Since both platforms serve varying user needs and business sizes, it is essential to comprehend the distinctions between FreshBooks and Truly Small for invoicing in order to make an informed choice.
Comprehensive invoicing platforms Truly Small and FreshBooks are both appropriate for service-based businesses and provide user permission management. They each have sophisticated features like time and mileage tracking, custom templates, recurring billing automation and expense tracking.
Truly Small provides a free plan with modular pricing while FreshBooks offers a tiered subscription model with customized pricing. Both provide a 30-day trial period but for users on a tight budget, Truly Small offers a free plan.
Both Truely Small and FreshBooks are straightforward invoicing platforms. Truely Small concentrates on essential features while FreshBooks offers mobile apps and thorough onboarding experiences.
Truly Small mainly supports PayPal and Stripe with few options for custom integration whereas FreshBooks provides strong integration capabilities with numerous payment gateways and API access, connecting with accounting software and CRM platforms.
While Truly Small offers basic pre-built reports but lacks custom reporting functionality which could limit growth businesses, FreshBooks offers comprehensive financial reporting tools, 11,000 bank connections and the ability to create custom reports.
Truly Small mainly uses basic email support which may limit complex issues whereas FreshBooks provides extensive support via phone, email and live chat.
Truly Small is the best option for basic invoicing needs with affordable options while FreshBooks provides extensive features for expanding businesses.
| FreshBooks | Truly Small | |
|---|---|---|
| Core Features | ||
| Custom Templates | 50+ professional invoice templates | Yes |
| Send Estimates/Quotations | Yes | Yes |
| Recurring Billing Automation | Yes | Yes |
| Expense Tracking | Yes | Yes |
| Time Tracking | Yes | No |
| Mileage Tracking | Yes | No |
| Automated Payment Reminders | Yes | Yes |
| Project-Based Billing | Yes | Yes |
| Tax Handling | Yes, automatic tax calculations | Yes |
| User Permissions/Role Management | Yes | Yes |
| File Uploads | Yes | Yes |
| Pricing and Plans | ||
| Free Plan Availability | No | Yes |
| Pricing Range | Lite: $10.50/month Plus: $19.00/month Premium: $32.50/month Select: Custom |
Invoice: $8.99/month Expense: $8.99/month Accounting: $20/month |
| Trial Period | 30 days | 14 days |
| User Limits | Lite: 1 user Plus: 1 user (+$11/additional) Premium: 1 user (+$11/additional) Select: 2 users |
Not specified |
| Client Limits | Lite: 5 clients Plus: 50 clients Premium: Unlimited clients Select: Unlimited clients |
Not specified |
| Storage Limits | Unlimited | Not specified |
| Payment Processing Fees | 2.9% + $0.30 per transaction | Credit/Debit Card: 2.9% + $0.30 ACH: 1% per transaction |
| Ease of Use | ||
| User Interface | Simple to Moderate | Simple |
| Onboarding Experience | Yes | Basic guides |
| Mobile App Availability | Available for iOS and Android | Yes |
| Mobile App Functionality | Full invoicing, time tracking, expense management, mileage tracking | Core invoicing features |
| Integration | ||
| Payment Gateways Supported | Stripe, PayPal, WePay, Square | PayPal, Stripe |
| Accounting Software Compatibility | QuickBooks, Xero (via third-party) | CSV/Excel export |
| CRM Integration | HubSpot, Salesforce, Pipedrive | DocHub, Stripe |
| API Availability | Yes | No |
| Reporting & Analytics | ||
| Bank Connections | Yes (11,000+ bank connections) | Yes |
| Pre-Built Financial Reports | Yes | Yes |
| 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 | |
| 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 | Yes |
| Scalability | Freelancers to SMBs | Freelancers and Very Small Businesses |
| Read FreshBooks Review | Read Truly Small Review |
