People ask me all the time what’s the additional value between cobalt and Freshbooks, the leader in the online invoicing market.
Well, there is a big difference on the base. For Cobalt a project is on it’s own. You link an invoice with a project and that’s it. At Freshbooks they have a different approach. For them you work on projects for a client. So if you have an expense (in cobalt that’s ‘invoice in’) then you have the option to assign it to a client, and additionally choose one of the projects you work on for them. That means if you have a project or a product you’re working on that’s not assigned to a specific client you’re in trouble. Freshbooks has more a time tracking approach: you work for a client and sporadically you have expenses for that client.