Frappe Technologies

Asia Pacific

IRIS RegTech Solutions
IRIS RegTech Solutions Improves Financial Operations with ERPNext

About

IRIS RegTech Solutions

IRIS RegTech Solutions Limited is a global RegTech company that develops technology solutions for financial and regulatory reporting. The company helps businesses and regulators meet compliance requirements using international reporting standards and digital technologies.

Apps implemented

ERPNext

Industry

Professional services

modules implemented

Help people to use our tools

We believe our tools like ERPNext can help organizations reduce waste and complexity. Frappe + ERPNext has the potential to be a “full stack” replacement for not only ERP (SAP/Oracle) but also the entire enterprise stack (Java/.NET). With this scope, we should help organizations by providing products and services to help them manage their technology platforms.

Why ERPNext over SAP B1 / Oracle

100% FOSS

Customizable

Future-ready

Challenges

With operations spread across multiple countries and a growing customer base, IRIS needed a business system that could support complex financial processes while reducing manual work.

  • Preparing segment-wise Profit and Loss reports required significant manual effort and relied heavily on spreadsheets.
  • The company needed to manage Indian statutory compliance through an external GST Suvidha Provider (GSP) while keeping financial records accurate.
  • Revenue recognition involved multiple business scenarios and required better control within the ERP system.
  • Finance teams spent considerable time consolidating information from different sources before generating reports.
  • Existing processes created additional administrative work and made it difficult to access business information quickly.

As the business expanded, the company wanted a system that could improve efficiency without increasing operational overhead.

Benefits

ERPNext provided IRIS with a centralized platform to manage finance, procurement, sales, reporting, and statutory compliance.

  • Finance and Accounts modules helped streamline accounting processes and improve financial reporting.
  • ERPNext Insights provided better visibility into business performance through centralized dashboards and reports.
  • Buying and Selling modules simplified procurement and sales operations by bringing them into one system.
  • Integration with the IRIS GST Suvidha Provider (GSP) supported Indian statutory compliance while keeping financial processes connected.
  • Revenue recognition processes became easier to manage with standardized workflows.
  • Teams relied less on manual spreadsheets and email communication, allowing employees to focus on higher-value work.

Impact

Successful on-time ERPNext go-live

Increased sales order to cash

Increased inventory turnover

The ERPNext implementation helped IRIS improve efficiency across its finance and business operations.

  • Excel usage was reduced by 65%, significantly lowering the dependency on manual spreadsheets.
  • Internal email communication related to operational processes decreased by 75%, improving collaboration through a shared ERP platform.
  • Better reporting enabled faster access to financial and operational information for management.
  • Standardized business processes improved consistency across departments.
  • Improved operational efficiency helped the company manage business growth while keeping headcount stable over the last two years.

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Share your story with the world

Inspire people by sharing how Frappe has positively impacted your business.

Submit a story

Share your story with the world

Inspire people by sharing how Frappe has positively impacted your business.

Submit a story