FastBill Competitive Intelligence & Landscape

FastBill (fastbill.com) is a German cloud-based accounting and invoicing software designed primarily for freelancers and small businesses to simplify their financial management. Founded in 2011 by René Maudrich, FastBill GmbH is headquartered in Frankfurt am Main, Germany, and aims to automate daily routines and bring order to invoices, receipts, and banking. The company's mission is to make accounting as straightforward as possible, recognizing that "life is too short for paperwork & accounting" [fastbill.com, fastbill.com/ueber-uns].

The core offerings of FastBill include professional and legally compliant invoice and offer creation, which can be sent via post or email, with customers able to pay and access invoices online. Beyond invoicing, FastBill provides tools for stress-free bookkeeping, automating receipt capture, digitalization, and categorization, and reconciling them with bank accounts. It also generates useful reports and offers a 100% quality control option for receipt processing. The software supports various integrations, including DATEV, a crucial standard for German entrepreneurs and their tax consultants [fastbill.com, fastbill.com/docs/presse/2017-10-19_PM_FastBill_DATEV_EN.pdf].

FastBill further enhances financial oversight by providing a unified view of bank accounts, credit cards, and PayPal, eliminating the need to log into multiple platforms or maintain separate spreadsheets. It offers a 360-degree customer file, an online customer center with custom branding and invoice history, and insights into income, expenses, and surplus. The platform's features, such as automated recurring invoices, dunning, and tax advisor access, are designed to save time and increase efficiency, supporting growth for small teams and businesses [fastbill.com, fastbill.com/homepage6, fastbill.com/preise/fastbill-pro].

Having experienced growth and profitability, FastBill continues to innovate, demonstrated by its collaborations with other fintech startups like Kontist to offer real-time synchronization between banking and accounting solutions [fastbill.com/presse/fastbill-zieht-nach-12-monaten-eigenstaendigkeit-eine-positive-bilanz, fastbill.com/docs/presse/2018-03-16_PR_FastBill_Kontist_EN.pdf]. The company emphasizes creating a "digital office" where users can manage clients, create invoices, record receipts, and monitor finances from one centralized platform, empowering entrepreneurs with optimized processes and a comprehensive financial management tool [fastbill.com/homepage6].

FastBill (fastbill.com) offers a comprehensive cloud-based invoicing and accounting software designed primarily for freelancers, small business owners, and small to medium-sized enterprises in Germany [Source: https://www.fastbill.com/fastbill-fakten]. The platform aims to simplify and automate daily financial operations, including invoice creation, expense tracking, and banking integration, allowing users to manage their finances efficiently and prepare for tax obligations [Source: https://www.fastbill.com/fastbill-fakten]. A key advantage of FastBill is its ability to centralize various financial tools, from customer and service management to GoBD-compliant archiving, saving users significant time [Source: https://www.fastbill.com/rechnungsprogramm].

FastBill provides a 14-day free trial across all its plans, with no subscription commitment required [Source: https://www.fastbill.com/preise]. The platform features three main pricing tiers: FastBill Solo, FastBill Premium, and FastBill Pro. The Solo plan, starting at 9 EUR per month when billed annually (or 10 EUR monthly), focuses on digital invoicing and basic bookkeeping for solopreneurs, offering features like online invoicing, post and email sending, and E-Rechnung capabilities [Source: https://www.fastbill.com/preise/fastbill-solo]. It streamlines document management by consolidating invoices, receipts, and offers in one place, simplifying bank reconciliation and tax preparation [Source: https://www.fastbill.com/preise/fastbill-solo].

For growing businesses and teams, FastBill Premium and FastBill Pro offer more advanced features. The Premium tariff, for example, includes automatic processing and control of up to 30 receipts for a basic fee of 59 EUR per month, with additional receipts incurring a charge of 0.80 EUR each for more than nine extra documents monthly [Source: https://support.fastbill.com/hc/de/articles/360020552100-Abrechnung-der-zus%C3%A4tzlichen-Belege-bei-FastBill-Premium]. The Pro plan, ideal for teams, includes three users, unlimited bank accounts, and advanced automation features like recurring invoices, internal messaging, and tax advisor access, designed to support complex business processes and enhance collaboration [Source: https://www.fastbill.com/preise/fastbill-pro]. Across all plans, FastBill supports connection with over 4000 banks, credit cards, and PayPal, offering an automated payment matching system that identifies transactions related to receipts and invoices [Source: https://www.fastbill.com/banking].

FastBill significantly automates various processes, from creating professional and legally compliant invoices in minutes to handling receipt capture and categorization via app, email, or automatic collection [Source: https://www.fastbill.com/funktionen]. The software also includes robust dunning management, allowing users to track invoice statuses and trigger up to three dunning levels, with fully automatic options available in the Premium tariff or as an add-on [Source: https://www.fastbill.com/funktionen, https://www.fastbill.com/mahnwesen-software]. Additionally, FastBill provides monthly financial reports and insights into revenues, bank balances, and open invoices, helping businesses maintain a clear overview of their financial health [Source: https://www.fastbill.com/buchhaltung-automatisieren].

FastBill (fastbill.com) is actively seeking to expand its team, reflecting a strategic focus on product development and customer support for its accounting software. The company maintains a dedicated "Karriere und Jobs" (Careers and Jobs) page, indicating ongoing recruitment efforts within the German startup scene [https://www.fastbill.com/jobs]. They emphasize a collaborative environment where employees can contribute significantly to a product that addresses real-world problems.

Recent job postings, such as for a Software Engineer (w/m/d), highlight a demand for skilled professionals to work on their core product [https://www.fastbill.com/jobs/software-engineer-wmd]. This role specifically mentions a full-time, 40-hour remote position, underscoring FastBill's commitment to a Remote-First approach, which they adopted by 2022 [https://www.fastbill.com/ueber-uns]. This flexible work model allows them to attract talent from various locations and supports a distributed team structure.

The emphasis on software engineering and product development signals FastBill's strategy to continuously enhance its accounting software. With over 70,000 freelancers, small businesses, and other entities trusting their platform, the company likely aims to scale its features and improve user experience to maintain its competitive edge [https://www.fastbill.com/]. While no information about layoffs is publicly available, their active recruitment for key technical roles suggests a period of growth and investment in their technological infrastructure.

FastBill, a German SaaS solution for financial management, has demonstrated a positive financial trajectory, particularly after its founders, René Maudrich and Benjamin Kirschner, reacquired entrepreneurial responsibility for the company. As of May 2025, a year into its renewed independence, FastBill reported being profitable and experiencing growth, alongside increasing customer satisfaction [https://www.fastbill.com/presse/fastbill-zieht-nach-12-monaten-eigenstaendigkeit-eine-positive-bilanz]. This indicates a strong operational performance and effective management post-reacquisition. Its cloud-based software, founded in 2007, focuses on simplifying invoicing and accounting for freelancers and small businesses in Germany [https://www.fastbill.com/fastbill-fakten].

In terms of fundraising, FastBill secured a seven-figure (million euro) investment round in May 2017 from FinLab and coparion [https://www.fastbill.com/presse/fintech-saas-pionier-fastbill-geht-auf-wachstumskurs-mit-millionen-investment]. This significant capital injection was earmarked to fuel further robust growth and expand its financial platform, reinforcing its position as a pioneer in the Fintech-SaaS space [https://www.fastbill.com/docs/presse/2017-05-02_PR_FastBill_Investment_EN.pdf]. At the time of this investment, FastBill was already serving approximately 40,000 small businesses and freelancers [https://www.fastbill.com/presse/fintech-saas-pionier-fastbill-geht-auf-wachstumskurs-mit-millionen-investment], a number that has since grown to over 70,000 customers, especially with the "Pro" tariff catering to teams and businesses needing comprehensive automation [https://www.fastbill.com/preise/fastbill-pro].

While specific revenue figures for FastBill are not publicly detailed, the company's declaration of profitability and growth post-reacquisition highlights its financial health. The consistent expansion of its customer base to over 70,000 users [https://www.fastbill.com/preise/fastbill-pro], coupled with its focus on automated, cloud-based accounting solutions, suggests a stable revenue stream from its subscription-based service model [https://www.fastbill.com/preise]. There is no information available regarding any mergers or acquisitions involving FastBill, indicating the company has primarily focused on organic growth and product development within its core offerings for small businesses and self-employed individuals.

While FastBill is primarily known for its comprehensive accounting and invoicing software, the company actively engages with its user base and the broader business community through educational webinars and content initiatives. A notable example is their "E-Rechnung Webinar: Mit FastBill sicher ins Jahr 2025" event, where FastBill founder and CEO René Maudrich provides crucial insights into the upcoming e-invoice mandate in Germany. These webinars serve to educate users on critical industry changes and how FastBill's solutions, such as its fully integrated e-invoicing feature supporting ZUGFeRD and XRechnung formats, can facilitate a smooth transition for businesses [https://www.fastbill.com/blog/e-rechnung-webinar-mit-fastbill-sicher-ins-jahr-2025].

Beyond direct instructional webinars, FastBill fosters engagement through its robust blog, which features a variety of articles and guides for self-employed individuals and entrepreneurs. This blog acts as a knowledge hub, covering topics from double-entry bookkeeping to legal aspects like invoice prescription periods, and even announces new features like the "Neue FastBill Scan App" [https://www.fastbill.com/blog]. The company also extends invitations for guest webinars and guest articles on its blog, demonstrating a collaborative approach to content creation and knowledge sharing within the business ecosystem [https://www.fastbill.com/partner].

FastBill further interacts with its audience through interactive tools such as the "FastBill Buchhaltungsquiz" [https://www.fastbill.com/lp/buchhaltungsquiz]. This quiz helps potential and existing users identify the most suitable accounting package for their specific needs, enhancing user engagement and guiding them towards efficient bookkeeping solutions. These diverse event participations and content strategies underscore FastBill's commitment to supporting its more than 70,000 self-employed individuals and companies [https://www.fastbill.com/fastbill-fakten].