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Best Invoicing Software Of 2024

What is Invoicing Software?

Invoicing software streamlines the process of creating, sending, and tracking invoices, eliminating manual tasks and reducing errors. It addresses common challenges such as late payments, lost invoices, and manual data entry. By automating these processes, businesses can save time, improve cash flow, and enhance customer satisfaction. Key features include invoice generation, payment tracking, and reporting capabilities. Emerging trends include integration with accounting software, automated reminders, and mobile accessibility. Invoicing software is essential for freelancers, small businesses, and large corporations across various industries. While it offers significant benefits, limitations include a potential learning curve for new users and the need for customization in specific business contexts. Ultimately, invoicing software provides a valuable tool for streamlining operations and improving financial efficiency.

What Are The Key Benefits of Invoicing Software?

  • Faster payments
  • Reduced errors
  • Improved cash flow
  • Time savings
  • Enhanced professionalism
  • Better tracking
  • Improved customer experience
  • Increased accuracy
  • Simplified reporting
  • Reduced costs
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Our Research Analysts evaluated 33 solutions and determined the following solutions are the best Invoicing Software overall:

Overall

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Why We Picked Bill.com

Users highly rate Bill.com's user-friendly interface, time-saving automation features, and excellent customer support. They appreciate the ability to easily track invoices, automate payments, and reconcile bank statements. Compared to other accounting software, Bill.com stands out for its seamless integration with popular business applications and its robust reporting capabilities. These strengths make it a valuable tool for businesses looking to streamline their financial operations and improve efficiency.

While Bill.com excels in many areas, users have also noted some limitations. Some users find the software's pricing structure to be higher than competitors, and the lack of advanced inventory management features may be a drawback for businesses with complex inventory needs. Additionally, the software's reliance on an internet connection can be a concern for businesses that require offline access.

Overall, Bill.com is an excellent choice for businesses seeking a user-friendly and efficient accounting solution. Its strengths in automation, integration, and reporting make it a valuable tool for streamlining financial operations. However, businesses with advanced inventory management needs or those requiring offline access may need to consider alternative options.

Pros & Cons

  • Automated Workflow: Streamlines invoice processing, approval, and payment, saving time and reducing errors.
  • Centralized Platform: Manages all accounts payable and accounts receivable functions in one place, providing a comprehensive view of cash flow.
  • Seamless Integrations: Connects with popular accounting software, banks, and payment gateways, eliminating manual data entry and reconciliation.
  • Robust Reporting: Provides detailed insights into spending, cash flow, and vendor performance, enabling informed decision-making.
  • Improved Vendor Relationships: Automates vendor payments, reduces late fees, and strengthens supplier relationships.
  • Lack of Customization: Limited flexibility in customizing reports, workflows, and user permissions, making it difficult to adapt to specific business needs.
  • Limited Integration Options: Fewer pre-built integrations with other business applications compared to competitors, leading to manual data entry and potential errors.
  • Inconsistent User Interface: The user interface can be inconsistent across different modules, resulting in a steep learning curve and reduced efficiency.
  • Slow Response Times: Users have reported experiencing slow loading times and delays when processing large volumes of transactions or generating reports.
  • Limited Functionality for Complex Accounting: May not offer advanced features required for complex accounting needs, such as multi-entity consolidation or specialized industry-specific functions.

Key Features

  • Automated Cleaning House Network: Get paid and receive payments faster with ACH payment processing that’s safe, speedy and cost-effective. Minimize the possibility of paper check theft with digital payments. 
  • International Payment: Send and receive payments from across the globe, and make workflows more efficient by processing domestic and international transactions for more than 130 countries. 
  • Automatically Sync the Data: Sync USD and local currency bills with leading accounting software packages like QuickBooks, Sage Intacct, Xero and Microsoft Dynamics 365 Business Central. 
  • Software Integration: Connect with the existing accounting software and allow data to flow between systems to keep everything up to date. Export information through templates, import bills and invoices to keep them up to date. 
  • Accounts Payable: Import invoices without any manual intervention. Get control, flexibility and visibility by using multiple payment options and tracking facilities. 
  • Accounts Receivable: Create and customize professional invoice templates for regular customers. Automate account receivables with automatic charges and payments. Get quick information on the receivables by tracking the status. 
Elorus  Award
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Why We Picked Elorus

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Is Elorus truly a glorious solution for invoicing and time tracking? User reviews from the past year overwhelmingly suggest that it is, particularly for freelancers and small businesses. They consistently praise its intuitive interface, making it a breeze to create and send invoices, track expenses, and generate reports. One user even described it as a breath of fresh air compared to the clunky software they used previously. This ease of use is a major differentiating factor for Elorus, as many competitors are notorious for their steep learning curves. Users also appreciate the platform's clean and modern design, which stands out in a market often dominated by outdated interfaces.

However, some users have pointed out a desire for more customization options, particularly when it comes to invoice templates. While Elorus offers a decent selection, the ability to tweak them further or even apply custom CSS would be a welcome addition. Another minor gripe is the lack of a mobile app, although most users acknowledge that the web-based platform is responsive enough for occasional use on mobile devices. Overall, Elorus is highly regarded for its user-friendliness, comprehensive features, and focus on simplicity, making it an ideal choice for businesses looking to streamline their billing and time-tracking processes without the headache of complex software.

Pros & Cons

  • Effortless Invoicing: Elorus makes sending invoices a breeze, even if you're not a numbers whiz.
  • Timesheet Simplified: Keeping track of your hours is easy with Elorus's intuitive time-tracking features, ensuring accurate billing.
  • Personalized Touch: You can tailor Elorus to match your business's unique branding and invoicing needs.
  • Smooth Operations: Automate your invoicing and payment processes to save time and minimize errors, like a well-oiled machine.
  • Limited Learning Resources: Users have expressed a desire for more comprehensive learning materials, such as video tutorials, to fully leverage the software's capabilities.

Key Features

  • Invoicing: Create and customize professional invoices with ease, including options for recurring invoices and automated reminders.
  • Time Tracking: Track billable hours accurately with a built-in timer, and convert tracked time directly into invoices.
  • Expense Management: Record and categorize expenses, attach receipts, and monitor your spending to keep your finances in check.
  • Client Portal: Provide clients with a dedicated portal where they can view invoices, make payments, and access project details.
  • Payment Integrations: Integrate with popular payment gateways like PayPal, Stripe, and others to facilitate seamless online payments.
  • Reporting: Generate detailed financial reports, including profit and loss statements, to gain insights into your business performance.
  • Multi-Currency Support: Issue invoices and accept payments in multiple currencies, making it easier to do business internationally.
  • Team Collaboration: Invite team members, assign roles, and collaborate on projects, ensuring everyone stays on the same page.
  • Project Management: Manage projects efficiently by tracking progress, setting milestones, and monitoring deadlines.
  • Recurring Billing: Automate billing for subscription-based services with recurring invoices and payment reminders.
  • Customizable Templates: Use and modify invoice and estimate templates to match your brand identity and professional standards.
  • Tax Management: Automatically calculate taxes for different regions and apply them to invoices, ensuring compliance with local regulations.
  • Mobile App: Access Elorus on the go with a mobile app that allows you to manage invoices, track time, and monitor expenses from your smartphone.
  • API Access: Utilize the Elorus API to integrate with other software and automate workflows, enhancing productivity and efficiency.
  • Data Security: Ensure your data is protected with robust security measures, including encryption and regular backups.
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Why We Picked Invoiced

Invoiced has garnered a reputation as a reliable solution for businesses seeking to streamline their financial operations. Users frequently highlight its user-friendly interface and comprehensive features, such as invoice generation, payment tracking, and expense management, as major advantages. The software's seamless integration with popular business applications like QuickBooks and Salesforce further enhances its appeal, allowing for efficient data synchronization and workflow optimization.

However, no software is without its drawbacks, and Invoiced is no exception. Some users have expressed concerns regarding its cost, which can be a significant factor for smaller businesses or startups operating on tight budgets. Additionally, there have been reports of occasional responsiveness issues with customer support, which can be frustrating for users seeking timely assistance.

Despite these shortcomings, Invoiced remains a compelling option for businesses of all sizes due to its robust feature set and ease of use. Its ability to automate tasks and provide real-time financial insights can significantly improve efficiency and decision-making. For businesses prioritizing a user-friendly and feature-rich accounting solution and willing to invest in a premium product, Invoiced is definitely worth considering.

Pros & Cons

  • Automation: Invoiced can automate recurring invoices, payment reminders, and late fees, saving time and reducing errors.
  • Integrations: Invoiced integrates with popular payment gateways, accounting software, and CRM systems, streamlining workflows and improving efficiency.
  • Customization: Invoiced allows users to customize invoices with their branding, logos, and messaging, creating a professional and consistent look.
  • Reporting: Invoiced provides detailed reports on invoices, payments, and customer activity, giving businesses valuable insights into their finances.
  • Client Portal: Invoiced offers a client portal where customers can view their invoices, make payments, and update their information, improving communication and transparency.
  • Limited Customization: Invoiced's customization options for invoices and other documents are relatively basic, which may not meet the needs of businesses with specific branding or formatting requirements.
  • Learning Curve: The platform's interface can be overwhelming for new users due to its extensive features and functionalities, potentially requiring a significant investment of time to learn and navigate effectively.
  • Integrations: While Invoiced offers integrations with popular accounting and payment processing platforms, the range of available integrations may be limited compared to other solutions, potentially requiring manual data entry or workarounds.

Key Features

  • Subscription Billing: Make invoicing and collection easy with the subscription billing process built directly into the platform. Get the freedom to customize the pricing model. Establish and maintain financial stability by generating consistent revenue from products and services. 
  • Dunning Management: Ensure that the client is notified of any delays to payments with the dunning system. Send alerts when the money doesn’t go through or gets halted. Save time spent chasing down customers with built-in autopay and reminder tools. 
  • Invoiced Payment: Seamlessly integrate payment processing with the Chase partnership with easy set-up. Accept online payments in minutes. Offer secure gateways so clients can leverage same-day deposits. Reduce overall PCI-compliance overhead with this PCI Level 1 Service Provider. 
  • Invoice to Cash: Make online payments simple and fast. Boost accountability and keep the revenue stream flowing. Decrease the time to cash by combining online payments with a range of billing formats. Put the collection and payment process on autopilot with automated invoice chasing and dunning management. 
  • Installment Plans: Meet the customers at an affordable price point. Give customers the freedom to create individual installment plans. Request a deposit and then start the project with incremental payments. Spend less time collecting and checking invoices and more time on value-added tasks like boosting sales and enriching the customer experience. 
  • Customer Payment Portal: Keep track of balances, manage subscriptions, provide an online gateway to pay bills and ensure customer satisfaction while boosting visibility. Enable autopay for payment plans in an easy-to-use interface. Build trust at every point of communication, including invoicing with the white-labeled solution. 
  • Cash Application: Automatically update and organize payments. Match payments with invoices and balances using cash application software. Customize and configure cash applications with rules. Automate opening, scanning, depositing and matching of the invoices. 
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Why We Picked Quadient Invoice Automation

Is Quadient Invoice Automation really as automatic as its name suggests? User reviews from the past year paint a somewhat mixed picture. While many appreciate its user-friendly design and ability to automate tedious tasks like invoice routing and approvals, some have voiced concerns about its limitations. For instance, users have reported difficulties with the accuracy of the coding team and challenges when working with multiple companies within the platform. One user even compared their experience to a "professional embarrassment" due to glitches, poor customer support, and inaccurate data entry.

However, the positive feedback highlights Quadient Invoice Automation's strengths in streamlining workflows and improving efficiency. Users particularly praise its intuitive interface, which one review described as "the most efficient software we have." The software's integration with popular accounting systems is also a major plus, allowing for seamless data flow and reduced manual effort.

Overall, Quadient Invoice Automation seems best suited for businesses with straightforward invoicing needs who prioritize ease of use and time savings. However, companies with more complex requirements or those dealing with a high volume of invoices might find its limitations a dealbreaker.

Pros & Cons

  • Easy to Use: Users praise the software for its intuitive design, which makes navigating and managing invoices straightforward.
  • Automated Invoice Processing: The software utilizes AI to minimize manual data entry, extracting key information from invoices to save time and reduce errors.
  • Streamlined Approvals: Quadient Invoice Automation offers customizable approval workflows, ensuring that invoices are routed to the appropriate individuals for review and approval.
  • Integration with Accounting Software: The platform seamlessly integrates with popular accounting systems, such as QuickBooks and NetSuite, allowing for efficient data transfer and reconciliation.
  • Limited Customization: Some users have reported limitations in customizing the software to fit their specific workflows or industry-specific requirements.
  • Occasional Technical Issues: While generally praised for its reliability, some users have mentioned occasional technical glitches or slowdowns, particularly during peak usage times.

Key Features

  • Automated Data Capture: Utilizes Optical Character Recognition (OCR) to extract data from invoices, reducing manual entry errors.
  • Multi-Format Support: Handles various invoice formats including PDF, XML, and EDI, ensuring compatibility with diverse supplier systems.
  • Customizable Workflows: Allows businesses to tailor approval processes to their specific needs, enhancing operational efficiency.
  • Real-Time Tracking: Provides up-to-the-minute status updates on invoice processing, improving transparency and accountability.
  • Integration Capabilities: Seamlessly integrates with popular ERP systems like SAP, Oracle, and Microsoft Dynamics, streamlining data flow.
  • Compliance Management: Ensures adherence to local and international invoicing regulations, reducing the risk of non-compliance penalties.
  • Advanced Analytics: Offers detailed reporting and analytics tools to monitor performance metrics and identify areas for improvement.
  • Supplier Portal: Provides a dedicated portal for suppliers to submit invoices and track payment status, enhancing supplier relationships.
  • Duplicate Detection: Automatically identifies and flags duplicate invoices, preventing overpayments and financial discrepancies.
  • Mobile Accessibility: Enables users to access and approve invoices from mobile devices, supporting remote work environments.
  • Security Features: Implements robust security measures including encryption and user authentication to protect sensitive financial data.
  • Scalability: Designed to scale with business growth, accommodating increasing invoice volumes without compromising performance.
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Why We Picked Concur Invoice

Is Concur Invoice worth concurring with? While Concur Invoice has garnered praise for its robust features and ability to streamline complex financial processes, a recurring theme in user feedback highlights a disparity between its potential and practical user experience.

A significant strength of Concur Invoice is its comprehensive suite of features, encompassing expense tracking, travel management, and invoice processing. Users particularly appreciate the platform's automation capabilities, such as automated invoice processing and expense approvals, which significantly reduce manual effort and minimize errors. However, this strength is counterbalanced by a common complaint regarding the platform's user interface, which many users describe as confusing and cumbersome. For instance, users have reported difficulties navigating the platform's menu structure and finding specific functions, hindering the software's overall usability. This complexity is further exacerbated by reports of slow customer support, leaving users grappling with issues that could be readily addressed with more responsive assistance.

Ultimately, Concur Invoice appears best suited for larger enterprises with dedicated IT resources and a higher tolerance for complex software. While the platform's comprehensive features and automation capabilities can be highly beneficial, the challenging user interface and inconsistent customer support might pose significant hurdles for smaller businesses seeking a more intuitive and user-friendly experience.

Pros & Cons

  • Automated Invoice Processing: Concur Invoice can reduce labor costs by 20-30% by automating the invoice processing workflow, including data recognition.
  • Improved Data Accuracy: The software's high-quality invoice recognition leads to more accurate data extraction and fewer errors compared to manual entry.
  • Integration Capabilities: Concur Invoice can integrate with other systems, including existing ERP or accounting software, to streamline financial processes.
  • Customizable Approval Workflows: The software allows businesses to set up customized approval policies to match their internal controls and compliance requirements.
  • Enhanced Spend Visibility: Concur Invoice provides a centralized platform for managing invoices, giving businesses better visibility into their spending patterns and areas for cost control.
  • User Interface: Many users find the interface confusing and difficult to navigate, which can lead to frustration and decreased productivity.
  • Support Response Time: Users frequently complain about slow response times from the support team, making it challenging to get timely help with urgent issues.
  • High Cost: Some users, especially those in smaller businesses, find the cost of SAP Concur to be high compared to its benefits.

Key Features

  • Automated Invoice Capture: Utilizes OCR technology to automatically extract data from invoices, reducing manual entry errors.
  • Three-Way Matching: Matches invoices with purchase orders and receiving documents to ensure accuracy and prevent overpayments.
  • Customizable Approval Workflows: Allows businesses to set up tailored approval processes that align with their internal policies and procedures.
  • Mobile Accessibility: Enables users to review and approve invoices on-the-go via a mobile app, enhancing flexibility and productivity.
  • Integration with ERP Systems: Seamlessly integrates with major ERP systems like SAP, Oracle, and Microsoft Dynamics for streamlined data flow.
  • Real-Time Analytics and Reporting: Provides detailed insights into spending patterns and supplier performance through customizable dashboards and reports.
  • Supplier Portal: Offers a dedicated portal for suppliers to submit invoices and track payment status, improving communication and transparency.
  • Compliance Management: Ensures adherence to regulatory requirements and internal policies through automated checks and balances.
  • Multi-Currency and Multi-Language Support: Facilitates global operations by supporting various currencies and languages, making it suitable for multinational companies.
  • Audit Trail: Maintains a comprehensive record of all invoice-related activities, aiding in audits and compliance reviews.
  • Duplicate Invoice Detection: Identifies and flags potential duplicate invoices to prevent duplicate payments.
  • Configurable Invoice Templates: Allows customization of invoice templates to meet specific business needs and branding requirements.
  • Expense Integration: Integrates with Concur Expense to provide a unified platform for managing both invoices and employee expenses.
  • Cloud-Based Solution: Offers the benefits of a cloud-based platform, including automatic updates, scalability, and reduced IT overhead.
  • Role-Based Access Control: Ensures that users have access only to the information and functionalities relevant to their roles, enhancing security.
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Why We Picked Invoicely

User reviews of Invoicely over the past year have been largely positive, with many highlighting its user-friendly interface as a key strength. Users, particularly those new to invoicing software, appreciate the platform's intuitive design, which allows them to quickly create and send invoices without a steep learning curve. This ease of use is often contrasted with more complex platforms, where navigating features can feel cumbersome.

However, a recurring concern among users is the level of customer support provided. There are reports of delayed responses and difficulties in resolving billing issues, leaving some feeling frustrated and unsupported. This negative aspect is frequently compared to competitors like Wave, known for their responsive and helpful customer service. Another point of contention is the limitations of the free plan. While it offers basic invoicing, essential features like recurring invoices and comprehensive reporting are locked behind paid subscriptions, which some users find restrictive compared to alternative solutions.

Overall, Invoicely is well-suited for freelancers and small business owners who prioritize simplicity and ease of use in their invoicing processes. Its intuitive design makes it incredibly easy to get started, and the free plan provides a solid foundation for managing basic invoicing needs. However, those requiring advanced features, robust customer support, or have more complex invoicing requirements might find more value in exploring alternative options available in the market.

Pros & Cons

  • Easy to Use: Invoicely is praised for its intuitive design, allowing users to quickly create and send professional invoices without a steep learning curve.
  • Affordable Pricing: Invoicely offers a free plan with ample features for freelancers and a low-cost premium plan for businesses needing more advanced features.
  • Customization Options: Users appreciate the ability to personalize invoices with their company logo, branding colors, and custom fields to match their business identity.
  • Client Management: Invoicely simplifies client tracking by allowing users to save client details, making it easy to generate recurring invoices or quickly create new ones for repeat customers.
  • Mobile Accessibility: The availability of a mobile app provides users with the flexibility to manage invoices and track payments on the go, enhancing convenience for busy individuals.
  • Limited Customization: Users have reported limited invoice template options and customization features, making it difficult to tailor invoices to specific branding or stylistic preferences.
  • Customer Support Concerns: Some users have experienced difficulties with customer service, particularly regarding response times and issue resolution, especially concerning account access problems.
  • Limited Free Plan: While Invoicely offers a free plan, it lacks key features such as robust integration with accounting software, requiring manual data entry for users who need this functionality.

Key Features

  • Customizable Invoices: Tailor your invoices with your company logo, colors, and custom fields to reflect your brand identity.
  • Multi-Currency Support: Issue invoices in multiple currencies, making it easier to do business with international clients.
  • Recurring Invoices: Automate the billing process for regular clients by setting up recurring invoices with predefined intervals.
  • Expense Tracking: Keep track of your business expenses by logging them directly into the platform, ensuring accurate financial records.
  • Time Tracking: Monitor billable hours with integrated time tracking tools, which can be directly converted into invoices.
  • Online Payments: Accept payments through various online payment gateways such as PayPal, Stripe, and Authorize.Net, providing convenience for your clients.
  • Detailed Reports: Generate comprehensive financial reports, including profit and loss statements, to gain insights into your business performance.
  • Client Management: Maintain a detailed database of your clients, including contact information, billing history, and notes.
  • Multi-User Access: Grant access to multiple team members with different permission levels, ensuring collaboration while maintaining control.
  • Tax Management: Automatically calculate and apply taxes to your invoices based on your location and tax regulations.
  • Estimates and Quotes: Create and send professional estimates and quotes to potential clients, which can be easily converted into invoices upon approval.
  • Mobile Accessibility: Access and manage your invoicing tasks on the go with a mobile-friendly interface.
  • Invoice Templates: Utilize pre-designed invoice templates to quickly generate professional-looking invoices.
  • Payment Reminders: Set up automated payment reminders to notify clients of upcoming or overdue payments.
  • Data Export: Export your financial data in various formats, such as CSV or PDF, for further analysis or record-keeping.
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Why We Picked mineraltree

Is MineralTree the "root" of efficiency for your business? User reviews from the past year paint a largely positive picture of MineralTree, particularly for its impact on Accounts Payable (AP) automation. Users consistently praise its ability to streamline workflows, making invoice processing, payment approvals, and reconciliation significantly smoother. This efficiency boost is often cited as a key differentiator, with some users reporting time savings of up to 75% compared to their previous manual processes. The software's seamless integration with popular ERP systems like QuickBooks and NetSuite is also frequently lauded, simplifying data synchronization and reducing the risk of errors.

However, some thorns prick the side of this otherwise sturdy "tree." A recurring complaint revolves around the software's navigation, which some users find less intuitive than desired, requiring multiple clicks for seemingly simple tasks. The lack of a free trial is also a common gripe, particularly for businesses hesitant to commit without a hands-on experience. While MineralTree excels in automating core AP functions, its focus primarily lies within the US market, potentially limiting its appeal for international businesses.

Overall, MineralTree blossoms as a robust solution for mid-sized businesses processing a high volume of vendor payments. Its strengths in automation, integration, and user-friendliness make it a valuable tool for companies seeking to ditch manual AP processes and cultivate a more efficient financial ecosystem. However, businesses outside the US or those requiring more advanced features might find its limited global reach and occasional navigational quirks a bit hard to "digest."

Pros & Cons

  • Automated Invoice Processing: MineralTree automates the entire invoice journey from receipt to payment, eliminating manual data entry and reducing the risk of errors.
  • Improved Visibility and Control: The software provides real-time analytics and reporting, giving businesses clear insights into their AP processes and enabling better cash flow management.
  • Enhanced Security: MineralTree prioritizes security with features like dual-factor authentication and tokenization, safeguarding businesses against fraud and unauthorized access.
  • Seamless Integrations: The software integrates smoothly with popular accounting systems like QuickBooks and ERP systems like Oracle NetSuite, ensuring data consistency across platforms.
  • Time and Cost Savings: By automating tasks and reducing manual effort, MineralTree enables businesses to process invoices faster, capitalize on early payment discounts, and optimize their AP operations for maximum efficiency.
  • Limited Global Reach: MineralTree's primary focus on the US market may present challenges for businesses with international vendor payments.
  • Search Functionality Needs Refinement: Users desire more granular search options within the platform to quickly locate specific invoices or payment details.
  • Occasional Navigation Roadblocks: Some users find the navigation requires multiple clicks for certain tasks, which can slow down workflow efficiency.

Key Features

  • Payment: Transfer funds between entities electronically. Process multiple financial transactions with the Automated Clearing House. Use corporate debit and credit cards for B2B payments. 
    • Payment Processing: Process payments by batch without manual intervention and schedule them at a predetermined date and time. Submit invoices on the self-service portal through mobile apps and track payment history. Cross-check invoices and bank statement information. Offer one interface for in-store, online and on-the-go setup for different acceptance points. 
  • Security and Compliance: Transform confidential financial details into indecipherable codes with end-to-end encryption. Maintain compliance with information security standards in credit card processing. Secure credit card details with fraud management. Encrypt electronic data via the Secure Socket Layer. Ensure vendor compliance with the Association of International Certified Professional Accountants. 
    • Risk Analysis: Minimize future risks with root cause analysis and process improvement. Improve efficiency by identifying threats and reducing errors. Use risk factors to score suppliers and vendors. 
    • Recovery: Mitigate mistakes by identifying and recouping funds. Reduce future lost profits and set up breakdowns with reporting tools. 
    • Audits: Discover AP outliers outside the company using a library of audit-tested filters. Track historical payment inaccuracies through post-audit data analysis and generate claims automatically. Determine and prevent overpayment or duplicate payment errors. 
    • Frauds: Set up automatic new vendor checks to tackle potential billing schemes. Perform a thorough investigation with easily digestible data. Monitor frauds across different systems and data formats. 
  • Integration: Integrate with products like accounting and financial management software. Create custom integrations with different plugins and APIs. Combine with payment gateways and enterprise payment systems. Transfer amounts for approved invoices by syncing with company accounts. 
  • Invoice Management: Record import or scanning invoices. Let suppliers submit bills through the online portal. Provide a central repository for AP documents.  
    • Invoice Processing: Check AP invoices with POs, contracts and payments. Determine incomplete or late supplier payments. Guarantee compliance with local and govt tax regulations for collections. Consolidate various invoices and process them in batches. Review invoices with purchases and sales orders and payments. Generate invoices at predefined dates and times automatically. 
  • Analytics: Identify overdue payments by tracking invoices based on due dates. Compare different AP automation factors with other organizations. Track KPIs like payment errors or time taken in processing invoices and payment methods, such as deposits or partial payments. Control incoming and outgoing cash flows. 
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Why We Picked Tipalti

Tipalti is a robust accounting ERP that streamlines all workflows and bookkeeping needs. Its implementation is comfortable and pleasing to users. Its performance is impeccable because it provides a centralized location for various payment options and its modules — tax compliance, billing, invoicing, payment management and more — offer efficient bookkeeping needs. Users also agree that the customer support team is quick to respond and resolve problems. Despite some users' sentiments about the clunky interface and non-flexible reporting apparatus, most find this solution as a handy asset.

Pros & Cons

  • Implementation: Of the users who addressed this solution's implementation process, 58% said it was fast, easy and pleasing.
  • Customer Support: Approximately 69% of users who mentioned this program's customer support said employees were reliable and quick to respond.
  • Performability: Of the users who spoke of the application's overall performance, nearly 82% said it was user friendly, easy to use and centralized payable options in one location.
  • Functionality: Roughly 54% of users who discussed this solution's functionality revved about the easy transfer management, invoicing and various payment methods such as ACH, e-check, PayPal and wire.
  • Interface: Of the users who addressed this solution's interface, 41% said it was clunky.
  • Reporting: Approximately 45% of users who discussed this software's modules said the reporting function either couldn't customize reports or duplicates reports unnecessarily.

Key Features

  • Collect Tax Forms: Browse and choose the exact forms with more than 1,000 rules and TIN matching confirmation details with the tax form selection wizard extension on the supplier management appliance. There are end-of-the-year 1099 and 1042-S reports that offer submission-ready documents to superintend reporting to federal and state authorities, including withholdings. The tax compliance features are KPMG-approved meets all IRS requirements. 
  • Swiftly Send Invoices: Send invoices via email or upload them to their portal to track their progress with the inventory management component. Users can deliver invoices directly to their accounts payable alias, import them directly from the supplier or AP Hubs and clone protection notifications if the bill looks similar to a previous invoice. 
  • Customize Purchase Orders (PO) Agreements: Work with PO operations that save users time and effort thanks to the PO matching apparatus. Users gain greater compliance with their company's purchasing policies. Every invoice goes through benchmark optical character recognition (OCR), advanced data collection and approval operations before the payment is processed. 
  • Meet International Tax Compliances: Leverage local and VAT tax ID collection for non-US payers via the tax and VAT compliance feature. This tool can monitor document collection for European regions so vendors may add supplementary information accordingly and activate self-billing invoices when suppliers need to approve invoices before handling them. 
  • Full Payment Visibility: Keep suppliers in the loop about processed payments in addition to failed expenditures and why they failed with the global payment appliance. Suppliers may also review their complete payment history with the online portal function, eliminating spent-hours on troubleshooting. This component notifies payees if additional details are needed to complete the payment, whether or not tax forms need updates and more. 
  • Perform Payee Approval Self-Billing: Generate bills and mark them as pending payee approval or pending payee invoice — depending on their specific country — with the self-billing appliance. This apparatus formulates bills via API or CSV and enables payees to receive email alerts to approve bills. Payees may approve bills or provide emails as well as initiate payments that align with payee preferences. 
  • Integrate with Other ERP and Accounting Software: Sync payment results with their ERP or accounting solutions automatically via the payment reconciliation tool. This tool reduces extra work for teams within a user's business, diminishes errors and depletes unnecessary stress during close processes. 
  • Upkeep Archives of Suspicious Actions: Stay on top of threatening activities by keeping backlogs of case records to know who evaluated a case, its assessment date, the outcome and why with the detect appliance. Users can print intricate payee reports to review why a payee is blocked and what stage of risk the payee inhabits. This tool aids users in stopping swindlers before making a payment, saving their company money. 
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Why We Picked Stripe Invoicing

Is Stripe Invoicing truly a striking solution for businesses? User reviews from the past year reveal a mixed bag. While many appreciate its user-friendly interface, robust features like automated reminders and customization options, and seamless integration with other financial systems, some find the overall Stripe system convoluted. For instance, one user lauded the invoicing mechanics as "flawless" and praised the customer-facing aspects, but criticized the backend support. Conversely, another user raved about the platform's intuitiveness, highlighting the ease of creating and sending customized invoices, and lauded the automated payment reminders as a "game-changer." This contrast underscores the dichotomy in user experiences, suggesting that while Stripe Invoicing excels in certain areas, it might fall short in others.

A significant differentiating factor is Stripe Invoicing's global reach, supporting multiple payment methods and currencies, a feature often absent in competitors. However, the platform's lack of design flexibility in invoice creation, a seemingly minor drawback, is a recurring gripe among users. This limitation can be a deal-breaker for businesses that prioritize brand consistency and a visually appealing billing process. Ultimately, Stripe Invoicing appears best suited for businesses prioritizing automation and scalability in their invoicing processes, particularly those already embedded in the Stripe ecosystem. However, businesses seeking extensive invoice customization or requiring robust customer support might find other platforms more accommodating.

Pros & Cons

  • Easy to Use: Stripe Invoicing is known for its user-friendly interface, allowing businesses to quickly create and send invoices with minimal effort.
  • Customization: The platform offers a high level of customization, enabling businesses to tailor invoices to their brand and include specific details.
  • Automation: Stripe Invoicing excels in automating tasks such as sending payment reminders, retrying failed payments, and generating reports, saving businesses time and reducing manual work.
  • Multiple Payment Options: The platform supports a wide range of payment methods, including credit cards, debit cards, ACH transfers, and international payment options, providing flexibility for customers.
  • Integrations: Stripe Invoicing integrates seamlessly with various accounting and business management software, streamlining financial operations and data flow.
  • Limited Customization: Some users find the invoice template customization options to be limited, restricting their ability to create invoices that align with their specific branding or include all necessary information.
  • Support Challenges: While many users praise Stripe Invoicing's features, some have reported difficulties receiving timely and effective support from Stripe when encountering issues or needing assistance with complex scenarios.

Key Features

  • Customizable Invoices: Tailor your invoices with your company logo, colors, and custom fields to match your brand identity.
  • Automated Reminders: Set up automatic email reminders for overdue invoices to ensure timely payments without manual follow-up.
  • Multi-Currency Support: Issue invoices in over 135 currencies, making it easier to do business globally.
  • Recurring Invoices: Schedule and send recurring invoices for subscription-based services, reducing administrative overhead.
  • Integrated Payment Options: Allow clients to pay directly from the invoice using various payment methods, including credit cards, ACH, and international payment options.
  • Tax Calculation: Automatically calculate and apply the correct tax rates based on the customer's location, ensuring compliance with local tax laws.
  • Detailed Reporting: Access comprehensive reports on invoice status, payment history, and outstanding balances to keep track of your financial health.
  • Mobile Accessibility: Create, send, and manage invoices on the go with Stripe's mobile-friendly interface.
  • Customer Portal: Provide clients with a secure portal where they can view and pay their invoices, download receipts, and manage their billing information.
  • Seamless Integration: Integrate with popular accounting software like QuickBooks and Xero to streamline your financial workflows.
  • Advanced Security: Benefit from Stripe's robust security measures, including encryption and fraud detection, to protect your financial data.
  • Custom Payment Terms: Define specific payment terms for each client, such as net 30 or net 60, to align with your business agreements.
  • Multi-Language Support: Issue invoices in multiple languages to cater to your diverse client base.
  • Discounts and Promotions: Easily apply discounts or promotional codes to invoices, offering flexibility in pricing strategies.
  • Instant Notifications: Receive real-time notifications when an invoice is viewed, paid, or overdue, keeping you informed at all times.
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Why We Picked OnlineInvoices

Is OnlineInvoices truly the invoice whisperer of online billing solutions? User reviews from the past year suggest that OnlineInvoices is a fan favorite for its straightforward approach to managing invoices and recurring billing. Users rave about the platform's intuitive design, emphasizing its minimal learning curve, which is a breath of fresh air for those who want to hit the ground running. This ease of use is complemented by its speed and responsiveness, making it a reliable tool for businesses of all sizes.

A standout feature is its free version, a godsend for startups and small businesses with limited budgets. This free tier doesn't skimp on features either, offering essential tools like invoice creation, PDF uploads, and payment tracking. Users highlight the software's ability to streamline financial management, allowing them to effortlessly organize invoices, monitor payment statuses, and generate comprehensive reports. This newfound clarity empowers businesses to make informed decisions and optimize their cash flow.

While OnlineInvoices excels in its simplicity and affordability, some users express a desire for expanded collaborative features, particularly the ability to involve multiple team members in invoice management. This limitation, however, doesn't overshadow the software's overall value proposition. OnlineInvoices emerges as an ideal solution for freelancers, solopreneurs, and small business owners seeking an intuitive and budget-friendly platform to simplify their invoicing processes and gain better control over their finances.

Pros & Cons

  • User-Friendly: OnlineInvoices is known for its intuitive design, making it easy for users to create and send invoices without a steep learning curve.
  • Recurring Billing: The software allows you to automate recurring invoices, simplifying the process for subscription-based services or regular client billing.
  • PDF Uploads: You can efficiently maintain records and share information by uploading existing PDF invoices directly into the platform.
  • Payment Tracking: OnlineInvoices enables you to monitor the status of sent invoices, providing a clear picture of outstanding and received payments.
  • Multiple Payment Gateways: The integration with various payment gateways like PayPal offers flexibility and convenience for clients making payments.
  • Limited Collaboration: The software may lack robust features for team collaboration, potentially hindering efficient workflow in larger teams.
  • Occasional Technical Issues: Some users have reported instances where uploaded attachments failed to appear, indicating potential reliability concerns with the platform's file handling.
  • Abrupt Trial Expiration: The trial period ends without prior notification, potentially causing disruption for users who are actively evaluating the software.

Key Features

  • Customizable Invoice Templates: Tailor your invoices to match your brand with a variety of templates and design options.
  • Automated Recurring Billing: Set up recurring invoices for subscription-based services, ensuring timely and consistent billing.
  • Multi-Currency Support: Handle transactions in multiple currencies, making it easier to do business internationally.
  • Expense Tracking: Keep track of business expenses by categorizing and recording them directly within the platform.
  • Client Management: Store and manage client information, including contact details and transaction history, in one centralized location.
  • Payment Integration: Integrate with popular payment gateways like PayPal, Stripe, and Square to facilitate seamless online payments.
  • Tax Calculation: Automatically calculate taxes based on your location and the client's location, ensuring compliance with local tax laws.
  • Detailed Reporting: Generate comprehensive reports on sales, expenses, and outstanding invoices to gain insights into your financial health.
  • Mobile Accessibility: Access and manage your invoices on the go with a mobile-friendly interface and dedicated apps for iOS and Android.
  • Multi-User Access: Grant different levels of access to team members, allowing for collaborative management of invoices and finances.
  • Invoice Scheduling: Schedule invoices to be sent at a future date, ensuring timely delivery without manual intervention.
  • Custom Fields: Add custom fields to your invoices to capture additional information specific to your business needs.
  • Client Portal: Provide clients with a secure portal where they can view and pay their invoices online.
  • Automated Reminders: Set up automatic reminders for overdue invoices to ensure timely payments from clients.
  • Data Export: Export your financial data in various formats, such as CSV or PDF, for further analysis or record-keeping.

COMPARE THE BEST Invoicing Software

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Product
Score
Start Price
Free Trial
Company Size
Deployment
Platform
Logo
86
$25
Per User, Monthly
Yes
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85
$9
Monthly
Yes
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85
$39
Monthly
Yes
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Cloud On-Premise
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83
$2.36
Per Invoice, Usage-Based
No
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83
$465
Monthly, Quote-based
Yes
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83
$9.99
Monthly, Freemium
Yes
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82
$5,000
Annually, Quote-based
No
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82
$129
Monthly
No
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81
$0
Per Invoice + 0.4%
No
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81
$9.94
Monthly, Freemium
Yes
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All Invoicing Software (33 found)

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Freshbooks

by FreshBooks
Freshbooks
Freshbooks is a cloud-based accounting software designed for freelancers and small businesses. Its core features include invoicing, expense tracking, online payments, project management, and basic reporting. It's user-friendly and integrates with popular tools like Stripe and PayPal. Freshbooks shines for solopreneurs and small teams seeking a simple, affordable solution to manage basic accounting tasks. Its intuitive interface and mobile app make it accessible even for non-accountants. Users appreciate its automated features like recurring invoices and expense categorization, saving them time and effort. Compared to some competitors, Freshbooks may lack advanced accounting functionalities like inventory management or double-entry bookkeeping. However, its focus on simplicity and ease of use makes it a popular choice for those starting out or needing a lightweight accounting solution. Pricing starts at a reasonable monthly fee and scales based on the number of clients and features needed. This pay-as-you-go model ensures users pay only for what they use, making it a cost-effective option for small businesses. Pros Easy to use Mobile app access Automated invoicing Online payments Affordable Cons Limited features No double-entry Price increases with clients Basic reporting Not for large businesses
User Sentiment User satisfaction level icon: excellent
Cost Breakdown
$10 or less
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android

Invoicely

by Invoicely
Invoicely
Invoicely is a comprehensive software solution designed to streamline invoicing and financial management tasks. It is particularly well-suited for small to medium-sized businesses, freelancers, and service-based industries due to its user-friendly interface and robust feature set. The platform enables users to create, send, and manage invoices efficiently, while also offering capabilities for expense tracking, time tracking, and financial reporting. One of the standout benefits of Invoicely is its ability to handle multiple currencies and languages, making it ideal for businesses with international clients. Additionally, the software supports recurring invoices and automated payment reminders, which can significantly reduce administrative workload. Users appreciate the customizable invoice templates and the ability to integrate with various payment gateways, enhancing the overall flexibility of the platform. Compared to similar products, Invoicely is often praised for its affordability and ease of use. While specific pricing details may vary, it typically offers tiered subscription plans that cater to different business needs. For precise pricing information, it is recommended to contact SelectHub for a tailored quote based on individual requirements.
User Sentiment User satisfaction level icon: excellent
Cost Breakdown
$10 or less
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android

Hiveage

by Hiveage
Hiveage
Hiveage is a comprehensive software solution designed to streamline online invoicing and billing processes. It is particularly well-suited for freelancers, small businesses, and service-based industries due to its user-friendly interface and robust feature set. Hiveage offers unique benefits such as time tracking, expense management, and recurring billing, which enhance its utility for businesses that require detailed financial oversight and regular client billing. One of the standout features of Hiveage is its ability to handle multiple currencies and integrate with various payment gateways, making it ideal for businesses with international clients. Users appreciate the software's intuitive dashboard, which simplifies the management of invoices, estimates, and payments. Additionally, Hiveage's reporting tools provide valuable insights into financial performance, aiding in better decision-making. Pricing for Hiveage varies based on the number of clients and features required, with options for monthly or annual payments. For specific pricing details, it is recommended to contact SelectHub for a tailored quote. Overall, Hiveage distinguishes itself with its ease of use, comprehensive features, and flexibility, making it a preferred choice for efficient online invoicing and billing.
User Sentiment User satisfaction level icon: excellent
Cost Breakdown
$10 - $100
Company Size
Small Medium Large
Deployment
Cloud On-Premise
Platform
Mac Windows Linux Chromebook Android