Software Alternatives, Accelerators & Startups

Prosaic App VS FreshBooks

Compare Prosaic App VS FreshBooks and see what are their differences

Prosaic App logo Prosaic App

Prosaic for sole traders and SMBs securely connects to personal bank, card & mortgage accounts, using OpenAI GPT to find GST and income tax deductions.

FreshBooks logo FreshBooks

The ideal accounting software for small business owners.
Visit Website
  • Prosaic App Landing page
    Landing page //
    2023-07-17

Prosaic is a revolutionary tool designed to streamline and optimize the accounting process for business owners. It addresses the problem of tracking and claiming tax deductions for transactions that are not typically captured in business accounts, such as home office expenses, travel costs, software purchases, and industry-specific expenses. These often overlooked transactions can add up to significant tax deductions. Prosaic automates the process of identifying, tracking, and claiming these expenses, by automatically finding them from their personal bank, credit card and mortgage accounts, then using GPT to identify and calculate comon deductions, reducing the burden on business owners and ensuring they take full advantage of potential tax savings. It integrates seamlessly with existing accounting software and uses artificial intelligence to navigate the complex world of tax deductions. Prosaic simplifies accounting, ensuring no deduction opportunity goes unnoticed.

  • FreshBooks Landing page
    Landing page //
    2021-11-01

Prosaic App

Pricing URL
-
$ Details
paid Free Trial NZ$100.0 / Monthly (Accounting Edition, 20 users incl (+$5/m/user))
Release Date
-

FreshBooks

$ Details
paid Free Trial $15.0 / Monthly (5 Billable Clients)
Release Date
2003 January
Startup details
Country
Canada
State
Ontario
City
Toronto
Founder(s)
Michael McDerment
Employees
250 - 499

Prosaic App videos

No Prosaic App videos yet. You could help us improve this page by suggesting one.

+ Add video

FreshBooks videos

FreshBooks Review and Pricing for 2019

More videos:

  • Review - Freshbooks Review: Pros, Cons, and Alternatives
  • Review - FreshBooks Review and Getting Started
  • Review - Freshbooks Review (in 2020)
  • Review - Freshbooks Review - What I think after 2 years of using Freshbooks
  • Review - QuickBooks vs FreshBooks (in 2021)
  • Review - Freshbooks Review (Why I left 🤦 and came Back 😃 in 2022)
  • Review - QuickBooks vs FreshBooks - Which One Is Winner? (2022)

Category Popularity

0-100% (relative to Prosaic App and FreshBooks)
Accounting & Finance
3 3%
97% 97
Accounting
0 0%
100% 100
Tax And Compliance Software
Bookkeeping
0 0%
100% 100

Questions and Answers

As answered by people managing Prosaic App and FreshBooks.

What makes your product unique?

Prosaic App's answer

We leverage open banking technology and generative LLMs to help users discover and classify tax deductible expenses from personal banking data.

Why should a person choose your product over its competitors?

Prosaic App's answer

because it is intuitive, user friendly, and solves a common problem in a novel way

How would you describe your primary audience?

Prosaic App's answer

accountants and book keepers who work with large numbers of clients, and don't like to spend time chasing them for random tax deductions

What's the story behind your product?

Prosaic App's answer

The founders were early employees at a successful startup Vend, and later worked at Xero and Vend. They have been using accounting software for over a decade but this was one of the last manual processes in an otherwise automated workflow. So they designed the product to solve their own needs, then recognised an opportunity to solve it for others too

Which are the primary technologies used for building your product?

Prosaic App's answer

AWS, Open Banking, OpenAI

Who are some of the biggest customers of your product?

Prosaic App's answer

We're early stage, but already winning some medium sized accounting firms in New Zealand

User comments

Share your experience with using Prosaic App and FreshBooks. For example, how are they different and which one is better?
Log in or Post with

Reviews

These are some of the external sources and on-site user reviews we've used to compare Prosaic App and FreshBooks

Prosaic App Reviews

We have no reviews of Prosaic App yet.
Be the first one to post

FreshBooks Reviews

Top 9 NetSuite Alternative Software for Professional Services
Like Xero and QuickBooks, FreshBooks can be a good alternative to NetSuite for users looking for essential financial features. It’s an affordable option for streamlining financial processes and client billing. However, a notable downside frequently mentioned in reviews is issues with customer support, especially response times.
Source: productive.io
5 Best Alternatives to QuickBooks Accounting Software
FreshBooks has three pricing plans with monthly charges ranging from $15 to $55, depending on the number of clients and required features. It also features a custom plan for large businesses. The company periodically offers discount promotions as well, availing its pricing tiers for up to 50% off the nominal cost. FreshBooks’s costs and plans are quite similar to those of...
The 8 Best QuickBooks Alternatives for Small Businesses
FreshBooks requires little in the way of setup, so you can be up and running in minutes. It is best suited for freelancers and sole proprietors. FreshBooks offers a self-employed plan, along with a teams plan for small businesses with multiple users. As an added bonus, FreshBooks includes a highly intuitive interface that even computer novices will be comfortable with.
Source: www.fool.com
7 Best QuickBooks Alternatives for Small Businesses
If you’re worried about getting stuck on an issue with the software and having to wade through pages of online FAQs to try to solve the problem yourself, don’t be. FreshBooks has excellent customer-service associates who respond quickly to your questions, often replying to emails within 90 minutes and to phone calls within three rings.
Source: www.fundera.com
20 best accounting software tools
If you’re looking for a free alternative to the more expensive accounting tools such as QuickBooks and FreshBooks, you can try Wave Accounting – you’ll get a cost-effective invoicing and accounting app that allows card processing and handling payroll.
Source: clockify.me

Social recommendations and mentions

Based on our record, FreshBooks seems to be more popular. It has been mentiond 3 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Prosaic App mentions (0)

We have not tracked any mentions of Prosaic App yet. Tracking of Prosaic App recommendations started around Jul 2023.

FreshBooks mentions (3)

  • How do your employees/subcontractors track time?
    Do you want to tie contractor's logged time to specific clients and projects? I was using a PHP application installed on my own server for years and the developer seems to have all but abandoned it so I've been looking for alternatives. I'm currently testing out Freshbooks and after about a month using it, here are my observations:. Source: over 1 year ago
  • How to bill your clients?
    Take a look at dubsado.com and freshbooks.com for ideas. Source: over 1 year ago
  • Good time tracking/invoice software
    Maybe try freshbooks.com, been using them with a company we do business with and hasn't let me down. Also looks like they have time tracking software. Source: almost 3 years ago

What are some alternatives?

When comparing Prosaic App and FreshBooks, you can also consider the following products

Expensify - Import expenses directly from a credit card to create free expense reports quickly. Approve reports online and reimburse directly to a checking account with one click.

Xero - Xero is online accounting for your small business.

Dext - Receipt Bank converts key information from your bills, receipts and invoices into data you and your company can use! No obligation Free Trial available.

QuickBooks - Business runs better with QuickBooks, the #1 accounting solution for small business.

Kirmada - Work easier and boost your revenue and profits with Kirmada. This is how Workspaces are *meant* to be! Efficient, time-tracked, socially integrated and shareable. All with no learning curve.

Zoho Books - Smart Accounting for Growing Business