Compare FreshBooks and Jwaala Personal Financial Manager - Aug 2022

Shlomi Lavi

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Bottom Line: Which is Better - FreshBooks or Jwaala Personal Financial Manager?

Jwaala Personal Financial Manager is more expensive to implement (TCO) than FreshBooks, and FreshBooks is rated higher (95/100) than Jwaala Personal Financial Manager (62/100). FreshBooks offers users more features (12) than Jwaala Personal Financial Manager (3). 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. Jwaala

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...

Jwaala: Jwaala is a privately-held, Austin based, software company established in 2006 with a simple goal in mind – to use innovative technology to create a new generation of online banking services. Built on a modern and open systems framework, Better Online Banking™ provides a platform unmatched in functionality and flexibility. Going beyond balances, ...

Who is more expensive? FreshBooks or Jwaala Personal Financial Manager?

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 Jwaala Personal Financial Manager.

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. Jwaala Personal Financial Manager accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 FreshBooks is rated 2, which is much lower than the average cost of Core Accounting software.

Bottom line: Jwaala Personal Financial Manager is more expensive than FreshBooks.

Which software includes more/better features?

We've compared FreshBooks Vs. Jwaala Personal Financial Manager 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.

Jwaala Personal Financial Manager: Data Import/Export, Basic Reports, Online Customer Support.

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 Jwaala Personal Financial Manager's target customer size include: Medium and large size businesses.