Bokio
7.1#16 in gym accounting softwareFrom £24.95 a monthAndroidiOSWebExtension
VisitBokio vs FreeAgent
What both publish
| Fact | Bokio | FreeAgent |
|---|---|---|
| Company founding | LinkedIn lists Bokio as founded in 2015, headquartered in Göteborg, privately held and employing 51–200 people. | FreeAgent was launched in 2007 by founders Ed Molyneux, Olly Headey and Roan Lavery. |
| Data protection | Bokio says user data is handled according to GDPR and that it does not sell or distribute user data to third-party companies. | The FAQ says data is encrypted in transit with SSL, stored in Ireland, protected with 256-bit AES encryption and exportable as XLSX. |
| Expenses | Users can upload receipts, record expenses and schedule payments. | The product records expenses and mileage and lets users capture receipts with a phone camera. |
| Founded | 2015 | 2007 |
| Headquarters | Gothenburg and Stockholm, Sweden | Edinburgh, Scotland, UK |
| Invoicing | Users can create, email or download invoices, record payments, manage credit and supplier invoices, and create quotes. | Users can create recurring invoices, automate late-payment reminders, convert estimates into invoices, and accept invoice payments through Stripe and PayPal. |
| Licence | SoftwareWorld classifies Bokio as proprietary software. | The service is supplied under a non-exclusive, non-transferable licence rather than as source code for customer modification or redistribution. |
| Mobile app | The app uploads accounting documents, reads receipts with AI, generates reports and tracks transactions and invoices. | FreeAgent offers iOS and Android apps for tasks including expense recording, time tracking, invoice management and bank transaction reconciliation. |
| Ownership | Crunchbase says Bokio was acquired by Visma. | NatWest Group acquired FreeAgent in early 2018, while FreeAgent says it remains operationally independent. |
| Praise: ease of use | Trustpilot UK reviewers repeatedly describe Bokio as easy to use, simple to learn or relatively easy to use. | Independent reviewers repeatedly praise the clean interface, straightforward invoicing, easy bank reconciliation and suitability for non-accountants. |
| Product | Bokio is an online accounting system for bookkeeping, invoicing, expenses and financial administration. | FreeAgent is accounting software designed to automate business admin such as invoicing and expenses, streamline tax reporting and provide business insights and reports. |
| Rating on Capterra | 3.0 out of 5 from 3 reviews. | 4.5 out of 5 from 179 reviews. |
Bokio plans
- Premium£24.95 a month
FreeAgent plans
- Sole trader£10 a month
- Partnership or LLP£19 a month
- Limited company£33 a month
- FreeFree
- Bank-account-funded accountFree
- Eligible bank-account planFree
Pick Bokio if…
Bokio may suit businesses outside the UK seeking bookkeeping, invoicing, expense tools, and MTD VAT returns. UK users cannot access the service following its closure.
Pick FreeAgent if…
FreeAgent is aimed at small businesses, accountants, and bookkeepers managing accounts, invoices, expenses, or tax tasks. Its mobile apps may suit users who want to record expenses, track time, or manage invoices on iOS or Android.