FreeAgent vs Bench Comparison

94% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

FreeAgent

Accounting Software

4.7 441 user ratings

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92% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more

Bench

Accounting Software

4.4 1,405 user ratings

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Overview

Description	FreeAgent is a powerful accounting software; moreover, it is the in-demand package for all small businesses as well as big ones. With FreeAgent, the business owner feels natural with receipts, payments, tasks, and deals. It helps you make efficient cooperative decisions with adequate insights and accounting reports. Trusting FreeAgent, you can link your bank details to the main account and send invoices and payment reminders routinely and clear your bills faster. You can also record expenses and mileage and the Admin To-Do List groups all necessary work and duties together. In addition to it, it also keeps a check on your cash incomings and outgoings. It not only saves time and helps you work effectively; it also shoots your business’ growth. It also has a feature of self-assessment of taxes and VAT filing. From corporate taxes to year-end filings, you can be assured about all your data works and proceedings. Their plans start at 14.50 Euros a month to 145 Euros. As the cherry on top, they also offer a free plan for their new customers to try their exclusive features. Read more	Trusted by the world’s best companies, Bench is made available as an all-in-one financial toolkit/bookkeeping service provider. It assigns real humans as bookkeepers, helping out the small businesses and their team of experts to import bank statements and prepare financial statements every month. The software further helps users to get a direct line to their internal team on desktop or mobile. Also, organisations can depend on Bench’s premium services to get expert tax prep, filing and year-round tax advisory support. Furthermore, monthly financial statements and expense overviews offered by the platform helps companies to stay in control of their money. The at-a-glance visual reports are very much helpful to get a clear overview of the bigger picture comprising actionable insights ensuring adequate business growth. Also, it ensures adequate security, processing integrity, availability, privacy and confidentiality of business data as a SOC 2 compliant portal. Read more
Pricing Options	Free Trial Available Starts at $13.50.	Free Trial Not Available Starts at $249.00.
SW Score & Breakdown	94% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more 98% Reviews 88% Momentum 66% Popularity 89%	92% SW Score The SW Score ranks the products within a particular category on a variety of parameters, to provide a definite ranking system. Read more Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more 90% Reviews 91% Momentum 75% Popularity 89%
SaaSworthy Awards	# 13 Fastest Growing # 7 Most Popular	# 9 Most Popular # 13 Highly Rated

Features

Total Features	16 Features	12 Features
Common Features for All	Accounts Payable Handling the money owed by a business to its suppliers. Accounts Receivable Handling the money the client owes to the company. Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement. Billing and Invoicing This feature helps in issuing and handling the invoice and bills. CPA Firms Offers collaboration with a professional expert for financial and consulting services. Cash Management Collection and management of cash. Collections Recovery of cash from a business or individual. Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process. Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. General Ledger Maintaining and recording all the accounting related transactions. Multi-Currency Enables payment and collection in multiple currencies. Payroll Handling the salary payable to the employees Project Accounting Creation of financial reports specifically designed to track the financial progress of projects Purchasing Acquiring goods or services required for the business at minimal cost Spend Management Managing the expenditure of a business in order to build its product or services Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time + 13 More - Show Less	Accounts Payable Handling the money owed by a business to its suppliers. Accounts Receivable Handling the money the client owes to the company. Bank Reconciliation Matching the balances of an entity's accounting records with the corresponding information on a bank statement. Billing and Invoicing This feature helps in issuing and handling the invoice and bills. CPA Firms Offers collaboration with a professional expert for financial and consulting services. Cash Management Collection and management of cash. Collections Recovery of cash from a business or individual. Expense Tracking Keep a count of your day to day expenses as well as allows you to quickly identify where the expense report is in the approval process. Fixed Asset Management Helps in tracking fixed assets for the purposes of financial accounting, preventive maintenance, and theft deterrence. General Ledger Maintaining and recording all the accounting related transactions. Multi-Currency Enables payment and collection in multiple currencies. Payroll Handling the salary payable to the employees Project Accounting Creation of financial reports specifically designed to track the financial progress of projects Purchasing Acquiring goods or services required for the business at minimal cost Spend Management Managing the expenditure of a business in order to build its product or services Tax Management Management of finances for payment of tax as well as assessing the advance tax liability to pay your tax in time + 9 More - Show Less

Technical Details

Organization Types Supported	Freelancers Small Business	Freelancers Small Business
Platforms Supported	SaaS/Web/Cloud Mobile - Android Mobile - iOS	SaaS/Web/Cloud Mobile - Android Mobile - iOS
Modes of Support	Business Hours Online	Business Hours Online
API Support	Available	Available

Reviews & Ratings

User Rating	4.7/5 441 user ratings	4.4/5 1,405 user ratings
Rating Distribution	Excellent 79.6% Very Good 15.6% Average 3.4% Poor 0.7% Terrible 0.7%	Excellent 76.4% Very Good 9.7% Average 2.1% Poor 2.3% Terrible 9.5%
User Sentiments	Ease of Use, Real-Time Tax Information, Bank Account Integration, Invoice Management Limited App Integrations, Lack of Weekly Payroll, Outdated Design, Limited CRM Features	Responsive Customer Service, Knowledgeable Bookkeepers, Easy to Use Interface, Time-Saving Automation Inconsistent Bookkeeper Turnover, Delayed Bookkeeping Completion, Limited Functionality for Complex Businesses, Inaccurate Expense Categorization
Review Summary	Overall, users find the software easy to use and navigate, with a simple and intuitive interface. It is praised for its strong invoicing capabilities, efficient expense tracking, time tracking, and project management features. Many users also appreciate the mobile app, which allows them to manage their finances on the go. However, some users have reported occasional glitches and bugs, and some have expressed a desire for more comprehensive reporting options. Additionally, the pricing can be a concern for some small businesses.	Overall, users generally praise Bench's user-friendly interface, ease of use, and helpful customer support. Many appreciate the simplicity and convenience of the platform, highlighting its user-friendly design and straightforward setup process. Bench's customer support is also frequently commended for its responsiveness and helpfulness. However, some users have expressed concerns regarding the accuracy and reliability of the bookkeeping services, with a few mentioning issues with categorizing transactions and occasional errors. Additionally, some users have noted that Bench's pricing may not be suitable for all businesses, particularly those with complex accounting needs.
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Pricing

Pricing Options	Free Trial Available Starts at $13.50.	Free Trial Not Available Starts at $249.00.
Pricing Plans Monthly Plans Annual Plans	US Businesses $13.50 $13.50 per month	Essential $249.00 $299.00 per month Premium $399.00 $499.00 per month
	View Detailed Pricing	View Detailed Pricing

Alternatives

	Xero 4.2 7,623 ratings FreeAgent Vs Xero Sage Accounting (Sage One) 4.6 40 ratings FreeAgent Vs Sage Accounting (Sage One) Quickbooks 3.9 24 ratings FreeAgent Vs Quickbooks Freshbooks 4.3 3,302 ratings FreeAgent Vs Freshbooks Sage Business Cloud Accounting 4.2 440 ratings FreeAgent Vs Sage Business Cloud Accounting	Pilot 4.8 90 ratings Bench Vs Pilot Clear Books 4.4 341 ratings Bench Vs Clear Books RealBooks 4 1 ratings Bench Vs RealBooks Freshbooks 4.3 3,302 ratings Bench Vs Freshbooks Quickbooks 3.9 24 ratings Bench Vs Quickbooks
	View All FreeAgent Alternatives	View All Bench Alternatives