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Description

Anchor is tailored to meet the distinct billing requirements of service providers and is engineered to significantly enhance efficiency while conserving resources, time, and financial costs. As an accounts receivable automation platform, Anchor revolutionizes traditional billing methods by streamlining the entire process, transforming it from a cumbersome task into a smooth operation for both vendors and clients. To establish a fully autonomous billing system that effectively closes the cycle with impeccable accuracy, we realized that the journey must commence even before billing begins: at the agreement phase between the vendor and their client. The key innovation lies in converting the engagement letter into a dynamic tool that serves as a single source of truth for both parties. This approach eliminates the need for direct handling of payment details and collections, as clients only need to provide that information once, making the process efficient and hassle-free. Ultimately, this not only simplifies operations but also fosters better communication and trust between vendors and clients.

Description

FreshBooks makes billing and invoicing for small businesses easy. FreshBooks is a top-rated accounting and invoice software for self-employed professionals as well as small businesses. It makes it easy to invoicing and billing so that companies can concentrate on the work they love. It has a wide range of powerful features, including expense tracking, time tracking and payment processing. The Freshworks mobile app allows users to work from anywhere using FreshBooks.

API Access

Has API No 

API Access

Has API Yes 

Screenshots View All

Screenshots View All

Integrations

Slack Yes 
Zapier Yes 
Aritic Swarm No 
Beam AI No 
BoomTax No 
COUNT Yes 
DocuSend No 
Ema No 
Paysetra No 
Peaka No 
Railz No 
Raklet No 
SYSDEM No 
Stackreaction No 
Surfer No 
SutiDMS No 
Trello No 
XLReporting No 
Yearli No 
iCare Software No 

Integrations

Slack Yes 
Zapier Yes 
Aritic Swarm Yes 
Beam AI Yes 
BoomTax Yes 
COUNT No 
DocuSend Yes 
Ema Yes 
Paysetra Yes 
Peaka Yes 
Railz Yes 
Raklet Yes 
SYSDEM Yes 
Stackreaction Yes 
Surfer Yes 
SutiDMS Yes 
Trello Yes 
XLReporting Yes 
Yearli Yes 
iCare Software Yes 

Pricing Details

$5 per payment
$5 per payment received
No subscription. No monthly fees.
Free Trial Yes 
Free Version Yes 

Pricing Details

$6.30/month
Get 70% off for 3 month offer now!

Lite - $21 per month. Send unlimited invoices to up to 5 clients

Plus - $38 per month. Send unlimited invoices to up to 50 clients

Premium - $65 per month. Send unlimited invoices to an unlimited amount of clients
Free Trial Yes 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App Yes 
iPad App Yes 
Android App Yes 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person No 

Vendor Details

Company Name

Anchor

Founded

2021

Country

United States

Website

www.sayanchor.com

Vendor Details

Company Name

FreshBooks

Founded

2004

Country

Canada

Website

www.freshbooks.com/

Product Features

Accounts Receivable

ACH Payment Processing Yes 
Billing & Invoicing Yes 
Check Processing Yes 
Collections Management Yes 
Online Payment Processing Yes 
Overpayment Processing Yes 
Partial Payments Yes 
Receivables Ledger Yes 
Recurring Billing Yes 

Billing and Invoicing

Billing Portal Yes 
Contact Database Yes 
Contingency Billing Yes 
Customer Portal Yes 
Customizable Invoices Yes 
Dunning Management No 
Hourly Billing Yes 
Invoice History Yes 
Mobile Payments Yes 
Multi-Currency No 
Online Invoicing Yes 
Online Payments Yes 
Payment Processing Yes 
Project Billing Yes 
Recurring/Subscription Billing No 
Service Ticket Billing Yes 
Tax Calculator No 

Digital Signature

Audit Trail No 
Authentication No 
Auto Reminders No 
Customizable Templates No 
Document Analytics No 
Mobile Signature No 
Multi-Party Signing No 
Progress Tracking No 
Task Progress Tracking No 

Professional Services Automation

Billing & Invoicing No 
CRM No 
Client Portal No 
Collaboration Tools No 
Document Management No 
Portfolio Management No 
Project Management No 
Proposal Generation No 
Quote Management No 
Resource Management No 
Time & Expense Tracking No 

Proposal Management

Automatic Formatting No 
Calendar Management No 
Collaboration No 
Contact Management No 
Content Repository No 
Document Management No 
Electronic Signature No 
Knowledge Library No 
Pipeline Management No 
RFP Management No 
Requirements Management No 
Revision Management No 
Task Management No 
Templates No 
Version Control No 

Recurring Billing

Customer Portal No 
Deferred Billing No 
Discount Management No 
Dunning Management No 
Invoice History No 
Multi-Currency No 
Multi-Period Recurring Billing No 
Payment Processing No 
Recurring Donations No 
Subscription Billing No 

Product Features

Accounting

Looking to expand your business without the stress? FreshBooks equips you with tools to make informed financial choices. Access tailored, up-to-the-minute reports that highlight potential risks and opportunities, all while maximizing your tax deductions. Start your free trial today or enjoy a 70% discount on FreshBooks right now!

Accounts Payable Yes 
Accounts Receivable Yes 
Bank Reconciliation No 
Billing & Invoicing Yes 
CPA Firms No 
Cash Management No 
Cryptocurrency Support No 
Expense Tracking Yes 
Fixed Asset Management No 
Fund Accounting No 
General Ledger Yes 
Government No 
Multi-Currency No 
Nonprofits Yes 
Payroll Management Yes 
Project Accounting No 
Purchase Orders Yes 
Tax Management No 

Accounts Receivable

ACH Payment Processing Yes 
Billing & Invoicing Yes 
Check Processing No 
Collections Management No 
Online Payment Processing Yes 
Overpayment Processing No 
Partial Payments Yes 
Receivables Ledger Yes 
Recurring Billing Yes 

Billing and Invoicing

Are you exhausted from managing invoices and dealing with endless paperwork? FreshBooks streamlines your billing operations, allowing you to generate sleek, customized invoices and send them directly to your clients while effortlessly monitoring payment progress. By using FreshBooks, you can significantly reduce administrative tasks and potentially receive payments twice as quickly. Experience it for free or take advantage of a 70% discount on FreshBooks today!

Billing Portal Yes 
Contact Database Yes 
Contingency Billing No 
Customer Portal Yes 
Customizable Invoices Yes 
Dunning Management Yes 
Hourly Billing Yes 
Invoice History Yes 
Mobile Payments Yes 
Multi-Currency Yes 
Online Invoicing Yes 
Online Payments Yes 
Payment Processing Yes 
Project Billing Yes 
Recurring/Subscription Billing Yes 
Service Ticket Billing No 
Tax Calculator Yes 

Bookkeeping

Achieve a transparent financial status with robust accounting solutions. Empower yourself to make informed choices, strategize for expansion, and maintain regulatory adherence. FreshBooks streamlines this process, providing you with the insight and command you need to concentrate on developing your business. Experience it for free or enjoy a 70% discount on FreshBooks today.

Accounts Payable Yes 
Accounts Receivable Yes 
Bank Reconciliation Yes 
Billing & Invoicing Yes 
Cash Management No 
Collections No 
Expense Tracking Yes 
Fixed Asset Management No 
General Ledger No 
Payroll Yes 
Revenue Recognition Yes 
Spend Management Yes 
Tax Management Yes 

Construction Accounting

Accounts Payable Yes 
Accounts Receivable Yes 
Billing & Invoicing Yes 
Budgeting & Forecasting No 
Cash Management No 
Construction Breakdowns No 
General Ledger Yes 
Job Costing No 
Overrun Projections No 
Payroll Management Yes 
Purchase Order Management No 
Quotes / Estimates Yes 

Expense Report

Take control of your finances effortlessly with FreshBooks! Organize your expenses by snapping photos of receipts, automatically importing bank transactions, and gaining valuable insights into your spending habits. Streamline your budgeting and tax preparation to maintain a clear understanding of your financial flow. Start your free trial today or enjoy a 70% discount on FreshBooks right now!

Approval Process Control No 
Invoice Management Yes 
Multi-Currency Yes 
Receipt Management Yes 
Reimbursement Management No 
Spend Control No 
Time Tracking Yes 
Workflow Management No 

Finance

Wave goodbye to the hassle of intricate spreadsheets and bewildering software! FreshBooks brings together all your vital financial tools into a single platform. This comprehensive accounting solution simplifies your billing, payments, and bookkeeping tasks with ease. Experience it for free or take advantage of a 70% discount on FreshBooks today!

Legal Billing

Accounting Management Yes 
Automatic Billing No 
Calendar Management No 
Case Management No 
Client Portal No 
Document Management No 
Expense Tracking Yes 
Time Tracking Yes 

Payment Processing

FreshBooks streamlines the payment process, allowing you to receive funds quickly and easily. Accept credit card payments, Apple Pay, and bank transfers from your customers, enabling you to get paid much faster. Additionally, benefit from automatic invoice matching and payment recording to maximize efficiency. Start your free trial today or enjoy a 70% discount on FreshBooks!

ACH Check Transactions Yes 
Bitcoin Compatible No 
Debit Card Support No 
Gift Card Management No 
Mobile Payments No 
Online Payments Yes 
POS Transactions No 
Receipt Printing No 
Recurring Billing Yes 
Signature Capture Yes 

Payroll

401(k) Tracking Yes 
Attendance Management Yes 
Benefits Management Yes 
Check Printing No 
Compensation Management No 
Deductions Management No 
Direct Deposit No 
Multi-Country No 
Multi-State No 
Reporting/Analytics No 
Self Service Portal No 
Tax Compliance Yes 
Vacation / Leave Tracking No 
W-2 and 1099 Preparation No 
Wage Garnishment No 

Recurring Billing

Streamline your invoicing process using FreshBooks. Create customized, professional invoices, send them to your clients effortlessly, and track their payment status in real-time. Free up valuable time that would otherwise be used for administrative tasks and enjoy the advantage of receiving payments up to twice as quickly. Start your free trial or take advantage of a 70% discount on FreshBooks today.

Customer Portal No 
Deferred Billing Yes 
Discount Management No 
Dunning Management No 
Invoice History Yes 
Multi-Currency No 
Multi-Period Recurring Billing Yes 
Payment Processing Yes 
Recurring Donations No 
Subscription Billing No 

Time and Expense

Activity Tracking Yes 
Billable Hours Tracking Yes 
Billing Rate Management No 
Expense Tracking Yes 
Invoice Processing Yes 
Multiple Billing Rates Yes 
Project Tracking Yes 
Reimbursement Management No 
Time Tracking by Client Yes 
Time Tracking by Project Yes 

Time Clock

Biometric Recognition No 
Hourly Employee Tracking No 
Messaging No 
Mobile Access Yes 
Online Punch Card No 
Payroll Management Yes 
Punch card No 
Reporting/Analytics Yes 
Salaried Employee Tracking Yes 
Sick Leave Tracking No 
Vacation / Leave Tracking No 
Workstation Tracking No 

Time Tracking

FreshBooks offers an intuitive and efficient expense tracking tool that simplifies the process of managing business expenditures. With just a quick glance, you can effortlessly monitor your spending and assess your profitability, eliminating the hassle of cumbersome spreadsheets and overflowing receipt boxes. Sign up for a free trial or enjoy a 70% discount on FreshBooks today!

Automatic Time Capture Yes 
Billable & Non-Billable Hours Yes 
Billing & Invoicing Yes 
Employee Database No 
Expense Tracking Yes 
Mobile Time Tracking Yes 
Multiple Billing Rates Yes 
Offline Time Tracking No 
Online Time Tracking Yes 
Overtime Calculation No 
Time per Project Reporting Yes 
Timesheet Management Yes 
Vacation / Leave Tracking No 

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Alternatives

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