The Best Rated Billing and Invoicing Software for the year 2021

‘Every company should invest in a strong billing and invoicing software.’ Yes, this is a short statement, the reason being there are so many functions that a billing and invoicing software contains that generally gets overlooked by human eyes. Also, not to mention, it is less tedious and more accurate than manual work. Now, there are thousands of billing software but there are just a handful that are good in all respects. Let us show you whom to trust as your billing and invoicing software partner.

Orderhive comes with a fully loaded and fully functional billing and invoicing software. They help numerous eCommerce companies and retailers to achieve their objectives and manage their finances. Orderhive can be easily integrated with other leading companies’ systems and softwares for easy processing of the orders. Their automation features also helps smoothen the process and eases the workload of the companies by their quick and automated software.

Company Brief

Inception: Since 2015

Website: www.orderhive.com

Contact: support@orderhive.com, sales@orderhive.com

Deployment: Cloud, SaaS, and Web

Trial Version: YES

Features

• Maintain all Finances in One PLace
• Prepare Invoices and Tax Documents
• Easy integration with Quickbooks and PayPal and more
• Create, save, download, print, and send invoices
• Real-time sync and listing data management
• Create partial payment order invoices
• Create Purchase Orders and contact suppliers
• Provision to customize invoice templates
• Carry out multiple payment options and data
• eCommerce Automation and auto-update orders 
• Create Bills, send and receive payments

PROS

• Create multiple payments, add taxes, and split invoices
• Process bulk invoicing, bulk payments, add invoice numbering
• Includes partial payments and option to change status of the invoices
• RFID/ Barcode Option Available
• Facility to save card details and add custom details
• Multi-currency conversion
• Low Fees with high features as Compared to Alternatives
• Facility to Add Multiple Warehouses and Shipping Partners
• Training : In Person, Online, Webinar, Documentation, or Presentation
• Support: Round-the-clock Customer Service and Online Presence
• Regular Updates based on Client Suggestions

CONS

• Loss of information when operating on huge data
• Sync and Setting up information is bit tedious until it starts syncing
• Takes time to learn and understand all the features, need more training
• Updates on new additions are released relatively slow
• Bit difficult to Reconfigure

REVIEWS

Capterra 4.04/5 (198 Reviews)

SoftwareAdvice 4.30/5 (198 Reviews)

When it comes to small business, there are very few software that are loaded with features and one of those exceptions  is Quickbooks. Quickbooks is an accounting software especially designed for small businesses. They help manage finances and are present through their online platform or using their licensed version. Clients can get an immediate and instant approach to their customers or vendors and can store tier employee information as well. 

Image Courtesy: Quickbooks

Company Brief

Website: https://www.intuit.com

Contact: Fill up a Contact Information Form

Deployment: Cloud

Trial Version: YES

Features

• Access to reports and download or print option
• Available on Mobile and Computer devices
• Create customized sales and invoicing receipts and calculate estimates
• Automation helps with immediate transactional updates
• Enter vendor details and payment schedules
• Track the employee working hours and billable hours
• Access to add multiple people to the software (eg. accountant)
• Regular support and training facility 

PROS

• Facility to personal finances along with business finances
• Easy to transfer the data and information from one platform to another
• Easy to navigate interface and admirable selection of books
• Quick and easy to import and export data
• Facility to send quotations, invoices, and delivery notes
• Manages taxes and offers payroll services

CONS

• The fees are higher compared to their alternatives
• Multiple glitches and errors while opening files and switching modes
• Delay in support and customer services
• Lacks the current trends like barcoding and tracking
• Specifically for small businesses, difficult to use when company expands
• Limitations on the number of users that can use the software

REVIEWS

Capterra: 4.50/5 (17390 Reviews)

SoftwareAdvice: 4.39/5 (598 Reviews)

Zoho Invoice is widely known for its easy to use and simple billing and invoicing software. It is known to create customized invoicing templates, manage clients and vendors information, and track their payment history. Zoho Invoice also tracks the employee and colleague details and tracks time accordingly. It eases the payroll process, payment process, automates invoices, and sends payment and greeting reminders. Zoho Invoice is great for small businesses, freelancers, and independent contractors as it is a quick and easy to use software.

Image Courtesy: Zoho

Company Brief

Inception: Since 1996

Website: www.zoho.com

Contact: sales@zohocorp.com

Deployment: Cloud

Trial Version: YES

Features

• Processes the end-to-end accounting activities
• Create quotations, sales orders, and invoices
• Facility to create GST invoices and file taxes
• Easy to integrate with other businesses
• Manage payments and set payment reminders
• Available on computer and mobile devices

PROS

• Numerous packages to choose from and customize invoices
• Simple and Easy to use and quick to learn the software
• Online payment and customer portal for quick payments
• Continuous improvement and addition of new features
• Facility to create recurring payments and customize receipts
• Mobile devices is as user friendly as the computer device

CONS

• Glitches and errors in creating invoices, at times
• Highly difficult to get through the customer service
• No updates or documentation on new features or upgradation
• Integration features does not work many times
• Pricing is expensive in comparison to their competitors
• Lower packages don’t have much features as compared to alternatives

REVIEWS

Capterra: 4.5/5 (300 Reviews)

SoftwareAdvice: 4.39/5 (598 Reviews)

Invoicely is a web based billing and invoicing software that helps to manage expenses and payments. It helps keep the finances in one place and has beautifully designed bills and invoice templates. Invoicely is a simple to use software that is available on mobile devices as well. Thus, giving their clients an opportunity to work from anywhere. It accepts online payments through various payment gateways and use of credit cards. Invoicely also allows the clients to track hourly tasks and expenses along with the ease of creating invoices or estimates.

Image Courtesy: Invoicely

Company Brief

Inception: Since 2012

Website: www.invoicely.com

Contact: Fill up a Contact Information Form

Deployment: Cloud

Trial Version: YES

Features

• Keep all the finances under one platform
• Generate monthly and yearly financial reports
• Feature to manage multiple businesses and clients
• Customize the page according to your specifications (design or color)
• Track time for everytask and easily convert them to invoices
• Facility to receive payments from anywhere and any currency
• Various payment modes accepted and direct payment to invoices
• Beautifully drafted invoice, billing, and estimate templates
• Create a customer contact database for future reference
• Process online payments as well as mobile payments

PROS

• Easy to convert time logs into billable invoices
• Option to add company logo and save for every document
• Alert from the software when the client has received the invoice
• Quick to learn and quick to understand the application
• Really enjoyed the flexibility and accessibility of the invoice
• Saves time as everything is easily integrated into one another

CONS

• Faced certain errors and bugs while creating invoices
• There is no autosave button and data can get deleted if not saved
• Cannot upload older payment invoices in the system
• System auto-sends emails to clients without any intimation
• Causes confusion as it records clients and suppliers in one location 
• Delay in response from the customer support team

REVIEWS

Capterra: 4.7/5 (175 Reviews)

SoftwareAdvice: 4.7/5 (170 Reviews)

InvoiceNinja is an open-source platform for creating invoices, processing payments and expenses, creating proposals and quotations, and managing vendors list. It also helps to track time for your projects, streamline workflow, and accordingly create invoices. Invoicely was developed keeping in mind small businesses, freelancers, startups, and independent contractors. 

Image Courtesy: Invoice Ninja

Company Brief

Inception: Since 2014

Website: www.invoiceninja.com

Contact: Fill up a Contact Information Form

Deployment: Cloud/ Web / SaaS

Trial Version: YES

Features

• Create customized invoices and add e-signatures
• Custom made late payment and auto-reminder emails
• Track client payments and access to 40+ payment gateways
• Prepare real-time quotations and easily convert them to invoices
• Facility to add images and attach additional files within the proposals
• Integrate various applications and attach project files
• Track time for each task and convert them to billable invoices
• Create and import invoices , expenses, and contact information

PROS

• Great option for processing partial payments and transparency
• Easy to navigate application and easy to understand dashboard
• Quick and easy to generate invoices and track payments
• Provides customization and other features to accessible documents
• Provision to add multiple information even in a single invoice
• Facility to create and add multiple companies and users

CONS

• Difficulty in installation and takes a few trials to install
• Difficult to understand the working function of recurring invoices 
• Not very user friendly functionality of custom invoice template
• Few features are not functional and causes
• Not very reliable while syncing with mobile devices 
• Works slow when creating multiple proposals and tends to hang

REVIEWS

Capterra: 4.8/5 (106 Reviews)

SoftwareAdvice: 4.0/5 (100 Reviews)

SpeedInvoice assists in creating quick and easy invoices and quotations for the company. It is well known for its quick sync with mobile devices and clients can create invoices or estimates from mobile devices, computers, or tablets. It was built with a view to create professional templates and prepare invoices on the move from anywhere. 

Image Courtesy: Speed Solutions

Company Brief

Inception: Since 2011

Website: www.speedsolutions.com.au

Contact: Fill up a Contact Information Form

Deployment: Cloud

Trial Version: YES

Features

• Attach images to the quotations and invoices
• Add taxes, quantity, and GST to the invoices
• Can operate from several devices at once
• Feature to access data even without internet connection
• Continuous support and help throughout the process
• Create contacts database for future reference
• Process payments, billings and prepare customized invoices

PROS

• The application is easy to use and very smooth functionality
• Highly affordable and great for small businesses
• Maintains all the records and easily conversion of quote to invoice
• Provision to add multiple locations for a single client
• Can choose from the options of background
• Quick and effective customer service

CONS

• Difficulty in understanding the report generation feature
• No option to view yearly or quarterly payments or billings
• Few times there is difficulty in finding a contact from the data
• Tedious process to add information and needs to be saved (no auto-save)
• Does not support stock management

REVIEWS

Capterra: 4.8/5 (102 Reviews)

SoftwareAdvice: 3.9/5 (98 Reviews)