6 Best Invoicing Software for Small Business

Cody Cromwell
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Best Invoicing Software for Small Business

Choosing the best invoicing software for a small business is not as simple as just opening up a trial version. This is because most companies have unique requirements and unique needs. These requirements are continuously changing and if invoicing software companies are not aware of these requirements, their product offerings could be limited and not customizable to your business needs.

So in this post, we take you through the factors and characteristics of six invoicing softwares and their strengths and weaknesses to help you make an informed decision.

Our Top Choice. Freshbooks

Freshbooks, an online accounting solution, is one of the best invoicing softwares for small business. It has a full featured invoicing system that allows you to help your small and medium sized business run efficiently. It has a robust set of features to help you manage your invoicing process.

With Freshbooks, you can create outstanding invoices, track customer payments, manage receivables, and generate sales reports. In addition, you can integrate your software with your accounting system of choice.

Pros:

There are many features that make the Freshbooks invoicing software a great option. However, here are a few features that you cannot find in any other available invoicing software:

FreshBooks: Best Overall Invoicing Software

FreshBooks is currently the top entrepreneur-grade invoicing software on the market. It shines by allowing you to run an elegant and streamlined invoicing process, which minimizes the likelihood of missing expenses and paperwork issues, while keeping invoice tracking simple and straightforward. It’s also the best invoicing software for small businesses because it lets you engage with your customers in multiple ways, no matter how big your company is.

What sets FreshBooks apart from other invoicing and accounting software, is its visual Web invoicing interface. There’s no need to manually enter expense details. Instead, you can create simple invoices and let the app automatically collect and email them to your business associates. These individuals can then print the invoice and/or use it into their own systems.

By sending an email to your customer, you can reminders for payment, as well as invoice tracking, which lets your customers view and manage the status of their invoices … they can check whether you’re paid and invoice details while they are in the process of making a payment.

FreshBooks takes care of everything that you need to run your business … from tracking hours to preparing reports. For those that have taken time to set up their accounting engines, this can be a big relief.

Why We Like It

You don’t have to handle all of your customers’ billing details, sales or communications manually. This software helps you do precise invoicing, quotation, billing and CRM at the same time.

The best part is such a system frees up your time to concentrate on your business and helps you become more valuable.

So the above are some of the reasons why you should go for Truebill. It is just a perfect example of making your billing system more transparent and secure.

Zoho Invoice: Best Integrated Business Management Solution

Zoho Invoice is an integrated business management software solution that manages everything from simple invoices to complete billing and financial management.

Here are some of the key features of Zoho Invoice:

Invoice Generation : You can easily generate invoices by clicking on the Create Invoice button. .

Invoice Upload : You can upload new invoices into your Zoho Invoice accounts.

Invoice Payment : You can attach payment methods like credit cards to the invoices and make payments.

Invoice Stock : You can use the stock module to manage the available quantity of products.

Bill to Invoice : You can quickly generate multiple invoices from a single import file.

Invoicing and Billing: You can easily track the time and cost spent on different tasks. This helps you keep track of the cost of generating invoices, and helps you minimize human error, which can cost you significant processing time.

Financial Management: You can easily record various financial transactions such as expenses, expenses charged to sales, taxes and discounts while generating invoices.

Payments Management : You can easily track the payments that have been received and make payments including early payments, delayed payments, and payments with interest.

Sales and Customer Management: You can manage all your sales, purchases, and customer data in Zoho Invoice.

Why We Like It

You don’t have to handle all of your customers’ billing details, sales or communications manually. This software helps you do precise invoicing, quotation, billing and CRM at the same time.

The best part is such a system frees up your time to concentrate on your business and helps you become more valuable.

So the above are some of the reasons why you should go for Truebill. It is just a perfect example of making your billing system more transparent and secure.

TimeTracker: Best Invoicing Software for Professional Service Firms

TimeTracker is a fully featured Time & Attendance software solution for professional service firms, such as lawyers, accountants, architects and engineers.

User friendly, TimeTracker can help you increase your profits as well as your productivity, by eliminating the duplication of client invoicing and administrative tasks. TimeTracker can be your trusted partner, helping you take your invoicing tasks off your plate, freeing up your time for billing and paperwork.

Start working more efficiently from the very first day after you install TimeTracker on your computer. The software is extremely easy to install and use. Simply follow the step by step installation guide to configure the software.

Why We Like It

You don’t have to handle all of your customers’ billing details, sales or communications manually. This software helps you do precise invoicing, quotation, billing and CRM at the same time.

The best part is such a system frees up your time to concentrate on your business and helps you become more valuable.

So the above are some of the reasons why you should go for Truebill. It is just a perfect example of making your billing system more transparent and secure.

Invoicera: Best Invoicing Software to Manage Both Invoices Sent and Received

Invoicera is a cloud-based invoicing platform that helps freelancers and small businesses track invoices, track payments, and manage their money.

As a cloud-based invoicing platform, the basic idea behind the business is to offer professionals a versatile platform to handle all their financial transactions easily and from the convenience of their computer, mobile device, or tablet. The platform integrates both invoicing and bookkeeping data. In other words, you can see all your money related information in one place, such as important finances, sales, expenses, and so on.

For invoicing, the platform offers various custom fields you can use to organize each individual invoice. You can set up custom fields for the recipient’s email, the name of the invoice, amount, and so on.

For bookkeeping and time tracking, you can enter each working hour and a separate categories for expenses under a particular task. Under the expense category, you can list out each expenses individually or add multiple expenses linked to a single task, such as the cost of travel or another business expense.

Invoicera offers various integrated features that will help freelancers and small businesses manage their money. And the platform is also cloud-based to make it convenient and easy to use.

Why We Like It

You don’t have to handle all of your customers’ billing details, sales or communications manually. This software helps you do precise invoicing, quotation, billing and CRM at the same time.

The best part is such a system frees up your time to concentrate on your business and helps you become more valuable.

So the above are some of the reasons why you should go for Truebill. It is just a perfect example of making your billing system more transparent and secure.

ZipBooks: Best Free Software for Creating Simple Invoices

ZipBooks is the best free software for creating invoices. It’s simple and easy to use, however the lack of advanced features is an issue.

Although it’s limited, it still offers everything you need to create invoices on the fly and send them out. For small business owners that only need to occasionally send invoices, ZipBooks is the ideal solution.

It’s also a good choice if you want an invoicing solution that’s completely web-based, so you don’t need to install software.

That said, if you need more advanced features, you might want to consider two of the other options below.

Just enter the number of cost centers you want to invoice in the field just above the words ‘Add cost center”, then click the ‘Invoice” tab at the top of the screen. When you select a cost center from the dropdown list, the description will automatically update. You can then fill out the description and note any discounts that need to be added to the price.

It’s not as advanced as the other solutions, but if you only occasionally invoice, it’s the best free invoicing software around.

Why We Like It

You don’t have to handle all of your customers’ billing details, sales or communications manually. This software helps you do precise invoicing, quotation, billing and CRM at the same time.

The best part is such a system frees up your time to concentrate on your business and helps you become more valuable.

So the above are some of the reasons why you should go for Truebill. It is just a perfect example of making your billing system more transparent and secure.

Let us look at some of the features from Invoice Ninja for small business of any size.

Note: Free demo period of 7 days no transaction limit.

& Digital Post Card

It is very easy to customize the documents and invoice templates as per the requirement of the end customers.

Standalone software:

It can create a document of any size, as per the need and requirement of the customer.

Digital Post Cards:

These are very beneficial for companies to meet their objectives such as lead generation while communicating as it helps the reader to get the information right away without the help of a computer.

& Export to Customer Database

It can send the information to your customer database and will guarantee you to effectively direct them to any feature whether it is online service or electronic billing.

GIF Images

It is capable of generating a signature image and also can be customized as per the requirement.

Email Invoicing

It has an integrated email option to help set the documents apart from other recipients. Email monitoring is also provided with this system.

Reports

An effective report generation in order to meet your appraisal and financial goals is provided with this system.

Why We Like It

You don’t have to handle all of your customers’ billing details, sales or communications manually. This software helps you do precise invoicing, quotation, billing and CRM at the same time.

The best part is such a system frees up your time to concentrate on your business and helps you become more valuable.

So the above are some of the reasons why you should go for Truebill. It is just a perfect example of making your billing system more transparent and secure.

How to Choose Your Invoicing Software

You can easily set up your invoicing software for the small business mastermind. Options for invoices: Word, excel, pdf or pick up the phone. Save time on billing and money on returns. It is recommended to get your invoicing software in your email to print. The paper billing is a thing of the past.

There are many invoicing options that you can choose from. For the person who is going out of their way to learn all about invoicing in accounting, there are apps that are so easy to use, you can have your invoices printed and sent right to your customers from your smart phone, at your convenience.

If you are a new entrepreneur or a seasoned business owner, it is important for you to remember that you will want to find and choose the invoicing that is going to work for your company. Your choice as to what invoicing software means for your company will depend on the services you have provided to your customers.

Here are a few factors that must be taken into consideration when choosing your invoicing software.

What type of services do you offer?

Bottom Line

5 Best Invoicing Software for Small Business

Invoicing is a very common thing which is used mostly by small business owners to make profit. It’s very important to use best invoicing software to handle it. There are so many software available in market for invoicing but the question is which software is the best for small businesses. I have try to research about those software which you can refer here.

The same theory apply for invoicing software, it’s important to choose best invoicing software which is easy to use and compatible to your software, which will help you to complete tasks fast and efficiently.

The five best invoicing software for small business are as follows:

Easissimo is a web-based invoicing platform that offers a wide selection of templates and features to help small business owners manage their invoices and payments online. The selling point of Easissimo is its ease of use, which makes it a great option for newer users. Every time an invoice is created, it’s sent straight to the required customers.