KashFlow Adds Integrated SaaS Payroll

Wednesday, 3rd June 2009 - For Immediate Release

Leading UK Web-based accounting software company, KashFlow, has today added a variety of payroll options to its software, enabling it to more effectively service bigger companies that would have previously had to manually enter figures from a third-party application

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Founder & CEO:
Duane Jackson

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As part of its ongoing drive to integrate with other applications, there is now seamless integration with HMRC accredited web-based payroll application ThePayrollSite.co.uk.

KashFlow Managing Director, Duane Jackson said “Our list of integrated applications already includes the cream of the crop from the E-commerce, Time & Project Management and CRM world. I’m really pleased we now have seamless integration with ThePayrollSite.co.uk too. It’s a slick, easy-to-use product so it fits really well with our mission of making accounting easy for SMEs that aren't trained in accountancy”

He added, "This is a really significant milestone in our integration strategy. Payroll is so closely aligned with accounting and it was important for us to find an appropriate solution for our customers. I beleive we've now done that."

Users of ThePayrollSite.co.uk simply enter their KashFlow credentials, and then click a button after running their payroll to send all of the accounting data to the KashFlow application. This results in entries for Employers NI, SMP, Pension contributions, etc being entered into the financial accounts with no room for human error.

For customers that want to use a payroll processing service there is the option to use a service called PayEscape. This is also fully integrated with KashFlow. Once you’re set up with PayEscape you just enter into their website the number of hours your staff have worked and they take care of the rest – from producing payslips to sending the accounting data to KashFlow.

12Pay.co.uk, a locally-installed windows-only application is also integrated with KashFlow and online payroll software company Payroo say they’ll be integrated with KashFlow too within a matter of weeks.

A full list of applications integrated with KashFlow, along with more information on the above, can be found at www.kashflow.co.uk/addons.asp

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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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