Nearly all accounting software comes with invoicing features, but invoice-specific alternatives typically provide more complete templates and comprehensive billing automation. We’ve looked at several invoicing software that provide smarter invoices, faster payments and more helpful reporting for a better business management experience.

Bonsai is a no-cost invoicing tool for freelancers, entrepreneurs, and small businesses is a favorite due to its easy-to-use interface and automated reminders. It lets users create bills in a matter of seconds and manage expenses efficiently. It also offers various payment options worldwide including PayPal and credit cards.

Make professional-looking invoices in a snap with the variety of options that can be customized. The free plan allows up to five invoices. However, an upgrade to a paid plan is available for clients with more customers and also includes staff invoicing capabilities. Recurring billing is simple to set up, and the dashboard shows all outstanding payments in real-time.

Wave’s invoice function isn’t as robust as some of the other products we’ve reviewed, but its free version comes with unlimited invoices with watermarks and an intuitive user interface. The basic plan is ideal for small service-based businesses and freelancers and freelancers, while the Pro plan adds teams and financial reports.

Another popular option, Xero is a cloud-based system that comes with a complete accounting package for a more efficient business experience. It provides invoices, customer support, and project management. It is integrated with a variety of marketing software, productivity and sales tools and is compatible with PayPal and Stripe payment gateways. Its mobile app lets users keep track of their finances, such as keeping track of receipts and expenses, sending prepayment invoices to clients and keeping a track of all purchases made through the app.

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