Cheqbook
LLC | |
Industry | Computer software |
Founded | United States (2010) |
Headquarters | Kahului, Maui, United States |
Key people |
Doug Levin (CEO), Ben Ward (CTO), Tommy Russo (CMO) |
Website | cheqbook.com |
Cheqbook is a cloud accounting Software-As-A-Service for small-to-medium business. Cheqbook automates downloading and categorizing transactions as well as offering invoicing (Accounts Receivable), bill pay (Accounts Payable), and reporting. The software is available via monthly subscription on Mac, PC, and tablet computers running a modern web browser. Subscriptions are tiered based on the number of companies or books being managed. Accountants and business owners can share their books.
History
Cheqbook was founded with a $651,000 seed round raised on December 31, 2010. CEO Doug Levin's CPA firm Levin & Hu CPAs was unable to recommend cloud based solutions and still recommended the desktop version of Quickbooks. Cheqbook was founded with the purpose of building that software that CPAs needed while being intuitive for business owners. Private beta began on April 23, 2012. Cheqbook officially launched on May 17, 2013.[1] The Pro marketplace for accountants and bookkeepers was launched on July 10, 2013.
Products
Cheqbook
Cheqbook is cloud accounting software for small-to-medium business. Cheqbook primary focus is being intuitive for new business owners while having the flexibility and pro features that CPAs need. Features include: Bank synchronization, Automatic categorization, Invoicing(Accounts Receivable), Bills(Accounts Payable), Check Printing, Bank reconciliation,
Pro Marketplace
The Pro Marketplace is free match-making service that pairs business owners with accountants and bookkeepers in their community.
References
- ↑ Fineburg, Seth. "Cheqbook Cloud Bookkeeping Hits the Market". Accounting Today.
- General
- Maui Startup Launches Cloud Accounting Site Cheqbook to Compete with QuickBooks - Wall Street Journal, July 13, 2013
- Tides Of Commerce - Maui News, July 2, 2013
- Maui executives launch online accounting site Cheqbook to compete with Quickbooks - Pacific Business News, June 19, 2013