Compare FreshBooks and ScaleFactor - Aug 2022

Shlomi LaviShlomi Lavi / Aug 23, 2022

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Bottom Line: Which is Better - FreshBooks or ScaleFactor?

ScaleFactor is more expensive to implement (TCO) than FreshBooks, and FreshBooks is rated higher (95/100) than ScaleFactor (77/100). FreshBooks offers users more features (12) than ScaleFactor (7). 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. ScaleFactor

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...

ScaleFactor: ScaleFactor is the smart finance software that is changing the way modern businesses operate. By automating complex bookkeeping tasks and translating financial information into usable business insights, we are enabling business owners, managers, and entrepreneurs to focus on what they love: running and growing their business.

Who is more expensive? FreshBooks or ScaleFactor?

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 ScaleFactor.

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. ScaleFactor price starts at $399 per month , When comparing ScaleFactor to its competitors, the software is rated 4 - lower than the average Core Accounting software cost.

Bottom line: ScaleFactor is more expensive than FreshBooks.

Which software includes more/better features?

We've compared FreshBooks Vs. ScaleFactor 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.

ScaleFactor: Accounts Payable, Accounts Receivable, Billing & Invoicing, Purchase Orders, Payment Management.

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



FreshBooks

ITQlick rating
(4.5/5)

starts at $6 per month

FreshBooks is built for small business owners to get organized and get paid. You'll spend less time billing, and more time getting down to business.FreshBooks is simple and intuitive, so accounting isn't intim...

Categories: Accounting & Finance, Recurring Billing, Billing & Invoicing, Core Accounting.

ScaleFactor

ITQlick rating
(4.5/5)

starts at $399 per month

ScaleFactor is a growing cloud-based Budgeting-Forecasting software, it is designed to support small and medium size business. ScaleFactor received a rating of 4.5 from ITQlick team. The software cost is consid...

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

Compare specifications

Compare features

FreshBooks: 12 Features

Mobile Access
Accounts Payable
Accounts Receivable
Balance Sheet
Billing & Invoicing
Budgeting & Forecasting
Cash Flow
Depreciation
Multi-Currency
Payment Management
Time and Expense Tracking
Time Tracking

ScaleFactor: 7 Features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Purchase Orders
Payment Management
Time and Expense Tracking
Payroll
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
FreshBooks
ITQlick rating
4.5/5
Score
95/100
Pricing
2/10
License pricing
$6 per month
Functionality
28
Compare
ScaleFactor
ITQlick rating
4.5/5
Score
77/100
Pricing
5/10
License pricing
$399 per month
Functionality
21
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.