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FreshBooks — Get paid faster — invoicing so simple your clients actually pay on time

Invoicing & Accounting
🥇 Team Flat Rate

FreshBooks is cloud-based accounting and invoicing software built for small business owners and freelancers. It automates invoice reminders, tracks expenses, and gives you real-time visibility into who owes you money — without needing an accountant.

Best for

  • +Freelancers and small service businesses
  • +Teams needing invoicing + basic accounting
  • +Non-accountants who want simplicity

Not ideal for

  • −Inventory-heavy businesses
  • −Companies needing advanced payroll
  • −Large enterprises with complex multi-entity accounting

Illustrative Case Study

Based on realistic usage patterns and typical results reported by users — not a verified customer story. Numbers are illustrative.

✗

The Problem

A freelance designer was sending invoices manually in Word, following up by email when clients were late, and losing track of which invoices were paid. 30% of invoices were paid late — some by 60+ days.

→

The Solution

Switched to FreshBooks ($19/mo). Automated invoice reminders went out at 7, 14, and 30 days overdue. Online payment via credit card was added to every invoice. Setup: 1 hour.

✓

The Result

Late payments dropped from 30% to 8% within 60 days. Average payment time went from 34 days to 11 days. Cash flow improved by ~$3,200/mo.

💡 ROI Estimate: Cost: $19/mo. Recovered cash flow: $3,200/mo. ROI: 168x.

— Frequently asked questions about FreshBooks

Is FreshBooks good for small businesses?+
Yes. FreshBooks is specifically designed for small businesses and freelancers. It handles invoicing, expense tracking, time tracking, and basic accounting without the complexity of QuickBooks.
FreshBooks vs QuickBooks: which is better?+
FreshBooks is easier to use and better for service-based businesses. QuickBooks offers more advanced accounting features and is better for inventory-heavy businesses.
Does FreshBooks have a free plan?+
No, but FreshBooks offers a 30-day free trial. Plans start at $19/mo for the Lite plan which includes up to 5 billable clients.
Can FreshBooks handle payroll?+
FreshBooks integrates with Gusto for payroll processing. It doesn't have built-in payroll, but the integration is seamless and keeps everything in one ecosystem.
Browse all Invoicing & Accounting tools →

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💰 Your ROI Calculator

Personalize the estimate — what's your time worth?

$/hr

FreshBooks saves ~8 hrs/mo on invoicing, receipts, and bookkeeping.

Time value (8 hrs × $50)$400/mo
Tool cost−$19/mo
Net monthly savings$381/mo
ROI multiple21x return

* Estimate based on typical usage. Your actual results will vary.

Pricing

Starting from$19/mo (Lite)
✓ 30-day free trial

Quick facts

CategoryInvoicing & Accounting
Headquarters🇨🇦 Canada
◆5.0/ 5.0Boring Score

💡 Cost: $19/mo. Recovered cash flow: $3,200/mo. ROI: 168x.

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