Every Sole Trader Should Use These Free Invoice Software


sole-trader-should-use-free-invoice-software

Sole proprietors are constantly looking for a simple invoicing software to streamline their payments. With number of options available, choosing the right one can be difficult. To make things easier, we have listed some of the best free invoice software.

As a sole proprietor, the success or failure of the business rest entirely on your shoulders. Therefore, you must stay on top of your finances. A free invoice software offers simple solution to help sole traders work faster and smarter. From keeping record to making bookkeeping easy, a free invoice software can do it all. This software not only allow you to generate invoices with your branding and personal style, but also provide you with sole proprietor invoice templates.

Let’s take a look at some of the best free invoice software –

CloudBooks
CloudBooks invoice software provides you with a multi-faceted platform. This software offers a free of cost plan for sole traders, who are looking to create invoices according to their requirements. They generally serve different types of clients, and even have to make use of two or more templates for the same client. CloudBooks makes this frustrating process easy. It allows you to create client specific invoices. You can even use this software to keep a track of the expense and time to make error-free invoices.

ReliaBills
ReliaBills offer unlimited invoices along with the tools to generate recurring invoices without any added costs. You can even use it to send automated reminders via email to your clients. It is basically a client management platform that streamlines the invoice generation and payment collection process. You can make your own templates and designs for a branded experience using ReliaBills. You can generate client specific invoices and edit them whenever you want.

    Also Read: Billing And Invoice Software

Invoicera
Invoicera has taken invoicing up a notch. It offers a free plan for a lifetime to cater to the needs of small businesses and sole traders that are starting out. This software allows you to generate invoices and scale, depending on your requirement. Invoicera offers many paid premium tools for businesses, looking to expand. It even provides a quick solution for all their invoicing needs.

Nutcache
Nutcache is a supreme invoice generation software that also allows you to manage and track your projects. Being a sole trader, you might have come across situations wherein you are left frustrated. This is where Nutcache comes into the picture. By using this software, you can save time by following a more centralized approach. It makes accurate invoicing possible with integration of expense tracking, time tracking and invoicing. It is a one-stop solution for all sole traders out there.

Wave Accounting
Wave Accounting is a free invoicing software. You can choose from many invoicing templates to provide all kinds of invoices including standard, debit and mixed. Nothing is impossible with this solution. You can easily create and professional invoices with advanced features like recurring bill and automatic payments.

Brightbook
Brightbook is another great free software for sole traders. You can instantly sign up for a free account and import all your financial data to integrate with your new invoicing templates. Brightbook makes accounting a cakewalk with its easy to use tools and selective access platform. Being a completely free software, it is one of its kind. It allows multiple users with uncompromised security and privacy methods in place.

    Also Read: Billing Software for Small Business

5 Common Questions About Online Invoice Software Answered


questions about online invoice software

Online invoicing software makes it easier to manage sales, create invoices, receive and keep track of payments among other things. Here we have answered the five most commonly asked questions.

In this day and age, online invoice software is essential for the smooth functioning of a business. The software acts as your bookkeeper, budget handler, expense tracker, and most importantly as an accurate analyst. An online invoicing software can keep business processes systematic. You will be able to send and create invoices without errors while keeping track of the financial information.

Many people are still not satisfied and have questions about online invoicing software. Here we have answered the five most commonly asked questions.

Is an Online Invoicing Software same as an Invoice Template?
The answer is – No. An online invoicing software is a platform that lets you make invoices at your whims and fancies. Inside an online invoicing software, you will find many invoice templates. But that doesn’t mean an online invoice software is just a file of invoice templates. An online invoicing software lets you edit, schedule, and build invoices from the scratch. The invoice template in the traditional sense is just a spreadsheet document with some columns marked on it, depending on your business. An online invoicing software is a platform that includes not just the template, but the transaction database and the various tools.

Is Online Invoicing Automated?
Yes! Online invoicing is a seamless and automated experience for all things related to accounting. With an online invoice software, you can schedule various invoices on multiple dates at once. You can directly link your bank account with the online invoicing software to automatically generate invoices. You can even link your client’s bank account through an invoicing software to get timely payments. Setting up an online invoicing software allows you to automatically generate recurring invoices for your clients. The software also allow users to set reminders for payment.

Are Invoice Details Safe Online?
Most online invoicing software use state-of-the-art security services to maintain and protect their data. With a cloud based invoicing software, users can also create multiple backups of their entire transactional history. Online invoicing software use various security models like SSL protection and secure servers to protect sensitive information. An online invoicing software allows you to control access of invoices, and lets you track that access. This means you can limit or revoke access for subordinates.

   Also Read: Online Invoicing for Small Businesses: Brief History & 5 Essential Invoices You Need

Can Invoicing be Customized?
Of course, online invoicing is all about customization. You can even customize the payment options. Online invoicing software come with tools that allow you to personalize each invoice for your client’s needs. With an online invoicing software, you can set up multiple invoices in sync with the client’s invoices and bookkeeping. You can even generate sample invoices for client’s approval and add estimates and quotes and later convert them into serialized invoices. Generating invoices online is not only easy, but fun!

Online Invoicing is Too Expensive?
There are a numerous free online invoicing software available today. So, the answer is no. Online invoicing is the cheapest method to manage your company’s bookkeeping. In fact, it makes so many aspects of doing business easy, that the equivalent manual labor could cost you five times the monthly subscription of an average online invoicing software.

Best Online Invoicing Software for Entrepreneurs


Online Invoicing Software for Entrepreneurs

When you start as an entrepreneur, you may think that your main concern is bringing the best product or service to your target customers. However, no matter what level of service you provide, you will not make progress if your clients are not paying you on time.

Notably, 60 percent of invoices are paid late, and over one-fifth of invoices are paid more than two weeks late. One of the best things you can do for getting paid on time is purchasing the best invoicing software so that your invoice goes on time, and is noticed and responded to.

Here, we have compiled a list of the top online invoice software for all your small business billing needs.

• Cloud Books Invoicing Software

This solution routinely makes it to the top of the list of invoicing software for small businesses because it provides the option to send unlimited, attractive invoices conveniently. You can try the invoicing software free for thirty days, and if you decide to opt for the paid version, you can enjoy features, such as live chat support, phone support, etc. along with the customary secure data storage in the cloud.

PRICING
Team- 10 dollars/month
Agency-20 dollars/ month

   Also Read: Online Invoicing for Small Businesses: Brief History & 5 Essential Invoices You Need

• Freshbooks

This versatile billing tool allows you to make proposals and estimates that are convenient for small businesses that need to itemize materials and include contracted workers. Further, you can send unlimited, customized invoices and setup recurring client billing, and also get paid through their user-friendly mobile app.

PRICING
Lite version- 15 dollars/ month
Plus-25 dollars/month
Premium-50 dollars/ month

• QuickBooks
They provide invoicing software free for a thirty-day trial period, during which you can experience their highly-rated invoicing, bill management, and payroll solution. Besides, you have the option of easily getting paid online and preparing tax forms as well. It is worth noting that their Small Business Center allows you to clarify your queries with the local expert.

PRICING
Starts at 9.99 dollars /month

• Invoicera

Entrepreneurs and small business owners can send customized invoices, receive online payments, and control expenses and cash flow as well. To boost productivity, they also offer a user-friendly time-tracking tool.

PRICING
Free for three/ fewer clients
Premium- Starting at 19.95 dollars/ month

• Xero

You can use their invoicing and accounting software for thirty days for free. Small business owners can leverage the solution to send recurring invoices, pay employees, capture receipts, and witness financial information in real-time as well.

PRICING
Starting at 9 dollars/ month

• Due

This versatile online invoicing platform allows you to be productive by helping with quotes and estimates, time-tracking for the work you have done as a freelancer, and billing clients worldwide as well. The software further shows you detailed financial reports that let you make informed business decisions. Also, you can benefit from the reminders and payment acknowledgments that you can quickly send.

PRICING
Basic -7.99 dollars/ month
Pro-16.99 dollars/ month
Premium-27.99 dollars/ month

• Wave

One of the best things about the cloud-based, integrated accounting software is that it is completely free. If you are a freelancer, small business owner, or entrepreneur, you can benefit from their online forum filled with useful tips and articles. Also, it lets you do record-keeping through money receipts, send invoices easily, prepare sales tax reports and balance sheets, and take care of payroll, payment, and personal finance.

PRICING
Free

Bottom-Line

As an entrepreneur, one of the best things you can do is choose the right online invoice software for your business. Whether you decide to go with free invoicing software or not depends on factors, such as the number of clients and the level of support required. We hope this list helps you in your quest for finding the top invoicing software online.

   Also Read: How to Choose a Small Business Invoicing Solution: The Complete Guide