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Accountancy Cloud
Automating bookkeeping for entrepreneurs
- 21-100 employees
- Fintech
- B2B
- Bookkeeping
- SaaS
- Accounting
- London, UK
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Company mission
To help entrepreneurs succeed by improving efficiency and visibility into their business
Our take
Accounting Cloud is looking to take advantage of what seems like a perfect match: the back office misery of mundane and mainly paper-based processes of small-business bookkeeping and the rise of SaaS FinTech offerings.
The company automates most of these accounting and bookkeeping tasks for over 200 small-medium sized businesses so that founders can focus on their product and customers.
While market leaders like Xero has reached multi-billion dollar valuations from a tight-focus on cloud-based accounting automation, Accounting Cloud has managed to carve out great success combining their software offering with a hands-on, human-based service.
To stand-out in a crowded market, the startup has focused their strategy by innovating with new products, such as their CFO marketplace. They are now looking to expand out of their main sectors of expertise in the tech, ecommerce and food and beverage industry.
Freddie
Company Specialist at Welcome to the Jungle
Leadership
Wes Rashid
(CEO)Spent 10+ years in practice in accountancy before founding his first company, Incisive, which was sold in 2013. Then worked as a Senior Director at a major FMCG brand, Diageo, before founding Accountancy Cloud in 2014.