IRIS FMP

A detailed review of IRIS FMP's payroll software with pricing, comparisons to competitors, key info, and FAQs.

Updated on April 24th, 2023

The SMB Guide is reader-supported. When you buy through links on our site, we may earn an affiliate commission. Learn more

IRIS FMP is a payroll solution that offers comprehensive attendance management, check printing, and in-depth reporting, among other features. Originally known as Teamspirit Payroll, IRIS acquired the software in recent years.

Also Consider

Gusto Payroll Software

Set up an account free.

Try Gusto

No extra fees.

Made for mobile.

Auto tax filing and digital paystubs.

At-a-Glance:

Feature

IRIS FMP

Price

From £50.00 +VAT /mo.

Global payroll services

Third-party disbursements

Multiple pay rates

Tax reporting

Garnishments

x

UK-based account manager

Customer support

Phone and email.

Review:

IRIS FMP provides small businesses and sole traders with comprehensive payroll processing and reporting solutions. The platform also offers a dedicated account manager and outsourced payroll tools for efficient accounting and HR operations.

While ideal for users with international payroll needs, IRIS FMP lacks several core features, such as automated taxes, garnishments, and additional time-tracking tools. Local businesses may want to look elsewhere, such as Sage HRMS, for more robust tax filing services.

Pros:

  • IRIS FMP offers fully managed payroll services tailored to users' individual needs.
  • The software includes online payslips and payments, payslip distribution, and audited payroll calculations.
  • The platform allows for international payroll processing.
  • Other services include BACS payments, third-party disbursements, file management, and multicurrency support.
  • The user dashboard gives businesses access to task lists, calendar notifications, and deadlines.
  • There are in-depth payment and payroll reporting tools available.

Cons:

  • IRIS FMP does not offer advanced tax filing solutions.
  • The software features limited third-party integrations.
  • The platform lacks garnishments, time tracking, and expense management tools.

Reputation:

We were unable to find any online reviews of IRIS FMP.

Pricing:

IRIS FMP's pricing starts at £50.00 +VAT per month. Interested users can fill out the site's online contact form for a custom quote.

IRIS FMP vs. Sage HRMS
IRIS FMP vs. Sage HRMS:

IRIS FMP and Sage HRMS both cater to U.K.-based businesses and allow for global payroll. Of the two, Sage HRMS has a wider variety of services on offer, including automated taxes, garnishments, and time tracking tools. While IRIS FMP's pricing starts at £50.00 +VAT per month, users need to contact Sage HRMS for pricing.

IRIS FMP vs. Sage HRMS Comparison:

Feature

IRIS FMP

Sage HRMS

Price

From £50.00 +VAT /mo.

Contact for quote.

Online payments and pay slips

Advanced reporting

Automated taxes

x

Document management

Customer support

Phone and email.

Phone and email.

IRIS FMP vs. Merit Payroll
IRIS FMP vs. Merit Payroll:

IRIS FMP and Merit Payroll both offer multiple payment schedules, online pay slips, and advanced reporting. However, Merit Payroll may be the better choice for users in search off additional time tracking and expense management tools. While IRIS FMP's pricing starts at £50.00 +VAT per month, Merit Payroll does not disclose pricing on its website.

IRIS FMP vs. Merit Payroll Comparison:

Feature

IRIS FMP

Merit Payroll

Price

From £50.00 +VAT /mo.

Contact for quote.

Direct deposits

x

Online payments and pay slips

Time tracking

x

Global payroll

x

Customer support

Phone and email.

Phone, email, and live chat.

IRIS FMP vs. Telleroo
IRIS FMP vs. Telleroo:

While IRIS FMP and Telleroo both cater to U.K.-based businesses, only the former is ideal for users in search of global payroll processing. By contrast, Telleroo may be the better option for a wider range of accounting tools, including cashflow monitoring and API access. Telleroo is also the more affordable choice, charging £35.00 per month.

IRIS FMP vs. Telleroo Comparison:

Feature

IRIS FMP

Telleroo

Price

From £50.00 +VAT /mo.

From £35.00 /mo.

Online payments and pay slips

Bank information management

x

International payroll

Tax filing

x

x

Customer support

Phone and email.

Phone, email, and live chat.

Key Information:

Legal Name

IRIS FMP

Founder

Justin Cottrell

Founding Date

Jan 01, 1979

Address

4th Fl., Heathrow Approach, 470 London Rd., Slough, England SL3 8QY United Kingdom

Number of Employees

350

Number of Customers

1000

Email

contact@fmpglobal.com

Telephone

20 1293 789940

Website

https://fmpglobal.co.uk/

FAQs:

What is IRIS FMP?

IRIS FMP is a U.K.-based payroll platform that helps small businesses and sole traders efficiently manage payroll, payment, and reporting tasks.

What is IRIS FMP's price range?

IRIS FMP's pricing starts at £50.00 +VAT per month. Interested users can fill out the site's online contact form for a custom quote.

Is there a IRIS FMP free trial?

No, IRIS FMP does not offer a free trial.