IRIS Software Group has introduced Practice in a Box, an all-in-one accountancy solution designed to streamline workflows and enhance profitability for accountancy practices.
The new offering is built on the IRIS Elements cloud-based platform and aims to simplify operations for both new and established firms.
Practice in a Box is a comprehensive bundle that integrates essential accountancy services, facilitating tasks such as compliance, tax filing, and practice management, the company said.
For newly established firms, it offers a simplified approach to essential tasks, while existing firms can benefit from a seamless transition to cloud-based operations, thus eliminating inefficiencies.
The solution provides five key features, all accessible from a single user-friendly dashboard. These include comprehensive onboarding and compliance tools, integrated practice management, tailored outsourcing services, an integrated Microsoft 365 suite for collaboration, and modern website creation tools with built-in encryption and SEO optimisation.
The onboarding and compliance tools within Practice in a Box is designed to ensure efficient handling of client and practice onboarding, including Anti Money Laundering compliance.
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By GlobalDataThe integrated practice management feature streamlines various practice operations, enhancing tax and income management, record-keeping, and client communication, the company added.
The inclusion of Microsoft 365 suite facilitates seamless collaboration, and the modern website creation tools enable practices to establish a secure and accessible online presence.
IRIS Software Group accountancy managing director Mark Chambers said: “Practice in a Box is designed to combine all the necessary tools in one place, enabling practices to thrive in a highly competitive market by focusing on what they do best: serving their clients and growing their businesses.
“IRIS has always been committed to providing innovative solutions that help our customers stay ahead of industry changes and demands. This industry-first is the culmination of our extensive experience and deep understanding of the challenges faced by accounting practices, with Practice in a Box offering a one-stop solution that is both comprehensive and easy to implement.”
