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IRIS Software Group joins forces with Dext Software to revolutionize cloud accounting

Published on
17/12/2024
Amended on
17/12/2024
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IRIS Software Group, world leader in mission-critical software and services, announces the acquisition of Dext Software, a key player in accounting automation. This strategic alliance is set to improve the efficiency and productivity of accountants and businesses worldwide.
By
Charles Pinsolle
Charles Pinsolle
This article has been automatically translated. Please excuse any inaccuracies or translation errors.

An alliance for a complete, connected offering

The integration of Dext into the IRIS Software group, a company featured in Vintage Altaroc Odyssey 2022, marks a turning point in the digitalization of accounting services. On the one hand, IRIS provides cloud tools dedicated to payroll, human resources and tax. On the other, Dext offers solutions for automating accounting tasks via artificial intelligence, simplifying the management of financial flows. Together, the two platforms will offer a coherent, high-performance suite to meet the diverse needs of accountants and entrepreneurs.

The acquisition tackles a major challenge for professionals: "application fatigue", caused by the use of multiple disconnected tools. Thanks to single sign-on (SSO) and seamless data integration, users will benefit from a simplified, global view of their operations, optimizing their time and resources.

A shared vision for the future of accounting

Elona Mortimer-Zhika, CEO of IRIS Software Group, underlines the importance of this acquisition: "This union embodies our commitment to providing the most secure and efficient cloud solutions. We want to free our customers from time-consuming tasks, so that they can concentrate on their growth. IRIS has been supporting chartered accountants for 46 years, and with Dext we are reaffirming this mission on a global scale."

A strategic transaction for accelerated growth

Thanks to this agreement, IRIS will inject additional capital into Dext's projects, strengthening its integration program with over 35 software platforms and 11,500 banks. By promoting an open strategy compatible with other accounting tools, IRIS and Dext guarantee professionals maximum flexibility.

Once finalized, this transaction should enable both companies to strengthen their position in the global market and offer an optimized user experience. Sabby Gill, CEO of Dext, will join the IRIS global management team to lead this transition.

A revolution announced for cloud accounting

With this acquisition, IRIS Software Group confirms its role as a pioneer in technological innovation applied to accounting. This merger should not only simplify the lives of professionals, but also pave the way for new opportunities for accounting firms and companies worldwide.

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