This tutorial covers basic use of the canvases system in Daz Studio with Iray. I've used the GIMP for compositing, with the free .exr plugin you can get here:
https://github.com/yorikvanhavre/gimp...
Or if you have the budget, Affinity Photo handles .exrs better than GIMP while still being much, much cheaper than PhotoShop:
https://affinity.serif.com/en-us/photo/