01 May 2014

IRIS streamlines automatic enrolment for accountants and SMEs by launching new IRIS AE Suite™

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IRIS Software Group has today announced the immediate availability of its IRIS AE Suite, a complete solution to help businesses, accountants and payroll bureaus meet the legislative requirements of automatic enrolment.

Updated smartphone & tablets apps for Apple iOs, Google Android and Windows 8 have also been released as free downloads for any AE Suite employees.

The IRIS AE Suite sits alongside Earnie Payroll or IRIS Payroll Professional software and consists of four fully integrated components to streamline automatic enrolment, including: 

  • The IRIS Automatic Enrolment Module within payroll to assess and enrol employees;
  • Generation of pension output files to leading pension providers;
  • Production of pension letters (communications) for employees;
  • IRIS OpenPayslips, the cloud-based solution allowing push-button online payslip, P60 and pension letter delivery to smartphones, tablets or web browsers.

“The process is simple and intuitive,” says Mark Paraskeva, CEO IRIS SME Payroll Division. “First, assessment and enrolment are completed directly in the payroll software whenever the payroll is run. The system then generates the required output file(s) for submission to the pension provider. All communications required by The Pensions Regulator are produced, sent and stored to meet the six-year audit requirements.” 

 “We’ve been using the IRIS AE Module and IRIS OpenPayslips to produce and distribute our payslips for a number of months now and are pleased with the results. It saves us a lot of time and helps reduce waste. Knowing that we can now also produce and distribute pension communications to our employees at the touch of a button directly to their smartphones is a further added benefit!  Many of our clients are using the IRIS AE Suite. Automatic enrolment is very complex and we have complete confidence that the IRIS AE Suite will ensure our clients are compliant.” Commented Andrew Bodkin, Managing Partner, Haines Watts.  

The IRIS AE Suite is a modular solution, meaning that customers can choose the configuration best suited to their specific needs. For example, a small business or accountant may choose the entire suite to automate everything, while a larger company which is comfortable producing their own letters can omit that component.

Affordability has also been an important factor, and the IRIS AE Suite service is available for no up-front fee, and a low monthly subscription fee starting at 17 pence per employee per month. 

“Finally” concludes Paraskeva, “the IRIS AE Suite extends our existing proven solution and we think we have more employees and companies on this automatic enrolment platform than any other solution today. That number currently stands at over 330,000 employees being assessed at almost 1,000 companies”. 

IRIS has worked closely with The Pensions Regulator and pension providers to develop the IRIS AE Suite to meet full automatic enrolment compliance.

IRIS AE Suite is available immediately for Earnie Payroll and IRIS Payroll Professional. See www.iris.co.uk/ae-suite or call 0344 815 5656. The free mobile app can be downloaded from the Apple App store, Google Play or Windows Marketplace – search for “OpenPayslips”.

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