KashFlow, the accounting software company, and PayPal, the leading online payment provider, have linked up to provide a fully automated web-based accounting and payment integration package. The package is the first of its kind and means small business owners who run online retail sites or eBay shops will now have an automated and seamless online process for logging sales on their accounting software.
For information on our PayPal Integrated Accounting Software, go to http://www.kashflow.co.uk/pp.asp
By partnering with PayPal KashFlow users can now include “Pay Now” buttons on their invoices that link directly to their PayPal accounts as standard. There is also the ability to import payment information from PayPal directly into KashFlow at the click of a button.
Chairman of KashFlow and former Secretary of State for Trade and Industry Lord Young of Graffham said, “This is an exciting announcement and there is a great deal of synergy between the two brands, the demonstrated ability to be able to predict and be prepared for future market trends along with the fact that we have both won awards that have been chosen by our users rather than a judging panel.
“To get the chance to partner with such a globally renowned brand such as PayPal not only demonstrates how far KashFlow has come as a business, but also speaks volumes about the team behind the company and of whom I am immensely proud”.
Cameron McLean, General Manager of Merchant Services, at Paypal comments, “We are delighted to have partnered with KashFlow who like PayPal, have a strong foothold in the SME market and offer PayPal a great way to reach a significant audience.”
“Enabling small businesses to link directly to PayPal accounts at the click of a button not only offers convenience but helps safeguard against sales data being lost or entered incorrectly due to human error. In addition a number of SMEs that use KashFlow are also PayPal customers saving business a huge amount of time.”
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:
Carolyn Gordon-Smith
PR Manager
cgs@cimma.co.uk; 01386 859090 / 07710 537 928
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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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