When it comes to choosing a project management tool, it can be tough to decide which one is right for you. If you are looking for a tool to help you manage your projects, clients and finances, then this comparison should help you make your decision.
Let’s take a closer look at Fiverr Workspace, Freshbooks and Kosmo to see which one might be the best project management option for your business.
Fiverr Workspace vs Freshbooks vs Kosmo Features Comparison
|Price||Free or $24/month||Monthly plans $15, $25, $50||Free or $9/month|
|Clients||1 Free, Unlimited (paid)||5, 50, and Unlimited (paid only)||2 Free, Unlimited (paid)|
|Total Price Per Year||Free or $216||$162, $270, $540||👍 Free or $90|
Overall the three platforms offer many similar features. In the end, users are likely to make their decision based on personal preference and needed features. Kosmo for example offers completely custom contracts that can be signed online as well as invoices that allow you to add your own branding.
Kosmo’s platform is simple to use and intuitive, cutting down on onboarding time so freelancers can continue focusing on what they do best.
Following are a few snapshots of what each platform looks like.
Invoice preview using Fiverr Workspace
Project preview using Freshbooks
Time Tracker preview using Kosmo
What is the price difference between Fiverr Workspace, Freshbooks and Kosmo?
Fiverr Workspace offers a basic free plan that allows you to manage 1 client, but to use all functions you’ll have to subscribe to their $24/month plan. We covered more pricing details in this Fiverr pricing breakdown.
Freshbooks does not offer a free plan but comes with a 30-day trial. The monthly plans start out at $15 for the lite version which allows you to add up to 5 clients, but does not provide features like e-signatures or unlimited proposals that come standard with many competing products. The other monthly plans are $25, $50 and custom. The higher your monthly plan the more clients you can manage and the more features are available.
Kosmo’s free plan includes 2 clients, 2 projects, 1 invoice per month and more essential features. Plus, you don’t need to enter your credit card to get started. If your freelancing business grows you can upgrade to the unlimited plan for $9/month. Kosmo also allows you to add your own PayPal and Stripe account and does not charge any processing fees.
The yearly price difference when comparing all three platforms is significant. Fiverr has a limited free plan and runs at $216/year for the pro plan. Freshbooks does not have a free plan and costs either $162, $270 or $540 per year. Kosmo offers a free plan as well as a $90/year pro plan.
Fiverr Workspace vs Freshbooks vs Kosmo: The Final Verdict
Fiverr Workspace, Freshbooks and Kosmo are all freelance project management platforms designed to help freelancers (and other businesses) optimize their operations. All three platforms offer similar features that differ on complexity and customization options. In the end it comes down to what the freelancer truly needs to run an efficient business.
If you work primarily with clients from Fiverr, then their Workspace could be an option. For some freelancers, being affiliated with Fiverr’s reputation of low budget jobs and of offering deals/gigs starting at $5 might be a turnoff. If you have more than one client you’ll need to subscribe to their $24/month plan which comes out to $216 annually and is comparatively on the higher end.
If you don’t work for a large agency and are looking for a clean uncluttered interface, beautiful branded invoices, customizable documents and a competitive price – Kosmo will work best for you. Also, you can use your own payment accounts like PayPal and Stripe. Kosmo does not charge any processing fees on those payments.
Freshbooks can be an option if you are primarily looking for a solution that helps you on the accounting side of your business. Some freelancers might especially miss functions like to-do list style task tracking and a standard freelance contract. Unfortunately, if you need to manage a lot of clients their pricing moves up quickly from $15/month to $25/month and then to $50/month which comes out to a yearly total of $162, $270 or $540.
🤖 Why should I sign up for Kosmo?
- Functional free plan with Clients, Projects, Time Tracking, Invoices and everything needed to get new and established freelancers going.
- Simple and easy to use platform.
- Beautiful invoices and proposals.
- Founder level support that cares about your business.
Get Organized & Win More Clients
Kosmo has everything you need to run your freelancing business.