As a small business owner, you know that managing your finances is necessary for success. However, the daunting task of invoicing and keeping track of payments can take up a substantial amount of your time and energy. That's why using invoicing software can be a turning point for small businesses.
But with so many options available, how do you choose the right one for your business? To make it easier for you, we have compiled a list of the 4 best free invoicing software options for small businesses. Let's get right in!
1. eProcessify
At eProcessify, we understand the struggles of small business owners and the importance of managing expenses. That's why we offer a free invoicing solution that is simple, efficient, and user-friendly. With eProcessify, you can create and manage your invoices without any problems, allowing you to focus on growing your business - and making more money.
Features of eProcessify
eProcessify's free invoicing software comes with many features that cater to the needs of small businesses. Let's take a look at some of its key features.Simple Invoice GeneratorAutomatic Payment RemindersSchedule InvoicesInvoice TemplatesProfessional Invoices
Top 3 Features
Here are the top 3 features that make eProcessify the best free invoicing software for small businesses.
Automatic Payment Reminders One of the biggest challenges for small businesses is ensuring timely payments from customers. With eProcessify's automatic payment reminders, you can set up a schedule for reminders to be sent out to your clients. This feature not only saves you time and effort but also ensures that your invoices are paid on time.
Schedule Invoices Small business owners often have to juggle various tasks, and managing invoicing is just one of them. With the schedule invoice feature, you can save time by setting up recurring invoices to be sent out automatically. This not only helps you stay organized but also makes sure that no invoice is forgotten.
Invoice Templates eProcessify offers many customizable invoice templates that are designed to cater to different business needs. You can choose from basic invoices to more professional-looking ones, making sure that your brand image is reflected in every invoice.
Pros
Free invoicing solution
User-friendly interface
Automatic payment reminders
Schedule invoices
Customizable invoice templates
Cons
Limited integration options
Pricing
eProcessify offers two pricing plans - Free and Premium.
Free Plan: Supports three invoices per month with up to 10 users. Also, with the free plan, you can send invoices, activate automated payment reminders, and even expense tracking.
Premium Plan: Priced at INR 500 per month and includes all the features of the free plan. It also comes along with recurring invoices, eSignature, and multicurrency support.
Customer Support
eProcessify provides customer support through email and a knowledge base, but the support is limited to the free version. However, paid users have access to a dedicated customer support team.
Supported Platforms
eProcessify is a web-based software and can be accessed from any device with an internet connection. It is compatible with all major web browsers, making it convenient for small business owners to access their invoicing software on the go.
Testimonials/Reviews
eProcessify has received positive reviews from small business owners for its simplicity, ease of use, and efficient invoicing features. Here's what some of our satisfied customers have to say:
"I have customers with varying billing cycles. Before eProcessify, I used to spend hours manually creating and sending invoices to my customers every month/quarter/year. It many times led to delays and cash flow issues. But now after using eProcessify, I was able to automate the entire process and save valuable time. I really can see an improvement in cash flow and received positive feedback from my customers for timely invoices. I really have saved the time and can now focus on expanding my business and providing better customer service. Plus, I can track everything in one place, giving me peace of mind." -Vishal Shah & Associates, Ahmedabad, India.
"As a small business owner, eProcessify has really helped me in streamlining invoicing. I liked it's intuitive and straightforward interface which is damn easy to use. It does send payment reminders automatically and can easily see the status of each invoice allowing me to easily track the payments. One of the interesting feature is I can know whether invoice has been viewed or downloaded ." - CodeToArt Technology Pvt. Ltd, Pune, India
Rating
eProcessify has received an overall rating of 4.2 on various software directories, including Capterra, G2, and Trustpilot.
Final Verdict
eProcessify stands out as the best free invoicing software for small businesses due to its robust features which make it an ideal choice for entrepreneurs looking to simplify their invoicing process.
And with high ratings and positive reviews from satisfied customers, eProcessify is a reliable and efficient invoicing software for small business owners.
2.Paypal
Paypal is a well-known name when it comes to online payments, but it also offers a free invoicing solution for small businesses. While it may not have all the features of eProcessify, it is still a popular choice for many small business owners.
Features of Paypal
Simple invoice generator
Automatic payment reminders
Invoice templates
Email for invoices
Detailed reports
Business financing
Top 3 Features
Let's take a closer look at the top 3 features that make Paypal a popular choice for free invoicing solutions.
Automatic Payment Reminders
Similar to eProcessify, Paypal also offers automatic payment reminders to help you get paid on time. This feature is especially useful for small businesses that have a large number of clients and need to send out reminders for payments.
Invoice Templates
Paypal offers a variety of invoice templates that are customizable, allowing you to add your business's logo, contact information, and payment terms. This helps give your invoices a professional look and makes it easy for you to create and send out invoices.
Detailed Reports
Paypal also offers detailed reports on your invoicing and payment history, allowing you to keep track of your business's finances. This feature is helpful for small business owners who want to analyze their business's performance and make informed decisions.
Pros
Popular and trusted payment platform
Automatic payment reminders
Customizable invoice templates
Cons
Limited features compared to other free invoicing software
Limited customer support
Transaction fees for online payments
Pricing
Paypal offers a free invoicing solution, but it also has transaction fees for online payments.
Paypal is free to use for personal accounts; however, it does charge a transaction fee of 2.9% + $0.30 for receiving payments for business accounts.
The fees vary depending on the type of payment and the country in which your business is located.
Customer Support
Paypal offers customer support through email and a knowledge base. However, the support is limited for the free invoicing solution.
Supported Platforms
Paypal is a web-based software that can be accessed from any device with an internet connection. It is also compatible with all major web browsers.
Rating
Paypal has received an overall 4 stars out of 5 on various software directories, including Capterra, G2, and Trustpilot.
3. Zoho Invoice
Zoho Invoice is another invoicing software that offers a free version for small businesses. It comes with a wide range of features, making it a complete solution for managing your invoicing needs.
Features of Zoho Invoice
Simple invoicing solution
Automatic payment reminders
Invoice templates
Detailed reports
Email for invoices
Business financing
Top 3 Features
Let's take a closer look at the top 3 features of Zoho Invoice that make it a popular choice for small businesses.
Automatic Payment Reminders
Similar to eProcessify and Paypal, Zoho Invoice also offers automatic payment reminders to help you get paid on time. This feature ensures that you never miss out on payments from your clients.
Invoice Templates
Zoho Invoice also offers many customizable invoice templates for different business needs. You can add your logo, contact information, and payment terms to these templates, making your invoices look professional and personalized.
Detailed Reports
Zoho Invoice provides detailed reports on your invoicing and payment history, allowing you to keep track of your business's financials. This feature is helpful for small business owners who want to analyze their business's performance and make informed decisions.
Pros
Detailed invoicing solution
Automatic payment reminders
Customizable invoice templates
Cons
Limited features in the free version
Limited customer support
Limited support for customization
Pricing
Zoho offers three pricing plans - Standard, Professional, and Enterprise.
The Basic plan is priced at $12 per month and includes features such as custom fields and workflows.
The Professional plan is priced at $20 per month and offers all the features of the Standard plan, along with inventory management and email integrations.
The Enterprise plan, priced at $35 per month, provides all the features of the Professional plan. It also comes with an AI assistant, Sandbox, and multi-user portals.
Customer Support
Zoho Invoice provides customer support through email, phone, and live chat. However, the support is limited for the free version.
Supported Platforms
Zoho Invoice is a web-based software that is compatible with all major web browsers. It also has a mobile app for iOS and Android devices, which makes it convenient for small business owners to access their invoicing software on the go.
Rating
Zoho Invoice has received an overall rating of 4 out of 5 stars on various software directories, including Capterra, G2, and Trustpilot. Here are some screenshots of the ratings from these directories.
4. Wave
Wave is another popular choice for small businesses, that offers a free invoicing solution with additional features for accounting and finance. With Wave, you can create professional-looking invoices, track expenses, and manage your finances all in one place. Let's take a closer look at what Wave has to offer.
Features of Wave
Simple invoicing solution
Automatic payment reminders
Invoice templates
Detailed reports
Email for invoices
Business financing
Accounting features (expense tracking, bookkeeping, etc.
Top 3 Features
Let's take a closer look at the top 3 features of Wave that make it a preferred choice for small businesses.
Automatic Payment Reminders
Similar to other invoicing solutions, Wave also offers automatic payment reminders to help you get paid on time. This feature is important for small businesses that have a large number of clients and need to keep track of payments.
Invoice Templates
Wave offers customizable invoice templates that allow you to add your logo, contact information, and payment terms. This makes it easy for you to create professional-looking invoices in no time.
Accounting Features
Aside from invoicing, Wave also offers additional accounting features like expense tracking, bookkeeping, and financial reporting.
Pros
Free invoicing solution
Automatic payment reminders
Customizable invoice templates
Additional accounting features
Cons
Limited features in the free version
Limited customer support
Limited support for customization
Pricing
Wave has a free invoicing solution, but it also offers paid plans that start at $16 per month. The paid plans offer more advanced features like online payment options, unlimited estimates, and more.
Customer Support
Wave provides customer support through email and a knowledge base. However, the support is limited for the free version.
Supported Platforms
Wave is a web-based software that is compatible with all major web browsers. It also has a mobile app for iOS and Android devices, making it convenient for small business owners to access their invoicing software on the go.
Rating
Wave has received an overall rating of 4.05 stars on various software directories, including Capterra, G2, and Trustpilot. Here are some screenshots of the ratings from these directories.
Table Comparison
Feature | eProcessify | PayPal | Zoho Invoice | Wave |
Simple Invoice Generator | ✓ | ✓ | ✓ | ✓ |
Automatic Payment Reminders | ✓ | ✓ | ✓ | ✓ |
Schedule Invoices | ✓ | ✓ | ✗ | ✗ |
Invoice Templates | ✓ | ✗ | ✓ | ✓ |
Professional Invoices | ✓ | ✓ | ✗ | ✓ |
Email for Invoices | ✓ | ✓ | ✓ | ✓ |
Best of the Best - Top 3 Free Invoicing Software for Small Businesses
After reviewing the features, pros, cons, pricing, customer support, and ratings of eProcessify, Paypal, Zoho Invoice, and Wave, it's clear that these are the top 3 free invoicing software options for small businesses. As expected, eProcessify takes the lead with its user-friendly interface, automatic payment reminders, and customizable invoice templates.
eProcessify
eProcessify stands out as the best free invoicing software for small businesses because of its simplicity, and user-friendly interface. It offers all the necessary features needed for invoicing, along with additional features like automatic payment reminders and scheduling invoices. Plus, its high ratings and positive reviews from satisfied customers make it a reliable and trustworthy option for small business owners.
Zoho Invoice
Zoho Invoice is a close contender for the best free invoicing software for small businesses. With its strong features and customizable invoice templates, Zoho Invoice provides small business owners with a complete solution for managing their finances.
Paypal
With Paypal, you can easily manage all your invoicing needs and accept online payments without any problems. Its integration with various platforms and user-friendly interface make it a top choice for small business owners looking for convenience in their invoicing processes.
Conclusion
Free invoice software is no doubt a vital tool for small businesses looking to make their invoicing processes easier. There are different tools on the market but eProcessify easily tops the list. With eProcessify, you can watch as your financial management becomes a breeze, allowing you to focus on growing your business and satisfying your customers.
Ready to take that next step? Sign up today and unlock the potential of your small business!
Frequently Asked Questions
1. Can I customize invoices with free invoice software?
Yes, many free invoice software options like eProcessify allow you to customize your invoices with your business logo, branding colors, and personalized messages to clients. This customization helps create a professional look for your invoices and reinforces your brand identity. You can also add personalized thank-you notes or payment terms to your invoices.
2. What are the advantages of using free invoice software for small businesses?
Free invoice software helps small businesses simplify their billing process without the added expense of paid software. It can help with creating professional invoices, tracking payments, and managing customer information, all of which are important for maintaining cash flow.
3. What limitations should I be aware of when using free invoice software?
Free invoice software typically has some limitations, such as a cap on the number of clients or invoices you can manage, fewer customization options, or restricted access to premium features like advanced reporting or integrations with other business tools.
4. Can I upgrade to a paid plan on eProcessify if I outgrow the free invoice software?
Yes, you can upgrade to a paid plan on eProcessify if you outgrow the free invoice software. By upgrading, you gain access to additional features like advanced reporting, integrations with other business tools, and the ability to manage an unlimited number of clients and invoices. This means that as your business grows, eProcessify can continue to support your financial management needs at every stage.
5. Can I use eProcessify’s invoice software for international clients?
Absolutely! eProcessify supports multi-currency invoicing, which enables you to send invoices in your clients’ preferred currencies. This is particularly useful if you have a business that operates globally or if you have clients in different countries.
6. Can I automate recurring invoices with eProcessify?
Yes, eProcessify allows you to automate recurring invoices for regular clients. You can set up schedules for recurring billing, ensuring that your invoices are sent out on time without manual intervention.
Hello