Accounting Seed is accounting software that is native to Salesforce.
N/A
FreshBooks
Score 9.0 out of 10
Small Businesses (1-50 employees)
FreshBooks is an accounting service for small businesses. The solution enables users to send and manage invoices, track billable time and collect online payments. The vendor’s value proposition this that their solution provides a straightforward service that simplifies the billing process.
$21
per month
Pricing
Accounting Seed
FreshBooks
Editions & Modules
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Lite
$21
per month
Plus
$38
per month
Premium
$65
per month
Select
Custom Pricing
Offerings
Pricing Offerings
Accounting Seed
FreshBooks
Free Trial
No
Yes
Free/Freemium Version
No
Yes
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
Pricing starts at $3,960/year.
10% discount for annual pricing.
More Pricing Information
Community Pulse
Accounting Seed
FreshBooks
Features
Accounting Seed
FreshBooks
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Accounting Seed
9.0
2 Ratings
18% above category average
FreshBooks
-
Ratings
Pay calculation
8.32 Ratings
00 Ratings
Benefit plan administration
8.62 Ratings
00 Ratings
Direct deposit files
9.32 Ratings
00 Ratings
Salary revision and increment management
9.02 Ratings
00 Ratings
Reimbursement management
9.72 Ratings
00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Accounting Seed
9.7
4 Ratings
25% above category average
FreshBooks
9.1
35 Ratings
18% above category average
API for custom integration
9.74 Ratings
9.330 Ratings
Plug-ins
9.73 Ratings
9.026 Ratings
Security
Comparison of Security features of Product A and Product B
Accounting Seed
9.7
4 Ratings
17% above category average
FreshBooks
10.0
41 Ratings
20% above category average
Single sign-on capability
9.74 Ratings
10.01 Ratings
Role-based user permissions
9.74 Ratings
10.041 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Accounting Seed
9.1
6 Ratings
16% above category average
FreshBooks
7.5
57 Ratings
4% below category average
Dashboards
9.75 Ratings
9.057 Ratings
Standard reports
8.76 Ratings
8.855 Ratings
Custom reports
8.86 Ratings
4.82 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Accounting Seed
8.9
6 Ratings
16% above category average
FreshBooks
7.5
56 Ratings
1% below category average
Accounts payable
9.66 Ratings
8.041 Ratings
Accounts receivable
9.74 Ratings
9.455 Ratings
Cash management
9.45 Ratings
7.03 Ratings
Bank reconciliation
8.66 Ratings
7.02 Ratings
Expense management
9.75 Ratings
6.651 Ratings
Time tracking
9.72 Ratings
7.642 Ratings
Fixed asset management
9.73 Ratings
00 Ratings
Multi-currency support
7.23 Ratings
7.01 Ratings
Multi-division support
8.54 Ratings
00 Ratings
Regulations compliance
7.63 Ratings
6.021 Ratings
Electronic tax filing
8.62 Ratings
00 Ratings
Self-service portal
9.73 Ratings
9.13 Ratings
Global Financial Support
10.03 Ratings
00 Ratings
Primary and Secondary Ledgers
8.74 Ratings
00 Ratings
Intercompany Accounting
9.14 Ratings
00 Ratings
Localizations
10.03 Ratings
00 Ratings
Journals and Reconciliations
9.76 Ratings
00 Ratings
Enterprise Accounting
5.54 Ratings
00 Ratings
Configurable Accounting
8.55 Ratings
00 Ratings
Centralized Rules Framework
9.13 Ratings
00 Ratings
Standardized Processes
9.14 Ratings
00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Accounting Seed
9.0
2 Ratings
20% above category average
FreshBooks
-
Ratings
Inventory tracking
9.72 Ratings
00 Ratings
Automatic reordering
9.72 Ratings
00 Ratings
Location management
9.72 Ratings
00 Ratings
Manufacturing module
6.92 Ratings
00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
I wouldn’t recommend Accounting Seed to enterprise companies. However, Accounting Seed is the best cloud accounting tool for small and medium-sized companies that are yearning to automate accounts payable and receivable, inventory management, and invoice customization in one integrated platform.
I recommend FreshBooks to anyone running a service-based business that needs invoicing, time reporting, and accounting tools. FB is adept in all three of these scenarios and isn't overly complicated like similar accounting packages I have used. I love how I can write estimates and proposals, manage the business development process from the software, and quickly convert prospects to invoiced clients.
Invoicing - FreshBooks basically ensures our accountants spend less time on invoices via its automated invoicing system, which sends invoices to our customers and clients alike and also send them regular reminders for them to pay up their bills.
Collecting business insights - FreshBooks enable our company analysts measure our business performances via data reports provided by FreshBooks' intuitive dashboard. Allowing us do a comparative analysis of key business metrics of a current month against past months and determine if the business is growing.
Expense tracker - We have recently embraced FreshBooks as an expense tracker for teams at our company branch. Thusfar, FreshBooks has performed very well, making our expense management a perfect operation; ensuring teams do not exceed their planned budget and also eliminating the need for tracking expenses on excel spreadsheets.
Custom reporting seems cumbersome, but it could just be that we need better instructions, more examples, maybe some more canned reports. My company needs the ability to compare multiple years, and more than one budget in a report - we start with an approved board budget and then we reproject each quarter.
Non profits need to print financials by restriction level - this has also been very awkward - all the data is there but I have to piece it together in an excel spreadsheet every time I want it.
In general, the materials needed for non profits is not as accessible as it could be.
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.
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.
It always works well. We've never had programming issues. Never. It is easy to customize. The system can grow with you as your business grows and changes. Being cloud-based you can work from anywhere. It is intuitive. You have all the features of Salesforce, like workflows, that work perfectly in Accounting Seed. Having that full integration with Salesforce allows you to see all our data in one platform
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.
We seldom have had to use their support but when we have, they have been responsive and actually were able to answer our questions in a simple, nontech language. You don't have to be a programmer to talk to them!
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.
Honestly, Accounting Seed was the only one I focused on when looking to switch from our existing program. It showed in the partner app store and stated it was created native to SalesForce. As I read through it's capabilities, cost, etc., I knew it was the right choice.
FreshBooks does very well in comparison, especially since it is free software for Barclays bank users. Sage software is much worse than FreshBooks. However, Xero and QuickBooks, the market leaders, are still ahead with usability, additional features, reporting, and connection with third-party software providers. We chose FreshBooks as it does everything we require from this type of software.
In reality, we do not implement all of its use at the moment in order to determine an adequate ROI.
In our approach to the use of the system, it seems to us a considerable time saving by achieving the integration of the Mexican subsidiary with its parent located in the US.
Financial reports meet the necessary USGAAP requirements.