CRUNCH ACCOUNTING NAMED PCG SELECTED ACCOUNTANT - Top Stories news and analysis from Global Banking & Finance Review
Top Stories

CRUNCH ACCOUNTING NAMED PCG SELECTED ACCOUNTANT

Published by Gbaf News

Posted on July 4, 2014

2 min read
Add as preferred source on Google

Crunch gains industry recognition as online accounting software invoices over £1bn

Crunch Accounting Receives PCG Recognition

Hove-based Crunch Accounting is today named a PCG Selected Accountant – the first and only purely online accountant to be formally recognised and endorsed by the freelance industry association.

Clients Invoice Over £1 Billion Online

Crunch also announces its clients have collectively invoiced over £1 billion through the Crunch online accounting software, with daily invoicing now averaging over £1 million.

About PCG and Crunch’s Client Base

The PCG is the leading authority on freelancing and the EU’s largest association for independent professionals, with over 21,000 members. Crunch provides accountancy services for more than 5,500 freelancers, contractors and micro businesses across the UK.

PCG CEO Chris Bryce said: “The Selected Accountants scheme was designed to recognise accountants that go above and beyond to look after freelancers and contractors, and we’re incredibly pleased to see a purely online service created specifically for this group.”

Darren Fell

Darren Fell

Darren Fell, managing director of Crunch added: “We are delighted to be recognised as one of the PCG’s Selected Accountants. Many of our clients are PCG members, and vice versa, so to get their stamp of approval is an important achievement for us at Crunch.”

Impressive Growth in Invoicing Activity

“We’re now seeing an average of £1 million per day pass through our online accounting software, and at the end of March our clients billed £7.5 million in 24 hours. Freelancers and contractors are making a tremendous contribution to the UK’s economic recovery, and this recognition from the PCG shows that online accounting is now truly a mainstream alternative to costly traditional firms.”

Cloud Software and Expert Accountants Combined

Crunch combines cloud software with expert accountants to provide a complete accountancy service for freelancers and micro businesses for a flat monthly fee.

Key Takeaways

  • Crunch Accounting becomes first purely online accountant to be recognized as a PCG Selected Accountant.
  • Clients have invoiced over £1 billion via Crunch software, with daily average invoicing surpassing £1 million.
  • At the end of March, clients billed £7.5 million in a single 24‑hour period.
  • Crunch serves over 5,500 freelancers, contractors and micro‑businesses across the UK.
  • PCG endorsement underscores acceptance of online accounting as mainstream alternative.

References

Frequently Asked Questions

What does being a “PCG Selected Accountant” mean?
It means Crunch is formally recognised and endorsed by the freelance industry association PCG for exceptional service tailored to freelancers and contractors.
How much have Crunch’s clients invoiced through its software?
Clients have collectively invoiced over £1 billion via Crunch’s online accounting platform.
What is Crunch’s current daily invoicing average?
Crunch’s software now handles invoicing averaging over £1 million per day.
How many clients does Crunch serve?
Crunch provides accountancy services for more than 5,500 freelancers, contractors and micro‑businesses across the UK.
What milestone was reached at the end of March?
At the end of March, Crunch clients billed £7.5 million in a 24‑hour period.

Tags

Related Articles

More from Top Stories

Explore more articles in the Top Stories category