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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    FreshBooks

    Score9.2 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

    Timelabs

    Score8.2 out of 10
    Mid-Size Companies (51-1,000 employees)
    Timelabs is a pro-domain HRMS solution that comes with system modules and advanced features helping businesses to manage, track, assess, and enable people to perform within an end-to-end HR management system. Timelabs offers a service automation framework for organizations to enable and implement advanced HR process workflows that collaborate with different departmental actions and resources to deliver greater workforce automation value. It aims to offer organizations a system that…N/A
    Pricing
    FreshBooksTimelabs
    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
    FreshBooksTimelabs
    Free Trial
    YesYes
    Free/Freemium Version
    YesNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeOptional
    Additional Details10% discount for annual pricing.—
    More Pricing Information
    Community Pulse
    FreshBooksTimelabs
    Considered Both Products
    FreshBooks
    No answer on this topic
    Timelabs
    No answer on this topic
    Key User Insights
    Would buy again
    69%
    Would buy again
    9 Answers
    No answers on this topic
    Delivers good value for the price
    82%
    Delivers good value for the price
    9 Answers
    No answers on this topic
    Happy with the feature set
    54%
    Happy with the feature set
    7 Answers
    No answers on this topic
    Lived up to sales and marketing promises
    64%
    Lived up to sales and marketing promises
    7 Answers
    No answers on this topic
    Implementation went as expected
    62%
    Implementation went as expected
    8 Answers
    No answers on this topic
    Features
    FreshBooksTimelabs
    Customization
    Comparison of Customization features of FreshBooks and Timelabs
    Feature
    FreshBooks
    9.1
    35 Ratings
    18% above category average
    Timelabs
    -
    Ratings
    API for custom integration9.330 Ratings00 Ratings
    Plug-ins9.026 Ratings00 Ratings
    Security
    Comparison of Security features of FreshBooks and Timelabs
    Feature
    FreshBooks
    10.0
    41 Ratings
    20% above category average
    Timelabs
    -
    Ratings
    Single sign-on capability10.01 Ratings00 Ratings
    Role-based user permissions10.041 Ratings00 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of FreshBooks and Timelabs
    Feature
    FreshBooks
    7.5
    57 Ratings
    4% below category average
    Timelabs
    -
    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 FreshBooks and Timelabs
    Feature
    FreshBooks
    7.5
    56 Ratings
    2% below category average
    Timelabs
    -
    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 FreshBooks and Timelabs
    Feature
    FreshBooks
    9.5
    49 Ratings
    25% above category average
    Timelabs
    -
    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 FreshBooks and Timelabs
    Feature
    FreshBooks
    -
    Ratings
    Timelabs
    8.1
    1 Ratings
    1% below category average
    Employee demographic data00 Ratings8.21 Ratings
    Employment history00 Ratings8.21 Ratings
    Job profiles and administration00 Ratings9.11 Ratings
    Workflow for transfers, promotions, pay raises, etc.00 Ratings6.41 Ratings
    Organizational charting00 Ratings8.21 Ratings
    Organization and location management00 Ratings9.11 Ratings
    Compliance data (COBRA, OSHA, etc.)00 Ratings7.31 Ratings
    Payroll Management
    Comparison of Payroll Management features of FreshBooks and Timelabs
    Feature
    FreshBooks
    -
    Ratings
    Timelabs
    8.5
    1 Ratings
    4% above category average
    Pay calculation00 Ratings9.11 Ratings
    Support for external payroll vendors00 Ratings8.21 Ratings
    Off-cycle/On-Demand payment00 Ratings7.31 Ratings
    Benefit plan administration00 Ratings9.11 Ratings
    Salary revision and increment management00 Ratings9.11 Ratings
    Reimbursement management00 Ratings8.21 Ratings
    Leave and Attendance Management
    Comparison of Leave and Attendance Management features of FreshBooks and Timelabs
    Feature
    FreshBooks
    -
    Ratings
    Timelabs
    8.2
    1 Ratings
    0% below category average
    Approval workflow00 Ratings8.21 Ratings
    Balance details00 Ratings8.21 Ratings
    Annual carry-forward and encashment00 Ratings8.21 Ratings
    Employee Self Service
    Comparison of Employee Self Service features of FreshBooks and Timelabs
    Feature
    FreshBooks
    -
    Ratings
    Timelabs
    8.9
    1 Ratings
    8% above category average
    View and generate pay and benefit information00 Ratings9.11 Ratings
    Update personal information00 Ratings9.11 Ratings
    View company policy documentation00 Ratings9.11 Ratings
    Employee recognition00 Ratings8.21 Ratings
    View job history00 Ratings9.11 Ratings
    HR Reporting
    Comparison of HR Reporting features of FreshBooks and Timelabs
    Feature
    FreshBooks
    -
    Ratings
    Timelabs
    8.5
    1 Ratings
    11% above category average
    Report builder00 Ratings9.11 Ratings
    Pre-built reports00 Ratings8.21 Ratings
    Ability to combine HR data with external data00 Ratings8.21 Ratings
    Onboarding
    Comparison of Onboarding features of FreshBooks and Timelabs
    Feature
    FreshBooks
    -
    Ratings
    Timelabs
    7.3
    1 Ratings
    10% below category average
    New hire portal00 Ratings7.31 Ratings
    Manager tracking tools00 Ratings7.31 Ratings
    Performance and Goals
    Comparison of Performance and Goals features of FreshBooks and Timelabs
    Feature
    FreshBooks
    -
    Ratings
    Timelabs
    8.5
    1 Ratings
    5% above category average
    Corporate goal setting00 Ratings8.21 Ratings
    Individual goal setting00 Ratings8.21 Ratings
    Performance tracking00 Ratings9.11 Ratings
    Performance Management
    Comparison of Performance Management features of FreshBooks and Timelabs
    Feature
    FreshBooks
    -
    Ratings
    Timelabs
    8.2
    1 Ratings
    3% above category average
    Performance plans00 Ratings8.21 Ratings
    Performance improvement plans00 Ratings8.21 Ratings
    Review status tracking00 Ratings8.21 Ratings
    Review reminders00 Ratings8.21 Ratings
    Multiple review frequency00 Ratings8.21 Ratings
    Succession Planning
    Comparison of Succession Planning features of FreshBooks and Timelabs
    Feature
    FreshBooks
    -
    Ratings
    Timelabs
    7.7
    1 Ratings
    2% below category average
    Create succession plans/pools00 Ratings7.31 Ratings
    Candidate ranking00 Ratings8.21 Ratings
    Candidate search00 Ratings8.21 Ratings
    Candidate development00 Ratings7.31 Ratings
    Recruiting / ATS
    Comparison of Recruiting / ATS features of FreshBooks and Timelabs
    Feature
    FreshBooks
    -
    Ratings
    Timelabs
    9.1
    1 Ratings
    14% above category average
    Job Requisition Management00 Ratings9.11 Ratings
    Applicant Tracking00 Ratings9.11 Ratings
    Notifications and Alerts00 Ratings9.11 Ratings
    Best Alternatives
    FreshBooksTimelabs
    Small Businesses
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    UZIO
    Score9.4 out of 10
    Medium-sized Companies
    MYOB
    Score8.3 out of 10
    Zoho People
    Score8.6 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score5.4 out of 10
    PeopleStrong
    Score10 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    FreshBooksTimelabs
    Likelihood to Recommend
    7.6
    (75 ratings)
    8.2
    (1 ratings)
    Likelihood to Renew
    7.6
    (18 ratings)
    -
    (0 ratings)
    Usability
    9.6
    (20 ratings)
    -
    (0 ratings)
    Availability
    10.0
    (2 ratings)
    -
    (0 ratings)
    Performance
    8.0
    (1 ratings)
    -
    (0 ratings)
    Support Rating
    6.0
    (11 ratings)
    -
    (0 ratings)
    Implementation Rating
    10.0
    (1 ratings)
    -
    (0 ratings)
    CPA Rating
    7.0
    (1 ratings)
    -
    (0 ratings)
    User Testimonials
    FreshBooksTimelabs
    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.
    Incentivized
    Read full review
    Timelabs
    It's best suited for an organization where you have over 20 employees. Not for a company that has a lower count.
    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.
    Incentivized
    Read full review
    Timelabs
    No answers on this topic
    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
    Timelabs
    No answers on this topic
    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
    Timelabs
    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.
    Incentivized
    Read full review
    Timelabs
    No answers on this topic
    Reliability and Availability
    FreshBooks
    FreshBooks is easy to use and always works!
    Incentivized
    Read full review
    Timelabs
    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.
    Incentivized
    Read full review
    Timelabs
    No answers on this topic
    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
    Timelabs
    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.
    Incentivized
    Read full review
    Timelabs
    No answers on this topic
    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.
    Incentivized
    Read full review
    Timelabs
    No answers on this topic
    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