AccountMate vs. FreshBooks

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
AccountMate
Score 8.9 out of 10
N/A
AccountMate offers accounting software for small, midsize, or growing businesses. AccountMate SQL Software is specifically for businesses with high transaction volumes and heavy user loads. It can accommodate hundreds of simultaneous users, providing businesses with a comprehensive, real-time business and financial management solution. AccountMate Express Software is designed for businesses with up to five concurrent users that desire the stability and speed of a SQL database…N/A
FreshBooks
Score 6.1 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.
$15
per month
Pricing
AccountMateFreshBooks
Editions & Modules
No answers on this topic
Lite
$15
per month
Plus
$30
per month
Premium
$55
per month
Select
Custom Pricing
Offerings
Pricing Offerings
AccountMateFreshBooks
Free Trial
NoYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Features
AccountMateFreshBooks
Payroll Management
Comparison of Payroll Management features of Product A and Product B
AccountMate
8.8
1 Ratings
16% above category average
FreshBooks
-
Ratings
Pay calculation10.01 Ratings00 Ratings
Direct deposit files9.01 Ratings00 Ratings
Salary revision and increment management8.01 Ratings00 Ratings
Reimbursement management8.01 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
AccountMate
9.0
1 Ratings
12% above category average
FreshBooks
6.3
38 Ratings
24% below category average
Single sign-on capability9.01 Ratings10.01 Ratings
Role-based user permissions00 Ratings2.638 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
AccountMate
7.0
1 Ratings
8% below category average
FreshBooks
4.5
52 Ratings
51% below category average
Dashboards6.01 Ratings4.652 Ratings
Standard reports9.01 Ratings4.150 Ratings
Custom reports6.01 Ratings4.82 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
AccountMate
7.6
1 Ratings
3% above category average
FreshBooks
4.6
51 Ratings
47% below category average
Accounts payable8.01 Ratings1.236 Ratings
Accounts receivable9.01 Ratings2.450 Ratings
Cash management7.01 Ratings7.03 Ratings
Bank reconciliation8.01 Ratings7.02 Ratings
Expense management9.01 Ratings2.846 Ratings
Time tracking7.01 Ratings3.439 Ratings
Multi-currency support7.01 Ratings7.01 Ratings
Multi-division support9.01 Ratings00 Ratings
Regulations compliance7.01 Ratings1.218 Ratings
Electronic tax filing8.01 Ratings00 Ratings
Global Financial Support8.01 Ratings00 Ratings
Intercompany Accounting5.01 Ratings00 Ratings
Journals and Reconciliations8.01 Ratings00 Ratings
Enterprise Accounting7.01 Ratings00 Ratings
Configurable Accounting7.01 Ratings00 Ratings
Standardized Processes7.01 Ratings00 Ratings
Self-service portal00 Ratings9.13 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
AccountMate
8.0
1 Ratings
13% above category average
FreshBooks
-
Ratings
Inventory tracking9.01 Ratings00 Ratings
Automatic reordering8.01 Ratings00 Ratings
Manufacturing module7.01 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
AccountMate
8.6
1 Ratings
15% above category average
FreshBooks
3.9
44 Ratings
62% below category average
Pricing8.01 Ratings2.234 Ratings
Order entry9.01 Ratings1.234 Ratings
Credit card processing9.01 Ratings2.136 Ratings
Cost of goods sold9.01 Ratings10.01 Ratings
End-to-end order visibility8.01 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
AccountMate
9.0
1 Ratings
24% above category average
FreshBooks
1.2
32 Ratings
142% below category average
Plug-ins9.01 Ratings1.123 Ratings
API for custom integration00 Ratings1.227 Ratings
Best Alternatives
AccountMateFreshBooks
Small Businesses
QuickBooks Self-Employed
QuickBooks Self-Employed
Score 9.1 out of 10
QuickBooks Self-Employed
QuickBooks Self-Employed
Score 9.1 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Accounting Seed
Accounting Seed
Score 8.3 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.1 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 8.1 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
AccountMateFreshBooks
Likelihood to Recommend
10.0
(1 ratings)
1.4
(70 ratings)
Likelihood to Renew
-
(0 ratings)
7.6
(18 ratings)
Usability
-
(0 ratings)
4.8
(15 ratings)
Availability
-
(0 ratings)
10.0
(2 ratings)
Performance
-
(0 ratings)
8.0
(1 ratings)
Support Rating
-
(0 ratings)
4.5
(11 ratings)
Implementation Rating
-
(0 ratings)
10.0
(1 ratings)
User Testimonials
AccountMateFreshBooks
Likelihood to Recommend
AccountMate
AccountMate is a great product for wholesale and distributors. It manages the inventory cycles comprehensively, from purchasing to stocking, to sales and delivery. There are a great many tools available to manage inventory, properties, and financials. The availability to have third-party add-ons offers even greater opportunities to meet the needs of the end-user. The system is not really suited for certain types of service industries: legal, medical, and those businesses that invoice on time.
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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.
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Pros
AccountMate
  • Ease of use
  • Ability to easily adapt the solution to fit the needs of the end user
  • Integration of data across different platforms
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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&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.
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Cons
AccountMate
  • Custom reports: The current system uses Crystal Reports, which is a bit cumbersome.
  • True cloud-based solution is missing
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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.
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Likelihood to Renew
AccountMate
No answers on this topic
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.
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Usability
AccountMate
No answers on this topic
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.
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Reliability and Availability
AccountMate
No answers on this topic
FreshBooks
FreshBooks is easy to use and always works!
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Support Rating
AccountMate
No answers on this topic
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.
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Implementation Rating
AccountMate
No answers on this topic
FreshBooks
I haven't changed my mind since my first evaluation. Freshbooks is still meeting my needs, easy to use, etc.
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Alternatives Considered
AccountMate
We use AccountMate for a number of reasons, particularly its ease of use and the ability to customize any part of the system (with source code residing on the end-user system--a HUGE advantage).
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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.
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Return on Investment
AccountMate
  • Allows us to quickly gain insight into the current and past performance of the company
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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.
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ScreenShots

FreshBooks Screenshots

Screenshot of DashboardScreenshot of Invoice OverviewScreenshot of Beautiful, Customizable InvoicesScreenshot of Invoice seamlessly across devicesScreenshot of ExpensesScreenshot of Time Tracking