RefreshMe vs FreshBooks: Which Accounting Software Wins in 2025?

by | Last updated May 21, 2025

Winner
refreshme
8.5
  • AI Assistant
  • Identity Theft Protection
  • Privacy Management
  • Dark Web Monitoring
  • Visual Analysis
  • Free trial available
  • Paid Plans from $24.99/month
Runner Up
Freshbooks
6.5
  • Invoicing
  • Time Tracking
  • Accounting
  • Reports
  • Bookkeeping
  • Free trial available
  • Paid Plans from $10.50/month
Fahim AI 6 32

Are you struggling to pick the right accounting software for your small business or freelance work?

You’re not alone…

You need something that fits your needs.

We know how important it is, so we’re diving deep into RefreshMe vs FreshBooks

Let’s find out which accounting software wins for you!

Overview

We checked out both RefreshMe and FreshBooks to see how they work.

We looked at what each tool can do, how easy it is to use, and what it costs.

This helped us see which one might be better for different people.

Refresh me

Unlock deeper financial insights! Let’s see the difference now!

8.5out of 10

Pricing: It has a free trial. Paid plan starts at $24.99/month.

Key Features:

  • Automated Reconciliation
  • AI Assistant
  • Privacy Management
FreshBooks CTA

Ready to simplify your invoicing and get paid faster? Explore more!

6.5out of 10

Pricing: It has a free trial. Paid plan starts at $10.50/month.

Key Features:

  • Time Tracking
  • Estimates
  • Project Management

What is RefreshMe?

RefreshMe is a tool to help you track your spending.

It can help you keep your receipts in one place. 

It also helps you see where your money is going.

It tries to make expense tracking simple for everyone.  

Also, explore our favorite Refreshme alternatives…

Refresh me
RefreshMe
8.5

Unlock deeper financial insights! Refresh Me analyzes your spending and helps you save smarter.
Try it now!

Key Benefits

RefreshMe stands out with its:

  • Affordable starting price of just $10 per month.
  • Simple interface that’s easy to learn.
  • Good features for tracking expenses.
  • Basic customer relationship management (CRM) tools are included.

Pricing

  • Individual: $24.99/month
  • Couple: $44.99/month
Refresh me pricing

Pros

  • It is very easy to learn.
  • Snapping photos is quick.
  • Connecting banks saves time.
  • Support is available always.
  • They offer different plans.

Cons

  • The basic plan is for one person.
  • More features cost extra money.
  • Some users find reports basic.

What is FreshBooks?

Okay, so let’s talk about FreshBooks.

Think of it like a helper for your money stuff.

It’s made for people who run small businesses and do freelance work.

It helps you send bills (invoices), keep track of your money coming in, and see where your money is going.

It’s like having a simple way to manage your business finances.

Also, explore our favorite Freshbooks alternatives…

FreshBooks CTA
Freshbooks
6.5

Ready to simplify your invoicing and get paid faster? Over 30 million people have used FreshBooks.

Key Benefits

FreshBooks has some really cool things it does well:

  • It makes sending professional-looking invoices super easy. You can even set up automatic payment reminders!
  • Keeping track of your time is a breeze with its built-in time tracking tools. This is great if you bill clients by the hour.
  • You can easily see how much money you’re making and what you’re spending with its clear reports.
  • It lets you work with your team and share information easily.
  • FreshBooks can connect with over 100 other apps to make your work smoother.

Pricing

FreshBooks has different plans depending on what you need:

  • Lite: $10.50/month
  • Plus: $19/month
  • Premium: $32.50/month
  • Select: Talk to a consultant
freshbooks pricing

Pros

  • Invoicing is very straightforward.
  • It saves you lots of time.
  • Time tracking is very useful.
  • Bill clients for all work.
  • It is simple to understand.

Cons

  • Cheapest plan limits clients.
  • Only 5 clients on “Lite”.
  • Advanced features are limited.

Feature Comparison

Let’s look at what each software offers.

We put RefreshMe and FreshBooks side-by-side.

This helps you see which one works best for your money tasks.

1. Invoicing & Payments

FreshBooks is great for sending bills.

You can make them look nice and send them over and over.

It also helps you get paid online.

RefreshMe is more about your personal financial tracking.

It doesn’t focus on sending invoices for a business.

What is Refresh me

2. Expense Tracking

Both tools help you track what you spend.

FreshBooks lets you snap pictures of receipts and links to your bank.

This makes bookkeeping easier for businesses.

RefreshMe also connects to your bank to help you track your personal finance spending.

3. Time Tracking & Project Management

FreshBooks has tools to track your work hours.

You can then put those hours right onto a bill for your clients.

It also helps manage projects.

RefreshMe does not have these features. It is not built for business project work.

4. Budgeting & Financial Planning

RefreshMe is strong here.

It helps you set a budget and see where your money goes.

It gives you insights to improve your financial management.

FreshBooks has some basic reporting, but it’s not its main focus for personal budgeting.

5. Bank Connection & Reconciliation

Both can link to your bank accounts.

FreshBooks helps you match your bank records with your business spending.

This is called reconciliation.

RefreshMe also pulls in your bank info to give you a full picture of your accounts, similar to quicken.

FreshBooks Easy Navigation

6. Reporting & Insights

FreshBooks gives you reports about your business money, like profit and loss.

These reports help you understand your business health. 

RefreshMe offers insights into your personal financial habits and spending patterns.

7. Security & Privacy

RefreshMe puts a big focus on keeping your information safe.

It offers identity theft protection and helps remove your data from online brokers. 

FreshBooks also uses good security to protect your business data.

It helps simplify your security worries.

What to look for when choosing an Accounting Software?

Here are some extra things to think about:

  • Scalability: Can the software grow with your business?
  • Support: What kind of help is available if you have questions?
  • Ease of Use: Is it something you and your team can learn quickly?
  • Specific Needs: Does it handle the unique things your business does?
  • Security: How safe is your financial data with this software?

Final Verdict (Our Pick)

So, which one wins?

It really depends on what you need. 

If you run a small business, especially if you send out bills and track time, FreshBooks is our pick.

It’s built for that.

RefreshMe is the clear winner.

We looked at everything closely to help you decide.

We want to give you the best advice so you can pick the right tool for your money.

Choose the one that fits your life!

More of Refreshme

  • Refreshme vs Puzzle IO: Puzzle IO offers AI-powered financial planning, while Refreshme focuses on personal financial management with AI assistance.
  • Refreshme vs Dext: Dext excels in document capture and data extraction, whereas Refreshme provides a broader view of personal financial health.
  • Refreshme vs Xero: Xero offers comprehensive cloud accounting for businesses, while Refreshme emphasizes personal financial tracking and credit monitoring.
  • Refreshme vs Synder: Synder automates e-commerce financial data syncing, while Refreshme helps individuals manage spending, investments, and credit scores.
  • Refreshme vs Docyt: Docyt provides AI-driven bookkeeping and workflow automation, whereas Refreshme centers on personal financial insights and privacy management.
  • Refreshme vs Zoho Books: Zoho Books delivers online accounting for businesses, while Refreshme focuses on personal budgeting, spending, and financial analysis.
  • Refreshme vs Wave: Wave provides free accounting software for small businesses, whereas Refreshme is designed for personal financial management.
  • Refreshme vs Quicken: Both Quicken and Refreshme are personal finance software, but Refreshme includes AI assistance and credit monitoring.
  • Refreshme vs Hubdoc: Hubdoc specializes in document capture for bookkeeping, while Refreshme focuses on consolidating personal financial data.
  • Refreshme vs Expensify: Expensify automates expense report creation and management for businesses, while Refreshme helps individuals track spending and manage budgets.
  • Refreshme vs NetSuite: NetSuite is a comprehensive ERP system for businesses, while Refreshme is tailored for individual financial management.

More of FreshBooks

  • FreshBooks vs Puzzle IO: Puzzle IO excels in project and job costing, better suited for construction than FreshBooks.
  • FreshBooks vs Dext: Dext automates data entry from documents, streamlining a process that FreshBooks handles manually.
  • FreshBooks vs Synder: Synder specializes in e-commerce integrations, which is a narrower focus than FreshBooks.
  • FreshBooks vs Easy Month End: Easy Month End simplifies closing periods, but FreshBooks’ primary focus isn’t month-end closure.
  • FreshBooks vs Docyt: Docyt uses AI for bookkeeping tasks, offering more advanced automation than FreshBooks.
  • FreshBooks vs Sage: Sage has much more powerful enterprise-level accounting compared to FreshBooks’ small business focus.
  • FreshBooks vs Zoho Books: Zoho Books provides more comprehensive CRM integration, expanding accounting functions beyond FreshBooks.
  • FreshBooks vs Wave: Wave offers free basic accounting, a starting point but not as comprehensive as FreshBooks paid features.
  • FreshBooks vs Quicken: Quicken offers personal finance, while FreshBooks is business-focused, with some overlapping features.
  • FreshBooks vs Hubdoc: Hubdoc automates document gathering, improving FreshBooks’ invoice workflow, but is a separate tool.
  • FreshBooks vs Expensify: Expensify handles expense management, a subset of FreshBooks that FreshBooks handles in a different way.
  • FreshBooks vs QuickBooks: QuickBooks offers full accounting features, making it comparable to FreshBooks but with more robust options.
  • FreshBooks vs AutoEntry: AutoEntry automates data capture, enhancing data input for FreshBooks.
  • FreshBooks vs NetSuite: NetSuite provides complete ERP, well beyond the scope and accounting of FreshBooks which is not as comprehensive.

Frequently Asked Questions

Is RefreshMe good for small businesses?

No, RefreshMe is not made for small businesses. It focuses on helping individuals with their personal money. It helps with budgeting and keeping your own finances safe.

Can FreshBooks help me track my personal spending?

FreshBooks is mainly for businesses. While it tracks expenses, it’s not set up for personal budgets. It’s better for managing money coming in and out of a company.

Which software is cheaper?

RefreshMe can be cheaper for personal use, depending on the plan. FreshBooks starts at a higher price because it offers tools for businesses, like invoicing. Prices vary based on features.

Do both software connect to my bank?

Yes, both RefreshMe and FreshBooks can link to your bank accounts. This helps them get your money data automatically. It makes tracking easier for you.

Is FreshBooks hard to learn?

FreshBooks is known for being easy to use. It’s made to be simple for small business owners, even if you are new to accounting software. Many find it quick to learn.