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Osu vs IRIS Elements: Which Is Better Accounting Software?


Last Updated: 20 May 2025
Reviewed By: Ian Wright (Managing Director)

Which accounting software is better Osu or IRIS Elements?

We compare them based on real user reviews, prices and what features they both offer.

Osu homepageIRIS Elements homepage
 

Osu vs IRIS Elements Basics

OsuIRIS Elements
Software WebsiteOsu WebsiteIRIS Elements Website
HMRC MTD StatusNot IncludedIn Development
Who Can Use It?Accountants and Self-employedBusinesses and Accountants
HMRC Listed FeaturesSelf-employed individuals and freelancersNone
PlatformsMobile and webCloud-based application
Note data for this section comes from HMRC here and here

Osu vs IRIS Elements Reviews

Wondering if Osu or IRIS Elements has better user reviews. We compared them below.

OsuIRIS Elements
Trustpilot Rating4.53.6
Number of Trustpilot Reviews491616
iPhone App RatingNo RatingNo Rating
Number of iPhone ReviewsNo ReviewsNo Reviews
Android App RatingNo RatingNo Rating
Number of Android ReviewsNo ReviewsNo Reviews
Please note ratings we’re accurate at the time of writing but may have since changed

Osu vs IRIS Elements Prices

Which is cheaper Osu or IRIS Elements? Here are their prices compared.

Osu pricingIRIS Elements pricing

Free Plans & Trials

OsuIRIS Elements
Free Plan?YesNo
Free Trial?NoYes
Free Trial Length?No30 days
Data taken from each company’s website at the time of writing but may have since changed.

Paid Plan Prices

OsuIRIS Elements
Cheapest Plan Cost Per Month£0.00£3.00
Mid-Tier Plan Cost Per Month£13.99£9.00
Top Plan Cost Per Month£25.99£25.60
Data taken from each company’s website at the time of writing but may have since changed.

Osu vs IRIS Elements Features

Osu featuresIRIS Elements features

Osu Basic Features

  • Unlimited Payment requests /mo
  • Payment limit /mo – £1,000
  • Invoices /mo – 10
  • Payment reminders /mo – 25
  • CRM contacts – 100
  • Instant payments
  • Direct settlement
  • Zero transaction fees
  • Professional invoicing
  • Invoice itemisation
  • Invoice download
  • Booking and scheduling
  • Daily schedule view
  • Customer payment widget
  • Business customisation
  • Logo upload
  • Automated reminders
  • Payment push notifications
  • Client notes
  • In-app communications
  • PayPal integration
  • Stripe integration
  • 24/7 customer support

Osu Software Integrations

  • PayPal
  • Stripe

IRIS Elements Basic Features

  • Sole Trader & Partnerships​
  • Limited Company FRS105, FRS 102S1A & Dormant​
  • Simple chart of accounts – fixed account descriptions​
  • Simple trial balance entry​
  • Direct electronic filing to Companies House​

IRIS Elements Software Integrations

  • KashFlow
  • Xero
  • Quickbooks
  • HMRC

Common Feature Comparison

OsuIRIS Elements
Payroll Software IntegrationNoYes
Track VATNoYes
VAT FilingNoYes
Real-Time Financial ReportsNoYes
Prepare Self AssessmentNoYes
Income Tax EstimatesNoYes
Manage Income & ExpensesYesNo
Create InvoicesYesYes
Forecast Cash FlowNoYes
Accept and Make Payments In Different CurrenciesNoNo
Employee Time TrackingYesNo
ProjectsNoNo
Bank Feed IntegrationYesYes
End of Year FilingsNoYes
Capture Bills And ReceiptsYesNo
Bulk Reconcile TransactionsNoNo
Track Inventory & Stock LevelsNoNo

OsuIRIS Elements
Pros
  • Free plan
  • Automatically issues an invoice with your business details and logo
  • Automatically extracts the data
  • Free trial
  • Making Tax Digital Ready
  • Automated Compliance
Cons
  • No app
  • Low review score
  • No app

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