Freshbooks will Offer Cloud Accounting
Maybe Freshbooks (timekeeping and billing software) just got tired of being confused with Quickbooks (accounting software). Or maybe it was just inevitable that an awesome timekeeping and billing software would start to add accounting features, which is what Freshbooks CEO Mike McDerment just announced is coming up.
I’m really excited about this, but I’m not going to uninstall QuickBooks just yet. Freshbooks doesn’t even have an account register, at this point. I’m guessing it will take months before we start to see any new features of the accounting kind, and longer before it could replace Quickbooks. Plus, I don’t have any idea at this point whether trust accounting will be on the radar.
But I no longer have any doubt that lawyers are a priority at Freshbooks. Check this out:
if you are a lawyer, a marketing or advertising agency, a plumber, an interior decorator, an IT professional, a therapist, an architect, a web professional – if you create value for your customers by applying your time and expertise to other people’s problems – FreshBooks is designed for you
(Emphasis mine.) I used to have to persuade people that Freshbooks was okay for lawyers to use. It looks like Freshbooks has taken notice; we’re now first on the list of its target market.
Full disclosure: I have been a paying Freshbooks customer since May 2008 (first for my firm, then for Lawyerist and Bitter Lawyer). Lawyerist participates in the Freshbooks referral program (open to all users), which means you can help support Lawyerist by using this link if you sign up.