Dec 21st, 2023 12:54am
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Freshbooks is a cloud-based accounting software designed to simplify accounting and save time for small business owners and freelancers. With a 4.7/5 rating on Trustpilot and a 4.5/5 rating on Capterra, it's clear that Freshbooks is a highly regarded product by its users. Plus, with a tagline like "Simplify Your Accounting and Save Time with Freshbooks," who wouldn't want to give it a try?
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Researched By
Cory Lamle
Lead Researcher
With over 25 years of experience in the technology sector, Cory is a seasoned expert in software, bringing a unique perspective as both
a business owner and software developer. After selling his software company he founded gridlife.io. In his role as Lead Researcher, he is
dedicated to ensuring that business owners can make well-informed and strategic software decisions with the help of gridlife.io.
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FreshBooks vs. HoneyBook
FreshBooks
HoneyBook
| Plan | Yearly | Monthly | ||
|---|---|---|---|---|
| Subscription Plans | ||||
| Starter | $192 / Year / User 1 | $16 / Month | ||
| Essentials | $384 / Year / User 2 | $32 / Month | ||
| Premium | $792 / Year / User | $66 / Month | ||
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Score
Score Full Score
93.00
Rating Industry Average
4.65
Reviews From All Platforms
4,134
Established Years in Business
21
Platform Ratings
Analysis
Top Features
- Invoicing: Create professional invoices, customize them, and set up automated recurring invoices.
- Expense Tracking: Track expenses, capture receipts, and categorize spending for accurate records.
- Time Tracking: Monitor billable hours and manage projects with integrated time tracking.
- Estimates and Proposals: Create detailed estimates and proposals for clients, which can be easily converted into invoices.
- Financial Reports: Access a variety of financial reports to gain insights into your business's performance.
- Bank Reconciliation: Automatically import and categorize bank transactions for easy reconciliation.
- Client Portals: Provide clients with access to their own portal for viewing invoices and making payments.
Pros
- Invoicing: FreshBooks offers robust invoicing features, allowing you to create and send professional invoices, track payments, and manage clients.
- Expense Tracking: Provides expense tracking tools to monitor business expenses, capture receipts, and simplify expense reporting.
- Time Tracking: Includes time tracking features for tracking billable hours and managing projects and client billing.
- Bank Integration: Supports bank and credit card integration for automatic transaction tracking and reconciliation.
- Reporting: Offers reporting and analytics features to gain insights into your financial data and business performance.
Cons
- Learning Curve: New users may experience a learning curve while setting up and configuring the software for their specific business needs.
- Complexity for Basic Needs: Some users with basic accounting needs may find FreshBooks' extensive feature set to be more than necessary.
Top Videos
How to Get Started on FreshBooks
| Promo
1:03
FreshBooks Helps Business Owner Alexis and Accountant Rebecca Focus on Growth Togethe
| Promo
1:30
Freshbooks Accounting Software Tutorial (2022)
| Tutorial
19:21
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