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  5. Freshbooks vs Xero

Freshbooks vs Xero

OverviewDecisionsComparisonAlternatives

Overview

Xero
Xero
Stacks232
Followers165
Votes4
Freshbooks
Freshbooks
Stacks23
Followers25
Votes0

Freshbooks vs Xero: What are the differences?

### Introduction
Freshbooks and Xero are popular cloud-based accounting software solutions that cater to small and medium-sized businesses. Both platforms offer a range of features to help businesses manage their finances efficiently.

1. **User Interface**: Freshbooks has a more user-friendly and intuitive interface, making it easier for users with limited accounting knowledge to navigate and understand the software. On the other hand, Xero has a more complex interface that may require some learning for new users to fully grasp all the functionalities.

2. **Feature Set**: Freshbooks primarily focuses on invoicing and time tracking, making it ideal for service-based businesses. Xero, on the other hand, offers a more comprehensive set of features including inventory management, purchase orders, and budgeting tools, catering to a wider range of business needs.

3. **Integration Options**: Xero provides a wider range of integrations with third-party apps and services compared to Freshbooks. This allows users to streamline their workflow by connecting Xero with other business tools they may already be using.

4. **Scalability**: Xero is better suited for growing businesses that may require more advanced accounting features and customization options as they expand. Freshbooks, on the other hand, is more suitable for small businesses or freelancers looking for a simpler accounting solution without the need for complex features.

5. **Mobile Apps**: Freshbooks offers a more robust mobile app with a user-friendly interface, allowing users to manage their finances on the go easily. While Xero also has a mobile app, some users may find it less intuitive and user-friendly compared to Freshbooks.

6. **Pricing**: Freshbooks follows a simpler pricing model with tiered plans based on the number of clients, whereas Xero's pricing is based on the number of users and includes additional costs for extra features like payroll. This difference in pricing models may influence the choice of business owners based on their specific needs and budget constraints.

In Summary, Freshbooks is a user-friendly accounting software focusing on invoicing and time tracking, while Xero offers a more comprehensive feature set and scalability options for growing businesses, with differences in user interface, integration options, mobile apps, and pricing models. 

Advice on Xero, Freshbooks

Dale
Dale

Independent Contractor at Self Employed

Jan 4, 2020

DecidedonFreshbooksFreshbooksZapierZapier

I started out as an Independent Contractor just about a month ago and wanted to start on the right foot. I did a bit of searching on Hacker News when I needed an Invoicing Solution. Freshbooks caught my eye initially but I decided to check StackShare for a more cost-effective solution. The Zapier integrations are pretty neat, the templates are cool and I'm looking forward to what else it has in store.

58.3k views58.3k
Comments

Detailed Comparison

Xero
Xero
Freshbooks
Freshbooks

Inventory, invoicing, time tracking, expenses, and hundreds of other apps all seamlessly integrate with Xero to save your business precious time and money.

It is simple and intuitive. It makes running your small business easy, fast and secure. Easily send invoices, track time, manage expenses, and get paid online.

Online accounting;Automatic bank reconciliation;Dashboard;Smart reports;Easy invoicing;Design your own templates;Advanced third-party payroll
Automate invoicing; Automate organizing expenses; Automate tracking your time and following up with clients ;
Statistics
Stacks
232
Stacks
23
Followers
165
Followers
25
Votes
4
Votes
0
Pros & Cons
Pros
  • 2
    Easy Invoicing
  • 2
    Smart Reports with automatic bank reconciliation
No community feedback yet
Integrations
Harvest
Harvest
Stripe
Stripe
PayPal
PayPal
Expensify
Expensify
G Suite
G Suite
Zapier
Zapier
Gusto
Gusto

What are some alternatives to Xero, Freshbooks?

Odoo

Odoo

It is a business management software including CRM, e-commerce, billing, accounting, manufacturing, warehouse, project management, and inventory management.

Wave

Wave

It is a free, online software alternative to Quickbooks. Wave helps manage invoices, credit card payments, accounting & payroll. Best for small businesses & freelancers.

QuickBooks

QuickBooks

It is an accounting software package. You can access and manage your books from your computer, laptop, tablet, or smartphone anytime you choose. Create access privileges so that your colleague or accountant can login and work.

Sage

Sage

It brings together everything you need under one platform to manage your accounting, financials, operations, people & payroll.

Gekko

Gekko

Gekko is a an online financial administration tool for freelancers, small studios and startups.

Receipt Bank

Receipt Bank

Effortless bookkeeping automation software that saves accountants, bookkeepers and small businesses time and money. It extracts the key information from your clients' bills, receipts and invoices, removing the need for manual data entry.

FreeAgent

FreeAgent

Accounting software for small businesses. It is made specifically for freelancers, small business owners and their accountants.

Fathom

Fathom

Fathom is an easy to use management reporting and financial analysis tool, which helps you to assess business performance, monitor trends and identify improvement opportunities.

Taxify

Taxify

Taxify helps you comply automatically with sales tax laws - even as they change. Syncs with all major e-commerce platforms so you can get back to running your business.

Epicor Financial Management

Epicor Financial Management

Gain efficiency and insight to transform your finance department into a strategic business partner. It lets you: Access real-time fiscal information from anywhere on any device, Make smarter, faster decisions with robust reporting and analytics and Grow your business globally with deep, country-specific functionality, and multicompany, multibook, and multicurrency support

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