Stop researching and start deciding. Our feature-by-feature comparison of FreshBooks and Loom gives mid-market Australian businesses the clarity they need — in minutes, not hours.
Side-by-side feature ratings for FreshBooks and Loom.
| Feature | FreshBooks | Loom | Notes |
|---|---|---|---|
| Invoicing | Loom holds a small advantage in invoicing. For most mid-market Australian businesses, this difference alone would not drive the decision. | ||
| Expense tracking | FreshBooks significantly outperforms Loom on expense tracking, making it the stronger choice for businesses that prioritise this area. | ||
| Bank reconciliation | FreshBooks has a slight edge in bank reconciliation. | ||
| Payroll | FreshBooks significantly outperforms Loom on payroll, making it the stronger choice for businesses that prioritise this area. | ||
| Tax reporting and BAS | When it comes to tax reporting and bas, Loom pulls clearly ahead of FreshBooks — a factor worth weighing if this capability is important to your team. | ||
| Multi-currency support | When it comes to multi-currency support, Loom pulls clearly ahead of FreshBooks — a factor worth weighing if this capability is important to your team. | ||
| Messaging features | Loom has a slight edge in messaging features. | ||
| Video and audio quality | Loom has a slight edge in video and audio quality. | ||
| File sharing | Loom holds a small advantage in file sharing. For most mid-market Australian businesses, this difference alone would not drive the decision. | ||
| Team channels | Loom has a slight edge in team channels. | ||
| Search and history | On search and history, FreshBooks is marginally stronger — but Loom still delivers a solid experience here. | ||
| Security and compliance | Loom edges out FreshBooks on security and compliance, though the gap is modest enough that other factors may matter more. |
Invoicing
FreshBooks
Loom
Loom holds a small advantage in invoicing. For most mid-market Australian businesses, this difference alone would not drive the decision.
Expense tracking
FreshBooks
Loom
FreshBooks significantly outperforms Loom on expense tracking, making it the stronger choice for businesses that prioritise this area.
Bank reconciliation
FreshBooks
Loom
FreshBooks has a slight edge in bank reconciliation.
Payroll
FreshBooks
Loom
FreshBooks significantly outperforms Loom on payroll, making it the stronger choice for businesses that prioritise this area.
Tax reporting and BAS
FreshBooks
Loom
When it comes to tax reporting and bas, Loom pulls clearly ahead of FreshBooks — a factor worth weighing if this capability is important to your team.
Multi-currency support
FreshBooks
Loom
When it comes to multi-currency support, Loom pulls clearly ahead of FreshBooks — a factor worth weighing if this capability is important to your team.
Messaging features
FreshBooks
Loom
Loom has a slight edge in messaging features.
Video and audio quality
FreshBooks
Loom
Loom has a slight edge in video and audio quality.
File sharing
FreshBooks
Loom
Loom holds a small advantage in file sharing. For most mid-market Australian businesses, this difference alone would not drive the decision.
Team channels
FreshBooks
Loom
Loom has a slight edge in team channels.
Search and history
FreshBooks
Loom
On search and history, FreshBooks is marginally stronger — but Loom still delivers a solid experience here.
Security and compliance
FreshBooks
Loom
Loom edges out FreshBooks on security and compliance, though the gap is modest enough that other factors may matter more.
General pricing information for each platform.
From ~$22/month
These figures are estimates based on publicly available pricing. Actual costs depend on your usage, team size, and any negotiated rates.
Free tier; paid from ~$15/user/month
Pricing is indicative only and subject to change. We recommend contacting the vendor for a tailored quote based on your Australian business needs.
An honest look at the strengths and limitations of each platform.
Pros
Cons
Pros
Cons
Which tool suits which use case.
Our Harvard-educated consultants' take on this comparison.
FreshBooks and Loom serve different purposes — FreshBooks focuses on accounting & finance, while Loom excels in communication. Many mid-market Australian businesses use both platforms together. Clever Ops can help you decide whether you need one or both, and build integrations between them so data flows automatically. Our Harvard-educated consultants have helped 50+ businesses optimise their tech stacks.
What to know about switching between FreshBooks and Loom.
Both FreshBooks and Loom offer REST APIs, which simplifies the migration process. Clever Ops builds custom migration scripts that extract data from one platform and import it into the other with full field mapping. We validate every record, run parallel systems during the switch, and provide 3 months of post-migration support.
Other popular comparisons involving FreshBooks or Loom.
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