ACCA offers IRIS OpenSpace to members to boost data protection compliance

4 minutes length
Posted: 25th February 2019

25 February 2019:

In a bid to remove GDPR pressures and improve client communication, the Association of Certified Chartered Accountants (ACCA) is today announcing a partnership with IRIS Software Group to offer IRIS OpenSpace free of charge to members.

The move comes as the industry continues to grapple with GDPR processes while looking to improve collaboration and communication with clients. Exchanging sensitive and confidential information with clients is an important part of the accountancy professional’s daily routine, but many are still facing issues with insecure email, expensive file sharing sites and compliance with UK data protection requirements.

Steve Cox, chief evangelist of IRIS Software Group explains: “IRIS OpenSpace allows accountants to securely share a draft set of accounts, a tax return or a financial statement with the client, and clients can send bank statements, payslips and electronically approve documents sent from their accountant. Access for ACCA members helps streamline compliance, and with MTD for VAT coming into force very soon, every single efficiency gain is now crucial to a firm’s success.

The agreement comes on the back of the Memorandum of Understanding signed between IRIS and ACCA last year. It allows ACCA members to create an IRIS OpenSpace account with 1GB of free storage, enabling them to securely upload, store and approve documents. The portal can be customised with a practice’s own branding and is accessible from any location and any device.

Claire Bennison, head of ACCA UK says: “We constantly look at ways we can add benefits for our members, such as providing useful tools which will help them thrive in the digital accountancy economy. With an average annual spend of £500 for secure document exchange, the partnership with IRIS provides a tangible benefit which allows practices to focus on what they do best.”

ACCA members only need to enter their details to create an IRIS OpenSpace account. IRIS OpenSpace is fully integrated with the IRIS Accountancy Suite & IRIS Payroll Solutions.[i]

About IRIS Software Group

IRIS Software Group is the largest privately held software company in the UK and ranked at 227 in the Sunday Times Grant Thornton Top Track 250. It provides business-critical software and services for accountants, schools, SMEs, corporates and non-profit organisations. IRIS Software Group’s trusted solutions relieve the burden of compliance, while enabling productivity, facilitating collaboration and providing insight for UK organisations to connect and serve an increasingly new generation of customers.

More than 650,000 SMEs and 21,000 UK accountancy firms use IRIS applications. Four million parents and guardians use IRIS apps to connect with their child’s school. 620,000 UK employees are managed by IRIS HR solutions and 2.3 million UK employees are paid by IRIS payroll solutions.

They are managed under the leading BioStore, Cascade, Contact Group, Earnie, Hosted Accountants, IRIS, KashFlow, Keytime, ParentMail, PS Financials, PTP, Results Squared, School Asset Manager, Star and Taxfiler product brands.

For more details visit iris.co.uk or follow the brands on Twitter: @irisaccountants, @irispayroll, @kashflow, @keytime @CascadeHRMS, @PSFinancials, @ParentMail and @TaxfilerLtd.

About ACCA

ACCA (the Association of Chartered Certified Accountants) is the global body for professional accountants, offering business-relevant, first-choice qualifications to people of application, ability and ambition around the world who seek a rewarding career in accountancy, finance and management.

ACCA supports its 208,000 members and 503,000 students in 179 countries, helping them to develop successful careers in accounting and business, with the skills required by employers. ACCA works through a network of 104 offices and centres and more than 7,300 Approved Employers worldwide, who provide high standards of employee learning and development. Through its public interest remit, ACCA promotes appropriate regulation of accounting and conducts relevant research to ensure accountancy continues to grow in reputation and influence.

ACCA has introduced major innovations to its flagship qualification to ensure its members and future members continue to be the most valued, up to date and sought-after accountancy professionals globally.

Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. More information is here: www.accaglobal.com

regulation of accounting and conducts relevant research to ensure accountancy continues to grow in reputation and influence.

ACCA has introduced major innovations to its flagship qualification to ensure its members and future members continue to be the most valued, up to date and sought-after accountancy professionals globally.

Founded in 1904, ACCA has consistently held unique core values: opportunity, diversity, innovation, integrity and accountability. More information is here: www.accaglobal.com


[i] *Excludes IRIS PAYEMaster