September 20, 2018

Meet NeoCloud, a Tech Company That's Mastered Seamless Billing Using a Cloud Accounting Solution

Here's how NeoCloud CEO Van Murray and his team streamline their billing with the help of a simple cloud accounting solution.

NeoCloud is a young tech company that businesses go to for custom cloud strategies. Just five years ago, the brand was born out of a larger organization. And since then, Van has seen his company grow by leaps and bounds. Today, the thriving business has more than 50 ISP partners, including Google, Microsoft and FreshBooks.

The Challenge with Growth

NeoCloud's business model relies on recurring revenue and automated efficiencies, so it was processing a large number of invoices from the get-go. Consolidated billing was crucial to its success.

"Although familiarity, reputation and trust was a big part of why we chose FreshBooks, the recurring billing feature is very important to us and that's where FreshBooks gave us the most value."

Rolling Out a New System

"The biggest thing was having great support throughout the process. Multiple people within FreshBooks in different groups helped accomplish that." Ultimately it turned out to be a very easy experience. "They simplified a complex system without overly complicating the options, which made launching so much easier."

Driving Results

3X fewer people needed to manage billing and invoicing
Saved roughly $18,000 annually on credit card processing
Over 40% year-over-year growth using recurring billing

Source: FreshBooks