SOURCE: FreshBooks

June 07, 2007 08:30 ET

Billing, Invoicing, and Web Stats for Reporters, Bloggers, and Analysts Covering Small Business Now Available

FreshBooks Sources Monthly Online Billing and Technology Statistics and Trends From Its Online Invoicing and Time Tracking Service

TORONTO--(Marketwire - June 7, 2007) - FreshBooks, which recently surpassed 180,000 "happy" business users, announced its May 2007 billing, Web, and tech statistics for media tracking the small to medium-sized business (SMB) market.

The company provides a monthly resource for reporters, bloggers and analysts seeking relevant market data. FreshBooks' online invoicing and time-tracking service anonymously collects and aggregates data in real time, leveraging its Software as a Service (SaaS) model to deliver ongoing insight into trends in the SMB market.

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May 2007 Trends

For companies who accept online payments:

-- In April, 16.0% of payments were accepted online
-- In May, 15.2% of payments were accepted online
Payment Methods:
-- Visa: 14.7% April, 14.5% May
-- MasterCard: 7.7% April, 7.2% May
-- Amex: 4.2% April, 4.1% May
-- PayPal:  7.6% April, 8.3% May
-- Other (including check, cash, account credit, etc.): 66.8% April,
   66.1% May
For companies that send invoices by both email and by snail mail:
-- In April 95.3% of invoices were sent by email and 4.7% were sent by
   snail mail
-- In May 95.8% of invoices were sent by email and 4.2% were sent by
   snail mail
Browser Usage:
-- Internet Explorer 7 - April 26.12%, May 26.26%
-- IE 6 - April 33.91%, May 32.65%
-- Firefox 2.0 - April 28.99%, May 30.95%
-- Firefox 1.5 - April 6.66%, May 5.99%
"Internet Explorer 7 growth looks like it has finally cooled down, still falling short of Firefox 2.0," says Cooperman.

Operating System Usage

-- Windows - April 89.44%, May 88.70%
-- Macintosh - April 8.26%, May 8.94%
-- Linux - April 1.56%, May 1.67%
-- Unix - April 0.03%, May 0.01%
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About FreshBooks, the Company

Based in Toronto, Ontario, Canada, FreshBooks, formerly 2ndSite, was introduced on May 1st 2004 and has released 17 new versions since then.

Aside from providing painless online time tracking and billing services, FreshBooks also helps small businesses by driving community-based initiatives such as weekly tele-seminars, daily web log stories with helpful information, and an active, user-driven forum. The company can be reached at 866-303-6061 or info[at]

Contact Information

  • Contact:
    Alison McNeill
    408-428-0895 Ext. 112
    Email Contact