MOUNTAIN VIEW, Calif.
March 27, 2013
, the leader in bookkeeping and tax software for online sellers, announced this week it recently crossed over the 2 billion transactions mark, representing exponential growth in the last two years. The company, which originally launched in 2008, now has more than 300,000 registered users, as well as has doubled in size out of its
office, from about 40 to 80.
The only web-hosted bookkeeping software specifically created for the 24 million Americans who work for themselves,
delivers a streamlined, online solution to help entrepreneurs and sole proprietors track all of their income and expenses so they can operate more efficiently and get their taxes done accurately.
"This is no small feat in the world of small businesses, and we are thrilled with our steadily rising transaction levels," said Steven Aldrich, CEO of
. "To exceed 300,000 users in just a short period of time is an absolute testament to how we have built a site that our users can always rely on to help efficiently run their business. And it's a major incentive for the Outright team to continue delivering the exceptional products and services that our microbusiness-based users deserve."
, Outright reported approximately 50,000 users.Aldrich attributes the company's significant growth to his team's ability to focus on the specific needs of its target audience, including maintaining high levels of privacy and security, as well as providing faster, more efficient real-time data processing.
"We have made a lot of positive changes to assist the online seller market in the last few years," he said. "Reaching this milestone is truly significant, and will allow Outright to remain focused on offering easy-to-use, yet vital financial tools to help small online businesses thrive."