Compare TrackingTime and FreshBooks - Sep 2022

Shlomi LaviShlomi Lavi / Sep 28, 2022

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Bottom Line: Which is Better - TrackingTime or FreshBooks?

TrackingTime is more expensive to implement (TCO) than FreshBooks, and FreshBooks is rated higher (95/100) than TrackingTime (80/100). FreshBooks offers users more features (12) than TrackingTime (5). There is a clear winner in this case and it is FreshBooks!

Looking for the right Time Tracking 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:

TrackingTime, LLC Vs. FRESHBOOKS

TrackingTime, LLC: TrackingTime is a collaborative, cloud-based time tracking service that helps businesses of any size manage their projects, track working times and measure productivity. The company was founded in 2012 by Eric Tulle, Diego Wyllie and Leonardo Custer and received seed capital from Enzyme VC, one of the top VC firms in Latin America. It is incorporat...

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? TrackingTime or FreshBooks?

The real total cost of ownership (TCO) of Time Tracking 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 TrackingTime and FreshBooks.

TrackingTime price starts at $5 per user/month , On a scale between 1 to 10 TrackingTime is rated 2, which is much lower than the average cost of Time Tracking software. FreshBooks price starts at $6 per month , When comparing FreshBooks to its competitors, the software is rated 2 - much lower than the average Time Tracking software cost.

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

Which software includes more/better features?

We've compared TrackingTime Vs. FreshBooks based on some of the most important and required Time Tracking features.

TrackingTime: Mobile Access, Project Billing, Contingency Billing, Incremental Billing, Billing & Invoicing.

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

Target customer size

TrackingTime's typical customers include: SMBs, 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.



TrackingTime

ITQlick rating
(4.3/5)

starts at $5 per user/month

TrackingTime is a collaborative, cloud-based time tracker software that helps companies keep their projects in order while measuring the team productivity and monitoring ongoing and completed projects.

Categories: Billing & Invoicing, Mobile, Mobile CRM, Mobile performance.

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

TrackingTime: 5 Features

Mobile Access
Project Billing
Contingency Billing
Incremental Billing
Billing & Invoicing

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
TrackingTime
ITQlick rating
4.3/5
Score
80/100
Pricing
2.4/10
License pricing
$5 per user/month
Functionality
15
Compare
FreshBooks
ITQlick rating
4.5/5
Score
95/100
Pricing
2/10
License pricing
$6 per month
Functionality
28
TSheets
ITQlick rating
4.7/5
Score
93/100
Pricing
2.2/10
License pricing
$15 per month
Functionality
18
TimeCloc...
ITQlick rating
3.3/5
Score
92/100
Pricing
4.8/10
License pricing
$2.50 per employee/month
Functionality
5
Harvest
ITQlick rating
4.5/5
Score
90/100
Pricing
2/10
License pricing
$12 per seat/month
Functionality
16

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.