Small Business Guides

Top 10 Billing Apps For Small Business

Before computers and the Internet, businesses relied on manual invoicing systems which proved tedious, error-prone, and costly.

The need for an effective billing system gave rise to an electronic invoicing solution. Alongside accounting software and internet banking, billing apps were introduced in the late 20th century. With this new technology, invoicing processes became streamlined, digitized, and automated. It also paved the way for paperless invoicing. From the heyday of off-the-shelf software applications, these apps are now delivered through the cloud which makes them even more advantageous.

Due to its numerous benefits, billing solutions have become widely adopted. Businesses invest heavily in these applications to leverage its advantages. In 2020, global IT spending is expected to reach about $3.46 trillion which includes accounting software applications.

Nowadays, the majority of businesses – both small and large enterprises – integrate billing solutions in their operations. Although it’s not hard to appreciate the rewards of electronic billing, choosing the right fit for your business can be tough. Developers of enterprise billing platform, Kansys emphasized the importance of utilizing a compatible solution for optimal efficiency. There are tons of options available which makes it extremely challenging.

To help trim down your options, here is a list of ten billing software solutions that could cater to your business needs.

FreshBooks

One of the favorite billing application software solutions, FreshBooks is an easy-to-use and powerful tool with over 5 million enterprise users. This billing IT solution is ideal for small businesses that are grappling with growing and complicated invoicing tasks. FreshBooks integrates easily with your business platform. It allows you to create professional, personalized invoices that are completely automated. With its scheduling feature, you are assured that customers receive their statement of account promptly. As a result, you’ll get paid timely too. FreshBooks also comes with a mobile app, which enables remote access.

Zoho Invoice

Zoho Invoice is a straightforward online invoicing app that allows you to create professional invoices. With this IT solution, you just need to sign up and start sending invoices to customers. Aside from the billing module, the software offers other capabilities, such as multiple currency compatibility, time-tracking module, sales and marketing tools, digital payment gateways integration, and collaboration with other team members. The subscription plan starts at $9 per month although you can also avail of the 14-day trial.

Xero

Xero is an online accounting software with comprehensive features, such as invoicing, inventory, dashboard, bank connections, expenses, bank reconciliation, payroll, project management, and bills payment. These features allow you to create and gather records that can be applied in invoices and other transactions. Basically, it’s an all-around business finance management tool that can benefit every business. You can try this software, albeit with limited features, with its free 30-day trial. The pricing starts $20 per month.

Invoiced

Invoiced is reliable accounts-receivable software delivered through the cloud. One of the most advanced invoicing software solutions, the technology automates the four aspects of billing under the following modules Invoice-to-Cash, Subscription Billing, Payment Plans, and Customer Portal. These integrated features ensure a seamless process from invoice creation to payment. Invoiced has a very user-friendly interface and makes recurring monthly billing simple by sending pre-scheduled invoices thru email or mobile phone.

Invoicera

A popular billing solution, Invoicera has over two million subscribers. The software is customizable to your business needs, integrates with existing IT systems, and hosts in your own IT infrastructure. It connects businesses and their clients to ensure a steady cash flow. It contains functions for creating and managing bills, integrating digital payment gateways, and tracking payments. Save your time and effort sending recurrent invoices with this software. The Starter subscription is free but limited to 3 clients. Meanwhile, the Pro program starts at $15 per month. If you want unlimited they also have an Infinite package for $149 per month.

Hiveage

Launched in 2014, Hiveage is a cloud-based invoicing and billing software. It boasts of over 65,000 satisfied enterprise owners. Its features are anchored in managing three vital aspects of a business – money, customers, and your team. Hiveage is a straightforward software solution with very intuitive functions and features including online invoicing, payment gateways, recurrent billing, time and mileage tracking, estimates, financial reports, expense tracking, and team management. Sign up is free but basic plans start at $16 per month.

Invoicely

Invoicely is a solid invoicing platform with over 100,000 subscribers. The cloud-based program contains all the billing and invoicing functions small businesses need.  It allows you to create beautiful, customized invoices, estimates, and quotations. It streamlines and automates workflow, sends electronic billing and reminders, records clients client information, supports multi-currency transactions, incorporates taxes, discounts, and shipping, and tracks mileage and expenses. Invoicely allows unlimited invoices which makes it ideal for small businesses with numerous transactions. Pricing starts at $9.99 for the basic plan.

Sage Business Cloud Accounting

Originally launched in 2011 as Sage One, Sage Business Cloud Accounting is more than a billing solution. Sage is a robust, cloud-based software application equipped with an array of business management tools and features. Its simplistic dashboard contains everything you’ll need to create, send, and track billing. The software is also capable of accepting payments and tracking time, expenses, and mileage. It can also be used across multiple businesses. Sage offers business-friendly pricing that starts at $9.99 per month.

Billdu

Billdu is a full-featured package that is ideal for small businesses. With more than 60,000 active business subscribers, this professional invoice maker promises users with an unbeatable experience. Creating and sending an invoice takes just a matter of seconds. Customers can pay conveniently through their integrated payment gateways. Aside from managing invoices, the software also features expense records that give a quick overview of expenditures, unpaid bills, and company balance. You and your team can easily access financial records through this software. You can try it firsthand for free by subscribing to its risk-free trial. Meanwhile, the starter pack starts at $1.99 per month and the premium package at $14.99.

Invoice Simple

Perhaps one of the simplest electronic billing software, Invoice Simple allows you to bill customers from your computer, phone, or any compatible device. This software solution is perfect for individual contractors, freelancers, and small businesses. Choose from its long list of professional invoice templates that you can customize. You can also draft estimates and create receipts.

Bottom Line

There are plenty of billing applications out there. While the basic features are the same, each of these invoicing software applications comes with unique advantages. Make sure you evaluate your needs and weigh your options carefully to fully enjoy the rewards of automating the invoicing process.