FreshBooks vs. GoCo

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
FreshBooks
Score 9.2 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
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
FreshBooksGoCo
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
FreshBooksGoCo
Free Trial
YesYes
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details10% 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
FreshBooksGoCo
Features
FreshBooksGoCo
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 integration9.330 Ratings00 Ratings
Plug-ins9.026 Ratings00 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 capability10.01 Ratings00 Ratings
Role-based user permissions10.041 Ratings00 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
Dashboards9.057 Ratings00 Ratings
Standard reports8.855 Ratings00 Ratings
Custom reports4.82 Ratings00 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 payable8.041 Ratings00 Ratings
Accounts receivable9.455 Ratings00 Ratings
Cash management7.03 Ratings00 Ratings
Bank reconciliation7.02 Ratings00 Ratings
Expense management6.651 Ratings00 Ratings
Time tracking7.642 Ratings00 Ratings
Multi-currency support7.01 Ratings00 Ratings
Regulations compliance6.021 Ratings00 Ratings
Self-service portal9.13 Ratings00 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
Pricing8.839 Ratings00 Ratings
Order entry9.337 Ratings00 Ratings
Credit card processing9.741 Ratings00 Ratings
Cost of goods sold10.01 Ratings00 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 data00 Ratings7.410 Ratings
Employment history00 Ratings7.910 Ratings
Job profiles and administration00 Ratings8.27 Ratings
Workflow for transfers, promotions, pay raises, etc.00 Ratings7.29 Ratings
Organizational charting00 Ratings7.49 Ratings
Organization and location management00 Ratings6.67 Ratings
Compliance data (COBRA, OSHA, etc.)00 Ratings4.96 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 calculation00 Ratings6.64 Ratings
Support for external payroll vendors00 Ratings5.52 Ratings
Off-cycle/On-Demand payment00 Ratings6.33 Ratings
Benefit plan administration00 Ratings7.27 Ratings
Direct deposit files00 Ratings7.45 Ratings
Salary revision and increment management00 Ratings6.14 Ratings
Reimbursement management00 Ratings2.72 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 workflow00 Ratings7.34 Ratings
Balance details00 Ratings6.83 Ratings
Annual carry-forward and encashment00 Ratings5.03 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 information00 Ratings8.18 Ratings
Update personal information00 Ratings8.210 Ratings
View company policy documentation00 Ratings8.28 Ratings
Employee recognition00 Ratings6.55 Ratings
View job history00 Ratings7.79 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 assets00 Ratings7.01 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 builder00 Ratings6.57 Ratings
Pre-built reports00 Ratings6.78 Ratings
Ability to combine HR data with external data00 Ratings4.05 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 portal00 Ratings8.08 Ratings
Manager tracking tools00 Ratings7.38 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 setting00 Ratings3.62 Ratings
Individual goal setting00 Ratings1.82 Ratings
Line-of sight-visibility00 Ratings3.61 Ratings
Performance tracking00 Ratings5.92 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 plans00 Ratings5.52 Ratings
Performance improvement plans00 Ratings4.52 Ratings
Review status tracking00 Ratings5.51 Ratings
Review reminders00 Ratings4.51 Ratings
Recruiting / ATS
Comparison of Recruiting / ATS features of Product A and Product B
FreshBooks
-
Ratings
GoCo
4.5
1 Ratings
55% below category average
Job Requisition Management00 Ratings4.51 Ratings
Company Website Posting00 Ratings4.51 Ratings
Publish to Social Media00 Ratings4.51 Ratings
Job Search Site Posting00 Ratings4.51 Ratings
Best Alternatives
FreshBooksGoCo
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 4.4 out of 10
Dayforce Powerpay
Dayforce Powerpay
Score 9.2 out of 10
Medium-sized Companies
Intuit Enterprise Suite
Intuit Enterprise Suite
Score 9.1 out of 10
Paypro Workforce Management
Paypro Workforce Management
Score 9.1 out of 10
Enterprises
SAP Cloud ERP (SAP S/4HANA Cloud)
SAP Cloud ERP (SAP S/4HANA Cloud)
Score 8.6 out of 10
PeopleStrong
PeopleStrong
Score 10.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
FreshBooksGoCo
Likelihood to Recommend
7.7
(75 ratings)
7.8
(10 ratings)
Likelihood to Renew
7.6
(18 ratings)
-
(0 ratings)
Usability
9.6
(20 ratings)
8.0
(8 ratings)
Availability
10.0
(2 ratings)
-
(0 ratings)
Performance
8.0
(1 ratings)
-
(0 ratings)
Support Rating
6.0
(11 ratings)
9.0
(1 ratings)
Implementation Rating
10.0
(1 ratings)
-
(0 ratings)
User Testimonials
FreshBooksGoCo
Likelihood to Recommend
FreshBooks
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.
Read full review
GoCo.io. Inc.
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.
Read full review
Pros
FreshBooks
  • 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.
Read full review
GoCo.io. Inc.
  • Support staff is ready to respond with any questions I have.
  • Communication about new offerings and ways to make things easier is great.
  • Site is very user friendly and easy to find what I'm/staff is looking for.
Read full review
Cons
FreshBooks
  • 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.
Read full review
GoCo.io. Inc.
  • Handling exceptions for staff PTO requests for employees in their 90 day probationary period
  • Ease of managing different hourly work week exceptions
Read full review
Likelihood to Renew
FreshBooks
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.
Read full review
GoCo.io. Inc.
No answers on this topic
Usability
FreshBooks
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.
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GoCo.io. Inc.
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.
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Reliability and Availability
FreshBooks
FreshBooks is easy to use and always works!
Read full review
GoCo.io. Inc.
No answers on this topic
Support Rating
FreshBooks
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.
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GoCo.io. Inc.
GoCo has done a great job of being responsive to us in working through issues in the system.
Read full review
Implementation Rating
FreshBooks
I haven't changed my mind since my first evaluation. Freshbooks is still meeting my needs, easy to use, etc.
Read full review
GoCo.io. Inc.
No answers on this topic
Alternatives Considered
FreshBooks
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.
Read full review
GoCo.io. Inc.
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.
Read full review
Return on Investment
FreshBooks
  • 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.
Read full review
GoCo.io. Inc.
  • We save so much time when onboarding new employees
  • We look much more organized and professional in the new hire process (because we are, thanks to GoCo)
Read full review
ScreenShots

FreshBooks Screenshots

Screenshot of the dashboardScreenshot of an invoice overviewScreenshot of an example of a customizable invoiceScreenshot of an invoice appearing across devicesScreenshot of expensesScreenshot of time tracking