Invoicing Made Easy: Our Top Picks For Invoicing Software

Invoicing Made Easy: Our Top Picks For Invoicing Software

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In every business' lifecycle, there comes a time when more and more invoices start rolling in. Being unprepared for that moment can be disastrous since it makes keeping track of all invoices nearly impossible, let alone differentiating which are paid and which aren't. After all, custom Excel spreadsheets are far from the best invoice software nowadays. 

Don't let your bottom line suffer just because you don't have an efficient solution to monitor your revenue streams. Instead, browse the following top 5 best invoice software solutions in the SMB market today and upgrade your invoicing today!Ready to discover quick crowdfunding fundraising strategies? Don't miss out! Read our upcoming article for insightful tips.

Top 5 Online Invoice Software Solutions for Small Businesses

So, invoice automation software is the solution, but which one should you use? Don't worry, we'll answer that soon. This section will discuss the top 5 small business invoice software picks, including their features and price points. 

1) Billdu

Billdu sells itself as a professional invoice maker for small businesses. But in reality, it's much more than that. On top of invoices, online booking, online store creation, and live chat, the solution offers many features and tools to help you run and scale any business smoothly.

Create professional-looking invoices, estimates, purchase orders, delivery notes and more quickly on the go or comfortably at home from any smart device. Get paid faster with card payments, track and upload your expenses, and keep all your financials synced and secure in one platform.

Main Features:
  • Professional Invoice Generator

  • Recurring Invoices

  • Customizable Templates

  • Estimate Creation

  • Purchase Orders

  • Expense Tracking

  • Payment Tracking

  • Collaboration with Your Accountant

  • Mobile Application

  • Fast Payments

  • Inventory Management

Pricing:
  • Free Invoice Software: $0 per month

  • Starter: $3.99 per month

  • Standard: $8.99 per month

  • Premium: $16.99 per month

2) Freshbooks

FreshBooks is a cloud-based invoicing and accounting software for small business owners, freelancers, and self-employed professionals. It helps users create and send professional invoices, track expenses, manage projects, accept online payments, and more.

Main Features:
  • Invoice Creator

  • Expense Tracker

  • Time Tracker

  • Collaboration Portal

  • Card & Direct Debit Payments

  • Easy-to-Understand Reports

  • Mobile App

Pricing:
  • Lite: $14 per month (5 billable clients)

  • Plus: $24 per month (50 billable clients)

  • Premium: $47 per month (500 billable clients)

  • Custom pricing (for businesses with over 500 billable clients)

3) QuickBooks

QuickBooks is a popular accounting software developed by Intuit designed to help small and medium-sized businesses manage their finances. Available as a desktop and cloud-based solution, QuickBooks is used by millions of companies worldwide.

Main Features:

  • Invoicing

  • Expense Tracking

  • Payroll Management

  • Inventory Tracking

  • Time Tracking

  • Reporting

  • Tax Preparation

Pricing:

  • Simple Start: $17/month 

  • Essentials: $26/month

  • Plus: $36/month

4) Zoho Invoicing

Zoho Invoicing is a 100% free invoice software designed to help small businesses invoice, track expenses, accept online payments, and even track offline payments. After growing its business and list of products, Zoho claims to have wanted to give back to the SME community, leading to them removing a price tag from the software. 

Main Features:
  • Project Billing

  • Time Tracking

  • Reporting

  • Customizable Templates

  • Client Portal

Pricing:
  • Free: $0 per month

  • Premium: $52/month

5) Xero

Xero is a cloud-based platform designed to help small businesses manage their invoicing and billing processes efficiently. The invoicing software allows businesses to track their sales, expenses, and inventory in real time, which helps them make informed decisions about their finances.

The platform integrates with various payment gateways and banks, enabling businesses to accept online payments from customers. In addition, Xero was designed with the top-of-mind customer experience, making it easy for anyone, even those without any prior invoicing software experience.  

Main Features:
  • Pay Bills

  • Claim Expenses

  • Connect with Your Bank

  • Accept Payments

  • Track Projects

  • Bank Reconciliation

  • Data Capture and Reporting

  • Online File Storage

  • Inventory Management

  • Send Invoices

  • Multi-Currency

  • Accounting Dashboard

  • Manage Fixed Assets

Pricing:
  • Early: $13 per month (max. 20 monthly invoices, no bulk reconciliations, no multiple currencies, no project management)

  • Growing: $37 per month (unlimited invoices, no bulk reconciliations, no multiple currencies, no project management)

  • Established: $70 per month (all features)

Final thoughts

Invoicing is a critical part of business operations, and managing it effectively can be the difference between success and failure. As we've seen in this article, traditional paper-based invoicing processes are inefficient and prone to errors, leading to delayed payments, late fees, and even loss of revenue. 

Fortunately, there are many small business invoice software solutions available that can automate the billing process and streamline payment management. We hope that across the 5 online invoice software solutions we discussed in this article, you found one that'd fit your business.

Remember to consider the key feature you're looking for, weigh them against your chosen platform's price point, and not be afraid to do some more research. After all, your bottom line is…well, on the line. Interested in expanding your business? Dive into our article, 'Raising Money and Awareness Online', to uncover actionable insights. 

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