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Iris Ltd., which has acquired practice and document management packages in the United States in the last three years has acqured MyPay Solutions from Thomson Reuters. Terms were not disclosed.
MyPay offers outsourced payroll and associated banking and tax services via CPA firms to small and medium-sized U.S. businesses.
That adds MyPay to a group of companies purchased by Iris, which is based in the United Kingdom, that serve American tax and accounting firms. These include practice management businesses, AccountantsWorld, Practice (formerly Practice Engine) and Star, along with document management systems Doc-It and Conac.
Iris said it is continuing to invest in services that deliver payroll whether software, white labelled services or a hybrid model.
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards. Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that. A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind