IRIS Payroll Services: The Ultimate Guide
IRIS Payroll Software Group is the U.K.’s leading provider of business-critical software solutions and services to the accountancy, payroll and education sectors. Its portfolio includes IRIS, KashFlow, Taxfiler, Cascade, Keytime and Earnie. Before implementing ESS, please review the IRIS HRM Listing of Employees by Department and Home Unit with Work Cycle [XLSX] spreadsheet to verify that your employees’ work cycles are correct. This is especially important for supervisors who have alternate work weeks.
If you would like to learn more about payroll service numbers, you can do so here .
IRIS Payroll
IRIS Software is a global provider of mission-critical software and one of the U.K.’s largest privately owned companies. They provide software and services for finance, H.R., payroll teams, and accountancy firms to take the pain out of processes so that professionals can focus on what matters most. The company’s products include IRIS Payroll Business, iTrent, KashFlow, BioStore, Taxfiler, Star, Earnie, ParentMail, Cascade, P.S. Financials, and School Asset Manager. IRIS Software is headquartered in London, United Kingdom.
IRIS also recently acquired Apex HCM, a cloud-based H.R. and payroll software provider used by over 250 payroll service bureaus (PSBs) and certified public accounting (CPA) firms. Choate represented Apex HCM, a portfolio company of Serent Capital, in this transaction. The acquisition enhances IRIS’s capabilities in the U.S. lower mid-market.
What is Iris Payroll?
IRIS Payroll Services is a UK-based payroll outsourcing company that provides comprehensive payroll solutions to businesses of all sizes. IRIS offers a range of payroll services designed to simplify and streamline payroll processes, ensuring accuracy and compliance with payroll regulations.
Iris Packages
IRIS Cascade HRi
Staffology HR By IRIS
IRIS Networx
IRIS Cascade HRi is perfect
for mid-sized to enterprise-level organisations who want to simplify their HR processes.
Staffology HR, our cloud-based HR software, streamlines core HR processes to save you time and money.
Our fully integrated, easy-to-use recruitment software improves applicant tracking and recruitment.
What Do IRIS Payroll Offer?
Fully managed payroll services allow clients to hand over all payroll duties to the provider and free up their time to focus on more profit-orientated tasks. IRIS can also handle specialist and industry-specific compliance needs, such as local government pension schemes, teachers’ pensions, CIS, and expatriate payroll.
IRIS Payroll Business, designed for SMEs, automates processing, helping businesses and accountancy practices run payroll more efficiently. It complies with RTI and Automatic Enrolment legislation and calculates PAYE and N.I. Contributions and supports a variety of deductions. The software is available in several U.K. currencies and can file HMRC forms. Unlike Moorepay, it does not provide a solution for U.S.-based companies. Its customer support is available through a phone call or online chat.
How Much Does IRIS Payroll Cost?
Iris fully managed payroll services are an excellent option for businesses outsourcing their entire payroll department. Their internationally recognised U.K. payroll teams are all CIPP qualified and guarantee smooth management of your company’s payroll.
The software allows employees to check their pay slips online and includes a comprehensive absence and holiday diary. The platform also provides online filing and compliance tools and unlimited phone and online customer support. The system automatically calculates PAYE, N.I. and other U.K. statutory payments.
Iris also offers a free, entry-level software package for micro businesses. Compared to many competitor software packages and PEOs charging hundreds of dollars per month for similar functionality, this is an impressive offering. Moreover, IRIS also offers a variety of add-ons, such as legal consultation for H.R. issues.
Who are IRIS Payroll Suitable For?
IRIS Software Group has acquired Paycheck Plus, a best-in-class managed payroll service provider for businesses and educational organisations. The CIPP-accredited company’s renowned focus on accuracy, timeliness and compliance perfectly complements IRIS’s broader managed payroll services portfolio and philosophy.
Whether you use the fully automated IRIS Managed Payroll or a bolt-on package, you can be confident that the experts at IRIS will take care of your entire payroll process. This leaves you free to concentrate on the day-to-day running of your business.
IRIS also provides a free Payroll Basics package for microbusinesses, allowing them to run a compliant payroll efficiently. As your business grows, you can easily upgrade to one of the paid payroll packages, including IRIS Payroll Business. Employees can access all their payroll documents via an online PC, Mac or smartphone portal.
IRIS Payroll History
IRIS is one of the U.K.’s biggest payroll software companies.
It aims to remove the pain from everyday mission-critical tasks for people working in businesses, schools and accountancy firms.
For example, it helps them keep up with their RTI and automatic enrolment obligations and calculates PAYE, National Insurance, and other U.K. statutory payments for less than ten employees.
It also provides unlimited phone and online customer support.
It’s also useful for those who need to monitor absence and holiday diaries while allowing them to access their payslips via an e-payslip portal.
This allows employees to manage their data and records all documentation sent over for audit purposes.
This is particularly important during the lockdown as it can save time and resources.
IRIS Payroll Services aims to simplify payroll management for businesses by providing efficient and accurate payroll processing, ensuring compliance with HMRC requirements, and offering additional HR and payroll-related support.
By outsourcing payroll to IRIS, businesses can focus on their core operations while entrusting payroll tasks to experienced professionals.
Hi, I’m Ally Cox, one of the leading Copywriter/Bloggers at CompareYourBusinessCosts.co.uk, a platform renowned for its in-depth analysis and comprehensive comparisons of business services. With over a decade of experience in the industry, I bring a wealth of expertise in areas such as leased lines, VoIP, business energy and office solutions, HR solutions, accounting, and payroll services, among others.
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