Freshbooks Vs Xero

January 31, 2022

Freshbooks Vs Xero

Managing a project can be a daunting task, especially when it comes to keeping track of the finances involved. This is where project management software comes in handy! In this post, we will be comparing two popular project management software – Freshbooks and Xero, to help you make an informed decision.

Pricing

Pricing is always a major concern when it comes to choosing project management software. Freshbooks offers three pricing plans, starting at $15 per month, whereas Xero offers Starter, Standard, and Premium plans, starting at $20 per month.

Both Freshbooks and Xero offer a 30-day free trial. However, it’s worth noting that Freshbooks offers much more for its lowest plan, including unlimited invoices, estimates, and expenses, while Xero only allows for 20 invoices and 5 bills under its Starter plan.

Features

Both Freshbooks and Xero offer comprehensive features that make managing projects much easier. However, Freshbooks takes the lead when it comes to invoicing and time tracking. Freshbooks' invoicing features are more user-friendly, and it's easier to create and send invoices from the platform. Additionally, Freshbooks has a built-in time tracking feature, which makes it easier to keep track of project hours and bill clients accurately.

On the other hand, Xero is more suitable for companies that require inventory management and purchase orders. Xero’s inventory management system is detailed and feature-rich, allowing businesses to track inventory, set reorder points, and monitor sales.

Integrations

Both Freshbooks and Xero integrate with a wide range of third-party apps that help make project management easier. Freshbooks has over 200 integrations, including PayPal, QuickBooks, and Mailchimp. Xero, on the other hand, has over 800 integrations, including Shopify, Stripe, and Hubspot.

Customer Support

In terms of customer support, both Freshbooks and Xero offer comprehensive support options, including phone support, email support, and knowledge base articles. However, Freshbooks takes the lead here with its renowned customer satisfaction rating and live chat support.

Conclusion

When it comes to choosing between Freshbooks and Xero, it largely depends on your business's specific needs. If your business requires a more user-friendly platform for invoicing and time tracking, then Freshbooks may be the better choice. However, if inventory management and purchase orders are a priority, then Xero is the way to go.

Both platforms are solid choices for project management, and we hope our comparison has helped you make an informed decision.


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