FreshBooks, a highly preferred choice among 30 million users worldwide, is noted for its intuitive accounting software designed to simplify financial management for small businesses and accountants. Belonging to an industry teeming with ambitious competitors, FreshBooks offers unique features such as seamless migration, time and expense tracking, and customizable plans. However, a variety of alternatives are beginning to establish their name in the market, each providing different features to help the diverse needs of businesses. The industry’s trajectory indicates a rise in demand for more flexible and comprehensive financial management solutions, hinting at an exciting future.


Top 19 FreshBooks alternatives

1. Munim

Munim offers online accounting and GST compliance software for small businesses and professionals. The software includes features such as invoicing, expense tracking, payment tracking, and remote access.


2. Zervant

  • Website: zervant.com
  • Headquarters: Espoo, Southern Finland, Finland
  • Founded: 2010
  • Headcount: 11-50
  • Latest funding type: Acquired
  • LinkedIn

Zervant is a powerful invoicing software that helps businesses streamline their invoicing and financial processes. With Zervant, users can easily create, manage, and send invoices online, track their time and expenses, and receive payments efficiently. The company also offers free tools, resources, and guides to help businesses grow and succeed.


3. Clear Books

  • Website: clearbooks.co.uk
  • Headquarters: West Kensington, London, United Kingdom
  • Founded: 2008
  • Headcount: 11-50
  • Latest funding type: Product Crowdfunding
  • LinkedIn

Clear Books is an online accounting software provider for small businesses in the UK. They offer features such as invoicing, bill and receipt tracking, bank feeds, and financial reporting. Their software is designed to help users stay organized and compliant with tax requirements, including Making Tax Digital. Clear Books also provides additional tools and resources for accountants and offers integrations with other applications.


4. Reviso

  • Website: reviso.com
  • Headquarters: Copenhagen, New York, Denmark
  • Founded: 2002
  • Headcount: 11-50
  • LinkedIn

Reviso.com is a cloud accounting platform that offers a wide range of functions and applications for small and medium-sized enterprises (SMEs). It provides billing, invoicing, general accounting, bank reconciliation, financial reports, and fixed asset management. Reviso also offers features for sales and purchases, project management, inventory management, and employee commission. With integrations and APIs, Reviso allows businesses to streamline their operations and manage their finances in an agile and efficient way.


5. Billdu

  • Website: billdu.com
  • Headquarters: London, England, United Kingdom
  • Founded: 2011
  • Headcount: 11-50
  • LinkedIn

Billdu is an invoicing software company that offers a suite of tools for small businesses. Their services include invoice generation, credit note generation, expense tracking, online booking, and communication solutions.


6. Cashflow

  • Website: cashflow.do
  • Headquarters: Newark, Delaware, Dominican Republic
  • Founded: 2006
  • Headcount: 11-50
  • LinkedIn

Cashflow.do is an all-in-one accounting software in the cloud for small businesses. It offers a complete solution for all kinds of small businesses, providing tools for owners to get a clear view of their business financials, productivity for business teams of all sizes, tools for accountants and bookkeepers, and advisor tools to help clients reach their goals.


7. Debitoor

  • Website: debitoor.com
  • Headquarters: Copenhagen N, Hovedstaden, Denmark
  • Founded: 2012
  • Headcount: 11-50
  • LinkedIn

Debitoor is an invoicing and accounting software that allows users to create and send professional invoices quickly. With easy-to-use templates and flexible options, Debitoor helps businesses streamline their billing process and get paid faster. The software also includes features such as expense tracking and data export, making it a comprehensive solution for small businesses, sole traders, and freelancers.


8. Akaunting

Akaunting is a free, open-source, and online accounting software for small businesses and freelancers. It offers features such as invoicing, expense tracking, inventory management, and project organization.


9. Xero

  • Website: xero.com
  • Headquarters: Wellington City, Wellington, New Zealand
  • Founded: 2006
  • Headcount: 1001-5000
  • Latest funding type: Post Ipo Debt
  • LinkedIn

Xero is a company that offers cloud-based accounting software and financial management tools for small businesses and individuals. They provide easy-to-use tools for invoicing, payroll, expense tracking, and tax preparation.


10. Wave HQ

  • Website: waveapps.com
  • Headquarters: Toronto, Ontario, Canada
  • Founded: 2009
  • Headcount: 201-500
  • Latest funding type: Acquired
  • LinkedIn

WaveApps is a company that provides free accounting software, invoicing software, and banking software for small business owners. They offer features such as recurring billing, online payments, track income and expenses, and payroll management. Their services are available on desktop and mobile platforms.


11. FreeAgent

  • Website: freeagent.com
  • Headquarters: Edinburgh, Midlothian, United Kingdom
  • Founded: 2007
  • Headcount: 51-200
  • Latest funding type: Acquired
  • LinkedIn

FreeAgent is a UK-based bookkeeping software for small businesses offering features such as end-of-year filing, estimates and invoicing, expense tracking, time tracking, payroll, banking, and accounting. It provides business insights, secure data handling, and integration with other platforms. FreeAgent also offers resources like blogs, guides, webinars, and videos for business owners and accountants.


12. Zybra

  • Website: zybra.in
  • Headquarters: Ahmedabad, Gujarat, India
  • Founded: 2015
  • Headcount: 11-50
  • Latest funding type: Seed
  • LinkedIn

Zybra is a cloud-based accounting software that offers effortless and anytime access to small and medium-sized businesses. It provides features such as real-time updates, graphical dashboards, inventory management, GST invoicing, and expense tracking. With Zybra, businesses can streamline their operations, manage stock and purchases, generate customized GST invoices, and track receivables and payables. It is a user-friendly solution that helps businesses maintain accurate financial records and comply with GST regulations.


13. MACOMPTA.FR

  • Website: macompta.fr
  • Headquarters: Lagord, Charente-Maritime, France
  • Founded: 2009
  • Headcount: 11-50
  • LinkedIn

Macompta.fr is a commercial company specializing in Online Management for all. They offer software solutions for invoicing, accounting, expense reports, tax returns, and payroll. Their tools simplify commercial, accounting, and social management for both novices and experts.


14. Bokio

  • Website: bokio.se
  • Headquarters: Göteborg, Västra Götaland, Sweden
  • Founded: 2015
  • Headcount: 51-200
  • Latest funding type: Acquired
  • LinkedIn

Bokio is a digital accounting and bookkeeping platform that offers comprehensive guides and support for small business owners. With features like automatic bank connection and pre-made templates, users can easily manage their bookkeeping and prepare financial statements. Bokio also provides additional services like invoicing, payroll management, and integration with other financial systems.


15. Autobooks

  • Website: autobooks.co
  • Headquarters: Detroit, Michigan, United States
  • Founded: 2015
  • Headcount: 51-200
  • Latest funding type: Series C
  • LinkedIn

Autobooks.co offers a reliable and affordable online invoicing and payment acceptance solution for small businesses. With Autobooks, businesses can create and send professional invoices, accept digital payments, and automate tedious bookkeeping tasks. Autobooks is built to be seamlessly integrated with the user's bank account, providing a secure and convenient way to manage finances. By partnering with banks and credit unions, Autobooks ensures that small businesses have access to invoicing, payment acceptance, accounting, and more, all within their online and mobile banking platforms.


16. Finago / Accountor SME Software Business

  • Website: finago.com
  • Headquarters: Espoo, Southern Finland, Finland
  • Founded: 2012
  • Headcount: 51-200
  • LinkedIn

Finago is a company that offers easy and efficient financial management software. Their comprehensive and real-time accounting software can be easily integrated with other systems. They also provide specific software solutions for solo entrepreneurs, making invoicing and payments simple. With their innovative digital solutions, they aim to modernize and streamline the operations of accounting firms.


17. inDinero

  • Website: indinero.com
  • Headquarters: Los Angeles, California, United States
  • Founded: 2009
  • Headcount: 201-500
  • Latest funding type: Series Unknown
  • LinkedIn

inDinero is an accounting solution that helps businesses manage their finances and plan for the future. With a combination of software and personalized support, inDinero provides tailored services to meet the unique needs of startups, small businesses, and mid-sized enterprises. Their comprehensive range of services includes outsourced accounting, CFO services, online bookkeeping, and business tax services.


18. Siigo

  • Website: siigo.com
  • Headquarters: Bogotá D.C., Cundinamarca, Colombia
  • Founded: 1988
  • Headcount: 1001-5000
  • Latest funding type: Private Equity
  • LinkedIn

Siigo.com is a software company that offers accounting and administrative solutions for small businesses and entrepreneurs. Their comprehensive software includes features such as inventory management, payroll, electronic invoicing, and point of sale systems. With Siigo, businesses can easily track their financial indicators and make informed decisions. Their cloud-based platform allows users to access their business data from anywhere, providing flexibility and convenience.


19. Intuit

  • Website: intuit.com
  • Headquarters: Mountain View, California, United States
  • Founded: 1983
  • Headcount: 10001+
  • LinkedIn

Intuit is a company that offers a range of financial software solutions and services, including QuickBooks, TurboTax, and Mint. These tools are designed for individuals, small businesses, and accountants to manage their finances, taxes, and payroll efficiently.


Want to find more FreshBooks alternatives?


If you want to find more companies like FreshBooks that offer diverse solutions for accounting, invoicing, and financial tracking you can do so with Inven. This list was built with Inven and there are hundreds of companies like these globally.


With Inven you'll also get to know the company's:


  • Ownership: Which of these are private equity backed? Which are family-owned?
  • Contact data: Who are the owners and CEO's? What are their emails and phone numbers?
  • Financials: How do these companies perform financially? What are their revenues and profit margins?

...and a lot more!