Best Invoicing Software in 2022

Several inevitable things are running a business that you simply need to fulfill to maintain positive flow inside your organization and satisfy every legal aspect of it. One of those unavoidable things is invoices! Invoices are legal documents that are used to claim payment from clients or customers. They frequently include mutually settled conditions of the specific project that needs to be done and as such represent a document that the buyer creates and sends to the supplier.

Creating invoices and tracking details such as budget, deadlines, and project specifications can really be time-wasting and challenging. For that reason, we are going to evaluate the best software on the market for this purpose that you and your business can only benefit from considering all their features, e.g. budget tracking, personal preferences, payment options, or analytics possibilities!

FreshBooks

Starting with FreshBooks software that offers you dozen of great features that both business owners, freelancers, and accountants can benefit from! It is completely easy-to-use software with a bunch of premade templates and great features.

Invoices are distinctly customizable – you can modify them how you like and as such send them to clients and other people. There is a cool snap option that lets you take a photo of receipts, and email them to your account, import expenses from your bank account, and organize them. This is a great tool for tracking every expense to detail for easier tax settlement.

With the Time Tracking feature, you can track the projects by time or record everyone’s effort on a specific project. FreshBooks also enables you to easier collaborate with your team with the Project Management option. You can create a Flat Rate or Hourly project and add clients, team members, and services to make it easier for everyone to track everything from a centralized place!

Payment option allows your clients to pay directly through the invoice in a few clicks with credit cards or online payment services. In the Dashboard and Reports section, you can have an insight into how well you do with your business, view payments, and profitability.

Zoho Invoice

Zoho Invoice has great tools for small businesses that help you create professional invoices, send payment reminders, track costs, register your work hours, and also be paid faster for free!

It’s super easy to navigate and it comes with a couple of premade templates, automated reminders, and a bundle of helpful tools. It allows you to send created invoices via SMS, email, or client portal, to send them in more than 10 languages for easier communication between you and your customers, and to bill them with the currency from their location.

Apart from that, you can sign your invoices digitally since Zoho supports the digital signature option. It allows you to schedule your invoices for later automatic forwarding.

Other notable features: Analytics, Payment reminders, Auto-charge, Recurring invoices, Configure payment gateways, and Assigning roles.

Xero

Xero is another popular software among business owners and accountants! It enables you to bid, invoice, and receive payment for jobs. Using project and task tracking tools, you can keep track of expenditures and revenues. In addition to that, you can have a complete overview of your cash flow, keep track of your bills, manage payments and schedule them in advance, and access your bills online from anywhere!

It also enables you to keep track of your spending with expense management tools at your disposal – take photos of receipts, monitor your employees’ spending, and approve expenses swiftly!

Xero is perfectly integrated with third-party apps for easier connecting your bank account to the software so you can materialize transactions securely and quickly. Also, the software allows you to track all the finance activities entirely securely.

Other features: Collect payments via credit cards, or Stripe, GoCardless, and other platforms, Customized invoices, Pay runs, Data capture, Multi-currency, Analytics, and more.

InvoiceNinja

Widely popular invoice manager that allows you to create invoices and set up payments with over 40 available gateways! InvoiceNinja is another software great for freelancers and small businesses with the significant difference – Forever Free plan! With this one, you can send unlimited invoices to 20+ clients with four available premade templates, set up billing methods, manage projects, track expenses, and more!

It enables you to handle invoicing for up to ten business accounts from a single account, fully customize invoice fields and their design, create custom billing domain, create client subscriptions, as well as to remind your clients to pay your invoice. These are just a few features you get when you opt for this one.

Other features: Rebrandable, multiple currencies and languages, Zapier integration, Importing expenses, Emailing invoices, etc.

Indy Invoice Tool

The Indy Invoice Tool uses the industry’s most trusted online payment solutions, and clients are one click away from paying using the method of their choice.

Indy is an all-in-one management software that helps self-employed people and small businesses efficiently manage their invoices.

Invoice templates include all the info your clients need and allow you to add your personal branding.

You can link working hours directly to an invoice using the Time Tracker tool and save time.

Using Indy, you can:

• Prepare professional Proposals in moments.
• Create Contracts and send them instantly to your new clients.
• Link contracts to projects to keep your records organised.
• Make Tasks and connect them to projects to manage your progress.
• Chat with your clients and team to build momentum.
• Bill your clients using Indy’s Invoices tool.

Conclusion

When looking for the finest invoice management software, we tried to incorporate the most crucial features that software of this sort should have, and these four amazing products came out on top. We highly suggest you try one of these and save time by handing the invoicing process to this specialized software.