BILL Spend and Expense (formerly Divvy) is an all-in-one expense management solution that combines free software with corporate cards to provide you with real-time visibility and customizable control over your business finances.
$0
FreshBooks
Score 8.9 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
BILL Spend & Expense
FreshBooks
Editions & Modules
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$21
per month
Plus
$38
per month
Premium
$65
per month
Select
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Offerings
Pricing Offerings
BILL Spend & Expense
FreshBooks
Free Trial
Yes
Yes
Free/Freemium Version
Yes
Yes
Premium Consulting/Integration Services
Yes
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
BILL Spend & Expense is free for all users
10% discount for annual pricing.
More Pricing Information
Community Pulse
BILL Spend & Expense
FreshBooks
Features
BILL Spend & Expense
FreshBooks
Expense Management
Comparison of Expense Management features of Product A and Product B
BILL Spend & Expense
9.2
8 Ratings
11% above category average
FreshBooks
-
Ratings
Employee Expense Reporting
8.76 Ratings
00 Ratings
Corporate Card Reconciliation
9.67 Ratings
00 Ratings
Payment Management
Comparison of Payment Management features of Product A and Product B
BILL Spend & Expense
8.8
7 Ratings
10% above category average
FreshBooks
-
Ratings
Customizable Approval Policies
9.17 Ratings
00 Ratings
Financial Document Management
9.07 Ratings
00 Ratings
Payment Status Tracking
9.04 Ratings
00 Ratings
Payment Audit Trail
9.65 Ratings
00 Ratings
Duplicate Bill Detection
7.33 Ratings
00 Ratings
Advanced OCR
8.73 Ratings
00 Ratings
Electronic Funds Transfer
9.05 Ratings
00 Ratings
Customization
Comparison of Customization features of Product A and Product B
BILL Spend & Expense
-
Ratings
FreshBooks
9.1
35 Ratings
18% above category average
API for custom integration
00 Ratings
9.330 Ratings
Plug-ins
00 Ratings
9.026 Ratings
Security
Comparison of Security features of Product A and Product B
BILL Spend & Expense
-
Ratings
FreshBooks
10.0
41 Ratings
20% above category average
Single sign-on capability
00 Ratings
10.01 Ratings
Role-based user permissions
00 Ratings
10.041 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
BILL Spend & Expense
-
Ratings
FreshBooks
7.5
57 Ratings
4% below category average
Dashboards
00 Ratings
9.057 Ratings
Standard reports
00 Ratings
8.855 Ratings
Custom reports
00 Ratings
4.82 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
BILL Spend & Expense
-
Ratings
FreshBooks
7.5
56 Ratings
1% below category average
Accounts payable
00 Ratings
8.041 Ratings
Accounts receivable
00 Ratings
9.455 Ratings
Cash management
00 Ratings
7.03 Ratings
Bank reconciliation
00 Ratings
7.02 Ratings
Expense management
00 Ratings
6.651 Ratings
Time tracking
00 Ratings
7.642 Ratings
Multi-currency support
00 Ratings
7.01 Ratings
Regulations compliance
00 Ratings
6.021 Ratings
Self-service portal
00 Ratings
9.13 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
There is a lot of functionality available for any company, and when you combine it with their A/P processing software, I'm sure the value of the software only increases. If you don't look back through your credit card receipts often, or don't have a lot of volume, the receipts not uploading into the accounting software isn't as much of an issue. For us, with roughly $200k of credit card spending each month, it became an issue. The rewards program was hard for us to take advantage of also, mostly because of our spending being spread across multiple companies. Even though we had everything set up together as one business, they still recognized each one as it's own, with it's own rewards requirements. I wouldn't deter anyone from going with Bill Spend & Expense, it's a solid program with a lot of capability, there are just a few small items that mattered to us more than the capabilities we take advantage of.
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.
I wish there were more options in the BILL reimbursement platform - for example, the ability to do a report instead of submit a single expense.
We would love for reimbursements to feed into QuickBooks differently, but we understand that this is an early feature and hope it is further developed in the future.
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.
The Divvy card provides convenience and flexibility for Finance to manage and monitor each user's transactions at any time. User can issue many virtual cards for different purposes. Transactions can be easily approved. Since we can monitor transaction closely, fraud can be prevented effectively. Mobile app is user friendly and safe.
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 have enjoyed using Divvy and its functions. The Divvy team has been great, and their support team is outstanding. They have a chatbox on the platform, and they only seem to be someone on call. I have found its benefits to be outstanding, that I recommend it to my clients. I also feel that Divvy rolling out new features only makes it more compelling to stay on as a user.
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.
Nothing out there compares to the agility and ease of use of Divvy. Adoption by those most resistant to any expense reporting tool has always been the #1 painpoint to all other such software. Divvy takes the pain away even for creatives and salespeople!
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.