Compare FreeAgent and PracticePanther - Feb 2023

Shlomi LaviShlomi 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.

FreeAgent

ITQlick rating
(4.4/5)

starts at $12 per month

FreeAgent is an accounting software based on the cloud designed for micro businesses and freelancers. The software dashboard brings all finances together into one place, exports your key tax payment and invoice...

Categories: Fixed Asset Management, Recurring Billing, Billing & Invoicing, Budgeting & CPM.

PracticePanther

ITQlick rating
(4.8/5)

starts at $49 per user/month

The PracticePanther Legal Case Management is a law practice management software designed to help lawyers and related users in managing various activities of the firm.

Categories: Billing & Invoicing, Document Management, Records Management, CRM, Project Collaboration.

Compare specifications

Compare features

FreeAgent: 9 Features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Project-Accounting
Purchase Orders
Tax compliance
Recurring Invoices
Time and Expense Tracking

PracticePanther Legal Case Management: 7 Features

Document Management
Task Management
Time and Expense Tracking
Billing & Invoicing
Contract Management
Email Marketing
Time Tracking
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
FreeAgent
ITQlick rating
4.4/5
Score
85/100
Pricing
2.4/10
License pricing
$12 per month
Functionality
24
Compare
Practice...
ITQlick rating
4.8/5
Score
97/100
Pricing
2.4/10
License pricing
$49 per user/month
Functionality
20
QuickBoo...
ITQlick rating
4.2/5
Score
99/100
Pricing
5/10
License pricing
$12.50 per month
Functionality
7
Wave Acc...
ITQlick rating
4.4/5
Score
97/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
8
Zoho Boo...
ITQlick rating
4.4/5
Score
96/100
Pricing
2.4/10
License pricing
$10 per organizer/month
Functionality
9

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.