Top 10 FreshBooks Alternatives for Your Business

FreshBooks is a popular cloud-based finance and accounting software solution for small and medium businesses.

FreshBooks is considered by many to be the top accounting software these days, with it being used by over five million companies.

The company’s flexible pricing plans make it affordable for businesses of all sizes, and their great free trial means you can quickly check out their software to decide if it works for you. However, Freshbooks can be very expensive if you’re billing a high number of clients as their pricing plans start at $15 per month for 5 billable clients.

That sounds great.

Well, it does, but just because the software seems to be working for so many companies doesn’t mean that it is also the best option for you.

Here, we have selected the best alternatives to FreshBooks that you should look at before deciding.

Best FreshBooks Alternatives for Accounting and Invoicing Software:

  • Zoho Books
  • Xero
  • QuickBooks
  • Sage 50
  • Less Accounting
  • NetSuite ERP
  • Intacct
  • FinancialForce Accounting
  • Wave Apps
  • KashFlow

1- Zoho Books

Zoho Books - Accounting Software

Zoho Books is a great Freshbooks alternative. It is ideal for small and medium business owners, sole proprietors, and other eminent users. Zoho Books has a free plan for businesses with a turnover of <50K USD per annum. And paid plans start at $15 per organization, per month, billed annually. A free trial is available. It offers features such as:

  • Contact management
  • Inventory management
  • Inventory tracking
  • Expense management
  • Invoice templates
  • Project management
  • Project time tracking
  • Support multiple currencies
  • Automatic Bank
  • Multilingual support (in 10 languages other than English)
  • Open API for seamless integrations
  • Mobile apps for Android, iOS, and Windows devices

Zoho Books key features: 

  • Part of the Zoho family
  • Custom invoices
  • Automatic payment reminders
  • Send and track retainer invoices
  • Easily track time and projects
  • Collaborate with customers online
  • Easier reconciliation with stripe integration
  • Automate workflows to save time

Why choose FreshBooks over Zoho Books? 

  • FreshBooks offers more features
  • Phone and email support
  • Training for new users
  • Save billing time
  • Get paid faster
  • Continually improving and adding new features

2- Xero

Xero - Accounting Software

Xero is a financial collaboration that’s used by over 475,000 businesses and sole accountants. It was created to help small businesses manage their financial activities conveniently.

Xero key features

  • Easy setup
  • Simplified transactions
  • Simple and friendly
  • Can manage a high number of bills, invoices, and quotes
  • Payroll and Multi-currency functionalities
  • Expense management
  • Partnership with some accounting systems and 3rd party apps for more functionality and features
  • Enhanced inventory and stock management
  • You can get an overview of the company’s financial health

Why choose FreshBooks over Xero? 

  • FreshBooks costs less
  • Accepts online credit card payments easily
  • Track invoice status and get updates
  • You can customize invoices
  • Unlimited invoices

3- QuickBooks Online

QuickBooks - Accounting Software

Quickbooks Online is another great Freshbooks alternative. With this Freshbooks alternative, you can track clients and vendors and manage all banking-related tasks simply and efficiently.

Quickbooks offers a 30-day free trial, and their pricing plans start at $10/month.

QuickBooks key features: 

  • You can add multiple attachments.
  • Customizable e-mail templates
  • Asset management
  • Inventory management
  • Vendor management
  • Track bounced checks
  • Calendar view
  • Simplified customer forms
  • Comprehensive support via phone, email, and tickets
  • Generate profit/loss statements with a few clicks
  • Payroll management
  • Access offline
  • standards
  • User-friendly and easy to use
  • Customize reports and schedule them in an organized calendar
  • Create recurring invoices

Why choose FreshBooks over QuickBooks? 

  • Simpler and Easily-customizable features
  • Track expenses with handy snaps
  • Multi-currency and Multi-language support
  • You can easily collaborate with team members, clients, and contractors

For a more detailed comparison of QuickBooks and FreshBooks, check FreshBooks Vs. QuickBooks Online Comparison.

4- Sage 50

Sage 50 - Accounting Software

Sage 50 is very popular accounting software that’s best suited for small businesses. It comes with various features and works seamlessly with productivity apps such as Microsoft Word, Outlooks, Excel, and Sage-endorsed 3rd party apps in 22 industries.

Sage 50 key features:

  • Flexible system and used by non-accountants as well
  • Accounts payable and accounts receivable
  • Cash flow management
  • Inventory management
  • Fast processing
  • Billy Payments
  • Android and iOS applications
  • Automatic accounting checks
  • Automatic Backup
  • Offers features for essential business operation
  • Support via phone, live support, and training

Why choose FreshBooks over Sage 50? 

  • Cheaper Pricing packages
  • Can work on any device
  • Higher security
  • Online invoicing
  • Expense tracking
  • Time tracking

5- Less Accounting 

Less Accpunting

You can record business expenses, categorize expenses, send invoices, and track payments with less accounting.

Less accounting key features: 

  • Simple interface
  • Many import options
  • Unlimited businesses
  • Unlimited invoices
  • Basic budgeting tools
  • Comprehensive billing and accounting tools
  • A free version that has pro features
  • Custom reports

Why choose FreshBooks over Less Accounting? 

  • Faster
  • Print support
  • Time tracking
  • More customer support options
  • Clean interface

 6- NetSuite ERP

NetSuite ERP

NetSuite ERP is another great Freshbooks alternative software solution that handles some front- and back-office processes. It offers an extensive feature set similar to FreshBooks, which is one of the reasons it is a good alternative.

NetSuite ERP key features

  • Inventory Management
  • Fixed Assets
  • Revenue Management
  • Financial Management
  • Order Management
  • Payment management
  • Purchasing and vendor management
  • Cash flow management
  • Support multiple currencies
  • Billing
  • Customizable view of reports and key performance indicators
  • Invoicing
  • Demand planning

Why choose FreshBooks over NetSuite ERP? 

  • FreshBooks offers a Range of affordable pricing packages, while NetSuite ERP provides quote-based pricing depending on the modules you use, add-ons, and the number of users.
  • Easily generate insightful reports – including profit/loss reports
  • More modern interface
  • Phone and e-mail support as well as training for new users

7- Intacct 

Intacct - Accounting Software

Intacct is cloud-based accounting software for small and mid-sized businesses that stands out for its well-thought and well-planned feature suite that’s made this app a top provider of finance-related systems to CPAs.

Intacct key features:

  • Provides vital statistics and figures as well as built-in and customizable reports
  • Robust integrations with 3rd party apps such as Development Sandbox, Paychex, Salesforce, and more
  • Suitable for organizations of any size
  • Automated journal entries
  • Bank Reconciliation
  • Trial Balance
  • Multi-currency support
  • Safe, fast processing and security and user limitations
  • A wide variety of core accounting capabilities
  • Scalable cost and system requirements

Why choose FreshBooks over Intacct? 

  • A more extensive feature set
  • A range of affordable pricing packages
  • Save billing time
  • A more modern interface

8- FinancialForce Accounting 

FinancialForce

This is a simple to learn, easy-to-use, robust accounting platform that allows businesses of all sizes to streamline their operations and be more efficient. In addition, it offers flexible pricing schemes and will enable companies the features needed for basic accounting and more.

FinancialForce Accounting key features:

  • Flexible and efficient general ledger
  • One record system that allows for better efficiency and consistency
  • Offers multiple productivity modules
  • Accounts payable and accounts receivable
  • Time management
  • Expenses management
  • Audit trail
  • Seamless opportunity-to-cash processing
  • Easy billing
  • Cash management
  • Invoice-to-pay processing

Why choose FreshBooks over FinancialForce Accounting? 

  • Time tracking by projects and clients
  • You can easily add expenses and categorize them
  • Simpler dashboard and reports
  • Automatic late payment reminders and fees

9- Wave Apps 

Wave - Accounting Software

Wave Apps is a free integrated business platform that combines accounting, invoicing, and receipt scanning in a single compact package. It enables businesses to easily monitor expenses and chase payments as well as manage their employees and taxes.

Wave Apps key features

  • It’s free and Ideal for small businesses, freelancers, entrepreneurs, and consultants.
  • Clean and user-friendly dashboard
  • Track the status of your invoices and payments easily
  • Simple expense tracking
  • Receipt scanning tools and bank connections
  • Accept payments via credit cards for added convenience
  • Automatic billing and invoicing
  • Save time

Why choose FreshBooks over Wave Apps? 

  • A much more extensive feature set
  • Phone and e-mail support as well as training
  • Customizable invoices

10- KashFlow 

KashFlow - Accounting Software

Kashflow is a popular cloud-based accounting and bookkeeping solution for businesses in the UK. It’s easy to use and offers useful automated features. It also comes with fully integrated add-ons such as Dropbox and PayPal.

KashFlow key features

  • Simple but robust solution
  • You can edit and customize invoices with ease
  • Quickly create estimates and quotes
  • Automate recurring purchases and inform suppliers by email when you pay them
  • Graphical reports – including profit/loss reports
  • Graphic reports for cash flow
  • Balance sheet
  • The integration that enables you to send out well-designed emails to customers
  • Secure interface
  • Payroll service
  • Entirely cloud-based so you can access and manage your accounting from anywhere

Why choose FreshBooks over KashFlow? 

  • Accepts online credit card payments easily.
  • More secure
  • Data is automatically backed up
  • Offers top class invoice to payment features
  • Time tracking by project and clients

We hope you enjoyed this article. If so, you might enjoy these resources:

So now, you know the best Freshbooks alternatives to manage your accounting and invoicing work.

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