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
GoCo
Score 8.3 out of 10
N/A
GoCo is an HR platform designed for small and mid-sized businesses to simplify HR tasks and enhance productivity. GoCo empowers HR teams to streamline workflows and focus on building happier, more efficient teams.
N/A
Pricing
FreshBooks
GoCo
Editions & Modules
Lite
$21
per month
Plus
$38
per month
Premium
$65
per month
Select
Custom Pricing
No answers on this topic
Offerings
Pricing Offerings
FreshBooks
GoCo
Free Trial
Yes
Yes
Free/Freemium Version
Yes
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
10% discount for annual pricing.
We are an all-in-one solution, without being one-size fits all.
Improve your entire employee lifecycle with our comprehensive platform options. Whether you are upgrading from paper-based processes or looking for a more modern solution with better support — we have the package you need.
More Pricing Information
Community Pulse
FreshBooks
GoCo
Features
FreshBooks
GoCo
Customization
Comparison of Customization features of Product A and Product B
FreshBooks
9.1
35 Ratings
18% above category average
GoCo
-
Ratings
API for custom integration
9.330 Ratings
00 Ratings
Plug-ins
9.026 Ratings
00 Ratings
Security
Comparison of Security features of Product A and Product B
FreshBooks
10.0
41 Ratings
20% above category average
GoCo
-
Ratings
Single sign-on capability
10.01 Ratings
00 Ratings
Role-based user permissions
10.041 Ratings
00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
FreshBooks
7.5
57 Ratings
4% below category average
GoCo
-
Ratings
Dashboards
9.057 Ratings
00 Ratings
Standard reports
8.855 Ratings
00 Ratings
Custom reports
4.82 Ratings
00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
FreshBooks
7.5
56 Ratings
2% below category average
GoCo
-
Ratings
Accounts payable
8.041 Ratings
00 Ratings
Accounts receivable
9.455 Ratings
00 Ratings
Cash management
7.03 Ratings
00 Ratings
Bank reconciliation
7.02 Ratings
00 Ratings
Expense management
6.651 Ratings
00 Ratings
Time tracking
7.642 Ratings
00 Ratings
Multi-currency support
7.01 Ratings
00 Ratings
Regulations compliance
6.021 Ratings
00 Ratings
Self-service portal
9.13 Ratings
00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
FreshBooks
9.5
49 Ratings
25% above category average
GoCo
-
Ratings
Pricing
8.839 Ratings
00 Ratings
Order entry
9.337 Ratings
00 Ratings
Credit card processing
9.741 Ratings
00 Ratings
Cost of goods sold
10.01 Ratings
00 Ratings
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
FreshBooks
-
Ratings
GoCo
7.1
10 Ratings
14% below category average
Employee demographic data
00 Ratings
7.410 Ratings
Employment history
00 Ratings
7.910 Ratings
Job profiles and administration
00 Ratings
8.27 Ratings
Workflow for transfers, promotions, pay raises, etc.
00 Ratings
7.29 Ratings
Organizational charting
00 Ratings
7.49 Ratings
Organization and location management
00 Ratings
6.67 Ratings
Compliance data (COBRA, OSHA, etc.)
00 Ratings
4.96 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
FreshBooks
-
Ratings
GoCo
6.0
8 Ratings
31% below category average
Pay calculation
00 Ratings
6.64 Ratings
Support for external payroll vendors
00 Ratings
5.52 Ratings
Off-cycle/On-Demand payment
00 Ratings
6.33 Ratings
Benefit plan administration
00 Ratings
7.27 Ratings
Direct deposit files
00 Ratings
7.45 Ratings
Salary revision and increment management
00 Ratings
6.14 Ratings
Reimbursement management
00 Ratings
2.72 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
FreshBooks
-
Ratings
GoCo
6.4
4 Ratings
25% below category average
Approval workflow
00 Ratings
7.34 Ratings
Balance details
00 Ratings
6.83 Ratings
Annual carry-forward and encashment
00 Ratings
5.03 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
FreshBooks
-
Ratings
GoCo
7.7
10 Ratings
7% below category average
View and generate pay and benefit information
00 Ratings
8.18 Ratings
Update personal information
00 Ratings
8.210 Ratings
View company policy documentation
00 Ratings
8.28 Ratings
Employee recognition
00 Ratings
6.55 Ratings
View job history
00 Ratings
7.79 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
FreshBooks
-
Ratings
GoCo
7.0
1 Ratings
14% below category average
Tracking of all physical assets
00 Ratings
7.01 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
FreshBooks
-
Ratings
GoCo
5.7
8 Ratings
28% below category average
Report builder
00 Ratings
6.57 Ratings
Pre-built reports
00 Ratings
6.78 Ratings
Ability to combine HR data with external data
00 Ratings
4.05 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
FreshBooks
-
Ratings
GoCo
7.7
8 Ratings
4% below category average
New hire portal
00 Ratings
8.08 Ratings
Manager tracking tools
00 Ratings
7.38 Ratings
Performance and Goals
Comparison of Performance and Goals features of Product A and Product B
FreshBooks
-
Ratings
GoCo
3.8
3 Ratings
72% below category average
Corporate goal setting
00 Ratings
3.62 Ratings
Individual goal setting
00 Ratings
1.82 Ratings
Line-of sight-visibility
00 Ratings
3.61 Ratings
Performance tracking
00 Ratings
5.92 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
FreshBooks
-
Ratings
GoCo
5.0
2 Ratings
46% below category average
Performance plans
00 Ratings
5.52 Ratings
Performance improvement plans
00 Ratings
4.52 Ratings
Review status tracking
00 Ratings
5.51 Ratings
Review reminders
00 Ratings
4.51 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
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.
It's great for a small company who needs an easy way to save employee data. It's harder to use if you have complex needs or compliance. I often find I know more about HR-related things than our customer support representative, and they're unable to share how GoCo will comply with legal changes.
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.
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 are very pleased with the product and the support we receive when we have a question or a request. We have been assigned specific support members who know our business and our expectations. Our employees find the platform to be user-friendly and self-explanatory which reduces the number of questions that our HR team has to field.
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.
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.
GoCo was my first choice during the selection process. It was the most user friendly. It has the cleaned appearance. The staff was easy to communicate with. And as a small non-profit, the pricing was good.
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.