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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!

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Professional group
Accounting & Finance
Operations Management
Accounting & Finance
Sales & Customer Management
Human Resources (HR)
Marketing
Technology
Collaboration
IT Services
Communications
Construction
Transport
Analytics
Education
Recreational Activities
Legal
Health
Association Management
Commercial
Services
Agriculture
Art
Media
Government
Corporation
Manufacturing
Law
Finance
Category
Billing and Invoicing
Billing and Invoicing
Accounting
Subscription Management
Payment Gateway
Expense Management
Accounts Payable
Corporate travel management
Risk Management
Contractor Management
Treasury Management System
Payment Processing
Bank reconciliation
Cash Register
Debt Collection
Audit
Purchasing
Financial Reporting
Trading
Asset Tracking
Investment Management
Financial Fraud Detection
Trust Accounting
Compliance
Financial Risk Management
Accounts Receivable
Budgeting Software
Anti-Money Laundering
Tax Management
Revenue Cycle Management
Mortgage and Loans
Billing and Provisioning
Utility Billing
Order Entry
Enterprise Asset Management (EAM)
Business Card
Business relationship management
Online Bookkeeping Services
Budget Management
Accounts Receivable Automation
Management Control
Job Costing & Cost Management

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A simple and easy Billing, Accounting & Inventory solution
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Sage Compta & Facturation

Easy online management of quotes and invoices
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Ciel Devis Factures

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ClicFacture

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vcita Online Payment Software

Quote, invoice and bill clients – all in one, simple app.
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IABAKO

Online Invoices,Quotes and more! designed for small business
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Sofacto

Native Quote & Subscription Billing for Salesforce.
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Quipu

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Billing and Invoicing: 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 US 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: