Do I need both Xero and FreshBooks?

Both Xero and FreshBooks are accounting & bookkeeping tools. Many businesses end up subscribed to both without realising they serve overlapping functions. Here is what each one actually does.

What each tool does

Xero
accounting & bookkeeping
~£28/mo

Cloud accounting software for invoicing, bank reconciliation, payroll and financial reporting

FreshBooks
accounting & bookkeeping
~£15/mo

Simple invoicing and accounting software designed for freelancers and small service businesses

Do they overlap?

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These tools overlap — review before paying for both

Xero and FreshBooks are both accounting & bookkeeping tools. Most businesses only need one. If both appear in your subscriptions you are likely paying for functionality you already have.

Verdict

Unless your teams genuinely need separate accounting & bookkeeping tools, you should consolidate to one. Upload your bank statement to SaaSAuditorPro to find out if you are subscribed to both.

Check what you're actually paying for

Upload your bank statement CSV and SaaSAuditorPro will identify every duplicate subscription — including Xero, FreshBooks, and hundreds more.

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