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What is the best invoicing software for small businesses?

November 15, 2022
Tech is the future and the now, and as an entrepreneur you want to make the most of the tools available to you. Software options to boost your business are limitless, and having the best accounting software at your disposal can help take your business to the next level.One additional feature proving particularly useful in any accounting software is its ability to issue invoices to customers. A good invoicing tool can save you and your business a lot of time, and when you’re starting out as a small business owner, time is money.In this article, we’ll be taking you through the best invoicing software for all businesses and budgets.

Why use invoicing software?

With the right invoicing software to hand, here’s just some of the things you can do:
    Skip manual, repetitive tasks with an invoice generator. You can set up recurring invoices at the click of a button.Get paid faster by streamlining the payment process. With the right invoicing solution, you can automatically set your pricing, manage online payments and send to clients directly, with some providers even making it possible to do all of the above through a mobile app.Avoid human errors and late payments (because automated systems don’t forget).Keep track of your business finances through inventory management. As all your invoices are in one place, you can easily generate financial reports in real-time.Monitor accounts payable and accounts receivable — or, more simply put, keep track of money you owe and any money owed to you.Send automatic payment reminders.Be more flexible if there are any modifications.Create professional invoices with the help of built-in invoice templates. You can also personalize your invoices to include your business logo, brand colours and more.

What are the benefits of invoicing software?

Whether it’s an invoicing app or an online invoicing software, having the right invoicing software offers plenty of perks for your business. With invoicing software, you can generate and send invoices to clients fast, saving you time by taking the invoice creation process out of the equation.Most invoicing software options are included as an add-on in various accounting solutions, so by investing in accounting software you could find yourself advancing your business in other areas. With Ember, for example, not only can you issue invoices with ease, but you get access to other essential accounting features such as expense tracking, cash flow forecasting and even bookkeeping.If you’re not using invoicing software, you run the risk of looking less professional than your competitors. Most invoicing software solutions are capable of producing customizable invoices, meaning that your personal branding stays consistent across every piece of paperwork you issue.

What is the best invoicing software?

Ultimately, the best invoicing software is one that’s best suited to your business needs. Feel free to start a few trials with a few different invoicing options to find the best software solution.

Best all-rounder

Ember: If you’re looking for invoicing support and more, Ember is the accounting solution for you. With a free plan that’s perfect for self-employed small business owners, you can simply sync up your bank account and access the accounting essentials, including state-of-the-art invoicing software that enables you to generate and send invoices to unlimited clients in a matter of clicks.

For a monthly fee that doesn’t break the bank, you can also unlock additional customer support from qualified accountants, as well as advanced accounting features that can help make your money go further.
Scoro: As well as its invoice feature, Scoro provides users a project management and CRM platform designed to streamline projects, promote team collaboration and improve time management.

Best invoice software for SMEs

If you’re a small business or medium-sized enterprise, you might find these options take your fancy:
Zervant: Chosen by small businesses, freelancers and sole traders for its easy-to-use interface that allows you to create your invoices in no time. They offer a free and paid plan option.

Kashflow: If you’re looking for a small business billing software, Kashflow is a user-friendly invoicing solution that you can set up in a minutes. If you want to try before you buy, you can access a free trial and demo without a credit card to see if it works for you.

Wave: If you have under 10 employees in your company, Wave might work for you. Like most billing software for small business, you can generate your first invoice in a couple of minutes. Not only that, but it’s completely free for iOS and Android users.

Best free invoicing software UK

You don’t have to pay a lot of money for great invoicing software. Here are two invoicing software that you can access for free:
Ember: If you’re looking for the best free invoicing software, Ember is the accounting solution for you. Whether you’re a self-employed sole trader or have just started your own small business, Ember’s free starter plan is perfect for those looking for the accounting basics, and also offers extra business accounting support, from expense tracking to unlimited invoice generation.