5 Best Invoicing Software for Small Businesses in 2024

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There should be an easy way for small businesses to do their invoicing and luckily for them, there are plenty of software out there that do it.

The thing with small businesses is that most of them are just starting, so an easy way to manage cash flow is more than important for their success.

As we’re going deep into 2024, more and more invoicing software are becoming available to these businesses. However, choosing the best one out of so many can be a really hard task.

So, to make things easy for you, we’ve decided to do our due diligence and compile a list of the best invoicing software for small businesses. Without further ado, let’s start.

1. Fresh Books

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Small businesses don’t always have to mean a company with an office. A small business owner could be a freelancer with a registered company, working from home.

Because of that, Fresh Books is an invoicing software that is versatile enough to accommodate any business owner; from a small company with a few employees to a freelance owner with virtual offices and even those with up to a dozen employees.

The thing with this software is that it’s very user-friendly and can offer you a lot of features such as:

  • The ability to create unlimited invoices that can be fully customized based on your needs
  • The ability to set up a billing process which will recur automatically
  • It will calculate and add up extra fees once the client misses its payment date
  • Notifications for all actions, including money being transferred
  • A mobile app that can do everything the desktop app can
  • And dozens of other features

Judging by this, we can safely say that Fresh Books has a lot to offer to each individual entrepreneur, and is recommended mostly for contractors, interior designers, and literary any other type of business that predominantly has the use of hiring contracted workers. This is a specific feature of the software, but any business owner can use it regardless.
There are three plans available for you to choose from; the Lite, Plus, and Premium. The first one costs $15/month and allows up to 5 billable clients, the second costs $25/month and up to 50 billable clients and the last costs $50/month and up to 500 billable clients.

Also, each one comes with an upgrade of features.

2. Billdu

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While not exactly software, Billdu is more of a web application that acts as invoicing software. The thing with Billdu is that it’s solely designed for small businesses and entrepreneurs that are just starting in their respective niches.

Billdu is a free tool that every boss around the world can appreciate. When first starting, you don’t need to pay that much for simple tools that can do the job for free. This is exactly why Billdu was created.

Not only does this software/web app look professional, but it will make sure that all invoices are going nice, smoothly, and super fast. Speed is probably the best feature that Billdu has to offer each business owner.

Also, it keeps everything on a cloud, which makes it easier to organize for tax returns, and it saves you a lot of time and money on tasks that can be done for free.

The only thing you’d need to do is create an account to use their tool for free.

To put an end to all of your invoicing problems, make sure to click here.

3. Wave

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Wave is a software that allows you to send and receive payments from your clients. Wave is made out of two separate software, Invoicing and Payment by Wave, that can be integrated into one and used for all of your business needs.

And like the previous one, both are free and can be used for your needs. Like any software on our list, Wave accepts payments from all major credit card companies such as Visa, Mastercard, American Express, Maestro, etc.

All of their features and sub-tools are completely free to use, but you do have to pay the standard processing fee that comes with these software. As these things fluctuate between software, it’s best that you check it out on each manufacturer’s website for more information.

Moving along, Wave is a very intuitive tool that helps any business owner do their invoicing and accounting. Like Billidu, Wave has a cloud where it stores all of your previous invoices for future references.

4. QuickBooks Payment

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Regarded as one of the cheapest software out of all who aren’t-free, QuickBooks is also very convenient and perhaps one of the best ones out there. As a matter of fact, the previous statement is somewhat wrong since QuickBooks doesn’t have a monthly paying system but takes a slight percentage out of every transaction; a payment system that we’ve seen before with others.

QuickBooks has a vast user count; some even say that this is the most used invoicing software out there. You’ll have multiple uses from this tool, of which the most you’ll be using is its free invoicing templates, next-day payment processing, easy and customizable invoice generator, and of course, its mobile app that lets you do everything on the go.

5. Hiveage

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The last one we’ll be looking for is Hiveage, probably the most diverse option in terms of online payments. These options are many and plenty, and includes more than the average software. It accounts for what you send your clients, and what your clients send you.
It has a very diverse payment system that not only accepts credit cards but gateway payments such as PayPal, Stripe, Autorize.Net. and Braintree.

However, as a bonus for the average crypto trader, Hiveage also accepts Bitcoin through Coinbase, one of the largest cryptocurrency markets.

But Hiveage doesn’t stop there, you could request or pay with lots of currencies, multiple payment features, the ability to set up payment teams, and lots of others.

The staring plan costs $15/month and offers you 250 billable profiles and lots of features.

The most expensive plan has an unlimited number of billable profiles.