A billing and invoicing software automates the process of creating and sending invoices to clients. It can also track payments and send reminders for overdue payments. The software can generate reports on billing and payment history, eliminating the need for manual record-keeping.
Billing and Invoicing Software
Billing and invoicing software allows your business to automate all the pesky and tedious tasks that are associated with sending out invoices or quotes to customers. No more need to worry about making mistakes about whether you plugged in the right numbers, have the right format or are compliant with relevant rules and regulations!
Our selection of 25 billing and invoicing software
Pricing on request
Streamline your billing and invoicing process with powerful automation tools that save you time and money.
Airbase offers a range of features that make billing and invoicing a breeze. From customisable templates to automated workflows, you'll be able to create and send invoices quickly and easily. Plus, with detailed reporting and analytics, you'll always know where your finances stand. Say goodbye to manual data entry and hello to streamlined invoicing with Airbase.
Read our analysis about AirbasePricing on request
Automate your invoicing process and get paid faster with this billing software. Easily create professional invoices and manage your finances in one place.
Say goodbye to manual invoicing and hello to streamlined billing. With this software, you can track expenses, send payment reminders, and even accept online payments. Plus, easily generate reports to monitor your business finances.
Read our analysis about Invoice generatorPricing on request
Streamline your billing process with this software. Create and send invoices, manage payments and track expenses all in one place.
With this billing and invoicing software, you can easily create customised invoices, automate recurring billing, and manage customer data. Keep track of payments and expenses with detailed reports and streamline your accounting process.
Read our analysis about SiwappPricing on request
Streamline your billing process with this invoicing software. Automate invoices, track payments, and manage your clients effortlessly.
Never miss a payment with automatic reminders and customisable payment schedules. Create detailed reports and gain invaluable insights into your business's financial performance.
Read our analysis about OpenSourceBillingPricing on request
Automate your billing process and receive payments online with this user-friendly software. Customise invoices, track payments and generate reports effortlessly.
BoxBilling's intuitive interface makes it easy to manage your billing and invoicing needs. With features like recurring billing, tax calculation and multi-currency support, you can streamline your business operations and save time. Plus, the software integrates seamlessly with popular payment gateways, giving your customers a hassle-free payment experience.
Read our analysis about BoxBilling2
Billing and Invoicing software: purchase guide
What is Invoicing Software?
Definition
Invoicing software allows businesses to automate almost everything that has to do with quotes, invoices, payments and follow-up and tracking. Businesses that use invoicing software can even monitor and track, in real-time, their cash-flow and online payments.
Even more, invoicing software is a small business's best friend and solution, most software programs are designed to be used by small businesses and entrepreneurs, who don't even have an accountant!
What is Billing and Invoicing?
An invoice is a physical, or most of the time these days, digital document showing the amount owed by a customer.
Billing and invoicing software is specifically designed to help companies like yours with everything related to invoicing. Manage documents, contacts and adiminstrative tasks, it even allows you to customize templates for each customer and type of invoice.
Invoicing software even takes care of all the specifics, just create a template and enter all the pertinent information like the name of the customer, address, date of sale, number of goods sold, price, etc. and it will take of everything else. Just by typing in a few basic details about the sale, invoicing software can create the perfect invoice that will even list things like the specific due date, and penalities for passing that date.
What's more, invoicing software even allows you to manage inventory and relationships with clients.
What Are the Main Features of Invoicing Software?
Besides the normal features that you'll use on a daily basis, like creating, sending out and following up on invoices, here are some other features that invoicing software offers:
- Generate quotes and invoices,
- Create invoice templates,
- Manage customer files
- Edit invoices with all required legal information
- Automatically remind customers of late payments
- Apply discounts to invoices and improve customer relationships,
- Create order forms and delivery notes
- Access accounting documents and entries by the Chartered Accountant
- Most software plans allow you to access see everything in real time from their app
What Are the Benefits of Using Invoicing Software?
Advantages
Here are some reasons why you shouldn't go without invoicing software:
- Doing invoices by hand or by yourself with tools like Excel may lead to big mistakes
- It automates all customer management, document creation for your customers and your accountant
- It allows you to manage and process your company's cash flow
- It allows you to make a perfect layout
- The service usually supports recurring invoicing and reminders
- It automates administrative tasks like sales tax returns
Disadvantages
- Foreign software not opitmized or explicitly created for the UK market could potentially lead to major errors on the regulatory compliance front
What Types of Invoices Can You Create With Invoicing Software?
Here are the different types of invoices that you can create using invoicing software:
- standard invoices,
- bill invoices
- commercial invoices
- progress invoices
- timesheets
- utility invoices
- recurring invoices
- pro-forma invoices
What Should You Pay Attention to When Choosing Your Invoicing Software?
Buying a program with too many bells and whistles might sound like a good idea, but it may lead to confusion down the road. Stick with a program that's really good with the essentials and look out for:
- the ergonomics of the software so that the functions are quickly accessible and easy-to-use.
- the customization of documents. The invoice must be able to include your logo and your company's colors so that there's a sense of unity and harmony..
- the safety of your online billing data
- the price: publishers offer different types of subscriptions depending on the number of employees, also either month-to-month or annual plans. Although there are free, mostly open source programs and products
- contact management should make it possible to provide all the necessary information about customers
Online or Single-User Invoicing Software?
Both have benefits, it is mainly about choosing the best software that correspond to the needs of you and your company.
Single-User Software
Single-user invoicing software provides greater data protection and you can more easily measure the cost of the investment. You buy software that is installed on your computer system or on the computers of your company. Updates happen regularly. Please note that you will only have access to your data from your company computer. If you want to add reminders, enter expense reports or check the treasury, invoices, and quotes, you will have to do it from the office.
Online Invoicing Software
Online invoicing software is sometimes the better option to go with because updates are made every time the software maker changes and you can get new modules. You have access to the platform in SaaS mode from any computer that is connected to the Internet. The price often varies depending on the number of employees who will have access to your invoicing software. Thus the price for a self entrepreneur software will be different from a micro business, small or medium sized companies or large companies.
What is the best software for invoicing?
Here are our top ten picks for the best invoicing software:
Billing and Invoicing softwares: Q&A
Look for features that match your business needs. Features may include automated invoicing, online payment processing, customer management, and customisable templates. Some software also offers time tracking, inventory management, and project management.
Billing and invoicing software can save your company time and money by automating the invoicing process. This helps to reduce errors and improve cash flow. The software also assists with financial record-keeping and can provide insights into financial performance with reports and analytics.
The best billing and invoicing software options depend on your business needs. Some popular options are Xero, QuickBooks, and FreshBooks. These software offer diverse features, pricing plans, and integrations with other software.
Some free billing and invoicing software options include Wave, Zoho Invoice, and Invoicely. These software offer basic features such as invoicing, payment tracking, and customer management. However, they may have limitations on the number of clients and invoices processed.