Accounting Software - KashFlow Takes Top Spot In Accounting Software Awards.

KashFlow Takes Top Spot In Accounting Software Awards.

Wednesday, 10th October 2007 - For Immediate Release

Press Release Accounting software provider KashFlow beat off stiff competition from the likes of FTSE100 listed Sage and Netsuite to scoop the award for best web-based accounting package.

Princes Trust startup, KashFlow, is celebrating having scooped a national award from Sift Media that is judged entirely by customer feedback.

KashFlow fought off the likes of the longer established Sage and Netsuite to win the award which was presented to Duane Jackson, Managing Director of KashFlow.

The Sift Media Business Software Satisfaction Awards are now in their second year and were held at The Brewery in East London and hosted by the comedian and writer Barry Cryer OBE.

Unlike other awards which use a judging panel, the Sift Media awards are based solely on the views of end-users making it a unique accolade and a truly independent and effective indicator of product and support quality.

Speaking about the win Duane Jackson commented, “We strive hard to ensure that KashFlow offers the best level of service possible to our customers and to win the award for best web-based accounting package demonstrates that not only is KashFlow moving in the right direction but that we are also now competing, challenging and on this occasion beating businesses that have been established for longer.”

KashFlow launched its flagship product, an online tool specifically designed to help owner-managers in small businesses manage their accounts, in mid 2005. Since that time it has quickly won a significant share of the valuable accounting software market along with launching a new direct to accountant division in late 2006.

KashFlow recently won a second round of venture capital funding from Lord Young of Graffham, former Secretary of State for Trade and Industry and ex Chairman of Cable and Wireless.

The KashFlow accounting package is securely hosted online, requires no installation and can be trialled for free by visiting http://www.kashflow.co.uk .

- ends -

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

Keep Informed

Enter your email address below to automatically receive future press releases from KashFlow

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.