4 October 2007
IRIS, the largest privately owned software business in the UK,
has announced today that it has taken a majority stake in a joint
venture with MIS, the leading player in the provision of Knowledge
Process Outsourcing (KPO) services to UK accountancy
practices.
The launch of IRIS Resourcing
provides practices with a high quality, secure, offshore
transaction processing service, which utilises web and SQL database
technology to enable the efficient and accurate production of
management, statutory accounts and bookkeeping for the busy
practice.
Research conducted amongst the IRIS customer
base of over 15,000 UK accountancy practices identified that not
only is there a shortage of trained bookkeepers in the UK, making
it increasingly difficult for practices to fill vacancies and
manage peak capacity requirements, but also that firms are now
seeing the cost benefits of offshore processing.
IRIS (http://www.iris.co.uk/) identified MIS
as its partner of choice because of the company’s innovative use of
technology and its existing market leading reputation in this
highly specialised KPO market. 60% of MIS’ existing customers are
also IRIS software users.
Martin Leuw, IRIS Group CEO, described the
introduction as an exciting development for the future growth of UK
accountancy practices. He explained: “We have launched this service
in response to the needs of our customers for a trusted partner to
assist them with outsourcing their processing needs to cover peak
periods, sickness and longer term skill shortages within the
practice. This allows practices to increase their margins from
transactional work and focus their chargeable time on the higher
margin Value Added services they can offer their clients.
Up until now, no major brand in our
marketplace has offered this on a major scale which is what
practices need if they are going to outsource. We have listened to
our customers and delivered a facility to support their
growth.
“Accountants who use IRIS
Resourcing can be confident that they can take advantage
of a fast and reliable outsourcing service that is backed by the
highest levels of customer care, synonymous with the IRIS
brand.”
