18 Best FreeAgent Alternatives Reviewed In 2024
Best FreeAgent Alternatives Shortlist
Here's my pick of the 10 best software from the 18 tools reviewed.
Our one-on-one guidance will help you find the perfect fit.
Financial management is challenging. With countless reports, compliance requirements, and more, you need software that makes your job easier, not harder. While FreeAgent is a valuable accounting software, you may require a solution with more features, better integration, or tailored insights.
In my experience, different accounting software can offer unique benefits that align better with your business's goals. As a result, I’ll guide you through my top picks for FreeAgent alternatives. Each solution offers something distinct to address your pain points and enhance your financial management.
Stick with me, and I'll provide an unbiased, well-researched review to help you make an informed decision. Your team's financial success might just be a software switch away.
Need expert help selecting the right tool?
With one-on-one help, we guide you to your top software options. Narrow down your software search & make a confident choice.
What Is FreeAgent?
FreeAgent is an accounting software designed to simplify financial management for small businesses and freelancers. It's commonly used by independent professionals and small business owners who need a straightforward way to handle their finances.
The software offers key features like invoicing, expense tracking, and project management capabilities to help you manage your business finances efficiently. Overall, FreeAgent offers value by making it easier for you to focus on growing your business rather than getting bogged down in accounting tasks.
Why Look for a FreeAgent Alternative?
Although FreeAgent is a strong accounting software, there are a number of reasons why some users seek out alternative solutions. You might be looking for a FreeAgent alternative because…
- You need more advanced reporting tools
- Your business is expanding beyond its geographic availability
- You want better integration with other software
- Your team requires multi-currency support
- You need more customization options
- You're seeking lower-cost options for small teams
If any of these sound like you, you’ve come to the right place. My list contains several accounting software options that are better suited for teams facing these challenges.
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Best FreeAgent Alternatives Summary
This comparison chart summarizes pricing details for my top FreeAgent alternative selections to help you find the best one for your budget and business needs.
| Tools | Price | |
|---|---|---|
| Zoho Books | From $15/month (billed annually) | Website |
| BQE Core | Pricing upon request | Website |
| Vyapar | From $79/year | Website |
| KashFlow | From $1.46/month | Website |
| Crunch | From $18.85/month + VAT p/m | Website |
| Wave Accounting | From $16/month (billed annually) | Website |
| ZipBooks | From $15/month (billed annually) | Website |
| Instabooks | From $20/user/month (billed annually) | Website |
| Akaunting | From $8/month (billed annually) | Website |
| Xero | From $1.40/month | Website |
Compare Software Specs Side by Side
Use our comparison chart to review and evaluate software specs side-by-side.
Compare SoftwareBest FreeAgent Alternatives Reviews
Below are my detailed summaries of the best FreeAgent alternatives that made it onto my shortlist. My reviews offer an in-depth look at the key features, pros & cons, integrations, and ideal use cases of each tool to help you find the best one for you.
Zoho Books is an online accounting software designed for small businesses and freelancers. It helps users manage invoicing, expenses, and inventory efficiently.
Why it's a good FreeAgent alternative: Zoho Books offers integrated inventory management, which is a step up if you need to track stock levels alongside your accounting tasks. It features automated workflows that save you time by minimizing manual tasks. The multi-currency support is also ideal for businesses dealing with international clients, while its advanced reporting tools help you gain deeper insights into your financial health.
Standout features & integrations:
Features include automated bank feeds, which keep your transactions up-to-date, a recurring invoice feature that simplifies billing for repeat clients, and payment reminders to ensure timely payments from your customers.
Integrations include Zoho CRM, Zoho Projects, Slack, PayPal, G Suite, Office 365, Stripe, Zapier, Square, and Twilio.
Pros and cons
Pros:
- Recurring billing options
- Multi-currency support
- Automated workflows
Cons:
- Basic mobile app features
- Complex for beginners
BQE Core is a business management software designed for professional service firms. It helps with time tracking, billing, and project management.
Why it's a good FreeAgent alternative: BQE Core excels in managing project-based businesses, providing comprehensive tools for tracking project time and expenses. The software offers strong project accounting features that ensure you have a clear view of project costs. Its smart reporting also lets you analyze project performance in real-time, while the ability to customize workflows allows you to tailor services to fit your unique needs, enhancing productivity.
Standout features & integrations:
Features include a centralized dashboard that provides an overview of all your business activities, an expense tracking tool that helps you manage costs effectively, and a billing and invoicing feature to ensure timely payments from clients.
Integrations include QuickBooks, Xero, MYOB, Dropbox, Google Drive, Amazon Web Services, Microsoft Azure, Salesforce, Stripe, and PayPal.
Pros and cons
Pros:
- Real-time project reporting
- Customizable workflows
- Strong project accounting features
Cons:
- Complex setup process
- Steeper learning curve
Vyapar is a business accounting and inventory management software tailored for small businesses in India. It helps users with billing, GST filing, and inventory tracking.
Why it's a good FreeAgent alternative: Vyapar offers specialized features for Indian GST compliance, making it a great choice if you need to handle tax-related tasks efficiently. The software includes automatic GST calculations, ensuring your tax filings are accurate and timely. Its inventory management capabilities also help you keep track of stock levels and manage purchase orders effectively. Additionally, you may further benefit from the billing feature, which lets you create professional invoices quickly.
Standout features & integrations:
Features include detailed financial reports that allow you to monitor your business's financial health, an expense management tool that helps you track and categorize costs, and a barcode scanner feature to speed up inventory management tasks.
Integrations include Tally, Amazon, Flipkart, Paytm, Google Drive, WhatsApp, Razorpay, Instamojo, Cashfree, and PayPal.
Pros and cons
Pros:
- Quick billing and online invoicing
- Effective inventory tracking
- Automatic GST calculation
Cons:
- No payroll feature
- Limited to Indian market
Kashflow is an online accounting tool designed for small businesses and freelancers in the UK. It offers features for invoicing, payroll, and VAT management.
Why it's a good FreeAgent alternative: Kashflow specializes in UK VAT management, making it ideal if you need to handle VAT tasks efficiently. The software automates VAT calculations and submissions, reducing manual errors. Its invoicing feature also allows you to create and send customized invoices quickly. Additionally, Kashflow offers payroll management, helping you handle employee online payments with ease.
Standout features & integrations:
Features include a user-friendly dashboard that provides a clear overview of your finances, a budget planner to help your team manage and plan financial resources effectively, and an expense tracking tool to keep track of business costs.
Integrations include PayPal, GoCardless, Stripe, Dropbox, Shopify, Capsule CRM, Mailchimp, Microsoft 365, Receipt Bank, and Zapier.
Pros and cons
Pros:
- Customizable invoicing options
- Easy payroll management
- Automated VAT calculations
Cons:
- Basic mobile app features
- Limited to UK regulations
Crunch is an online accounting software tailored for freelancers, contractors, and small businesses. It provides invoicing, expense tracking, and tax filing services.
Why it's a good FreeAgent alternative: Crunch offers unlimited expert advice from accountants, which is a significant advantage if you need tailored financial guidance. The software includes built-in tax filing, so you can easily manage your taxes without extra hassle. Its real-time financial reporting also helps you keep track of your business's financial health. Additionally, Crunch's user-friendly interface makes it simple for you to handle your accounting tasks efficiently.
Standout features & integrations:
Features include automated invoice reminders, which help you ensure timely payments, an expense categorization tool that simplifies tracking and managing your expenses, and a VAT management feature, which streamlines handling VAT returns.
Integrations include FreeAgent, Xero, QuickBooks, Sage, PayPal, GoCardless, Tide, Starling Bank, Barclays, and HSBC.
Pros and cons
Pros:
- Real-time financial reporting
- Built-in tax filing
- Expert accounting advice
Cons:
- Not suitable for large enterprises
- Limited customization options
Wave Accounting is a free accounting software designed for small businesses and freelancers. It assists users with invoicing, expense tracking, and financial reporting.
Why it's a good FreeAgent alternative: Wave Accounting provides strong invoicing capabilities tailored for small business needs. The software allows you to create unlimited customizable invoices without additional costs. You can also easily track expenses and see your cash flow in real-time. Additionally, its financial reporting tools offer insights to help you make better business decisions.
Standout features & integrations:
Features include receipt scanning, which lets you digitize and organize expenses efficiently, a payroll management tool that simplifies handling employee payments, and automated reminders to ensure timely invoice payments.
Integrations include PayPal, Etsy, Zapier, Shoeboxed, Stripe, Google Sheets, QuickBooks, Shopify, Square, and HubSpot.
Pros and cons
Pros:
- Real-time cash flow tracking
- Unlimited customizable invoices
- Free invoicing capabilities
Cons:
- Basic mobile app functionality
- Limited advanced features
ZipBooks is an accounting software designed for small businesses, startups, sole traders, and freelancers, offering easy financial management and invoicing. It's ideal for users who need straightforward tools to handle billing and expenses efficiently.
Why it's a good FreeAgent alternative: ZipBooks excels in time-saving invoicing, making it easier for you to manage billing with features like automatic invoice reminders and customizable templates. It offers real-time financial insights with its smart tagging system, letting you categorize expenses quickly. You can also use the automatic payment reminders to ensure payments are timely.
Standout features & integrations:
Features include intuitive time tracking, a built-in project management tool, insightful business health scores, the ability to track billable hours easily, and project management capabilities which allow you to manage tasks and deadlines within the same platform.
Integrations include Google Drive, PayPal, Slack, Trello, Asana, Gusto, Stripe, Zapier, Square, and Google Sheets.
Pros and cons
Pros:
- Automatic payment reminders
- Real-time financial insights
- Smart expense categorization
Cons:
- Not ideal for large enterprises
- Limited advanced features
Instabooks is an accounting software designed for small businesses and freelancers. It provides features for invoicing, expense tracking, and basic bookkeeping.
Why it's a good FreeAgent alternative: Instabooks offers cost-effective bookkeeping solutions, ideal for those looking to manage finances without breaking the bank. The software includes automated invoicing, saving you time by reducing manual entries. Its simple expense tracking feature also helps you easily categorize and manage costs. Plus, you can take advantage of its financial reporting tools to gain insights into your business's performance.
Standout features & integrations:
Features include a user-friendly dashboard that gives you a clear view of your financial status, a tax management tool that simplifies preparing and filing taxes, and a budget planner to keep your finances on track.
Integrations include Stripe, PayPal, Shopify, WooCommerce, Xero, QuickBooks, MYOB, Square, Zoho Books, and FreshBooks.
Pros and cons
Pros:
- Simple expense tracking
- Automated invoicing feature
- Cost-effective for small businesses
Cons:
- Limited support options
- Requires internet access
Akaunting is a free, open-source accounting software aimed at small businesses and freelancers. It helps users manage their finances by offering invoicing, expense tracking, and financial reporting.
Why it's a good FreeAgent alternative: As an open-source solution, Akaunting lets you customize the software to fit your specific needs without licensing fees. You can access your financial data anywhere with its cloud-based system, which is ideal for remote teams. The multi-user feature also allows your team to collaborate efficiently. Additionally, it supports multiple languages, making it accessible for international users.
Standout features & integrations:
Features include budget management, which helps you keep track of your spending, a customer management tool that allows you to maintain detailed client profiles, and a vendor management feature to organize supplier information efficiently.
Integrations include PayPal, Stripe, Authorize.Net, Mollie, Payza, PayUmoney, Razorpay, CoinGate, Cashfree, and Flutterwave.
Pros and cons
Pros:
- Cloud-based access
- Open-source flexibility
- Fully customizable
Cons:
- Limited advanced features
- Requires technical setup
Xero is a web-based accounting software solution designed for small to medium-sized businesses. It helps users manage invoicing, bank reconciliation, and payroll efficiently.
Why it's a good FreeAgent alternative: Xero offers real-time finance management, providing up-to-date financial information whenever you need it. The software's dashboard gives you a clear overview of your cash flow, ensuring you're always informed. With its automation features, like bank reconciliation, you can also save time on daily tasks. Plus, Xero’s reporting tools allow you to generate detailed financial reports, helping you make informed business decisions.
Standout features & integrations:
Features include customizable invoices, which let you tailor billing to your brand, an expense tracking feature that helps your team manage costs effectively, and an inventory management tool to keep track of stock levels.
Integrations include PayPal, Stripe, Square, Gusto, Shopify, HubSpot, Mailchimp, Vend, WorkflowMax, and Expensify.
Pros and cons
Pros:
- Automation of repetitive tasks
- Strong reporting capabilities
- Real-time financial updates
Cons:
- Occasional updates required
- Limited offline access
Other FreeAgent Alternatives
Here are some additional FreeAgent alternatives that didn’t make it onto my shortlist, but are still worth checking out:
- Sage Intacct
For AI-driven automation
- QuickBooks Online
For streamlining financial processes
- Odoo Accounting
For customizable workflows
- Budgyt
For budgeting and forecasting
- HoneyBook
For creative industry professionals
- Netgain
For cloud-based hosting services
- NetSuite Cloud Accounting Software
For large-scale enterprise solutions
- Keeper
For team collaboration features
FreeAgent Alternatives Selection Criteria
When selecting the best FreeAgent alternatives to include in this list, I considered common buyer needs and pain points for accounting solutions, including scalability and integration capabilities. I also used the following framework to keep my evaluation structured and fair:
Core Functionality (25% of total score)
To be considered for inclusion in this list, each solution had to fulfill these common use cases:
- Manage invoicing
- Track expenses
- Generate financial reports
- Handle payroll processing
- Support tax filing
Additional Standout Features (25% of total score)
To help further narrow down the competition, I also looked for unique features, such as:
- Multi-currency support
- Automated workflows
- Inventory management
- Industry-specific templates
- Advanced analytics
Usability (10% of total score)
To get a sense of the usability of each system, I considered the following:
- Intuitive interface
- Easy navigation
- Customizable dashboards
- Mobile app availability for iOS and Android
- Fast system performance
Onboarding (10% of total score)
To evaluate the onboarding experience for each platform, I considered the following:
- Availability of training videos
- Access to interactive product tours
- Presence of webinars
- Availability of templates
- Use of chatbots for guidance
Customer Support (10% of total score)
To assess each software provider’s customer support services, I considered the following:
- 24/7 support availability
- Multiple contact options
- Response time
- Quality of support resources
- Availability of a help center
Value For Money (10% of total score)
To evaluate the value for money of each platform, I considered the following:
- Pricing transparency
- Range of pricing plans
- Features included in each plan
- Cost compared to competitors
- Discounts for long-term contracts
Customer Reviews (10% of total score)
To get a sense of overall customer satisfaction, I considered the following when reading customer reviews:
- Overall satisfaction rating
- Commonly mentioned pros
- Commonly mentioned cons
- Frequency of updates
- Comparison to competitors
FreeAgent Alternatives Key Features
Here are some of the key features of FreeAgent to help you determine which components your alternative will require:
- Estimates and Invoicing: Create and track professional estimates and invoices, making billing easy for you and your team.
- Expense Management: Easily upload and manage receipts via mobile, helping you keep track of business expenses.
- Time Tracking: Use the built-in stopwatch and timesheets for accurate time recording, ensuring you bill your hours correctly.
- Dashboard: Monitor cash flow and tax deadlines at a glance, giving you a clear overview of your financial status.
- Banking Integration: Automatically import transactions by connecting your bank accounts, reducing manual data entry.
- Project Management: Get an overview of income, expenses, and profitability for each project, helping you manage your business finances effectively.
What Next?
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