12 Benefits of Cashroom

The holiday’s are just around the corner and we’re all looking forward to some downtime with friends and family and lots of good food and drink. But before we break off, in true Christmas spirit we want to remind you of the benefits that outsourcing your finance function to Cashroom can bring to your firm. 

It’s our Christmas gift to you… On the 1st day of Christmas Cashroom gave to me! 

One main point of contact

Working with Cashroom your firm will have a dedicated account manager who you can contact if you have any queries. You will also only need one set of login credentials when utilising our integrations for our client portal, reducing the risk of human error and cyber-crime.  

Two Billion

£2billion pounds of law firms clients monies transferred securely and efficiently each month by our expert legal cashiers. 

Three key benefits

 Our services allow firms to reduce risk, ensure compliance and increase efficiency.  

Four key integration partners

Our revolutionary web-portal integrates with four leading practice management systems, LEAP, Clio, Kylant and Denovo. This makes working with Cashroom even easier for our clients.  

Five senior managers and directors with unique experience in the legal sector

We have five senior managers and directors who have held senior roles at top 50 law firms – as well as some of our cashiers and accountants who have worked in finance functions for law firms, meaning they have first-hand experience working for firms just like you.  

Six services available

We have six core services available: 

• Legal Cashiering 
• Management Accounts  
• Credit Control  
• Payroll  
• Statutory Accounts and Tax Returns  
• Consultancy  

Learn more about our services here.

Seven industry award shortlists

This year alone we have been shortlisted for seven industry awards, one of which one we went on to win – we are industry experts and our shortlists from this year alone support this, our service cannot be replicated by most law firms in house. 

Eight key banking partners  

Our integrations with our banking partners who include Barclays, Natwest and Santander allow us to significantly reduce the risk of human error when initiating payments and checking incoming funds.  

In the 9th month of the year we said ‘YES’ to the US

In September this year, after a successful trip in the summer, Cashroom employed and welcomed our first US bookkeeper to our ever-growing team.  

Over 10 years of supporting law firms 

Cashroom is now in our 15th year of supporting the industry with legal accounting. We have grown substantially over the past year and now have over 250 clients and over 4,500 users on our secure client portal.  

Eleven webinar collaborations

Our Cashroom experts have spoken on panels/co-hosted eleven webinars this year, covering key topics such as outsourcing dos and don’ts, open banking, business resilience, insurance, law firm growth and lots more. Our unique experience in the sector is just another reason why Cashroom is the ideal partner for your outsourced finance solution.  

Twelve months of continuous support for our clients

Using Cashroom means firms don’t need to worry about holiday cover, sick cover or parental leave. Cashroom gives you additional resource so that you can take your breaks rest assured that we have your accounts covered.  

 To find out more about our service or to book a call in with our team get in touch: 

E: info@thecashroom.co.uk 

P: 01695 550950 

We hope you all have a wonderful Christmas and New Year and all the best for 2023! We’re excited to see what the next 12 months will bring!