How Accountancy Cloud helped OLIO set up Accounting Processes that Grew Seamlessly with their Business
OLIO connects neighbours with each other and with local businesses so surplus food can be shared, not thrown away. A fantastic solution to the serious issue of unnecessary food waste, OLIO makes waste-free living easy and achievable for everybody.
The Challenge
6 years ago, OLIO was a brand new business with the awesome aspiration to reduce unnecessary food waste but they didn’t quite know where to start when it came to the accounting side of things.
How could OLIO build strong financial foundations that would support them sustainably as they grew?
The Solution
After considering a number of options, it was Wesley, Co-Founder & CEO of Accountancy Cloud who encouraged Saasha to begin the partnership. Unlike other accounting firm options, the personalised experience that Saasha got from Accountancy Cloud made it the obvious choice for OLIO.
The Result
OLIO has been a valued partner of Accountancy Cloud for over 6 years now, and in that time the company has experienced so many fantastic results.
Not only have they raised 4 rounds of financing and grown their team from 2 to 40, but they’ve also extended their reach to over 3.3 million “OLIOers” around the world.
Spotlight Results
- Grown their team from 2 - 40 people
- Successfully secured R&D credits 6 years in a row
- Expanded from 10,000 - 3.3 million members
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