IRIS and AccountsIQ partner on cloud solutions

Accounting and payroll solutions provider IRIS Software Group and accounting and financial management software company AccountsIQ announced they are partnering on an integrated suite of cloud-based payroll, HR and finance solutions meant to help streamline operations, facilitate cross-departmental collaboration, and make data-driven decisions.

"We are thrilled to welcome AccountsIQ to IRIS' HR Marketplace as a strategic partner. In today's fast-paced workforce, HR and payroll professionals are seeking cloud technology that simplifies workflows and maintains compliance across multiple countries and regions. With the AccountsIQ offering, our customers will gain access to a fully integrated, cloud-based suite of payroll, HR and finance solutions to help them save time, improve cost control and profitability. We look forward to broadening this partnership in the coming months," said Stephanie Coward, managing director of HCM at IRIS.

The partnership means, specifically, that AccountsIQ's cloud-based financial platform is now available to IRIS Cascade and Staffology customers through the IRIS HR Marketplace.

Touted as an end-to-end integration that can be implemented in six weeks or fewer, users can now access a cloud-based suite of payroll, HR and finance solutions that cover the entire employee lifecycle. Features include real time views of financial performance via dashboards that provide detailed data analysis and performance insights; simplified regulatory compliance via VAT returns, corporate tax filings and Companies House submissions; integration of payment authorizations and invoice approvals into a single system, which reduces the need for manual data entry, as well as offers simpler multi-currency transactions, consistent and accurate data across functions, and reinforced financial governance; and comprehensive budget management with full audit trails offering bolstered cost control and performance oversight, enabling the ability to authorize payments and invoices and manage and consolidate invoices across multiple entities.

"We are excited about this next stage of collaboration with the IRIS team. There's no doubt that HR, finance and payroll software must work together seamlessly, but far too often, this isn't the case. When these systems are integrated, it not only streamlines tasks and saves valuable time but also helps users take their businesses to the next level. Cloud platforms are integral to this mission, and this extended partnership is a fantastic opportunity for both AccountsIQ and IRIS to provide a more unified service to our customers," said Tony Connolly, founder and CEO at AccountsIQ.