Top 3 Best Online Invoicing Software for Your Christmas List
Christmas is almost here. Have you made your Christmas list yet? There will be plenty of transactions taking place this holiday season. Every business, entrepreneur, or freelancer knows how important it is to make sure customers pay their bills. However, the way you manage invoices and collect payments matters, especially, in our current fast-paced economy. The need for businesses to simplify, streamline, and expedite transactions is more important today than ever before. This is where modern online invoicing software comes in.
Online invoicing tools make it simpler for non-accountants (and accountants) to handle business finances cost-effectively and efficiently. You only need the right invoicing application and what better time to get one, than Christmas? After all, you deserve a reward for all your hard work, don’t you?
If you’re new to online invoicing tools, don’t sweat it. We’ve put together a list of the top 3 online invoicing software to consider for your Christmas list. So you’ll know which one to get out of the best online invoicing software on the market.
FreshBooks is a cloud-based, easy to use, online invoicing solution that has evolved to include several additional features. Now it’s one of the most used online invoicing software by companies and freelancers. With FreshBooks, you can easily accept payments online, set invoice due dates and reminders, including charge late fees for past due accounts. You can automate most tasks (e.g. send custom invoices on specific dates).
The software features multiple customizable invoice templates. That means you can easily send out professional-looking invoices within minutes. FreshBooks also lets you collect partial payments for jobs. For example, you can ask the client to deposit half of your fee upfront for large projects. The online invoice software also helps you make data-backed decisions. You’ll have access to reporting detailing important business information like expenses, daily and past sales. Plus you can use several available analytics integrations such as Natero and EasyBI to expand reporting capabilities.
Another notable feature is being able to know whether or not a client viewed your invoice, which is useful. For instance, you can postpone or expedite the unpaid bill follow up process based on your customer’s behavior. FreshBooks has many more features not mentioned here and is a great choice for any business. Over 5 million companies trust the online invoicing software. You can start with a free 30-day trial.
2. Biller Genie
Biller Genie is a cloud-based all-in-one online invoice solution that streamlines invoicing and facilitates payments. The software is most ideal for small to medium-sized businesses. You can create invoices and ask customers to pay online. Invoices can be emailed to customers or printed out.
What makes Biller Genie so cool is that it automates practically everything concerning invoicing and it’s free. The software has really cool advanced automation features like automatically reminding clients to pay up and automated accounting reconciliation. You can integrate the tool with your existing accounting software. It currently supports QuickBooks, Xero, and AccountingSuite.
You can automatically schedule billing, follow up, track invoices, and tracking expenses is easy once connected to other accounting software. The automation features of Biller Genie can shrink administrative costs and improve the customer experience. Furthermore, another thing that makes this online invoicing software unique is its Branded Customer Portal feature.
This is a secure place where your customers can log in to manage their account information such as update a credit card, change an address, etc. And it’s accessible 24/7. Keep in mind that subscription is required to use Branded Customer Portal and credit card processing. Nevertheless, the software is so simple to use that it takes minutes for most people to grasp it. That means staff onboarding will be quick.
QuickBooks is the leading invoicing and accounting software for small, mid-size, and large companies. Worldwide, more than 2.55 million businesses use QuickBooks. Aside from the usual features like being able to send invoices and receive payments, you can manage all of your finances with QuickBooks. The online invoicing software comes in two versions, the cloud-based platform and licensed software that can be installed on your computer. The best and most convenient version is the former.
The application also has some features that set it apart from the competition like QuickBooks Projects. A way for companies to track and manage projects. You can track time, manage transactions, and run reports. QuickBooks also does a great job at tracking expenses, making it easy to see exactly how much profit was made after the bill is paid.
Furthermore, you can not only create invoices but customize them quickly too. Including manage stock or inventory and integrate apps that expand your software’s capabilities. QuickBooks supports hundreds of app integrations. For example, you can sync your American Express business credit card transactions with QuickBooks so that data is auto-populated.
They also have a mobile app that lets users manage and track invoices, expenses, as well as view reports on the go. Also, note that some features are accessible in QuickBooks Online (cloud-based version) that aren’t available with the standalone/desktop version. The company offers a 30-day trial.
Online Invoicing Software is a Necessity Today
Honestly, traditional invoicing templates are slow and annoying. Opening a blank invoice template, filling it up manually, and sending it to your clients every time is tedious. You’re essentially going through the same procedure over and over again. This leaves room for errors such as forgetting to change the invoice number or deleting something important. They are not efficient.
Not to mention the unavoidable tax season. You have to file your taxes each year no matter what. Having to manually enter transactions and calculate income, expenses, etc. is very time-consuming. The time you could be using to gain more business. A good online invoicing software significantly saves you time. For example, all your transactions will be auto-populated during tax season and invoicing can be effortlessly automated.
The best online invoicing software is easy to use, they speed up work, and provide many features that can improve your business. Not adopting one is counterproductive. You can start spending less time on paperwork and more time on getting paid. What’s left now is deciding which business asset is right for you this holiday season. Is it FreshBooks, Biller Genie, or QuickBooks?