LEAP, the leading cloud-based practice management software provider, today announces a partnership with The Cashroom to provide outsourced cashier, management accounting and payroll services. The Cashroom will provide these services to LEAP client firms to increase efficiency, reduce costs and ensure full compliance with all Solicitors Accounts Rules
The services will include all books and records, paying suppliers, reconciling bank accounts, day/month end routines, submitting VAT returns etc. Management accounts and information can be provided together with budgets and cash flow projections to keep a firm fully informed. It will also include payroll services, with statutory payments, pensions and other deductions, and can administer ‘auto-enrolment’ and workplace pensions in accordance with the regulations.
Peter Baverstock CEO of LEAP comments: “An increasing number of our clients are looking to maximise the potential of flexible working that cloud technology offers. Through our partnership with The Cashroom they can now offer law firms using the LEAP solution the option to outsource the accounting function of their practice. This removes a traditional and substantial cost by providing our clients with day to day processing of accounts by trained professionals. We are delighted to be working with The Cashroom and with this affiliation we are adding further value to our clients within the LEAP offering.”
Alex Holt, The Cashroom Director of Business Development, comments: “The Cashroom can work with any practice management system, and having worked with a number of LEAP clients we are excited to work with LEAP to provide accounting management that few firms could provide themselves in-house. We share a common goal with LEAP, enabling solicitors to work more efficiently by freeing up time for them to focus on their clients.”
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