IRIS Software Group Acquires AccountantsWorld to Help North American CPAs and Accountants Expand Client Accounting Services and Improve Practice Management Efficiency with Cloud-Based Payroll

LONDON AND NEW YORK – (COMMERCIAL THREAD) – IRIS Software Group (IRIS), one of the world’s leading providers of accounting solutions software, today announces the acquisition of AccountantsWorld, a pioneer in cloud solutions for accountants in North America.

The acquisition of AccountantsWorld is a further strategic step in IRIS’s mission to revolutionize the professional accounting market in North America, bringing together leading-edge technology, capabilities and in-depth industry knowledge to help accountants rise to the challenge. the challenge of growing and sustaining North American businesses. Accounting firms demand reliable compliance, powerful productivity, and aggregate information that enables them to deliver value-added Accounts Receivable Accounting (CAS) services, helping them and their clients to thrive for years to come.

Founded in 2003, AccountantsWorld offers a comprehensive suite of cloud-based solutions to thousands of CPA firms, including accounting, payroll and document management, client portals, practice management, and a website builder. .

Both companies share the fundamental view that CAS is proving to be a fundamental change for the accounting profession and an attractive, high-growth segment for companies looking to further demonstrate their value and transform their business model. IRIS and AccountantsWorld also believe that vendors should go above and beyond to support accountants providing these services, as they hold a wealth of knowledge in their portfolio and are virtual consultants, growth partners and CFOs for clients, not only a source of protection and compliance.

IRIS plans to continue strengthening its presence in North America, combining the power of its recent acquisitions (Doc.IT, Conarc) with its existing CPA offerings (including Star Practice Management, Innervision, FMP, PSI, Senta and Practice Engine ) as well as future acquisitions and product developments.

50 of the Top 100 US CPA Firms are currently working with IRIS Software Group, as well as many small and medium businesses that look to IRIS for its ability to provide solutions to all accounting firms and to scale to meet their needs and growth future.

Elona Mortimer-Zhika, CEO of IRIS Software Group, said: “We are delighted to welcome AccountantsWorld to the IRIS family as we continue to expand our presence in North America to enable accounting firms to manage and grow their businesses. practice more effectively and become better counselors for their clients. The founders of AccountantsWorld pioneered cloud technology for accountants, and the holistic suite of cloud-based solutions they have created is an exceptional addition to our offerings. Together, they help accountants transform their practices with solutions that drive automation, efficiency and productivity, and enable them to introduce new value-added services.

An established and highly regarded partner of accounting firms, AccountantsWorld is one of the few large independent cloud platforms serving the accounting profession in North America. Based in New York, its deeply integrated solutions complement and extend the IRIS accounting portfolio and are well aligned with the core IRIS philosophy; providing accounting professionals with a single source of truth about their clients so they can help them succeed and move forward with certainty and confidence.

Chandra Bhansali, Co-Founder of AccountantsWorld, says, “Over the past 30 years, we’ve made it our mission to provide accountants with innovative ways to use technology that enables them to become much-needed, trusted partners for their clients. , anchored in critical business functions. . Joining IRIS advances our mission. CAS services are critically important to accounting firms and joining IRIS allows them to deliver more financial value to their clients and focus on their business.

About IRIS North America

IRIS North America is part of IRIS Software Group. It exists to streamline processes and enable professionals working in CPA firms and businesses to comply with regulations, boost productivity, and better interact with key stakeholders. Its brands include IRIS Star Practice Management, IRIS FMP, IRIS Innervision, Practice Engine, Doc.It, PSI Payroll, Senta and Conarc.

IRIS works with thousands of CPA firms in North America, including 50 of the top 100 CPA firms in the United States, and provides innovative solutions to serve accounting clients in the North American market, making IRIS the partner essential for CPAs. IRIS has more than 100,000 UK and international clients, 80% of whom have tenure of five years or more.

About IRIS Software Group

IRIS Software Group is a global provider of mission critical software and one of the UK’s largest privately held software companies. IRIS provides software solutions and services for finance, HR and payroll teams, educational institutions and accounting firms that simplify processes and allow professionals to focus on the work they love. By simplifying, automating and providing insight into critical day-to-day tasks for organizations of all shapes and sizes, IRIS ensures that customers can look to the future with certainty and confidence.

IRIS is the largest third-party online depositor with the UK government. Ninety of the top 100 UK accounting firms use IRIS software. About 20% of the UK workforce is paid through IRIS payroll offerings, and around the world, six million employees receive their payslips through IRIS software each month. Over 850,000 UK employees are managed by IRIS HR solutions. Over 12,000 UK schools and academies use IRIS, and four million parents and guardians use IRIS apps to connect to their children’s school; 300 million messages are transmitted between schools and parents each year, and more than £ 15 million in transaction payments are processed each month. IRIS is ranked in the Sunday Times PwC Top Track 250 and Megabuyte50. It is Great Place to Work® certified and recognized as one of the UK’s best places to work, one of the UK’s best tech workplaces and one of the best places to work for women. from the United Kingdom.

To see how IRIS helps organizations get it right the first time, every time, visit www.irisglobal.com or follow IRIS Software Group on LinkedIn, Twitter and Instagram.

About AccountantsWorld

Most accounting and payroll solution providers have chosen to grow their businesses by offering accounting software and payroll services directly to clients of accountants. This approach has weakened accountants’ control over these core business services and hampered their ability to better serve their clients.

Since 2000, AccountantsWorld has been committed to returning control of accounting and payroll services to accountants. Tighter control of these services helps accountants better serve their clients, increase their profits, and regain a sense of pride in their work. Today, AccountantsWorld offers a complete suite of professional accountant-centric cloud solutions to thousands of CPA firms for accounting, payroll processing, document management, client portals, after-the-fact payroll and management. cabinet. For more information on any of AccountantsWorld’s cloud solutions, please visit www.accountantsworld.com.

About Yvonne Lozier

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