online accounting software

e-conomic launches Android accounting app

April 07, 2011

e-conomic's accounting software is now available on all smartphones

Small and medium businesses can now transfer their entire accounts to any smartphone and from there create and send invoices, book entries and access key figures. With the e-conomic Android app comes a scanning module that allows users to scan and send documents directly to their accounting system via a single click with their mobile phone camera.

10,000 customers are already using e-conomic's iPhone app launched six months ago. Mobile telephony company 3 is strengthening its focus on intelligent business apps.

Scan documents with your mobile phone

- Our iPhone app has been a great success, and there has been a huge demand from our customers with Android phones – which is about half of our customers – to create an Android app as well. And now companies using Android phones can also create customers, create and send invoices, book entries and get a complete overview of their key figures while they're on the move. Everything you do on your mobile phone is recorded directly in the e-conomic system, which is a central feature to the app that will allow you to save a lot of time, says e-conomic CEO Torben Frigaard Rasmussen.

- Additionally, we have a special new feature for our Android customers. They can access an intelligent scanning module that allows them to take pictures of documents with their mobile phones and send them directly to the e-conomic accounting system. In principle, they can use their mobile phones to scan all documents and save them in the system, which will ease their administrative load considerably. We have also added more graphics for the Android app, including pie charts showing turnover per customer, which can be used strategically when negotiating new pricing agreements, says Torben Frigaard Rasmussen.

Business systems moving to mobile phones

The new e-conomic Android app is also good news to the mobile phone market. Mobile telephony company 3 is targeting the business segment through selected smartphone apps that add real value for business owners and small businesses.

- Sales of mobile phones have just surpassed sales of computers, and to business people especially mobile phones will become even more important as an allround tool, both when they are with customers and when they are at home. Before, we sold subscriptions exclusively based on pricing, but now it's clearly the supply of value-adding services that determines the market situation. That's why we have strengthened our focus on business intelligent apps like e-conomic which provide actual time savings and improved access to key decision-making data when you're on the move, says Jack Petersen, 3 Innovation Manager.

Covers 90% of the market

With the two new accounting apps, which can be downloaded for free for mobile phones with Google's Android operating system and iPhones respectively, e-conomic now covers 90% of the mobile phone market.

- More or less everyone uses smartphones, and Android phones and iPhones have about equal market shares. Historically, Android phones haven't had the same processor power and memory storage as iPhones, and when you transfer your entire accounts to a mobile phone, you need a fast and stable model. With the new mobile phones from HTC, Samsung and others, the system requirements are now no longer an issue, and that's why we feel this is the right time to launch the accounting app, says Torben Frigaard Rasmussen.

Further information

Torben Frigaard Rasmussen, e-conomic CEO, +45 26 16 33 90
Jack Petersen, 3 Innovation Manager, +45 31 20 07 07
Press contact

Kim Sneum Madsen
e-conomic international a/s
E-mail: ksm@e-conomic.com
Tel. +45 88 20 48 40

Contact information

e-conomic international a/s
Wildersgade 10 B
DK - 1408 Copenhagen K
Denmark

Tel.: +45 88 20 48 40
Hotline: +45 88 20 48 41
Fax: +45 88 20 48 42
E-mail: info@e-conomic.com

Bank information
Handelsbanken
Account number 0895 / 1000788
SWIFT / BIC HANDDKKK
IBAN no. DK2608950001000788

Company reg. no. 10067855

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Contact

e-conomic international a/s
Wildersgade 10 B
DK - 1408 Copenhagen K
Denmark
Tlf.:
Fax:
Hotline:
Email:
+45 88 20 48 40
+45 88 20 48 42
+45 88 20 48 41
info@e-conomic.com

e-conomic in brief

e-conomic is an online accounting software used by more than 48,000 companies and 4,100 accountants worldwide - from sole practitioners to large accounting firms. The software is easy to use and flexible, and you can give your accountant free access.