AccountsIQ acquires ExpenseIn to solidify its finance software offering for ambitious, mid-market businesses
ExpenseIn joins the AccountsIQ Group, integrating ExpenseIn’s comprehensive expense management capabilities with AccountsIQ’s leading accounting software.
Dublin, Ireland and London, UK; 14th January 2025: AccountsIQ, a leading provider of fully cloud-based accounting software, has today announced its acquisition of ExpenseIn, the expense management software that empowers businesses to take control of their expense and invoice management process.
ExpenseIn, which joins the AccountsIQ Group and will continue trading with its existing name, shares AccountsIQ’s values and customer-centric approach. Founded in 2015, the company processes over a million expenses every month and has a customer base that spans over 40 countries. Its customers include Ascot, Corpay and Bath Rugby.
The acquisition reflects AccountsIQ’s vision to expand beyond finance teams into the broader business user function, bringing a multi-product solution to the office of the CFO, including spend card management and embedded payments.
Since Axiom’s investment in June 2024, AccountsIQ has made significant progress in enhancing its market-leading services. This includes the launch of cutting-edge product features and the strategic appointment of a world-class management team.
By integrating ExpenseIn’s advanced capabilities, the Group now supports a combined user base of over 175,000 users, providing a deeper, more integrated solution for modern finance teams. With plans to grow its team and further invest in product innovation, AccountsIQ is dedicated to delivering empowering technology that enriches the lives of its customers.
Image: Tony Connolly (left) and Darren Cran (right) from AccountsIQ with Richard Jones (middle) from ExpenseIn.
Darren Cran, CEO of AccountsIQ, commented:
“Both AccountsIQ and ExpenseIn have a shared vision for innovation and growth, and we’ve had an increasing number of joint customers in recent years. This acquisition bolsters our position as a leading finance management solution for ambitious finance teams in the mid-market, with our combined knowledge and experience allowing us to really understand what our customers need and deliver the technology to match.”
Richard Jones, Managing Director of ExpenseIn, added:
“There’s a natural synergy between our companies, as both AccountsIQ and ExpenseIn are passionate about delivering great products and experiences for our customers. We share a joint commitment to provide the office of the CFO with market-leading software and understand the changing requirements of fast-paced modern finance teams and the challenges they face. I look forward to working closely with Darren and the AccountsIQ team as we continue to innovate and scale.”
ExpenseIn will remain trading under its existing name with no disruption to customers or partners.
About AccountsIQ
AccountsIQ delivers advanced financial management solutions to meet the accounting and business needs of ambitious mid-market companies with a growth mindset. Providing automated processes that increase productivity, group accounting features and next level business intelligence, AccountsIQ offers finance leaders an easy route to digital transformation, with technology that streamlines their workflows and enriches their lives. With a guaranteed go-live within just 29 working days, AccountsIQ stands out in the market as an easy to use, cloud-native platform that delivers next-level insights and empowers better business decisions and faster results. Headquartered in Dublin with a second office in London, the business has over 100 employees and supports over 20,000 users worldwide.
Media contact
Leah Jones, CommsCo
+44 7876 117760
