Seedrs campaign for accountancy management platform reaches 60% of target in two days

A Seedrs campaign for a cloud-based management platform for accountants has already reached 60 per cent of its £75,000 target in just two days.

Set up on Wednesday morning by Bridgend-born entrepreneur Phil Murphy and business partner James Kilford, over £45,000 has so far been raised for their business, Senta.

The aim of the platform is to make running an accounting practice easier by offering up a cloud-based solution where accountants can keep track of tasks centred around their clients.

It also encourages secure communication between the accountant and the client through a built-in document portal, rather than using an insecure email service.

Money raised will be used to bring the business to a break-even, cash-positive position and will be invested in improving areas such as marketing, PR and sales.

Phil Murphy, co-founder of Senta, said: “About 18 months ago, an accountant friend approached us and asked if we could build him a practice management system.

“The first thing we did was look for an off-the-shelf system, and we were amazed there wasn’t anything easy to use or cloud-based, so we started building our own.

“We’ve been going for 12 months, initially incubated by WebStart Bristol, and are now looking for investment to improve areas such as marketing and PR.”