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List of IRIS Financials Consolidation Customers

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Logo Customer Industry Empl. Revenue Country Vendor Application Category When SI Insight
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.
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.
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.
Gates Cambridge Trust Non Profit 50 $12M United Kingdom IRIS Software IRIS Financials Consolidation Financial Consolidation and Close 2013 n/a
In 2013 Gates Cambridge Trust implemented IRIS Financials Consolidation from IRIS Software to centralize statutory and period-end aggregation and reporting under the Financial Consolidation and Close category. The decision followed a market review where size fit, flexibility and price ruled out several alternatives and IRIS stood out during conference engagement and follow-up demonstrations. The deployment established core consolidation and close workflows, consolidation reporting and an intuitive user interface designed for a small nonprofit finance team. During vendor demonstrations the Trust was shown additional functions within IRIS Financials Consolidation such as electronic procurement and web-based staff expenses that were noted as potential future modules. The implementation preserved easy access to historical accounting data from Sage to support continuity of financial records and period-on-period consolidation. Operational coverage concentrated on the finance function at the Trust, with configuration and controls calibrated to the organization size and nonprofit accounting requirements. Selection governance emphasized demonstration-led requirements validation, price comparison and specialist charity expertise uncovered at an ICAEW conference. Reported system outcomes included straightforward usability and accessible historical data, positioning IRIS Financials Consolidation to meet the Trusts Financial Consolidation and Close needs.
Glyndebourne Opera Non Profit 227 $17M United Kingdom IRIS Software IRIS Financials Consolidation Financial Consolidation and Close 2014 n/a
In 2014 Glyndebourne Opera implemented IRIS Financials Consolidation to centralize financial control across its two charities and trading company, deploying a Financial Consolidation and Close application to support complex reporting and VAT requirements. The system was live after two months, introduced during a period of organisational change and shifting VAT regulations that required rapid configurability. IRIS Financials Consolidation was configured to deliver core consolidation and ledger capabilities, automated VAT calculation for partial exemption, real time accounting visibility, exception reporting, and packaged management reporting. The ledger was adapted to capture production level cost allocations and venue level reporting, enabling in‑house production of Tour accounts and consolidated statements without additional post audit processing. The implementation integrated with Glyndebourne payroll processes and the Tessitura CRM driven box office, membership, and fundraising systems, allowing daily sales and refund transactions to flow into the financial application. Payroll timesheet and detailed pay allocation data were imported directly into IRIS Financials Consolidation, supporting both monthly and weekly payroll reconciliation and production level cost distribution. Rollout followed a train the trainer programme, where IRIS trained one staff member who then cascaded training to finance and non finance users, embedding new workflows and reducing external training spend. Operational governance shifted to enable non finance staff to check budgets and resolve routine queries directly in the Financial Consolidation and Close system, while finance focused on exception handling and oversight. Reported outcomes included faster month end insight and reduced paper through emailed management reports, lower implementation costs, and the ability to grow transaction volume without increasing finance headcount. VAT processing for cultural exemption and partial exemption was automated, and a previously manual payment process that took one day was reduced to one hour through spreadsheet import and system processing.
Non Profit 70 $5M United Kingdom IRIS Software IRIS Financials Consolidation Financial Consolidation and Close 2013 n/a
Leisure and Hospitality 475 $42M United Kingdom IRIS Software IRIS Financials Consolidation Financial Consolidation and Close 2013 n/a
Non Profit 8000 $913M United Kingdom IRIS Software IRIS Financials Consolidation Financial Consolidation and Close 2015 n/a
Non Profit 100 $10M United Kingdom IRIS Software IRIS Financials Consolidation Financial Consolidation and Close 2013 n/a
Non Profit 897 $51M Ireland IRIS Software IRIS Financials Consolidation Financial Consolidation and Close 2012 n/a
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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.