As a legal business, do you update your “books” manually or rely on accounting software? DIY accounting might save you the immediate expense of a professional accountant or bookkeeper, but could be costing your business more in the long run. Accounts, including those produced by software, are only as accurate as the figures fed into […]Read More
Accounting and technology may not naturally appear to go hand in hand, but Cashroom is committed to utilising technology to improve efficiency and security beyond the capability of many law firms. Our unique, secure portal Cashroom’s portal is a web-based, secure, and encrypted means of communication between us and our clients. The portal was initially […]Read More
What is open banking and what does it mean for
January marked Open Banking’s fourth birthday, but it is still a foreign concept for many, including the legal sector. Questions as to what Open Banking even is, and how it can be applied, remain unanswered. To help shed some light on this, Open Banking experts, Cashroom and Armalytix, tackled some key questions around the applications […]Read More
Cashroom’s latest integrations offer seamless financial support for law firms
The leading outsourced legal accounting, cashiering and compliance expert has partnered with four popular practice management systems (PMS) to offer seamless legal accounting support for firms across the UK. Cashroom has announced new integrations with Clio, Denovo, Klyant, and coming very soon LEAP, which are some of the country’s most intelligent legal technology systems helping […]Read More
We are excited to join one of our valued clients Berkeley Rowe along with other industry leaders, Clio, CloudyIT and Microsoft at the Cloud Productivity & Finance Virtual Summit on 29 June 2021. Promising to inspire staff across all areas of law firms, these experts will demonstrate how your day-to-day working practices can be vastly […]Read More
This month we opened our offices up to staff, but with no compulsion that they return. Essentially our policy is “work where you want to”. Even with reduced capacity due to social distancing, we have only seen around 20% occupancy, with most staff choosing to stay at home. It’s too soon to tell but I […]Read More
In March our cashiering teams successfully processed £1,280,009,252.33 securely through our client portal. Over £1.2 BILLION! It’s an extraordinary amount of client money and we are thrilled with this achievement. “It’s hard to understand how we would have coped with the volume of matters completing without the support of a great team […]Read More
Written by Gregor Angus Who enjoyed the Masters a couple of weeks ago? I always think the Masters signals the start of spring, a turn in the weather (for the better), and gives a general sense of optimism about what lies ahead. And goodness, we can all do with that this year can’t we?! For […]Read More
Written by Gregor Angus, Head of Business Development at Cashroom We spend a lot of time talking to our current clients, new prospects, and strategic partners to ensure that we keep an ‘ear to the ground’ with what is happening in the sector. One theme that we are hearing a lot at the moment, is […]Read More
Written by Alex Holt, Director of Business Development at The Cashroom I promise I didn’t spend my honeymoon in Cornwall thinking about the legal sector and business generally. That would be tragic, and may well be the sort of thing that would lead to a very brief marriage. However, when I got back to my […]Read More
The client facing part of a law firm is only the tip of the iceberg. Over 200 firms throughout the UK trust The Cashroom with running their outsourced cashiering, management accounts and payroll functions. Find out more about us in 63 seconds… For more information and to book a short demonstration please contact us today. […]Read More
Many lawyers are humble people. They don’t like to shout about success. They downplay their innovations. Nowadays, that’s a weakness they need to rectify. I had the pleasure of speaking at a Calico Legal Services webinar recently, supporting our friends at Locktons as they spoke about the PII market. My input mainly related to ways […]Read More
The Cashroom Limited is expanding the services we offer Credit Control! At the Cashroom we provide a full accounting service to the legal profession – from day to day entries, through compliance, management accounts and now credit control! Cash is one of the most important things in any business. Law firms are no different. From […]Read More
In this last part of the series, I’m going to talk a little about the Cashroom, what we’re doing to change things up and innovate in the post COVID environment. First, a quick recap on where we are, and how the lockdown affected us. We decided to “lockdown” about a week before the official announcement. […]Read More
So, to recap – business are facing unprecedented change forced on us by the COVID pandemic, and the lockdown. We’re being forced to make big changes, fast …. and we really don’t like it! We’re being challenged to break things and make them better. So what might a law firm think about? Sales Process Do […]Read More
The Cashroom Ltd has acquired Kanbaro Ltd, effective 17th June 2020. Kanbaro Ltd developed and maintain The Cashroom Ltd Portal. The Portal securely and efficiently deals with client communication, task management and increasingly the automation of many of our processes. The portal is a modern web application, suitable for use on desktop and laptop browsers […]Read More
In my last blog post I talked about innovation, and how facing the post COVID world has forced “5 years of innovation in 18 months”. And I admitted to being uneasy about facing that challenge. Well, let me share a webinar that was shared with me (fair warning, not for those who are offended by […]Read More
This quote has been rattling around in my head for a few weeks. In the article I read, it was attributed to a production line manager in a Chinese manufacturing plant, working out how she would return her plant to full operation, post COVID. She was contemplating robotics, split shifts, worker segregation, and a myriad […]Read More
In the modern climate law firm efficiency and the implementation of technology are inextricably linked. Technology has the potential to reduce time scales, drive more efficient processes and create an increasingly smooth and transparent customer journey. According to the Solicitors Regulation Authority’s (SRA) Technology and Legal Services report, almost half of all consumers and a […]Read More