What users are saying about
191 Ratings
17 Ratings
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Score 8.4 out of 100
191 Ratings
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Score 8.2 out of 100

Feature Set Ratings

  • Accounting Power ranks higher in 3 feature sets: Security, Reporting & Analytics, General Ledger and Configurable Accounting
  • FreshBooks ranks higher in 1 feature set: Customization

Customization

4.0

Accounting Power

40%
6.2

FreshBooks

62%
FreshBooks ranks higher in 2/2 features

API for custom integration

4.0
40%
1 Rating
5.8
58%
26 Ratings

Plug-ins

N/A
0 Ratings
6.6
66%
22 Ratings

Security

9.5

Accounting Power

95%
8.7

FreshBooks

87%
Accounting Power ranks higher in 2/2 features

Single sign-on capability

10.0
100%
1 Rating
10.0
100%
1 Rating

Role-based user permissions

9.0
90%
1 Rating
7.3
73%
37 Ratings

Reporting & Analytics

8.0

Accounting Power

80%
6.7

FreshBooks

67%
FreshBooks ranks higher in 2/3 features

Dashboards

7.0
70%
1 Rating
8.0
80%
50 Ratings

Custom reports

9.0
90%
1 Rating
4.8
48%
2 Ratings

Standard reports

N/A
0 Ratings
7.3
73%
48 Ratings

General Ledger and Configurable Accounting

8.5

Accounting Power

85%
7.3

FreshBooks

73%
Accounting Power ranks higher in 8/12 features

Accounts payable

9.0
90%
1 Rating
5.7
57%
35 Ratings

Accounts receivable

9.0
90%
1 Rating
7.5
75%
49 Ratings

Cash management

8.0
80%
1 Rating
7.0
70%
3 Ratings

Bank reconciliation

10.0
100%
1 Rating
7.0
70%
2 Ratings

Expense management

9.0
90%
1 Rating
7.3
73%
45 Ratings

Multi-division support

6.0
60%
1 Rating
N/A
0 Ratings

Journals and Reconciliations

8.0
80%
1 Rating
N/A
0 Ratings

Standardized Processes

9.0
90%
1 Rating
N/A
0 Ratings

Time tracking

N/A
0 Ratings
8.8
88%
38 Ratings

Multi-currency support

N/A
0 Ratings
7.0
70%
1 Rating

Regulations compliance

N/A
0 Ratings
6.0
60%
17 Ratings

Self-service portal

N/A
0 Ratings
9.1
91%
3 Ratings

Order Management

Accounting Power

Feature Set Not Supported
N/A
7.8

FreshBooks

78%
FreshBooks ranks higher in 4/4 features

Pricing

N/A
0 Ratings
7.2
72%
33 Ratings

Order entry

N/A
0 Ratings
8.0
80%
33 Ratings

Credit card processing

N/A
0 Ratings
6.1
61%
34 Ratings

Cost of goods sold

N/A
0 Ratings
10.0
100%
1 Rating

Attribute Ratings

  • Accounting Power is rated higher in 3 areas: Likelihood to Recommend, Likelihood to Renew, Usability
  • FreshBooks is rated higher in 2 areas: Support Rating, Implementation Rating

Likelihood to Recommend

9.0

Accounting Power

90%
1 Rating
6.6

FreshBooks

66%
67 Ratings

Likelihood to Renew

10.0

Accounting Power

100%
1 Rating
7.6

FreshBooks

76%
18 Ratings

Usability

10.0

Accounting Power

100%
1 Rating
6.8

FreshBooks

68%
13 Ratings

Availability

Accounting Power

N/A
0 Ratings
10.0

FreshBooks

100%
4 Ratings

Performance

Accounting Power

N/A
0 Ratings
8.0

FreshBooks

80%
2 Ratings

Support Rating

7.0

Accounting Power

70%
1 Rating
7.7

FreshBooks

77%
13 Ratings

Implementation Rating

8.0

Accounting Power

80%
1 Rating
10.0

FreshBooks

100%
2 Ratings

Likelihood to Recommend

AccountantsWorld

Retail, professional services, non-manufacturing, or non-inventory-based clients are a great fit.
Read full review

FreshBooks

FreshBooks is the perfect tool for businesses who have hundreds of clients and customers whom they invoice regularly. It removes the need to manually send invoices to clients and customers, by streamlining inputted information to create an automated invoicing system which keeps clients and customers up to date with their bills. It is also a great tool for managing expenses, especially for companies with different teams working on varying projects, ensuring these teams do not exceed the budget ceiling.
Read full review

Pros

AccountantsWorld

  • Simple layout
  • Logical menu and format
  • Flexibility in designing reports
  • Department/location accounting
Read full review

FreshBooks

  • FreshBooks is pretty intuitive to use. I did have some questions when I first started using the system, but it wasn't a long learning curve.
  • FreshBooks provides more capability than other billing applications such as PaySimple or BlinkSale. FreshBooks does provide an easy invoicing function. It's easy to create invoices that can be sent via email or snail mail to one or more individuals (for example, the decision-maker and the accounting dept). Clients can pay online or send a check and then I note that the payment has been received. If paid by credit card, the system automatically marks the invoice paid. Your business accounts such as bank accounts can be linked to FreshBooks. Then, the system can automatically draw in expenses and will create simple P&amp;L reports, overdue invoices, client history, etc. If you don't have inventory and complex payroll, etc. FreshBooks provides just the right level of capability to make financial tracking simple.
  • FreshBooks integrates with a number of credit card companies. I use Stripe, which has fees similar to Paypal, but much more reliable processing. I can accept all credit cards, including American Express, for a reasonable fee.
Read full review

Cons

AccountantsWorld

  • CPA firm's client interface for delivery of bills to pay
  • Better ACH payment options for bill payment
  • Additional layer of department/location allocation
  • Invoicing option in mobile app
Read full review

FreshBooks

  • I can brand invoices with my business logo, but I might like to change colours of the invoices themselves to match the rest of my business documents. That isn't a major point at all, but it's something that I'd like to see.
  • Freshbooks doesn't remember the categories that similar expenses were previously assigned to. It would be nice if Freshbooks would suggest a category for an already saved vendor, to ensure the consistency of expense reporting.
  • The home page of a Freshbooks account has a great graph display of expenses and income, but it only shows the last 6 months. This is still very useful, but I'd like to be able to see this kind of graph for different periods of time.
Read full review

Pricing Details

Accounting Power

Starting Price

Editions & Modules

Accounting Power editions and modules pricing
EditionModules

Footnotes

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    No setup fee

    Additional Details

    FreshBooks

    Starting Price

    $0

    Editions & Modules

    FreshBooks editions and modules pricing
    EditionModules
    Lite$4.501
    Plus$7.502
    Premium$153
    SelectCustom Pricing4

    Offerings

    Free Trial
    Free/Freemium Version
    Premium Consulting/Integration Services

    Entry-level set up fee?

    No setup fee

    Additional Details

    Likelihood to Renew

    AccountantsWorld

    I do not see a good alternative in the market
    Read full review

    FreshBooks

    At the current needs of our business, FreshBooks suits us perfectly - it allows online access by our accountant to the system for GST purposes, easy input of expenses and tracking of Profit and Loss statements. FreshBooks customer service is great as well - very understanding and accommodating.
    Read full review

    Usability

    AccountantsWorld

    It provides everything one needs for accounting services and then some at a price point that makes it very affordable.
    Read full review

    FreshBooks

    FreshBooks is very easy to use even for novices. If you're looking for an online accounting software that is full of features, has great aesthetics and is user-friendly, then this is definitely the software for you. I've been using it for several years now and despite being tempted to switch by other vendors, I like the feel of FreshBooks and it's mobile features.
    Read full review

    Reliability and Availability

    AccountantsWorld

    No answers on this topic

    FreshBooks

    FreshBooks is easy to use and always works!
    Read full review

    Support Rating

    AccountantsWorld

    Needs some work. Support staff seem to be computer people, not accountants or users of the system. Their answers sometimes seem short and computer-based. Not answered in a way that says, "I have thought through this and here is what I see to do."
    Read full review

    FreshBooks

    I think the support level for FreshBooks is on par with a 6 because the folks behind this application do a fairly good job at providing support for their customer base. I still don't think they are at an elite level when it comes to supporting but are getting there although too slow in my opinion.
    Read full review

    Implementation Rating

    AccountantsWorld

    Seek out others who have done it and learn from them.
    Read full review

    FreshBooks

    I haven't changed my mind since my first evaluation. Freshbooks is still meeting my needs, easy to use, etc.
    Read full review

    Alternatives Considered

    AccountantsWorld

    I find Accounting Power to have more flexibility, power, and reporting capability than QuickBooks Online with a simpler interface.
    Read full review

    FreshBooks

    We do not consider other options since our client wants the implementation of this platform in order to use it in the two countries where it has operations.

    At the moment, full integration was not possible and we still share the information with a Mexican system to complete everything necessary.
    Read full review

    Return on Investment

    AccountantsWorld

    • Allowed for standardized processes
    • Improved efficiency in disbursement processing
    • Bank feed is easily broken
    • ACH payment options are not well established
    Read full review

    FreshBooks

    • Freshbooks saves me time compared to when I managed to invoice without an app.
    • Freshbooks make keeping my invoices organized which saves me time.
    • Freshbooks helps me to know who is late on payments. When I was doing this by hand, some invoices would get lost in the clutter and I would not find out I haven't been paid until much later.
    Read full review

    Screenshots

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