2009

For further information contact Micéal Whelan, NovaUCD, e: miceal.whelan@ucd.ie, t: (01) 716 3712.