Educational Finance Managed!
June 29, 2024

Educational Finance Managed!

Anonymous | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Overall Satisfaction with IRIS Financials

Our multi academy trust uses IRIS Financials to centralize each of our establishments financial data, allowing central staff to gain an insightful overview of of budgets, keep track of purchase orders, and provide account information to auditors in an efficient way. Previously each our our establishments worked in silo and this created an inefficient way of working. IRIS Financials has helped us unify our working practices and build a stronger financial company position.

Pros

  • Payroll
  • Remote Access
  • Reporting

Cons

  • Cost
  • Support
  • Better Integration with HR/MIS
  • Time savings
  • greater record accuracy
  • greater visibility of budgets
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.
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.

Do you think IRIS Financials delivers good value for the price?

Yes

Are you happy with IRIS Financials's feature set?

Yes

Did IRIS Financials live up to sales and marketing promises?

Yes

Did implementation of IRIS Financials go as expected?

Yes

Would you buy IRIS Financials again?

Yes

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.

IRIS Financials Feature Ratings

8.0
Accounts payable
8
Accounts receivable
Not Rated
Cash management
Not Rated
Bank reconciliation
Not Rated
Expense management
Not Rated
Time tracking
Not Rated
Fixed asset management
Not Rated
Multi-currency support
Not Rated
Multi-division support
Not Rated
Regulations compliance
Not Rated
Electronic tax filing
Not Rated
Self-service portal
Not Rated
Global Financial Support
Not Rated
Primary and Secondary Ledgers
Not Rated
Intercompany Accounting
Not Rated
Localizations
Not Rated
Journals and Reconciliations
Not Rated
Enterprise Accounting
Not Rated
Configurable Accounting
Not Rated
Centralized Rules Framework
Not Rated
Standardized Processes
Not Rated
Not Rated
Inventory tracking
Not Rated
Automatic reordering
Not Rated
Location management
Not Rated
Manufacturing module
Not Rated
Not Rated
Pricing
Not Rated
Order entry
Not Rated
Credit card processing
Not Rated
Cost of goods sold
Not Rated
Order Orchestration
Not Rated
End-to-end order visibility
Not Rated
Order exception Resolution
Not Rated
Not Rated
Pay calculation
Not Rated
Benefit plan administration
Not Rated
Direct deposit files
Not Rated
Salary revision and increment management
Not Rated
Reimbursement management
Not Rated
Not Rated
Dashboards
Not Rated
Standard reports
Not Rated
Custom reports
Not Rated
Not Rated
API for custom integration
Not Rated
Plug-ins
Not Rated
Not Rated
Role-based user permissions
Not Rated
Single sign-on capability
Not Rated

Comments

More Reviews of IRIS Financials

  1. Home
  2. Accounting Software
  3. IRIS Financials Reviews
  4. User Review of IRIS Financials