Our CEO’S Journey

This year is a remarkable milestone for Cashroom as we honor CEO Chris O’Day on his 10th anniversary. Chris’ journey began more than a decade ago, showcasing his unwavering dedication, innovative spirit, and commitment to excellence at Cashroom. 

From Management Accountant to CEO 

Chris embarked on his professional journey as a Chartered Accountant after gaining his qualifications at Deloitte. With a strong background in accounting and finance, Chris made a strategic move to Cashroom in 2014, assuming the role of Management Accountant. Collaborating with a diverse range of clients within the service team, Chris brought a wealth of experience and expertise, playing a key role in enhancing Cashroom’s operational efficiency and service excellence. 

Chris’s sharp analytical abilities and profound grasp of legal finance enabled him to significantly elevate our client services, empowering firms to boost profitability and make well-informed decisions for their continued growth. By 2017, Chris was promoted to Client Services Director. In this position, he gained invaluable experience and a profound understanding of what is truly valuable to clients and an even deeper understanding of the pain points in the industry. His role was pivotal to shaping the client-centric ethos that Cashroom is renowned for today.  

In 2021, Chris stepped into the role of CEO with a clear mission to steer Cashroom towards its next chapter of growth. His innovative vision is centered on challenging traditional industry practices and driving relentless advancements. Under his guidance, Cashroom has not only broadened its range of services but has also established itself as the frontrunner in providing efficient, compliant, and secure legal accounting solutions. 

“For as long as I have been at Cashroom, Chris has been there. He’s an innovator, a strategist, and an incredible intellect. He has challenged the business to match his vision and ambition, and under his guidance as CEO we have taken amazing strides to achieve our ambitious goals. By the way- he’s also a great guy with a fabulous sense of humour – here’s to the next ten years!” Alex Holt, CRO, Cashroom

A Decade of Transformation: Navigating Industry Changes 

Over the past decade, Chris has made a significant impact at Cashroom, driving the company forward with his strategic initiatives and innovative solutions. His dedication to challenging traditional methods and embracing modern technologies has kept Cashroom at the forefront of industry trends, consistently enhancing its offerings. Chris also played a key role in successfully leading Cashroom into the US market in 2022, a move that continues to thrive under his guidance alongside the recent addition of Business Development Director, Joel Carney. 

Another major advancement under his leadership was the launch of Cashroom’s Open Banking and Confirmation of Payee technology, two ground-breaking and industry first features that enhanced transparency, efficiency and speed of transactions and set a new standard for security and accuracy in payments. These technological advancements reflect Chris’ commitment to leveraging innovation and driving growth at Cashroom to meet evolving client needs and industry standards. 

Chris’ leadership style is both inspirational and transformative. He encourages a culture of continuous learning and improvement, ensuring that the entire team is aligned with the company’s vision and goals. His ability to identify and leverage opportunities has been a key factor in Cashroom’s sustained growth and success. 

Looking Ahead: The Future Under Chris’ Leadership 

As we celebrate this milestone, we also look to the future with excitement and optimism. Chris’ dedication to excellence and innovation promises to guide Cashroom towards new horizons. His vision for the company includes expanding our service offerings, exploring new markets, and continuously enhancing the client experience as we continue to revolutionize legal accounting worldwide. 

“The past 10 years have been an honor. Our goal is to consistently enhance our services and provide even greater value to our clients. As the legal industry evolves, so do we, ensuring that we stay at the forefront of legal accounting solutions. We are dedicated to helping law firms navigate their financial operations with greater efficiency and expertise. This year, we experienced a record-breaking summer at Cashroom, and remain committed to continuous improvement and innovation. Here’s to many more years of success” Chris O’Day, CEO, Cashroom 

Chris’s leadership is both inspiring and transformative, fostering a culture of continuous improvement and learning within the team. His keen eye for opportunities has played a vital role in Cashroom’s ongoing success and expansion. 

Congratulations, Chris, for an impressive ten years of accomplishments at Cashroom! Here’s to countless more years filled with innovation, expansion, and brilliance. 

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About Cashroom

Cashroom provides expert outsourced accounting services for Law Firms including Legal Cashiering, Management Accounts and Payroll services. Our mission is to free lawyers from the complexities of legal accounting by supporting the industry with accurate management information and allowing lawyers to do what they do best – practice law.

‘The Cashroom have been an integral part of MBM from their inception. They has supported the growth of MBM from a small firm of 15 people all the way to the 70+ partners and staff now working in the firm. I have first hand experience of the wealth of skill employed within the business and the cashiering knowledge is unrivalled. The fluid ability of Cashroom to adapt to the changing requirements of a firm on a daily basis, as well as the ability to cover holiday periods seamlessly would be a benefit to any law firm. The Cashroom portal provides a first class workflow system for all cashiering requests and, more importantly, provides the level of security that email instructions do not. Cashroom provide both a cost effective fully outsourced service that can deliver almost everything that an internal finance team would be charged with, as well as a wraparound service to support an internal finance team.’ 

Stewart MacBride
Finance Director, MBM Commercial LLP
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