IRIS Software Group, a leading global provider of business-critical software for accountancy, payroll, HR, and education, has unveiled its latest innovation which is IRIS Firm Management Core. This next generation solution is designed to enable accounting and professional service firms to attain a platform that not only helps them streamline operations, but also combines data and enhances the levels of expertise given to clients in the ever-changing digital ambit.
With IRIS Firm Management Core, IRIS Software Group aims to help firms transition away from fragmented systems toward connected, cloud-first management that enhances collaboration, efficiency, and compliance. The release reflects the company’s decades-long orientation and purpose to “take the pain out of the process” and allow firms to shift to focus more on consultancy and growing clients.
“The profession is transforming faster than ever before,” said Elona Mortimer-Zhika, CEO of IRIS Software Group. “With IRIS Firm Management Core, we’re providing accounting firms with an intelligent platform that unites all aspects of their business – including practice management, and client relationships – with the power of automation and real-time intelligence.”
Adapting to Modern Accountancy Firm’s changing needs
Accounting firms are under immense pressure to digitalize, manage their remote workforce and provide clients with faster data-driven insights. Yet, many firms still wallow in disparate tools and how to get these tools to actually work-both in terms of inefficiency and compliance challenges.
IRIS Software Group’s new platform directly addresses these pain points. The IRIS Firm Management Core combines core functions (e.g. client onboarding, workflow management, billing, document automation) from separate solutions into one cohesive environment.
Built for flexibility it can be used by firms of any businesses size from small practices to large multi-office operations. Its modular design is crucial to ensure that firms are in a position to tailor the system according to their unique requirements without losing any scalability or performance.
Strategic Requirements and Capabilities:
Core, at its essence, IRIS Firm Management has a range of intelligent capabilities to streamline how firms do business, and to increase their capabilities to perform more effectively:
- Unified Customer and Interaction Hub
Embeds a 360 degree view of clients; bringing engagement history, communications, and changes in project status together in one dashboard. - AI-Powered Workflow Automation
Streamlines repetitive administrative tasks such as time tracking, deadline reminders, and document filing — freeing teams to focus on strategic, value-added activities. - Real-Time Performance Insights
Interactive dashboards and predictive analytics enable firm leaders to monitor utilization, profitability, and team productivity at a glance. - Secure Cloud Collaboration
Designed for hybrid work, the platform allows accountants, partners and clients to work together securely via encrypted document sharing as well as built-in communication tools. - Seamless Integration Across IRIS Ecosystem
Natively integrates with other IRIS solutions such as IRIS Practice Engine, IRIS Elements and IRIS Payroll and ensures consistency of data and compliance across the board.
“Our customers asked for a more connected, efficient, and insightful way to manage their firms and we delivered,” explained Jim Scott, Managing Director of Accountancy at IRIS Software Group. This platform includes the best of our technology decade upon decade and industry combined into one, scalable system.
The main components of firm intelligence AI and Data.
The key feature of the new platform is its artificial intelligence (AI) driven intelligence layer that proactively brings to the fore study information, highlights bottleneck and prescribes operation enhancement.
For example, artificial intelligence can also digest task completion patterns and predict project overruns or makes recommendations on labouring staffing on a basis that is reserve historical performance. This service also includes data visualization and reporting tools that allow firm leaders to make decisions faster and smarter.
This focus on intelligence reflects IRIS Software Group’s commitment to empowering accountants as strategic advisors rather than just compliance processors. By belligerence operation information into actionable insights is the platform stimulates firms to move towards advisory-led growth.
A Strategic Step in IRIS Software Group’s Evolution
IRIS Firm Management Core is not a stand-alone award; it has laid the groundwork for the company’s long-term digital transformation strategy. It aligns with IRIS Software Group’s broader effort to create connected, cloud-native solutions that simplify compliance and foster growth across professional services.
The firm, which caters to more than 100,000 UK businesses, and 21,000 accountancy firms, has been rapidly transforming from its traditional solutions for desktops, to integrated cloud-first ecosystems. This is in line with the wider industry trend of using digital platforms to provide a revolutionary approach to the way firms handle talent, clients and operations.
“We’re going to redefine firm management,” said Mortimer-Zhika. “The idea is we’ve got to bring not only technology but transformation – to provide firms the tools they need to thrive in a digital first economy.”
Driving Efficiency, Profitability, and Client Experience
The IRIS Firm Management Core focuses on three performance areas:
Productivity, Profitability, and Client Experience.
- Efficiency
As the workloads in a business can be divided among machines through automation, firms can save on administrative efforts by eliminating cumbersome and time-wasting tasks and speeding up the service delivery to clients with integrated data sources. - Profitability
Serve: Real-time analytics will tell them which engagements are most profitable, allowing them to better allocate resources and make smarter decisions about the pricing of their products and services. - Client Experience
The platform’s built-in CRM functions as well as automated communication flow charts guarantee steady and personalized communication engagement – helping build strong client relationships and loyalty.
Together, these elements position IRIS Software Group as not just a software provider but a strategic growth partner for accounting firms navigating the next phase of digital maturity.
The Competitive Landscape
As the demand for cloud-based firm management tools has increased, competition among the firms in the industry has become increasingly stiff. Users can look over products like Xero, QuickBooks, and Sage that are making hefty spending on practice management and automation.
However, analysts argue that IRIS Software Group’s deep industry experience and expansive ecosystem give it a unique edge.
“Iris understands the day-to-day world of a professional accountant far better than anyone can,” said Mark Ellison, Principal Analyst at Tech MarketView. “By bringing automation, analytics and compliance under a single roof, IRIS Firm Management Core is destined to become top-of-mind among mid-market and enterprise firms.”
Customer Adoption and Early Feedback
Already we have several early adopters of the IRIS Firm Management Core who have reported significant performance improvements.
- A London-based mid-tier firm reduced administrative hours by 25% after implementing the platform’s automated workflow tools.
- Another regional firm improved team utilization by 18% through real-time performance tracking and capacity planning.
- Clients reported faster response times and improved visibility into project status through the integrated client portal.
These case studies highlight the platform’s capacity to deliver measurable ROI within months of adoption.
Anticipating the Future: Preparing the Next Generation of Accountancy Firms
As accounting continues to evolve amid automation, remote collaboration, and heightened client expectations, IRIS Software Group aims to lead the industry into a new era of digital excellence.
The organization expects further advancements towards IRIS Firm Management Core such as better integration with artificial intelligence (AI) assistants, more thorough predictive analytics, and increasing coverage of international compliance systems.
Mortimer-Zhika: Our mission is simple – to help firms big and small do their best work. “With IRIS Firm Management Core, we don’t exactly implement a new product, we consolidate the future of firm management.”
About IRIS Software Group
IRIS Software Group is one of the UK’s largest privately held software companies, serving over 100,000 organizations worldwide. Its solutions are designed to simplify business critical processes across the following domains: accountancy, payroll, HR and education to help professionals operate efficiently, stay compliant and fuel sustainable growth.
