IRIS Unveils Practice in a Box Solution For Accounting Firms

IRIS Software Group, the London-based accounting and payroll solutions provider, recently launched Practice in a Box, an all-in-one solution designed to simplify accounting firms’ workflows and allow them to grow more profitably.

Built on the IRIS Elements cloud-based platform, Practice in a Box combines essential accounting services into one seamless and easy-to-use bundle, the company said in a media release. For newly established firms, it simplifies essential tasks like compliance, tax filing, and practice management. For existing firms, Practice in a Box streamlines the transition from desktop to cloud, eliminating inefficiencies and freeing up valuable time for accountants to focus on delivering high-value services to their clients.

IRIS’s Practice in a Box helps accounting practices and firms maximize their potential and improve client satisfaction through five distinct features, all managed from one user-friendly dashboard:

Comprehensive onboarding and compliance tools: Ensures all aspects of client and practice onboarding are handled efficiently, including anti-money laundering compliance.
Integrated practice management: Helps streamline practice operations—from tax and income management to record-keeping and client communication.
Tailored outsourcing services: Allows practices to delegate tasks and focus on core activities.
Integrated Microsoft 365 suite: Enables seamless collaboration and productivity with the latest Microsoft 365 tools.
Modern website creation: Built-in encryption capabilities and SEO optimization helps practices build an online presence while ensuring security and accessibility.

“With the increasing complexity of managing an accounting practice, it’s crucial for firms to have access to a solution that simplifies operations while ensuring compliance and efficiency. 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,” Mark Chambers, managing director of accountancy at IRIS Software Group, said in a statement. “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.”

For more information about IRIS’s new Practice in a Box solution, click here.