In 2005, a group of Filipino programmers saw the need to create an accounting and bookkeeping system, purely Web-based, for small and medium enterprises. The system quickly sold and was implemented by SMEs in the Philippines, in other Asian countries, and in the United States.

At that time, the programmers did not know that their seemingly small, necessity-driven innovation would serve as the infrastructure for one of the most comprehensive global business innovations: Smartbooks

The people behind Smartbooks have a strong background in examining and implementing bestof- breed accounting systems. The result is a homegrown, cutting edge cloud accounting system for SMEs in any industry and in any country setting. Smartbooks is a cloud accounting software that easy to use, has deep functionality, is accessible and is compliant with BIR reporting requirements.It is best for small- and medium-sized companies with their unique qualities and special needs.

And because Smartbooks is based in the cloud, other IT costs are eliminated, such as the cost of putting up and maintaining servers, hiring and maintaining an IT team, upgrading the software and spending for other support expenses.

Small and medium enterprises lie at the heart of a growth-driven economy. These companies must be made to flourish through world-class tools and systems, which can help propel them towards achieving their greatest potential and becoming globally competitive in today's borderless world.