HR ANALYTICS

IRIS Software Group and Western Union Collaborate to Serve Global Payroll & Payments Worldwide

IRIS Software Group | May 18, 2021

IRIS Software Group one of the UK's leading software providers, and Western Union Business Solutions, the payments arm of the Western Union Company, a global leader in cross-border, cross-currency money transfer and payments, formed a five-year international partnership today to provide streamlined payroll and payments solutions globally.

This collaboration would meet the rising need for world-class, cross-border payroll and currency transfers for multinational organizations. It enables in-house teams and specialist suppliers to execute payrolls in vast numbers, increasing employee satisfaction and peace of mind anywhere they are located.

Employee location has been less relevant in the last year, but the uncertainty of diverse cultures and regulatory regimes tends to restrict access to global talent pools. Western Union and IRIS Software Group are collaborating to remove these obstacles for the benefit of all customer stakeholders, with payroll, finance, HR, and operational teams now seeing payroll as the secret gem to employee wellbeing and peace of mind, allowing them to focus on their own business.

IRIS FMP is a valued partner in worldwide payroll, benefits, payments, and HR solutions; IRIS payroll offerings pay approximately 20% of the UK population, and IRIS HR and payroll solutions serve 90% of the global workforce. Western Union Business Solutions provides organizations with the tools they need to send, receive, and manage international payments through a multinational network that spans 200 countries and territories.

Payroll managers and accountants can calculate and process employee salaries due to IRIS FMP's technology and expertise. Western Union's platform, along with their experience, enables them to assist with ensuring the workers are compensated properly, from one to thousands, across various currencies and nations. All partners carry geographic expertise to the table, resulting in an end-to-end process that allows workers to distribute their employees' pay as smoothly as possible across the world.

The exceptional alliance is built on collaboration, transparency, and openness, with both companies recognizing the value that long-term partnerships create.

About IRIS Software Group

IRIS provides software solutions and services to finance, HR, and payroll teams, educational organizations, and accounting companies to help them comply with regulations, increase efficiency, and engage with key stakeholders. IRIS ensures customers can look forward with certainty and trust by simplifying, automating, and offering insights on everyday mission-critical tasks for organizations of all sizes.

IRIS has over 100,000 the UK and international clients, with 80% having been with the company for five years or more. IRIS is the UK Government's largest third-party online filer. IRIS software is used by 90 of the top 100 UK accounting firms and 50 of the top 100 US CPA firms. IRIS payroll services pay about 20% of the UK workforce. IRIS HR solutions handle over 850,000 staff in the United Kingdom. IRIS is used by over 12,000 UK schools and academies, and four million parents and guardians use IRIS apps to communicate with their children's school; 300 million messages are sent between schools and parents each year, and over £15 million in transactional payments are processed each month.

About Western Union

Western Union is a global leader in cross-border and cross-currency money movement and transfers. Western Union's platform enables smooth cross-border transactions, and the leading global financial network connects more than 200 countries and territories, as well as more than 130 currencies. It connects companies, financial institutions, governments, and consumers through one of the world's largest networks, with access to billions of bank accounts, millions of digital wallets and cards, and over 500,000 retail locations. Western Union connects the world, bringing countless possibilities within reach.

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