Compare FreshBooks and Prophix - Nov 2022
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Bottom Line: Which is Better - FreshBooks or Prophix?
Prophix is more expensive to implement (TCO) than FreshBooks, and FreshBooks is rated higher (95/100) than Prophix (85/100). FreshBooks offers users more features (12) than Prophix (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. PROPHIX 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...
PROPHIX Software: PROPHIX UK has been delivering budgeting, forecasting, reporting, consolidation, personnel planning and other financial functions in a single solution since 1987.The mission of PROPHIX UK is to be a customer focused organisation providing high value and innovative financial performance management software and services to our customers.Designed spec...
Who is more expensive? FreshBooks or Prophix?
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 Prophix.
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. Prophix 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: Prophix is more expensive than FreshBooks.
Which software includes more/better features?
We've compared FreshBooks Vs. Prophix 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.
Prophix: 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 Prophix's target customer size include: Medium and large size businesses.
Prophix
Prophix is a cloud-based and on-premise financial management solution designed to help the user in budgeting, financial consolidation, planning, analysis and management reporting.
Compare PricingCompare specifications
FreshBooks Specifications
ITQlick Score: | 95/100 |
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ITQlick Rating: |
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Pricing: | 2/10 - low cost |
Category: | Core Accounting -> FreshBooks review |
Company: | FRESHBOOKS |
Pricing: | starts at $6 per month |
Typical customers: | SMBs |
Platforms: | Desktop, Mobile, Cloud |
Links: | FreshBooks review, FreshBooks pricing, FreshBooks alternatives |
Prophix Specifications
ITQlick Score: | 85/100 |
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ITQlick Rating: |
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Pricing: | 6/10 - average cost |
Category: | Business performance management -> Prophix review |
Company: | PROPHIX Software |
Typical customers: | Medium and large size businesses |
Platforms: | Desktop, Mobile, Cloud |
Links: | Prophix review, Prophix pricing, Prophix alternatives |
Compare features
FreshBooks: 12 Features
Prophix: 3 Features
Auditor - Shlomi Lavi
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.