What users are saying about
1 Rating
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Score 8 out of 100
45 Ratings
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Score 8.7 out of 100

Likelihood to Recommend

Clearwater Analytics

If your company has multiple investment accounts Clearwater is a great choice to consolidate month end reporting.
Matt Watford | TrustRadius Reviewer

FreeAgent

FreeAgent is really suited to the financial management of a small business. Especially an owner managed business as it provides all the tools to keep on top of finances. It can reduce the need for a bookkeeper as it is easy to add expenses and reconcile them with the linked bank accounts. The integrated payroll would also reduce the need for third-party management of such processes. Would still recommend the use of an accountant to advise on more complex financial requirements.
Vince McConville | TrustRadius Reviewer

Feature Rating Comparison

Payroll Management

Clearwater Analytics
FreeAgent
8.6
Pay calculation
Clearwater Analytics
FreeAgent
8.0
Benefit plan administration
Clearwater Analytics
FreeAgent
8.5
Direct deposit files
Clearwater Analytics
FreeAgent
8.9
Salary revision and increment management
Clearwater Analytics
FreeAgent
8.8
Reimbursement management
Clearwater Analytics
FreeAgent
8.7

Customization

Clearwater Analytics
FreeAgent
5.5
API for custom integration
Clearwater Analytics
FreeAgent
4.5
Plug-ins
Clearwater Analytics
FreeAgent
6.4

Security

Clearwater Analytics
FreeAgent
8.5
Single sign-on capability
Clearwater Analytics
FreeAgent
9.0
Role-based user permissions
Clearwater Analytics
FreeAgent
8.0

Reporting & Analytics

Clearwater Analytics
FreeAgent
7.8
Dashboards
Clearwater Analytics
FreeAgent
10.0
Standard reports
Clearwater Analytics
FreeAgent
9.0
Custom reports
Clearwater Analytics
FreeAgent
4.4

General Ledger and Configurable Accounting

Clearwater Analytics
FreeAgent
9.3
Accounts payable
Clearwater Analytics
FreeAgent
10.0
Accounts receivable
Clearwater Analytics
FreeAgent
10.0
Cash management
Clearwater Analytics
FreeAgent
10.0
Bank reconciliation
Clearwater Analytics
FreeAgent
10.0
Expense management
Clearwater Analytics
FreeAgent
10.0
Time tracking
Clearwater Analytics
FreeAgent
10.0
Fixed asset management
Clearwater Analytics
FreeAgent
8.6
Multi-currency support
Clearwater Analytics
FreeAgent
9.1
Multi-division support
Clearwater Analytics
FreeAgent
9.0
Regulations compliance
Clearwater Analytics
FreeAgent
8.7
Electronic tax filing
Clearwater Analytics
FreeAgent
9.0
Self-service portal
Clearwater Analytics
FreeAgent
9.0
Journals and Reconciliations
Clearwater Analytics
FreeAgent
8.0

Inventory Management

Clearwater Analytics
FreeAgent
7.4
Inventory tracking
Clearwater Analytics
FreeAgent
7.7
Automatic reordering
Clearwater Analytics
FreeAgent
8.2
Location management
Clearwater Analytics
FreeAgent
4.5
Manufacturing module
Clearwater Analytics
FreeAgent
9.1

Order Management

Clearwater Analytics
FreeAgent
8.1
Pricing
Clearwater Analytics
FreeAgent
8.1
Order entry
Clearwater Analytics
FreeAgent
6.8
Credit card processing
Clearwater Analytics
FreeAgent
8.2
Cost of goods sold
Clearwater Analytics
FreeAgent
9.1

Pros

Clearwater Analytics

No answers on this topic

FreeAgent

  • Accounting! As you'd expect. Makes it much simpler andmore cost effective. In-coming and out-goings are recorded and assigned to projects and accounts. My accountant can access my books and reconcile so much more easily than trawling through spreadsheets.
  • Time billing - time spent on projects/client work is recorded and is ready to be invoiced as required. Saves so much time and prevents inaccuracies.
  • Invoicing - again, it should do this well and it does. Non payment reminders are automatic and clients have no excuses for not knowing the status of their account.
  • Account dashboard - gives me an instant overview of the health of the business (am I on track to meet my yearly targets) and my accounts.
Eddie May | TrustRadius Reviewer

Cons

Clearwater Analytics

No answers on this topic

FreeAgent

  • Reporting on financials, time tracking and project status is a little poor. It's adequate for what what we need, but would be great to see more advanced features.
  • API is quite closed so cannot integrate with our other project management tools.
Anthony Stretten | TrustRadius Reviewer

Usability

Clearwater Analytics

No score
No answers yet
No answers on this topic

FreeAgent

FreeAgent 9.1
Based on 4 answers
I spent nearly two decades in IT and am happy to say that FreeAgent's user interface is one of the best interfaces I have ever used.
Edgar Danielyan | TrustRadius Reviewer

Reliability and Availability

Clearwater Analytics

No score
No answers yet
No answers on this topic

FreeAgent

FreeAgent 8.9
Based on 5 answers
Based in a cloud and never had any issues with down time. I can access from any device
Gavin Percy | TrustRadius Reviewer

Alternatives Considered

Clearwater Analytics

No answers on this topic

FreeAgent

I used Fresh Books for about three years prior to switching to FreeAgent. It was the accounting functionality that made the difference - in the past two years I've not regretted the switch. Fresh Books is good, but its the UK accounting features that make FreeAgent indispensable to my business.
Eddie May | TrustRadius Reviewer

Return on Investment

Clearwater Analytics

No answers on this topic

FreeAgent

  • Professional and uniform offering providing great confident customer service. My clients love it, whether they use it a little or a lot. It's a great piece of software - while sophisticated, it's straightforward to use.
  • Time saving and efficient use of my team's time. Being able to easily share and compare work / tasks.
Jason Dalton AICB CB.Cert PM.Dip | TrustRadius Reviewer

Pricing Details

Clearwater Analytics

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

FreeAgent

General

Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
No

Rating Summary

Likelihood to Recommend

Clearwater Analytics
8.0
FreeAgent
10.0

Usability

Clearwater Analytics
FreeAgent
9.1

Reliability and Availability

Clearwater Analytics
FreeAgent
8.9

Performance

Clearwater Analytics
FreeAgent
9.1

Scalability

Clearwater Analytics
FreeAgent
8.2

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