Compare FreshBooks and AccountMate - Aug 2022

Shlomi Lavi

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Bottom Line: Which is Better - FreshBooks or AccountMate?

AccountMate is more expensive to implement (TCO) than FreshBooks, and FreshBooks is rated higher (95/100) than AccountMate (81/100). FreshBooks offers users more features (12) than AccountMate (0). There is a clear winner in this case and it is FreshBooks!

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:

FRESHBOOKS Vs. AccountMate Software

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...

AccountMate Software: AccountMate offers unique accounting solutions for your growing business.AccountMate has provided customers with powerful and flexible accounting and business management software that meets the exact needs of their businesses. Many other accounting solutions require you to make changes to your core business processes in order to utilize their so...

Who is more expensive? FreshBooks or AccountMate?

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 FreshBooks and AccountMate.

FreshBooks price starts at $6 per month , On a scale between 1 to 10 FreshBooks is rated 2, which is much lower than the average cost of Core Accounting software. AccountMate price starts at $4,000 per license , When comparing AccountMate to its competitors, the software is rated 2 - much lower than the average Core Accounting software cost.

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

Which software includes more/better features?

We've compared FreshBooks Vs. AccountMate based on some of the most important and required Core Accounting features.

FreshBooks: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Mobile Access, Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing, Budgeting & Forecasting, Cash Flow, Depreciation.

AccountMate: We are still working to collect the list of features for AccountMate.

Target customer size

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. and AccountMate's target customer size include: Small businesses and start ups.