Software price

FreeAgent offers a single pricing plan at $12 per month for the first six months and then $24 per month thereafter. This is based on an annual subscription. There are no additional costs for extra users, making it cost-effective for growing businesses.

Plans compared

The pricing plan includes features such as invoicing, expense tracking, project management, and time tracking. There are no tiered plans, making it simple for users to access all features at a flat rate.

Plans fit

FreeAgent is best suited for freelancers, small businesses, and startups who require basic accounting and financial management tools. It may not be suitable for larger enterprises or businesses with complex accounting needs.

Other cost

There are no additional implementation costs as FreeAgent is cloud-based and easy to set up. Customization options are limited, but users can tailor the software to their needs without extra cost. Training costs are minimal, with online resources available for free.

One time fees

FreeAgent does not require any specific hardware or servers, as it is cloud-based. There are no one-time fees associated with the software, making it a straightforward and affordable option for businesses.

Alternatives compared

Compared to alternatives like QuickBooks Online, Xero, and FreshBooks, FreeAgent offers a competitive pricing model with a focus on simplicity and ease of use. While it may lack some advanced features, it provides good value for money for small businesses.

Verdict

FreeAgent is a cost-effective solution for freelancers, small businesses, and startups looking for basic accounting software. With its flat-rate pricing and no additional user costs, it offers good value for money compared to its competitors. I would give FreeAgent a pricing grade of 85 out of 100 for its affordability and feature set.