The Electronic-based invoicing system became a revolutionary tool and is available to many businesses since 1960’s with all the efforts to go paperless. Over the past three decades, the invoicing software development has gone through many changes. Now these days, the software is more complex, has great speed and is available with many improved features. That is why, so many businesses are having similar sort of invoicing solutions.
Invoicing software are now capable of automating the entire accounting process. Moreover, businesses are able to automate 50% of manual financial protocols by using invoicing solutions. This software helps you in many area, starting from keeping track of payments send & receive, processing & sending invoices to balancing the financial books.
Invoicing software takes care of the customers in their payment issues, as it automates their payment from their client and keeps the check on regular interval. With these invoicing solutions, businesses get quick payments; therefore, being able to reinvest quickly and respond to the market they are currently investing. Furthermore, purchase orders are also processed quickly by keeping clients happier.
Due to rapid growth of invoicing software, now it is easier to analyze and forecast financial data of a business which in turn help in better decision making with all the available information. In this post, we will show you some of the top 10 invoicing software solutions for your business.
1. Quickbooks
Quickbooks is created by Intuit a well-known SaaS provider and it one of the best and famous invoicing solutions on this list. It is a business level invoicing software which allows you get business level invoicing and customer relationship management. Moreover, it easily automates all the invoicing requirements, keeps track of customers and vendors, handles various banking related tasks including other things. One of the biggest selling points of Quickbooks is that it provides you features for high-level reporting so that you can easily project your upcoming business objectives by using its profit-loss reports.
System Requirements
- Operating System: Windows 7 or Later
- Processor: Requires 2.4 GHz Processor
- Space Required: 2.5 GB Hard Disk Space
2. Invoicera
Invoicera is one of the most feature-packed invoicing software in this list. Once you activate Invoicera in your system, it allows you to deal with your accounts payable and receivables, fixes, and tackles all payment issues and reports an in-depth analysis of all your financial activities.
What makes Invoicera outstanding from others is it allows you to manage multiple accounts and companies together. Currently, Invoicera is integrated with many payment gateways and its secured payment options manage all the subscriptions in different languages and currencies. Furthermore, it offers some of the best permissions for staff in the industry.
System Requirements
- Operating System: Windows 7 or Later
- Processor: Requires 2.5 GHz Processor
- Space Required: 2.0 GB Hard Disk Space
3. Freshbooks
Freshbooks is one of the leading invoicing software available with 5 million active business users. It is an ideal solution for small businesses who want to work on bigger and more complex tasks of invoicing. Moreover, it is very easy for businesses to integrate their business platform with Freshbooks. Plus, it has the option to customize and automate invoices so that you can’t miss any payment.
Freshbooks is also available as a mobile app which allows users to keep the track of their payments using smartphones. If you are looking for a powerful, simple, and easy to use invoicing solution than Freshbooks is an ideal choice for you.
System Requirements
- Operating System: Windows XP or Later
- Processor: Requires 2.0 GHz Processor
- Space Required: 1.7 GB Hard Disk Space
4. Zoho Invoice
Zoho Invoice provides you all the business assistance you are looking for in order to collect the payments right in time and helps in maintaining a strong relationship with your clients. This invoicing solution allows facilitated time tracking, is quick and on-point, accepts online payments, reminders are automated, and time management is effortless. What another good thing about it is it integrates other multiple Zoho and third-party products which allow data migration seamlessly.
System Requirements
- Operating System: Windows Vista or Later
- Processor: Requires 2.2 GHz Processor
- Space Required: 1.3 GB Hard Disk Space
5. Wave
Wave is another invoicing solution which works as the combination of invoicing, receipt scanning, and accounting all in one package. Features of Wave invoicing software are very simple as it contains simple looking dashboard where every control is present, so learning this tool is not at all difficult. The software is free of cost. Moreover, this tool lets you send automated invoices, keep your ledgers balanced, tracks income and expense and much more without hiding any costs or charges.
System Requirements
- Operating System: Windows XP or Later
- Processor: Requires 1.8 GHz Processor
- Space Required: 800 MB Hard Disk Space
6. ZipBooks
ZipBooks is one of the top invoicing software for small businesses, freelancers, growing businesses, and contractors. This web-based invoicing solution broadens the financial processes and enhances productivity significantly, which results in quick payments. With a wide list of its financial partners, it also enables accepting payments using credit cards just like enterprise level invoicing software do. ZipBooks integrates with other tools like Google Chrome, Astra, Google Maps, Slack etc. seamlessly.
System Requirements
- Operating System: Windows 7 or Later
- Processor: Requires 2.5 GHz Processor
- Space Required: 2.0 GB Hard Disk Space
7. FinancialForce Accounting
FinancialForce Accounting is one of the easiest tools to learn and makes the use of ERP software which is built on CRM engine. This tool runs on Salesforce cloud platform which makes sure that you are getting a cost-effective and efficient solution which can deal with your client with end-to-end services. Its integration allows you to record all the data. It has the ability to handle cross exchange currency and handle multiple company transactions with ease. In addition, with the available templates, you can create the report according to your requirement.
System Requirements
- Operating System: Windows 7 or later and Mac OS
- Processor: Requires 2.5 GHz Processor
- Space Required: 2.0 GB Hard Disk Space
8. Invoicely
Invoicely is one of the free invoicing solutions created for small businesses which completely focuses on accounting and billing. By using it, you can keep all your financial records under your control, and it uses a fully-featured suite of business reports and analyze the situation of your budget. It supports various online payment gateways like PayPal, Mollie as well as leading credit card providers also. Moreover, this tool is equipped with time and expense tracking which takes 60 seconds to convert it into a proper invoice.
System Requirements
- Operating System: Windows 7 or later and Mac OS
- Processor: Requires 2.0 GHz Processor
- Space Required: 1.0 GB Hard Disk Space
9. Brightpearl
Brightpearl is more like a sales software and everything else. It is retail management system which integrates with Magento, eBay, BigCommerce, Shopify, Amazon etc. They have provided multiple channels for growing your business. This tool handles invoicing, customer data, orders, and accounting as well as reporting in one tool altogether. For invoicing it uses a very straightforward approach to tracking incoming and outgoing transactions through multiple channels and automating invoices.
System Requirements
- Operating System: Windows 7 or later and Mac OS
- Processor: Requires 2.2 GHz Processor
- Space Required: 1.5 GB Hard Disk Space
10. BillingEngine
If you are a creative professional or a small company that is looking for the right software to handle their accounting and invoicing requirements, BillingEngine should be your pick.
Based on a cloud based model, BillingEngine can help you easily access its services with just a few clicks wherein you can access your data from any place in the world as all your invoices are always synchronised across all your devices. With no need of installation, the software features a 1-click delivery to let you email the invoices to your clients with a single click.
The software also offers foreign currency exchange rates by automatically updating and pasting up-to-the-minute exchange rates into the invoice. You can check out the pricing for the software, here.
BONUS:
- Indy Invoice Software
The Indy Invoice Software uses the industry’s most trusted online payment solutions, and clients are one click away from paying using the method of their choice. Indy is an all-in-one management software that helps self-employed people and small businesses easily manage their invoices. Invoice templates include all the info your clients need and give you the ability to add your personal branding. You can link working hours directly to an invoice using the Time Tracker tool and save yourself time.
System Requirements: Web, Android app
Conclusion
The choice of the invoicing software totally depends on the workflow of the business and what accounting procedure it follows. We have listed this 10 software based on certain criteria such as ratings of the tool, its availability, its technical support, and most importantly its fees. Therefore, choose the tool wisely as one bad selection can lead to loss of both money and time for your business.