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    Top 10 Best Invoicing Software For 2022

    By Abhishek A Agrawal
    May 3, 2022

    Even if you’re a small business owner, you’ll see busy days where you can’t keep track of every transaction manually. As a result, you may end up miscalculating prices or accidentally forget to update inventory. 

    Fortunately, invoicing software can help you avoid these costly mistakes. Read on to learn everything about invoicing software, including our picks for the best invoicing software in 2022!

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    What Is Invoicing Software 

    Invoicing software automatically generates billing for your products and services. Instead of having to type out individual invoices, this software can generate them within seconds – saving you a lot of time and energy.

    How Does Invoicing Software Work

    Generally, invoicing software works by storing a database of your available work items or products alongside their prices. When you create an invoice, the software combines these two data to create an invoice showing how much your client needs to pay.

    What Makes Great Invoicing Software

    Many things make up great invoicing software. Here are two features typically found in the best invoicing software. 

    • Easy quote-to-invoice conversion: Converting quotes to invoices can be a hassle, especially if you’re dealing with many projects at once. The best invoicing software should automatically convert quotes into invoices as soon as the client approves of them. This way, you can process payments quicker. 
    • Automatic bookkeeping and expense tracking: Connecting your invoicing software with your accounting tools saves you a lot of time. In addition to cutting down the time spent on moving records, you also prevent double-entry accounting and make it easy to get detailed reports on your sales.

    What Are The Benefits Of Using Invoicing Software

    Here are just some of the benefits you’ll get by implementing online invoicing tools:

    • Send invoices to customers faster: If you’re a small business owner, you may not have enough time to create individual invoices for all your clients. Most invoice apps let you do bulk invoicing and send them all out at once, saving you a lot of time and effort. 
    • Improved invoice accuracy: Automatic invoicing software does most of the work like filling dates and fitting layouts by itself. All you need to do is to examine the final result and send them out. There’s less risk of human error, and you’ll be able to spot mistakes faster.

    Choosing The Right Invoicing Software 

    With all the options available, choosing the right invoicing software isn’t easy. Here are two tips you can follow to pick the best invoicing and bookkeeping software:

    • Know what you need: First of all, you need to identify your requirements. List down everything you need out of invoicing software, like payment tracking, business accounting software integrating, etc. Then, look for invoicing and bookkeeping software that fulfills most, if not all those needs. 
    • Figure out your budget: The best standalone invoicing software should provide everything you need and fit your budget. Set a reasonable budget for the software purchase and look into whether your software option has smaller monthly fees for annual subscriptions.

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    How We Evaluated The Best Invoicing Software Options

    We spent dozens of hours researching our software picks based on a host of criteria. These criteria include subscription price or transaction fees, time-saving automations, integrations with accounting solutions, and customer service availability. 

    If you’re looking into invoice software options outside our top ten, you can also use these criteria in your research.

    Our Top Picks For The Best Invoicing Software For 2022 

    These are our best ten picks for the best invoicing software: 

    PayPal

    As one of the largest online payment providers in the world, PayPal also offers an app for invoicing that makes it easier to ask for and receive money from clients. Moreover, you can integrate PayPal’s invoicing app with numerous other apps through Integrately. Other additional features found in PayPal’s invoicing app include:

    • Mobile device support: Create invoices on your phone and send them out in a flash.
    • Customizable invoice template: Insert your logo and contact information to personalize invoices.

    Plans & Pricing

    PayPal’s invoice app is free of charge. 

    FreshBooks

    FreshBooks’s invoice software is built especially for business owners and lets you create an invoice within seconds. It also boasts hundreds of app integrations through Integrately. FreshBooks also offers advanced features to complement its invoicing like:

    • Client follow-up automation: Send out automatic payment reminders and automatically charge late fees to enforce timely payments.
    • Deposit request: Set upfront deposits for client invoices so you don’t have to pay out-of-pocket business expenses. 

    Plans & Pricing

    FreshBooks’ paid plans start at $6/month.

    Zoho Invoice

    Part of Zoho’s all-in-one business platform, Zoho Invoice lets you keep a close eye on your client invoices’ payment status. You’ll also get a wide range of key features like:

    • Project time tracking: Effortlessly calculate billable hours to accurately value your project.
    • Estimate creator: Create quick job estimates to get approved for projects faster.

    Plans & Pricing

    Zoho Invoice is completely free of charge.

    Stripe

    Stripe is an online invoice and billing software used by everyone from small businesses to major Fortune 500 companies. In addition to offering hundreds of app integrations through Integrately, Stripe also boasts features like:

    • No-code implementation: Implement Stripe’s invoice app without any extra coding.
    • Invoice dashboard: Keep track of every invoice you’ve issued on one screen.

    Plans & Pricing

    Stripe’s invoicing tools give you 25 free invoices monthly. Afterward, it’ll charge 0.4% for every invoice.

    Fiverr Workspace

    Now renamed Fiverr Workspace, the former AND.CO provides a host of business tools like proposal creators, time tracking dashboards, and invoicing software. Fiverr Workspace’s invoicing and billing software provide a wide range of powerful features like:

    • Automated payment reminders: Send reminders of unpaid invoices to prevent late payments.
    • On-the-go invoicing: Create professional invoices from anywhere on mobile and desktop. 

    Plans & Pricing

    In addition to the basic free plan, Fiverr Workspace’s premium plan costs $24/month.

    Square

    All-in-one business software Square features connectivity with over one thousand apps through Integrately. Its invoicing solution also offers a set of advanced features like:

    • Digital signatures: Close deals faster with electronic signatures.
    • Customer directory: Organize your clients’ contact information on one dashboard.

    Plans & Pricing

    Square’s premium features cost $20/month. 

    Invoice2go

    Contrary to its name, Invoice2go provides various business solutions for your company, from customer relationship management to invoicing. Some of the invoicing features it boasts include:

    • Custom invoice formatting: Represent your brand with a customizable invoice template.
    • Flexible invoice delivery: Bill clients through various platforms like email, WhatsApp, and Facebook Messenger. 

    Plans & Pricing

    Invoice2go’s premium plans start at $39.99/month. 

    Invoice Ninja

    Invoice Ninja helps you invoice clients and get paid faster with app integrations through Integrately, alongside features like:

    • Credit card and online payment processing: Take online and credit card payments without extra setup.
    • Recurring invoice generator: Set recurring invoices for repeat jobs easily.

    Plans & Pricing

    Invoice Ninja offers a basic free plan as well as pro plans that start at $10/month.

    Hiveage

    Hiveage is an all-in-one invoicing software solution that makes it easier to get paid through features like:

    • Automatic invoice generator: Convert estimates into customized invoices with a single click.
    • Online quotation: Deliver job quotes simply by sending a link.

    Plans & Pricing

    Hiveage’s paid plans start at $16/month.

    Harvest

    While it’s primarily used as time tracking software, Harvest’s integrations with other apps through Integrately make it a good choice for invoicing. Moreover, it also offers features like:

    • Automatic invoicing: Convert billable time spent on the project into invoices within seconds.
    • Recurring invoice automation: Allow your clients to pay for recurring invoices automatically through Stripe.

    Plans & Pricing

    Harvest’s pro plan costs $12/month per user.

    What’s The Best Invoicing Software For You 

    The best invoicing software for most people is going to be Paypal. Paypal Invoicing is free and is very widely used, meaning most of your clients will be familiar with it. However, if you’re looking for a paid invoicing software that’s a little more user-friendly, go with Freshbooks. 

    If you want to supercharge your invoicing software’s functionality, sign up for Integrately today and get thousands of app integrations free of charge!

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    Frequently Asked Questions About Invoicing Software

    Have further questions about invoicing software? Here, we answer a couple of them:

    FAQs about Invoicing Software

    Is invoicing software safe?

    Invoicing software is very safe to use! Invoicing software deals with sensitive company data every single day – that’s why most of them have world-class security measures that ensure your data won’t leak.

    Can you make invoices with Microsoft Office?

    Yes, you can easily make invoices with Microsoft Office. However, creating invoices with Office means you have no reliable way to track them once you send them to your customer.
    Author - Abhishek A Agrawal
    Abhishek is the founder of Integrately, CompanyHub, and Dreamwares. He is passionate about technology and entrepreneurship. He is always looking to leverage technology for the growth of the business. He has a deep understanding of how businesses work and uses this knowledge to build products that help entrepreneurs grow their businesses.
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