TransferMate announces new partnership with AccountsIQ

TransferMate Global Payments, the global B2B payments technology company partly owned by AIB and ING Group, has partnered with AccountsIQ to offer its customers a new way to access preferential FX rates for payments with an automated solution within the AccountsIQ finance system. AccountsIQ’s clients include Web Summit, Gaelectric, Nuritas and Altratech.

Gary Conroy, TransferMate’s Chief Product Officer commented, “TransferMate is delighted to announce this new partnership with AccountsIQ. With a growing global client base, more AccountsIQ users are demanding simpler, faster and more cost-effective foreign currency payment solutions.

TransferMate’s integration with AccountsIQ software, streamlines making an FX payment, right inside the Accounts IQ platform. This provides a preferential exchange rate and lower fees than a traditional bank along with huge time savings for accounts teams. A key driver of TransferMate’s growth is deep strategic partnerships with accountancy software providers and we are really excited to be working with Accounts IQ.”

Darren Cran, AccountsIQ’s UK MD, said: “This FX payments solution is far quicker and cheaper than people have been used to. It will make a real difference to senior finance staff’s time. We’re thrilled to be able to give back time and money to our customers with such a simple solution. After using this solution, customers will wonder how they ever did it the old way.”

AccountsIQ is constantly looking to provide the most complete solutions for customers. This partnership with TransferMate allows us to provide a market leading service and reinforces AccountsIQ’s position as a real innovator in the provision of comprehensive accounting applications.”

AccountsIQ’s history of integrating with other leading apps means the needs of a wide range of businesses can be met. Working with complementary best-of-breed, sector-specific applications to merge vital data means that organisations get a seamless solution for their finance needs.