Freshbooks vs Bench Comparison

96% 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

Freshbooks

Accounting Software

4.3 3,302 user ratings

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90% 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	An accounting software focused on providing expert accounting services to small scale businesses. It is best suited for self-employed professionals, small scale agencies, firms and consultancies. The software expertise in handling accounting tasks related to billing, invoicing and expense tracking. Freshbooks time tracking feature will provide you information so that you can invoice your bill for exactly what you’re worth. This easy-to-use software also provides a mobile app which allows you to keep a check on the accounting processes all the time. Freshbooks was awarded as “Leader in the Fall 2017 Small-Business Accounting Grid Report” based on customer satisfaction and market presence. 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 $6.3. Offers Custom plan.	Free Trial Not Available Starts at $249.00.
SW Score & Breakdown	96% 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 100% Reviews 90% Momentum 70% Popularity 87%	90% 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 90% Momentum 71% Popularity 89%
SaaSworthy Awards	# 3 Most Worthy # 3 Fastest Growing	# 9 Most Popular # 13 Highly Rated

Features

Total Features	18 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. Budget Forecasting Helps to create budgets using past performance and future projections. Forecasting uses data, trends, and analytics to predict revenue, expenses, and cash flow. 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 Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for 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 + 15 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. Budget Forecasting Helps to create budgets using past performance and future projections. Forecasting uses data, trends, and analytics to predict revenue, expenses, and cash flow. 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 Revenue Recognition Determining the specific conditions under which revenue is recognized or accounted for 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 Medium Business Small Business	Freelancers Medium Business 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	4.3/5 3,302 user ratings	4.4/5 1,405 user ratings
Rating Distribution	Excellent 56.5% Very Good 28.3% Average 5.5% Poor 3.1% Terrible 6.6%	Excellent 76.4% Very Good 9.7% Average 2.1% Poor 2.3% Terrible 9.5%
User Sentiments	Ease of use, Intuitive Interface, Excellent Customer Support, Robust Reporting Price Increases, Mobile App Issues, Lack of Integrations, Bank Syncing Issues	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	FreshBooks receives positive reviews for its ease of use and user-friendly interface, particularly for invoicing and time tracking. Users appreciate the intuitive design, professional-looking invoices, and the ability to accept payments online. However, some users report issues with the mobile app, bank reconciliation, and limitations in customization options. The pricing structure is also a point of contention, with some users finding it expensive for the features offered. Overall, FreshBooks is well-regarded for its straightforward functionality and effective billing solutions, making it a popular choice for freelancers and 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 $6.3. Offers Custom plan.	Free Trial Not Available Starts at $249.00.
Pricing Plans Monthly Plans Annual Plans	Lite $6.30 $6.30 per month Plus $11.40 $11.40 per month Premium $19.50 $19.50 per month Select Custom	Essential $249.00 $299.00 per month Premium $399.00 $499.00 per month
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Alternatives

	Xero 4.2 7,623 ratings Freshbooks Vs Xero Zoho Books 4.8 30 ratings Freshbooks Vs Zoho Books Wave 4.1 1,834 ratings Freshbooks Vs Wave Quickbooks 3.9 24 ratings Freshbooks Vs Quickbooks QuickBooks Desktop Pro 4.3 3,153 ratings Freshbooks Vs QuickBooks Desktop Pro	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 Freshbooks Alternatives	View All Bench Alternatives