Based on its description, the software can't be installed on a VM because it needs very sophisticated functions to work with devices or cameras. No, you can't install the software in a VM, because you need to install the drivers for the controllers and necessary biometrics plus the firmware for all these.
You can try, of course, but it's impossible to say if it will work properly.
Downloads page: http://www.sensoraccess.co.uk/downloads/