DealsFinTech

IRIS Software Group has acquired Senta, a firm which develops cloud software for accountancy practices. 

The move by Slough-headquartered IRIS, one of the UK’s largest software companies, comes as accountancy professionals prepare their small business clients for the forthcoming Making Tax Digital (MTD) reporting in April 2023.  

Founded in 2014, Bristol-based Senta aims to make accountancy practices more profitable and scalable with a ‘customer-first’ approach. 

The software will be integrated into IRIS Elements, the dynamic SaaS platform designed by customers that allows them to move to the cloud at their own pace. 

“IRIS Elements was conceived as customers told us they needed to simply and instantly access the relevant business tools to transform their firms,” Kevin Dady, executive chairman of IRIS Software Group, said. 

“Senta joining the IRIS family allows us to revolutionise the cloud practice management market, delivering the functionality they require today, regardless of location.” 

“IRIS’ heritage, combined with our 120,000 customers, investment in cloud technology, sector expertise and direct customer engagement enables us to deliver truly best in class software for the accountancy industry.” 

James Kilford, CEO and founder of Senta, said: “We know practices are building advisory relationships with their clients and of course there’s even more compliance…this year has shown the need for great tools at the heart of the practice. 

“We’ve spent six years listening to practices, building features and working hard to look after our clients. With the incredible IRIS resources and working with an amazing IRIS team we’ll be able to take our solution to the next level.  

We couldn’t be more excited about IRIS investing in Senta and joining the IRIS family.”