Shlomi Lavi /
Nov 10, 2022
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Bottom Line: Which is Better - FreeAgent or AccountingSuite?
AccountingSuite is more expensive to implement (TCO) than FreeAgent, and FreeAgent is rated higher (85/100) than AccountingSuite (82/100). FreeAgent offers users more features (9) than AccountingSuite (6). There is a clear winner in this case and it is FreeAgent!
Looking for the right Core Accounting 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:
FreeAgent Vs. AccountingSuite
FreeAgent: FreeAgent launched in 2007, hewn from the frustration that managing company finances was just too damn hard for most small businesses and freelancers. Since then we’ve doggedly stuck to our mantra of demystifying accounting and redefining the relationship people have with their finances.
AccountingSuite: AccountingSuite™ is Cloud Banking automatically connects to your bank accounts daily so you will spend less time entering transactions.
Who is more expensive? FreeAgent or AccountingSuite?
The real total cost of ownership (TCO) of Core Accounting 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 FreeAgent and AccountingSuite.
FreeAgent price starts at $12 per month , On a scale between 1 to 10 FreeAgent is rated 2, which is much lower than the average cost of Core Accounting software. AccountingSuite price starts at $19 per user/month , When comparing AccountingSuite to its competitors, the software is rated 2 - much lower than the average Core Accounting software cost.
Bottom line: FreeAgent cost is around the same cost of AccountingSuite.
Which software includes more/better features?
We've compared FreeAgent Vs. AccountingSuite based on some of the most important and required Core Accounting features.
FreeAgent: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Project-Accounting, Purchase Orders, Tax compliance, Recurring Invoices.
AccountingSuite: Accounts Payable, Accounts Receivable, Billing & Invoicing, Project-Accounting, Purchase Orders.
Target customer size
The target market of FreeAgent is Freelancers and small businesses. and AccountingSuite's target customer size include: Small, medium and large size businesses.