While FreshBooks and Invoicely are both basic business accounting and invoicing systems, there are differences in their target markets, features, and pricing.
Both FreshBooks and Invoicely offer the same basic invoicing features such as time tracking, expense tracking, periodic billing automation and customized templates. More than fifty expert templates, improved project-based billing and user permissions management are all provided by FreshBooks.
FreshBooks offers a premium pricing structure with a one-user plan starting at $8.40/month while Invoicely offers a free plan for startups and sole proprietors. FreshBooks is more expensive for teams but it might be within the means of professionals working alone because it charges $11 for extra users and restricts plans to one user.
FreshBooks is less suitable for growing teams because it severely limits user access while maintaining a client capacity of 500. On the other hand, Invoicely offers plans for 25 users and an infinite number of clients allowing for scalability.
FreshBooks provides significant connectivity with major payment gateways, QuickBooks and Xero as well as API availability and connections to more than 11,000 banks whereas Invoicely lacks significant third-party integrations and API access.
FreshBooks is a financial reporting powerhouse with pre-built reports that provides the ability to create custom reports and extensive bank connections. Their mobile app is fully functional on both the iOS and Android platforms. Invoicely offers a more limited iOS mobile app that is primarily focused on handling payments and invoices.
Although the user interfaces of both platforms are easy to use, FreshBooks offers more comprehensive customer support through live chat, email and phone than Invoicely, which only offers email support. Both provide knowledge bases and onboarding assistance.
Invoicely is more affordable for small businesses and independent contractors but FreshBooks is more expensive and provides more sophisticated reporting, extensive integrations and strong accounting.
| FreshBooks | Invoicely | |
|---|---|---|
| Core Features | ||
| Custom Templates | 50+ professional invoice templates | Multiple customizable templates |
| Send Estimates/Quotations | Yes | Yes |
| Recurring Billing Automation | Yes | Yes |
| Expense Tracking | Yes | Yes |
| Time Tracking | Yes | Yes |
| Mileage Tracking | Yes | Yes |
| Automated Payment Reminders | Yes | Yes |
| Project-Based Billing | Yes | No |
| Tax Handling | Yes | Yes |
| User Permissions/Role Management | Yes | Limited |
| File Uploads | Yes | Yes |
| Pricing and Plans | ||
| Free Plan Availability | No | Yes |
| Pricing Range | Lite: $8.40/month Plus: $15.20/month Premium: $26/month Select: Custom |
Free: $0/month Basic: $9.99/month Professional: $19.99/month Enterprise: $29/month |
| Trial Period | 30 days | No trial (free plan available) |
| User Limits | Lite, Plus, Premium: 1 user (+$11/additional) Select: 2 users |
Free: 1 user Basic: up to 2 users Professional: up to 10 users Enterprise: up to 25 users |
| Client Limits | Lite: 5 clients Plus: 50 clients Premium & Select: 500 clients |
Free: 3 clients Basic: 25 clients Professional: 100 clients Enterprise: Unlimited clients |
| Storage Limits | Unlimited | Not mentioned |
| Payment Processing Fees | 2.9% + $0.30 per transaction | Varies by payment gateway |
| Ease of Use | ||
| User Interface | Simple to Moderate | Simple |
| Onboarding Experience | Yes | Yes, basic guides |
| Mobile App Availability | iOS and Android | iOS |
| Mobile App Functionality | Full invoicing, time tracking, expense management, mileage tracking | Basic invoicing and payment management |
| Integration | ||
| Payment Gateways Supported | Stripe, PayPal, WePay, Square | PayPal, Stripe, and other major gateways |
| Accounting Software Compatibility | QuickBooks, Xero via third-party integrations | No |
| CRM Integration | HubSpot, Salesforce, Pipedrive | No |
| API Availability | Yes | No |
| Reporting & Analytics | ||
| Bank Connections | Yes (11,000+ banks) | No |
| Pre-Built Financial Reports | Yes | Yes, basic reports |
| Custom Report Creation | Yes | No |
| 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 support |
| Help Center/Knowledge Base | Yes | Yes |
| 24/7 Support | No | No |
| Adaptability | ||
| Multi-Currency Support | Yes | Yes |
| Localization | Multiple languages | English primarily |
| Industry-Specific Customization | Limited | No |
| Scalability | Freelancers to SMBs | Freelancers to Small Businesses |
| Read FreshBooks Review | Read Invoicely Review |
