If you bill by the hour, by service or by project, then billing and invoicing software is crucial for your business. Cloud-based billing and invoicing apps provide the ability to generate personalized invoices through customizable and pre-defined templates, as well as track and accept payments, send out statements, and record billable man hours. Good billing software will also send reminders of due payments, notifications of when you have had a payment accepted, and set up recurring billing for repeat customers. By automating the billing process, you can prevent late or missed payments, improve customer relations, as well as become more efficient and effective as a business.
Choosing the right billing & invoicing app for your business is not an easy process, but here are some common features you should look for, as well as some more niche functionality that could be useful for your business.
Your billing and invoicing software shouldn't function in isolation, but if you want it to work with your other systems, you'll need a fully-documented API that integrates with other common solutions, along with plenty of support from the software vendor.View all apps with API
If you are running a global business and have clients in a variety of countries, you will need software that provides the ability to invoice and receive payments in multiple currencies.View all apps with Multi-Currency
Create and customize purchase orders than send them as a bill, all from within the same system.View all apps with Purchase Orders
Tracking Keep track of time spent and expenses acrrued on a project from within your billing and invoicing software, allows you to invoice for services more easily.View all apps with Time & Expense
Recurring billing allows you to automatically bill customers that have subscribed to a product or service you offer on a regular basis.View all apps with Recurring Billing
Being able to integrate your billing and invoicing software with your accounting solution (such as Quickbooks) allows for a better flow of information and more streamlined processes.View all apps with QuickBooks Integration
Keeping track of the status of a project means that you can more easily access key metrics that allows you to send bills and invoices quicker and in a more accurate way.View all apps with Project Tracking
By integrating your billing and invoicing software with your email app, you can keep client information in one place, and more quickly and accurately send invoices to your clients.View all apps with Email Integration
When your complete a sale, convert the sales order into an invoice with the click of a button from within your billing and invoicing software.View all apps with Sales Orders
GetApp's quarterly ranking showcases the top 25 Billing & Invoicing apps based in the cloud. Each app is scored using five factors, worth 20 points each, for a total possible score out of 100. These factors include user reviews, integrations, mobile app availability, media presence, and security. Each app's score is independent of commercial interests and existing relationships that GetApp has with app vendors.
Scroll down for more details about how we calculate scores.
This ranking is for business owners and decision makers looking for a first glance at the leading cloud-based Billing & Invoicing software in the industry. The data serves as a point of reference highlighting the key factors that small businesses should look at when first analyzing a piece of software. These factors include user perception (reviews), compatibility (integrations and mobile app availability), market presence (media presence), and security features (security).
For more details on why we chose these data points, take a look at our industry research reports, which provide in-depth explanations of each data point, as well as trends in the industry.
An app’s score is calculated based on five unique data points and is completely independent of any relationships that GetApp has with app vendors. The data points are calculated as outlined below:
The score for user reviews is calculated using a Bayesian estimate, which is a weighted average that includes the number of reviews and the rating of an app, benchmarked against other apps in the category. This raw number is then scaled to represent a value between one and 20.
Integration scores are calculated by scaling and adding two different averages for the number of listed integrations on GetApp: the first 15 points are awarded for the total number of integrations scaled against the average for the top 25 percent of apps in the category, while the final five points are awarded for the total number of integrations scaled against the leader in the category.
Mobile platform scores are calculated using data from Google Play and the Apple App Store. Five points are awarded for having an Android App, and another five for an iOS app. The additional 10 points are calculated based on the user ratings of the app in each store, rated out of five, for a total of 20 points.
Media presence is calculated using the number of Twitter followers and Facebook fans a vendor has. Each social network contributes a maximum of 10 points to the total score. The first five points are awarded for total number of followers scaled against the average number of followers that each vendor in the category has, while the remaining five points are awarded based on the total number of followers, this time scaled against the category leaders. The scores for Facebook and Twitter are added together for a total score out of 20.
Security is calculated using answers from a vendor-completed survey. The questions in the survey are based on the Cloud Security Alliance self-assessment form as part of the Security, Trust & Assurance Registry. With 15 questions, each answer is assigned a point value based on vendor response, with additional points given for security certifications, for a maximum possible score of 20.
In the event of a tie, each data point is weighted for importance, with security taking precedent, followed by reviews, integrations, mobile apps, and media presence, respectively.