# IRIS acquisition enables accountants to add greater value to their clients
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2016-09-28
Category: TECHNOLOGY
Category URL: https://financedigest.com/category/technology
Meta Title: IRIS Software Group Acquires Level10 Ltd & Gearshift Software
Meta Description: Learn how IRIS accountants can enhance client services with Gearshift's forecasting and reporting capabilities to make smarter business decisions in the
URL: https://financedigest.com/iris-acquisition-enables-accountants-to-add-greater-value-to-their-clientshtml

![undefined](https://prod.superblogcdn.com/site_cuid_cm5qst7v3003gwirgwqtxn8i8/images/img0045-1833-1736844481596-compressed.jpg)

IRIS Software Group has agreed to acquire Level10 Ltd including its forecasting and reporting software Gearshift; enabling accountants to provide greater value to their clients in the run up to Making Tax Digital.

Gearshift provides IRIS accountants with reporting and forecasting capabilities, enabling them to deliver high-value advisory services to their clients through its integration with KashFlow. The forecasting software is designed to predict long and short term funding needs more accurately, making more from data and informing smarter business decisions.

The acquisition comes at a time when the accountancy industry is going through its biggest change in recent history, moving towards HMRC’s Making [Tax Digital](https://www.financedigest.com/self-employed-taxpayers-and-making-tax-digital.html "Self-employed taxpayers and Making Tax Digital") strategy. This is an [opportunity for accountants to demonstrate the real added value to their customers and ensure they build](https://www.financedigest.com/prefabricated-building-system-markets-advanced-research-growth-opportunities-in-global-industry-by-2025-edited-by-leading-research-firm.html "Prefabricated Building System Market’s advanced Research & Growth Opportunities in Global Industry by 2025 Edited by Leading Research Firm") stronger partnerships.

Kevin Dady, CEO of IRIS, says, “As we move closer to Making Tax Digital, it is crucial accountants demonstrate additional [value to their customers](https://www.financedigest.com/the-importance-and-growth-of-banking-ecosystems-to-create-superior-customer-experiences-and-value.html "The importance and growth of banking ecosystems to create superior customer experiences and value"). While this is significant, we see this as an opportunity for practices of all sizes to utilise innovative technology tools to deliver financial and [business consultancy; ultimately bring accountants closer to their clients while guiding them through the transition.”](https://www.financedigest.com/how-to-start-a-consulting-business.html "How To Start A Consulting Business")

Kevin Cowan, managing director of Level10, adds, “It is becoming increasingly important for accountants to be able to produce financial information quickly, easily and in a format clients can understand. It’s exciting for Gearshift to be part of the next chapter in financial management.”

Gearshift will be re-branded into different editions for accountants and businesses; introducing a bundled edition of KashFlow that will include the new functionality.


---
This blog is powered by Superblog. Visit https://superblog.ai to know more.
---