For commercial management, billing is an important part of commercial management, to the smooth running of a business. Hence we have top 5 billing software is here for you In the past few years, the digital business transformation has considerably improved invoice and customer database management. Invoicing software has become more essential in order to make things easier for you. It saves a considerable amount of time in running the business and often adds to your accounting tools. Here are the top 5 billing software for your business to expand.
Henri – Best in practicality in top 5 billing software
Our rating: ⭐⭐⭐⭐⭐
Buy NowHenrii provides a more captivating and practical interface to its users. The billing software ensures the safety of the business transactions that you are making. It is a great tool for freelancers, VSEs, and SMEs alike. The tools have easy-to-access features.
This software is free and great for managing quotations with the ability to evaluate performance. This product is even compatible with many systems which might come in handy if you use several systems. There is an unavailability of advertisements, which makes it better to run the software. The better part of the deal is, it is completely free.
While invoicing, you can use a feature of the software to create questions or program it to automatically chase unpaid invoices, thus diminishing the amount of work you need to do. There are other features integrated into the software to help you with different aspects of your difficulties. For free software, Henrii does have a lot of features for you to use. This is why it is one of the top 5 billing software.
Square Invoices – Best overall invoicing software for small business in top 5 billing software
Our rating: ⭐⭐⭐⭐
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This billing software offers a free, majorly low-cost plan for online and offline invoicing. It is one of the best billing software options for small businesses. The service sector more often needs an invoicing solution for accepting payments online, however, Product-based businesses might be required to accept payments in person and require help in inventory management. Square Invoices is the best option for both businesses.
It doesn’t matter if you choose the free or paid plan, the processing rates will remain the same: 2.9% plus 30 cents per online transaction, 2.6% plus 10 cents per in-person transaction, or 1% for bank transactions. For payment over the phone, the transaction fee is 3.5% plus 15 cents.
Both plans leave you with an unlimited amount of invoices and the ability to schedule recurring invoices for regular clients. However, the paid plan users can add custom fields to invoices, and for longer projects, they can set up milestone-based invoices. The other products from Square Invoice, integrate seamlessly, hence, you can use inventory management with invoices if you run a product-based business or if you use Square’s point-of-scale options to manage sales for online, mobile, or brick-and-mortar stores.
FreshBooks – Most user-friendly invoicing software in top 5 billing software
Our rating: ⭐⭐⭐⭐
Buy NowFreshbooks is the most user-friendly invoicing software. It is one of the best in the top 5 billing software. Thanks to its ease of usability and scalability, it can be considered as user-friendly. The interface is neat and easy to navigate. Additionally, FreshBooks tends to use easy-to-understand terminology, rather than the vocabulary limited to the accountants. If you’re in confusion about any kind of feature, you can easily find an explanation or definition in the help center.
If you only need to bill your clients, then a low-cost FreshBooks plan is all you need, especially if you have a few clients. As your business grows, you can upgrade to higher plans for more clients and with more helpful features, for example, unlimited proposals, accountant access, or bank reconciliation. The plans range from $19 to $60 (with an additional 70% discount for the first four months as of recent). There is also a custom pricing plan, along with lower transaction fees, and removes the FreshBooks branding from emails.
If you want to accept the payments via phone or to set up subscription-based invoicing, you will have to at least have the Plus Plan ($30 /- month) as well as the Advanced Payments add-on ($20/- month). This is an expensive choice if you want more versatility in the way you accept your payments. There is another option to use FreshBooks Payment (via WePay), where you have to pay 2.9% plus $0.30 per online transaction. There is availability of other payment gateways, with their transaction fees, including our favorite pal, PayPal.
Zoho Invoice – Best value in top 5 billing software
Our rating: ⭐⭐⭐⭐⭐
Buy NowZoho Invoice is a free billing software and one of the top 5 billing software. It includes tools to help you, if you are a part of or if you run a service-based business. You can actually track projects and the hours that are billable, send estimates, and create custom invoices from approved estimates or projects. A built-in client portal is established to help communicate with your clients and get approval for billing.
To collect the payments through Zoho Invoice, you must choose one or more payment gateways. The only cost associated with Zoho invoice is when you have to pay transaction fees any time you get paid via the invoice. Depending on your payment choice, you can pay online, offline or even via bank transfers
Xero – Best for growing business in top 5 billing software
Our rating: ⭐⭐⭐⭐
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Xero is an accounting software more than anything else. However, the lower priced plans give you a taste of what a small-business would need for an invoicing situation. The $15 monthly plan will limit you to 20 invoices per month. However, there is no number for the amount of clients you can have. Quotes also count against your 20 invoices per month count. To avail project and and expense tracking, you’ll have to upgrade to the highest priced plan, i.e, $78 per month.
Adding the accounting features, such as bank reconciliation, the inventory tracking on all plans, and the number on integrations you can connect to Xero, it makes a great match for growing businesses needing more features for business management. Whether you run an online service-based business or you sell physical products, it doesn’t matter.
Conclusion
These billing softwares are named as the top 5 billing software because of their capability, user-interface and their versatility. These softwares make it easier for small businesses to track their invoice and also navigate the world of business administration. These billing softwares take into account the need of all sorts of people and economic background. While the lowest plan can cost around $15, the highest can go to around $78. These connect to every kind of person and idea and hence, they are sitting at the top 5 billing software.
