IRIS kills patchwork technology approach to accountancy with first-to-market seamlessly integrated platform

3 minutes length

Posted: 12th May 2022

11 May 2022: IRIS Software Group (IRIS) is today unveiling the most integrated and powerful cloud-based accountancy solution in the market, IRIS Elements. Designed by accountants, it puts the client at the heart of the practice, which for the first time gives firms a complete 360-degree view of the client without having to move data between disparate applications.

IRIS is continuing to roll out new capabilities to the Elements platform, introducing IRIS Elements Proposal Manager to the market for the first time at Accountex today.

IRIS Elements allows accountants to onboard, service and advise their clients as well as manage their practices in an integrated cloud-based platform. It offers innovative, integrated modules that put the client at the centre of their business with workflows that drive processes across their operations.

This eradicates the time needed to move client data between applications, reducing admin and increasing chargeable time and value of work.

Jonathan Priestley, Head of Product (Accountancy) at IRIS Software Group explains; “There’s huge frustration and growing app-fatigue in the wake of greater demands being placed on professionals. Today’s patchwork of applications doesn’t help accountants manage their practices in the digital age. Instead, they often increase complexity, duplicate data, and require time and technical know-how to ensure delivery to the level of security and compliance you need as a business.

“IRIS Elements changes the game. Firms want and need a single core platform that puts the client at the heart of the company. With Elements, accountants can work smarter through intuitive workflows and bring vital data insights to life with user-friendly dashboards to create better outcomes for their firm and clients.”

For firms that are looking to move to the cloud, or those looking to simplify their current cloud patchwork infrastructure, IRIS Elements helps firms focus on optimising practice performance and increasing value in the longer term. This will enable accountants to shift their focus to driving deeper client relationships, providing more advisory services and building more profitable businesses.

The full IRIS Elements suite today includes:

IRIS Elements Proposal Manager: for creating and pricing quotes for prospects, as well as tracking and managing the process from engagement letter to delivery of service.
IRIS Elements Anti-Money Laundering (AML): for onboarding clients safely with ID and business checks, reflecting the changing AML legislation and training requirements to keep a practice compliant.
IRIS Elements Tax & Accounts: a comprehensive SaaS solution for compliance including Personal, Partnership, Corporation and Trust and Estates tax returns, as well as final accounts production for small limited companies, LLPs, Partnerships and Sole Traders – complete with electronic filing to Companies House and HMRC. Plus, a bridging solution to cater for MTD for VAT.
IRIS Elements Practice Management: a simple and intuitive accounting CRM system with a powerful and customisable workflow engine to help organise and manage jobs and tasks across the firm, saving time for firms to develop client relationships. The customisable dashboard helps professionals easily identify the opportunities to improve productivity and practice performance.

IRIS is the largest third-party online filer with the UK government and one in five UK employees are paid using IRIS payroll solutions. Over 24,000 UK accountancy practices use IRIS and 91 out of the top 100 UK accountancy firms rely on IRIS’ fully integrated cloud-based accountancy solution to drive productivity and generate more profit.