Compare Expensify and FreshBooks - Aug 2022

Shlomi Lavi

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Bottom Line: Which is Better - Expensify or FreshBooks?

Expensify is more expensive to implement (TCO) than FreshBooks, and FreshBooks is rated higher (95/100) than Expensify (86/100). FreshBooks offers users more features (12) than Expensify (3). There is a clear winner in this case and it is FreshBooks!

Looking for the right Expense Management solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Expensify Vs. FRESHBOOKS

Expensify: Expensify does "expense reports that don't suck!" by importing expenses and receipts from credit cards and mobile phones, submitting expense reports through email, and reimbursing everything online with QuickBooks and Direct Deposit.

FRESHBOOKS: FreshBooks is the #1 cloud accounting specialist for small business owners.If you are a service-based business, FreshBooks is designed for you. If you are a lawyer, a marketing agency, a plumber, an interior decorator, an IT professional, a therapist, an architect, a web professional – if you create value for your customers by applying your time an...

Who is more expensive? Expensify or FreshBooks?

The real total cost of ownership (TCO) of Expense Management software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Expensify and FreshBooks.

Expensify price starts at $5 per user/month , On a scale between 1 to 10 Expensify is rated 2, which is much lower than the average cost of Expense Management software. FreshBooks price starts at $6 per month , When comparing FreshBooks to its competitors, the software is rated 2 - much lower than the average Expense Management software cost.

Bottom line: Expensify cost is around the same cost of FreshBooks.

Which software includes more/better features?

We've compared Expensify Vs. FreshBooks based on some of the most important and required Expense Management features.

Expensify: Data Import/Export, Basic Reports, Online Customer Support.

FreshBooks: Mobile Access, Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing.

Target customer size

Customers of the software include businesses of all sizes and types. From day one, FreshBooks was intended for Freelancers and small businesses who just do not want to waste their time using Excel or Microsoft Word when invoicing their client.