Name: FreshBooks
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FreshBooks Review (2025): Pricing, Pros & Cons

Simplifying Accounting for Small Businesses and Freelancers.

FreshBooks

What is FreshBooks?

FreshBooks is a cloud-based accounting software designed for small businesses and freelancers. It offers intuitive tools for invoicing, expense tracking, time tracking, and project management. Users can create professional invoices, accept online payments, and monitor financial health through detailed reports. With mobile apps for iOS and Android, FreshBooks enables on-the-go financial management, making it a comprehensive solution for streamlined business accounting.

FreshBooks Company Details

FreshBooks is a cloud-based accounting software company founded in 2003 by Mike McDerment, Levi Cooperman, and Joe Sawada in Toronto, Canada. Initially developed to address the challenges faced by small business owners in managing invoices and accounting tasks, FreshBooks has grown to serve over 30 million users worldwide. The platform offers a range of features, including invoicing, expense tracking, time tracking, and project management tools, designed to simplify financial management for small businesses and freelancers. FreshBooks operates on a Software-as-a-Service (SaaS) model, providing users with secure, cloud-based access to their financial data. The company is committed to diversity, inclusivity, and belonging, fostering an environment that promotes equitable opportunities and inclusive practices. With a focus on executing extraordinary experiences every day, FreshBooks continues to innovate and support small business owners in managing their finances efficiently.

Company Name: FreshBooks

CEO Name: Don Epperson

Est Year: 2003

Employees: 442

HQ Location: Toronto, Ontario

Don Epperson

CEO

FreshBooks Demo & Media

Top Features of FreshBooks

Personalize invoices with logos and colors.

Automated expense tracking.

Monitor billable hours with built-in timers.

Manage projects and collaborate with clients.

Accept payments via credit cards and PayPal.

Generate detailed reports on income and expenses.

Manage finances on-the-go with mobile apps.

Set up automatic recurring invoices for clients.

Handle transactions in various currencies.

Connect with tools like Gusto and Stripe.

Pros of FreshBooks

User-friendly interface

Comprehensive invoicing features

Strong customer support

Mobile app with mileage tracking

Recurring invoicing capabilities

Customizable payment terms

No setup costs

Unlimited invoices and expenses

Supports multiple currencies

Secure data encryption

Cons of FreshBooks

Additional cost per team member

Limited invoice customization

Not ideal for large businesses

Fewer integrations than competitors

Basic accounting capabilities only

Limited report customization

No bulk invoice creation

Limited inventory management

Mobile app lacks some features

Client-based pricing structure

FreshBooks Pricing

FreshBooks offers four pricing plans to cater to various business needs. The Lite plan is priced at $19.50/month (after a 70% discount for the first 4 months) and supports up to 5 clients. The Plus plan, suitable for up to 50 clients, is available at $11.40/month (after the promotional discount). The Premium plan, ideal for unlimited clients, is offered at $19.50/month (after the discount). For larger businesses requiring advanced features, the Select plan provides custom pricing and includes benefits like lower transaction fees and dedicated support. All plans come with a 30-day free trial, allowing users to explore features before committing. Additionally, FreshBooks offers a 10% discount on annual subscriptions. Add-ons such as team member accounts and payroll services are available at an additional cost.

FreshBooks Review Competitor Price Comparison

Find the most cost-effective solution for your business. Check the price comparison of all the software that we listed in this category.

Product Name

Logo

Free Plan

Min Price

Max Price

Score

Thryv

Yes

$20

$499

93.25%

HiBob

Custom

93.75%

GoCo

Yes

$0.00/month

Custom

93%

Payhawk

$217

$327

93.5%

Smartsheet

Yes

Custom

97.75%

Workable

$129

Custom

94.75%

BambooHR

Custom

96.75%

Greenhouse

$6,500 per year

$70,000 per year

94.25%

Surfshark

$1.99

$15.45

94%

Precoro

No Free Trial

$35

$999

96.75%

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What Kind of Support FreshBooks Offers?

Email Support

Live Chat

Tutorial Videos & Documentation

Forum & Ticket

Phone

FreshBooks FAQs

Q1. What features are included in the 30-day free trial?

FreshBooks offers a 30-day free trial that provides access to all features available in the selected plan. This includes invoicing, expense tracking, time tracking, project management, and reporting tools. It’s an opportunity to explore the full capabilities of FreshBooks before committing to a subscription.

Q2. Which FreshBooks plan is right for me?

FreshBooks offers multiple plans tailored to different business needs. The Lite plan is suitable for self-employed professionals managing up to 5 clients. The Plus plan accommodates growing businesses with up to 50 clients. The Premium plan is designed for larger businesses handling up to 500 clients. Assess your client base and required features to choose the appropriate plan.

Q3. How do I get started with FreshBooks?

To begin using FreshBooks, sign up for an account and verify it via the confirmation email. After verification, you’ll be prompted to provide information about your business. Once set up, you can start exploring features like invoicing, expense tracking, and time tracking through the intuitive dashboard.

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At BeginDot, we go through each product in detail so that we can prove the most authentic information to our audience. We try the products, go through documentation, do research in user sentiments before adding our final recommendation.