KashFlow appoints two new directors, relocates to London

Discussion in 'Press Releases' started by DuaneJackson, Jul 30, 2009.

  1. DuaneJackson

    DuaneJackson UKBF Legend Free Member

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    KashFlow, the web-based accounting software company has appointed a new Chief Technology Officer and existing manager has also been promoted to the board to head up the sales to accountants division

    Big changes are afoot at KashFlow Software. The company is planning to relocate from Essex to the London Bridge area within the next 8 weeks in order to be in a better position to further grow the business.

    The company provides award-winning, jargon-free accounting software direct to UK small businesses and via accountancy practices. To date, the board has consisted of founder Duane Jackson and Chairman Lord Young of Graffham.

    Speaking about the changes, Lord Young said “KashFlow has grown very quickly and has reached an interesting stage. The business is now well established and making a profit from the SaaS (software as a service) model – so now we’re focussing on planning for the next phase of growth.”
    “Relocating to London is the next logical step. It’s difficult to recruit good staff where the business is currently based and being in London gives us easy access to some of our key partners.”

    Michelle Gorsuch joins the board to head the accountants division of the company. She joined the company in January 2008 after spending a number of years in the recruitment industry. She has quickly grown the accountants division to the point where it now accounts for close to 50% of the company’s annual revenue.

    “Michelle’s past performance at the company speaks for itself” says Jackson, “Once I’d made the decision to devolve some responsibility she was the obvious choice for this role”

    Incoming CTO, Tim McOwan, has both an accountancy and a technical background that makes him ideal for the role. Having automated many accounting processes at horticultural provider Farplants whilst studying towards the AAT qualification, he went on to study for an MBA at Kingston University. He’s since been leading a development team at Creatormail, the multi award winning email marketing agency.

    “Tim will oversee all technical aspects of the company, improvements to our existing products and development of new products” says Jackson

    “I’ve known Tim in a professional capacity for a number of years and have wanted to bring him in to KashFlow for some time. When the opportunity came around, I grabbed it. His skills and expertise will be invaluable to the company during our next stage of growth”

    Duane Jackson will continue in his role as CEO and will have more time to concentrate on commercial and strategic matters.

    - ends -

    From the KashFlow Pressroom
    Posted: Jul 30, 2009 By: DuaneJackson Member since: Jul 14, 2005
  2. Richie N

    Richie N UKBF Big Shot Free Member

    4,039 486
    Nice one Duane...
    Michelle is a real asset to your company, very helpful, as spoke to her quite a bit and being an ex-recruiter, she has to be good ;)
    Posted: Jul 30, 2009 By: Richie N Member since: Nov 1, 2006
  3. GreatSEO

    GreatSEO UKBF Newcomer Free Member

    2,570 371
    Another great milestone

    Well done mate


    Posted: Jul 30, 2009 By: GreatSEO Member since: Mar 20, 2006
  4. Comspec

    Comspec UKBF Newcomer Full Member - Verified Business

    7,136 1,483
    All excellent news Duane... congratulations and good luck.
    Posted: Jul 31, 2009 By: Comspec Member since: May 8, 2006
  5. DuaneJackson

    DuaneJackson UKBF Legend Free Member

    9,523 1,118
    Thanks all.

    Richie, she certainly is!
    Posted: Jul 31, 2009 By: DuaneJackson Member since: Jul 14, 2005
  6. cazuk

    cazuk UKBF Newcomer Free Member

    16 1
    excellent news... congratulations and good luck.
    Posted: Aug 2, 2009 By: cazuk Member since: Aug 2, 2009
  7. 4little1s

    4little1s UKBF Ace Free Member

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    Congratulations and hope the move to London Bridge is smooth for you.
    Posted: Aug 8, 2009 By: 4little1s Member since: Aug 1, 2008
  8. A Charles

    A Charles UKBF Newcomer Free Member

    92 14
    Very interesting news. Where in London Bridge are you moving to (out of interest)?

    I live & work in london and i'm always networking so maybe i'll bump into you guys one day.

    All the best
    Posted: Aug 17, 2009 By: A Charles Member since: Jun 26, 2009