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This document describes iFacturas, a mobile invoicing app for independent contractors. It allows contractors to invoice clients from their smartphone, eliminating paperwork. The app will be available on iPhone, Windows Phone 7 and iPod Touch. It uses GPS, camera and email to streamline the invoicing process. The founders are seeking โฌ1.5M in seed funding to market the app globally and expand to additional platforms like iPad. They believe the app could have 90,000 users generating โฌ6M in profit by 2015.
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- 1. iFacturas invoicing app mortjac Morten Jacobsen CEO, No Excuse Accounting AS Microsoft Global Showcase Partner for WP7 onsdag 27. oktober 2010
- 2. Problem description โข Angelesโ situation โข marketing consultant โข Independent Contractor โข Lives in Spanish medium large town (Alicante) โข Doesnโt have time to one day of paperwork each week, and doesnโt like to pay others for the work either. โข To many tasks: late invoicing and payment โข Lack of economic control onsdag 27. oktober 2010
- 3. iFacturas invoicing app โข Invoice at the point of service and immediately when the job is done โข iPhone, iPod Touch and Windows Phone 7 โข One tenth of time & costs โข Get addresses with GPS โข Document with camera โข Send invoice as email or send it from our print-center onsdag 27. oktober 2010
- 4. Competitors โข Send Regning โข Sage Contaplus โข FreshBooks โข iFacturas - the only app conceived entirely for Contractors and the smartphone onsdag 27. oktober 2010
- 5. Team โข 2 from Norway and 3 from Spain โข Broad competencies: auditor, graphic designer, programmer, database programmer and marketer โข I have represented EU in the OMG General Ledger standadrization which was approved in Tokyo in year 2000 with the vote from International Accounting Standard Committee. โข ยซEconomica - accounting for the rest of usยป got 16 thousand users in 3 years in the nineties Morten Jacobsen CEO Hans Kolstad CFO Toni Climent Development Antonio Revaliente Marketing Bego Fontanet Design onsdag 27. oktober 2010
- 6. Potential users โข Our clients: professional smartphone users world wide โข Phase 1, Spain:ATA deal + MS alliance: 500K โข Phase 2, Rest of Spain and Norway: 3M โข Phase 3,America: Spanish and English speaking worlds 60M onsdag 27. oktober 2010
- 7. Business Model โข Free download and use. Pay for value-transaction: Invoice โข Freemium: Email: โฌ1 / Print&post: โฌ4 โข Premium - subscribtion for people who wants predictability โข Estimated income User/month Spain: โฌ14, Norway โฌ30 โข High margin โข Break even with approximately 1000 users in Q1 2011 โข 2015: 90 thousand users (5.5 times Economica in the nineties) and โฌ6M pro๏ฌt onsdag 27. oktober 2010
- 8. State โข Signed deal with ATA, the Spanish association for Independent Contractors โข Distribution with Microsoft and Movistar to ATAs 500 thousand members โข Microsoft Global Showcase Member โข Launching with Microsoft worldwide โข Featured in the Spanish newspapers onsdag 27. oktober 2010
- 9. onsdag 27. oktober 2010
- 10. Call to action โข Funded by founders โข Seeking seed capital up to โฌ1.5M for: โข Marketing โข Global English version โข iPad platform โข Venture Capital will be needed to extend to the rest of the Hispanic world and to US onsdag 27. oktober 2010
- 11. Join us to stop contractors losing time and money! Homepage: iFacturas.blogspot.com mortjac @ gmail, twitter, web, facebook and Skype onsdag 27. oktober 2010