Freshbooks

Freshbooks Overview

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Founded: 2003

Workforce: ~200

Company Working: FreshBooks provides cloud accounting solutions for small business owners. The company offers various solutions through its platforms such as online invoicing, expense tracking, time tracking, accounting reports & taxes, and bookkeeping. More than 24 million people have used its software to send, receive, print, and pay invoices; over USD 60 billion invoices are paid through FreshBooks, saving over an estimated 192 hours annually. The company has a customer base across over 120 countries. FreshBooks integrates with a number of applications to run the business with ease. FreshBooks also offers an easy-to-use transaction capture tool for small, service-based business clients.

Strategy

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Company Snapshot

200

Employees

2003

Founded

Ontario, Canada

Headquarters

SWOT Analysis

Strengths

Strong market presence
Wide product portfolio

Weaknesses

Highly dependent on North American market

Opportunities

Strategic partnerships and alliances

Threats

Economic downturn
Security breaches may impact business software

Product Offering

Freshbooks
- Tax and Accounting Software

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