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A software company which has created a specialist cloud-based Client Relationship Management (CRM) system specifically for accountants is using a £250,000 CIOSIF loan to drive future growth.

FibreCRM integrates the different technologies used by accountancy practices, allowing an easier flow of information and ultimately helping make accountants’ lives easier.

The company already has an impressive client list boasting some of the UK’s most progressive accounting firms and is experiencing growing interest in its innovative software. The solution helps firms build stronger relationships by being more productive and proactive with their marketing, business development and operations, in addition to bringing much needed visibility throughout the practice.

FibreCRM founder and CEO, Simon Leek, said: “The investment comes at a crucial time, enabling us to grow the team in Cornwall, build capacity to service increasing demand and continue to innovate. We are thrilled that our product is being so well received by the industry, as evidenced by our shortlisting for Accounting Excellence’s software innovation of the year award.”

The CIOSIF investment is part of a £750,000 funding package, which also includes £250,000 from Cass Entrepreneurship Fund and £250,000 from the Chelverton Investor Club managed by Chelverton Asset Management.