Because billing generally requires a lot of focus and detail-oriented work, it often becomes time-consuming for businesses. The market contains many software tools that can help expedite the process by Tracking bills, recording fluctuations, making payments more quickly, etc. Some of these options are listed below along with a description of which businesses they would be most useful to:
The FreshBooks billing software is one of the most recommended in the market. It offers pre-designed templates, time-saving payment processing systems, and can also help track invoices - among other accounting tools that can be useful for businesses. The invoices can be customized to suit the company's size. FreshBooks can also help create recurring invoices that can be scheduled for later.
This software is also equipped with a payment system that accepts credit cards and online payments, making it more convenient for clients. In addition, the software can be accessed on various devices including tablets. The basic features of the software are still accessible through the mobile application.
Easily integrate FreshBooks with over 100 different third-party software, such as Zoom and Gusto. Get help from customer service during the 30-day trial period to make switching to FreshBooks easier. After that, choose from one of several payment plans starting at just $5 per month.
InvoiceNinja is an open-source company that provides businesses with free accounting services for up to 100 clients. There is no limit on the number of bills and quotes for those clients, making it a great option for small businesses. Over 150,000 businesses use this software because of its low cost and features. This software also allows clients to pay via credit card using different payment gateway options.
Invoice Ninja also supports 50+ currencies and 20+ languages, so this software can truly be used by anyone, anywhere.
If a company needs support for more than 100 clients, they would need to subscribe to the InvoiceNinja Pro Plan starting at $10/month. This plan comes with additional features like being able to create a custom URL for your brand.
Although Invoice Ninja does have FAQs on their website, something to note is that they do not offer phone support which could be required during set-up .
This application was designed for business owners that are always on the move and don't have time to sit at a desk.
The software is 100% accessible through the mobile application that comes with it.
Payments can be made through credit or debit cards, and the company is working on expanding to other payment methods like PayPal.
One of its key features is that businesses can customize their bills based on requirements, clients' needs, track invoices, etc., to get an overview of how their company is doing.
Customer service is available 24/7 to ensure a smooth transition to this software.
The mobile application makes billing and tracking easy without having to use a laptop, saving both time and money.
One potential downfall of this software is that it might not cover all the accounting needs of the company; in that case, different software would be more beneficial.
Only the first 3 bills are free on a trial basis, and this has usually given people enough time to assess the company's needs with accounting software. Subscriptions thereafter are available for either $7 monthly or $60 yearly.
A company should always validate their choice of software before inputting any sensitive information; this is why password protection is recommended.
Most billing software uses cloud storage, allowing the company to access the information from anywhere. However, it is also crucial to have a physical backup saved in case something goes wrong. The list above contains some of the best billing software available on the market today.
