As a business owner, you have a lot on your plate. You're responsible for managing your team, keeping your customers happy, and making sure your bottom line is healthy. To do all of that, you need the right tools. Two of the most popular options for small business accounting software are FreshBooks and Yardi. In this article, we'll compare the two platforms side-by-side to help you decide which one is the best fit for your business.
Ease of Use
When it comes to ease of use, both FreshBooks and Yardi get high marks. They both have clean, intuitive interfaces that make it easy to find the features you need. FreshBooks is designed specifically for small businesses, so it's especially user-friendly. Yardi, on the other hand, is a comprehensive enterprise resource planning (ERP) system that can be adapted for small businesses. If you're comfortable with accounting software and you have the time to learn a more complex platform, Yardi may be a good option for you. If you're looking for something that's quick and easy to use, FreshBooks is the way to go.
Features
FreshBooks
FreshBooks has all the features you need to manage your finances, including invoicing, tracking expenses, accepting payments, and creating reports. You can also use FreshBooks to manage your projects and clients. The platform has a built-in CRM system that lets you store contact information, track communication, and assign tasks to team members. FreshBooks also offers a time-tracking feature that makes it easy to track billable hours and ensure that you're being paid for all the work you do.
Yardi
Yardi is a comprehensive ERP system that includes features for accounting, property management, and asset management. If you're looking for a platform that can do it all, Yardi is a good option. However, the learning curve for Yardi is steeper than FreshBooks. Yardi also doesn't have as many features specifically for small businesses. If you're a small business owner who wants an all-in-one solution, Yardi may be a good fit. If you're looking for a platform that's specifically designed for small businesses, FreshBooks is a better option.
Pricing
FreshBooks and Yardi both have monthly subscription plans. FreshBooks plans start at $15 per month, while Yardi plans start at $49 per month. FreshBooks also offers a discount for annual billing, while Yardi does not. FreshBooks has a free trial period, while Yardi does not. When it comes to pricing, FreshBooks is the more affordable option.
The Bottom Line
Both FreshBooks and Yardi are good options for small business accounting software. FreshBooks is easier to use and more affordable, while Yardi is a more comprehensive platform. If you're not sure which one is right for you, we recommend trying FreshBooks first. You can always upgrade to Yardi later if you find that you need more features.