Shlomi Lavi /
Feb 23, 2023
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Bottom Line: Which is Better - FreeAgent or PracticePanther?
PracticePanther is more expensive to implement (TCO) than FreeAgent, and PracticePanther is rated higher (97/100) than FreeAgent (85/100). FreeAgent offers users more features (9) than PracticePanther (7).
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. PracticePanther
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.
PracticePanther: Using the latest technology, PracticePanther is one of the fastest and easiest websites you’ve ever used. We are not a massive Forbes 500 company. We are a team of dedicated account managers who pour their heart and soul into helping you automate your practice. If you save only 1 hour a month at $250/hour, the software will pay for itself many time...
Who is more expensive? FreeAgent or PracticePanther Legal Case Management?
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 PracticePanther Legal Case Management.
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. PracticePanther Legal Case Management price starts at $49 per user/month , When comparing PracticePanther Legal Case Management 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 PracticePanther Legal Case Management.
Which software includes more/better features?
We've compared FreeAgent Vs. PracticePanther 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.
PracticePanther Legal Case Management: Document Management, Task Management, Time and Expense Tracking, Billing & Invoicing, Contract Management.
Target customer size
The target market of FreeAgent is Freelancers and small businesses.
PracticePanther Legal Case Management software is a versatile tool that can be used by a wide range of legal professionals, including lawyers, paralegals, and legal secretaries.