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IRIS expands range of online solutions

4 June 2008

IRIS is expanding its range of online solutions with the unveiling of a new web-based version of IRIS Accounts Office. The addition of IRIS Accounts Office Online to its portfolio underscores the investment IRIS is making in the next generation of its applications, specifically in the online world.

The portfolio now comprises IRIS Exchequer Online, used by 12 of the UK’s largest accountancy practices as a financial management outsourcing tool, and IRIS PROJECTminder, a high visibility web specialist project management and practice management system used by architects, engineers, management consultants and IT consultants.

 

The SaaS delivery model, where the vendor offers a web-based software application which it hosts and operates for the client, is fast becoming the method of choice, especially in industries where mobility is an important consideration. The advantages of choosing to run an accounting system in this way include the ease with which software upgrades can be managed. With traditional delivery methods, the user will have to install the upgrade but with a web-based system, the software is upgraded out of office hours to avoid any loss of productive time.

 

IRIS Accounts Office was introduced in 2006 and has been developed by the team behind the award-winning mid-range Exchequer system.  It is designed specifically for the small and growing business with a typical annual turnover of between £250,000 and £2m, allowing far greater levels of analysis than typically available in this market sector, through a drill-down feature that includes dynamic LiveLinks with Microsoft Excel.

 

The IRIS pricing model, based on a fixed annual fee, is persuading high numbers of small and growing businesses to move to its software in preference to the ‘bolt on’ approach operated by many of its competitors, which results in mounting costs as all upgrades and maintenance releases are charged in addition to the annual fee.

 

The web-based version of IRIS Accounts Office has been trialled extensively and the feedback from customers is extremely positive. Paul Sparkes, Product Director for IRIS Accounts Office said of the launch: “There are a number of benefits for the growing business with web based accounting systems. These include lower costs for multiple locations, enhancements and patches are applied on a regular basis with no disruption to the user and backup worries are eliminated. Our company philosophy is to offer our customers choice wherever possible and all new users from now on, will have the choice to deploy IRIS Accounts Office through the traditional method or via the web.”

 

More than 65,000 UK organisations now use IRIS Software and the company has established itself as a sector specialist with leading positions in a wide range of vertical markets:

  • The No 1 provider to UK accountancy practices
  • The No 1 provider to UK law firms, barristers and coroners’ offices
  • The No 1 provider of payroll and accounts to GPs
  • The No 1 provider to the UK Not for Profit Sector
  • The No 2 provider of Payroll and HR Software Solutions
 
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