Side-by-side record

FreeAgent vs. Invoiced

A side-by-side view of the product records we have today. Use it to narrow the question, then confirm current pricing, limits, and security details with each vendor.

The short version

FreeAgent starts at £10 per seat, versus Invoiced at $100. Invoiced carries the higher aggregate rating (9.2/5 vs 4.5/5).

Full comparison

	FreeAgentfrom £10 per month	Invoicedfrom $100 per month
Audyense Score	78ASStrong	29AS*Low
Positioning	Accounting software for every small business	Invoiced is a cloud-based, accounts receivable automation software that helps businesses automate collections and streamline payments.
Free tier	No	Yes
Deployment	Cloud / SaaS	Cloud / SaaS
Best fit	Startup, SMB	Startup, SMB, Mid-market
Pricing plans	Landlords£10 Sole Trader£19 Partnership / LLP£27 Limited Company£33	Free or entry planFree Higher tiersCustom pricing
General ledger & accounting	YesFull double-entry accounting with general ledger and journal entries.	—
Accounts payable & bill pay	PartialRecord and track bills/expenses; no full AP automation or approval workflows.	—
AI features	PartialRadar intelligent insights/reminders and Smart Capture receipt OCR.	—
Bank reconciliation	YesAutomatic Open Banking feeds with guess-and-explain reconciliation.	—
Corporate cards	NoNo native corporate card issuing.	—
Expense management	YesExpense and mileage tracking with receipt capture via mobile app.	—
Financial reporting	YesP&L, balance sheet, cashflow, trial balance and tax reports.	—
Invoicing & billing	YesRecurring invoices, estimates, automatic reminders and online payment (Stripe/PayPal/GoCardless).	—
Multi-currency	PartialSupports foreign-currency invoices and bank accounts; less extensive than some global peers.	—
Public API	YesPublic developer API and OAuth for third-party integrations.	—
Invoicing & Billing Management Features:	—	YesDocumented in the independently researched profile.
Invoiced A/R Management Dashboard	—	YesDocumented in the independently researched profile.
Automated dunning with Smart Chasing	—	YesDocumented in the independently researched profile.
Invoice delivery via email	—	YesDocumented in the independently researched profile.
text and print/mail	—	YesDocumented in the independently researched profile.
Email and invoice view tracking	—	YesDocumented in the independently researched profile.
Payment Plans	—	YesDocumented in the independently researched profile.
Estimates and customer approvals	—	YesDocumented in the independently researched profile.
Deposit and prepayment collection	—	YesDocumented in the independently researched profile.
Assignment and tracking of A/R team tasks	—	YesDocumented in the independently researched profile.
Email template customization	—	YesDocumented in the independently researched profile.
Advanced subscription and metered/usage billing	—	YesDocumented in the independently researched profile.
Custom invoice and statement templates	—	YesDocumented in the independently researched profile.
Consolidated invoicing	—	YesDocumented in the independently researched profile.
Integrations verified	100+	—
Aggregate rating	4.5 · 177 reviews	9.2 · No reviews yet
Integrations	StripePayPalGoCardlessZapierMakeDext+10 more	—
Security & compliance	ISO 27001ISO 27017ISO 27018Cyber Essentials Plus+2 more	—
Pros	Easy to set up and use, especially for non-accountants Comprehensive invoicing with automatic reminders and online payment collection Direct HMRC connectivity for VAT/MTD, Self Assessment and Corporation Tax Rated easier to use, set up and administer than heavier suites like Sage 50cloud	Independent review documents a concrete business workflow Documented capability: Invoicing & Billing Management Features: Documented capability: Invoiced A/R Management Dashboard Documented capability: Automated dunning with Smart Chasing Documented capability: Invoice delivery via email
Cons	Can be considered expensive for sole traders relative to the feature use Some users find certain workflows unintuitive, e.g. marking invoices as paid / changing invoice status UK-only tax focus limits usefulness for businesses trading under other tax regimes Multi-currency support is more limited than some international competitors	Pricing and usage limits should be checked against the exact plan Implementation effort depends on the team's data and process maturity Reported outcomes should be validated with the buyer's own data
	Visit FreeAgent ↗	Visit Invoiced ↗

Editorial read of this comparison

The table summarizes structured facts; this section explains what the differences mean for a real buying decision.

Where each tool fits, and where it may not

FreeAgent

FreeAgent is UK-focused cloud accounting software for freelancers, small businesses, landlords and accountants/bookkeepers. It combines invoicing, expenses, banking with automatic feeds, projects and time tracking, payroll, and HMRC-connected tax filing (VAT/MTD, Self Assessment, Corporation Tax). Founded in Edinburgh in 2007, it has been owned by NatWest Group since 2018.

A particularly good fit for: UK freelancers, contractors and micro-businesses needing self-assessment and MTD-ready accounting Small limited companies wanting invoicing plus HMRC tax filing in one place Accountants and bookkeepers managing multiple small UK clients from one dashboard

May be a poor fit if: Businesses outside the UK tax system (it is built around HMRC, not US/other GAAP) Mid-market or enterprise finance teams needing advanced AP automation, corporate cards or deep multi-entity accounting

Invoiced

Invoiced is a cloud-based, accounts receivable automation software that helps businesses automate collections and streamline payments. If you’re a boutique service firm with a recurring revenue business model or a startup with only a few employees in your billing department, Invoiced can be an excellent option to automate repetitive tasks so your accounting team can focus on more work-intensive financial processes. Mid-sized and large companies such as SaaS enterprises can also benefit from the platform’s customizable features fit for high volume billers who want to make monthly billing effortless. Specifically, billing managers or specialists can use the software to design billing schedules, such as installment payments and send pre-scheduled invoices by email or text messages. Invoiced has a straightforward, user-friendly dashboard where users can access all the controls, menus, and customization tools they need to conduct accounts receivable operations. These include creating invoices, viewing customer payment history, and checking analytics reports like key AR metrics and fastest/slowest to pay customers. The platform is comprised of four interconnected modules designed to provide a seamless workflow for all your collections activities: Invoice-to-Cash, Payment Plans, Subscription Billing, and Customer Portal. The platform also makes it possible for your billing department to prepare estimates, volume-based pricing, set rollover rates, and present rates with discounts and promotions. Aside from streamlining your internal billing operations, Invoiced can also increase your bottom line since it integrates with online payment systems and multiple payment channels, such as credit cards and debit cards. This means your customers can have more options for paying and can even set autopay for their recurring transactions. You can get paid faster while your cus

A particularly good fit for: B2B teams evaluating finance and accounting software Teams that need documented workflow capabilities and fit guidance Organizations willing to validate implementation and plan limits

May be a poor fit if: Teams seeking a workflow outside the product's documented focus Teams needing unlimited usage without plan limits

Pricing and plan structure

FreeAgent: Published starting price £10 per month

Landlords£10 per month
Sole Trader£19 per month
Partnership / LLP£27 per month
Limited Company£33 per month

Invoiced: Published starting price $100 per month

Free or entry planFree
Higher tiersCustom pricing

Capabilities worth validating

FreeAgent: General ledger & accounting, Accounts payable & bill pay, AI features, Bank reconciliation, Expense management Integrations include Stripe, PayPal, GoCardless, Zapier.
Invoiced: Invoicing & Billing Management Features:, Invoiced A/R Management Dashboard, Automated dunning with Smart Chasing, Invoice delivery via email, text and print/mail

Questions to answer before switching

Does FreeAgent's selected plan include the features and limits we need?
Does Invoiced's selected plan include the features and limits we need?
Does the exact integration path for Stripe, PayPal, GoCardless support the sync direction, permissions, and volume we need?
Is a hosted-only deployment acceptable for the team and customers who will use this system?

How to evaluate this shortlist

A useful comparison turns the differences between Finance tools into a concrete test. Use these steps to avoid choosing from a feature table or the lowest headline price alone.

Start with a representative Finance workflow, not a feature checklist. Define who will use it, what data goes in, and what outcome the team needs.
Test the complete path through Stripe, PayPal, GoCardless: permissions, sync direction, failure handling, and volume limits often matter more than the integration name.
Compare the cost of the real scenario, including users, usage, storage, support, and contract requirements. The entry price alone does not measure adoption cost.
Before switching, list the evidence gaps, request a demo of the critical workflow, and confirm security, data residency, export, and support with each vendor.

Structured signals help narrow the shortlist, but a trial with a real workflow is still the best way to validate the decision.

Research basis

Last checked: 2026-08-18. Pricing, integrations, feature support, and review signals can change, so treat this as a research snapshot and verify the final decision with the vendor.

Sources consulted: FreeAgent product site, G2, Capterra; Invoiced product site, FinancesOnline review, Vendor website