FreeAgent vs. Kashflow

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
FreeAgent
Score 6.5 out of 10
N/A
FreeAgent is an cloud-based accounting system designed for small businesses and freelancers. FreeAgent supports many core accounting features and bank reconciliation, payroll, tax management, project level accounting, and multiple currency support. It is mobile-accessible, and integrates with many apps.
$13.50
per month
Kashflow
Score 8.0 out of 10
N/A
Kashflow is cloud-based accounting automation software from the company of the same name based in London. It is targeted to suit the needs of small businesses in the UK. Billed as being easy for non-accountants to use, with no "accounting jargon," it's core features are an intuitive dashboard with simple reporting features for giving a clear overview of a business. It automates expense management and tracks payments (with automated reminders), automates quotes, handles banking and supports…
$12.50
per month
Pricing
FreeAgentKashflow
Editions & Modules
FreeAgent
$13.50
per month
FreeAgent
$135
per year
Starter
$12.50
per month
Business
$25.50
per month
Business + Payroll
$34
per month
Offerings
Pricing Offerings
FreeAgentKashflow
Free Trial
YesYes
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional DetailsThe first six months of the subscription period are discounted for new buyers.
More Pricing Information
Community Pulse
FreeAgentKashflow
Considered Both Products
FreeAgent
Chose FreeAgent
Our clients use all of the above software providers, some of them using Xero, QuickBooks, FreshBooks, QuickFile, Kashflow, Wave App etc. FreeAgent is best one for me among the free software available as it does everything and we would not even need additional software for …
Chose FreeAgent
Xero is a product I have only used for Payroll, but which it does very well. It is more complex to use compared to FreeAgent though and in that regard harder to learn.
Chose FreeAgent
As a free software for Mettle users it is excellent choice and great value for money especially for micro businesses. It does the needed bank imports and reconciliations, however compared to more advanced products like Xero or QuickBooks it lacks the flexibility of those …
Chose FreeAgent
I have used and tested out many other systems. I was looking at Xero for my accounting system but at the time I chose FreeAgent because of the way it handles the recording of dividends and the inbuilt time recording. The others I trialed were good and many of them cheaper. …
Chose FreeAgent
I haven't used other products, I used freeagent and was so impressed that I've continued to use it and recommend to other
Chose FreeAgent
I liked FreshBooks - but the support, banking integration and other extras FreeAgent offers won me over.
Chose FreeAgent
FreeAgent was really the first product we looked at based on a personal recommendation and since we found it to be almost perfect we didn't look at the alternatives.
Chose FreeAgent
I found FreeAgent to be more user friendly and since I have no accounting background much more easy to use than QuickBooks.
Chose FreeAgent
We did start the business using Kashflow. It is good but isn't as full service as FreeAgent and does require a bit of knowledge of some accounting terms which FreeAgent doesn't.
Chose FreeAgent
FreeAgent is far easier to use and navigate.
Chose FreeAgent
I've not evaluated other products but know there are others out there.
Chose FreeAgent
Support. Any questions gets a fast and detailed response. Helpful, knowledgable and friendly people provide detailed explanations and answers to not only teach but help understanding.
Chose FreeAgent
Sage was way too complicated for my needs and not as user friendly. FreeAgent was cheaper, easier and more user friendly. Easy decision
Chose FreeAgent
I used Fresh Books for about three years prior to switching to FreeAgent. It was the accounting functionality that made the difference - in the past two years I've not regretted the switch. Fresh Books is good, but its the UK accounting features that make FreeAgent …
Kashflow
Chose Kashflow
We received an offer for a discounted license for initial use and pretty much got so used to Kashflow, that we have continued with it. There are some frustrations with it, in particular the ability to search and find information. The reporting functionality is also a bit of a …
Features
FreeAgentKashflow
Payroll Management
Comparison of Payroll Management features of Product A and Product B
FreeAgent
8.6
Ratings
11% above category average
Kashflow
6.2
Ratings
22% below category average
Pay calculation8.00 Ratings7.00 Ratings
Benefit plan administration8.50 Ratings6.00 Ratings
Direct deposit files8.90 Ratings6.00 Ratings
Salary revision and increment management8.80 Ratings6.00 Ratings
Reimbursement management8.70 Ratings6.00 Ratings
Customization
Comparison of Customization features of Product A and Product B
FreeAgent
6.7
Ratings
13% below category average
Kashflow
5.5
Ratings
33% below category average
API for custom integration4.50 Ratings6.00 Ratings
Plug-ins8.90 Ratings5.00 Ratings
Security
Comparison of Security features of Product A and Product B
FreeAgent
8.5
Ratings
2% above category average
Kashflow
6.0
Ratings
32% below category average
Single sign-on capability9.00 Ratings6.00 Ratings
Role-based user permissions8.00 Ratings6.00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
FreeAgent
6.4
Ratings
21% below category average
Kashflow
5.3
Ratings
39% below category average
Dashboards7.10 Ratings6.00 Ratings
Standard reports7.60 Ratings5.00 Ratings
Custom reports4.40 Ratings5.00 Ratings
General Ledger and Configurable Accounting
Comparison of General Ledger and Configurable Accounting features of Product A and Product B
FreeAgent
8.7
Ratings
11% above category average
Kashflow
6.3
Ratings
21% below category average
Accounts payable8.00 Ratings7.00 Ratings
Accounts receivable8.50 Ratings7.00 Ratings
Cash management8.50 Ratings7.00 Ratings
Bank reconciliation9.00 Ratings7.00 Ratings
Expense management8.90 Ratings8.00 Ratings
Time tracking9.00 Ratings00 Ratings
Fixed asset management8.60 Ratings3.00 Ratings
Multi-currency support8.10 Ratings7.00 Ratings
Multi-division support9.00 Ratings7.00 Ratings
Regulations compliance8.70 Ratings6.00 Ratings
Electronic tax filing9.10 Ratings00 Ratings
Self-service portal9.00 Ratings00 Ratings
Journals and Reconciliations8.00 Ratings6.00 Ratings
Localizations00 Ratings6.00 Ratings
Enterprise Accounting00 Ratings6.00 Ratings
Configurable Accounting00 Ratings6.00 Ratings
Centralized Rules Framework00 Ratings6.00 Ratings
Standardized Processes00 Ratings5.00 Ratings
Inventory Management
Comparison of Inventory Management features of Product A and Product B
FreeAgent
7.4
Ratings
1% above category average
Kashflow
-
Ratings
Inventory tracking7.70 Ratings00 Ratings
Automatic reordering8.20 Ratings00 Ratings
Location management4.50 Ratings00 Ratings
Manufacturing module9.10 Ratings00 Ratings
Order Management
Comparison of Order Management features of Product A and Product B
FreeAgent
8.1
Ratings
5% above category average
Kashflow
6.0
Ratings
25% below category average
Pricing8.10 Ratings00 Ratings
Order entry6.80 Ratings00 Ratings
Credit card processing8.20 Ratings6.00 Ratings
Cost of goods sold9.10 Ratings6.00 Ratings
Order exception Resolution00 Ratings6.00 Ratings
Best Alternatives
FreeAgentKashflow
Small Businesses
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 8.9 out of 10
QuickBooks Self-Employed (discontinued)
QuickBooks Self-Employed (discontinued)
Score 8.9 out of 10
Medium-sized Companies
Zoho Books
Zoho Books
Score 9.0 out of 10
Zoho Books
Zoho Books
Score 9.0 out of 10
Enterprises
Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 10.0 out of 10
Oracle Fusion Cloud Enterprise Performance Management
Oracle Fusion Cloud Enterprise Performance Management
Score 10.0 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
FreeAgentKashflow
Likelihood to Recommend
8.1
(0 ratings)
7.0
(0 ratings)
Likelihood to Renew
9.0
(0 ratings)
-
(0 ratings)
Usability
8.5
(0 ratings)
-
(0 ratings)
Availability
8.9
(0 ratings)
-
(0 ratings)
Performance
9.1
(0 ratings)
-
(0 ratings)
Support Rating
1.0
(0 ratings)
-
(0 ratings)
Implementation Rating
1.0
(0 ratings)
-
(0 ratings)
Product Scalability
8.2
(0 ratings)
-
(0 ratings)
User Testimonials
FreeAgentKashflow
Likelihood to Recommend
For micro and small business it is a great solution. The new requirements for MTD for landlords could also be met with this software. Groups and more complex businesses could not use the accounts and tax returns features, however they still could use it for bookkeeping and then export the data to other tax and accounts production software.
Read full review
Perfect for a SME, less so for larger companies with a lot of staff. A reliable application, with few outages and easy to learn how to use for a variety of staff in different positions. Mobile phone app has been bit of a disappointment. Management reporting functionality could be improved.
Read full review
Pros
  • Recurring invoices with automated follow-up is fantastic for helping to get paid on time
  • Automated bank transfers are the easiest way to ensure that I can reconcile my accounts with ease
  • Support is fantastic
  • Built-in Time tracking for projects/tasks (integration with Basecamp to get this info) is fantastic, it allows us to accurately track what we are working on and get paid for it!
Read full review
  • Ease of entering purchase data.
  • Ease of creating quotes and invoices.
  • Email integration.
Read full review
Cons
  • Reporting on financials, time tracking and project status is a little poor. It's adequate for what what we need, but would be great to see more advanced features.
  • API is quite closed so cannot integrate with our other project management tools.
Read full review
  • Can be difficult to find information within the application.
  • Some of the reporting functionality is weak.
  • Functionality for financial planning could be significantly improved upon.
Read full review
Likelihood to Renew
We have used Freeagent for many years now and it serves us well for our needs. To change it would mean a lot of work, and this would most likely only happen if the cost became prohibitive to us.
Read full review
No answers on this topic
Usability
It is a great software that does everything we need for small business clients. It allows to keep the books in a cloud from bookkeeping to accounts production and tax returns, all in one software. There are no major drawbacks and I would highly recommend it for most of our clients.
Read full review
No answers on this topic
Reliability and Availability
Based in a cloud and never had any issues with down time. I can access from any device
Read full review
No answers on this topic
Support Rating
I have never personally used support
Read full review
No answers on this topic
Implementation Rating
Did not participate
Read full review
No answers on this topic
Alternatives Considered
I used Fresh Books for about three years prior to switching to FreeAgent. It was the accounting functionality that made the difference - in the past two years I've not regretted the switch. Fresh Books is good, but its the UK accounting features that make FreeAgent indispensable to my business.
Read full review
We received an offer for a discounted license for initial use and pretty much got so used to Kashflow, that we have continued with it. There are some frustrations with it, in particular the ability to search and find information. The reporting functionality is also a bit of a disappointment. However, easy for day to day use for the staff and just about sufficient for monthly planning. Some of the integrations like Payroll are not bad.
Read full review
Return on Investment
  • Has freed up a lot of time based on my previous system of managing my invoicing and accounts through Word and Excel
  • I have an accurate day to day handle on the financial position of my business so I can manage my cashflow better
  • The inbuilt time recording against projects has saved time in creating the invoices but also tracks my profitability on the work I do
Read full review
  • Reliable system
  • Minimizes time spent training staff in use
  • Good for cash position management
Read full review
ScreenShots