Prologue Financials from Fiserv, a fully integrated accounting solution, features enhanced, built-in automation and controls and a newly designed user interface, enabling users to increase the efficiency of financial accounting processes.
N/A
FreshBooks
Score 8.3 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
Fiserv Prologue Financials
FreshBooks
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$21
per month
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$38
per month
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$65
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Pricing Offerings
Prologue Financials
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
—
10% discount for annual pricing.
More Pricing Information
Community Pulse
Fiserv Prologue Financials
FreshBooks
Features
Fiserv Prologue Financials
FreshBooks
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Fiserv Prologue Financials
9.0
1 Ratings
18% above category average
FreshBooks
-
Ratings
Pay calculation
9.01 Ratings
00 Ratings
Benefit plan administration
9.01 Ratings
00 Ratings
Direct deposit files
9.01 Ratings
00 Ratings
Salary revision and increment management
9.01 Ratings
00 Ratings
Reimbursement management
9.01 Ratings
00 Ratings
Customization
Comparison of Customization features of Product A and Product B
Fiserv Prologue Financials
9.0
1 Ratings
15% above category average
FreshBooks
8.9
35 Ratings
14% above category average
API for custom integration
9.01 Ratings
9.130 Ratings
Plug-ins
9.01 Ratings
8.826 Ratings
Security
Comparison of Security features of Product A and Product B
Fiserv Prologue Financials
9.0
1 Ratings
9% above category average
FreshBooks
9.9
41 Ratings
19% above category average
Single sign-on capability
9.01 Ratings
10.01 Ratings
Role-based user permissions
9.01 Ratings
9.841 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Fiserv Prologue Financials
9.0
1 Ratings
14% above category average
FreshBooks
7.4
57 Ratings
5% below category average
Dashboards
9.01 Ratings
8.857 Ratings
Standard reports
9.01 Ratings
8.655 Ratings
Custom reports
9.01 Ratings
4.82 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
Fiserv Prologue Financials
9.0
1 Ratings
17% above category average
FreshBooks
7.5
56 Ratings
1% below category average
Accounts payable
9.01 Ratings
7.941 Ratings
Accounts receivable
9.01 Ratings
9.355 Ratings
Cash management
9.01 Ratings
7.03 Ratings
Bank reconciliation
9.01 Ratings
7.02 Ratings
Expense management
9.01 Ratings
6.551 Ratings
Time tracking
9.01 Ratings
7.542 Ratings
Fixed asset management
9.01 Ratings
00 Ratings
Multi-currency support
9.01 Ratings
7.01 Ratings
Multi-division support
9.01 Ratings
00 Ratings
Regulations compliance
9.01 Ratings
5.921 Ratings
Electronic tax filing
9.01 Ratings
00 Ratings
Self-service portal
9.01 Ratings
9.13 Ratings
Global Financial Support
9.01 Ratings
00 Ratings
Primary and Secondary Ledgers
9.01 Ratings
00 Ratings
Intercompany Accounting
9.01 Ratings
00 Ratings
Localizations
9.01 Ratings
00 Ratings
Journals and Reconciliations
9.01 Ratings
00 Ratings
Enterprise Accounting
9.01 Ratings
00 Ratings
Configurable Accounting
9.01 Ratings
00 Ratings
Centralized Rules Framework
9.01 Ratings
00 Ratings
Standardized Processes
9.01 Ratings
00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
Fiserv Prologue Financials
9.0
1 Ratings
18% above category average
FreshBooks
-
Ratings
Inventory tracking
9.01 Ratings
00 Ratings
Automatic reordering
9.01 Ratings
00 Ratings
Location management
9.01 Ratings
00 Ratings
Manufacturing module
9.01 Ratings
00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
Fiserv Prologue Financials will automate and help streamline your accounting processes and increases your data accuracy and create efficiencies that enables time and resources to be directed to strategic and profitable activities. Instant correction to errors and automatic journal entry reversal are very effective and excellent detailed audit trail allowing easy tracking and monitoring.
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 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.
Powerful tool that helps us to automate and to streamline our accounting processes and helps to deliver reliable and accurate accessible information that is crucial to the performance of our organization. Its easy to customize and to create financial reports of any kind from the GL and its ability to manipulate data through the system is amazing.
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.
It provides us with a fully integrated accounting management solution with effective account payables and investment portfolio accounting. It helps us to automate and to streamline our accounting processes and it allows us to create custom financial reports easily enabling faster reports with accurate financial accounting data.
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.
Fiserv Prologue Financials is easily available and deployed in Mac and Windows and allows our financial controllers to create simple custom reports that enable them to report faster with accurate financial data. Great product that provides us with excellent cash management and payment management processes.
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.