Accounting and payroll solutions provider IRIS Software Group has announced a strategic referral partnership with business finance company Payro Finance aimed at helping small to medium-sized businesses maneuver through temporary cash flow challenges and ensure payroll is always covered.
Through this collaboration, businesses using IRIS payroll solutions will gain access to Payro Finance’s short-term lending services—designed to act as a “backup parachute” in moments of financial strain, the companies said. The offering provides an immediate line of credit to fund payroll during times of economic volatility, delayed receivables, or other short-term disruptions.
“Payroll is the lifeblood of your business, and when timing is critical, a solution like Payro helps keep the heartbeat strong,” Jim Dunham, president and general manager of IRIS Americas, said in a statement. “By referring customers to Payro Finance, we’re strengthening our long-standing commitment to helping SMBs manage complex payroll, HR, and compliance needs with confidence. Together, we can offer peace of mind through an assurance policy that helps protect their most important asset: their people.”
Key features of the collaboration include:
- Fast and flexible funding for a short-term safety net: Businesses can apply in under five minutes, receive approval within two days, access funds the same day, and pay the loan back in one to four weeks.
- Low rates: Financing options with rates as low as 1.5% per week and no fees until funds are drawn.
- Seamless integration: Looking ahead, IRIS will offer direct access to Payro through its IRIS Payroll solution. And, IRIS clients of more than one year—such as existing Apex HCM users—may be eligible for a free $20,000 payroll line of credit.
“By partnering with Payro Finance, IRIS has taken a real and meaningful approach to client relationships, showcasing their deep understanding of businesses’ needs—even the unspoken ones,” said Greg Javins, chief revenue officer of Payro Finance. “Many small business owners struggle with cash flow, and it is Payro’s mission to bring those owners peace of mind when it comes to ensuring their employees are paid on time, every time.”
Learn more about IRIS at www.IRISGlobal.com. Learn more about Payro Finance at https://payrofinance.com.
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Tags: cash flow, Human Resources, IRIS, Payroll, Small Business, Technology
