Award looms for Lord Youngs KashFlow.

Wednesday, 12th April 2006 - For Immediate Release

Essex based business KashFlow has found out that it is down to the last four for the prestigious category of Business Innovation of the Year in the South East Regional Programme of the National Business Awards.

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Chairman:
The Rt Hon Lord Young of Graffham

Founder & CEO:
Duane Jackson

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The accounting and book-keeping software company that is rapidly increasing its national market-share also got singled out for special praise by judges in the Small to Medium Sized Business of the Year category by being given “Highly Commended” status for its entry.

KashFlow’s team now have their fingers crossed that they scoop the Business Innovation award which will be announced at an Awards Ceremony and Gala on 13th July at the Royal Lancaster Hotel, London.

Duane Jackson, managing director of KashFlow, commented, “We are really excited that KashFlow has come this far in such a short space of time and it shows just how hard all of the KashFlow team work to be featured so highly in such a prestigious business award”.

KashFlow recently received venture capital from The Rt. Hon. Lord Young of Graffham, former Secretary of State for Employment and Trade and Industry and he commented, “I know just how much this means to the team at KashFlow and great credit has to go to Duane for his hard work. I am looking forward to the ceremony on 13 July to see how we get on”.

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 its simplicity and ease of use has helped it to quickly win a significant share of the valuable accounting software market. In recent months KashFlow has also featured in a number of national magazines with positive write ups.

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 users.

To attend the glittering Awards presentation in November please contact Dominique Holmes on 020 7378 1188.

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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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