Terms and Conditions

Last updated: August 7, 2026

Agreement to Our Legal Terms

We are Islandbridge Automation Limited ("Company," "we," "us," "our"), a private company limited by shares, registered in Ireland under company number 790984, with its registered office at Venture Hub, 136 Capel Street, Dublin, D01 T2C9, Ireland.

We operate the Accruate application and website at https://www.accruate.com (the "Site"), as well as any other related products and services that refer or link to these legal terms (the "Legal Terms") (collectively, the "Services").

These Legal Terms constitute a legally binding agreement made between you, whether personally or on behalf of an entity ("you"), and Islandbridge Automation Limited, concerning your access to and use of the Services. You accept these Legal Terms by ticking the acceptance box when you create an account, or by accessing or using the Services.

Where these Legal Terms refer to documents that form part of them, those documents are incorporated by reference and apply as if set out here in full. They are our Privacy Policy and, where we process personal data on your behalf, our Data Processing Agreement.

1. Our Services

Accruate is a pre-accounting tool for businesses and accounting practices. It extracts data from financial documents you supply, applies validation rules, and lets you review and post the results to connected accounting software.

The Services are provided for business use only. By using the Services you confirm that you are acting in the course of a trade, business, craft or profession and not as a consumer. The Services are not offered to consumers, and we may close any account opened for personal or household use.

The information provided when using the Services is not intended for distribution to or use by any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation.

2. AI-Assisted Data Extraction and Your Responsibility

Important notice: Accruate uses artificial intelligence (AI) to extract data from the financial documents you upload. While we strive for accuracy, AI-extracted data may contain errors. You are solely responsible for reviewing and verifying the accuracy of all extracted data — including totals, VAT rates, tax treatment, and supplier details — before approving it or exporting it to external systems such as Xero. Accruate is a data extraction and pre-accounting tool; it does not provide accounting, financial, tax, or legal advice.

Accruate is not a backup or archival service. You are solely responsible for retaining original copies of your invoices, receipts, and financial records as required by your local tax authorities.

3. Intellectual Property Rights

We are the owner or the licensee of all intellectual property rights in our Services, including all source code, databases, functionality, software, website designs, audio, video, text, photographs, and graphics in the Services (collectively, the "Content"), as well as the trademarks, service marks, and logos contained therein (the "Marks").

Our Content and Marks are protected by copyright and trademark laws. "Accruate", the Accruate logo, and associated branding are trademarks of Islandbridge Automation Limited and may not be used, copied, or imitated without our prior written consent. The Content and Marks are provided in or through the Services "AS IS" for your internal business purpose only.

4. User Representations

By using the Services, you represent and warrant that:

• All registration information you submit will be true, accurate, current, and complete.
• You will maintain the accuracy of such information and promptly update such registration information as necessary.
• You have the legal capacity and you agree to comply with these Legal Terms.
• You will not use the Services for any illegal or unauthorized purpose.
• You are acting in the course of a business and not as a consumer.
• Where the person creating an account does so on behalf of an entity, they have authority to bind that entity to these Legal Terms.

5. Your Clients' Data and Your Authority to Supply It

Accounting practices use the Services to process documents belonging to their own clients. Where you upload, forward, or otherwise supply documents or data relating to a third party, including your clients, their suppliers, and their customers, you confirm that you have the authority and a lawful basis to do so and that supplying it to us does not breach any obligation of confidentiality or data protection law that applies to you.

You are responsible for the email addresses you configure or share for document intake, and for any messages sent to third parties through the Services at your direction. You decide who is contacted and what is asked of them.

Where we process personal data on your behalf, we do so as your processor and only on your instructions. Those arrangements are set out in our Data Processing Agreement, which forms part of these Legal Terms.

6. Fees, the Pilot, and Notice Before Billing

The Services are currently free. Accruate is in a pilot phase. We do not charge for the Services, we do not ask for payment card details, and there is no trial period that expires or converts automatically into a paid subscription.

We will give you at least 60 days' written notice before we begin charging you. Notice will be sent to the email address on your account. You are under no obligation to continue using the Services after that notice, and we will not charge you unless you have first agreed to a paid plan and provided payment details.

Pilot pricing commitment. Organisations that joined during the pilot phase are entitled to a 50% discount on our standard subscription fees for the first twelve months after they first begin paying.

Usage allowances. Plans carry allowances, for example a monthly page allowance and limits on the number of workspaces and team members. Current allowances are published at https://www.accruate.com/pricing. We may change published allowances for future periods, but we will not reduce an allowance you are already paying for during a period you have paid for.

Cancellation. You may stop using the Services and close your account at any time from your account settings. If you are on a paid plan when we introduce one, cancellation takes effect at the end of the period you have paid for, and we do not refund fees for a part-used period unless we are at fault.

7. Acceptable Use

You may use the Services for your own business purposes, including providing accounting, bookkeeping and related professional services to your clients. You may not:

• Copy, modify, reverse engineer, decompile, or attempt to derive the source code of the Services, except to the extent that restriction is prohibited by law.
• Resell, sublicense, rent, or make the Services available to anyone outside your organisation and its clients as a standalone product, or white-label the Services, without our prior written agreement.
• Use the Services to build, train, or benchmark a competing product or service.
• Upload content that is unlawful, infringing, or that you have no right to supply to us.
• Upload material that you know or suspect contains malware or is designed to disrupt the Services.
• Attempt to gain unauthorised access to the Services, to another customer's data, or to our systems, or to circumvent authentication, rate limits, or usage allowances.
• Use automated means to access the Services in a way that places an unreasonable load on our infrastructure, other than through any API we make available for that purpose.
• Use the Services to send unsolicited commercial communications.

We may suspend access under clause 12 where we reasonably believe this clause has been breached.

8. Third-Party Services

The Services connect to third-party systems, including Xero. Those systems are operated by their providers and not by us. We are not responsible for their availability, for changes they make to their interfaces or terms, or for how they process data once it has been sent to them at your instruction.

When you connect an accounting system, you authorise us to access it and to create records in it on your behalf, using the permissions you grant. You remain responsible for reviewing anything before it is posted, and for the accuracy of your own accounting records. Your agreement with that provider governs your use of their system.

9. Availability and Warranties

We work to keep the Services available and accurate, but the Services are provided "as is" and "as available". We do not warrant that the Services will be uninterrupted, timely, secure, or error-free, that defects will be corrected, or that the Services will meet your requirements.

We give no warranty that data extracted from your documents will be complete or correct. As set out in clause 2, the Services use artificial intelligence and you are responsible for reviewing and verifying extracted data before approving or exporting it.

To the fullest extent permitted by law, we exclude all warranties, conditions, and terms implied by statute or common law, including any implied terms as to satisfactory quality, fitness for a particular purpose, and conformity with description.

Nothing in the Services constitutes accounting, financial, tax, or legal advice, and nothing in the Services relieves you of your own professional obligations.

10. Limitation of Liability

Nothing in these Legal Terms limits or excludes either party's liability for: death or personal injury caused by that party's negligence; fraud or fraudulent misrepresentation; or any other liability that cannot lawfully be limited or excluded.

Subject to that, and to the fullest extent permitted by law:

• Neither party is liable for loss of profit, loss of revenue, loss of anticipated savings, loss of business or business opportunity, loss of goodwill, or for any indirect or consequential loss, in each case however arising.
• We are not liable for loss or corruption of data, other than our obligation to maintain the security measures described in our Security Statement. As set out in clause 2, the Services are not a backup or archival service and you are responsible for retaining your own records.
• We are not liable for any liability arising from your failure to review extracted data before approving or exporting it, or from records created in a third-party system at your instruction.
• The total aggregate liability of either party arising out of or in connection with these Legal Terms, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, is limited to €1,000.

The cap in the previous paragraph does not apply to your obligation to pay fees that are properly due, or to your indemnity under clause 11.

This clause survives termination of these Legal Terms. Each limitation above operates separately. If any is found unenforceable, the others continue to apply.

11. Indemnity

You will indemnify us against any loss, damage, cost, or expense (including reasonable legal costs) that we suffer arising from any third-party claim relating to: content or data you supplied to us that you had no right to supply; your breach of clause 5 or clause 7; or your use of the Services in breach of applicable law.

We will notify you promptly of any such claim, will not settle it without your agreement (not to be unreasonably withheld), and will give you reasonable assistance in dealing with it.

12. Term, Termination and Suspension

These Legal Terms apply from the moment you first access the Services and continue until terminated.

You may terminate at any time by closing your account. Account and organisation deletion is available from your account settings.

We may terminate on 30 days' written notice, or immediately if you materially breach these Legal Terms and, where the breach can be put right, fail to do so within 14 days of us asking you to.

We may suspend your access, in whole or in part, where we reasonably believe there is a security risk, a breach of clause 7, unlawful use, or non-payment of fees that are due. We will tell you why, and we will restore access once the reason for suspension has been resolved. We will limit any suspension to what is reasonably necessary.

What happens to your data. For 30 days after termination you may export your data from the Services or ask us to provide it. After that period we will delete it. Deletion from our live systems is not instantaneous in encrypted backups, and residual copies may persist for up to a further seven days before backup rotation removes them. Our obligations as your data processor on termination are set out in our Data Processing Agreement.

13. Changes to These Legal Terms

We may change these Legal Terms. Where a change is material and adverse to you, we will give you at least 30 days' notice by email to the address on your account, or by a notice in the Services, before it takes effect. Minor changes, such as correcting an error or reflecting a change in our contact details, take effect when published.

If you do not accept a material change, you may terminate under clause 12 before it takes effect. Continuing to use the Services after a change takes effect means you accept it.

We record which version of these Legal Terms you accepted. The date at the top of this page is the date of the current version.

14. General

Force majeure. Neither party is liable for a failure to perform caused by an event beyond its reasonable control, including failures of third-party infrastructure or connectivity. This does not apply to an obligation to pay.

Assignment. You may not assign or transfer these Legal Terms without our written consent. We may assign them to a group company or in connection with a merger, acquisition, or sale of our business, on notice to you.

Severability. If any provision is held invalid or unenforceable, it is severed and the remaining provisions continue in full force. Where possible, the severed provision is to be read down to the minimum extent needed to make it enforceable rather than removed entirely.

Entire agreement. These Legal Terms, together with the documents incorporated by reference, are the entire agreement between us about the Services and replace any earlier statement or representation, except that nothing excludes liability for fraudulent misrepresentation.

No waiver. A failure or delay in enforcing a right is not a waiver of it.

No partnership. Nothing in these Legal Terms creates a partnership, joint venture, or employment relationship between us.

Notices. We give notice to the email address on your account. You give notice to us at info@islandbridge.io or by post to our registered office.

Third parties. No one other than you and us has any right to enforce these Legal Terms.

15. Governing Law

These Legal Terms, and any dispute or claim arising out of or in connection with them or their subject matter, are governed by and interpreted in accordance with the laws of Ireland. Islandbridge Automation Limited and yourself both agree to submit to the exclusive jurisdiction of the courts of Ireland.

16. Contact Us

In order to resolve a complaint regarding the Services or to receive further information regarding use of the Services, please contact us at:

Islandbridge Automation Limited
Venture Hub, 136 Capel Street
Dublin, D01 T2C9
Ireland
Registered in Ireland, company number 790984
info@islandbridge.io