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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    IRIS Financials

    Score9 out of 10
    N/AN/AN/A

    NMI Merchant Central

    Score8.8 out of 10
    N/ANMI Merchant Central, formerly IRIS CRM, is a payments-focused Customer Relationship Management (CRM) platform for independent sales organizations, banks, payment facilitators, and software providers. It manages the merchant lifecycle from prospecting and onboarding through underwriting, boarding, support, residuals, reporting, and portfolio management.N/A
    Pricing
    IRIS FinancialsNMI Merchant Central
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    IRIS FinancialsNMI Merchant Central
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Features
    IRIS FinancialsNMI Merchant Central
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of IRIS Financials and NMI Merchant Central
    Feature
    IRIS Financials
    8.0
    1 Ratings
    5% above category average
    NMI Merchant Central
    -
    Ratings
    Accounts payable8.01 Ratings00 Ratings
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    IRIS FinancialsNMI Merchant Central
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    Score8.3 out of 10
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    All AlternativesView all alternativesView all alternatives
    User Ratings
    IRIS FinancialsNMI Merchant Central
    Likelihood to Recommend
    9.0
    (1 ratings)
    9.0
    (3 ratings)
    Usability
    9.0
    (1 ratings)
    9.0
    (1 ratings)
    Support Rating
    -
    (0 ratings)
    9.0
    (1 ratings)
    User Testimonials
    IRIS FinancialsNMI Merchant Central
    Likelihood to Recommend
    IRIS Software Group
    Iris Financials meets our needs by providing a single platform for our finance users to access real time data. This is aided by accurate reporting which can be accessed over the cloud or on premise, we chose the cloud solution. Our users report that the system is methodical and matches out working processes.
    Incentivized
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    Network Merchants, LLC (NMI)
    It’s been 2 years since IRIS CRM is supporting me by supporting my business and I have seen enormous progress in my business so far which is a really good sign and is enough for me to be satisfied with it. According to me and as I have observed it is fully loaded with many useful tools that can help in uplifting a business. Removes the manual cycle from me entering every people's hours exclusively. We really evaluated Bullhorn cover and tab it was not awful by any means.
    Incentivized
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    Pros
    IRIS Software Group
    • Payroll
    • Remote Access
    • Reporting
    Incentivized
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    Network Merchants, LLC (NMI)
    • the new clients can be onboarded within minutes and this stands out among other competitive applications
    • has ROI calculator within the website making it hassle free
    • Shows up risk flags of clients with special monitorX
    Incentivized
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    Cons
    IRIS Software Group
    • Cost
    • Support
    • Better Integration with HR/MIS
    Incentivized
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    Network Merchants, LLC (NMI)
    • Some minor design issues in the record communication interface. For example, replying to an existing email thread within the record set does not capture the entire communication or signatures.
    • Workflow customization is not easy for all users and can require some coding skills on the back end.
    • Linking forms from external websites is one feature that isn't very intuitive. Some leads are better inputted manually.
    Incentivized
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    Usability
    IRIS Software Group
    Once implemented Iris Financials is fairly intuitive to use. Our staff report that they can use the system comfortably after only a few hours of training. Depending on any previous systems that you use implementation can be quite lengthy but the migration team we dealt with worked with us and helped us to get the most out of setup experience.
    Incentivized
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    Network Merchants, LLC (NMI)
    It is a wonderful software with an automated messaging service. It has helped us in having a better knowledge of our customer’s needs, preferences, and habits, and by knowing all these we have improved our business. Security is my basic concern and the fact that it has a disabled human element from the business equation are the things that I don’t really like in it.
    Incentivized
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    Support Rating
    IRIS Software Group
    No answers on this topic
    Network Merchants, LLC (NMI)
    It has enabled us to keep a record of the demographics of our clients and eventually we can develop a better understanding of our clients that will lead us to uplift our business. With its amazing sales tool, we have developed a strong relationship with our clients, and helped us in creating a good brand image. We really adore the convenience of managing and reporting data. It is quite easy to handle and all our business is depended on it and it helped us in gaining more loyal customers.
    Incentivized
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    Alternatives Considered
    IRIS Software Group
    FMS was used previously in our organization but it lacked any central overview (MAT View) which made it difficult to manage and collect/analyze data . IRIS Financials added this much needed central layer to assist our CFO and finance users, and transfer them in to a central way of working.
    Incentivized
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    Network Merchants, LLC (NMI)
    The one thing I loved about the agreement express over AuditGenius was the organization of loans to be audited, it is very organised as per the client and his portfolio and shows up flags while the AuditGenius has the list and seems very odd. But also in customer usage, I found many of my business partners using agreement express for the quick onboarding and also for ROI which indeed gave me a strong feeling about the application.
    Incentivized
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    Return on Investment
    IRIS Software Group
    • Time savings
    • greater record accuracy
    • greater visibility of budgets
    Incentivized
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    Network Merchants, LLC (NMI)
    • The cost is a bit higher than other options (~$1300/mo), which can be seen as a negative in an absolute sense.
    • The improvement in workflow management has been significant, and has saved at least 50 man-hours per week across our organization.
    • Accurate rolling sales data reporting has been critical in defining quality metrics. This benefit is more indirect, but it has allowed us to better respond to changes in customer complaint trending.
    Incentivized
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