FreshBooks vs. ProfitBooks Comparison


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		Related Products Xero Save 80% for 4 months on Xero's award-winning accounting and online bookkeeping platform for businesses of all sizes and stages of growth. Beautifully simple, Xero covers a wide range of features that help businesses manage their finances effortlessly, including invoicing, inventory, bank connections, payroll, reporting and more. Xero also offers users free online support 24/7. Xero offers a robust ecosystem of connected apps and integrations with banks and financial institutions, enabling small businesses to access a wide range of solutions within Xero's open platform to streamline operations and manage finances. Additionally, accounting and bookkeeping firms benefit from efficient compliance tools, advanced practice management software, and a cloud-based unified accounting ledger for all clients, centralized in one place. 6,132 Ratings Visit Website Sage Intacct Sage Intacct is a premier cloud-based financial management software designed for growing businesses. It offers comprehensive features including core financials, accounts payable and receivable, cash management, and multi-entity consolidations. Sage Intacct's advanced modules cater to complex financial needs, ensuring scalability as your business grows. The software integrates seamlessly with other business applications, providing real-time financial and operational insights. Its user-friendly interface and customizable dashboards empower your team to adapt quickly and make data-driven decisions. Sage Intacct's robust reporting capabilities and automation of key financial processes help improve accuracy, efficiency, and compliance. Trusted by thousands of organizations, Sage Intacct streamlines financial operations, enhances visibility, and drives business growth. With award-winning customer support and continuous innovation, Sage Intacct is your partner. 8,791 Ratings Visit Website Melio Melio is an accounts payable tool built to simplify bill payments, boost workflow efficiency, and optimize cash flow for businesses of all sizes. To get started, try all of Melio's features free for 30 days! Pay vendors online through bank transfers or credit/debit cards, even if they typically accept checks—Melio manages the manual work for you. Effortlessly integrate with QuickBooks and Xero to ensure your financial records stay current. With Melio, pay by bank transfer or card to extend cash flow and earn rewards. Adding vendor or bill details is a breeze—input them manually, upload files, or take a photo of invoices. Schedule payments to align with your cash flow, and let Melio handle the rest. International vendor payments are made easy by paying in their local currency for products and services your business needs. The Melio mobile app, available for iOS and Android, lets you monitor and manage payments anytime, giving you full control over your finances on the go. 2,212 Ratings Visit Website Epicor Financials Epicor Financials is a cloud-native financial management solution that helps organizations streamline accounting processes, automate workflows, improve compliance, and gain real-time visibility into financial performance. Built on a modern cloud architecture, the platform combines core accounting, financial reporting, planning, analytics, governance, and AI capabilities within a unified ecosystem. Organizations can extend the core accounting solution through Epicor's broad ecosystem of business applications and ISV solutions. Designed exclusively for the cloud, Epicor Financials benefits from continuous innovation through regular upgrades and a modern CI/CD deployment approach, helping customers stay current without disruptive upgrades. The solution scales globally with support for multiple books, companies, sites, currencies, languages, and legal entities while maintaining centralized financial control. Visit Website Monk Monk is an AI-native accounts receivable platform that automates invoice to cash for B2B finance teams: invoicing, AP portal submission, collections and cash application, on top of your existing ERP. Across the $2B+ in receivables Monk manages, 92% of enterprise invoices have to be submitted through a corporate AP portal rather than paid from an emailed invoice. Monk submits into more than 600 of them, including Coupa, Ariba and SAP Business Network, and uploads 87% autonomously. Julia, the Monk agent for Intelligent Collections, reads customer replies and responds to what was written rather than advancing a fixed dunning sequence. 90% of invoices resolve without escalation. Email sends from your own mailbox via Gmail or Microsoft 365, so there is no new sending domain. Payments match to open invoices at 80%, rising to 95% with rules your team configures. Connects to QuickBooks, NetSuite and Dynamics 365 Business Central. Live in one to three days. SOC 2 Type II. 8 Ratings Visit Website Invoice Home Choose from hundreds of beautiful invoice templates to create and send custom invoices. Add a professional touch to your invoices by uploading your business logo. Add a personal touch with your own signature. Keep track of invoices on both desktop and mobile devices. Get paid instantly when using one of the supported payment gateways. Go green and avoid printing invoices on paper by emailing them directly to your customers. Creating an account is free and there is no cost for invoicing a combined total of $1000 worth of invoices every 30 days. Sign up today and start invoicing easier with Invoice Home. 5,713 Ratings Visit Website Kantata Kantata helps professional services organizations of 50 to 5,000+ employees ensure consistent excellence and profitability across every project. By connecting scoping, resourcing, and forecasting in one platform, you can always deliver amazing. Most PS organizations struggle with unpredictable projects that erode margins, strain resources, and weaken client trust. Kantata PSA puts an end to unpredictable projects by enabling you to: • Instantly assemble the ideal team based on skills, availability, and scope • Easily amplify institutional knowledge by turning past experience into real-time intelligence • Confidently forecast every outcome with an accurate view of everything from revenue and margins to capacity and sentiment 2,341 Ratings Visit Website InterProse ACE InterProse ACE is a modern, web-based debt recovery software solution built for collection agencies who specialize in consumer or commercial debt, including property management, healthcare, education, and government accounts. ACE also serves collection attorneys, property managers, original creditors, financial institutions and government entities. Developed to be flexible and configurable with no one business case in mind, our feature-rich debt collection application helps users easily manage their accounts, set up custom payment plans, process billing, issue client invoicing and reports, manage legal judgments, report/analyze their data in custom templates, automate just about any manual process and do it all in a highly efficient and cost-effective way. Key features include account bundling, account-level documents attachments, heavy process automation, client access, trust accounting, credit reporting, consumer self-service tools, and numerous tech integrations. 147 Ratings Visit Website Lawmatics Create a repeatable process you can set and forget with Lawmatics law office intake form templates. Spend time on the most valuable tasks and let your legal CRM handle your client intake and marketing efforts. Our CRM for lawyers enables you to not only connect with new clients, but re-engage with your collected database of past clients with law firm documentation automation. Keep your firm at arm’s reach for them when a new opportunity arises. Workflow automation for law firms is the simplest way to create a new stream of revenue! Implement automated follow-ups to ensure that you respond to potential clients immediately with our all-in-one legal CRM. Don't let anyone fall through the cracks. Your clients will be impressed by your organized and tech-savvy methods for handling their case from the minute they reach out to your firm. From easy & instant esign for legal documents, to automatic follow-ups, our software delivers a cutting-edge approach that will WOW your clients. 300 Ratings Visit Website D&B Finance Analytics D&B Finance Analytics helps organizations optimize credit-to-cash processes by combining trusted business intelligence, predictive analytics, portfolio monitoring, and workflow automation in a single solution. Powered by the Dun & Bradstreet Data Cloud, the platform helps finance teams assess credit risk, streamline customer onboarding, improve collections, reduce bad debt exposure, and strengthen overall cash-flow performance. With continuous portfolio monitoring, automated decision support, and actionable risk insights, teams can identify potential issues earlier, make more informed credit decisions, reduce manual effort, and improve operational efficiency. D&B Finance Analytics supports the entire customer lifecycle, helping organizations better manage risk while delivering a stronger customer experience. 802 Ratings Visit Website
About Make invoicing and billing painless for your small business with FreshBooks. A top-rated invoice and accounting software for self-employed professionals and small businesses, FreshBooks offers a fast, easy, and secure way of crunching numbers so companies can focus on doing the work they love. It offers a wealth of powerful features that includes invoicing, expense tracking, time tracking, project management, payment processing, and reporting. FreshBooks also lets users work from anywhere with the Freshworks mobile app.	About ProfitBooks is an easy to use online accounting software. It makes it super easy to create professional invoices, record expenses and track inventory. ProfitBooks is free for single user. ProfitBooks helps you to stay on top of business finances without any accounting knowledge. ProfitBooks is the fastest growing & amazingly simple to use online accounting software. It lets you create beautiful invoices, track expenses and manage inventory without any accounting knowledge. You can easily share the transaction data with your accountant. Know whats going on with your business with just few clicks & take better decisions. With ProfitBooks accounting software, you can create professional estimates or invoices and track outstanding payments due with few clicks. Whether you are manufacturing, distributing, selling, servicing, or just managing the inventory, ProfitBooks can handle all your business processes with ease.
Platforms Supported Windows Not Supported Mac Not Supported Linux Not Supported Cloud Supported On-Premises Not Supported iPhone Supported iPad Supported Android Supported Chromebook Not Supported	Platforms Supported Windows Not Supported Mac Not Supported Linux Not Supported Cloud Supported On-Premises Not Supported iPhone Not Supported iPad Not Supported Android Supported Chromebook Not Supported
Audience Self employed professionals, agencies, firms, and consultancies.	Audience Companies of all sizes that need free and effective accounting software
Support Phone Support Supported 24/7 Live Support Not Supported Online Supported	Support Phone Support Supported 24/7 Live Support Not Supported Online Supported
API Offers API Supported	API Offers API Supported
Screenshots and Videos View more images or videos	Screenshots and Videos View more images or videos
Pricing $6.30/month Get 70% off for 3 month offer now! Lite - $21 per month. Send unlimited invoices to up to 5 clients Plus - $38 per month. Send unlimited invoices to up to 50 clients Premium - $65 per month. Send unlimited invoices to an unlimited amount of clients Free Version Not Supported Free Trial Supported	Pricing Free ProfitBooks is free for solo entrepreneur. For adding multiple users, upgrade is available at $15/month. Free Version Supported Free Trial Not Supported
Reviews/Ratings Overall 4.8 / 5 ease 4.6 / 5 features 4.7 / 5 design 4.8 / 5 support 4.7 / 5 Read all reviews	Reviews/Ratings Overall 0.0 / 5 ease 0.0 / 5 features 0.0 / 5 design 0.0 / 5 support 0.0 / 5 This software hasn't been reviewed yet. Be the first to provide a review: Review this Software
Pros & Cons from Real Users Pros The software offers a simple and intuitive user interface that makes it easy to create and manage invoices, track payments, and manage clients. The mobile app makes it easy to access the software from anywhere, and the integration with other popular business apps, such as PayPal and Stripe, makes it even more convenient. Freshbooks also offers a range of accounting features, such as tracking expenses, generating reports, and managing taxes. The platform is very simple and easy to use, all its features and tools are very intuitive. They handle a large amount of information without the need to present any kind of blocking in the system. The price is incredible, Freshbooks fits what it offers. The best CDFi option is included and projects are handled much better. The best finance software for streamlining invoicing process for clients and time tracking. It is highly reliable in completing complex financial processes and automating tasks. FreshBooks have managed to bed down the Quote to Cash (Proposals - Invoice - Receipt - Report) process in a very elegant and concise way, hats off to them. We adopted FreshBooks after extensive evaluation and despite the price, the value they provide makes it worth it. Proposal are a definite win though it would be nice if we could customize/personalize the sending domain name. Freshbooks works with high-performance financial analytics, from which you can create advanced statistics showing the billing and closing cycles of all dates booked in the system, so you can access the information as often as needed. Freshbooks quickly manages file exports. Cons The customer service can be slow to respond and not very helpful. The prices are also higher than other accounting software programs. They should translate the platform to other languages as some of our users don't speak English and it has been difficult for them to interact with Freshbooks. Otherwise this platform is amazing and can be manipulated by anyone. I currently don't have any dislike since they upgraded the interface which was one area that I really wanted to see upgraded. Not a negative - a wish rather that they would allow online payments in South Africa. The pandemic has minimized movement for all and integration with the local banks#paywalls would help speed up payments and automate reconciliations. Freshbooks does not have good integrations to other ledger management services, which is noticeable when trying to adapt formats from the Xero platform to Freshbooks, whose formatting varies greatly. Freshbooks also does not include an expense tracker integrated directly from the control panel.
Training Documentation Supported Webinars Supported Live Online Supported In Person Not Supported	Training Documentation Supported Webinars Supported Live Online Supported In Person Not Supported
Company Information FreshBooks Founded: 2004 Canada www.freshbooks.com/	Company Information ProfitBooks Founded: 2012 India www.profitbooks.net
Alternatives Xero	Alternatives Zubizi
AlsoThere	CAIMS
MYOB	Zoho Books Zoho
QuickBooks Online Intuit	Vyapar Simply Vyapar Apps Pvt Ltd
Sage Intacct View All	FinalBooks Arihant Solutions View All
Categories Accounting Supported Want to grow without feeling overwhelmed? FreshBooks empowers you to make smarter spending decisions. Get custom, real-time reports that pinpoint risks and opportunities, all while squeezing out every tax break. Try it Free or save 70% on FreshBooks Now. Accounts Receivable Supported AR Automation Supported Billing and Invoicing Supported Tired of chasing invoices and juggling paperwork? FreshBooks simplifies your entire billing process. Create professional, branded invoices, send them to clients, and easily track payment status. With FreshBooks, you'll save time on admin and get paid up to 2x faster. Try it Free or save 70% on FreshBooks Now. Bookkeeping Supported Unlock clear financial health with powerful bookkeeping tools. Make smart decisions, plan for growth, and ensure compliance. FreshBooks simplifies this, giving you control and clarity to focus on growing your business. Try it Free or save 70% on FreshBooks Now. Construction Accounting Supported Expense Report Supported Snap, categorize, and conquer expenses with FreshBooks! Easily track receipts, auto-import bank transactions, and get clear spending insights. Simplify tax prep and budgeting, so you always know where your money is going. Try it Free or save 70% on FreshBooks Now. Finance Supported Say goodbye to complex spreadsheets and confusing software. Get all your essential financial tools in one place with FreshBooks. It's an all-in-one accounting solution that effortlessly handles your billing, payments, and bookkeeping. Try it Free or save 70% on FreshBooks Now. General Ledger Supported Law Firm Accounting Supported Legal Billing Supported Legal Time Tracking Supported Payment Processing Supported FreshBooks makes getting paid speedy and straightforward. Offer credit cards payrments, Apple Pay, and bank transfers to your clients and get paid twice as fast. Plus, save time with automatic payment recording and invoice matching. Try it Free or save 70% on FreshBooks Now. Payroll Supported Project Accounting Supported Receipt Scanner Supported Reconciliation Supported Recurring Billing Supported Simplify your billing with FreshBooks. Generate branded, professional invoices, dispatch them to clients with a click, and closely monitor their payment progress. Reclaim time otherwise spent on admin, and experience the benefit of getting paid up to 2x faster. Try it Free or save 70% on FreshBooks Now. Restaurant Accounting Supported Time and Expense Supported Time Clock Supported Time Tracking Supported FreshBooks' powerful and simple expense tracker makes tracking business expenses ridiculously easy. You can see what you’re spending and how profitable you are at a glance without the headache of spreadsheets or shoeboxes of receipts. Try it Free or save 70% on FreshBooks Now.	Categories Accounting Supported GST Supported
Accounting Features Accounts Payable Supported Accounts Receivable Supported Bank Reconciliation Not Supported Billing & Invoicing Supported Cash Management Not Supported CPA Firms Not Supported Cryptocurrency Support Not Supported Expense Tracking Supported Fixed Asset Management Not Supported Fund Accounting Not Supported General Ledger Supported Government Not Supported Multi-Currency Not Supported Nonprofits Supported Payroll Management Supported Project Accounting Not Supported Purchase Orders Supported Tax Management Not Supported Show More Features Accounts Receivable Features ACH Payment Processing Supported Billing & Invoicing Supported Check Processing Not Supported Collections Management Not Supported Online Payment Processing Supported Overpayment Processing Not Supported Partial Payments Supported Receivables Ledger Supported Recurring Billing Supported Billing and Invoicing Features Billing Portal Supported Contact Database Supported Contingency Billing Not Supported Customer Portal Supported Customizable Invoices Supported Dunning Management Supported Hourly Billing Supported Invoice History Supported Mobile Payments Supported Multi-Currency Supported Online Invoicing Supported Online Payments Supported Payment Processing Supported Project Billing Supported Recurring/Subscription Billing Supported Service Ticket Billing Not Supported Tax Calculator Supported Bookkeeping Features Accounts Payable Supported Accounts Receivable Supported Bank Reconciliation Supported Billing & Invoicing Supported Cash Management Not Supported Collections Not Supported Expense Tracking Supported Fixed Asset Management Not Supported General Ledger Not Supported Payroll Supported Revenue Recognition Supported Spend Management Supported Tax Management Supported Construction Accounting Features Accounts Payable Supported Accounts Receivable Supported Billing & Invoicing Supported Budgeting & Forecasting Not Supported Cash Management Not Supported Construction Breakdowns Not Supported General Ledger Supported Job Costing Not Supported Overrun Projections Not Supported Payroll Management Supported Purchase Order Management Not Supported Quotes / Estimates Supported Expense Report Features Approval Process Control Not Supported Invoice Management Supported Multi-Currency Supported Receipt Management Supported Reimbursement Management Not Supported Spend Control Not Supported Time Tracking Supported Workflow Management Not Supported Legal Billing Features Accounting Management Supported Automatic Billing Not Supported Calendar Management Not Supported Case Management Not Supported Client Portal Not Supported Document Management Not Supported Expense Tracking Supported Time Tracking Supported Payment Processing Features ACH Check Transactions Supported Bitcoin Compatible Not Supported Debit Card Support Not Supported Gift Card Management Not Supported Mobile Payments Not Supported Online Payments Supported POS Transactions Not Supported Receipt Printing Not Supported Recurring Billing Supported Signature Capture Supported Payroll Features 401(k) Tracking Supported Attendance Management Supported Benefits Management Supported Check Printing Not Supported Compensation Management Not Supported Deductions Management Not Supported Direct Deposit Not Supported Multi-Country Not Supported Multi-State Not Supported Reporting/Analytics Not Supported Self Service Portal Not Supported Tax Compliance Supported Vacation / Leave Tracking Not Supported W-2 and 1099 Preparation Not Supported Wage Garnishment Not Supported Recurring Billing Features Customer Portal Not Supported Deferred Billing Supported Discount Management Not Supported Dunning Management Not Supported Invoice History Supported Multi-Currency Not Supported Multi-Period Recurring Billing Supported Payment Processing Supported Recurring Donations Not Supported Subscription Billing Not Supported Time Clock Features Biometric Recognition Not Supported Hourly Employee Tracking Not Supported Messaging Not Supported Mobile Access Supported Online Punch Card Not Supported Payroll Management Supported Punch card Not Supported Reporting/Analytics Supported Salaried Employee Tracking Supported Sick Leave Tracking Not Supported Vacation / Leave Tracking Not Supported Workstation Tracking Not Supported Time Tracking Features Automatic Time Capture Supported Billable & Non-Billable Hours Supported Billing & Invoicing Supported Employee Database Not Supported Expense Tracking Supported Mobile Time Tracking Supported Multiple Billing Rates Supported Offline Time Tracking Not Supported Online Time Tracking Supported Overtime Calculation Not Supported Time per Project Reporting Supported Timesheet Management Supported Vacation / Leave Tracking Not Supported Time and Expense Features Activity Tracking Supported Billable Hours Tracking Supported Billing Rate Management Not Supported Expense Tracking Supported Invoice Processing Supported Multiple Billing Rates Supported Project Tracking Supported Reimbursement Management Not Supported Time Tracking by Client Supported Time Tracking by Project Supported	Accounting Features Accounts Payable Supported Accounts Receivable Supported Bank Reconciliation Supported Billing & Invoicing Supported Cash Management Supported CPA Firms Supported Cryptocurrency Support Not Supported Expense Tracking Supported Fixed Asset Management Not Supported Fund Accounting Not Supported General Ledger Supported Government Not Supported Multi-Currency Supported Nonprofits Supported Payroll Management Not Supported Project Accounting Supported Purchase Orders Supported Tax Management Supported
Integrations Stripe Supported 123FormBuilder Supported Affinda Supported Autodesk Construction Cloud Supported Avalara Supported Calendly Supported Chat Agents Supported FirstOfficer Supported HitPay Supported ISO2HANDLE Supported Klipfolio Supported MMC Receipt Supported Meetup Supported PlanMan Supported Polaris PPM Supported Rayven Supported Smart Apartment Data Supported Surfer Supported Trigger Supported worxTMS Supported Show More Integrations View All 229 Integrations	Integrations Stripe Supported 123FormBuilder Not Supported Affinda Not Supported Autodesk Construction Cloud Not Supported Avalara Not Supported Calendly Not Supported Chat Agents Not Supported FirstOfficer Not Supported HitPay Not Supported ISO2HANDLE Not Supported Klipfolio Not Supported MMC Receipt Not Supported Meetup Not Supported PlanMan Not Supported Polaris PPM Not Supported Rayven Not Supported Smart Apartment Data Not Supported Surfer Not Supported Trigger Not Supported worxTMS Not Supported Show More Integrations View All 3 Integrations
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