abacus, the national network of qualified accountants, has today announced it will be providing KashFlow online accounting software to all of its franchisees.
After initially recommending the software-as-a-service (SaaS) product to their accountancy network, abacus have now taken the decision to provide it to all of their accountants as a standard element of their offering to help qualified accountants set up in practice.
The KashFlow software is web-based and has a separate interface designed specifically for accountants to manage multiple clients using the software, which the accountant re-brands with their own logo and colours.
“We’ve been incredibly impressed by the software and the team at KashFlow, particularly their responsiveness to suggestions on how to further improve their already excellent software” said Steve Jackson, managing director of abacus. “By providing the software to all of our new franchisees, we give them a tool that gives them a great deal of control and oversight of their clients bookkeeping activity.”
Last year KashFlow surprised the software industry and planted a flag for other SaaS vendors by beating both Sage and Quickbooks to win an award for best Small Business Accounting Software. KashFlow also became the first accounting application in the world to be certified by PayPal for automated accounting.
Until the end of May, KashFlow is being offered free of charge to small businesses who send in their existing copy of a competing product. The company say they’ll then build a bonfire with the boxes and CDs they receive.
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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