Click here to close now.

SYS-CON MEDIA Authors: Pat Romanski, Elizabeth White, Kevin Jackson, Peter Silva, Greg Wind

News Feed Item

IRIS Acquires Cascade to Provide a Broader Range of HR & Payroll Solutions to UK Businesses

DATCHET, England, April 28, 2014 /PRNewswire/ --

IRIS Software Group, the UK market leader in accountancy and payroll software, is today announcing that it has agreed to acquire Cascade, a leading provider of HR and payroll solutions.

With a joint customer base of over 60,000 UK businesses, this acquisition reinforces the position of IRIS as a leading player in the provision of business critical software solutions. In particular the combined business now has a broader product set to include HR solutions alongside the IRIS payroll & KashFlow bookkeeping applications that will appeal to many UK organisations.

Founded in 1992 by Alan Jones and his fellow directors, Cascade has carefully evolved a market-leading HR suite based on robust technology, excellent client services and support. The business has grown rapidly since 2005 supporting many of the UKs leading companies with their HR and payroll needs. The terms of the transaction were not disclosed.

The combination of IRIS and Cascade is compelling, extending the IRIS product set into an important, adjacent market and adding a business with a strong history of growth, an experienced management team and excellent customer base. In turn, IRIS provides an opportunity to underpin the success of Cascade by providing access to over 60,000 customers, many of whom will appreciate Cascade's professional HR solutions.

Alan Jones will remain as Managing Director of the Cascade Division of IRIS, alongside his fellow directors, with the mission of continuing to grow the business in line with recent performance, whilst taking advantage of the combined resources of the larger group.

Phill Robinson, Chief Executive Officer of IRIS Software Group, said:    

"Cascade's superb HR suite is an excellent fit with our payroll solutions and I am confident that it will strengthen the IRIS position - providing business critical solutions to UK SMEs. I am delighted that the Cascade team will become part of the wider IRIS Software Group, HR is a clear adjacency for our market and an area that has become increasingly complex for businesses in the past decade. Our joint goal is to make it easier for our customers." 

Alan Jones, Founder and Managing Director of Cascade said:  

"We are very excited to join forces with IRIS, which we have known and respected for many years. It's the natural next step in Cascade's evolution, allowing us access to a whole range of resources, skills and ideas as well as the extensive IRIS client base. We have a brilliant team at Cascade and they will be a huge asset to IRIS as we now move forward together." 

The corporate finance team at accountancy and business advisory firm BDO LLP in Yorkshire, led by M&A partner Jason Whitworth, were lead advisers to the shareholders at Cascade. Law firm Walker Morris provided legal advice.

About IRIS Software Group 

With 34 years' experience, the IRIS Software Group provides business critical software and services to the UK accountancy and SME sectors. Over 60,000 small and medium-sized companies including 15,500 accountancy practices rely on IRIS every day to run their business and collaborate, with around 93,000 end-users subscribing to IRIS cloud solutions.

IRIS offers the greatest range of specialist accountancy and payroll solutions - delivered as a choice of integrated on premise software and cloud-based applications - managed under the leading IRIS, PTP, Drummohr, KashFlow and Earnie product brands.

In accountancy, IRIS is the most trusted software provider in the UK today with over 98% customer retention for its core products, 60% of the top 50 practices as customers and 2.9 million tax returns successfully filed with HMRC each year.

As a leading provider of payroll and bookkeeping software IRIS serves SMEs, corporates, payroll bureaus and a number of industry sectors including 50% of UK GP practices. More than 10% of UK businesses pay their employees via IRIS payroll solutions.

Follow us on Twitter @irisaccountants @irispayroll @kashflow

For further information visit, http://www.iris.co.uk

About Cascade HR Ltd 

Cascade is an award-winning provider of fully integrated HR software and HMRC recognised payroll software. With proactive modules including core HR, Payroll, Training, Recruitment, Online Recruitment, Self Service, Workflow, Auto Enrolment, Timesheets and Expenses, Cascade has over 530 clients in a variety of sectors.

Cascade HR software can suit any size organisation and has the capability to adapt as human resources and payroll requirements change.

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
In 2015, 4.9 billion connected "things" will be in use. By 2020, Gartner forecasts this amount to be 25 billion, a 410 percent increase in just five years. How will businesses handle this rapid growth of data? Hadoop will continue to improve its technology to meet business demands, by enabling businesses to access/analyze data in real time, when and where they need it. Cloudera's Chief Technologist, Eli Collins, will discuss how Big Data is keeping up with today's data demands and how in t...
The best mobile applications are augmented by dedicated servers, the Internet and Cloud services. Mobile developers should focus on one thing: writing the next socially disruptive viral app. Thanks to the cloud, they can focus on the overall solution, not the underlying plumbing. From iOS to Android and Windows, developers can leverage cloud services to create a common cross-platform backend to persist user settings, app data, broadcast notifications, run jobs, etc. This session provide...
Modern Systems announced completion of a successful project with its new Rapid Program Modernization (eavRPMa"c) software. The eavRPMa"c technology architecturally transforms legacy applications, enabling faster feature development and reducing time-to-market for critical software updates. Working with Modern Systems, the University of California at Santa Barbara (UCSB) leveraged eavRPMa"c to transform its Student Information System from Software AG's Natural syntax to a modern application lev...
The 5th International DevOps Summit, co-located with 17th International Cloud Expo – being held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the...
While DevOps most critically and famously fosters collaboration, communication, and integration through cultural change, culture is more of an output than an input. In order to actively drive cultural evolution, organizations must make substantial organizational and process changes, and adopt new technologies, to encourage a DevOps culture. Moderated by Andi Mann, panelists will discuss how to balance these three pillars of DevOps, where to focus attention (and resources), where organizations m...
Participants will reach the final if their IoT solution is liked. A community vote will determine the best solutions submitted in each country, after which an expert jury will select the national winners and the best international IoT solution. Each country's best solution can win a national marketing campaign worth up to €30,000 and become a partner in Deutsche Telekom's participating markets. The winning international solution can become partner of Deutsche Telekom Group across all eight coun...
ProfitBricks has launched its new DevOps Central and REST API, along with support for three multi-cloud libraries and a Python SDK. This, combined with its already existing SOAP API and its new RESTful API, moves ProfitBricks into a position to better serve the DevOps community and provide the ability to automate cloud infrastructure in a multi-cloud world. Following this momentum, ProfitBricks has also introduced several libraries that enable developers to use their favorite language to code ...
Health care systems across the globe are under enormous strain, as facilities reach capacity and costs continue to rise. M2M and the Internet of Things have the potential to transform the industry through connected health solutions that can make care more efficient while reducing costs. In fact, Vodafone's annual M2M Barometer Report forecasts M2M applications rising to 57 percent in health care and life sciences by 2016. Lively is one of Vodafone's health care partners, whose solutions enable o...
SYS-CON Events announced today that Vicom Computer Services, Inc., a provider of technology and service solutions, will exhibit at SYS-CON's 16th International Cloud Expo®, which will take place on June 9-11, 2015, at the Javits Center in New York City, NY. They are located at booth #427. Vicom Computer Services, Inc. is a progressive leader in the technology industry for over 30 years. Headquartered in the NY Metropolitan area. Vicom provides products and services based on today’s requirements...
Dave will share his insights on how Internet of Things for Enterprises are transforming and making more productive and efficient operations and maintenance (O&M) procedures in the cleantech industry and beyond. Speaker Bio: Dave Landa is chief operating officer of Cybozu Corp (kintone US). Based in the San Francisco Bay Area, Dave has been on the forefront of the Cloud revolution driving strategic business development on the executive teams of multiple leading Software as a Services (SaaS) ap...
How do you securely enable access to your applications in AWS without exposing any attack surfaces? The answer is usually very complicated because application environments morph over time in response to growing requirements from your employee base, your partners and your customers. In his session at 16th Cloud Expo, Haseeb Budhani, CEO and Co-founder of Soha, will share five common approaches that DevOps teams follow to secure access to applications deployed in AWS, Azure, etc., and the frict...
VoxImplant has announced full WebRTC support in the newest versions of its Android SDK and iOS SDK. The updated SDKs, which enable audio and video calls on mobile devices, are now compatible with the WebRTC standard to allow any mobile app to communicate with WebRTC-enabled browsers, including Google Chrome, Mozilla Firefox, Opera, and, when available, Microsoft Spartan. The WebRTC-updated SDKs represent VoxImplant's continued leadership in simplifying the development of real-time communication...
What exactly is a cognitive application? In her session at 16th Cloud Expo, Ashley Hathaway, Product Manager at IBM Watson, will look at the services being offered by the IBM Watson Developer Cloud and what that means for developers and Big Data. She'll explore how IBM Watson and its partnerships will continue to grow and help define what it means to be a cognitive service, as well as take a look at the offerings on Bluemix. She will also check out how Watson and the Alchemy API team up to off...
The IoT Bootcamp is coming to Cloud Expo | @ThingsExpo on June 9-10 at the Javits Center in New York. Instructor. Registration is now available at http://iotbootcamp.sys-con.com/ Instructor Janakiram MSV previously taught the famously successful Multi-Cloud Bootcamp at Cloud Expo | @ThingsExpo in November in Santa Clara. Now he is expanding the focus to Janakiram is the founder and CTO of Get Cloud Ready Consulting, a niche Cloud Migration and Cloud Operations firm that recently got acquir...
The 17th International Cloud Expo has announced that its Call for Papers is open. 17th International Cloud Expo, to be held November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, APM, APIs, Microservices, Security, Big Data, Internet of Things, DevOps and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding bu...