A Newcastle software business  has announced a major contract with a global business that has more than 3,500 employees.

Software as a Service (SaaS) business Reclaro specialises in providing strategy software to help companies connect their strategic goals with day-to-day operations.

As an innovative start-up with a team of five, Reclaro is based within a thriving co-working space in the heart of Newcastle on Grainger Street. The hub, run by Tus Park, helps tech entrepreneurs and other aspiring new businesses grow and develop their offering in a space conducive to nurturing and forms a key part of the North East tech eco-system.

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Founding CEO, Pete Wilkinson from East Boldon, explained that London and Manchester based IRIS Software Group has grown exponentially in the last 12 months which has prompted a more strategic approach to its business productivity and effectiveness.

“Our cloud-based software solution helps ambitious growing businesses execute their strategy quickly and effectively with interactive performance monitoring.

"IRIS Software Group is a leading global player in the Human Capital Management, Accountancy and Education software and services, and we’re delighted they’ve chosen Reclaro to supply strategy execution software for them.”

The software is intuitive and works on an algorithm that provides visual “traffic light” reports in real time. It also features an AI programme to help customers create their own strategic action plans, moving away from that feeling of ‘staring at a blank screen’.

"We are thrilled to have IRIS Software Group as a customer and believe our product's simplicity played a crucial role in their selection,” added Pete.

Derived from the Spanish expression 'remain clear,' the name Reclaro reflects a commitment to clarity and simplicity in a world where alternative solutions in the market can be over-engineered.