Irish firm chosen by Deloitte Australia for online accountancy services

Irish company AccountsIQ has announced that Deloitte Australia has today launched an online accounting service to its clients based on the accountsIQ software.

After a detailed tendering and evaluation process over the past few months the contract was officially signed today in Melbourne, Australia. The online accounting service will be offered through its Deloitte Digital division as an own-branded solution.

Deloitte Digital is pioneering the delivery of online professional services in Australia, which to date have included benchmarking tools, online education and collaboration products, compliance and HR solutions.

It expects accountsIQ to play a central role in expanding the services it offers helping it to change the paradigm for delivery of professional accounting services.

“Businesses are becoming increasingly impatient with the inflexibility and cost of traditional financial systems," said Peter Williams, CEO of Deloitte Digital.

"AccountsIQ provides customers with the ability to securely record transactions, monitor performance and prepare financial reports.

"We see this as a fundamental change in the way accountants work and in the type of the work they can do."