Billing and Invoicing Software allows small businesses to easily manage their customers account balances, track payments, and generate invoices. It allows small business owners to create and send invoices with much less effort, focusing more on lucrative activities than chasing client payments.
What are the advantages of Online Invoicing Software?
- Automated Workflows
- To monitor payments connecting to bank account
- Accepting Online Payments
- Sending out payment reminders
There are a number of invoicing software providers available that offer numerous features. Below we have selected what each of the leading invoicing software providers can offer.
Happay Invoice
Some of the features and benefits of Happay Invoicing Software:
- Efficient Business-compliant Processes
- Transparency in expense claims
- Full control over business spend management
- Automatically captures GST along with Input Credit
- Provides corporate Travel management solutions
- Easily get access to vendor payments
Happay is an integrated solution provider for corporate travel, expense and payment management. It supports small businesses with their finances such as invoicing software.
It promises:
- 36% reduction in cost per invoice
- 38% reduction in compliance -related costs
- 39%reduction in late payment and related costs
So you can register vendors, upload invoices, approve invoices, schedule payments and track invoices. Best thing about Happay Invoice is you don’t need logging in net banking.
You can do a lot of things in less time. Also, to enhance process efficiencies and boost productivity it provides invoice templates.
Vyapar
Features and Benefits of Vyapar Invoicing Software
- It makes accounting error-free
- Full data security for your business
- It helps to create GST invoices.
- 15 days free trial
- Track business status
- Provides multiple payment option
- It provides lifetime free basic usage
Vyapar is a GST billing software that also offers invoicing software to help businesses to manage their customer accounts because Vyapar knows cash flow is essential for small businesses and invoicing plays a key role in their success and failure. Vyapar is app based and allows you to send invoices, create estimates and monitor payments. Their goal is to provide faster invoices to clients or customers.
XERO
Features and Benefits of XERO Invoicing Software
Xero has a spot on interface, for beginners it is very seamless.
It connects with a bank account automatically, which makes it hassle-free.
- Online payment availability
- It provides expense tracking feature
- Effortless cash flow monitoring
- Produce invoices quicker
XERO is simple and easy accounting software, a boon for small businesses. Real-time financial visibility is what it offers, helps in decision clarity. It provides financial services like inventory management, invoicing, etc. XERO app allows you to convert your estimates into invoices simply, providing flexible billing. XERO is a cloud-based tool to support small businesses with their accounting needs. It allows you to produce professional-looking invoices easily and quickly and send them to your customers instantly and help speed up payments by adding payment options to your invoices.
Square Invoices
Features and Benefits of Square Invoicing Software
- Allows businesses to save time
- Create fast and professional invoices
- Designed for small businesses
- Setup recurring invoices
- Automatically sends payment reminders
- Allows you to better manage your customers
Square Software helps businesses to better manage their customers and finances with easy to use and set up invoices that can be customised to include your company’s branding. It helps create, send, track, and record all invoices and have a better handle on your finances.
Scoro
Features and Benefits of Scoro Invoicing Software
- Flexible software
- Fast and reliable software
- Provides insightful reports on your team’s performance
- Accept payments
- Helps manage customer relationships
Automating invoice reminders helps in cash flow improvement.
Scoro is a specialist invoicing software provider that allows you to manage your finances in one place with the additional functionality of tracking time, expenses and mileage to invoice more accurately.
These 5 invoicing softwares will be your great ally when it comes to digitising and submitting business expenses. These online invoicing softwares will help you build strong relationship with customers, wil make your work hassle-free, and your business will reap the benefits.
QR Code for B2C Invoices has become important in the current scenario when the e-invoicing system is implemented for taxpayers with turnover over INR 500 cr.
from October 1, 2020.As per GST Notification 14/2020-Central Tax date.
23-03-2020, the government has made it mandatory for notified taxpayers (turnover over Rs.
to display QR codes even on their B2C invoices.
And as per GST Notification 71/2020-Central Tax dated 30-09-2020, the requirement of Dynamic QR Code on B2C invoices was deferred to 1st December 2020.
