SOURCE: FreshBooks

February 15, 2007 08:00 ET

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

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

TORONTO -- (MARKET WIRE) -- February 15, 2007 -- FreshBooks, which recently surpassed 125,000 "happy" business users since its initial release in 2004, announced its January 2007 billing and tech statistics for media tracking the SMB market.

The company provides a monthly resource for reporters, bloggers and analysts covering the small-to-medium-sized business and technology markets seeking relevant market data. FreshBooks' online invoicing and time tracking suite anonymously collects and aggregates data in real time, leveraging its Software as a Service (SaaS) model to deliver ongoing insight into trends in the Small Business Market.

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January 2007 Trends

For companies who accept online payments:

--  In December, 14.7% of payments were accepted online
--  In January, 17.0% of payments were accepted online
Payment Methods:
--  Visa: 16.5% in December, 15.5% in January
--  MasterCard: 7.7% in December, 7.6% in January
--  Amex: 4.2% in December, 4.19% in January
--  PayPal: 5.6% in December, 6.5% in January
--  Other (including check, cash, account credit, etc.): 65.9% in
    December, 66.3% in January
For companies that send invoices by both email and by ground mail:
--  In December, 95.9% of invoices were sent by email and 4.1% were sent
    by ground mail.
--  In January, 95.9% of invoices were sent by email and 4.1% were sent by
    ground mail.
Browser Usage:
--  Internet Explorer 7 - December 15.42%, January 20.40%
--  IE 6 - December 34.78%, January 37.28%
--  FireFox 2.0 - December 26.53%, January 25.4%
--  FF 1.5 - December 17.61%, January 12.56%
Operating System Usage
--  Windows - December 86.97%, January 88.85%
--  Macintosh - December 10.27%, January 9.04%
--  Linux - December 2.09%, January 1.54%
--  Unix - December 0.06%, January 0.07%

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About FreshBooks, the Company

Based in Toronto, Ontario, Canada, FreshBooks, formerly 2ndSite, was introduced in May 2004, and has released 16 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. Contact 866-303-6061 or info[at]

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