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February 13, 2016 3:50 PM ET


Company Overview of IRIS Software Group Limited

Company Overview

IRIS Software Group Limited primarily provides business critical software and services to accountants and payroll professionals in the United Kingdom. It offers IRIS Accountancy Suite, an integrated, modular solution to automate various aspects of corporate finance departments, including accounts, tax, practice management, company administration, and payroll under the IRIS, PTP, and Drummohr brands. The company also provides IRIS OpenApps, a cloud computing solution; IRIS Accounts and tax software for corporates; and iXBRL solutions. In addition, it provides various services, including training, implementation, technical services, customer support, hosted services for IRIS OpenHosting, and o...

Riding Court Road

Datchet,  SL3 9JT

United Kingdom

Founded in 1978

1,215 Employees


44 8448 155 727


44 1753 212 296

Key Executives for IRIS Software Group Limited

Chief Executive Officer, Director, Member of Executive Committee and Chief Executive Officer of Iris Accountancy Solutions
Member of Executive Committee and Chief Executive Officer of Sme
Managing Director of IRIS Accounting & Business Solutions
Managing Director of IRIS Payroll & Hr Solutions
Managing Director of IRIS SME Solutions
Compensation as of Fiscal Year 2015.

IRIS Software Group Limited Key Developments

IRIS Software Mulls Acquisitions

IRIS Software Group Limited intends to pursue acquisitions. With a strong core business, a large addressable market and continued investment in cloud solutions, IRIS Software is well positioned to accelerate its growth both through organic growth investments and further acquisitions.

IRIS Launches New Version of Cloud-Based Accounting Software, KashFlow

IRIS launched the new version of its cloud-based accounting software, KashFlow. The product is now available in three editions to meet the unique business needs of companies of different sizes, priced to be within range of even the smallest organisation. It features a major upgrade to its look, feel and revolutionary responsive design that automatically optimises the application for the device through which it is being viewed - whether that's a mobile phone, tablet, laptop or desktop computer. What's more, the latest version of the pioneering UK online bookkeeping application integrates seamlessly with the new KashFlow Payroll, also being launched today, enabling small business owners to completely control their finances. Work effortlessly with users accountancy partner. KashFlow enables small businesses to focus on their day-to-day priorities by removing the complexity associated with accounting and payroll. At a glance, it provides information about business performance without the need for advanced financial expertise. But when that expertise is needed, KashFlow customers can now work effortlessly with their accountancy provider, as KashFlow is now integrated with the IRIS Accountancy Suite, used by 50% of UK accountancy firms, to prepare tax and accounts for their SME clients. Intuitive responsive user interface design. Due to its revolutionary new responsive design and user interface, users can now access KashFlow from any Internet-enabled device, such as a smartphone, tablet, laptop or desktop PC; the application will dynamically optimise itself for the device in use. The new design avoids time wasted downloading and regularly updating mobile apps. Business owners can now work where, when and how they like. Available in three editions. Each of the new editions can be trialled for free and each enables easy creation, customisation and editing of invoices; raising of quotes, estimates and pro-forma invoices; automation of reoccurring purchases; management of customers and suppliers; and a wide range of reporting, banking, credit control and accounting capabilities. There are three simple pricing options available ensuring sole traders never need pay for more than necessary, while larger employers have access to all they require. The 'Starter'edition offers value for money for freelancers, contractors and low-transaction businesses at GBP 5 a month whilst the 'Business' edition is ideal for growing organizations and limited companies. At GBP 10 per month it supports multiple users, unlimited multi-currency invoices and bank transactions. 'Business + Payroll' edition is only GBP15 a month, and includes all the benefits of the 'Business' edition plus the newly integrated KashFlow Payroll product for up to five employees. The 'Business + Payroll' edition includes the new KashFlow Payroll suite, a fully integrated online payroll solution that shares information seamlessly with KashFlow at the touch of a button. This saves users time while improving accuracy and removing the duplication of effort associated with running separate bookkeeping and payroll systems. It also provides support for the latest legislative changes such as Real Time Information (RTI), removing the headache of reporting to HMRC and other UK legislative bodies.

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