At the core of every successful business is a well-organized invoicing and payment system. Having one in place decreases the risk of late payments or non-paying clients-which eventually causes a substantial gap in your receivables. As a small business owner, your time is precious. Luckily, managing your finances in 2019 doesn’t take an accountant, and there are many cost productive options for you to choose from depending on volume. Here is our shortlist of the best invoicing software for small businesses, contractors, freelancers and entrepreneurs in 2019.

FreshBooks

One of the best cloud solutions for small business that streamlines tracking and invoicing. It allows you to collect payment online, and it is packed with advanced analytic features. As far as invoicing: FreshBooks offers two basic invoice templates that are customizable. You can change the colors, font, and logo or header. You can add terms and notes to invoices. There’s also a convenient feature that sends automatic overdue payment reminders to your clients. Plus and Premium users can send reminders, charge late fees, and set recurring invoices. With Freshbooks, for $19.95/month, you get estimates, invoicing, expense recording, time tracking and reporting, but only for 25 clients.

Sunrise App

Sunrise is a cloud-based accounting application for small businesses and freelancers in all industries. Primary features include billing, invoicing, quote management, contact management, accounting, expense management and financial reporting. Sunrise’s combination of tools and usability make it a good choice for freelancers and sole proprietors who need to track income and expenses and invoice customers.

Square Invoices

Square Invoices are a great way to bill your customers without having to worry about entering your customer’s payment card information. Square Invoices is an invoice generation platform for businesses of all sizes. It allows users to send and track invoices for free and only applies charges after the users receive their customer’s payment.

Intuit QuickBooks

QuickBooks is the leading accounting software for small businesses. Manage all your finances with either our licensed or online version. Instant access to customer, vendor and employee information. As a customer, you get free support and upgrades with an online version. It also comes with a 30-day free trial.

Hiveage

Hiveage helps small businesses and freelancers to send invoices and estimates, accept online payments, track time and expenses, and charge subscriptions. Users can send professional online invoices with custom branding and make it easy for clients to pay on time. It also lets users send unlimited invoices to an unlimited number of clients, and accept online payments using more than a dozen popular payment gateways including PayPal, Stripe and Braintree. Users can also send estimates/quotes, track time, expense and mileage, send recurring invoices and charge subscriptions automatically, and manage multiple businesses and teams with different levels of access with a single account.

Tipalti

This holistic, cloud-based asset is a robust and secure payment haven that automates the entire mass global payment processing operation, from onboarding to tax compliance. The app will streamline the way you make payments to customers, partners, vendors, and affiliates across an impressive base of 190 countries. In the meanwhile, it will ensure that all tax and regulatory requirements are met with minimal human intervention, and it will achieve your initial goal – enhancing vendor and customer payment experiences while remaining focused on quality.

Moon Invoice

Moon Invoice is unique and the first invoice app with iCloud Sync for iOS and Mac OS X for small businesses. It’s a simple slick and handing app that lets you generate, manage and track invoices on the go.  It is a complete invoice solution that allows creating/editing/deleting invoices viewing/open/paid/overdue invoices and managing tax overheads in a simple way.

Invoicing software offers many benefits for busy small business owners. It’s crucial to track every activity, especially in our paperless world. We hope this list of resources helps to simplify and automate your billing processes.

From time to time, small business owners may experience a lag in payments from their customers. It’s one of the most common challenges for our clients.  We speak to owners every day about how our funding can help them through obstacles they face. Are you dealing with gaps in receivables and need help floating expenses? We can help with our fast and easy small business funding solutions.