Seedrs campaign for accountancy management platform reaches 60% of target in two days
by Nicholas Fearn , July 16
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.