Invoice after every purchase can be challenging, especially if you have a considerable amount of customers. Manual invoice generation can also lead to possible errors and delays. As a result, you might need e-invoicing software to assist you with your transaction and receipt generation effectively and efficiently. Continue reading below for more. 

E-Invoicing Software

10+ Best E-Invoicing Software

1. Zoho Invoice

zoho invoice

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Rating: 4.8/5

Price: FREE

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2. CaptainBiz

captainbiz

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Rating: 5/5

Price: FREE

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3. CONNETINBOT

connetinbot

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Rating: 4/5

Price: Custom

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4. Vyapar – Accounting And Invoicing

vyapar accounting invoicing

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Rating: 4.7/5

Price: $23.48/Year

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5. Swipez Billing

swipez billing

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Rating: 4.9/5

Price: $78.31/Year

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6. QuickBooks

quickbooks

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Rating: 4/5

Price: FREE

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7. Invoicing by Wave

invoicing by wave

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Rating: 4.3/5

Price: FREE

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8. Xero

xero

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Rating: 4.5/5

Price: $12/Month

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9. Stripe

stripe

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Rating: 4/5

Price: Custom

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10. Invoiced

invoiced

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Rating: 4.6/5

Price: $100/Month

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11. Zuora

zuora

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Rating: 4.3/5

Price: $299/Month

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What is E-invoicing Software?

E-invoicing software is a technological tool with several advanced features and functionalities that allow you to do multiple tasks and processes within a single platform. It enables innovative characteristics assisting you with transactions, invoice management, recording, evaluating, reporting, etc. With this technology partner, you can lessen work errors and ensure smooth invoice processing. Electronic invoicing quickens operational speed, leading you to save time and reduce costs. 

Benefits

Using e-invoicing delivers impressive advantages and benefits to your daily operations. It helps you from the hassle of physical papers and manual methods that can be frustrating and time-consuming. It ensures accurate data analysis, document generation, data integration, real-time tracking, etc., leading to a fluid operation, error-free invoices, and streamlined processes. 

Features

Several technology firms offer e-invoicing software that has diverse functionalities. Not all platforms can reach your expectations and demands. As a result, it is essential to research the software’s capabilities to make sure you choose the best software for your company. You can gather software details from software reviews talking about the pros and cons. Free trials and versions are also available, allowing you to test them firsthand. That way, you can avoid investing in the wrong tool. The following are features you will need:

  • Accounting Integration
  • Accounts Receivable
  • ACH Payment Processing
  • Ad hoc Reporting
  • Agile Methodologies
  • Fraud Detection
  • Fund Accounting
  • Gantt/Timeline View
  • Invoice Processing

Top 10 E-invoicing Software

1. Quickbooks

Quickbooks from Intuit includes 3PL management, channel management, demand forecasting, eCommerce management, and more advanced features. Intuit has annual revenue of $10.3 billion and 13,978 employees.

2. Zoho Invoice

Zoho Invoice includes activity tracking, a billing portal, expense tracking, mobile payments, and more advanced features. Zoho has annual revenue of $2 billion and 10,000 employees.

3. Stripe

Stripe includes ACH payment processing, online payments, payment fraud prevention, payment processing, and more contributive features. Stripe has an annual revenue of $1.3 billion and 6803 employees.

4. Xero

Xero includes invoice processing, compliance management, payment processing, fixed asset management, and more innovative features. Xero has annual revenue of $629 million and 3,600 employees.

5. Invoicing by Wave

Invoicing by Wave includes accounts payable, ACH payment processing, cash management, fund accounting, and more valuable features. Wave Apps has annual revenue of $52 million and 250 employees.

6. Vyapar-Accounting and Invoicing

Vyapar includes accounting, accounts receivable, cash management, online invoicing, tax management, and more. Vyapar has annual revenue of $16.4 million and 229 employees.

7. CaptainBiz

CaptainBiz from Logo Infosoft includes financial management, email integration, inventory management, purchase management, and more innovative features. Logo Infosoft has annual revenue of $2.7 million and 46 employees.

8. Invoiced

Invoiced includes dunning management, revenue recognition, subscription plan management, collections management, and more logical features. Invoiced has annual revenue of $1.7 million and 13 employees.

9. Swipez Billing

Swipez Billing includes a billing portal, online payments, project billing, a contact database, mobile payments, and more helpful features. Swipez has annual revenue of a million dollars and seven employees.

10. CONNETINBOT

CONNETINBOT is a web-based tool that helps businesses optimize their operations. It includes cloud computing, marketing automation, warehouse management, lead generation, and more valuable features.

FAQs

What is invoice management?

Invoice management is a critical activity the businesses execute to ensure the avoidance of complaints from customers regarding price miscalculations and other issues. Managing invoice allows the company to guarantee details regarding the purchased products and services. Aside from that, it assures that crucial elements such as tax compliance is included.

Why is invoicing important?

Invoicing is a receipt customers will receive after the purchase of a product or service. It holds the details such as the value-added tax, date of purchase, company name, and other critical data you need to know for future purposes. It also serves as a marketing tactic that aids in spreading brand awareness.

How does technology affect the business industry?

Technology has a big impact on the business industry. The business industry has numerous crucial operations that face errors and delays due to manual methods. Technological solutions help firms of all sizes streamline processes, gain reliable data analytics, and improve meetings, resulting in more fluid operations and better business decisions.

You cannot deny that invoicing using actual papers and manual methods is hindering you from reaching your goal productivity speed. As a result, it is wise to use e-invoicing software to operate using digital approaches to improve operational efficiency and ensure quality assurance. This tool guarantees conventional ways of transactions and invoice recording processes. 

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