6. Xero
Xero is very easy to manage, no matter if you immerse yourself in it or choose to only use it occasionally. It makes more complex tasks like double bookkeeping simple to handle for small business owners. There are certified advisors that can help you with your accounting needs if you don’t have a dedicated accounting team for your business.
It’ll integrate very easily with the leading-third party solutions or accounting systems without any problems, and you can scale your plan to match your business needs. It allows you to claim expenses, pay bills, monitor your bank account and cash flow, accept payments, track projects, capture data, upload contacts and organize them into smart lists, and generate customized reports.
You can use Xero to create purchase orders, and it offers currency conversion in over 160 currencies. There are several tools and add-ons you can opt into, and it all comes together on a sleek and user-friendly dashboard that makes it easy to track everything. There is a free trial too, so you can see if this is a good fit for your small business before you buy it.
Why Use Xero Instead of FreshBooks
- Facilitates accurate and fast transacting
- Express Setup feature offered from the vendor
- Able to find and alter banks, checks, and expense claims
- Can create payroll forms
Why Use FreshBooks Instead of Xero
- Allows you to create delivery notes
- Has online store capabilities
- Simple and streamlined expense tracking
- Responsive support team
7. NetSuite ERP
This is a scalable but comprehensive invoicing software suite that is cloud-based. It comes designed to meet the needs of fast-growing small businesses and bigger enterprises. This app will work to automate back and front-end processes for your business so you can spend your time elsewhere without worrying that you’re missing out on important financial processes.
NetSuite will take care of inventory management, order management, billing, revenue management, fixed assets, and financial management. As a bonus, this software lets each employee — from clerical staff to your top managers — view several highly customizable reports that outline key performance indicators for their particular role at your small business.
The ERP module on this software will integrate quickly and easily with any other NetSuite software you may have or buy, including CRM, eCommerce, order management tools, and inventory. So, you can easily scale your software to suit your business’s exact needs without breaking the bank. NetSuite offers built-in flexibility and native business intelligence to ensure you have everything you need to make informed decisions regarding your business.
Why Use NetSuite ERP Instead of FreshBooks
- Has self-service capabilities
- Complete set of purchasing, manufacturing, and inventory management features
- Real-time information on inventory, suppliers, and procurement indicators
- Integrates with finance and sales
Why Use FreshBooks Instead of NetSuite ERP
- Has recurring invoice creation and tracking
- Sleek and responsive interface
- Centralized location for all of your relevant items
- Notifications for client interaction
8. BigTime
This cloud-based billing software is very comprehensive, and it comes designed to help any small business owner streamline the overall billing cycle, track the time each activity takes, and organize tasks to keep you on track. The platform can easily accommodate several billing rates, and you can assign them to staff, set up labor codes, and assign tasks as you see fit.
BigTime is accounting software that lets you prepare invoices using a customizable template, monitor and assign various tasks, and track the duration of each task. It has reporting and management tools built into the design that gives you total visibility over your whole team throughout each project’s duration. In turn, you can see when someone is struggling or excelling at their given tasks.
It also integrates with a range of popular applications, and this means that you wouldn’t have to manually migrate and process any data if you chose it. The engineering, accounting, and consulting industries will do best with this FreshBooks alternative. You can also use it to delegate your team the correct workload each day to ensure they have something to do without being overloaded.
Why Use BigTime Instead of FreshBooks
- Offers resource allocation functions
- Track each team member’s time every day on specific tasks
- Comprehensive invoicing and billing solution with automatic calculations
- Project management feature
Why Use FreshBooks Instead of BigTime
- Offers more customizable templates
- Easier to keep an eye on receipts and delivery notes
- Quick invoice recall and storage
- Can edit and send documents on the go
9. Invoiced
Invoiced offers a cloud-based automation software for your accounts receivable needs that can make all of your small business’s financial processes work automatically. There are four interconnected modules at the heart of this software, including payment plans, invoice-to-cash, customer portal, and subscription billing that you can use to streamline your daily applications.
You’ll get a seamless accounting workflow for your small business. The workflow starts on the billing end and goes to payments and forecasting so you can keep a close eye on your financial situation. One big bonus of this software is its easy-to-use and straightforward dashboard. It looks very simple, but it has all of the controls you need to keep your tools within easy reach.
It can also improve your company’s bottom line as it gives your customers multiple payment options. It’ll integrate seamlessly with a variety of popular accounting software choices like QuickBooks or FreshBooks, and this eliminates the need to flip back and forth between applications. You have fewer chances of making costly mistakes this way.
Why Use Invoiced Instead of FreshBooks
- Incorporates the power of four modules to simplify tasks
- Simple dashboard increases productivity
- Automates your workflow
- Offers more flexible payment options
Why Use FreshBooks Instead of Invoiced
- Offers accountant connection
- Redesigned user interface
- Tools all grouped in one centralized location
- Several pricing options
10. DocuPhase
DocuPhase gives you an accounts payable automation software. This software comes with a lot of document management features and other tools that you can give out to all of your employees to use. The strong accounting automation system puts it as one of the best FreshBooks alternatives. It offers Optical Character Recognition features that allow it to accurately read any text on scanned documents to ensure your records are accurate.
It also has a nice document storage system that can keep receipts, invoices, and related financial documents organized and easy to recall should you need them. You can scan them as soon as you get them to reduce the probability of losing them, and this makes filing your taxes much easier because you have proof of all of your expenses and deductions.
DocuPhase is also helpful when it comes to digitizing your company’s processes. There won’t be any more large folders of paper files stuffed into drawers. Instead, it’s all at your fingertips with the click of a button. It can automate invoice payments, and this can help ensure that you pay your dues in time to avoid any late fees.
Why Use DocuPhase Instead of FreshBooks
- AP automation saves time
- OCR capabilities
- Document management tools included
- Allows you to digitize your processes
Why Use FreshBooks Instead of DocuPhase
- Attractive interface design
- Get secure vendor backups for your files
- Prompt customer service if you have issues
- Integrates with other software
11. Sage 50
The final FreshBooks alternative on the list is Sage 50. This is a desktop accounting solution that is very easy to use, and it works well for growing small businesses. You can also scale it to fit larger enterprises and their bigger accounting needs.
You’ll get standard accounting features with this software, including bill payments, cash flow management, accounts receivable, and accounts payable. It also gives you a range of advanced tools to help with your financial needs like inventory management and module-level security. You can add payroll services or credit card processing options too.
The vendor for this product has mobile apps for iOS, Android, and Blackberry devices, and you get a free trial to see if it’s something you want to pursue. It also functions very smoothly with different products like Excel, Microsoft Word, and Outlook so you can perform all of your daily tasks without having to flip from screen to screen. You can choose your software by business need, business size, and industry to get a tailored solution that works for you.
Why Use Sage 50 Instead of FreshBooks
- Flexible enough for non-accountants and CPAs to use
- Includes essential business operations
- Screen-level security
- Automatic backup included
Why Use FreshBooks Instead of Sage 50
- Scalable software solution
- Allows for easy invoicing setup
- Customizable layouts for all your documents
- Newly improved design
Free Billdu Trial
If you’re curious about which FreshBooks alternatives could work best for you, we suggest you start with Billdu. You’ll get a completely free trial that allows you to test out premium features and see how it settles into your business operations.