12 Sept 2008
The IRIS Practice Management
system has been named as a finalist in the ‘Practice Management
Software of the Year’ category of this year’s Accountancy Age
Awards.
The system, which provides accountancy
practices with a complete overview of all practice activities on a
‘client by client’ basis through its central client dashboard, is
the current holder of the title, awarded in November 2007.
At the time, judges made special reference to ‘its
excellent functionality and wide range of applications.’
They also commented on ‘high customer retention (97%) and growth in
its user base’ which it attributed to the operation of a direct
sales team in the interests of building strong customer
relationships.
IRIS Practice Management is
the recognised market leader and it has continued to grow its
market share in 2007/8 with a further 5% growth resulting in a
total of 2133 sites using the system with more than 15,000
individual users.
Founded 30 years ago, IRIS has an
unparalleled wealth of knowledge and experience of the practice
software market and a first class reputation for delivering the
highest standards of software and service. The IRIS differentiator
lies in its integrated approach, driving practice efficiency
through seamless integration between tax, accounts production,
auditing, company secretarial and time and fees applications via a
single central database. This is evidenced by 40% of the Top 50
accountancy practices choosing IRIS software, consistent success in
the Institute of Chartered Accountants in England and Wales (ICAEW)
IT Faculty surveys and an outstanding customer retention rate.
Great importance is placed on
re-investing profits back into R&D to ensure that IRIS Practice
Management continues to offer its users technical innovation and
advanced functionality. Between 8 and 10% of annual revenue is
invested in R&D and a very high ratio of staff (5:1) are
employed in development and support compared with sales and
marketing, placing the emphasis very much on the customer
experience after the sale is completed.
During the last year, the system has
developed significantly with new functionality including
integration with two leading document management systems, Invu and
Easy, a new
Anti-Money Laundering search facility and the development of a
new Staff Planning tool.
The winner will be announced at the
Accountancy Age Awards Dinner on the 12th November 2008 at
Battersea Park Arena.
Find out more
about IRIS Practice Management