1. Press Release
Monday, 6th March 2006 - For Immediate Release
Apple Mac Users Get Their Own Accounting Software.
A small design company who were so annoyed that they could not find suitable book-keeping and
accounting software package that could be used on their Apple Mac computers went out and built the
program themselves, and it has now launched nationally thanks to venture capital backing.
KashFlow has a 60 day free trial and is an online tool specifically designed to help freelancers and
owner managers in small businesses manage their accounts. Since its launch it has won a sizeable
amount of market share, and more importantly, plaudits from business owners across the UK.
In early 2006 the Rt. Hon. Lord Young of Graffham, former Secretary of State for Employment and
Trade and Industry, invested a significant amount of capital in the accounting software development
Duane Jackson, Managing Director and one of the lead designers behind KashFlow commented, 'In our
creative role as Mac users we were really frustrated at not having the same level of accounting software
available to us as PC users so we just thought, lets build a system ourselves, and a year later we have
launched a product that is performing better than expected and has attracted high-profile supporters
such as Lord Young".
Feedback from Apple Mac users has been very positive, Stephen Carpenter runs IUVO Design Studio in
London and commented, 'We had all the usual book-keeping difficulties that come with being a mac only
design studio until we signed up to KashFlow. This is a great piece of kit that not only allows us to easily
keep track of where we are at financially, but the reports also enable us to monitor where our sales are
coming from and better understand which parts of our business are most profitable".
Jacqueline Macdougall from Creacom Design based in Scotland commented, 'I have been impressed
with the software for a number of reasons, not least because is it is easy to use and goes beyond just an
accounting solution, but also its wider features such as creating invoices and measuring marketing
campaign responses, makes it a vital business tool"
Jacqueline continued, 'The fact that it has been born out of real business owners not being able to find a
product that they could use themselves helps a lot as they know what we really need in terms of
functionality and reports".
KashFlow does not only allow freelancers and small business owners to immediately see their financial
position, but also gives regular updates on outstanding fees and bills as well as producing valuable
reports that show which marketing channels have delivered the most sales.
The KashFlow accounting package is securely hosted online, requires no installation and can be trialled
for free by visiting http://www.kashflow.co.uk . The site also displays examples of feedback from actual
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2. Contacts Notes To Editors
For further editorial information, contact: In June 2008, KashFlow became the first
accounting software package to be certified by
Duane Jackson PayPal for integration with its payment platform.
email@example.com PayPal and KashFlow now work in partnership to
020 7403 0101 provide a seamless, end-to-end, payment
processing and accounting system.
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 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.
For more information visit the KashFlow pressroom at: www.kashflow.co.uk/pressroom.asp
Recent Press Releases
KashFlow and Tim Goods Absolute Accounting join forces to challenge major players with
their own technologically advanced and integrated cloud option
KashFlow has announced a new and strategic partnership with Absolute
Accounting Software Ltd, founded by Tim Good formerly of PTP, that is set to have
a major impact on the accountancy practice software sector. The announcement is
perfectly timed to take advantage of incoming legislation that will require accounts
to be submitted electronically using the iXBRL format.
KashFlow signs exclusive partnership agreement with Entrepreneur Country
KashFlow has announced an exclusive partnership agreement with Entrepreneur
Country, a community of 25,000 high growth businesses recognised as UK and
Europes leading entrepreneurs. The award winning KashFlow online accounting
software is to be recommended as the community's system of choice.
KashFlow announces expansion into the Republic of Ireland
KashFlow has announced that it has signed an agency agreement with leading
Dublin Accountant, Gerard Kiernan and his partner, Tommy Boyle, to promote
KashFlow cloud accounting software to Irish accountants and their small business
KashFlow introduces new ReceiptAngel integration
KashFlows mission to make accounting simpler for small businesses, has moved
another step forward with the announcement that its software now seamlessly <a
href="http://www.kashflow.co.uk/receiptAngel.asp">integrates with the
ReceiptAngel service</a>. This will relieve the 5,000+ UK businesses using the
cloud accounting software, KashFlow, of the worry of losing receipts and bills
allowing each item to be scanned quickly and easily and stored securely.
KashFlow announces seamless integration with Forbes Accounts, the only accountancy
software developer to have iXBRL recognition from HMRC
March 30th, London, KashFlow announced today that its cloud accounting software,
which is rapidly building market share at the expense of more traditional software
products, now integrates to Forbes Accounts, the only accounts production system
to produce iXBRL accounts recognised by HMRC.