SAN FRANCISCO, Oct. 11, 2018 /PRNewswire/ -- Everlance, the highest-rated mileage and expense tracking app in the Apple App Store, is announcing today that the company has reached the 500,000 user milestone and that Everlance customers can now seamlessly sync their mileage and expenses to their Xero or FreshBooks account, the two leading cloud accounting platforms for SMBs and freelancers.
500,000 User Milestone and the Road to Full Automation
Everlance's subscribers have grown over 10x in the last 2 years driven by consumers wanting an easier way to document their expenses and organize their financial life. As the service has grown Everlance has focused on continuing to improve the level of automation and personalization. Everlance is designed so that the more someone uses Everlance the more productive they become. The product uses GPS to learn Favorite Locations to classify commutes, and it digests credit card data to learn Favorite Merchants to create rules for business expenses. After announcing bank and credit card integration earlier this year Everlance believes the natural next step is to allow users to bring their Everlance data into their accounting system and vice versa.
Integrations with Xero and FreshBooks Address Growing Freelancer Opportunity
Today, over 36% of the US workforce is a freelancer and researchers believe that number will grow to over 50% within a decade. Everlance's new partnerships with Xero and FreshBooks, which represent Everlance's first direct integrations with cloud accounting platforms, mark a major step in Everlance's vision of empowering freelancers and SMBs to put their finances on auto-pilot.
"We launched Everlance in 2015 to replace the two most common 'technologies' used for documenting business expenses and mileage -- the shoebox of receipts and the paper mileage log," said Alex Marlantes, CEO of Everlance. "We're thrilled to be working with FreshBooks and Xero. In addition to being fantastic products and common requests from users, we all share a common vision of using automation to make the frustrating parts of being an independent worker completely disappear."
"Xero's open platform allows us to seamlessly integrate with hundreds of third party apps to automate the flow of data so that our customers can spend less time on administrative tasks, and more time building their business. We are excited to welcome Everlance and their customers to our ecosystem," said Aaron Bloom, Sr. Product Manager - Americas, Xero.
"The FreshBooks' belief is that billing and accounting can and should be painless. This new integration between Everlance and FreshBooks enables self-employed professionals to automatically track business mileage and expenses to maximize deductions at tax time. As more and more people strike out to work for themselves, seamless experiences that save them time and money will make all the difference in their success." - Mark Girvan, Chief Commercial Officer, FreshBooks.
The integration can be accessed from Everlance's web dashboard under "Reports", then "Send to Integrations". Xero and FreshBooks customers can get 2 months free of Everlance Premium at www.everlance.com/xero or www.everlance.com/freshbooks.
Founded in 2015 by Alex Marlantes and Gabriel Garza while graduate students at Stanford, Everlance was developed to help the growing independent workforce with an intuitive app that tracks mileage and expenses. Today Everlance is used by everyone from rideshare drivers to Fortune 500 employees and has the distinction of being the #1-rated mileage and expense tracker (4.9 / 5.0 stars) and featured by both Apple and Google as one of their "Best New Apps". www.everlance.com
Born in the cloud, Xero is a beautiful, easy-to-use platform for small businesses and their advisors. The company has over 1.4 million subscribers in over 180 countries and a thriving ecosystem seamlessly integrating with 700+ apps. www.xero.com
FreshBooks is the #1 invoicing and accounting software in the cloud designed exclusively for self-employed professionals and their teams. The company has helped more than 10 million people process billions of dollars through its easy-to-use platform. www.freshbooks.com
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