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Compare Abacus vs. FreshBooks

Today’s businesses require the most effective Accounting Software product to remain competitive. On this page we help you with choosing the best tool, by allowing you to assess FreshBooks and Abacus down to the very details of their individual features. You may also examine our general scoring values, which rate the software overall quality and performance. FreshBooks got a 9.8 score, while Abacus has a score of 8.8. Likewise, you may compare their general user satisfaction rating: 99% (FreshBooks) against 100% (Abacus). Bear in mind to choose the software that best answers your most urgent issues, not the software with the higher number of features. We are aware that not all companies have the time to try out a wide range of various solutions, so we came up with a list of suggestions that you may find useful. Our top selections for the Accounting Software category are: Zoho Books, Sage 50cloud, FreshBooks.
Product

Abacus

VS

FreshBooks

VS

Abacus screenshot FreshBooks screenshot
Pricing Page

Our Score

Our Score

8.8 ?

Our Score

9.8 ?

Client Satisfaction

Client Satisfaction

Client Satisfaction

100% ?

Client Satisfaction

99% ?

Pricing

Pricing

$9

$15

Price Scheme

Price Scheme

Monthly payment | Quote-based Monthly payment | Annual Subscription
Detailed Review

Detailed Review

Product Info

Product Info

Abacus is the only real-time expense management solution to reimburse your team, reconcile corporate cards, and automate your expense policy.
FreshBooks is the winner of our 2017 Best Accounting Software Award. It is a great cloud accounting app for small business that makes billing easy and effective.
Easy Links
Supported Integrations

Supported Integrations

Abacus integrates with the following business systems and applications:

  • NetSuite
  • Intacct
  • Oracle
  • QuickBooks Online
  • Sage
  • Microsoft Dynamics
  • QuickBooks Desktop
  • Xero
  • Zapier
  • Lever
  • Slack
  • Salesforce
  • Zenefits

FreshBooks integrates with the following business systems and applications:

  • Google Apps for Work
  • Gusto
  • OneSaas
  • Shopify
  • Stripe
  • Capsule
  • Acuity Scheduling
  • Partial.ly
  • hurdlr
  • You don’t need a CRM!
  • Yalla
  • 123 Form Builder
  • Revamp CRM
  • EazyBI
  • FUNDBOX
  • Zapier
  • HubSpot
  • Braintree
  • Solve
  • Zendesk
  • LiveChat
  • Automatic
  • MileIQ
  • ReceiptBank
  • Xpenditure
  • Wufoo
  • MailChimp
  • Authorize.net
  • PayPal
  • PAYMENTEVOLUTION
  • Basecamp
  • Citrix Podio
  • Bidsketch
  • Proposify
  • Blacktimer
  • Chrometa
  • ChronoMate
  • Hours
  • toggl
  • Avalara TrustFile
  • RightSignature
Phone No.

Phone No.

+1-866-303-6061
Vendor's Address

Vendor's Address

39 East 20th Street
New York, NY 10003
USA
35 Golden Avenue, Suite 105
Toronto, ON M6R 2J5
Canada
Available Features

Available Features

Abacus FEATURES

  • Accrual Accounting Sync
  • Billable Expenses
  • Custom Team and Expense Fields
  • Automated Expense Policy
  • Split/Itemize Expenses
  • Dynamic Reporting and Analysis
  • Deep Search
  • Multi-Level Approval Workflows
  • Corporate Card Dashboard
  • Accounting Software Sync
  • Re-Route for Approval
  • Nightly Direct Deposit
  • iOS and Android Mobile Apps
  • Receipt Forwarding
  • Custom Appearance
  • Connect Personal Cards
  • Smart Expense Fields
  • OCR Matching
  • Inline Communication
  • Data Export
  • Free Accountant Access
  • Full Audit Trail
  • Long Term Data Access

FreshBooks FEATURES

Online Invoicing
  • Customizing your invoice
  • Tracking Invoice Views
  • Puting Business on Auto-Pilot
  • Getting paid with deposits
  • Getting paid with credit cards
  • Customizing due dates
  • Quick discounts
  • Estimates
  • Online Payments
  • Late Payment Fees
  • Recurring Invoices & Auto Payment
  • Multi Currency & Multi Language
  • Client Portal
  • Late Payment Reminders
  • Sales Taxes
  • Client Credit
  • Track Offline Payments
  • Send Emails or Snail Mail
  • Automated Tax Circulations
  • Invoice Previews
  • Knowing when the customer has seen the invoice
Expense Tracking
  • Automatic expense import
  • Snaps
  • Tracking spending per project
  • Remember vendors
  • Tax friendly categories
  • Easy-to-read categorization
  • Attach receipts (PDF or Image)
  • Expense Report Filters
  • File import
  • Recurring Expenses
  • Assign & Rebill Expenses
Time Tracking
  • Timer
  • Team timesheets
  • Clear breakdown of the day
  • Tracking against clients and projects
  • Detailed Time entry notes
  • Automated bills for tracked hours per project
  • Project Managers
  • Track Unbilled Time
  • Different Rates for each Project
  • Generate Invoices
Projects
  • Sharing images and files
  • Collaborating with clients, contractors, and employees
  • Project due dates
  • Centralized conversations
  • Current Project overviews
Payments
  • MasterCard, Visa, and American Express
  • Quick bank deposits
  • Automatically recorded payments
  • Fees recorded as expenses
  • Single-click setup
  • Safe & secure
  • Simple payment experience
Accounting Reports & Taxes
  • Accounts Aging
  • Profit & Loss
  • Balance Sheet
  • Expense Reports
  • Item Sales
  • Sales Tax
  • Export to CSV or Excel
  • Invoice Details Reports
  • Accounts Aging Reports
  • Filters for report customization
  • Summary of outstanding revenue
  • Clear spending breakdowns
Devices Supported

Devices Supported

Windows
Linux
Android
iPhone/iPad
Mac
Web-based
Windows
Android
iPhone/iPad
Mac
Web-based
Pricing Plans

Pricing Plans

Abacus offers two enterprise pricing plans for users to choose from. Give the details a look, and select the best plan for your company:

Starter – $9/user/month

  • Minimum of 2 active users
  • Small teams with less than 50 people
  • Direct deposit reimbursements
  • Create expenses from receipt images
  • Automate your expense policy
  • Direct Integrations
  • Connects with over 16,000 card programs
  • Real-time reporting and insights
  • Multi-level approval hierarchy
  • Customize your expense fields
  • Unlimited Data Storage
  • Corporate card management and reconciliation
  • Online and live chat support

Professional – By quote

  • Custom Account Setup
  • Dedicated Account Manager
  • hands-on Training
  • API Access
  • CRM Integration
  • All Standard features

FreshBooks offers a flexible SMB and enterprise pricing scheme where plans are tailored to suit the needs of every business or small accounting team. What is more, the company offers a 30-day free trial where you can examine the features prior to choosing the most suitable plan. The difference between plans depends on the number of active clients you intend to bill, while functionalities remain the same allowing you to:

  • Customize and send unlimited invoices
  • Invoice status tracking and updates
  • Automatic late payment reminders and fees
  • Easily accept online credit card payments
  • Easily add and categorize expenses
  • Track your time by project and clients
  • Clear and simple reports and dashboards
  • Work on any device – computer, tablet or mobile
  • Data that’s 100% secured and automatically backed up

These are the pricing details for each available plan:

Lite – $15/month

  • Bill up to 5 active clients

Plus – $25/month

  • Bill up to 50 active clients

Premium – $50/month

  • Bill up to 500 active clients

Note that the company also offers discounts for annual payment.

Languages Supported

Languages Supported

English English, Dutch, Polish, Turkish, Swedish
Pricing Page

Pricing Page

Learn more about Abacus pricing Learn more about FreshBooks pricing
Prominent Customers

Prominent Customers

Pinterest, Flexport Chocosol, Giant Robot Engine, InfluAds, Mimic Interactive
Contact Email

Contact Email

hi@abacus.com info@freshbooks.com
Company Size

Company Size

Small Business | Large Enterprises | Medium Business Small Business | Freelancers
Types of Support

Types of Support

Training
Phone Live Support
Ticket Training
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Popular Alternatives

Popular Alternatives

QUICK LINKS

QUICK LINKS

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Almost as important as features and client support quality are pricing plans given by FreshBooks and Abacus. While pricing should not be the only factor it’s without a doubt a key thing to think about. You should try to find a flexible pricing package that can be adjusted to your team size and painlessly scaled up when your business expands. Make sure you don’t select pricing plans that include additional tools that you won’t find useful and always make an effort to get in touch with the vendor directly because enterprises can frequently count on special pricing. You should also give a chance to a free trial or demo of every app to spend at least some time using it. It’s a useful experience that doesn’t ask you to pay any money and gives you a reliable overview of what it feels like to work with FreshBooks and Abacus.