Two powerful invoicing programs with unique pricing, team collaboration and cutting-edge features are FreshBooks and Invoice2go. Both platforms provide extensive invoicing features such as time tracking, expense tracking, estimates/quotations and custom templates. While Invoice2go offers numerous customizable templates with integrated logo design features, FreshBooks offers more than fifty expert invoice templates.
FreshBooks is better suited for service-based companies that need thorough expense documentation because it has mileage tracking features. Recurring billing automation is a feature that FreshBooks offers in all of its plans while Invoice2go only offers it in its Premium plan. In contrast to FreshBooks’ constrictive user limits, Invoice2go compensates with unlimited team members and clients on all plans.
Invoice2go takes an aggressive approach to pricing with its middle-tier Professional plan at $9.99/month offering compelling value against FreshBooks’ $15.20/month Plus plan and its starter plan, which starts at $5.99/month compared to FreshBooks’ $8.40/month.
Teams find FreshBooks’ user restriction model expensive as Plus and Premium plans cost an extra $11 per user. Invoice2go completely removes this obstacle, making it much more affordable for expanding companies and cooperative teams with unlimited team members available for all plans.
FreshBooks supports major payment gateways and connects to over 11,000 banks while Invoice2go provides specialized banking through Invoice2go Money Banking in addition to comparable payment gateway support. Both platforms provide bank connection capabilities and extensive dashboard metrics. Invoice2go has an advantage in customer service with 24-hour assistance available Monday through Saturday on Premium plans.
FreshBooks | Invoice2go | |
---|---|---|
Core Features | ||
Custom Templates | 50+ professional invoice templates | Multiple customizable templates with logo design |
Send Estimates/Quotations | Yes | Yes |
Recurring Billing Automation | Yes | Yes (Premium plan only) |
Expense Tracking | Yes | Yes |
Time Tracking | Yes | Yes |
Mileage Tracking | Yes | No |
Automated Payment Reminders | Yes | Yes |
Project-Based Billing | Yes | Yes |
Tax Handling | Yes | Yes |
User Permissions/Role Management | Yes | Yes (unlimited team members) |
File Uploads | Yes | Yes |
Pricing and Plans | ||
Free Plan Availability | No | No (30-day free trial only) |
Pricing Range | Lite: $8.40/month Plus: $15.20/month Premium: $26/month Select: Custom |
Starter: $5.99/month Professional: $9.99/month Premium: $39.99/month |
Trial Period | 30 days | 30 days |
User Limits | Lite/Plus/Premium: 1 user (+$11 per additional) Select: 2 users |
Unlimited team members on all plans |
Client Limits | Lite: 5 clients Plus: 50 clients Premium/Select: 500 clients |
Unlimited on all plans |
Storage Limits | Unlimited | Not specified |
Payment Processing Fees | 2.9% + $0.30 per transaction | Starter: 3.5% Professional: 3.0% Premium: 2.9% + 30¢ |
Ease of Use | ||
User Interface | Simple to Moderate | Simple |
Onboarding Experience | Yes | Yes |
Mobile App Availability | iOS and Android | iOS and Android |
Mobile App Functionality | Invoicing, time & expense tracking, mileage tracking | Invoicing, time tracking, payment management |
Integration | ||
Payment Gateways Supported | Stripe, PayPal, WePay, Square | Stripe, PayPal, Square, credit/debit cards |
Accounting Software Compatibility | QuickBooks, Xero (via third-party) | QuickBooks, Xero (Professional & Premium) |
CRM Integration | HubSpot, Salesforce, Pipedrive | HubSpot CRM, HaystackCRM |
API Availability | Yes | Yes |
Reporting & Analytics | ||
Bank Connections | 11,000+ banks | Yes (Invoice2go Money Banking) |
Pre-Built Financial Reports | Yes | Yes (Professional and Premium) |
Custom Report Creation | Yes | Yes |
Security & Compliance | ||
Dashboard Metrics | Yes | Yes |
Data Encryption | Yes | Yes |
GDPR Compliance | Yes | Yes |
Backup Options | Automatic | Automatic |
Customer Support | ||
Support Channels | Email, Phone, Live Chat | Email, Phone (Premium only) |
Help Center/Knowledge Base | Yes | Yes |
24/7 Support | No | Mon–Sat (Premium plan) |
Adaptability | ||
Multi-Currency Support | Yes | Yes |
Localization | Multiple languages | Yes |
Industry-Specific Customization | Limited | Yes |
Scalability | Freelancers to SMBs | Freelancers to Medium Businesses |
Read FreshBooks Review | Read Invoice2go Review |