SOURCE: FreshBooks

February 08, 2007 08:00 ET

FreshBooks Integrates Time-Tracking Service Into Leading Online Invoicing Service

TORONTO -- (MARKET WIRE) -- February 8, 2007 -- FreshBooks, which recently surpassed 125,000 "happy" business users, is releasing a completely redesigned time-tracking service for its online invoicing suite for small businesses, project teams and independent professionals. FreshBooks is also introducing two new packages for teams with 10 and 20 users. The pricing ranges from $14-149 per month.

FreshBooks is a painless online invoicing and time-tracking service designed to make its users look "Fortune 500" professional. The redesigned time-tracking service is fast and easy to use -- saving users time, improving customer relations and helping them better manage their business.

FreshBooks' new time-tracking service improves workflow and reporting by allowing users to accurately track and enter time in hourly, daily and weekly formats. It also includes a pop-up timer to record on-the-spot activities. Timesheets can be shared to improve client relationships and reduce the time spent communicating and justifying project progress. Invoices are generated with one click from Timesheet entries which speeds collection and takes the pain out of billing clients.

"Our time-tracking service is a compelling addition to the FreshBooks online invoicing service," said Mike McDerment, CEO of FreshBooks. "It prevents revenue loss by documenting the daily tasks you and your team perform, it integrates workflow and invoicing, and it improves and strengthens client relations."

Typical industries that benefit from online invoicing and Timesheets include legal professionals, PR/marketing firms, advertising agencies, nurses, project managers, contractors, freelancers, consultants, virtual assistants, journalists, technicians, developers, web designers, graphic designers, etc.

Timesheets Highlights

--  Log hours daily, weekly, monthly or with a start/stop timer
--  Share Timesheets with your clients
--  Generate invoices and reports
--  Create projects and tasks
--  Document task notes
--  Flexible project billing (flat fee, staff rate, task rate or project

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About FreshBooks

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

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