An invoice is a written record that lists the quantity of products or services purchased, their unit prices, the date of purchase, and information about the two parties involved in the transaction.

Invoicing is simply another word for billing. We need applications that can aid in the purchasing and selling of products and services in this age of technical innovation and rising capitalization. Software that helps with correct billing is available for invoicing purposes.

The usage of invoicing software facilitates the billing process by assisting users with the creation of invoices, receiving payments in many currencies, sending out reminders to clients to prompt them to make payments on time, setting up recurring invoices for dependable clients, and many other functions.

What are the benefits of Invoicing Software?

Time-saving: By automating the invoicing process, invoice software, or free billing software saves time and minimizes errors. The program will automatically notify you when invoices are due and allow you to write and send invoices in just few minutes.

Organization: By keeping all of your invoices in one location, an invoice software or free billing software makes it simpler to track your finances and make sure you do not miss any payments.

Professionalism: A well-designed invoice presents a professional image and might aid in gaining your clients’ trust. You may generate personalized, an expert-looking invoice that represents your business with the assistance of an invoice software or a free billing program.

Accuracy: By automatically computing totals, taxes, and discounts, small business invoicing software reduces a human error and the likelihood of mistakes.

Reporting: A small business invoicing program may produce reports that list your earnings, costs, and profits. These figures can guide your spending and saving choices.

Overviews Of The 10 Best Invoicing Software

1. QuickBooks

QuickBooks is a simple online accounting program that aids in centralizing your financial management. Custom online invoices may be made and sent from any device.

Best qualities:

• Construct and deliver personalized invoices, sales receipts, and estimations.
• Make recurring payments in advance to save time.
• Monitor sales, costs, and profits.
• Keep tabs on and handle your sales tax
• Transact using different currencies
• Construct purchase orders.
• Monitor the success of a project or a job.

2. FreshBooks

FreshBooks is a time tracking, expenditure tracking, and invoicing program designed for small enterprises and independent contractors.

Best qualities:

• Unlimited customizable and sent bills, including automated repeating invoices, are available.
• Check to see if a client has viewed, paid, or received an invoice.
• Set up automatic reminders and penalties for late payments.
• Accepting credit card payments online is simple.
• Make estimates that appear professional and email them.
• Using straightforward reports and dashboards, gain company insights.
• Work on a computer, tablet, or mobile device.

3. ZohoBooks

ZohoBooks is a straightforward online accounting tool that takes care of all the essentials: creating and sending invoices, keeping track of costs, syncing bank accounts, producing reports, and doing accounting on the go across all platforms. But it also provides a complete collection of accounting tools that develops together with your company.

Best qualities:

• Sending expert bills, creating automated repeating invoices, and accepting online payments are all done in an easy, quick, and comfortable manner.
• Track and classify expenses, then bill clients for them all in one location.
• Get a real-time cash flow update by linking Zoho Books to your bank account. Keep an eye on transactions and categorize them right away.
• Powerful accounting reports like the P&L, Balance Sheet, and Cash Flow Statement help you stay on top of your money.
• Enable inventory management and control the flow of items.

4. OneUp

OneUp is a cloud-based accounting and invoicing program for medium- to large-sized enterprises as well as smaller ones when the financial side is managed by someone with solid accounting foundation. It enables you to manage your inventory, CRM, billing, and accounting online from your laptop or mobile device.

Best qualities:

• Invoices may be quickly created, customized, and sent.
• 95% of your accounting is automated by OneUp and is synced with your bank.
• Use OneUp’s integrated email system to send your invoice to your customer as soon as it is prepared.
• The Customer Payments screen lists the upcoming due dates for the invoices.
• Receive automated email reminders prior to the due date for customer payments.

5. SliQ

SliQ is a professional invoicing and quoting tool that makes it easier for you to be paid on time and precisely by allowing you to produce, send, and track invoices, credit notes, purchase orders, delivery notes, quotations, and customer statements.

Best qualities:

• Utilize recurring invoices to automate billing.
• Automate the numbering of invoices and quotes.
• Send customers invoices via an email.
• Add PayPal buttons to facilitate faster payment.
• Track payments, issue reminders, and receipts.
• Product database and stock control facility.
• Produce original reports.

6. Harvest

Harvest is essentially a time tracking and time billing application that enable you to generate invoices from your work hours. The billable time and expenses you have tracked can be added automatically to invoices. Alternatively, you can also draft a free-form invoice.

Best qualities:

• One-stop shop for billing, timekeeping, costs, and projects.
• With just a few clicks, you can send invoices and track who has viewed them.
• Through the interfaces with Stripe and PayPal, your customers may quickly pay bills.
• Clients receive automated payment reminders.

7. BillQuick

BillQuick Online is designed for mobile professionals. You can manage your projects and billing whenever and wherever you like, whether you are working remotely at a client’s office, a project site, or your home office.

Best qualities:

• 180 templates, batch processing, automatically created PDFs, and the ability to amend processed invoices are all features of feature-rich invoicing.
• Create a variety of invoice kinds, including joint, hourly, phased, fixed, recurring, retainer, and % complete.
• Automatic billing provides a project invoice for inspection at any frequency while adhering to regular billing procedures.
• Simply click to email and print invoices one at time or in bulk, and you can attach documents like receipts and photos to any invoice.

8. Chargebee

Chargebee primarily serves businesses who provide subscription services. It offers one sophisticated API layer that covers all the bases for managing subscriptions, recurring payments, invoicing, and much more.

Best qualities:

• Make detailed and appealing invoices.
• Taxes will be simplified by Chargebee.
• You may charge your clients only for what they use thanks to built-in support for metered billing.
• Give clients a variety of payment choices, including cards, checks, direct debit, and online wallets.
• Get reporting, analytics, and subscription management features as well.

9. PaySimple

With PaySimple, you can set up recurring payment systems, bill clients, track customer information, and collect payments using a suite of cloud-based software that is totally customizable and does not require any specialized knowledge on your part.

Best qualities:

• Create and send personalized invoices and recurring invoices with ease.
• Include online payment forms with click-to-pay buttons right in your email template.
• Payment through subscription.
• A live dashboard for tracking invoices.
• Automated notifications and receipts for unpaid invoices.

10. Bill.com

Bill.com offers small-to-medium-sized businesses easy online bill payment, personalized invoicing services, limitless document storage, workflow collaboration, and back office access from anywhere via any mobile device.

Best qualities:

• A credit card or ACH is your choice for a quick electronic payment option.
• Bill.com users have the option of sending invoices electronically or via postal mail.
• Customers have access to view and pay invoices online.
• Few days before to the payment deadline, customers receive an email.
• Your bank account receives online payments directly.

Conclusion

Invoicing software can be a priceless tool for companies trying to automate their billing procedures and get payments on time. Businesses can save time and money by automating the invoicing process while also producing accurate invoices for their clients. Invoicing software can assist companies in managing their accounts receivable and enhancing cash flow by allowing them to set payment reminders and monitor payment status. For any company trying to streamline its invoicing procedure and receive payments on time, investing in invoicing software might be a wise decision.