Accounting software has invoicing capabilities However, invoice-specific solutions provide more extensive templates as well as more automated billing processes. We’ve examined several invoice systems that provide smarter invoices, faster payments and more useful reporting to provide a better business management experience.
Bonsai, a free invoicing tool for freelancers and startups and small-sized businesses is a favorite due to its easy-to-use interface and automated reminders. It lets users create invoices within seconds and efficiently organizes expense information as well as offering an array of payment options, such as PayPal and credit card.
Create professional-looking invoices easily with the variety of options that can be customized. The free plan only allows for five invoices. A paid version is also available that includes staff invoicing and more clients. Its recurring billing feature is simple to set up, and the dashboard shows all outstanding payments in real-time.
Wave’s invoice functionality isn’t as robust as some other products we’ve tried, but it provides unlimited invoices with watermarks and a user-friendly interface. The basic plan is perfect for small-scale service-based businesses as well as freelancers while the Pro plan lets teams use the service and more financial reports.
Another option that is gaining popularity, Xero is a cloud-based system that gives you a complete accounting system for a streamlined business experience. It includes billing, customer support and project management. It integrates with a range of payment gateways, such as PayPal and Stripe, and integrates with dozens of productivity, sales and marketing applications. Its mobile app lets customers keep track of their finances, including recording receipts and expenses, sending prepayment invoices to clients and keeping a track of all purchases made within the app.