IRIS Software Group expands international managed payroll services offering with APS Global acquisition
7th September 2021: IRIS Software Group (IRIS), one of the UK’s largest privately owned software companies, is today announcing it has acquired APS Global, a leading provider of managed payroll services for the commercial, education and healthcare sectors in the UK and internationally.
APS Global provides managed payroll and P11D services to employers in the UK and around the world. Its payroll services are designed to provide businesses with payroll they can trust and remove the time-consuming burden of complying with ever-changing payroll legislation.
The acquisition comes at a time of significant growth in UK employment, with the unemployment rate at a low of 4.9%. This growth, coupled with changing working styles and employment legislation, is contributing to the ever-growing burden of payroll for businesses and demand for trusted, reliable payroll services.
Founded in 2009, APS Global currently processes over 11,000 payslips per month and supports upwards of 220 customers across the commercial, healthcare, and education sectors in the UK and internationally. The leading managed payroll service provider handles all types of payroll, regardless of frequency or size, and its solutions complement IRIS’ broader managed payroll services portfolio and philosophy – to take the pain out of processes and enable professionals to focus on the work they love.
This move demonstrates IRIS’ commitment to continue to invest in broadening its service offerings for existing and new customers. It marks the next stage in IRIS’ mission to increase its reach and market share in the managed payroll services arena as part of its long-term ‘build, buy, partner’ strategy.
Over decades, IRIS has built unrivalled knowledge and expertise in payroll software, delivering huge efficiencies to payroll teams so they can focus on growing their business. Over six million employees globally – one in five of the UK’s workforce – are paid by IRIS payroll offerings.
Elona Mortimer-Zhika, CEO of IRIS Software Group says, “Our acquisition of APS Global marks another step in our mission to deliver world-class managed payroll services for businesses and educational organisations. Payroll is becoming ever more complex and the growing administrative burden is holding many organisations back. Our goal is to remove this load and support business success.
“We are delighted to welcome APS Global to the IRIS family and are excited about what we can achieve together.”
Adam Armstrong of APS Global comments, “The last year and a half has proven businesses of all shapes and sizes need the right support to manage their payroll processes, especially in such challenging and fast-changing environments. We’ve spent over a decade at APS Global working with businesses and educational organisations delivering services that provide more freedom and flexibility so they can focus on what matters most – their people. We’re delighted to be joining the IRIS family. With their incredible resources and support, we’ll be able to take our offering to the next level.”
About IRIS Software Group
IRIS Software Group is one of the UK’s largest privately held software companies. It exists to take the pain out of processes and let professionals working in businesses and schools focus on the work they love.
IRIS provides software solutions and services for finance, HR and payroll teams, educational organisations, and accountancy firms that helps them comply with regulations, drive productivity and better engage with key stakeholders. Through simplifying, automating and providing insights on everyday mission-critical tasks for organisations of all shapes and sizes, IRIS ensures customers can look forward with certainty and confidence.
IRIS has over 100,000 UK and international customers with 80% having a tenure of five or more years. IRIS is the largest third-party online filer with the UK Government. Ninety of the top 100 UK accountancy firms and 50 of the top 100 US CPA firms use IRIS software. Circa 20% of the UK’s workforce is paid by IRIS payroll offerings. More than 850,000 UK employees are managed by IRIS HR solutions. Over 12,000 UK schools and academies use IRIS, with four million parents and guardians using IRIS apps to connect with their children’s school; 300 million messages are delivered between schools and parents each year, and over £15 million transactional payments are processed every month. IRIS is placed in the Sunday Times PwC Top Track 250 and the Megabuyte50, and is certified as Great Place to Work ®.
For all media enquiries, please contact:
Emma Lawton | IRIS@octopusgrp.com | 07539 713 763