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Accounting software company KashFlow has teamed up with TaxAssist Accountants to offer its online accounting software to the TaxAssist Accountants client base which totals over 25,000 small businesses across the UK.

The deal could be worth up to 6-figures if the award winning accounting software company KashFlow meets it projected targets. Thanks to its ease of use and consistently good feedback TaxAssist Accountants decided that their network of over 160 accountants would find this package very useful.

The partnership goes live on the 20th of June; it will involve a white-labelled version of KashFlow that the accountants will be able to use with their own branding and recommend to their own clients.

Speaking about the partnership deal, the Managing Director of KashFlow, Duane Jackson said,

“The partnership with TaxAssist Accountants represents the coming together of months of hard work from both sides. I’m delighted that our software has once again been chosen by a respected industry player and I think this further demonstrates that we are fast-growing and highly respected operator in the online accounting software sector”.

Sarah Robertson, Business Development Director of TaxAssist Accountants comments,

“KashFlow is a natural fit within our business model and was an easy choice to make given the consistently high feedback we got from our accountants. Many of our accountants have clients in rural areas so our service can become much more accessible to them.”

The news of the partnership comes only a few weeks after the announcement that PayPal had partnered with KashFlow to provide an all encompassing payment gateway. The PayPal partnership enabled sellers who have a high volume of transactions to reduce their administrative burden thanks to the sales data being automatically entered into the accounting software.

KashFlow is also pleased to announce that it is in discussions with other large franchises about its online accounting software being recommended to franchisees and anticipates being able to name these companies in coming months.

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.

In late 2007 KashFlow won a Business Software Satisfaction Award, judged entirely by customer feedback, for the category of web-based accounting, beating the likes of Sage and Netsuite.

The KashFlow accounting package is securely hosted online; requires no installation and can be trialled for 60 days for free by visiting http://www.kashflow.co.uk.

The site also displays examples of feedback from actual users.

TaxAssist Accountants was founded in 1996, specifically to serve the tax and accountancy needs of small business in the UK. Currently, TaxAssist Accountants has a network of offices with over 160 accountants and tax specialists.

TaxAssist Accountants has 25,000 clients which makes it the largest national network of accountancy and tax assistance offices working specifically for small business.

Each TaxAssist Accountant operates from an independent, local office and has access to specialist tax advice and back up from a national support centre. The company uses proven software systems, that help find tax savings for clients.

END

Editors Notes

For further information or images to support this story, please contact Andy Barr, 10 Yetis Public Relations Agency, 01452 527898, andy@10yetis.co.uk

In 2007 KashFlow won a Sift Media award, judged entirely by customer feedback, for the category of web-based accounting beating the likes of Sage and Netsuite

KashFlow has received two rounds of venture capital funding from Lord Young of Graffham, former Secretary of State for Trade & Industry and ex Chairman of Cable and Wireless

KashFlow won the 2007 Software Satisfaction Awards category of Best Web-Hosted Accounts
KashFlow is simple to employ, 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 and all the leading accounting magazines.

Journalists can subscribe to a KashFlow press release and media announcement newsfeed by visiting the following link and clicking the RSS feed icon. http://www.kashflow.co.uk/pressroom.asp

TaxAssist Accountants was founded in 1996, specifically to serve the tax and accountancy needs of small business in the UK. Its head office is in Norwich, and currently TaxAssist Accountants has a network of offices with over 160 accountants and tax specialists around the country.

For further information, visit www.taxassist.co.uk.

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