FreshBooks is a software company that aims to provide accounting services to businesses. Whether you operate a small or medium business or are a freelancer, FreshBooks can be the right choice to simplify your financial issues. It provides a ton of services to entrepreneurs and freelancers.
Table of Contents
In this content we will break down the details of FreshBooks, what features it serves, resources it serves, why it stands out more than other similar software, etc.
Key Features of FreshBooks
FreshBooks is renowned for its numerous features like accounting, bookkeeping, connecting to clients, etc. Some of the key features of FreshBooks are –
User Friendly Invoice
You can create professional-looking invoices for your business effortlessly with FreshBooks. You can even personalize invoices, add the logo of your company, and personalize your ‘thank you’ emails. The steps for invoices are simple and easy to understand for any level of user.
Fast Online Payment
FreshBooks Payments lets your customers pay directly through Mastercard, VISA card, or American Express and automatically records each payment into your designated account. So you can receive payment from clients in no time.
Time Tracking Feature
Freelancers and service businesses find FreshBooks’ time-tracking features very useful for their startups. This app can track projects and clients, and then turn those hours into accurate invoices. It’s a win-win in terms of productivity and profits.
Insightful Financial Report
You can receive valuable insights into your finances with FreshBooks’ powerful reporting capabilities. This software makes it possible to track your income and expenses and create a profit and loss account. You can easily understand whether your business is growing or not.
Mileage Tracking App
FreshBooks helps you track your travel history so that you can save valuable time while traveling. It makes you more organized while on the road and identifies potential tax deductions.
Easy Bookkeeping
You can use the bookkeeping and tax filing features of FreshBooks which makes you more organized. You can give input to your monthly statement, and financial statement and reconcile accounts.
Collaborative System
FreshBooks offers collaboration features that allow multiple team members to work together seamlessly. You can easily share access with your accountant, team members, or business partners for efficient financial management of your company.
Desktop and Android App
You can use FreshBooks not only on your computer but also on your mobile. So it provides people with the flexibility that modern entrepreneurs need.
Who Benefits from FreshBooks?
FreshBooks is designed for a wide range of users, the following table describes those-
| Profession | Services it provides |
| Freelancers | FreshBooks has designated plans and packages for IT Businesses, from lite to premium. In addition, most IT technology persons love their service. |
| Small Business Owners | From startups to established small businesses, FreshBooks simplifies accounting processes so you can focus on what matters most: growing your business. |
| Service Based Companies | Service-based businesses, such as marketing agencies, law firms, and consulting firms, will find FreshBooks’ time tracking and reporting features especially useful. |
| Entrepreneurs | FreshBooks helps entrepreneurs easily manage their finances, providing them with the financial information they need to make informed decisions. |
| IT Business | FreshBooks has designated plans and packages for IT Businesses, from lite to premium. IN addition, most IT technology persons love their service. |
| Construction and Trades | FreshBooks has designated plans and packages for construction and trades which makes their business more organized and compact. |
FreshBooks Pricing
There are three major types of pricing for FreshBooks which are –
| Lite | Plus | Premium |
| Starting at $50/month is recommended for growing businesses | Starting at $50/month recommended for growing businesses | Starting at $25/month is recommended for small businesses |
Apart from these three types, there is custom business pricing. If you are conducting a large business with complex needs, you must take this pricing system which will be tailored according to your necessity. In all the pricing plans, you can try it for free for some period and then you need to buy it for longer use.
Why Should You Choose FreshBooks?
Due to some compelling reasons, FreshBooks is a smart choice. For example-
Automation saves time
With features like automated invoicing, expense tracking, and bank reconciliation, FreshBooks automates many tasks, giving you more time to focus on growing your business.
Professional invoice
FreshBooks helps you present a professional image to your customers with personalized and branded invoices.
Cash flow improved
By making it easy for customers to pay you online, FreshBooks can dramatically improve your cash flow. It can upgrade your budgeting, billing system, etc.
Scalability
As your business grows, FreshBooks can grow with you. Tiered pricing ensures you only pay for the features you need.
Excellent customer support
FreshBooks offers fast customer support to help you with any questions or problems.
Other Competitors of FreshBooks
Quickbooks
One of the renowned accounting software is Quickbooks. Quickbooks serves a lot of features like FreshBooks like account access, mileage tracking, bookkeeping, payroll, online payment, expense tracking, etc. But FreshBooks has more features like client communication, scheduling, project profitability tools, adding multiple users, etc.
Harvest
Harvest is another cloud-based software that is ideal for small business owners. Harvest cannot provide features like invoice, time or expense tracking, online support, attach digital receipts, etc.
Wave
Wave offers free accounting and invoicing software that is particularly popular with freelancers and small businesses. It’s known for its simplicity and cost-effectiveness. Although Wave is very popular, the rating of Wave is 7.9 which is 9.3 for FreshBooks.
Xero
Xero is very popular among businessmen for its user-friendly interface and has a number of facilities. Although Xero cannot provide features like project profitability tools, expense tracking, client communication, etc.
Frequently Asked Questions (FAQ)s
How Can I use a 30-day trial of FreshBooks?
During a 30-day trial, small business owners get access to all FreshBooks features. They cannot access only Advanced Payments (like FreshBooks invoicing, time tracking, and expense). So, it is better that you get to know what features you are getting with FreshBooks.
Which Business plan should I Buy?
Among the three pricing systems, you must choose the payment system according to your budget and your business’s needs. If you are a small business owner, you can start with the lite plan and eventually move to plus or premium.
Can I use FreshBooks on all my devices?
Absolutely. You can use FreshBooks on your computer, laptop, tablet, mobile, etc.
Does FreshBooks provide its customers with online support?
FreshBooks has won 11 Stevie Awards, an international award given out to the absolute best customer support department in the world. From this information, it is clear that FreshBooks provides the best support to its customers.
Wrap Up
FreshBooks is a software that comes with a bundle of services. If you are a freelancer, business owner, or any person trying to run a business, this software may be your go-to option. This software will help you make plans for your budget, expenses, investments, savings, etc. So, you do not need to stress more, rather buy FreshBooks and enjoy simple accounting!