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FreshBooks vs Oracle Hyperion Planning: Which is a better fit?

Updated on December 1st, 2024
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Summary
Key features rated by users
Features selected based on 1,217 reviews from Financial Management users.
% Fit
Missing features
Feature ratings
General Ledger
4.4
Accounting
4.5
Bank Reconciliation
4.4
Financial Reporting
4.5
Data Import/Export
NA
% Fit
Missing features
Not enough reviews
Feature ratings
General Ledger
NA
Accounting
NA
Bank Reconciliation
NA
Financial Reporting
4.4
Data Import/Export
4.0
User satisfaction
4.5
User reviews4,474
Ease of use
4.5
Functionality
4.3
Value for money
4.3
Customer support
4.4
4.3
User reviews10
Ease of use
3.7
Functionality
4.3
Value for money
3.9
Customer support
3.5
Price starts from
Monthly subscription
Free version
Free trial
--
Not provided by vendor
Free version
Free trial
Best for

FreshBooks is cloud based accounting designed exclusively for the self employed. Spend less time on frustrating paperwork and more time doing the work that gets you paid!

Not provided by vendor

User reviews
pros & cons
1 / 4
View Reviews
Not enough reviews
View Reviews
Video reviews
video-3fe4b6c6-eb47-4f6c-6531-08db92eb738f
Andrew T. S
Chief Executive Officer
4.0

Andrew T.: Hi, my name is Andrew. I'm the Chief Executive Officer at ATS Group. I give FreshBooks a rating of four. All right, so we used quite a lot of different softwares, FreshBooks being one of those softwares. Before we moved to FreshBooks, we were using a software known as Ways. We moved to FreshBooks because FreshBooks was designed to be for clients who want to do their own bookkeeping with us. Just providing them with guidance on doing so. It was more ideal for those kind of clients. FreshBooks is a pretty easy software to use. That's one of the reasons why we decided to use it for our clients who wanted to do their own bookkeeping. It's a very simple, very user-friendly. It allows for our clients to be able to do their books with little or no assistance from us, and it's quite ideal for entrepreneurs or business owners that wish to do their own accounting. Plus, they get very great support from the FreshBooks team. The process to get started using with FreshBooks was pretty simple. First of all, we were contacted by one of the reps at FreshBooks. They gave us a tutorial on the product, how it's used, the benefits of the product, and things like that. And then they guided us in setting up the product and they offer a lot of training. Their portal provides you with ongoing training and ongoing support. So the setup and use of the FreshBooks was quite easy and simple. So my advice to anybody looking for any new software, FreshBooks, or any other software out there is first of all, do your research. Read reviews such as this one right now so you can compare. Not every software is ideal for everyone, so what's ideal for me may not necessarily ideal for you, but once you compare the software, see what they offer, know the advantages, disadvantages, the pros and the cons, and that's one of the most important things to do. Then of course, all of these companies, FreshBooks included, normally give you a trial period. So you can actually try the software out. So you can do a test run and you can do side-by-side trials. So you can be using FreshBooks on one side, another accounting software on the other side. Compare both of them to see which one works best for you. And then after that you can go ahead and make a decision as to which one you want to move forward with.

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FreshBooks

6/48
  • Accounting
  • API
  • Approval Process Control
  • Audit Trail
  • Bank Reconciliation
  • Budgeting/Forecasting
  • Cash Management
  • Compliance Management
  • Configurable Workflow
  • Consolidation/Roll-Up
  • Currency Management
  • Customizable Reports
  • Dashboard Creation
  • Data Import/Export
  • Data Visualization
  • Electronic Payments
  • Financial Analysis
  • Financial Reporting
  • Fixed Asset Management
  • General Ledger
  • Investment Management
  • Invoice Management
  • Mobile Access
  • Multi-Company
  • Planning Tools
  • Predictive Analytics
  • Project Management
  • Project Time Tracking
  • Purchasing & Receiving
  • Real-Time Analytics
  • Real-Time Data
  • Real-Time Monitoring
  • Real-Time Reporting
  • Revenue Recognition
  • Risk Management
  • Tax Management
  • Transaction History
  • Transaction Monitoring
  • User Management
  • Visual Analytics
  • "What If" Scenarios
  • Workflow Management
  • Accounting Integration
  • Invoice Processing
  • Multi-Currency
  • Multi-Language
  • Projections
  • Third-Party Integrations
See All features
Hide Financial Management Software Features -

Oracle Hyperion Planning

Top Features
10/48
Show Financial Management Software Features +
FreshBooks
Deployment
  • Cloud, SaaS, Web-Based
  • Desktop - Mac
  • Desktop - Windows
  • Desktop - Linux
  • Desktop - Chromebook
  • On-Premise - Windows
  • On-Premise - Linux
  • Mobile - Android
  • Mobile - iPhone
  • Mobile - iPad
Support
  • Email/Help Desk
  • FAQs/Forum
  • Knowledge Base
  • Phone Support
  • 24/7 (Live rep)
  • Chat
Training
  • In Person
  • Live Online
  • Webinars
  • Documentation
  • Videos
Oracle Hyperion Planning
Deployment
  • Cloud, SaaS, Web-Based
  • Desktop - Mac
  • Desktop - Windows
  • Desktop - Linux
  • Desktop - Chromebook
  • On-Premise - Windows
  • On-Premise - Linux
  • Mobile - Android
  • Mobile - iPhone
  • Mobile - iPad
Support
  • Email/Help Desk
  • FAQs/Forum
  • Knowledge Base
  • Phone Support
  • 24/7 (Live rep)
  • Chat
Training
  • In Person
  • Live Online
  • Webinars
  • Documentation
  • Videos
FreshBooks
  • By FreshBooks
  • Located in Canada
  • Founded in 2004
Oracle Hyperion Planning
  • By Oracle
  • Located in United States
  • Founded in 1977
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