Cashroom: seamless financial support for law firms

Cashroom, 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 software integrations with Clio, Denovo, Klyant, and coming very soon LEAP – some of the country’s most intelligent legal technology systems helping to shape the digital future of law firms.

These latest updates to the provider’s industry-leading software save legal practices time and money by efficiently updating management systems with financial data in a compliant and secure way.

Cashroom believes that a firm must be able to choose the “best in class” from all available services and technology. Their system-agnostic approach means they can support all market-leading legal accounting systems, enabling firms to choose a more modern, often cloud-based, PMS. Cashroom has no alliance with any one system and instead will use the best system for their client. With direct access to firms’ chosen platforms through the Cashroom portal, they can offer support with legal cashiering, management accounts, statutory accounts and tax returns, payroll and credit control.

Head of Product Development at Cashroom, Paul O’Day, said: “This is an exciting development and one we’ve been working hard to achieve for several months. Law firms can now benefit from the ultimate in legal accounting efficiency with a solution that links seamlessly between their PMS and our Cashroom portal. Cashroom continues to support our client’s choice of system and our technology will provide the most secure, efficient and compliant service for all law firms, enabling our expert service.

“We take away the headache of compliance, supporting firms as they grow and future-proofing their operations in what is rapidly becoming a digital-focused industry.”

There are many benefits to your firm in using Cashroom. The Cashroom portal dashboards offer simple visibility into a legal business and its client information, reducing double-data entries and preventing human error. Client matters are quickly accessible, and the system’s data flow to payment forms frees up staff to focus on more profitable tasks and improves the overall client experience.

Paul continued: “Automation between Cashroom and your PMS has the power to revolutionise how finance drives your legal business forward. In the current climate of day-to-day disruption and change, it can mean the difference between success and collapse.

“These integrations are only phase one of an exciting roadmap to becoming a one-stop solution for legal accounting. We have lots in the pipeline for further improvements and I look forward to sharing them with clients.”

Cashroom is freeing lawyers from the complexities of legal accounting.

For more information about how Cashroom services integrations could help your law firm remain compliant with the Solicitors Accounts Rules, reduce risk and practise more efficiently, visit www.thecashroom.co.uk