Dynacom Launches Nutcache, a Free Invoicing Solution with a Multilingual Twist

Posted by Joseph Czikk

The online invoicing space boasts several competing platforms, with FreshBooks, Wave, Zoho, Invoice Machine and several others taking market share.

If a new platform is both highly accessible and free, there’s always room for one more though. In an effort to reach a more global audience, Dynacom Technologies has developed a new application for safe, free and multilingual invoicing and time tracking called Nutcache.

Currently over 90 per cent of Dynacom’s customers come from Quebec, but the Laval-based company is hoping that is set to change.

“We want to grow the company and have a worldwide presence, and that’s why we’ve developed a web-based and multilingual solution,” said Dynacom’s director of research and development, Sébastien Boyer. “There’s no limitations, so you can use it to do as many invoices as you may need.”

A tool for freelancers and small businesses, Nutcache allows users to bill clients, manage expenses and keep track of hours on each project for no cost. Users can keep track of billable hours for each project, monitor project-related expenses and use real-time reporting to keep on track of finances.

Currently the site is available in French and English while a Spanish version is set to come out later this month. By the end of 2013 Dynacom expects Nutcache to be available in 10 different languages.

 

 

The application was launched in early January but is constantly being updated. Within three weeks another update is expected with multi-user, multi-company functionality. By next summer the company expects to roll out the Nutcache app on iOS and Android.

Creating revenue isn’t on Boyer’s mind, at least not yet. He’s confident the company can eventually monetize through advertising or their API once it becomes available, or through commissions on payment processing.

For now it’s important that Nutcache remains completely free and if it can rapidly implement several new languages then the space may be ripe for a new taker.

Company:
FreshBooks
Website:
http://www.freshbooks.com
Location:
Toronto, Ontario, Canada

In 2003, Mike McDerment, co-founder and CEO of FreshBooks, accidently saved over an invoice, snapped and decided to create a better way to manage his books and bill clients. Since then, FreshBooks has emerged as the #1 cloud accounting specialist for small business owners by helping more than 5 million people track time, organize expenses and invoice clients in the cloud. Known for extraordinary customer service... more

Company:
Wave
Website:
http://www.waveapps.com
Location:
Toronto, Ontario, Canada

Wave makes it easy to be your own boss. Just do what you're good at, and lean on Wave's smart online software for help with invoicing, accounting and payroll. Wave makes your money-related task easy with: • unlimited invoicing, absolutely free! • accept credit cards on your invoices with our "pay now" feature with a super-low, easy-to-understand flat fee • expense tracking with no more manual entry! Connect with... more

Company:
Dynacom Technologies
Website:
http://www.dynacom.com
Location:
Laval, Québec, Canada

Dynacom offers a range of perfectly customizable accounting and business management software products to respond to the needs of all businesses, from the independent worker to the largest enterprise. Dynacom Accounting, Dynacom Technologies' flagship product, is offered in three editions (LITE, SMB and ERP) and is also available online for better accessibility, anywhere, anytime. Furthermore, their customization... more

Company:
Nutcache
Website:
http://www.nutcache.com/web/
Location:
Laval, Québec, Canada

Nutcache is an invoicing and time tracking application specifically designed for small businesses and freelancers. It's a simple and free, multilingual online application to simplify daily activities! Comprehensive and user-friendly features: simple and intuitive online invoicing, timesheet and project time tracking, effective expenses management, real-time reporting. All this offered in a safe, secure and... more


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Joseph Czikk

Joseph Czikk

Joey Czikk is a freelance writer based in Montreal, where he did his graduate studies in journalism at Concordia University. His work has appeared in OpenFile Montreal, Fundica.com's blog and the Westmount Examiner. He also has a passion for radio, having hosted a music show on CFRU 93.3 FM while completing his undergraduate degree at the University of Guelph. A sports nut, Joey often goes... more



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