Martin Mucci, PaychexPayroll provider Paychex has invested in online accounting software company Kashoo. The size of the equity investment was not revealed; however two Paychex executives now sit on the Kashoo board of directors. Paychex CEO Martin Mucci issued a statement that the investment is part of an expansion of products and services his company provides to small and mid-sized clients and the accounting community.

The Paychex execs who joined the board are Michael E. Gioja, SVP of information technology, product management and development, along with marketing VP Andy Childs. It seems to me that in the crowded field for online accounting for small business this is quite a coup for Vancouver, B.C.-based Kashoo.

Last modified on Friday, 11 October 2013
Read 892 times
Rate this item
(0 votes)

Visit other PMG Sites:

Template Settings


For each color, the params below will give default values
Tomato Green Blue Cyan Dark_Red Dark_Blue


Background Color
Text Color


Background Color


Select menu
Google Font
Body Font-size
Body Font-family
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline