FreshBooks - Top 13 Alternatives

Shlomi LaviShlomi Lavi / updated: Dec 11, 2021

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Freshbooks competes with other core accounting softwares like Netsuite, Wave Accounting, Zoho Books, and Sage Intacct. We will compare them in specific aspects below;
  • Functionality: Freshbooks offers features such as Bank Reconciliation, Billing and Invoicing, Expense Tracking, Payroll Management, Project Accounting, and Tax Management. All its closest alternatives such as Sage Intacct, Netsuite, and Wave Accounting provide all available features in Freshbooks with the addition of CPA Firms, Fixed Asset Management, Purchase Order management, etc. Zoho Books provides all the features in Freshbooks except CPA Firms, Fixed Asset Management, Fund Accounting, and Payroll Management.
  • Customers/Industries: Freshbooks target accountants and business owners who are freelancers and self-employed professionals. The software also targets businesses with contractors and employees. In terms of customer base, over 24 million people have used Freshbooks worldwide. Netsuite targets industries in advertising and digital marketing agencies, consulting, education, energy, media and publishing, manufacturing, etc. Netsuite has been used by more than 27,000 customers such as the Second City, Quicken INC., and Land OLakes. Wave accounting targets owners of small businesses and solo entrepreneurs. Zoho Books targets freelancing accountants. Zoho Books is powering thousands of businesses such as Optimized Sense LTD, Instant Data Center, and Empire Aviation Group. Sage Intacct targets industries in manufacturing, wholesale distribution, professional services, chemicals, etc.
  • Cost: ITQlick expert cost-rated FreshBooks 1/5 (where 1 is low-cost and 5 is high-cost), meaning that it is low-cost when compared to its closest alternatives. Freshbooks starts at $6 per month and $108 per year. Freshbooks comes with a free trial. Zoho Books start at $2,700 per organization/month and $27,000 per organization/year. The pricing information for Sage Intacct and Wave Accounting is unavailable.
  • Cloud-based/On-premise: All the accounting systems mentioned in this review are cloud-based.
  • Popularity: Freshbooks has been in operation since 2004 with over 24 million businesses. Netsuite is under the parent company Oracle is a publicly-traded company (NYSE: ORCL) operating since 1977 with 18,000+ customers. Wave Accounting has been in operation since 2009, and Zoho Books since 1996. Freshbooks is more popular than the other alternatives.
  • Scalability: Freshbooks can accommodate small businesses owners and self-employed professionals. Netsuite can accommodate small, mid-sized, and rapid growth businesses. Zoho Books can accommodate small to medium-sized enterprises.
  • Support: Freshbooks and Zoho books provides customer support features such as Email/Help Desk, FAQs/Forum, Phone Support, Knowledge Base and Chat. Freshbooks and Zoho books do not provide the 24/7 live representative feature. Sage Intacct and Netsuite provide all the customer support features needed for customer satisfaction. Wave Accounting lacks customer features such as Phone Support and 24/7 Live representative.

2021's Top FreshBooks Alternatives

Here are the top 4 alternatives to FreshBooks that are worth checking out: QuickBooks Online Plus for SMBs, Multiview for large size business, Zoho Books for growing companies, and Adminsoft Accounts for startups and SMBs.

ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
Score ITQlick Score is a 1 to 100 score, based on pricing, and functionality Vs. alternative solutions
Pricing pricing Score is a 1 to 10 score, 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
Review
Compare
FreshBooks
ITQlick rating
4.5/5
Score
95/100
Pricing
2/10
License pricing
$4.50 per month
Functionality
28
Best for SMBs
QuickBooks
ITQlick rating
4.2/5
Score
99/100
Pricing
5/10
License pricing
$12.50 per month
Functionality
7
Best for Enterprise
Multiview
ITQlick rating
4.6/5
Score
93/100
Pricing
3.8/10
License pricing
$3,500 per license
Functionality
53
Growing
Zoho
ITQlick rating
4.4/5
Score
96/100
Pricing
2.4/10
License pricing
$10 per organizer/month
Functionality
9
Review
Free version
Adminsoft
ITQlick rating
4.4/5
Score
92/100
Pricing
6.8/10
License pricing
$259 per license
Functionality
13

1. QuickBooks Online Plus - Best for SMBs

QuickBooks Online Plus is an alternative Core Accounting software, QuickBooks Online Plus used on the cloud, FreshBooks can be used on-premises and on the cloud. QuickBooks Online Plus, with a pricing score of 5 is considered more expensive to implement than FreshBooks with a score of 2.

QuickBooks Online Plus is rated 4.2 stars by ITQlick experts, both software products offer a good range of features (QuickBooks offers 7 main features). compare head to head: QuickBooks Online Plus Vs FreshBooks

2. Multiview - Best for Large Business

Multiview is an alternative Core Accounting software, Multiview installed on-premises or used cloud based, FreshBooks can be used on-premises and on the cloud. Multiview, with a pricing score of 3.8 is considered more expensive to implement than FreshBooks with a score of 2.

Multiview is rated 4.6 stars by ITQlick experts, both software products offer a good range of features (Multiview offers 53 main features). compare head to head: Multiview Vs FreshBooks

3. Zoho Books - Best for Growing Companies

Zoho Books is an alternative Core Accounting software, Zoho Books installed on-premises or used cloud based, FreshBooks can be used on-premises and on the cloud. Zoho Books, with a pricing score of 2.4 is considered more expensive to implement than FreshBooks with a score of 2.

Zoho Books is rated 4.4 stars by ITQlick experts, both software products offer a good range of features (Zoho offers 9 main features). compare head to head: Zoho Books Vs FreshBooks

4. Adminsoft Accounts - Best for NO Budget or Start up Companies

Adminsoft Accounts is an alternative Core Accounting software, Adminsoft Accounts installed on-premises or used cloud based, FreshBooks can be used on-premises and on the cloud. Adminsoft Accounts, with a pricing score of 6.8 is considered more expensive to implement than FreshBooks with a score of 2.

Adminsoft Accounts is rated 4.4 stars by ITQlick experts, both software products offer a good range of features (Adminsoft offers 13 main features). compare head to head: Adminsoft Accounts Vs FreshBooks

5. Wave Accounting

Wave Accounting is an alternative Core Accounting software, Wave Accounting used on the cloud, FreshBooks can be used on-premises and on the cloud. Wave Accounting, with a pricing score of 5.6 is considered more expensive to implement than FreshBooks with a score of 2.

Wave Accounting is rated 4.4 stars by ITQlick experts, both software products offer a good range of features (Wave offers 8 main features). compare head to head: Wave Accounting Vs FreshBooks

6. Vyapar

Vyapar is an alternative Core Accounting software, Vyapar installed on-premises or used cloud based, FreshBooks can be used on-premises and on the cloud. Vyapar, with a pricing score of 8 is considered more expensive to implement than FreshBooks with a score of 2.

Vyapar is rated 4.4 stars by ITQlick experts, both software products offer a good range of features (Vyapar offers 5 main features). compare head to head: Vyapar Vs FreshBooks

7. Xero

Xero is an alternative Core Accounting software, Xero installed on-premises or used cloud based, FreshBooks can be used on-premises and on the cloud. Xero is considered same cost to implement ($20 per month) as FreshBooks, both with a pricing score of 2.

Xero is rated 4.3 stars by ITQlick experts, both software products offer a good range of features (Xero offers 46 main features). compare head to head: Xero Vs FreshBooks

8. TurboCASH Open Source Accounting

TurboCASH Open Source Accounting is an alternative Core Accounting software, TurboCASH Open Source Accounting used on the cloud, FreshBooks can be used on-premises and on the cloud. TurboCASH Open Source Accounting, with a pricing score of 3 is considered more expensive to implement than FreshBooks with a score of 2.

TurboCASH Open Source Accounting is rated 3.8 stars by ITQlick experts, both software products offer a good range of features (TurboCASH offers 4 main features). compare head to head: TurboCASH Open Source Accounting Vs FreshBooks

9. FINSYNC

FINSYNC is an alternative Core Accounting software, FINSYNC installed on-premises or used cloud based, FreshBooks can be used on-premises and on the cloud. FINSYNC, with a pricing score of 2.8 is considered more expensive to implement than FreshBooks with a score of 2.

FINSYNC is rated 4.4 stars by ITQlick experts, both software products offer a good range of features (FINSYNC offers 13 main features). compare head to head: FINSYNC Vs FreshBooks

10. Dynacom Enterprise

Dynacom Enterprise is an alternative Core Accounting software, Dynacom Enterprise cloud, FreshBooks can be used on-premises and on the cloud. Dynacom Enterprise, with a pricing score of 6.2 is considered more expensive to implement than FreshBooks with a score of 2.

Dynacom Enterprise is rated 4.5 stars by ITQlick experts, both software products offer a good range of features (Dynacom offers 6 main features). compare head to head: Dynacom Enterprise Vs FreshBooks

11. Fusion Accounts

Fusion Accounts is an alternative Core Accounting software, Fusion Accounts used on the cloud, FreshBooks can be used on-premises and on the cloud. Fusion Accounts, with a pricing score of 6 is considered more expensive to implement than FreshBooks with a score of 2.

Fusion Accounts is rated 4.5 stars by ITQlick experts, both software products offer a good range of features (Fusion offers 7 main features). compare head to head: Fusion Accounts Vs FreshBooks

12. VisionCore

VisionCore is an alternative Core Accounting software, VisionCore used on the cloud, FreshBooks can be used on-premises and on the cloud. VisionCore, with a pricing score of 6.8 is considered more expensive to implement than FreshBooks with a score of 2.

VisionCore is rated 3.1 stars by ITQlick experts, both software products offer a good range of features (VisionCore offers 10 main features). compare head to head: VisionCore Vs FreshBooks

13. Sage Intacct

Sage Intacct is an alternative Core Accounting software, Sage Intacct installed on-premises or used cloud based, FreshBooks can be used on-premises and on the cloud. Sage Intacct, with a pricing score of 6 is considered more expensive to implement than FreshBooks with a score of 2.

Sage Intacct is rated 4.2 stars by ITQlick experts, both software products offer a good range of features (Sage offers 27 main features). compare head to head: Sage Intacct Vs FreshBooks

Author

Shlomi Lavi

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Shlomi holds a Bachelor of Science (B.Sc.) in Information System Engineering from Ben Gurion University in Israel. Shlomi brings 15 years of global IT and IS management experience as a consultant, and implementation expert for small, medium and large size (global) companies.