Best FreeAgent Alternatives 2023 (10 Similar Competitors)
Are you searching for the best FreeAgent alternatives in 2023? You're in luck!
FreeAgent is a fantastic cloud accounting software solution that comes with a plethora of features that cater to freelancers and small businesses. However, it might not be everyone's cup of tea. Luckily, there’s plenty of FreeAgent competitors in the sea that are as good as FreeAgent.
In this blog post, we’ll explore 10 similar competitors that might be the perfect fit for your financial management needs.
Let’s dive in!
Top 10 FreeAgent competitors with similar products
Here are the apps like FreeAgent that we think are the best FreeAgent alternatives. Although they are all fairly similar, some FreeAgent competitors will be better suited to your circumstances than others so read more about the FreeAgent competition below.
Product/service | Best for | Pricing | Website |
FreeAgent | Our baseline accounting software | $20/month | |
Xero | Best overall | $25/month | |
Wave Accounting | Best free alternative | Free; involves transaction fees | |
Zoho Books | Most similar | Free plan; $15/month | |
QuickBooks Online | Integration capabilities | $30/month | |
myBooks | Cheaper replacement | Free plan; $4.99/month | |
FreshBooks | Freelancers and independent contractors | $13.50/month | |
Sage Accounting | Startups | $10/month | |
Crunch | Access to accountants | Free plan; paid plans start at £24.50/month | |
ZipBooks | Small agencies | Free plan; $15/month | |
Kashoo | Ease of use | $30/month |
Here’s our full list of the best FreeAgent alternatives 2023:
In the following section, we'll dive into the best FreeAgent alternatives and discuss the key features that make each tool a fitting substitute. You'll discover which option is most similar to the FreeAgent CRM and learn which of these tools is best suited for freelancers, independent contractors, or small businesses.
Also, don’t forget to check out our FreeAgent accounting review, so you refresh your knowledge of the tool’s features before checking out the competitors.
And now, here are 10 good alternatives to FreeAgent:
1. Xero (best FreeAgent alternative overall)
Xero stands out as the best alternative to FreeAgent, thanks to its comprehensive cloud-based accounting solution tailored for small and growing businesses, as well as accountants. What makes it better than FreeAgent is the impressive suite of features, advanced financial reporting, and 800+ third-party app integrations.
While there isn't a free plan, there’s a 30-day trial, and the lower-tier plan is ideal for personal finance needs. Each plan includes essential accounting features like bank connections, inventory, reporting, online payments, and purchase orders.
A notable advantage of Xero is its unlimited user capacity for all plans, which means it can be a suitable solution for different types of businesses such as e-commerce, IT, legal, and retail.
Xero is best for:
Freelancers
Startups
Small businesses
Accountants and bookkeepers
Features
Bank connections
Inventory
Reporting
Accept payments
Purchase orders
Files
Sales tax
Client portal
Expenses
Projects
Multi-currency accounting
Payroll with Gusto
Pricing
Early: $25/month
Growing: $40/month
Established: $54/month
Read our Xero review
Visit Xero
2. Wave Accounting (best free FreeAgent alternative)
Wave emerges as one the best free FreeAgent alternatives that offers a completely free basic software package, with paid options for payroll and customer payments.
The free software provides unlimited income and expense tracking, bank and credit card connections, partners, collaborators, or accountants, along with the ability to send invoices, recurring invoices, and payment reminders.
Wave's remarkable ease of use makes it an ideal choice for beginners with no prior experience in accounting systems. Additionally, Wave offers a dedicated invoicing mobile app so that you can manage your finances even when on the move.
Wave Accounting is best for:
Freelancers
Self-employed contractors
Startup owners
Small business entrepreneurs
Features
Invoicing
Accounting
Banking
Payments
Payroll
Advisors
Pricing
Invoicing features: $0
Accounting features: $0
Banking features: $0
Credit card payments: starts at 2.9% + $0.60 per transaction
Bank payments: 1% per transaction
Payroll: starts at $20
Advisors: starts at $149
Read our Wave Accounting review
Visit Wave Accounting
3. Zoho Books (most similar to FreeAgent)
Zoho Books and FreeAgent are both cloud-based accounting solutions with comprehensive features, including invoicing, expense tracking, automated workflows, and financial reporting.
What makes it most similar to FreeAgent is that both platforms offer scalability, third-party integrations, and user-friendly interfaces, and cater to the business needs of small businesses and freelancers.
Zoho Books has a generous free plan that includes features such as online invoicing, estimates, online payments, multi-lingual invoicing, expenses, mileage tracking, and bank reconciliation.
The software integrates seamlessly with other Zoho products like Zoho Projects and Zoho CRM. Moreover, Zoho Books supports more payment gateway options than other accounting tools, including PayPal and Stripe.
Zoho Books is best for:
Freelancers
Self-employed
Startups
Small ecommerce businesses
Features
Invoices
Expenses
Estimates
Bills
Client portal
Banking
Online payments
Projects
Sales and purchase orders
Sales tax
Inventory
Mobile apps
Integrations
Reports
Pricing
Free
Standard: $15/month billed annually
Professional: $40/month billed annually
Premium: $60/month billed annually
Elite: $120/month billed annually
Ultimate: $240/month billed annually
Read our Zoho Books review
Visit Zoho Books
4. QuickBooks Online (good FreeAgent alternative if you need integration capabilities)
QuickBooks Online is one of the most widely-used accounting platforms for small and medium-sized businesses. We voted it as a good FreeAgent alternative for those that need a software with powerful integration capabilities.
Boasting an intuitive interface, automation, and numerous accounting features, QuickBooks Online seamlessly integrates with other QuickBooks products like Payroll, Time, and Payments.
Although it lacks a free plan, new users can enjoy a 30-day trial and 50% off the first three months on any of the four monthly plans, which range from $30 to $200.
Key features include invoicing, online payments, expenses, estimates, and reporting.
QuickBooks Online is best for:
Startups
Small businesses
Medium-sized businesses
Freelancers
Features
Invoicing
Income and payments
Expenses
Sales tax
Bill management platform
Estimates
Cash flow planner
Reports
Project profitability
Inventory management solution
Pricing
Simple Start: $15/month for the first three months, then $30
Essentials: $27.50/month for the first three months, then $55
Plus: $42.50/month for the first three months, then $85
Advanced: $100/month for the first three months, then $200
Read our QuickBooks Online review
Visit QuickBooks Online
5. myBooks (cheaper alternative to FreeAgent if you’re on a budget)
myBooks is a free online accounting software developed by the Indian company Zetran. The software is part of a broader suite of products, including myPlan (financial planning) and myStaff (Human Resources management software).
As the best cheap alternative to FreeAgent, myBooks offers a generous free plan and two paid plans priced at only $4.99 and $9.99 per month. There’s also an Enterprise plan but you have to get in touch with support for a custom quote.
The software features a comprehensive accounting dashboard with real-time financial data, including cash flow, expenses, and profit and loss projections, as well as customizable invoice templates.
myBooks is best for:
Freelancers
Startups
Small businesses
Features
Payment Integration
Multi-Division/Branch
Transactions
Profitability Analysis
Priority Support
Automatic Bank Feed
SMS Integration
Purchase Order
Android & IOS app
Pricing
Free plan
Standard, $4.99/month billed annually
Premium, $9.99/month billed annually
Enterprise, custom quote
Visit myBooks
6. Freshbooks (best for freelancers and independent contractors)
Freshbooks is a fantastic FreeAgent alternative for freelancers or independent contractors that comes with an intuitive and beginner-friendly interface. Some of its key features include invoicing, client and project management, billable time tracking, online payments, and accounting tools like accounts receivable and payable and general ledger tools.
Although there's no free version, plans range from $13.50 to $45 per month (billed annually), with a 10% discount on annual subscriptions. Freshbooks has its own payment function called WePay. The service costs 2.9% plus 30 cents per transaction.
The software also integrates with payment gateways like Stripe and PayPal.
Freshbooks is best for:
Freelancers
Self-employed
Solopreneurs
Small business owners
Features
Invoicing
Time tracking
Expenses
Clients
Payments
Projects
Estimates and proposals
Accounting and reports
Add-ons
Basic automation
Pricing
Lite: $13.50/month billed annually
Plus: $22.50/month billed annually
Premium: $45/month billed annually
Select: contact vendor for pricing
Read our Freshbooks review
Visit Freshbooks
7. Sage Accounting (good alternative for startups)
Sage Accounting is part of the Sage suite alongside other web-based products like Sage 50cloud and Sage Intacct. Small businesses can start with Sage Accounting, and from there, it's very easy to scale up and upgrade to 50cloud or Intacct if your business grows.
There are two monthly plans: Sage Accounting Start that’s geared toward self-employed and micro-businesses, and Sage Accounting that’s great for small businesses. Key features include invoicing, estimates, expenses, billing, snap receipts, accounts payable and receivable, and cash flow forecasting.
Sage Accounting is best for:
Startups
Solopreneurs
Freelancers
Features
Invoices
Billing
Snap receipts
Accounts payable
Cash flow forecasting
Purchase invoicing
Pricing
Sage Accounting Start, $10/month
Sage Accounting Standard, $25/month
Visit Sage Accounting
8. Crunch (best choice if you need access to expert accountants)
Crunch stands out from the crowd as a SaaS solution that offers a unique blend of business accounting software and in-house accounting services. The platform includes features like invoicing, expenses, banking, bank reconciliation, and online payments.
Crunch also offers additional services within paid subscriptions or for a one-time fee, such as tax relief education, tax registration assistance, and company registration. The downside is that these services are only available for UK-based businesses.
The free plan includes unlimited invoices, expense management, estimates, receipt scanning, open banking, and bank reconciliation.
Paid plans grant access to advanced features and complimentary services like unlimited accountancy support, year-end accounts, a real-time tax dashboard, a dedicated account manager, and in-app customer support.
Crunch is best for:
Freelancers
Independent contractors
Sole traders
Startups
Small businesses
UK-based businesses
Features
Invoices and quotes
Expenses
Receipt scanning
Banking
Tax and VAT
Integrations
Reporting
Ask an accountant
Company formation
Bookkeeping
Payroll
Pricing
Free: £0/month
Sole Trader Pro: £24.50+VAT/month
Limited Company Pro: £79.50+VAT/month
Limited Company Premium: £121.50+VAT/month
Small Business: £159.50+VAT/month
Read our Crunch Accounting review
Visit Crunch
9. ZipBooks (top FreeAgent replacement for small agencies)
ZipBooks earns its place as the best FreeAgent alternative for small agencies and contractors due to its easy-to-use interface, extensive features, and affordability. There’s a special "Accountant" subscription that comes with all the features small accounting agencies need to manage clients.
You can text clients directly, track time for different clients, export financial reports, edit many transactions at once, and manage clients from one main dashboard.
Features like Smart insights and Reports help you retain profitable clients, ensure timely payments, and see how you’re performing against competitors.
ZipBooks is best for:
Self-employed
Startups
SMBs
Features
Accounting
Expenses
Invoicing
Time tracking
Payments
Estimates
Projects
Contacts
Reports and insights
Integrations
Pricing
Free
Smarter: $15/month
Sophisticated: $35/month
Accountant: Contact vendor
Read our ZipBooks review
Visit ZipBooks
10. Kashoo (great FreeAgent substitute for ease of use)
Kashoo is the FreeAgent alternative with the best ease of use, designed to streamline your accounting experience. In addition to being extremely easy to navigate, you’ll also get unlimited users, online payments, inventory management, bill management, and the ability to link expenses or income to projects.
The multi-currency feature can be useful if you’re working with international clients. Kashoo provides various financial reports and statements for better business decision-making, and your clients can pay invoices online via Visa, MasterCard, and American Express.
Kashoo is best for:
Freelancers
Startups
Small businesses
Features
Invoicing and payments
Income and expenses
Bills
Reports
Bank reconciliation
Banking
Mobile app
Users and account management
Projects
Pricing
$30/month
Read our Kashoo review
Visit Kashoo
Which of the alternatives to FreeAgent is a good choice for you?
The best FreeAgent alternative for you will ultimately depend on your specific needs, budget, and preferences. While we've selected Xero as the top overall alternative, it may not be the perfect choice for everyone.
If you're a freelancer or independent contractor, consider Freshbooks for its user-friendly interface and tailored features. For those looking for a free alternative, Wave is an excellent choice, while Zoho Books is the most similar option to FreeAgent. QuickBooks Online is ideal for those who require robust integration capabilities, and myBooks is a great budget-friendly alternative.
Take the time to evaluate your requirements and explore the various options available to find the perfect accounting software to support your business's growth and success.
Don't forget to check out our comprehensive round-up guide on the best bookkeeping software and discover even more options tailored to your needs. Happy bookkeeping.