Everyone has a snapping point. For entrepreneur Mike McDerment, it came when he unintentionally conserved over an old invoice in Word. Frustrated with a program which was never created for invoicing, he decided to come up with a much better solution. He started composing code, and together with computer science whiz Joe Sawada, established FreshBooks. Operating from Mike’s moms and dads’ basement, the two worked to develop software which would take the pain out of invoicing.
FreshBooks now has 122 workers and serves customers in more than 120 countries. In North America, they have more paid customers than any cloud-based accounting service except QuickBooks Online. In 2013, FreshBooks victoried gold at the Stevie Awards for “Best Front-Line Customer Service Team,” and its iPhone app took house the IXDA Award.
The company forecasts a fun and friendly ambiance. (After all, the number of companies have a canine VP of Cross-Cultural Integration?) They have actually made several advances lately, including the release of an Android app in 2013, combination with ZenPayroll in January, and a journal entries include currently in beta.
FreshBooks markets itself as a cloud-based accounting option; nevertheless, considered that it lacks numerous of the features essential for accounting (double-entry bookkeeping, chart of accounts, accounts payable, general ledger), I’m going to review it as what it really is at this point: an excellent invoicing option with some fundamental bookkeeping functions. It’s one of the much better invoicing options on the market at present, and it integrates with a huge variety of software. On the downside, it does not have some standard features which numerous of its competitors offer, the most noteworthy being invoice template modification.