Cloud Accounting Software Specialist Secures Second Round Funding

Cloud Accounting Software Specialist Secures Second Round Funding and Launches Major New Release

Cloud Accounting software specialist, Liquid Accounts has successfully secured second-round funding in order to develop its sales, coinciding with the release of Version 7 of its award-winning online accounting software.  The new version includes many enhancements including a new optional integrated Payroll module.

The funding was raised from Liquid’s existing consortium of investors which includes technology entrepreneurs Richard Doyle (Chairman), and Ian McNeill, and accountant and exited entrepreneur, Curtis Wright.  As with the first round investment, the private investment was matched by The Aspire Fund (a Government Fund for women-led businesses managed by Capital For Enterprise) who invested because of the role of Lisa Kendrick, Marketing Director, in founding and developing the business.  Once again the team were given help and support by Connect Yorkshire, not-for-profit company that helps growth businesses in Yorkshire and the Humber get the funding and expertise they need.

Andy Chaffer, Programme Manager at Connect Yorkshire commented:

Connect Yorkshire’s services are designed to help high growth businesses seeking finance – Liquid Accounts is an innovative, ambitious Yorkshire company and Connect Yorkshire is delighted to have played a role in bringing significant new investment to a local company with exciting global potential.”

MD, Matt Holmes said,

In the past year we’ve done a lot of work on structuring the company for growth and refocusing our sales efforts on building strategic partnerships where Liquid can be included as part of an offering of essential business services for an existing SME market or client base.  We have also significantly grown our network of ‘Accountancy Services’ professionals who are supporting Liquid Accounts. As a result of this of this progress, our investors have committed more funds to accelerate the process and allow us to enhance and add to our existing software. ”

The latest version of the software includes:

  • Optional integrated Liquid Payroll
  • Easy input of recurring transactions (allowing users to add monthly bills and expenses such as rent or utilities just once)
  • One click email of invoices, order, statements, remittances (allowing users to send all your paperwork quickly and easily by email)
  • One click cash payments (allowing users to take a payment, create an invoice, and allocate the payment all in one go – great for shops and cash-based businesses)
  • New  invoicing template
  • A whole new user interface with new menus, dashboard and aesthetic enhancements.

Matt commented,

We’ve actually been using Liquid Payroll ourselves for 4 years, and it’s been used by some our larger bespoke clients for some time. With more users asking for an online payroll we felt that it was the right time to release a version for SME’s.  It fits in with our ethos of creating software that can grow with your business. As well as being fully integrated with Liquid Accounts, it allows you to file your payroll online and email payslips.  The big advantage of using cloud/online payroll is that (as well as it being fully integrated with your accounts so that all payroll payments and deductions are automatically recorded), whenever the rules and regulations change, your software is automatically updated to reflect that.

The new version will be available to existing customers from mid March and officially launched at the techmesh ‘Grow Your Business Through Practical Cloud Computing’ event at DLA Piper in Leeds on Thursday 17th March.

Media Contacts
Liquid Accounts Ltd
Lisa Kendrick
Marketing Director
0845 450 7304
lisa.kendrick@liquidaccounts.net
Web: www.liquidaccounts.net

Follow Us!

CloudTweaks

Established in 2009, CloudTweaks.com is recognized as one of the leading authorities in cloud computing information. Most of the excellent CloudTweaks articles are provided by our own paid writers, with a small percentage provided by guest authors from around the globe, including CEOs, CIOs, Technology bloggers and Cloud enthusiasts. Our goal is to continue to build a growing community offering the best in-depth articles, interviews, event listings, whitepapers, infographics and much more...
Follow Us!
FacebookTwitterLinkedInGoogle+Share

Sorry, comments are closed for this post.

Join Our Newsletter

Receive updates each week on news, tips, events, comics and much more...

Advertising Programs

Click To Find Out!

Sponsored Posts

Sponsored Posts

CloudTweaks has enjoyed a great relationship with many businesses, influencers and readers over the years, and it is one that we are interested in continuing. When we meet up with prospective clients, our intent is to establish a more solid relationship in which our clients invest in a campaign that consists of a number of

Popular

Top Viral Impact

Are Cloud Servers The Right Choice For Your Business?

Are Cloud Servers The Right Choice For Your Business?

Cloud servers offer power, flexibility, reliability, and client friendly hosting for small and medium businesses that have outgrown shared hosting. New business hosting clients are bombarded with an incredible diversity of different choices for their site’s hosting. It can be a challenge to negotiate the range of platforms and the marketing hype that many hosting

5 Ways The Internet of Things Will Drive Cloud Growth

5 Ways The Internet of Things Will Drive Cloud Growth

5 Ways The Internet of Things Will Drive Cloud Growth The Internet of Things is the latest term to describe the interconnectivity of all our devices and home appliances. The goal of the internet of things is to create universal applications that are connected to all of the lights, TVs, door locks, air conditioning, and

Cloud Infographic: Most Used Cloud Apps

Cloud Infographic: Most Used Cloud Apps

Cloud app and analytics company, Netskope released its quarterly Cloud Report. The new report reveals that enterprise employees are using an average of 397 different cloud apps (most of which are unsanctioned), when IT estimated they have 40-50 — that’s a tenfold underestimation. Below is an infographic provided courtesy of the group at Netskope which goes into further detail.

Can I Contribute To CloudTweaks?

Yes, much of our focus in 2015 will be on working with other influencers in a collaborative manner. If you're a technology influencer looking to collaborate long term with CloudTweaks – a globally recognized leader in cloud computing information – drop us an email with “tech influencer” in the subject line.

Please review the guidelines before applying.

Whitepapers

Top Research Assets

HP OpenStack® Technology Breaking the Enterprise Barrier

HP OpenStack® Technology Breaking the Enterprise Barrier

Explore how cloud computing is a solution to the problems facing data centers today and highlights the cutting-edge technology (including OpenStack cloud computing) that HP is bringing to the current stage. If you are a CTO, data center administrator, systems architect, or an IT professional looking for an enterprise-grade, hybrid delivery cloud computing solution that’s open,

Public Cloud Flexibility, Private Cloud Security

Public Cloud Flexibility, Private Cloud Security

Public Cloud Flexibility, Private Cloud Security Cloud applications are a priority for every business – the technology is flexible, easy-to-use, and offers compelling economic benefits to the enterprise. The challenge is that cloud applications increase the potential for corporate data to leak, raising compliance and security concerns for IT. A primary security concern facing organizations moving