IRIS Software Group unveils IRIS Elements Enterprise for accountancy firms serving complex clients

"In today's market, accountancy firms are up against a wide range of pain points – coordinating different software across their offices and people; maximising success and growth with the same or fewer resources; dealing with complex regulatory requirements; and all while being under intense pressure to modernise," said Mark Chambers, Managing Director of Accountancy at IRIS Software Group. "IRIS Elements Enterprise offers a seamless, secure way to get there, allowing firms to pay for what they need and add extra features as they scale up."

IRIS Elements Enterprise

IRIS Elements Enterprise is designed to support accountancy firms as they navigate complex client needs and stay ahead of regulatory changes, such as HMRC's upcoming Making Tax Digital (MTD) requirements. This comprehensive platform helps firms improve profitability and client satisfaction by streamlining operations and offering robust tools for producing financial statements and generating tax returns. This makes it easier for accountancy firms to:

IRIS Elements' Cloud Journey: Generating Momentum in 2024

Today also marks a major milestone in IRIS Software Group's cloud journey, which began with the launch of IRIS Elements, the first UK accountancy suite to be wholly cloud-based. Since 2021, more than 9,000 accountancy firms and practices have selected IRIS Elements to complete their clients' accounts and tax returns securely from anywhere, providing a full end-to-end solution for all their compliance and workflow management needs.

The platform's unique, 'hybrid-by-design' bi-directional bridging technology also allows firms to operate and synchronise between on-premise IRIS desktop and cloud applications, enabling seamless management of critical tasks while gradually adopting cloud workflows. IRIS Elements has consistently achieved a 'high status' ranking within the DevOps Research and Assessment (DORA) framework, with six daily deployments to rapidly deliver new and innovative product features. IRIS Element's enterprise-level security, encryption and advanced user authentication protect sensitive client data. This year, IRIS Elements also achieved ISO 27001:2022 accreditation – outlining the strength of its security management systems and ability to effectively manage and mitigate cyber risks – and launched a specialist Cyber Essentials security programme for the 24,000 accountants the business supports in the UK.

IRIS Elements continues to be celebrated for its award-winning contributions to the accounting industry. So far this year, the IRIS Elements platform has been named a finalist in the 2024 Computing Cloud Awards for 'Best Cloud Support Provider' and 'Multi-Hybrid Cloud Solution of the Year', in the 2024 ICB (Institute of Certified Bookkeepers) UK LUCA Awards for 'Tax and Accounts Production Software of the Year' and in the 2024 BCS UK IT Awards for 'Digital Transformation Project of the Year,' for its ambitious cloud migration project, which has successfully migrated more than 9,000 accountancy customers from legacy systems to IRIS Elements. Furthermore, 63% of this year's Accounting Excellence Award winners were IRIS customers.

Looking Ahead

As part of its ongoing innovation roadmap, IRIS will introduce IRIS Elements Practice Management Enterprise in the coming months. It will feature more advanced reporting, time and expenses tracking, and scheduling capabilities so firms can further streamline their compliance efforts.

About IRIS Accountancy

IRIS is proud to be "the official supporter of accountants and bookkeepers," and a leading provider of innovative software solutions designed to help accountants and bookkeepers grow, thrive, and create lasting value for their clients. As the largest third-party online filer with the UK Government, IRIS boasts HMRC and Companies House acceptance rates of over 98%. Trusted by 93 of the top 100 UK accountancy firms and 28 of the top 30 firms, IRIS serves more than 24,000 UK accountancy practices. Over 9,000 of these firms have adopted IRIS Elements, the company's fully cloud-based solution, to streamline their operations and securely manage their workflows.

For over two decades, IRIS has provided comprehensive outsourcing services, with a team of over 600 qualified accounting professionals helping clients optimise their schedules by handling audit, bookkeeping, year-end accounts, personal tax, payroll, and iXBRL tagging. IRIS holds industry-leading certifications, including ISO 27001, GDPR compliance, and quality assurance standards like ISO QMS 9001:2015, ISO ISMS 27001:2013, and PIMS 27701:2019.

About IRIS Software Group

Founded more than 45 years ago, IRIS Software Group (IRIS) is a leading global provider of mission-critical software and services and one of the UK's largest privately held software companies. IRIS is a trusted partner to more than 100,000 customers across 135 countries, empowering finance, HR and payroll teams, educational organisations, and accountancy practices of all shapes and sizes to look forward with certainty and confidence.

IRIS is certified as a Great Place to Work® in the UK, Ireland, India, Canada and the USA and recognised as one of The Times Top 50 Employers for Gender Equality in 2023. IRIS is also recognised as one of the Best Workplaces for Wellbeing, one of the Best Workplaces in Tech and one of the Best Workplaces for Women.

To see how IRIS helps organisations get things right first time, every time, visit www.iris.co.uk, or follow IRIS Software Group on LinkedIn, Twitter and Instagram.

Media contact 

IRIS Software Group
[email protected]

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