Online Accounting Keeps Adding Up: Clear Books Hits 1,000 Customers

Top Quote Online Accounting Keeps Adding Up: Clear Books Hits 1,000 Customers. End Quote
  • (1888PressRelease) November 17, 2010 - Clear Books, the online accounting system for small businesses, is pleased to announce that it has exceeded the important milestone of 1,000 paying customers.

    Clear Books officially launched in July 2009 and took a year to reach its first 500 paying customers. The second 500 subscribed in just under 4.5 months.

    Clear Books is an example of how a UK company can start up on a shoe string budget in difficult financial times and prosper, powered by British determination and the marketing power of word of mouth.

    Tim Fouracre was 26 when he founded Clear Books and spent the first 16 months coding the core web application from his lounge. Now his company employs 7 people, has offices in West Kensington and is expanding rapidly.

    Commenting on the achievement Tim said, "This milestone is important to us. Not only does it underpin us financially, but it validates our accounting system. We believe that we are developing the best accounting software in the UK and now 1,000 small businesses agree with us. It's been an interesting journey and one in which we have often felt like the underdog, but we are a young, independent and dynamic company that believes in punching above its weight."

    With November on track for another record month in new subscriptions, Clear Books is gunning straight for current UK market leaders Sage and its 6 million customers.

    1,000 down and 5,999,000 or so to go.

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