7 Best Invoicing Software for Small Businesses 2024

The Wave app lets you easily generate and send invoices to your clients wherever and whenever you need to. Know when an invoice is viewed, becomes due, or gets paid, so you can take the right actions to manage your cash flow. Set up invoice reminders to automatically email your customers when payment is due.

With a basic billing and invoice plan that costs as much as FreshBooks’ cheapest accounting plan, Hiveage works best for larger teams with a bigger invoicing budget. For the most part, Wave doesn’t trade affordability for features. But it isn’t particularly scalable—since it invoicing tools has just one plan, Wave’s not the best choice for businesses planning on growth. Wave doesn’t offer as many payment gateways as other options (especially Hiveage)—crucially, Wave doesn’t work with Stripe. And like Square Invoice, it doesn’t include multicurrency support.

Best Invoicing and Billing Software for Small Businesses

To get project and expense tracking, you’ll have to upgrade to the highest-priced plan ($78 per month). The best invoicing software makes it easy for you to track projects, estimates and invoices, and get paid on time. They include features that convert quotes into invoices automatically and track billable hours.

“A friend was telling me how much he hates making invoices. Just sent him to invoicely. By far the best invoice system I’ve ever used.” QuickBooks Checking Account opening is subject to identity verification and approval by Green Dot Bank. Find more of what you need with these tools, resources, and solutions.

PayPal — best for invoice transactions

Invoice Simple is an invoice generator that lives up to its name; it keeps invoicing simple. For most small business owners, though, what’s offered by Invoice Simple won’t be enough. Invoice customizations are limited, and you won’t find additional features such as project management or time tracking here. Instead, you can create invoices and estimates…and that’s about it. You can use Invoice Simple on your computer or mobile device, and you can also accept payments. The monthly fees aren’t too expensive, but other options at a comparable price point give you more bang for your buck.

Manually creating invoices in Microsoft Word or Excel can be time-consuming and difficult to manage. Digital invoicing empowers your small business by automating invoice processing and saving time by tracking key invoice data like upcoming and outstanding invoices. You can also manage late payments more efficiently through e-invoicing by setting up payment reminders to send to your customers before an invoice due date. The Free plan includes access to all features and allows one user to manage up to two projects. If you need additional users or projects, you can sign up for Harvest Pro, which costs $12/month per user. If you already have a PayPal Business account, then using PayPal’s free invoicing software makes great sense.