The Cashroom Portal Celebrates 10 Years of Transforming Legal Finance
Cashroom is proud to celebrate the 10-year anniversary of the Cashroom Portal, a leading digital finance and cashiering platform built exclusively for the unique finance management of law firms.
Since its launch in 2016, the Portal has evolved from a simple solution designed to obtain secure client instructions into one of the UK’s most trusted legal finance platforms. Today, it supports more than 300 law firms and 6,500 users, enabling them to instruct their Cashroom team with ease, manage client money securely, meet regulatory obligations with confidence, and streamline their day-to-day finance processes.
Paul O’Day, Chief Technology Officer at Cashroom, reflected on the early days of the Portal:
“When we first started developing the Portal, our focus was on creating a platform that would simplify legal finance for firms, reduce the need for email communications, while keeping client money secure. Over the years, our team has grown alongside the platform, expanding our expertise, refining workflows, integrating with multiple systems and continuously responding to the real challenges our clients face. Seeing the Portal evolve from a simple solution into a sophisticated, integrated platform has been incredibly rewarding.”
The Cashroom engineering team were developing and using advanced workflows long before AI became the industry buzzword; and well before many law firms felt comfortable adopting new technology. Introducing these workflows was initially a challenge for some firms, but once they experienced the efficiency gains, improved controls, and smoother day-to-day processes, the value quickly became clear.
Over the past decade, the Cashroom Portal has continually grown, introducing industry-first capabilities that tackle the real operational challenges faced by law firms in their finance functions. From Open Banking integration and Confirmation of Payee checks to automated approval workflows, real-time reporting, and secure, auditable communication channels, the Portal has transformed how firms manage their finance processes.
Today, it integrates seamlessly with more than 30 practice management systems, enhancing efficiency and ensuring firms benefit from a fully connected, end-to-end finance ecosystem.
Security has been embedded in the Portal’s architecture from the outset, with the Cashroom team engineering each component to deliver industry-leading protection, stability, and resilience. For nine consecutive years, the organisation has held Cyber Essentials Plus certification; a testament to its unwavering commitment to protecting client money and sensitive data.
The Cashroom Portal has also received multiple awards and industry recognition for its innovation, reliability, and contribution to legal technology. Honoured in categories spanning technology excellence, innovation, and security, the platform has firmly established itself as a trusted solution for law firms across the UK.
Steven O’Day, Chief Operations Officer of Cashroom, commented:
“Ten years on from when we first developed The Portal, it has become the backbone of legal finance operations across the country and is central to how hundreds of firms manage their finance operations. This milestone reflects the commitment of our team, the feedback of our clients, and our ongoing mission to drive innovation in legal technology whilst ensuring excellent service delivery.”
As law firms navigate new regulatory updates and growing expectations around security and efficiency, the Cashroom Portal continues to deliver technology that supports them today while helping build a more resilient future.
“Cashrooms innovative portal prompts best practice, compliance and provides a clear audit trail as well as enhancing security for our firm and clients.” McKee Campbell Morrison
To mark the 10 year anniversary of the Portal, Cashroom will be sharing insights, client stories, and a look back at the development of the Portal across the next few months.
About Cashroom
Cashroom provides outsourced legal cashiering, payroll, and management accounting services to more than 300 law firms across the UK. Supported by the award-winning Cashroom Portal, the team delivers secure, compliant, and efficient financial operations for firms of every size.
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“I’ve been a client of Cashroom for over 10 years and couldn’t fault the service. When I started the firm, I had basic knowledge of compliance and bookkeeping but didn’t feel confident managing it myself. Cashroom took that weight off my shoulders and provided an invaluable resource I wouldn’t have been able to afford in-house.”
