IRIS Software Group partners with Telleroo to deliver faster payroll payments

New integration enables businesses to optimise payment timing and process payroll with enhanced flexibility and security

IRIS Software Group (IRIS), a leading global provider of accountancy, education, HR, and payroll software and services, has partnered with Telleroo to bring Faster Payments to payroll.

The collaboration will deliver a reliable, efficient and secure way for modern businesses to manage payroll, helping them improve cash flow and ease the pressure of payment deadlines. As part of this partnership, the Faster Payments tool will be integrated as a core feature of IRIS Payroll Services and made available to its 5,500+ customers, extending payroll submission deadlines by up to two additional days.

The IRIS-Telleroo partnership replaces the three-day BACS payment cycle with near instant Faster Payments, giving payroll teams two additional days before submission deadlines. This eliminates the rigid timing constraints of traditional payment methods, providing crucial flexibility for high-frequency payroll runs, last-minute adjustments or year-end schedules like Christmas. The result is improved operational efficiency, reduced risk and complete payment certainty, all while maximising cash flow and maintaining full security.

Stephanie Coward, Managing Director for HCM at IRIS, said: “In modern business, payroll teams shouldn’t have to battle archaic payment methods that restrict their flexibility. Our latest partnership with Telleroo eliminates the delays and tight constraints of traditional payroll processing, giving organisations back precious time and control. This is an essential step forward for operational efficiency, ensuring employees are paid accurately, securely and almost instantly – every time.”

The partnership also introduces a range of robust security and compliance features to enhance visibility across payroll operations and prevent against fraud, including:

• Financial-grade security to ensure safe and secure payment processing
• Enhanced accuracy with automatic error alerts to notify users when payee details are updated, also protecting against potentially fraudulent activity
• Flexible approval workflows include compatibility with Telleroo’s mobile app, so approvers can sign off on payments on-the-go from a secure, trusted platform

Kayleigh Graham, Head of Partnerships and Growth at Telleroo, said: “Together, we’re helping businesses cut down on admin, reduce risk, and ensure employees get paid on time, every time. Clients can approve payments wherever they are, giving them more control and peace of mind. It’s about making payroll payments simple, secure, and stress free.”

To learn more about IRIS’ payroll solutions and services, click here.

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