#London #United Kingdom #Practice Management #IRIS Software #CPA Firms

IRIS Software Group Launches IFM Core to Enhance CPA Firm Management

In an era where accounting firms face mounting pressures to modernize and meet the complexities of client demands and regulatory compliance, IRIS Software Group has risen to the occasion with a groundbreaking solution. The launch of IRIS Firm Management Core (IFM Core) marks a pivotal shift in practice management tools tailored for mid-sized CPA firms across the United States.

Efficient and Accessible Practice Management

The new IFM Core is not just a product but a response to the growing need for swift and effective practice management solutions. With over 45 years of experience in the accountancy sector, IRIS Software has cultivated a reputation for developing industry-leading software designed with the unique needs of accountancy firms in mind. This latest offering provides firms with a pre-configured and streamlined version of their enterprise-proven IRIS Firm Management platform, enabling firms to become fully operational in as little as two to three weeks.

Jim Dunham, the President, and General Manager of Americas at IRIS Software Group, highlighted the urgency many CPA firms face today. As the busy tax season approaches—often leaving firms with a mere 90 days to prepare—the launch of IFM Core comes as a welcome relief. With this innovative product, firms no longer have to compromise between speed and sophistication. Dunham aptly summarizes this sentiment by stating, "We've distilled our decades of enterprise expertise into a solution that is fast to implement, powerful enough to scale with growth, and flexible enough to meet firms where they are today."

Unmatched Features for Modern Challenges

IFM Core equips accounting firms with a suite of essential practice management capabilities designed to optimize operations and facilitate growth. Key features include integrated time tracking, billing, financial management, and compliance tools. These features are specifically created to help CPA firms streamline their operations efficiently, ensuring they remain competitive in a fast-paced environment.

Notably, IFM Core stands in stark contrast to traditional practice management systems that often burden firms with long implementation processes and inflexible frameworks. Instead, IFM Core emphasizes the following business benefits:

• - Rapid ROI: CPA firms can implement the system within two to three weeks, and begin to see measurable returns in a mere 30 to 60 days.
• - Scalable Growth: IFM Core can grow alongside firms, avoiding the need for costly system replacements and maximizing growth opportunities.
• - Deeper Insights: The platform provides enterprise-grade visibility and key performance indicators (KPIs), empowering firm leaders to make informed and strategic decisions.
• - Connected Ecosystem: With top-notch integrations available with Microsoft Business Central and Axpium, IFM Core provides firms with flexibility while eschewing vendor lock-in.

A Solution for All Sized Firms

For years, mid-sized practices have found themselves trapped between outdated legacy systems and inflexible software solutions catering exclusively to small firms or massive enterprises. IFM Core shifts this paradigm by offering medium-sized practices access to the same depth of operational expertise and enterprise-grade functionality that larger entities typically enjoy, but in a more adaptable and manageable package.

Dunham sheds light on IRIS's commitment to understanding the genuine needs of accounting firms: “Over the last 45 years, we’ve learned that success for accounting firms isn't just about technology — it’s about truly understanding their pressures, workflows, and growth paths.” This insight has undoubtedly driven the development of IFM Core.

Preparing for the Tax Season

As tax season looms, CPA firms looking to enhance their practice management capabilities can leverage the insights shared in IRIS's upcoming webinar titled 'Get Ready for Tax Season in Weeks', scheduled for October 8. Interested participants can register for this session to explore effective implementation strategies and best practices.

For further information on how IFM Core can transform your firm, visit the IRIS Software Group website.

About IRIS Software Group

Founded in 1978, IRIS Software Group has established itself as a global provider of mission-critical, cloud-hosted software solutions tailored for diverse sectors, including finance, education, and accounting. Serving over 100,000 customers across 135 countries, IRIS is recognized for simplifying complex processes, ensuring compliance, and enabling growth for organizations of varying sizes. Additionally, the company is proud to have been recognized as a 2025 Great Place to Work® in multiple countries, including the UK and the USA. Stay connected with IRIS through their social media channels: Facebook, Twitter, Instagram, and LinkedIn.