If you're a small-business owner, you know that managing your finances can be pretty complicated. There is loads of software out there, promising to make this process easier, but how can you tell which one is best for you?
This article will go through five candidates for the best invoicing software for your small business. We'll do a breakdown of each program and show why it might be suitable for your company. We will have all your questions about software for generating professional invoices covered!
Best Software for Small Business Invoicing: Reviews
1. Zoho Invoice Review

2. FreshBooks Review

3. Square Invoices Review

4. QuickBooks Online Review

5. Wave Review

Related Product Categories
Top 5 Best Small Business Invoicing Software Options in 2022
Zoho Invoice
FreshBooks
Square Invoices
QuickBooks Online
Wave

Methodology and Features
There is no one-size-fits-all option we can crown as the best invoicing software for small businesses, as the criteria for that will be determined by each company’s specific needs. Some businesses choose invoice factoring services, while others prefer to handle the process on their own. Nonetheless, some factors overlap regardless of your particular business plan.
What Is Invoicing Software?
Invoicing software assists businesses in creating and sending invoices to their customers. This software typically includes several features, such as tracking expenses, creating and sending invoices, and managing customer information.
Furthermore, many invoice programs for small businesses provide templates for creating professional-looking invoices, as well as the option to integrate with other business software (e.g., accounting apps).
Why Use Invoicing Software?
Managing invoices and figuring out how invoices work can be challenging, so why not use software that can help? Businesses can save time and money by using invoicing software to automate billing, send automated payment reminders, and keep track of all of their customer payments. As a result, human error can be reduced, and fraud can be prevented.
These programs can also assist businesses with financial management by providing insights into spending patterns. As a result, by streamlining billing and tracking for all customers, late payments can be reduced, and overdue payments can be tracked and collected.
What Should You Look for in Invoicing Software?
When running a business, efficient invoicing is crucial for staying organized and getting paid on time. There are numerous additional features that small-business invoice software can provide, but the most important thing is to find a system that works for you and that you are comfortable using. Experiment with different features to see which ones work best for you.
Here are a few critical features to look for in an invoicing program:
- Track payments and send reminders: This feature is essential for keeping tabs on who owes you money and when each payment is due. Automated reminders can ensure you get paid on time.
- Custom templates: Custom templates make it easy to quickly generate invoices that are accurate and look professional. This can save you a lot of time, especially if you need to generate a large number of invoices.
- Business software integration: If you use other programs for running your business, look for an invoicing program that can integrate with them. This will make it easy to keep all your data in one place and avoid duplicate entries.
- Free trial: When choosing invoice software for your small business, take advantage of any free trials offered. This will allow you to try out the program and make sure it meets your needs before you commit to paying for it.
- Expense tracking: This can be done by creating a budget in the software and entering your expenses into the system. This will allow you to see where your money is going and help you adjust your spending habits.
How to Choose the Best Invoicing Software for Your Small Business
There are numerous invoicing programs available, so selecting the best one for your needs is essential. Consider the following factors when selecting invoicing software:
- Ease of use: Choose a program that is easy to use and understand.
- Features: Make sure the program has all the features you need, such as time tracking, expenses, and online payments.
- Price: Compare prices to find an affordable option.
It's also a good idea to read independent reviews from other small-business owners before making a final decision. Considering all of these factors, you can be confident in your decision, because small-business billing software is an essential tool for modern organizations.
Yes, Square Invoices is free software that allows businesses to request, track, and manage invoices, payments, and estimates. This simple software lets you request, accept, and record any type of payment, so your company can get its money faster.
The best invoicing software for your small business will suit your organization's unique needs, structure, and plans. However, we determined that Zoho Invoice, FreshBooks, Square Invoices, Intuit QuickBooks Online, and Wave are currently among the industry's leading invoicing software programs.
You can create and send invoices on the go with the free Wave Invoicing app for iOS and Android. While Wave Invoicing is free, it complements its paid product, Payments by Wave, by allowing clients to select "pay now" on your invoice, for faster payments.