IRIS Software Group Acquires Swipeclock

Acquisition to accelerate Swipeclock's product roadmap, advance channel partnership success, and broaden IRIS' portfolio of integrated HCM offerings in the US SMB market 

LONDON and SOUTH JORDAN, Utah, May 15, 2024 /PRNewswire/ -- IRIS Software Group (IRIS), a leading global software provider of accounting and payroll solutions, today announced the acquisition of Swipeclock, a U.S. technology leader in small and medium sized business workforce management solutions through its cloud platforms, WorkforceHub and ApplicantStack. The acquisition accelerates innovation within Swipeclock's cornerstone products and expands IRIS' integrated Human Capital Management (HCM) suite, which includes payroll, HR, recruitment and talent management offerings. 

"Swipeclock is an excellent addition to the IRIS product portfolio and team. By bringing WorkforceHub and ApplicantStack into our core accountancy and HCM product families, we are broadening the solutions we deliver to customers by enhancing the capability and value of their technologies and businesses," said Jim Dunham, President and General Manager of IRIS Software Group Americas. "I'm so pleased to combine forces with a company like Swipeclock that is investing in the future of work and bringing core technologies like geofencing and facial recognition time tracking to market. Together, we are making best-in-class product features available to businesses of all sizes." 

While workforce management solutions have always been essential in managing professional services businesses, shift work environments, variable pay models, and high-security workplaces – the landscape is even more complex in today's rapidly-changing gig and task/project oriented-economy. Companies are increasingly leveraging contractors to manage cost, employees are opting to work remotely with hybrid or flexible schedules, and Gen Z workers are choosing project-based roles over traditional career paths. For those managing talent resources, this new marketplace has increased complexity around recruitment, payroll, time tracking, and attendance – and it has redefined the technology needed for both efficiency and compliance.