FreshBooks
FreshBooks is a leading provider of cloud-based accounting software tailored specifically for service-based small business owners and independent professionals. Headquartered in Toronto, Canada, the company has assisted over 10 million users globally in processing billions of dollars through its user-friendly features, which include invoicing, time tracking, and expense management. FreshBooks simplifies financial tasks, allowing small businesses to maintain accurate bookkeeping and manage their finances efficiently. The company has earned recognition for its customer service, receiving multiple Stevie awards for excellence. With a customer base spanning 160 countries, FreshBooks is dedicated to delivering exceptional experiences to its users.
FastBill GmbH develops a Web-based solution to create and send estimates, invoices, credit notes, and more online for Fortune 500 businesses/small businesses, freelancers, and jimdo shop users. Its solution also allows clients to create and send digital documents (for services and products); organize projects; track and archive receipts and expenses; know financials; provide reports to accountants; and offer time tracking and client management options. The company is based in Essen, Germany.
Problem: . In México 65% of small businesses disappear within 2 years of founding due to inadequate fiscal administration. Solution/ Product . Facturama, online platform to help professionals and microenterprises maintain better control of their finances through electronic invoice management and other organizational services. Market . According to SAT (Mexican Tax Administration Service), the electronic invoice market is worth about $3 billion dollars annually and Forbes reported 250% growth from 2013 – 2014 due to the government mandate that all invoices must be delivered electronically. . There are more than 36 million taxpayers in Mexico.
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