KashFlow has become the first online accounting software provider to join forces with new internet mail service ViaPost. The new partnership means users can now post invoices, reminder letters and statements without ever having to touch an envelope or lick a stamp.
The service can save up to 50% on the total cost of sending out invoices, reminder letters and statements.
KashFlow managing director Duane Jackson said,
“We’re always keen to find new ways of using technology to make life easier for small businesses. After being the first and only accounting software with seamless PayPal integration, this is another first to add to our list.
“The ability to send items through the post without having to physically print and post yourself is something a lot of our customers have been asking for, so we’re delighted to be able to announce a partnership with ViaPost to deliver exactly that.”
On a personal level, the partnership sees KashFlow founder Duane Jackson join forces with the founder of ViaPost, Ben Way. Ben is one of the leading entrepreneurs in the UK, with well over a decade of business experience and nearly 15 years in technology he is considered a leading voice on technology and innovation.
He has been in the media spotlight recently due to his appearance on the popular Channel 4 series The Secret Millionaire and is highly regarded in the business community.
Ben Way, said,
“The KashFlow partnership is another important step forward for ViaPost. Our service provides the impact of a letter with the ease of an email. People are more likely to read and respond to a letter than an email. And we believe that added impact will be a popular and crucial benefit for KashFlow users as they send invoices and chase late payments.”
KashFlow's online software produces the invoice, reminder letter or statement then, with a click it is sent to ViaPost for the remainder of the processing. KashFlow users retain complete control using a Task Manager which allows users to track documents and check billing.
Each invoice or statement mailed can cost as little as 27 pence.
Acknowledging the fact that the most environmentally friendly way to send invoices is by email, Duane revealed that there is still a strong business case for using the postal service,
“Whilst we encourage our customers to be green and send everything electronically, they themselves still have a lot of customers that insist on paper invoices. Also, reminder letters about overdue invoices do seem to be more effective when sent by post rather than email. As much as I hate to admit it, the paperless office just isn’t going to happen any time soon.”
Duane Jackson has commented on the new service on his blog at http://blog.kashflow.co.uk/2008/12/04/green-letter-days/
KashFlow is an online tool specifically designed to help owner managers in small businesses manage their accounts. KashFlow's aim is to take the boredom out of managing a company's accounts and to make the day to day tasks easier to achieve so that less small businesses neglect this area.
KashFlow keeps accounts management simple: it requires no installation, software training or prior knowledge of accountancy.
All users benefit from a free, no obligation 60-day trial. The monthly subscription price is £15.99 a month - including free support and upgrades.
For further editorial information, contact:
Dominique Gillespie
PR Manager
dom@kashflow.co.uk; 020 7403 0101
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In June 2008, KashFlow became the first accounting software package to be certified by PayPal for integration with its payment platform. PayPal and KashFlow now work in partnership to provide a seamless, end-to-end, payment processing and accounting system.
In October 2008 KashFlow won a Business Software Satisfaction award, judged entirely by customer feedback, for the category of small business accounting - beating the likes of Sage 50, Quickbooks Pro and MYOB. Statistics revealed by the awards organisers show that KashFlow has a 70% share of the web-based accounting software market in the UK.
KashFlow has received two rounds of venture capital funding from their now chairman, Lord Young of Graffham. Lord Young is a former Secretary of State for Trade & Industry and ex Chairman of Cable and Wireless.
KashFlow is simple to operate, with users instinctively knowing where to click to perform almost any accountancy task.
Owner managers are able to effectively manage their accounts with no need for software training or prior knowledge of accountancy.
KashFlow has been featured in the likes of the Financial Times, Daily Mail, The Daily Telegraph, The Mail on Sunday, BBC Radio and all the leading accounting titles.
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