Compare Project Accounting Suite and FreshBooks - Nov 2022

Shlomi LaviShlomi Lavi / Nov 14, 2022

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Bottom Line: Which is Better - Project Accounting Suite or FreshBooks?

Project Accounting Suite is more expensive to implement (TCO) than FreshBooks, and FreshBooks is rated higher (95/100) than Project Accounting Suite (62/100). FreshBooks offers users more features (12) than Project Accounting Suite (3). There is a clear winner in this case and it is FreshBooks!

Looking for the right Project Management 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:

Third Wave Business Systems LLC Vs. FRESHBOOKS

Third Wave Business Systems LLC: Third Wave Business Systems specializes in deploying SAP Business One and Microsoft Dynamics GP solutions.  Third Wave Business Systems provides software that fits your processes, instead of forcing you to change processes to fit the software.  Our clients have found success by thinking outside-the-box - and that's the way we ser...

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...

Who is more expensive? Project Accounting Suite or FreshBooks?

The real total cost of ownership (TCO) of Project Management 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 Project Accounting Suite and FreshBooks.

Project Accounting Suite accurate pricing info is available upon request (they don't share it publicly), however , On a scale between 1 to 10 Project Accounting Suite is rated 6, which is similar to the average cost of Project Management software. FreshBooks price starts at $6 per month , When comparing FreshBooks to its competitors, the software is rated 2 - much lower than the average Project Management software cost.

Bottom line: Project Accounting Suite is more expensive than FreshBooks.

Which software includes more/better features?

We've compared Project Accounting Suite Vs. FreshBooks based on some of the most important and required Project Management features.

Project Accounting Suite: Data Import/Export, Basic Reports, Online Customer Support.

FreshBooks: Mobile Access, Accounts Payable, Accounts Receivable, Balance Sheet, Billing & Invoicing.

Target customer size

The software is a viable solution for businesses of all sizes and a variety of types. 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.

Project Accounting Suite

ITQlick rating
(3.4/5)

Third Wave Project Accounting Suite (PAS) is a project management solution for businesses of all sizes. Its capabilities include project visibility, reporting and analysis, revenue management, and others. The s...

Categories: Project Billing, Project Budgeting.

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, Financial reporting.

Compare specifications

Compare features

Project Accounting Suite: 3 Features

Data Import/Export
Basic Reports
Online Customer Support

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
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
Project ...
ITQlick rating
3.4/5
Score
62/100
Pricing
6.4/10
License pricing
Pricing not available
Functionality
5
Compare
FreshBooks
ITQlick rating
4.5/5
Score
95/100
Pricing
2/10
License pricing
$6 per month
Functionality
28
Trello
ITQlick rating
4.2/5
Score
99/100
Pricing
2/10
License pricing
$5 per user/month
Functionality
16
Review
Basecamp
ITQlick rating
4.3/5
Score
98/100
Pricing
4.2/10
License pricing
$11 per user/month
Functionality
15
monday.c...
ITQlick rating
4.7/5
Score
98/100
Pricing
4/10
License pricing
$10 per seat/month
Functionality
92

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.