FreeAgent vs. Xactly Commission Expense Accounting

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
FreeAgent
Score 8.4 out of 10
N/A
FreeAgent is an cloud-based accounting system designed for small businesses and freelancers. FreeAgent supports many core accounting features and bank reconciliation, payroll, tax management, project level accounting, and multiple currency support. It is mobile-accessible, and integrates with many apps.N/A
Xactly Commission Expense Accounting
Score 7.6 out of 10
N/A
Xactly Commission Expense Accounting™ (CEA) delivers a commission expense management solution—with full capitalization and amortization capabilities—that lets companies monitor performance obligations and ensure compliance with ASC 606 and IFRS 15 standards. Their Intelligent Revenue Platform enables Xactly to align planning, performance, and prediction functions into one platform.N/A
Pricing
FreeAgentXactly Commission Expense Accounting
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
FreeAgentXactly Commission Expense Accounting
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsContact Xactly for a demo and pricing.
More Pricing Information
Community Pulse
FreeAgentXactly Commission Expense Accounting
Top Pros
Top Cons
Features
FreeAgentXactly Commission Expense Accounting
Payroll Management
Comparison of Payroll Management features of Product A and Product B
FreeAgent
8.6
13 Ratings
17% above category average
Xactly Commission Expense Accounting
-
Ratings
Pay calculation8.012 Ratings00 Ratings
Benefit plan administration8.56 Ratings00 Ratings
Direct deposit files8.92 Ratings00 Ratings
Salary revision and increment management8.86 Ratings00 Ratings
Reimbursement management8.78 Ratings00 Ratings
Customization
Comparison of Customization features of Product A and Product B
FreeAgent
6.3
12 Ratings
9% below category average
Xactly Commission Expense Accounting
-
Ratings
API for custom integration4.59 Ratings00 Ratings
Plug-ins8.011 Ratings00 Ratings
Security
Comparison of Security features of Product A and Product B
FreeAgent
8.5
14 Ratings
7% above category average
Xactly Commission Expense Accounting
7.3
1 Ratings
8% below category average
Single sign-on capability9.013 Ratings7.31 Ratings
Role-based user permissions8.013 Ratings7.31 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
FreeAgent
7.5
21 Ratings
0% below category average
Xactly Commission Expense Accounting
6.4
2 Ratings
16% below category average
Dashboards9.019 Ratings1.81 Ratings
Standard reports9.019 Ratings8.72 Ratings
Custom reports4.410 Ratings8.72 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
FreeAgent
8.8
23 Ratings
19% above category average
Xactly Commission Expense Accounting
4.7
2 Ratings
43% below category average
Accounts payable8.018 Ratings00 Ratings
Accounts receivable8.020 Ratings00 Ratings
Cash management9.018 Ratings00 Ratings
Bank reconciliation9.019 Ratings00 Ratings
Expense management8.022 Ratings00 Ratings
Time tracking9.017 Ratings00 Ratings
Fixed asset management8.611 Ratings00 Ratings
Multi-currency support10.08 Ratings6.41 Ratings
Multi-division support9.05 Ratings6.41 Ratings
Regulations compliance8.78 Ratings00 Ratings
Electronic tax filing10.019 Ratings00 Ratings
Self-service portal9.011 Ratings00 Ratings
Journals and Reconciliations8.01 Ratings9.82 Ratings
Configurable Accounting00 Ratings1.81 Ratings
Centralized Rules Framework00 Ratings1.81 Ratings
Standardized Processes00 Ratings1.81 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
FreeAgent
7.4
4 Ratings
9% above category average
Xactly Commission Expense Accounting
-
Ratings
Inventory tracking7.72 Ratings00 Ratings
Automatic reordering8.21 Ratings00 Ratings
Location management4.51 Ratings00 Ratings
Manufacturing module9.11 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
FreeAgent
8.0
13 Ratings
10% above category average
Xactly Commission Expense Accounting
-
Ratings
Pricing8.19 Ratings00 Ratings
Order entry6.82 Ratings00 Ratings
Credit card processing8.25 Ratings00 Ratings
Cost of goods sold9.13 Ratings00 Ratings
Best Alternatives
FreeAgentXactly Commission Expense Accounting
Small Businesses
QuickBooks Self-Employed
QuickBooks Self-Employed
Score 9.4 out of 10
QuickBooks Self-Employed
QuickBooks Self-Employed
Score 9.4 out of 10
Medium-sized Companies
Accounting Seed
Accounting Seed
Score 8.4 out of 10
Accounting Seed
Accounting Seed
Score 8.4 out of 10
Enterprises
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 7.8 out of 10
Oracle Fusion Cloud ERP
Oracle Fusion Cloud ERP
Score 7.8 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
FreeAgentXactly Commission Expense Accounting
Likelihood to Recommend
9.0
(23 ratings)
8.0
(3 ratings)
Usability
9.1
(4 ratings)
-
(0 ratings)
Availability
8.9
(5 ratings)
-
(0 ratings)
Performance
9.1
(1 ratings)
-
(0 ratings)
Implementation Rating
-
(0 ratings)
9.8
(2 ratings)
Product Scalability
8.2
(1 ratings)
-
(0 ratings)
User Testimonials
FreeAgentXactly Commission Expense Accounting
Likelihood to Recommend
FreeAgent
For micro and small business it is a great solution. The new requirements for MTD for landlords could also be met with this software. Groups and more complex businesses could not use the accounts and tax returns features, however they still could use it for bookkeeping and then export the data to other tax and accounts production software.
Read full review
Xactly Corp
CEA is well suited for small and rapidly growing companies where manually calculating commissions expense for ASC606 is not an option due to a lack of internal resources. CEA is less appropriate for larger companies that have the resources and likely a person, or people, who only focus on commissions.
Read full review
Pros
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.
Read full review
Xactly Corp
  • Amortization waterfalls
  • Locked periods & PPA adjustments
  • Journal entries
Read full review
Cons
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.
Read full review
Xactly Corp
  • Dashboard is on a different page
  • Needing to rerun reports
  • Not being able to download reports and edit them
Read full review
Usability
FreeAgent
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.
Read full review
Xactly Corp
No answers on this topic
Reliability and Availability
FreeAgent
Based in a cloud and never had any issues with down time. I can access from any device
Read full review
Xactly Corp
No answers on this topic
Implementation Rating
FreeAgent
No answers on this topic
Xactly Corp
Go into implementation knowing how you will handle churn, if there are claw backs, treatment for every type of commission payment (i.e. new business, renewals, etc.) and know your average customer life. You'll also want details by customer for as far back as you can go (within reason).
Read full review
Alternatives Considered
FreeAgent
I have used and tested out many other systems. I was looking at Xero for my accounting system but at the time I chose FreeAgent because of the way it handles the recording of dividends and the inbuilt time recording. The others I trialed were good and many of them cheaper. FreeAgent best suited my requirements at the time.
Read full review
Xactly Corp
We selected Xactly CEA for ASC 606.
Read full review
Return on Investment
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.
Read full review
Xactly Corp
  • Efficiency
  • Centralized
  • Accurate
Read full review
ScreenShots

Xactly Commission Expense Accounting Screenshots

Screenshot of Commission Expense Accounting Reports HomeScreenshot of Commission Expense Accounting Portfolio SummaryScreenshot of Commission Expense Accounting Journal EntriesScreenshot of Commission Expense Accounting Amortization Schedule