Freshbooks vs inDinero 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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88% 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

inDinero

Accounting Software

4 44 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	inDinero is convenient for outsourcing accounting services and CFOs. The accounting services are available for businesses of all sizes. inDinero is a comprehensive platform where client companies can expect both personalised business guidance and powerful financial technology of the utmost quality. The accounting service provided by inDinero grows along with the magnitude of the client organisation. This includes improvement in efficiency and visibility into the business so that clients can make informed decisions. With changing financial needs of the organisations, inDinero provides updated CFO services to enable client organisations to make and implement well-informed decisions for a better and productive future. The fractional CFOs help in preparing financial plans and strategies that are aligned along with the immediate goals of the company in concern. Customised financial reports further make it easier for client companies to figure out what is and what is not working. All these strategies in inDinero are designed to make client companies flexible and informative about their cash flow, fundraising and encashable exits related to their business. Read more
Pricing Options	Free Trial Available Starts at $6.3. Offers Custom plan.	Free Trial Not Available Starts at $750.00. Offers Custom plan.
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%	88% 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 94% Reviews 76% Momentum 62% Popularity 81%
SaaSworthy Awards	# 3 Most Worthy # 3 Fastest Growing	# 9 Fastest Growing # 19 Most Popular

Features

Total Features	18 Features	14 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 + 11 More - Show Less

Technical Details

Organization Types Supported	Freelancers Large Enterprises Medium Business Small Business	Freelancers Large Enterprises 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	NA

Reviews & Ratings

User Rating	4.3/5 3,302 user ratings	4/5 44 user ratings
Rating Distribution	Excellent 56.5% Very Good 28.3% Average 5.5% Poor 3.1% Terrible 6.6%	Excellent 52.3% Very Good 15.9% Average 22.7% Poor 0% Terrible 9.1%
User Sentiments	Ease of use, Intuitive Interface, Excellent Customer Support, Robust Reporting Price Increases, Mobile App Issues, Lack of Integrations, Bank Syncing Issues	Knowledgeable and Responsive Customer Service, Easy to Use Interface, Efficient Accounting and Bookkeeping, Comprehensive Financial Reporting High Pricing, Lack of Seamless Third-Party Integrations, Inaccurate Tax Filing, Inadequate Client Support
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, reviewers consider the software to be user-friendly and efficient, with a clean interface and intuitive design. Many users appreciate its comprehensive features, including robust reporting and budgeting capabilities, as well as its ability to streamline financial processes and save time. The software's integration with other business applications is also praised. However, some users have reported issues with the software's stability and customer support, suggesting that improvements in these areas would enhance the overall user experience.
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Pricing

Pricing Options	Free Trial Available Starts at $6.3. Offers Custom plan.	Free Trial Not Available Starts at $750.00. Offers Custom plan.
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 $750.00 $750.00 per month Growth $1,250.00 $1,250.00 per month Executive Custom
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Alternatives

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	View All Freshbooks Alternatives	View All inDinero Alternatives