2019: the year of IRIS Financials

Untitled design 41 | 2019: the year of IRIS Financials
By Toby Lester | 8th January 2020 | 8 min read

The past decade has been full of surprises and exciting developments for IRIS Financials, and 2019 was no different. From powerful new product features to a promising new partnership, there’s plenty that we want to celebrate!

Making Tax Digital preparations

We’ve worked toward full MTD compliance in preparation for 2019, and were pleased to launch our MTD-compliant module ahead of the HMRC’s soft landing approach. We’ve aimed to create an easy-to-manage MTD solution, and we’re confident that IRIS Financials now achieves that.

We’ve also released an on-demand webinar rundown of Making Tax Digital for both beginners and experts which many professionals may find useful; you can view it here.

New product features

Last year, we overhauled our PS Purchasing and Expenses modules to create the ultimate user-friendly tool. With our new purchasing functionality, we wanted to empower your organisation’s users to manage their own purchasing with automated approval routing.

Users can access a tailored web-based portal and enter, review and approve purchase orders and employee expenses. If you want to find out more, we’ve put together an informative on-demand webinar outlining the main features of PS Purchasing.

IRIS Financial Planner partnership

We teamed up with an industry-leading partner to develop a new version of IRIS Financial Planner, our integrated budgeting solution.

Soon, customers will enjoy an effortless budgeting experience with full MIS and financial integration. Data syncs from IRIS Financials at the click of a button, so you can update your chart of accounts and access instant monthly budget monitoring with ease.

There’s also a robust 5-year funding projection with automatic calculations and our powerful payroll reconciliation and budget monitoring. For more information and a free demonstration, get in touch.

We’re part of something bigger

We continue to work with the wider team at IRIS Software to deliver the very best business management solutions.

As we’re now part of the IRIS family, we’re excited for IRIS World 2020, which is set to be a fantastic event for administration professionals who work in education. It’s taking place on the 11th of February at the ICC in Birmingham; if you’d like to attend, you can view the itinerary and book your free tickets now.

Our new webinar programme

It’s been a great year for video learning, and we’ve produced a host of free webinar content for you to watch any time on demand.

You can visit our online channel at a time that suits you to watch videos that span a range of sectors, including business, commercial, not-for-profit and education. Learn best practice and insight from our financial and business management experts in our concise educational videos.

Thank you!

Without our fantastic customers, we wouldn’t be where we are today – so thank you. Here’s to a record-breaking 2020!