FreeAgent vs. Xero: Which is Best? - Wheelhouse

FreeAgent vs. Xero: Which is Best?

FreeAgent vs. Xero Best Overall: FreeAgent

In our comparison of FreeAgent vs. Xero, FreeAgent is the best option with a higher overall Wheelhouse Score. Wheelhouse Score uses a combination of feature and pricing comparison data, average user ratings, and editorial reviews to score software vendors on a scale of 1-10.

Quick Info

FreeAgent Quick Info
WH Score:
9.1
Pricing Score:
8.2
Feature Score:
8.4
Usability Score:
9.0
Company Size:Small Business, Mid Market
Platforms:
Xero Quick Info
WH Score:
8.1
Pricing Score:
7.7
Feature Score:
7.6
Usability Score:
7.7
Company Size:All Sizes
Platforms:

Pricing

FreeAgent Pricing
FreeAgent - Accounting Software
$24
per month
Xero Pricing
Early
$15
per month
Growing
$42
per month
Established
$78
per month

Features

FreeAgent Features
  • General Ledgers
  • Invoicing & Billing
  • Estimates & Quotations
  • Receivables & Collections
  • Payment Processing
  • Billing Model Management
  • Tax Calculation & Filing
  • Tax Policy Management
  • W-2
  • W-4
  • 1094
  • 1095
  • 1096
  • 1099
  • 8974
Xero Features
  • General Ledgers
  • Invoicing & Billing
  • Estimates & Quotations
  • Receivables & Collections
  • Payment Processing
  • Billing Model Management
  • Tax Calculation & Filing
  • Tax Policy Management
  • W-2
  • W-4
  • 1094
  • 1095
  • 1096
  • 1099
  • 8974

Pros & Cons

FreeAgent Pros & Cons
Pros
  • Seamless transition from manual to digital record-keeping
  • Intuitive user interface for efficient billing processes
  • Practical Android application for on-the-go updates
  • .
Cons
  • Opportunities for feature individualization
  • Compatibility limitations with certain Windows operating systems.
Xero Pros & Cons
Pros
  • Role-based access control, 1099 tracking, time tracking capabilities, easy to use, cloud-based application .
Cons
  • Ineffective search feature.

Reviews

FreeAgent Reviews
Top Favorable Review
D
Diana
Reviewed on Jul 2, 2021

The transition from manual record-keeping to digital automation has been a game-changer. Now, I no longer need to bring a multitude of papers, folders, and invoices to my accountant. Instead, a simple report suffices. The user interface is incredibly intuitive, making billing processes a breeze.

Seamless transition from manual to digital record-keeping. Intuitive user interface for efficient billing processes. Practical Android application for on-the-go updates.

Implementing it in a medium or large company might pose challenges as it may fall short in terms of performance.

Top Critical Review
V
Violet
Reviewed on Jul 2, 2021

The clarity and control it provides, especially with the time tracking tool and multiple webinar services, are exceptional. This application consistently upholds strong and robust security within our organization.

Impressive handling of accounting and finance. Affordability across various setups. Streamlined tax installation, billing, and accounting processes.

Opportunities for feature individualization. Compatibility limitations with certain Windows operating systems.

Xero Reviews
Top Favorable Review
J
Jeff
Reviewed on Jul 2, 2021

A user-friendly cloud-based accounting program with numerous integrations with other company tools is called Xero. It is especially advantageous for small organizations that have remote workers or several offices. Xero is user-friendly and simple to teach people to use, which is why I prefer it. It also features multi-level controls and superb time-tracking capabilities. Multiple rate cards and better tool integration would enhance the projects module, though.

Role-based access control, 1099 tracking, time tracking capabilities, easy to use, cloud-based application

Reduced functionality on projects module, limited third-party integration

Top Critical Review
S
Steven
Reviewed on Jul 2, 2021

Accounting software that is comparatively simple to use for inexperienced company directors is called Xero. Businesses that are registered for VAT may find advantages in its capabilities, which include reporting and management of VAT. However, using the search tool can be tedious due to its poor quality.

Easy to use, minimal training required, VAT returns management, efficient transaction management, insightful reports

Ineffective search feature

Alternatives

FreeAgent Alternatives
Xero Alternatives
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FreeAgent vs. Xero: Detailed Comparison

FreeAgent vs. Xero Top Ratings & Reviews: FreeAgent

In our rating and review comparison of FreeAgent vs. Xero, FreeAgent has 16 user reviews and Xero has 3. The average star rating for FreeAgent is 4.5 while Xero has an average rating of 4.33. FreeAgent has more positive reviews than Xero. Comparing FreeAgent vs. Xero reviews, FreeAgent has stronger overall reviews.

FreeAgent vs. Xero Best Features & Functionality: FreeAgent

FreeAgent vs. Xero both offer a strong set of features and functionality including Accounting Features, Cash Flow Management, Tax Management, Supported Tax Forms, Workflow Automation, Reporting & Analytics, Expense Management, Payment Options, File Management, Customizable Items, Appointments/Scheduling, Reminders/Alerts, Drag-and-Drop Builders/Designers, Language & Speech, Systems/Administrative, After-Sales Service. In our feature comparison of FreeAgent vs. Xero, FreeAgent offers more of the most popular features and tools than Xero.

FreeAgent vs. Xero Best Pricing: Xero

In our pricing comparison of FreeAgent vs. Xero, Xero's pricing starts at $15/month and is more affordable compared to FreeAgent's starting cost of $24/month.

FreeAgent vs. Xero Best Usability: FreeAgent

Our comparison of FreeAgent vs. Xero shows that FreeAgent scores higher in usability for ease of use, meets requirements, quality of support. Xero scores higher in learning curve, setup & support, ease of admin, but FreeAgent has the best scores overall for system usability.

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