IRIS Software Group acquires myPay Solutions

Published by

Stephen Emerson

IRIS Software Group (IRIS) has acquired myPay Solutions from Thomson Reuters.

The financial aspects of the deal have not been revealed.

Accountancy software firm Iris are based in Slough while, the UK operations of myPay, an online payroll processing service, are in Cheadle south of Manchester. Their main customer base is in the USA where they have customers in all fifty states. The acquisition will further open those markets to Iris Software.

Elona Mortimer-Zhika, CEO of IRIS Software Group says, “We are thrilled to welcome myPay Solutions to the IRIS family and are proud of this latest milestone as we continue to supercharge our presence in the Americas.

"IRIS is committed to delivering the best-of-breed software solutions accounting firms require to successfully manage and grow their firm in today’s evolving business landscape, and myPay Solutions is an ideal addition to our payroll solutions portfolio.

"Our complete suite of offerings gives accountants the flexibility to handle payroll in-house or through the payroll processing service, providing them with options to simplify their unique payroll requirements and focus on introducing new value-added services to drive their growth.”

Earlier this month, IRIS Software Group acquired Networx, a provider of Applicant Tracking System (ATS) and recruitment software and services.

The acquisition boosts IRIS’ human capital management (HCM) offering through Networx’s integrated recruitment software, used by in-house recruitment teams and HR professionals through the talent acquisition process.

Stephen Emerson

Stephen Emerson is the Managing Editor of The Business Magazine and is responsible for the publication's print publications and online properties including the newly launched Biz News websites in Hampshire and Dorset. Stephen has been a journalist for 20 years and has worked at local, regional and national publications and led a team which made The Scotsman website one of the fastest growing news sites in the UK with over eight million monthly users. He has a keen interest in technology, property and corporate finance and telling the stories of the people behind the successful firms in these sectors.