FreshBooks
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Developer(s) | 2ndSite Inc [1] |
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Initial release | 2004[2] |
Stable release | 2019
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Operating system | Windows, macOS, Linux, Solaris, Unix, IBM[3] |
Available in | 12 languages |
List of languages English, French, Danish, Estonian, German, Italian, Norwegian, Portuguese, Spanish, Spanish (Latin American), Swedish<[4] | |
Type | Accounting software,Cloud computing,SaaS |
License | Proprietary |
Website | www |
FreshBooks is an accounting software package developed and marketed by 2ndsite Inc. FreshBooks products are geared mainly toward small to medium-sized businesses and offer cloud-based accounting applications that send invoices to clients to bill for time and expertise.[6] The company was founded in 2003 and is based in Toronto, Ontario, Canada.
History
The company was founded in 2003 by Mike McDerment[7] and Joe Sawada[8] out of McDerment's previous Internet marketing consulting business Anicon. The company traces its origins to McDerment inadvertently losing an invoice record by overwriting in 2003 and sought a new way to manage the accounting for his own business. The product was first eponymously named 2ndsite, synonymous with the company. The company rebranded the product in 2006 as FreshBooks.[9] In 2016, the company unveiling its new interface and claimed to have improved load times in the app.[10][11]
Product
FreshBooks offers a subscription-based product that includes invoicing, accounts payable, expense tracking, time tracking, retainers, fixed asset depreciation, purchase orders, payroll integrations, double-entry accounting, and industry-standard business and management reporting.[12] All financial data is stored in the cloud on a single unified ledger, allowing users to access the same set of books regardless of location on desktop and mobile.[13] It offers a free API that enables customers and 3rd-party software vendors to integrate external applications with FreshBooks. FreshBooks also supports multiple tax rates and currencies. It also incorporates a payroll feature and a projects feature.[14]
See also
References
- ^ "2ndSite Inc - Company Profile". Bloomberg Markets. Retrieved 2019-12-12.
- ^ "The Freshbooks Story". Retrieved 2019-12-12.
- ^ >"Freshbooks Software - 2019 Pricing, Features, Demo". Retrieved 2019-12-12.
- ^ >"Languages Freshbooks". Retrieved 2019-12-12.
- ^ "Freshbooks.com Site Info". Alexa Internet. Retrieved 2019-08-21.
- ^ "An open letter from FreshBooks founder Mike McDerment". Retrieved 2014-07-23.
- ^ "From his parents' basement, entrepreneur builds accounting powerhouse". The Globe and Mail. Dec 14, 2012. Retrieved 2013-03-20.
- ^ "FreshBooks' rookie mistakes". Financial Post. 2012-01-20. Retrieved 2013-03-20.
- ^ "About FreshBooks". FreshBooks. Retrieved 3 March 2014.
- ^ "Which online accounting software is (still) the fastest?". Retrieved 2 June 2017.
- ^ "An Open Letter from FreshBooks Co-founder Mike McDerment". Retrieved 2 June 2017.
- ^ Drake 2018-10-17T17:00:22ZBusiness, Nate; Software, Finance. "FreshBooks review". TechRadar. Retrieved 2019-04-12.
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has generic name (help)CS1 maint: numeric names: authors list (link) - ^ "FreshBooks adds bank reconciliation, double-entry accounting to its software". BetaKit. 2019-02-07. Retrieved 2019-04-12.
- ^ Gewirtz, David. "Best cloud services for small businesses". CNET. Retrieved 2019-04-12.