Debitoor is an online billing and accounting program that caters to freelancers and SMEs, offering a user-friendly, cloud-based SaaS solution. Founded in 2012, the Denmark-originated platform simplifies invoicing and bookkeeping processes, enabling users to generate and send invoices from any internet-connected device. It also includes expense tracking and accounting management features.
The platform's intuitive interface makes it accessible to individuals with limited accounting knowledge, and its invoice designer helps businesses maintain a professional image. Users can create budgets, delivery notes, and easily convert them into invoices. Debitoor also automatically reconciles payments and collections by uploading bank statements, providing added convenience.
Available in six languages and utilized in over 40 countries, Debitoor has gained significant traction in major European markets including Germany, France, the United Kingdom, Italy, and Spain. The platform was initially a part of e-conomic, a cloud accounting program, before becoming an independent company, Debtor ECI, in 2015 under the HgCapital investment fund's ownership, which markets Debitoor in Europe. The current chairman of Debitoor ECI is Alessandro Justesen Leoni.
The company's offering has grabbed the attention of entrepreneurs on the go, as it also provides a mobile app for both Android and iPhone platforms, allowing users to manage their billing and expenses anywhere. Overall, Debitoor's value proposition lies in its ability to empower businesses with effortless invoicing and accounting, equipped for the modern entrepreneur's needs.
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