Electronic invoicing solutions became a game changing tool available to businesses starting from the 60’s all in the effort of going ‘paperless’. Within the next three decades, electronic invoicing software was developed and the complexities, speed and working capacities of these said software got better and better, that now, every medium to large sized company would have some sort of these solutions utilized. It is now a staple for businesses in general.
Invoicing software solutions are now able to pretty much automate the whole accounting process. Business are able to automate upwards of 50% of all manual financial protocols. Starting with processing and sending invoices, keeping track of payments received and payments made, and balancing the financial books. Business are more able to get payments faster, thus being able to reinvest a lot quicker and respond faster to the market that they’re conducting business in. Customers are taken better care of because delays due to payment errors are minimal to none whereas non-compliant payers are kept in check. Purchase orders are processed faster therefore keeping vendors happy. Business growth was easier to forecast and business owners and board members were able to make better business decisions with the information they were able to analyze and get. Everybody happy.
So, you’re probably thinking, “Ok. This sounds all well and good but, which one do I choose?” Just like any business software you have to be able to make an educated decision when implementing one of these invoicing software solutions in your company. Well, we know how important this question is and that’s why our team of highly qualified B2B experts and reviewers went to the task of gathering the best invoicing software solutions currently in the market to give you the 10 best invoicing software solutions in the market for you to check out. We urge you to take a look and see what we were able to gather, and hopefully we’d be able to help you out in finding the right ‘shoe’ to fit and try on.
Freshbooks is by far one of the leading invoicing software solutions available in the market with around 5 million businesses maximizing its capabilities. Freshbooks is perfect for small businesses that want to take on bigger and more complex invoicing tasks. Freelancers that want to give off more of that “professional” look to their business will also benefit greatly with how quick and simple it’s done on Freshbooks.
With Freshbooks, it is very easy to integrate into your business platform. Personalize and automate your invoices so you don’t miss a payment. Improve communications between your teams and your vendors through collaboration. Completely do away with human error that can prove to be costly for your business. Stay on top of your business by automating invoicing alerts and be able to strategize your quarterly and even yearly projections using Freshbooks reporting capabilities. If that’s not enough, Freshbooks is also available on mobile so you can be on the go and still be able to keep up with your invoicing. If you want it simple, powerful and easy to use solution, then Freshbooks is an invoicing software solution that you should definitely consider.
If you’d like to try out the solution first the vendor offers a great free trial plan. You can easily sign up for FreshBooks free trial here.
Tipalti is a SaaS end to end invoicing solution. Payment and invoicing automation is not just what it is good at but also tax compliance processing as well. This KPMG-certified app collects US tax forms automatically. This also generates the 1099 forms at the end of each year. It is also able to identify and protect against illicit financial processes done by hapless victims of money launderers and other unsightful entities, so you are very well protected. This app is able to automate and streamline the generation of tax reporting thus allowing for your team to be more able to perform other necessary tasks and not have to pour precious time and effort into tax reporting, which is not only a very important task but also a government mandate.
On top of that, Tipalti has a very powerful reporting tool so that your financial teams are able to generate a more detailed report. This process is coupled with the taxation compliance capabilities of the SaaS application makes your financial management a task that is no longer tedious and time consuming.
If you want to check its comprehensive feature set, you can easily sign up for Tipalti free trial here.
QuickBooks Enterprise is a comprehensive accounting platform purpose-built for high-growth businesses. It offers end-to-end solutions that cover financial management, reporting, vendor management, and purchasing management. What’s more is that this platform provides users with business-specific features, making it easier to manage your processes according to industry regulations.
In addition to the above-mentioned functionalities, QuickBooks Enterprise also comes with a robust sales and customer management module. With this, you can manage your invoices from creating custom templates to scheduling when they should be sent. It also comes with a batch invoicing feature which comes in handy if you need to send invoices to multiple customers at once. Moreover, the platform comes with a Collections Center that will help you identify due invoices and send customers email notifications without having to exit the software.
If you think that this platform is suitable to your operations, the vendor offers a great free trial plan that will allow you to check out all its key features first-hand. You can easily sign up for QuickBooks Enterprise free trial here.
The beauty with Xero is the way it makes the process of creating your invoicing, ‘beautiful’. It’s easy to be creative with Xero. Create your automated invoices from scratch, or if you think you’re not feeling artistic enough, just choose from the available templates that Xero provides and just activate fields you’d want to use. It’s cloud-based so onsite installation and software compatibility are not issues to worry about.
Work on the cloud, on any device and get paid in an instant so you don’t have to wait. Financial managers don’t need to lug around bulky ledgers. They just log in and all the reports are easily presented so they can work faster. Balancing your books is automated so you don’t need to worry about payments and funds falling into the cracks and missing.
One thing that we really enjoy with Xero is the fact that it is very safe. A lot of effort had been put into making it a secure invoicing software so that you don’t have to worry about any data loss. Everything is saved on the cloud and backed up using secure servers so being able to track your financial books is easily retrievable.
There is also a great free trial plan available if you want to check out all the key features first. You can easily sign up for Xero free trial here.
Zoho Invoice, a very big player in the world of business applications and solutions has an excellent invoicing offering in Zoho Invoice. Zoho Invoice is perfect for small and medium businesses that need a strong invoicing solution for their financial monitoring and processing needs. Freelancers, photographers and one man business outfits can benefit from using Zoho Invoices to simplify their invoicing processes and create a more commercial feel.
Invoice creation is very quick and easy. Templated examples are made available or if you want to create your own, Zoho Invoice makes it easy. Track every transaction and be able to do online payments is also something that Zoho Invoice does very well. Transact internationally and online using its ability to handle different languages and currencies. On top of this, Zoho Invoice is a very affordable option, but in no less any devoid of quality that Zoho is known for.
Intacct is a powerful invoicing tool for companies of all sizes. It requires minimal manual calculation and pretty much automates everything else. Capable of growing orders, it is capable of handling unexpected client growth without any help or need to make changes. It is a straightforward application that automates your invoicing from creation, to sending and payment reception so human error from manual manipulation and encoding doesn’t become an unwelcome situation for you.
It is able to integrate with Salesforce so you don’t have to find a different solution that is more compatible. Once utilized you can hit the ground running with Intacct Subscription and Billing so you don’t need to lose time in getting things done.
FinancialForce Accounting is a very easy to learn and utilize ERP software that is built on a CRM engine. This application runs on the Salesforce cloud platform so you can make sure that you are getting an efficient and cost-effective solution that can take care of your journey with your client from end-to-end is seamless. This integration makes for all of your data to be in one record system.
It has the ability to handle cross-currency exchanges, handle multiple company transactions with ease. Reporting financials are also done quite well so you can make year-to-date views and help you with your projections for the next quarterly goals. Creating such reports are also very easy because of the templates available for use. Invoices are also done quite easily thus limiting human error and all of this is beyond what one would expect from an invoicing software application. If you are a company that’s looking towards finding an invoicing software, and you’re running Salesforce as your CRM, then look no further.
This next application is great for one-man to small team outfits. Being in a smaller organization does not mean that your invoicing needs are anything less… as a matter of fact, they might even be more important because it could mean further growth for your company. Wave is an accounting and finance software that combines accounting, invoicing and receipt scanning all in one nice package. It features a very straightforward dashboard that where everything that is essential is presented, so learning how to use this software is not rocket science.
This software is free. Yes. You heard me. Coming across an application that gets the job done in helping you keep your ledgers balanced, sending automated invoices, does income and expense tracking and more without any costs or hidden charges is definitely a no-brainer for any startup or freelancer.
Brightpearl is more of a sales software, and everything else. This is a retail management system that integrates with Amazon, eBay, Magento, Shopify, Bigcommerce and ekmPowershop so you have multiple channels to grow your business in. It handles orders, customer data and accounting, as well as reporting all in one.
For invoicing, it’s straightforward approach in automating invoices, tracking incoming and outgoing transactions through the multiple sales channels listed above makes it a very capable invoicing solution.
CheckIssuing offers a reliable third-party check/document printing and mailing services that touts high security checks and fraud protection features to safeguard all sensitive information. Envelopes come with black security tine and touts security features such as chemical wash detection and toner anchorage, among others.
With its administration system, you can securely handle streamline your end to end invoicing processes. To properly reflect your company’s branding, this platform allows you to personalize checks by including the company logo, notes, and other elements. CheckIssuing is highly-scalable and provides a volume-based pricing for its printing services.
FinancesOnline is available for free for all business professionals interested in an efficient way to find top-notch SaaS solutions. We are able to keep our service free of charge thanks to cooperation with some of the vendors, who are willing to pay us for traffic and sales opportunities provided by our website. Please note, that FinancesOnline lists all vendors, we’re not limited only to the ones that pay us, and all software providers have an equal opportunity to get featured in our rankings and comparisons, win awards, gather user reviews, all in our effort to give you reliable advice that will enable you to make well-informed purchase decisions.