IRIS Software Group (IRIS), a leading global provider of accounting, education, HR, and payroll solutions, today announced its new unified outsourced payroll solution, IRIS Payroll Services. Ensuring employees are paid accurately and on time is a vital day-to-day operation for organisations both big and small. Payroll errors can lead to costly penalties and employee dissatisfaction. By outsourcing to experts, businesses eliminate these risks and free up valuable time.
The launch of IRIS Payroll Services meets the growing demand for outsourced payroll solutions. IRIS has seen a 17% year-on-year growth in the number of companies processing payroll through its managed payroll services, while the global market is expected to grow at nearly five per cent per year, as organisations navigate complex regulatory requirements, cost pressures, and the drive for operational efficiency.
Stephanie Coward, Managing Director for HCM at IRIS, said: “Managing payroll is a critical but time-consuming task for businesses. IRIS Payroll Services alleviates the stress payroll professionals face, by removing the burden of ever-changing regulations, evolving workplace expectations, and the pressures of ensuring employees are paid accurately and on time. By combining the expertise of CIPP accredited specialists with our secure, cloud-based platform, IRIS Payroll Services enables businesses to confidently outsource their payroll and better focus their time and resources on core business operations.”
A Modern, Flexible Payroll Experience
Following a number of recent strategic acquisitions, IRIS has consolidated its outsourcing solutions across FMP Global (UK only), Payplus, APS Global, Dataplan, Bridgehead and Bishop Fleming, now powered by a unified, cloud-based platform, with a digital customer portal this transformation simplifies the customer experience, while providing industry-specific expertise across the corporate, hospitality, and education sectors.
Branislav Lazarov, Director of Finance at Providence Row, said: “With IRIS, we have a dedicated payroll specialist who goes above and beyond to help with our payroll queries. Our specialist is always responsive, supportive, and knowledgeable and I am very happy with our partnership. It’s very easy to submit my data each month through the Employer Portal and we have full visibility of our payroll, complete with a timeline of important dates. IRIS gives us peace of mind that our employees will always be paid on time and accurately. I would highly recommend.”
The platform offers a more transparent, secure and streamlined payroll experience, with key benefits including:
- A simplified customer experience: Handy reminders and an easy-to-use interface, accessible anytime, anywhere from a secure, cloud location, enable customers to quickly view key information, and keep track of payroll progress via a comprehensive audit trail.
- Advanced reporting and analytics: Detailed reports, accessible in a range of easily-digestible formats, help clients provide management information remotely and securely, delivering a flexible reporting experience without added complexity.
- Seamless integrations: The Employer Portal integrates with a range of HR, recruitment, and finance management solutions, enabling streamlined data flow to ensure accuracy and reduce costly errors across your business.
The launch of IRIS Payroll reinforces IRIS’ position as one of the UK’s top five managed payroll providers, processing over half a million payslips each month. Now serving over 5,500 companies, IRIS continues to invest in innovation and expertise to ensure a consistent, high-quality payroll experience for its clients.
To learn more about the benefits of outsourcing payroll, click here to read IRIS’ latest blog, and click here to learn more about IRIS Payroll Services.
