Deals

IRIS Software Group (IRIS), one of the UK’s largest software companies, is today announcing it has acquired Staffology, a UK cloud payroll application.

Founded in 2018 by Duane Jackson, Staffology is cloud payroll software built on an open API, enabling integration with other products.

Jackson, founder and CEO of Staffology said of the deal: “IRIS shares my vision for the evolution of payroll. SaaS-based integration and productivity are going to be crucial for every business in the coming year; the combination of IRIS’s substantial expertise and Staffology’s innovative approach to payroll means customers can benefit from best-in-class solutions.”

IRIS boasts over 120,000 UK and international customers and is the largest third-party online filer with the UK Government.

The firm reports a rapid acceleration in digital transformation and adoption, based on cloud technology, and said it believes the ability to integrate and manage cloud applications, such as payroll, can make a substantial difference as organisations recover in 2021.

Kevin Dady, Executive Chairman of IRIS Software Group said: “Businesses are demanding critical operational software that’s suitable for remote working, that can be quickly updated when regulations change, and take advantage of greater flexibility and agility as payroll demands fluctuate.

“With the accelerated need for digital technologies, the Staffology application is perfectly placed for small to mid-sized businesses that need to access payroll in the cloud.”

“We are delighted that Duane is joining us and look forward to seeing his entrepreneurial talents in SaaS development both flourish and add strategic value to IRIS.”