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
Sage 500
Score 7.7 out of 10
N/A
Sage 500 ERP includes accounting and finance, distribution and supply chain, and manufacturing operations support modules. The latest Sage 500 release includes accounts payable enhancements, credit card processing, and general updates, as well as updates to the solution's modules.
N/A
Pricing
FreshBooks
Sage 500 ERP
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
Sage 500
Free Trial
Yes
No
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.
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More Pricing Information
Community Pulse
FreshBooks
Sage 500 ERP
Features
FreshBooks
Sage 500 ERP
Customization
Comparison of Customization features of Product A and Product B
FreshBooks
9.1
35 Ratings
16% above category average
Sage 500 ERP
8.5
3 Ratings
13% above category average
API for custom integration
9.330 Ratings
9.03 Ratings
Plug-ins
8.926 Ratings
8.03 Ratings
Security
Comparison of Security features of Product A and Product B
FreshBooks
10.0
41 Ratings
20% above category average
Sage 500 ERP
8.5
3 Ratings
2% above category average
Single sign-on capability
10.01 Ratings
7.03 Ratings
Role-based user permissions
9.941 Ratings
10.03 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
FreshBooks
7.5
57 Ratings
4% below category average
Sage 500 ERP
8.0
3 Ratings
9% above category average
Dashboards
8.957 Ratings
6.03 Ratings
Standard reports
8.755 Ratings
8.03 Ratings
Custom reports
4.82 Ratings
10.03 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
Sage 500 ERP
8.0
3 Ratings
4% above category average
Accounts payable
8.041 Ratings
10.03 Ratings
Accounts receivable
9.455 Ratings
10.03 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
Global Financial Support
00 Ratings
10.02 Ratings
Primary and Secondary Ledgers
00 Ratings
8.01 Ratings
Journals and Reconciliations
00 Ratings
10.02 Ratings
Configurable Accounting
00 Ratings
10.02 Ratings
Standardized Processes
00 Ratings
10.02 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
FreshBooks
9.4
49 Ratings
21% above category average
Sage 500 ERP
8.8
2 Ratings
12% above category average
Pricing
8.839 Ratings
8.02 Ratings
Order entry
9.337 Ratings
9.02 Ratings
Credit card processing
9.641 Ratings
9.02 Ratings
Cost of goods sold
10.01 Ratings
10.02 Ratings
Order Orchestration
00 Ratings
8.01 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
FreshBooks
-
Ratings
Sage 500 ERP
7.0
2 Ratings
5% below category average
Pay calculation
00 Ratings
9.01 Ratings
Benefit plan administration
00 Ratings
6.01 Ratings
Direct deposit files
00 Ratings
7.02 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
FreshBooks
-
Ratings
Sage 500 ERP
8.0
3 Ratings
1% above category average
Inventory tracking
00 Ratings
6.03 Ratings
Automatic reordering
00 Ratings
10.03 Ratings
Location management
00 Ratings
10.03 Ratings
Subledger and Financial Process
Comparison of Subledger and Financial Process features of Product A and Product B
FreshBooks
-
Ratings
Sage 500 ERP
5.9
2 Ratings
23% below category average
Billing Management
00 Ratings
10.02 Ratings
Cash and Asset Management
00 Ratings
8.02 Ratings
Travel & Expense Management
00 Ratings
8.01 Ratings
Budgetary Control & Encumbrance Accounting
00 Ratings
2.01 Ratings
Period Close
00 Ratings
8.02 Ratings
Project Financial Management
Comparison of Project Financial Management features of Product A and Product B
FreshBooks
-
Ratings
Sage 500 ERP
6.9
1 Ratings
9% below category average
Budgeting and Forecasting
00 Ratings
1.01 Ratings
Project Costing
00 Ratings
3.01 Ratings
Cost Capture
00 Ratings
8.01 Ratings
Capital Project Management
00 Ratings
9.01 Ratings
Customer Contract Compliance
00 Ratings
9.01 Ratings
Project Revenue Recognition
00 Ratings
9.01 Ratings
Project Execution Management
Comparison of Project Execution Management features of Product A and Product B
FreshBooks
-
Ratings
Sage 500 ERP
4.5
1 Ratings
43% below category average
Task Insight for Project Managers
00 Ratings
7.01 Ratings
Project Mobile Functionality
00 Ratings
5.01 Ratings
Grants Management
Comparison of Grants Management features of Product A and Product B
FreshBooks
-
Ratings
Sage 500 ERP
7.5
1 Ratings
2% above category average
Award Lifecycle Management
00 Ratings
6.01 Ratings
Procurement
Comparison of Procurement features of Product A and Product B
FreshBooks
-
Ratings
Sage 500 ERP
6.0
1 Ratings
15% below category average
Contract Authoring
00 Ratings
8.01 Ratings
Contract Repository
00 Ratings
10.01 Ratings
Requisitions-to-Purchase Orders Integrated
00 Ratings
8.01 Ratings
Supplier Management
00 Ratings
4.01 Ratings
Risk Management
Comparison of Risk Management features of Product A and Product B
FreshBooks
-
Ratings
Sage 500 ERP
4.3
1 Ratings
42% below category average
Risk Repository
00 Ratings
3.01 Ratings
Control Management
00 Ratings
7.01 Ratings
Control Efficiency Assessments
00 Ratings
4.01 Ratings
Remediation and Certification
00 Ratings
3.01 Ratings
Supply Chain
Comparison of Supply Chain features of Product A and Product B
FreshBooks
-
Ratings
Sage 500 ERP
1.3
1 Ratings
139% below category average
Forecasting
00 Ratings
1.01 Ratings
Inventory Planning
00 Ratings
2.01 Ratings
Performance Monitoring
00 Ratings
1.01 Ratings
Product Lifecycle Management
Comparison of Product Lifecycle Management 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.
Sage 500 ERP is great for companies with core accounting needs, distributors, and discrete manufacturers. Some areas, such as process manufacturing, would require a companion product from an ISV for the software to be truly functional. Some areas, such as construction or retail apparel, may simply not be well-served.
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.
Sage is the one-stop-shop for all of our needs. We're able to control contracts, subcontracts, and field reports from the program.
Another strength is the ability to database all the information and export it to excel. This makes data-based investigations a breeze.
The ability for Timberscan to be imported to Sage is a huge help with invoice management. Prior to this it all had to be done manually and slowed the process to an essential halt as there are thousands of invoices per month.
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.
I have been using Intacct for almost 10 years in 2 different companies and I just simply love it. I tried SAP (GUI) and Netsuite and they dont come close to what Ive seen.
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.
Keep your database and application in different servers. Install Microsoft Office on your application server so you can use some of the data analysis tools in Sage.
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.
500 seems much smoother at handling some of the basic accounting tasks, for example both issuing and later reconciling checks in Dynamics AX seems a little tedious.
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.
Positive: The program allows for a lot of data entry and splitting of information. It has the capability of replacing multiple programs and therefore saving cost.
Negative: The modules are cumbersome and not user friendly at all. As a result not many user are comfortable using it. This means that the program is not being used to its capacity.
Negative: Although the program has the capacity to be great, the user interface destroys that potential. Sage needs to seriously work on their program to simplify it. It's as if it still uses Command-line entries from 1995. Needs to be updated ASAP.