FreshBooks is an accounting service for small businesses. The solution enables users to send and manage invoices, track billable time and collect online payments. The vendor’s value proposition this that their solution provides a straightforward service that simplifies the billing process.
$21
per month
MYOB PayGlobal
Score 7.0 out of 10
N/A
MYOB PayGlobal is a human capital management (HCM) suite with integrated payroll module available to businesses in Australia and New Zealand, from MYOB in Melbourne.
N/A
Pricing
FreshBooks
MYOB PayGlobal
Editions & Modules
Lite
$21
per month
Plus
$38
per month
Premium
$65
per month
Select
Custom Pricing
No answers on this topic
Offerings
Pricing Offerings
FreshBooks
MYOB PayGlobal
Free Trial
Yes
No
Free/Freemium Version
Yes
No
Premium Consulting/Integration Services
No
No
Entry-level Setup Fee
No setup fee
No setup fee
Additional Details
10% discount for annual pricing.
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More Pricing Information
Community Pulse
FreshBooks
MYOB PayGlobal
Features
FreshBooks
MYOB PayGlobal
Customization
Comparison of Customization features of Product A and Product B
FreshBooks
9.1
Ratings
17% above category average
MYOB PayGlobal
-
Ratings
API for custom integration
9.30 Ratings
00 Ratings
Plug-ins
9.00 Ratings
00 Ratings
Security
Comparison of Security features of Product A and Product B
FreshBooks
10.0
Ratings
18% above category average
MYOB PayGlobal
-
Ratings
Single sign-on capability
10.00 Ratings
00 Ratings
Role-based user permissions
10.00 Ratings
00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
FreshBooks
7.5
Ratings
5% below category average
MYOB PayGlobal
-
Ratings
Dashboards
9.00 Ratings
00 Ratings
Standard reports
8.80 Ratings
00 Ratings
Custom reports
4.80 Ratings
00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
FreshBooks
7.5
Ratings
4% below category average
MYOB PayGlobal
-
Ratings
Accounts payable
8.00 Ratings
00 Ratings
Accounts receivable
9.40 Ratings
00 Ratings
Cash management
7.00 Ratings
00 Ratings
Bank reconciliation
7.00 Ratings
00 Ratings
Expense management
6.60 Ratings
00 Ratings
Time tracking
7.60 Ratings
00 Ratings
Multi-currency support
7.00 Ratings
00 Ratings
Regulations compliance
6.00 Ratings
00 Ratings
Self-service portal
9.10 Ratings
00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
FreshBooks
9.5
Ratings
21% above category average
MYOB PayGlobal
-
Ratings
Pricing
8.80 Ratings
00 Ratings
Order entry
9.30 Ratings
00 Ratings
Credit card processing
9.70 Ratings
00 Ratings
Cost of goods sold
10.00 Ratings
00 Ratings
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
FreshBooks
-
Ratings
MYOB PayGlobal
9.0
Ratings
14% above category average
Employee demographic data
00 Ratings
9.00 Ratings
Employment history
00 Ratings
9.00 Ratings
Job profiles and administration
00 Ratings
9.00 Ratings
Workflow for transfers, promotions, pay raises, etc.
00 Ratings
9.00 Ratings
Organizational charting
00 Ratings
9.00 Ratings
Organization and location management
00 Ratings
9.00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
FreshBooks
-
Ratings
MYOB PayGlobal
9.0
Ratings
12% above category average
Pay calculation
00 Ratings
9.00 Ratings
Support for external payroll vendors
00 Ratings
9.00 Ratings
Off-cycle/On-Demand payment
00 Ratings
9.00 Ratings
Direct deposit files
00 Ratings
9.00 Ratings
Salary revision and increment management
00 Ratings
9.00 Ratings
Reimbursement management
00 Ratings
9.00 Ratings
Leave and Attendance Management
Comparison of Leave and Attendance Management features of Product A and Product B
FreshBooks
-
Ratings
MYOB PayGlobal
9.0
Ratings
12% above category average
Approval workflow
00 Ratings
9.00 Ratings
Balance details
00 Ratings
9.00 Ratings
Annual carry-forward and encashment
00 Ratings
9.00 Ratings
Employee Self Service
Comparison of Employee Self Service features of Product A and Product B
FreshBooks
-
Ratings
MYOB PayGlobal
9.0
Ratings
11% above category average
View and generate pay and benefit information
00 Ratings
9.00 Ratings
Update personal information
00 Ratings
9.00 Ratings
View job history
00 Ratings
9.00 Ratings
HR Reporting
Comparison of HR Reporting features of Product A and Product B
FreshBooks
-
Ratings
MYOB PayGlobal
9.0
Ratings
18% above category average
Report builder
00 Ratings
9.00 Ratings
Pre-built reports
00 Ratings
9.00 Ratings
Ability to combine HR data with external data
00 Ratings
9.00 Ratings
Onboarding
Comparison of Onboarding features of Product A and Product B
FreshBooks
-
Ratings
MYOB PayGlobal
9.0
Ratings
13% above category average
New hire portal
00 Ratings
9.00 Ratings
Performance Management
Comparison of Performance Management features of Product A and Product B
FreshBooks
-
Ratings
MYOB PayGlobal
9.0
Ratings
14% above category average
Review status tracking
00 Ratings
9.00 Ratings
Review reminders
00 Ratings
9.00 Ratings
Multiple review frequency
00 Ratings
9.00 Ratings
Succession Planning
Comparison of Succession Planning features of Product A and Product B
FreshBooks is the perfect tool for businesses who have hundreds of clients and customers whom they invoice regularly. It removes the need to manually send invoices to clients and customers, by streamlining inputted information to create an automated invoicing system which keeps clients and customers up to date with their bills. It is also a great tool for managing expenses, especially for companies with different teams working on varying projects, ensuring these teams do not exceed the budget ceiling.
I am very likely to recommend MYOB Payglobal I would rate this as a 9. Having MYOB Payglobal has meant that our organization can expend and grow without having to consider if our systems will be able to handle increased numbers of employees, and companies. Also the WAP system allows us to change the structure if there is a structural change within the organization.
FreshBooks is pretty intuitive to use. I did have some questions when I first started using the system, but it wasn't a long learning curve.
FreshBooks provides more capability than other billing applications such as PaySimple or BlinkSale. FreshBooks does provide an easy invoicing function. It's easy to create invoices that can be sent via email or snail mail to one or more individuals (for example, the decision-maker and the accounting dept). Clients can pay online or send a check and then I note that the payment has been received. If paid by credit card, the system automatically marks the invoice paid. Your business accounts such as bank accounts can be linked to FreshBooks. Then, the system can automatically draw in expenses and will create simple P&L reports, overdue invoices, client history, etc. If you don't have inventory and complex payroll, etc. FreshBooks provides just the right level of capability to make financial tracking simple.
FreshBooks integrates with a number of credit card companies. I use Stripe, which has fees similar to Paypal, but much more reliable processing. I can accept all credit cards, including American Express, for a reasonable fee.
Pricing structure is very poor for us. $10/user per month when we have staff that comes and goes. And it's impossible to change a free contractor to a paid staff and vice-versa. This is my biggest complaint.
They only allow one admin owner user. Emails must come from that account. This is annoying, as other staff cannot log in with the same power.
The user interface is quite dated. I've made recommendations to improve it and all have been ignored. It's skinny and not fluid. Also, there is no way to link between invoices and clients.
At the current needs of our business, FreshBooks suits us perfectly - it allows online access by our accountant to the system for GST purposes, easy input of expenses and tracking of Profit and Loss statements. FreshBooks customer service is great as well - very understanding and accommodating.
It is well-built software with no significant drawbacks. It offers all the necessary futures expected from online software. However, it is not yet up there with Xero and QuickBooks regarding connections with other software and advanced reporting features. The developers work closely with accountants, and therefore, I expect further development of the software.
I think the support level for FreshBooks is on par with a 6 because the folks behind this application do a fairly good job at providing support for their customer base. I still don't think they are at an elite level when it comes to supporting but are getting there although too slow in my opinion.
There is no fluff and feature overload with FreshBooks. I can get to what I need quickly and easily. I don't have to deal with unnecessary features and fields the system considers essential. The payment features are streamlined and have lots of flexibility when receiving payments. I love FreshBooks support, and it is 100 more customer-friendly and easier to work with than its primary competitors from my experience.
MYOB was well supported in New Zealand and came highly recommended by multiple sources. It was a system that had more modules than just Payroll and HR which meant that going forward we could add modules without having to look at changing systems. The implementation of these module could be staggered as the business need arose.
Since implementing FreshBrooks, 80% of invoices created are paid in less than 30 days from the time the invoice is sent via email to the client. Prior to FreshBooks, we were mailing or hand-delivering our invoices and payment on those invoices was in the 45-90 day range.
Time tracking is done directly in FreshBooks (or through a plugin that's connected directly to FreshBooks) and is very easy to use. With this feature we're much better able to track all business activities. This has helped us to quantify the time we're spending on non-billable business-related work in addition to our billable client hours. We've been able to adjust our pricing accordingly, as well as being more efficient with our non-billable activities.
When FreshBooks online payments is set-up in your account, payments made with this method are automatically sent to your bank account. We choose between FreshBooks payments and PayPal payments in order to manage how much money stays in the PayPal account for online expenses vs. how much is transferred directly to the bank account.
As our previous system was too small to cope with the growth that the business was undertaking implementing MYOB PayGlobal meant that we could have faith that our payroll system would pay people correctly and maintain the integrity of our employee information