Press Room - Biography

Duane Jackson, Founder & CEO, KashFlow Software Ltd

Duane Jackson Duane has developed his career in IT over a number of years and in many areas including application development, server management and network security. Beginning his career as an IT contractor, Duane worked for organisations such as the CBI, the BBC, Proctor & Gamble, Eidos and Reuters.

In 1999, Duane moved to an in-house position at a firm specialising in the design and deployment of corporate networks. Brought on board to plan and implement the firm’s move to the Internet service provider arena, Duane was instrumental in developing the firm into one of the UK’s leading providers of streaming media services.

Having acquired extensive knowledge of IT infrastructure, Duane founded SevenTech Solutions, an application development firm with backing from The Prince’s Trust in 2002.

Duane was so impressed by the support he received from the Prince’s Trust whilst establishing SevenTech Solutions that with the approval of the Trust he set up trustNetworkers.com. trustNetworkers.com arranges networking events with the help of the London Youth Support Trust and sponsorship from DLA Piper and Workspace Group.

The achievements of SevenTech Solutions led to numerous partnerships with The Web Marketing Agency, a provider of search engine optimisation services. The two firms ultimately merged in June 2004 to form Key One Ltd.

Key One is an Internet solution provider that focuses on delivering enterprise class solutions.

A company, KashFlow Software Limited, was formed in February 2006 when The Rt Hon. Lord Young of Graffham invested in the KashFlow product.

Duane is also a trustee of the London Youth Support Trust and a moderator at the UK Business Forums

About KashFlow

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.

Contacts

For further editorial information, contact:

Carolyn Gordon-Smith
PR Manager
cgs@cimma.co.uk
01386 859090 / 07710 537 928

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Notes to Editors

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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