Kings with cash

Where it all began

Cashroom: a Scottish born company proud of their roots. In 2008, accountant Catherine O’Day founded Cashroom to relieve fee earners she was working with of the responsibilities of accountancy, cashiering and regulatory compliance. Since then, Cashroom has grown significantly, now working across the UK with over 250 clients, more than 4,500 users and a growing team of expert cashiers and accountants.

Leading supplier for legal cashiering

Cashroom are a leading provider for legal cashiering throughout Scotland. Cashroom also hold a preferred supplier accreditation from the Law Society of Scotland. Working with law firms of all shapes and sizes means they understand that law firms have varying demands, and can scale services depending on the firm’s needs. Their unique experience in the legal sector has shaped their service offering, allowing them to provide a service that meets the demands of the market.

Cashroom expanded into the English and Welsh market in 2014, and most recently this year into the United States. Working with Cashroom, clients will have a dedicated member of their cashiering team as their main point of contact who they can liaise with daily. Cashroom place a great importance on developing close working relationships with all clients and have a dedicated customer care team contributing to their constant development to better their service offerings to the ever-changing legal market.

Clear expertise

Cashroom’s cashiers consist of SOLAS and ILFM qualified cashiers, solicitors and chartered accountants, providing clients with a unique support network for all aspects of managing their accounts department. Cashroom also supports their accounting teams with AAT and CIMA qualifications, allowing them to increase their service offering and provide additional resource to clients.

They have also recently launched their own in-house academy; the purpose of this academy is to continuously develop staff skills and refresh training, allowing them to provide the best possible service to clients.

A main benefit of outsourcing to Cashroom is that firms have a full team of qualified and experienced cashiers and accountants working on their account, which means resource is not an issue. This sophisticated service could not be replicated in-house for most firms.

Innovation

Cashroom has designed a unique and secure web portal that removes the insecurities of email communication for their clients. The portal has been developed in its entirety in-house and is robust, secure and efficient. Firms can communicate easily and securely with Cashroom and there is always a clear audit trail for their visibility and compliance.

Their system expertise means that they can help firms optimise their processes for their own system use, helping with data flow, data accuracy and efficiency, all as part of their standard way of working with clients. Cashroom’s portal has integrations with leading practice management systems such as LEAP, Denovo, Clio and Klyant and is system agnostic.