FreshBooks Cost
How much does it cost to purchase and implement FreshBooks?What is the break-down cost of licenses, maintenance and support, installation, customization, data migration and training?
Software price
FreshBooks offers three pricing plans: Lite for $15 per month, Plus for $25 per month, and Premium for $50 per month. They also offer a custom pricing plan for larger businesses.
Plans compared
The Lite plan includes invoicing, expense tracking, time tracking, and allows up to 5 billable clients. The Plus plan includes all Lite features, allows up to 50 billable clients, and adds features like proposals and automated recurring invoices. The Premium plan includes all Plus features, allows up to 500 billable clients, and adds a dedicated account manager.
Plans fit
The Lite plan is best for freelancers and small businesses with a limited number of clients. The Plus plan is suitable for growing businesses that need more features and client capacity. The Premium plan is ideal for larger businesses with a high volume of clients and who require personalized support.
Other cost
Implementation for FreshBooks is straightforward and can be done by the users themselves. There are no additional implementation costs. Customization is limited, but if needed, it may incur extra charges depending on the extent of customization required. Training costs are minimal and can be self-taught through FreshBooks’ resources.
One time fees
FreshBooks is a cloud-based software, so there are no specific hardware requirements. There are no one-time fees associated with using FreshBooks, making it a cost-effective solution for businesses.
Alternatives compared
Compared to alternatives like QuickBooks Online, Xero, Wave, Zoho Books, and Sage Business Cloud Accounting, FreshBooks is competitively priced for small to medium-sized businesses. While some alternatives may offer more features, FreshBooks’ ease of use and pricing make it a popular choice.
Verdict
FreshBooks is reasonably priced compared to its competitors, especially for small to medium-sized businesses. With its user-friendly interface and essential features, FreshBooks offers good value for money. I would give FreshBooks a pricing grade of 85 out of 100.
