Compare Xero and FreeAgent - Nov 2022
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Bottom Line: Which is Better - Xero or FreeAgent?
FreeAgent is more expensive to implement (TCO) than Xero, and Xero is rated higher (94/100) than FreeAgent (85/100). Xero offers users more features (13) than FreeAgent (9). There is a clear winner in this case and it is Xero!
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:
Xero Vs. FreeAgent
Xero : Xero was founded in July 2006 by successful technology entrepreneur Rod Drury and specialist small business accountant Hamish Edwards. Xero is listed on the New Zealand Stock Exchange and the Australian Securities Exchange and is a fast growing company with teams in Wellington, Auckland, Melbourne, Sydney, Brisbane, San Francisco, and Milton Keynes...
FreeAgent: FreeAgent launched in 2007, hewn from the frustration that managing company finances was just too damn hard for most small businesses and freelancers. Since then we’ve doggedly stuck to our mantra of demystifying accounting and redefining the relationship people have with their finances.
Who is more expensive? Xero or FreeAgent?
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 Xero and FreeAgent.
Xero price starts at $12 per month , On a scale between 1 to 10 Xero is rated 2, which is much lower than the average cost of Core Accounting software. FreeAgent price starts at $12 per month , When comparing FreeAgent to its competitors, the software is rated 2 - much lower than the average Core Accounting software cost.
Bottom line: Xero cost is around the same cost of FreeAgent.
Which software includes more/better features?
We've compared Xero Vs. FreeAgent based on some of the most important and required Core Accounting features.
Xero: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fixed-Assets, Purchase Orders, Data Analysis Tools, Forecasting.
FreeAgent: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Project-Accounting.
Target customer size
Xero is best for small businesses, freelancers and non-profit organizations. The target market of FreeAgent is Freelancers and small businesses.
FreeAgent
starts at $12 per month
FreeAgent is an accounting software based on the cloud designed for micro businesses and freelancers. The software dashboard brings all finances together into one place, exports your key tax payment and invoice...
Compare PricingCompare specifications
Xero Specifications
ITQlick Score: | 94/100 |
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ITQlick Rating: |
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Pricing: | 2/10 - low cost |
Category: | Core Accounting -> Xero review |
Company: | Xero |
Pricing: | starts at $12 per month |
Typical customers: | Small businesses and start ups |
Platforms: | Desktop, Mobile, Cloud |
Links: | Xero review, Xero pricing, Xero alternatives |
FreeAgent Specifications
ITQlick Score: | 85/100 |
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ITQlick Rating: |
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Pricing: | 2/10 - low cost |
Category: | Core Accounting -> FreeAgent review |
Company: | FreeAgent |
Pricing: | starts at $12 per month |
Typical customers: | Small businesses and start ups |
Platforms: | Desktop, Mobile, Cloud |
Links: | FreeAgent review, FreeAgent pricing, FreeAgent alternatives |
Compare features
Xero: 13 Features
FreeAgent: 9 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.