List of IRIS Financials Consolidation Customers
IRIS Software
470 London Road,
Slough, SL3 8QY,
United Kingdom
Slough, SL3 8QY,
United Kingdom
44 34 4815-5555
Professional Services
1750
$375M
Since 2010, our global team of researchers has been studying IRIS Financials Consolidation customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased IRIS Financials Consolidation for Financial Consolidation and Close from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using IRIS Financials Consolidation for Financial Consolidation and Close include: Plan International, a United Kingdom based Non Profit organisation with 8000 employees and revenues of $913.0 million, Ecclesiastical Insurance, a United Kingdom based Insurance organisation with 1249 employees and revenues of $382.0 million, United Response, a United Kingdom based Non Profit organisation with 3500 employees and revenues of $310.0 million, The Diocese of Oxford, a United Kingdom based Non Profit organisation with 2000 employees and revenues of $200.0 million, Assura, a United Kingdom based Construction and Real Estate organisation with 66 employees and revenues of $153.0 million and many others.
Contact us if you need a completed and verified list of companies using IRIS Financials Consolidation, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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Assura | Construction and Real Estate | 66 | $153M | United Kingdom | IRIS Software | IRIS Financials Consolidation | Financial Consolidation and Close | 2008 | n/a |
In 2008, Assura implemented IRIS Financials Consolidation to bring together the finances of its three main business divisions. IRIS Financials Consolidation, a Financial Consolidation and Close application, was selected to centralize the group ledger and standardize consolidated reporting across the organization, and it was chosen over a number of other providers.
The implementation focused on central consolidation functionality typical of Financial Consolidation and Close systems, including a central consolidation engine, standardized chart of accounts alignment, intercompany eliminations and period close workflows. IRIS Financials Consolidation was configured to deliver consolidated financial statements and standardized reporting templates to the corporate finance team and divisional controllers.
Assura had been operating different software packages within its main business divisions and central finance, including Pastel, Sage and Manhattan, which did not interface and had reached limits of functionality. The IRIS implementation was configured to interface with those divisional systems to streamline data collection into the central consolidation layer, covering finance operations across the three divisions and the central corporate finance function while the estate of roughly 300 property sites remained in operational property systems.
Governance was tightened by introducing centralized consolidation processes and a single source of consolidated information to improve the way Assura manages financial information. The IRIS Financials Consolidation deployment supported the company through a period of rapid business growth and improved consolidated information management as described by Assura.
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Ecclesiastical Insurance | Insurance | 1249 | $382M | United Kingdom | IRIS Software | IRIS Financials Consolidation | Financial Consolidation and Close | 2012 | n/a |
In 2012 Ecclesiastical Insurance implemented IRIS Financials Consolidation as its Financial Consolidation and Close solution. The decision followed a vendor short list that included Navision, Coda Group and Sage, with IRIS selected for its user-focused interface and fit to the insurer’s accounting and business management needs.
The deployment of IRIS Financials Consolidation was configured to support core accounting and business management workflows, financial reporting and a Web Portal based Self Service layer using IRIS User Defined Input functionality. IRIS delivered customizations to enable insurer-specific processing, notably a bespoke one-off payments capability that was not available out of the box, and the system provided real-time data updates to the central database and a Windows based user interface preferred over the previous Unix based package from QSP Group.
Operational coverage centered on Ecclesiastical’s Finance Department and its network of UK offices, with budget holders enabled to input and authorise orders through the Self Service portal, and the Gloucester based group credit management team using statement output from IRIS Financials Consolidation as part of their submissions. Access and data governance were implemented through configurable security parameters to restrict critical information while simplifying access for multiple users, and post go live IRIS provided technical guidance and training to embed new workflows.
Since implementation Ecclesiastical reported streamlined processes and time and cost savings, faster production of in-depth financial reports and online access to profit and loss statistics by product line, all delivered via IRIS Financials Consolidation and its reporting and portal capabilities.
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Frontier | Automotive | 17 | $15M | Japan | IRIS Software | IRIS Financials Consolidation | Financial Consolidation and Close | 2015 | n/a |
In 2015, Frontier implemented IRIS Financials Consolidation to resolve fragmented purchasing and reporting workflows across the business. The deployment used IRIS Financials Consolidation in the Financial Consolidation and Close category to centralize invoicing, purchase order control, and consolidated financial reporting for finance, procurement, development requestors, and budget holders.
The implementation configured electronic invoice processing and automated purchase order validation so POs are checked before being posted into the financial ledger. An automated approval workflow was established to route purchase requests to the correct approvers, preventing bypass of procurement procedures and enforcing standard coding and approval policies. Consolidated reporting capabilities were enabled to replace manual, time consuming reporting processes and to provide clearer visibility into purchasing and company finances.
Operationally the project removed the need for cross system reconciliation by consolidating transaction capture into a single system, addressing prior communication gaps between the finance system and Jira based purchase submissions. Frontier worked directly with an IRIS consultant named Cameron during configuration and testing, and continued engagement with their IRIS project manager has supported follow on work such as statutory reporting exploration. The scope of the rollout covered finance and procurement functions and extended to budget holders and the development team as request originators.
Governance and process changes included stricter procurement workflow controls, automated approval routing, and reduced manual allocation work for the coding team. Outcomes explicitly reported by Frontier include elimination of duplicate purchase orders, fewer coding adjustments, full budget holder buy in to the purchase process, automated reporting that frees administrative time, and tightened control over purchasing.
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Non Profit | 50 | $12M | United Kingdom | IRIS Software | IRIS Financials Consolidation | Financial Consolidation and Close | 2013 | n/a |
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Non Profit | 227 | $17M | United Kingdom | IRIS Software | IRIS Financials Consolidation | Financial Consolidation and Close | 2014 | n/a |
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Non Profit | 70 | $5M | United Kingdom | IRIS Software | IRIS Financials Consolidation | Financial Consolidation and Close | 2013 | n/a |
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Leisure and Hospitality | 475 | $42M | United Kingdom | IRIS Software | IRIS Financials Consolidation | Financial Consolidation and Close | 2013 | n/a |
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Non Profit | 8000 | $913M | United Kingdom | IRIS Software | IRIS Financials Consolidation | Financial Consolidation and Close | 2015 | n/a |
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Non Profit | 100 | $10M | United Kingdom | IRIS Software | IRIS Financials Consolidation | Financial Consolidation and Close | 2013 | n/a |
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Non Profit | 897 | $51M | Ireland | IRIS Software | IRIS Financials Consolidation | Financial Consolidation and Close | 2012 | n/a |
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Buyer Intent: Companies Evaluating IRIS Financials Consolidation
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| Logo | Company | Industry | Employees | Revenue | Country | Evaluated | ||
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FAQ - APPS RUN THE WORLD IRIS Financials Consolidation Coverage
IRIS Financials Consolidation is a Financial Consolidation and Close solution from IRIS Software.
Companies worldwide use IRIS Financials Consolidation, from small firms to large enterprises across 21+ industries.
Organizations such as Plan International, Ecclesiastical Insurance, United Response, The Diocese of Oxford and Assura are recorded users of
IRIS Financials Consolidation for Financial Consolidation and Close.
Companies using IRIS Financials Consolidation are most concentrated in Non Profit, Insurance and Construction and Real Estate, with adoption spanning over 21 industries.
Companies using IRIS Financials Consolidation are most concentrated in United Kingdom, with adoption tracked across 195 countries worldwide. This global distribution highlights the popularity of IRIS Financials Consolidation across Americas, EMEA, and APAC.
Companies using IRIS Financials Consolidation range from small businesses with 0-100 employees - 40%, to mid-sized firms with 101-1,000 employees - 33.33%, large organizations with 1,001-10,000 employees - 26.67%, and global enterprises with 10,000+ employees - 0%.
Customers of IRIS Financials Consolidation include firms across all revenue levels — from $0-100M, to $101M-$1B, $1B-$10B, and $10B+ global corporations.
Contact APPS RUN THE WORLD to access the full verified IRIS Financials Consolidation customer database with detailed Firmographics such as industry, geography, revenue, and employee breakdowns as well as key decision makers in charge of Financial Consolidation and Close.