Alegra vs Holded (2026): which should you pick?

Pick Alegra if

• Fits if you run a Spanish-speaking small business in a country Alegra covers
• Works for firms that want an accountant user included free

Look elsewhere if

• Pricey if you issue many invoices, because the price climbs with each invoice band
• Watch out: bank reconciliation, recurring entries and multicurrency need Pro at $95.23
• Skip it if you want a mobile app, as the Panama page lists none
• Not for you if you don't read Spanish, since site and plans are in Spanish
• Watch out: plans and prices differ by country, and these are Panama's with tax included

Pick Holded if

• Fits if you're a Spanish freelancer who needs invoicing with Verifactu
• Makes sense if you want inventory and a CRM next to your books

Look elsewhere if

• Tight if you stay on the free plan: 20 invoices and 50 scanned expenses a year
• Watch out: Basic allows 2 users and Standard 4, and extra users cost €12 a month each
• Watch out: Inventory starts at €25 a month and HR is €3 per employee, both as add-ons
• Not for you if you're outside Spain, unless you've checked the tax forms for your country
• Pricey if you need full accounting: that starts at Standard, €69 a month

Alegra

• Prices and plans differ by country; the figures here are the Panama accounting plans, which include ITBMS tax.
• The monthly price rises with the number of sales invoices issued each month.
• Paying yearly takes 10% off the Panama monthly price.
• The site and plan pages are in Spanish, and the Panama page lists no mobile app.

Holded

• Prices are in euros, exclude VAT, and the page does not say whether the figures assume monthly or annual billing.
• Each plan caps users (2 on Basic, 4 on Standard); extra users cost €12 a month each.
• Inventory starts at €25 a month and the HR module is €3 per employee a month, both as add-on Gems.
• Tax forms and e-invoicing features listed on the page are Spanish; check coverage for other countries.

Alegra

Electronic invoicing

Issues electronic invoices that follow each country's rules, and every Panama accounting plan includes it.

Accounting and reports

Accounting, payments and collections, quotes, and accounting and administrative reports from the entry plan upward.

Inventory

Item catalog with price lists and mass item updates, and multiple warehouses and advanced costing from Pro.

Bank reconciliation

Connects bank accounts or loads statements in CSV or XML to reconcile movements in bulk, from the Pro plan.

API and accountant access

API integration arrives on Plus, and every plan includes one free user for the company's accountant.

Holded

Invoicing and quotes

Unlimited invoices on paid plans, with quotes, proformas, recurring invoices, a client portal, multi-currency and Verifactu.

Accounting

Standard and above add automatic journal entries, analytical accounting and annual accounts that an accountant can work from.

Bank connections and Wallet

Connect bank accounts to match transactions with invoices and expenses; Holded Wallet adds supplier payments and team cards.

Expense scanner

Scans receipts and extracts their data, with a fair-use limit tied to the plan's AI usage.

Spanish tax forms

Lists VAT models 303, 347, 349, 369 and 390 and IRPF models, with corporate tax forms 200 and 202 from Standard.

Inventory, CRM and projects

Inventory and HR are paid Gems; the CRM and project profitability tracking are part of the plans.

Alegra

• EmprendedorUSD 48.15

  per month for up to 100 invoices, ITBMS included

  1 user plus 1 free accountant user, 1 warehouse, accounting and reports. Panama accounting pricing.

• PymeUSD 73.83

  per month for up to 250 invoices, ITBMS included

  2 users, online payments, due-date reminders and price lists on top of Emprendedor.

• ProUSD 95.23

  per month for up to 500 invoices, ITBMS included

  3 users and 3 warehouses, with bank reconciliation, recurring transactions, cost centers and multicurrency.

• PlusUSD 133.75

  per month for up to 1,000 invoices, ITBMS included

  5 users and 5 warehouses, with API access, custom roles and custom reports on top of Pro.

• PremiumCustom

  For businesses above 1,000 sales invoices a month, with users to suit the business.

Holded

• Light€0

  Free invoicing with Verifactu for 1 user, limited to 20 invoices and 50 scanned expenses a year.

• Starter€19

  per month, excluding VAT

  1 user with unlimited invoices and expense scanning, 1 connected bank, VAT and income tax returns and a sales funnel.

• Basic€34

  per month, excluding VAT

  2 users, 5 connected banks, cash flow, 10 recurring invoices, recurring purchases and 1 free point-of-sale store.

• Standard€69

  per month, excluding VAT

  4 users, full accounting, unlimited banks, SEPA remittances, corporate tax forms and user roles.

• Advanced€115

  per month, excluding VAT

  7 users, custom roles and fields, payment reminders, cash flow scenarios and priority support.

• Premium€229

  per month, excluding VAT

  15 users, unlimited recurring invoices, multi-country VAT and 100,000 API calls a month.

Alegra

• Annual discount

  10% off when paying yearly

  The Panama pricing page offers a pay-annually option marked 10% off against paying monthly.

Holded

• Other savings

  50% off the first 3 months

  New customers get 50% off paid plans for their first 3 months, then the regular price applies, per the pricing page.

• Other savings

  Black Friday: 70% off for 3 months

  For new customers until 30 November 2026, every paid plan is 70% off for the first 3 months, in place of the usual 50%.