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FreshBooks Reviews and Ratings

Rating: 8.9 out of 10
Score
8.9 out of 10

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TrustRadius Insights for FreshBooks are summaries of user sentiment data from TrustRadius reviews and, when necessary, third party data sources.

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FreshBooks is a user-friendly accounting software that has been highly praised by users for its ability to streamline invoice creation, email tracking, and expense management. With FreshBooks, users can effortlessly create, email, and track invoices, as well as set up recurring invoices. The detailed reports provided by FreshBooks allow users to efficiently manage their financials and gain insights into their expenses and client details. Clients also appreciate the convenience of accessing their accounts, viewing/printing invoices, and even filing disputes through FreshBooks. Another notable aspect of FreshBooks is its responsive and helpful customer support team, which is always ready to address any issues or questions that users may have.

Freelancers in particular rely on FreshBooks to stay organized and generate reports for estimating, invoicing, expense tracking, and timekeeping. However, the versatility of FreshBooks extends beyond freelancers. It has been widely used across industries for invoicing clients and keeping the process organized and efficient. For example, Picobarn implemented FreshBooks as a mandatory tool for its employees, enabling them to streamline the invoicing process and provide real-time project tracking. Additionally, FreshBooks has been adopted by organizations to integrate accounting and bookkeeping activities, simplifying day-to-day tasks and ensuring security. By replacing manual bookkeeping processes with FreshBooks, users have saved time and resources while improving client understanding of financial documents.

FreshBooks handles all invoicing needs effectively by making invoice creation quick and easy while enabling online payments. The software has become a valuable tool for independent representatives in various business sectors such as graphic design, helping them track business expenses effortlessly. Similarly, freelance writers and editors find FreshBooks indispensable for tracking hours worked, invoicing clients accurately, and managing their one-person operations smoothly. Companies also utilize FreshBooks to track time and expenses for both staff and consultants working on client projects. In addition to customer invoicing and expense tracking capabilities, it provides direct access for tax advisors, facilitating bank account reconciliation and ensuring accurate financial reporting.

While FreshBooks has garnered positive feedback from users, some have experienced challenges with credit card integrations and payment processing, leading them to explore alternative options. Despite this, FreshBooks has remained a popular choice for businesses seeking to centralize invoicing and accounting processes, improving efficiency and organization. Consultants and support teams have also found value in FreshBooks as it helps them track time, invoice clients, and consolidate tasks within one program.

FreshBooks has successfully helped users streamline their invoicing process, resulting in faster invoice creation, professional-looking invoices, and improved payment tracking. By allowing users to set automatic reminders for overdue invoices, FreshBooks ensures timely follow-up for payment. However, some users prefer to send manual reminders.

FreshBooks has been praised for its user-friendly interface, making it easy for users to navigate and use for multiple purposes. It is particularly beneficial for small businesses and freelancers who need a simple accounting solution without the complexity of tools like QuickBooks. Users appreciate the ease of use and simplicity of FreshBooks for handling administrative tasks such as bookkeeping, expense tracking, and invoicing. The software eliminates the need for more complex tools and reduces the need to hire additional staff.

One of the key advantages of FreshBooks is its cloud-based nature, allowing users to access and send invoices from their smartphones and tablets. This flexibility enables users to manage their financials on the go, keeping them connected to their business at all times. The ability to track time spent on projects, calculate project estimates, invoice clients, and accept payments all within FreshBooks makes it a valuable tool for freelancers and small businesses alike. Additionally, FreshBooks offers a free trial without requiring credit card information, allowing users to test the software before committing.

FreshBooks caters to a wide range of industries and has been used by marketing and manufacturing customers to properly track invoices and increase productivity and cost savings. It is also utilized across entire organizations for account receivables, setting up and sending invoices, collecting payments, tracking hours on projects, and efficiently managing billing. Moreover, FreshBooks has found its place in small family businesses that depend on it for managing expenses, logging hours, invoicing companies, and tracking total sales. Users have even customized FreshBooks using its API to automate payment entry and tracking according to their specific needs.

Overall, FreshBooks has proven itself as a reliable accounting software that simplifies the invoicing process, tracks expenses effectively, provides comprehensive financial insights, and offers user-friendly features. Its extensive range of functionalities makes it a valuable tool for freelancers, small businesses, and organizations looking to streamline their financial management processes.

Reviews

75 Reviews

Highly recommend, if you can convince your bookkeeper & accountant to use it

Rating: 10 out of 10
Incentivized

Use Cases and Deployment Scope

We used FreshBooks exclusively for invoicing for 4 years. It allowed us to partially automate our invoicing process and do a much better job of tracking client invoices. Prior to using FreshBooks, we were invoicing our clients manually, with no way of taking payments online, or via PayPal. Our invoices were scattered and disorganized, with no central way to keep track of them.

Once we started using FreshBooks, our invoice aging reduced dramatically; what took 60-90 days to receive payment (with multiple manual reminders sent) reduced to under 30, almost immediately.

Pros

  • Invoice Tracking
  • Automated invoice reminders
  • Stripe payment processing connectivity

Cons

  • Market share

Likelihood to Recommend

FreshBooks is perfect for solopreneurs or very small shops where all administrative work is handled in-house. I wish I could go back in time and set up FreshBooks from the beginning of my company's life, because it would have helped us to analyze data in a much more complete way.

Vetted Review
FreshBooks
6 years of experience

Great bookkeeping software for small businesses.

Rating: 6 out of 10
Incentivized

Use Cases and Deployment Scope

We use Freshbook for bookkeeping and account production, but a few of our clients also use it for the same reason. The software offers free online software solutions for Barclays clients and is one of the leaders on the market, providing all the needed features for us and our clients.

Pros

  • Online payments.
  • Reports
  • Sales ledger.

Cons

  • Link with other software.
  • The software should include the MTD feature, not a third-party add-on.
  • More advanced reporting.

Likelihood to Recommend

FreshBooks is very useful for simple small businesses with a limited number of transactions. The software does not have inbuilt add-ons such as payroll and VAT MTD; however, it does link with third-party providers, which works pretty well. This software will work well for both small limited companies and sole traders.

FreshBooks is a great choice for small businesses!

Rating: 9 out of 10
Incentivized

Use Cases and Deployment Scope

Using Freshbooks helps me know my bottom line every month. At a glance of my P&L, I know what is missing or wrongly categorized. I can quickly see the report and know if I missed paying a bill for my fixed expenses, which saves me time before I close the month.

Pros

  • Payment Processing.
  • Copy Billing Invoices
  • Notifications.

Cons

  • Rule setup to recognize repeating expenses.
  • More reporting for lower level platform.
  • Ability to customize my COA.

Likelihood to Recommend

FreshBooks is easy to use for a rather uncomplicated small business. I recommended it to my brother for his new business, and he is using it well enough on his own without too much difficulty. Since I know accounting, he asks me minimal questions about Freshbooks' capabilities. However, my sister has a more robust need for her business, which has more moving parts and uses another software to help manage her business. I spend way more time managing her bookkeeping and concerns.

Perfect for what it says it does.

Rating: 10 out of 10
Incentivized

Use Cases and Deployment Scope

We use FreshBooks for recurring and project-based billing. it provides an easy way to keep track of what we have outstanding and what has been paid, and we like that it offers many payment options for clients that we don't have to cobble together. It also helps us compare our billing and collecting payment data over the many years we've had it. We're on a level with it where we can only support 50 clients, but that's not too onerous to deal with.

Pros

  • Recurring invoices.
  • Project based invoices with multiple payments.
  • Offering payment options to clients.

Cons

  • 50 client limit is annoying.
  • Sometimes recurring payments can be wonky.

Likelihood to Recommend

It has been great for a small business with a mix of project-based and monthly retainer work. It's very lightweight software as a service that scales up and down based on how much you need it and how much value it provides.

FreshBooks works for Professional Service Providers.

Rating: 10 out of 10
Incentivized

Use Cases and Deployment Scope

FreshBooks is the accounting and invoicing tool for my business coaching practice. I use recurring invoices with auto pay with clients and electronic payment receipts from the invoices I send. I manage all my expenses and have my bank account and credit cards automatically syncing to my account. My costs are mostly auto-categorized, so my bookkeeping and tax prep are seamless. I also use the time reporting features to track time spent on engagements. I use the reporting features to track my time spent with clients, the revenue billed by clients, and my monthly revenue targets.

Pros

  • Generating invoices from existing invoices and recurring templates.
  • Syncing bank accounts and credit cards.
  • Reporting capabilities are easy to use.
  • Converting proposals into invoices in one click.

Cons

  • The mobile app is not as robust as I would like compared to the website.
  • I would love to use the mileage tracker, but it is not as reliable as other apps that work.
  • I would love to see lower transaction fees.

Likelihood to Recommend

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.

Beware of the Subscription charge!

Rating: 1 out of 10
Incentivized

Use Cases and Deployment Scope

I tried FreshBooks over a year ago and had difficulty connecting to my bank account, which was more of a problem with my bank account, so I cancelled my subscription, which I paid a full year in advance. I decided to give them another try, as I did like the interface when I had tried them before. I had an offer to return to FreshBooks at a discounted rate, and took the offer. Instead of being charged the discounted rate, they ended up charging me the full rate and I've now been on hold with them for over an hour waiting to get my money back. I am a small business and having that much money tied up with a company that isn't trustworthy is not fun. I want to be able to use those funds to get work with a bookkeeping software that doesn't bait and switch rates.

Pros

  • Interface is nice

Cons

  • Subscription sing ups bait and switch
  • A little confusing to navigate

Likelihood to Recommend

I don't see any benefit from FreshBooks. They've taken my money and I can't reach anyone to get a refund.

Know what you are buying first

Rating: 2 out of 10

Use Cases and Deployment Scope

Our main use for FreshBooks is invoicing and estimates, linking with our credit union is very spotty so not reliable enough to do any actual accounting. We do still use for keeping track of total sales, and categorized sales. We do also utilize their online payment processing and payment logging features.

Pros

  • User friendly interface
  • quick reports
  • dashboard

Cons

  • Mobile app
  • partial invoicing
  • payments
  • included services

Likelihood to Recommend

Part of our move to FreshBooks was the lower monthly cost over quickbooks, but quickly learned to get the same amenities as quickbooks, In my experience, FreshBooks will just nickel and dime you for each little feature and end up costing more.

In my opinion, the mobile app is garbage, basically only good for looking up customer information on the go.

FreshBooks recently changed their bank transfer payment policy to hold onto your money for what they say is 5 business days. They did this with no notice to my knowledge, which was a switch from next day payments. currently it is taking 8 days from the customer paying to us actually getting paid.

Sending invoices through email always causes us issues with customers since, in my experience, FreshBooks makes it always appear that your are invoicing the total amount to the customers, the customer needs to open the invoice to see how much they are actually being invoiced.

Vetted Review
FreshBooks
2 years of experience

FreshBooks Make It Impossible To Cancel Subscription. Does Not Respond To Emails.

Rating: 1 out of 10

Use Cases and Deployment Scope

We tried using FreshBooks for our Short Term vacation rental business. However, it was too expensive for what we were using it for. We tried to cancel online but they want you to send an email. I have emailed three times and I cannot get a response to cancel my account. I just got charged for another month. Very frustrating that they make it impossible to cancel.

Pros

  • Tracking expenses

Cons

  • Cancelling accounts
  • Different pay structure for smaller businesses

Likelihood to Recommend

I was disappointed with FreshBooks software because it was overpriced and expensive to use. The features were not worth the cost, and the customer service was not helpful as they would not respond to my emails to cancel the account. I would not recommend FreshBooks to anyone. FreshBooks is not well suited for smaller companies. Particularly short term rental properties.

Risky partnership with WePay means you might not get paid off invoices

Rating: 1 out of 10

Use Cases and Deployment Scope

I use FreshBooks for my customer invoicing, expense and bank account reconciliation and enjoy sharing direct access to my account with my tax advisor. There were hiccups in setup as the connection to my credit cards and bank occasionally suffered from a broken link since the company used a third party to facilitate the integrations which made things worse for a while. I stuck around since customer service was trying to help me. The last couple of months have seen the credit card integrations finally working much better in pulling in expenses. Unfortunately, FreshBooks partnered up with WePay at some point and it became extremely difficult to receive payments for any of my larger invoices (above $5k) and I couldn't get clarity on why the payments were being canceled and sent back to my clients. WePay was exceptionally unhelpful, and FreshBooks customer support was not particularly helpful in this case. At this point I'm forced to look for an alternative to FreshBooks - essentially anyone not using WePay.

Pros

  • Invoice creation.
  • Time Capture for work done.
  • Access for tax advisor.

Cons

  • WePay integration is a giant mistake - I can't receive payments directly from clients.
  • If work is only assigned to a client, without the project tag, it will be missed off invoice creation without the user realizing that those hours haven't been accounted for.

Likelihood to Recommend

FreshBooks is the app for you

Rating: 10 out of 10
Incentivized

Use Cases and Deployment Scope

I use this for simple accounting tasks related to my publishing company and it is an awesome app. I use it to manage accounts receivable and payable, inventory, and payroll and it does all those without flaw. As a sole proprietor, I have found this app to be tremendously useful in the small business that I run after my day job as a teacher, and I would highly recommend it to anyone that needs to do simple accounting tasks.

Pros

  • Invoicing.
  • Account Payable.
  • Payroll.
  • Inventory.

Cons

  • Invoicing.
  • Accounts Payable.
  • Inventory.

Likelihood to Recommend

This application is very useful and it is something that has helped me tremendously in my part-time company as a book publisher. I wish that they could improve their invoicing because they have gotten away from this part but there is room for improvement. I also want the app to be more user-friendly as well.