Tag: Xero

  • Top Consulting Tools & Software Every Business Consultant Needs in 2025

    The role of business consultants has evolved significantly in recent years, with increasing responsibilities and tasks that require them to juggle multiple priorities every single day. From prospecting for new clients to managing the needs of existing ones, the sheer volume of work can be overwhelming. Whether you are analyzing data, creating presentations, managing projects, or communicating with clients, having the right set of tools can help you work more efficiently and effectively.

    With so many tools available, it is essential to make prudent choices that not only simplify work but also enhance client relationships and provide a competitive edge in a crowded industry. This article will explore some of the best tools that business consultants can use to streamline their work and deliver results for their clients. By the end of this post, you will have a better understanding of the tools you need to succeed as a business consultant in today’s competitive market.

    Sr. No. Tool Key Features Rating
    1 Capsule Contact & Lead Management, Task & Sales Tracking 4.3/5
    2 Keap Automated Marketing, CRM & Sales Pipeline 4.1/5
    3 Ring Central VoIP & Phone System, Team Messaging & Meetings 4.2/5
    4 Slack Team Messaging & Channels, Integrations with Apps & Tools 4.5/5
    5 Accelo Project Management, Client Billing & Automation 4.0/5
    6 Trello Kanban Boards & Task Management, Team Collaboration & Workflow 4.4/5
    7 Xero Accounting & Invoicing, Bank Reconciliation 4.3/5
    8 QuickBooks Accounting & Tax Management, Expense & Payroll Tracking 4.2/5
    9 Hootsuite Social Media Scheduling, Analytics & Reporting 4.4/5
    10 Sprout Social Social Media Publishing, Engagement & Analytics 4.2/5

    Tools for Client Relationship Management

    As a business consultant, maintaining strong relationships with your clients is crucial for success. To do so, you need to have effective Client Relationship Management (CRM) tools that can help you stay organized, track communication, and build stronger connections with your clients.

    Here are some of the best CRM tools for business consultants:

    Capsule

    Website Capsulecrm.com
    Free Trial Available
    Platforms supported Web, Android, iPhone/iPad
    Capsule - CRM Tool for Business Consultants
    Capsule – Business Consulting Tools and Techniques

    Client Relationship Management CRM is one of the most important aspects of business consulting. Keeping track of the client information, vendors, contacts, etc. Capsule is an excellent application used by both individuals and businesses. It is an all-in-one stop to maintain a record of deals, bids, proposals, and all other relevant information about the client.

    It is designed specifically for growing businesses and thereby gives different levels of access to different kinds of clients. This feature becomes extremely useful when it comes to situations wherein different team members work on different phases of the respective project. The app is also mobile-friendly.

    Pricing:

    Plan Monthly Price
    Enterprise $54 USD / Per user, per month
    Teams $36 USD / Per user, per month
    Professional $18 USD / Per user, per month


    Try Capsule For Free

    Keap

    Website Keap.com
    Free Trial Available
    Platforms supported Web, Android, iPhone/iPad
    Keap - Business Consulting Tools
    Keap – Business Consulting Tools

    Keap provides a centralized system that is integrated to collect, assemble, and manage customer data. Along with the CRM facilities that it provides, Keap goes the extra mile by providing a platform for sales and marketing automation.

    Additionally, email automation, appointment scheduling, sales pipelining, invoicing etc. are some other features that Keap offers. Thus, Keap becomes a single stop for a number of activities that would have otherwise required more than twenty apps.

    Management Consultant Tools

    Pricing:

    Plan Yearly Price
    Pro $149 /month (Billed at $1788/year)
    Max $199 /month (Billed at $2388/year)
    Max Classic Custom Pricing


    Start Using Keap Now

    By using these CRM tools, you can streamline your work and build stronger relationships with your clients. Whether you are a solo consultant or part of a team, these tools can help you stay organized, improve communication, and ultimately deliver better results for your clients.


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    Tools for Communication

    As a business consultant, effective communication is key to building strong relationships with your clients and achieving your goals. Fortunately, there are many communication tools available that can help you streamline your communication and collaborate more effectively.

    Here are some of the best communication tools for business consultants:

    Ring Central

    Website www.ringcentral.com
    Free Trial Available
    Platforms supported Web, Android, iPhone/iPad
    RingCentral – Best Tools for Consultants

    Communication with clients in a professional setup goes beyond emails. Today, with the hyper-integration of technology into our daily lives, instantaneous responses have become a basic norm that the client expects the business consultancy to follow.

    RingCentral is a multifunctional collaboration tool that helps the client gain access to the respective consultancy in any manner. The best part is that you don’t have to ask the client to download any app since it can be accessed via browser as well. It helps you share your screen, shift from different forms of calls and so on. They have designed their services to be compatible with both iOS and Android so that the team members can work from their personal devices.

    Pricing:

    Plan Yearly Price
    Essentials $19.99/user/month
    Standard $27.99/user/month
    Premium $34.99/user/month
    Ultimate $49.99/user/month

    Slack

    Website Slack.com
    Free Trial Available
    Platforms supported Web, Android, iPhone/iPad
    Slack - Communication Tool for Business Consultants
    Slack – Business Consulting Software Tools

    Slack is a communication platform that helps you send instant messages to your team through a messenger. It helps you create specific groups for different purposes of communication between the group members.

    They have specially curated archives that keep an eye on every detail of the discussion that has ever been made through the platform. With more than a thousand app integrations, Slack is an excellent platform that helps you streamline your business communications and progress.

    Pricing:

    Plan Monthly Price
    Free ₹0/month
    Pro ₹218/month*
    Business+ ₹375.20/month*
    Enterprise Grid Custom Price

    By using these communication tools, you can stay connected with your team and clients, collaborate more effectively, and ultimately achieve better results. Whether you are working remotely or in an office, these tools can help you communicate more efficiently and build stronger relationships with your clients.


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    Tools for Project Management

    As a business consultant, managing multiple projects can be challenging, but having the right project management tools can make a big difference. These tools can help you stay organized, track progress, and collaborate with your team and clients.

    Here are some of the best project management tools for business consultants:

    Accelo

    Website www.accelo.com
    Free Trial Available
    Platforms supported Web, Android, iPhone/iPad
    Accelo - Project Management Tool for Business Consultants
    Accelo – Management Consulting Tools

    Managing a project and delivering it to the client at the right time without exceeding the budget is what sustains and attracts more clients to the business. Accelo adds value to this vision by helping the consultancies to manage time through automation of various tasks that would otherwise need manual inputs.

    It has the additional facility to integrate the functionalities of already existing apps like Gmail, Microsoft Office, etc. into its domain. They also generate automatic invoices by making use of projects and timesheets. Based on the client’s requirements, the app lets you collaborate with their respective products and thereby keep track of the progress of the same.

    Pricing:

    Plan Monthly Price
    Plus $30/product/user/month
    Premium $49/product/user/month

    Trello

    Website Trello.com
    Free Trial Available
    Platforms supported Web, Android, iPhone/iPad
    Trello – Project Management Tool for Business Consultants

    Project Management, being a cumbersome task, demands an efficient app to keep track of the progress of the project. Trello is an excellent project management tool in that regard. It has a very user-friendly interface that provides a number of options for customization.

    It helps in managing, organizing, and capturing details of the project to completion. To further increase the efficiency of the work done through the app, Trello has also integrated itself with many other apps.

    Pricing:

    Plan Yearly Price
    Free $0
    Standard $5/user/month
    Premium $10/user/month
    Enterprise $17.50/user/month

    By using these project management tools, you can stay organized, track progress, and collaborate more effectively with your team and clients. Whether you are working on multiple projects at once or managing a large team, these tools can help you stay on top of your work and deliver results for your clients.


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    Tools for Finance

    As a business consultant, having a good understanding of finance is essential to providing valuable insights to your clients. Fortunately, there are many finance tools available that can help you analyze data, create financial models, and make informed decisions.

    Here are some of the best finance tools for business consultants:

    Xero

    Website www.xero.com
    Free Trial Available
    Platforms supported Web, Android, iPhone/iPad
    Xero - Accounting Software for Business Consultants
    Xero – Consulting Tools

    Tracking account details, reviewing bills that are to be received and payable, payroll management, etc., are important activities that should be managed properly for all your efforts to bear fruit.

    Xero is an excellent accounting software that is made for business consultants. It gives you an exemplary dashboard view of all your finances that comes along with various features for expense management.

    They have designed the app in such a way that it is capable of handling international businesses at a multi-currency level. By automatically tracking payments and backing up relevant data, Xero has gained the attention and interest of business consultants over a short span of time.

    Pricing:

    Plan Monthly Price
    Starter $25 USD per month
    Standard $40 USD per month
    Premium $54 USD per month

    QuickBooks

    Website Quickbooks.intuit.com
    Free Trial Available
    Platforms supported Web, Android, iPhone/iPad
    QuickBooks - Accounting Software for Business Consultants
    QuickBooks – Consulting Tools

    QuickBooks is a popular accounting software developed and marketed by Intuit. It is designed to help small and medium-sized businesses manage their financial operations, including invoicing, payments, payroll, inventory, and reporting. QuickBooks is available in both online and desktop versions, and offers a range of features and integrations to help businesses automate and streamline their accounting processes.

    It is a single space where you can manage money and expenses. Very similar to Xero, it allows you to track your expenses, create invoices, and keep track of the inflow and outflow of money.

    Pricing:

    Plan Monthly Price
    Simple Start $15 per month
    Essentials $27.50 per month
    Plus $42.50 per month
    Advanced $100 per month


    Try QuickBooks Now

    By using these finance tools, you can gain a better understanding of your clients’ financial data, create accurate financial models, and provide valuable insights that can help them make informed decisions. Whether you are managing finances for your own business or providing consulting services to clients, these tools can help you achieve better results.


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    Tools for Social Media Scheduling

    Social media is an essential aspect of any modern business, and as a business consultant, it is crucial to help your clients manage their social media presence. One of the most effective ways to do this is by using social media scheduling tools. These tools allow you to plan, create, and schedule posts in advance, so you can ensure a consistent and engaging presence on social media.

    Here are some of the best social media scheduling tools for business consultants:

    Hootsuite

    Website www.hootsuite.com
    Free Trial Available
    Platforms supported Web, Android, iPhone/iPad
    Hootsuite Social Media Tool for Business Consultants
    Hootsuite Consulting Tools

    Social media marketing has evolved as one of the primary factors for brand building and publicity. An app like Hootsuite steps in to understand and adapt to the nuances of the industry.

    It helps you maintain all your social media marketing in a single place. The users can create content and share it across whichever social media platform they choose. Considering the fact that a firm will need multiple accounts on various platforms, an app like Hootsuite will be handy.

    By using these social media scheduling tools, you can help your clients stay organized, consistent, and engaging on social media. Whether you are managing social media for your own business or providing consulting services to clients, these tools can help you achieve better results and make the most of your social media efforts.

    Pricing:

    Plan Monthly Price
    Professional $49 per month
    Team $129 per month
    Business $599/month per month
    Enterprise Custom Pricing

    Sprout Social

    Website www.sproutsocial.com
    Free Trial Available
    Platforms supported Web, Android, iPhone/iPad
    Sprout Social - Social Media Tool for Business Consultants
    Sprout Social – Consulting Tools

    Sprout Social is a powerful platform that streamlines social media management for businesses and individuals. It offers robust features like content publishing across multiple networks, AI-assisted post ideas, and scheduling, as well as engagement tools such as a unified inbox and real-time brand monitoring. Its analytics help track performance, identify the best times to post, and benchmark against industry standards, while social listening tools monitor trends, mentions, and hashtags with AI-powered summaries. The employee advocacy feature boosts brand awareness by enabling team members to share authentic content. Though it requires investment in cost and learning, Sprout Social delivers significant value, especially for agencies or larger organisations managing complex social media needs.

    Pricing:

    Plan Monthly Price
    Professional $249 per month
    Advanced $399 per month
    Premium $499 per month
    Enterprise Custom Pricing

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    Conclusion

    As a business consultant, you need to be vigilant and mindful of the details to ensure the quality of work remains high and technical mistakes are avoided. While the right tools can undoubtedly make your work easier, it’s vital to understand that they should be viewed as supplements to your skills, rather than replacements.

    In essence, being a business consultant is no easy feat. It requires a combination of skills, experience, and tools to be successful. By leveraging the right tools at the right time and maintaining a hands-on approach to your work, you can provide value to your clients and establish yourself as a reliable and trustworthy consultant. However, by exploring some of the best tools available in each category, you can gain a better understanding of what’s available and make an informed decision. Ultimately, it’s the perfect balance of technology and human intervention that will enable you to thrive in the business consulting industry.

    FAQs

    Trello, Slack, Keap, Capsule, and Hootsuite are some of the best consultant tools to provide valuable insights and deliver results for your clients.

    What work does a business consultant do?

    A business consultant works with clients to help them improve their business operations and achieve their goals. They analyze the client’s current business practices, identify areas for improvement, and provide recommendations for change. Business consultants may also assist with project management, financial analysis, marketing strategies, and other aspects of the client’s business.

    What Types of Tools Does a Business Consultant Need?

    A business consultant needs a variety of tools to effectively manage their work, including communication tools, project management software, financial analysis tools, CRM software, time tracking tools, survey tools, social media scheduling tools, and more.

    How do I select the best tools for my business consulting needs?

    Selecting the best tools for your business consulting needs requires careful consideration of your specific requirements, budget, and preferred features. It’s important to research and compare multiple tools before making a final decision and to take advantage of free trials and demos whenever possible.

    Why client relationship management (CRM) is important for business consultants?

    For business consultants, CRM is critical for maintaining strong relationships with clients, keeping track of client communications and data, and identifying opportunities to provide additional value to clients.

    Why project management is important for business consultants?

    For business consultants, project management is essential for managing multiple clients, keeping track of project timelines and deliverables, and ensuring that all tasks are completed efficiently and effectively.

  • 12 Best Billing and Invoicing Software for Business in 2023

    An invoice is a commercial document that itemizes and records a transaction between a buyer and a seller. Now creating an invoice can be very time-consuming, as one has to write down one’s information and the client’s information, set the currency, indicate the date of the invoice, etc. One needs to make sure that the client’s bills are accurate and generated quickly which again takes a lot of time. So, the process is too lengthy, and now to reduce the work, comes the use of the best billing and invoicing software. If you are fed up with manual invoicing or want to automate the accounting of your business. Then, below we’ve listed the best software for billing and invoice to choose from.

    Every year the number of small businesses and freelancers is increasing and with this increasing number of businesses, the need for invoicing software has also raised. According to Upwork, in 2017 there were over 57.3 million people freelancing and most of the freelancers are likely to freelance by 2027. Most freelancers and small businesses use electronic invoices as it reduces the cost by 60-80%. We need business software that can create invoices.

    Best Invoicing & Billing Software Options

    We are living in a digital era where most of the thing we come across in our day-to-day life is now becoming digital. Electronic invoicing is playing an important role, as this invoicing software is now able to automate pretty much everything and make it ‘paperless’ when it comes to accounting. With the help of these tools, you will be able to get payments faster which will help you to reinvest money in your business quicker and respond faster to the fastest-growing market. So, if you want to automate the accounting of your business then, below we’ve listed the best billing and invoice that can help businesses streamline their billing and invoicing processes, saving time and improving efficiency.

    Best Billing and Invoicing Software for 2023

    Zoho Invoice

    Rating 4.6/5
    Best For Small Business Owner
    Deployment Cloud, SaaS, Web-Based, Desktop (Mac, Linux, Chromebook and Windows), Mobile (Android, iPhone, iPad)

    Zoho Invoice – Best Free Invoicing Software

    Zoho Invoice is a user-friendly billing and invoicing software that allows you to track time, create customized invoices, and receive payments quickly. It is a cloud invoicing system designed to meet in particular the needs of small and developing businesses, hence it is a great software for crafting and distributing invoices. Zoho Invoice is quick and on-point and enables facilitated time tracking, online payment acceptance, automated reminders, etc.

    Complete Zoho Invoice Tutorial For Beginners

    Features offered by Zoho Invoice

    • A wide range of invoice templates is available that can be easily customized according to your need.
    • Facility to automatically collect recurring payments.
    • Automated payment reminders to customers to ensure timely payments.
    • Different currency and language options to bill your customers.
    • Converts Your estimates into invoices in a single click.
    • Customer portal to empower your clients with all the transactions in one place.
    • Charge your customer automatically using their card details with the Auto charge feature.
    • Easy Integration with all Zoho and third-party tools like Slack, Google workspace, Dropbox, Evernote, and much more.

    Pros:

    • Multiple payments option
    • Customer support in 10+ languages
    • Invoice Scheduling
    • Easy refund and advance payments
    • 30+ reports to provide detailed insights
    • Mobile app is available
    • Simple interface
    • 100% Free to use

    Cons:

    • Software is a little bit complicated for beginners
    • Complexity in changing dual-language invoice

    Pricing Plans

    Zoho Invoice is 100% free billing and invoicing software offering everything a small business needs.


    Try Zoho for FREE

    Vyapar

    Rating 4.4/5
    Best For Small and Medium Indian Market
    Deployment Desktop (Windows), On-Premise (Windows), Mobile (Android)

    Vyapar – billing and invoicing software 

    Vyapar is a business management app designed for small and medium-sized Indian business owners. It enables you to manage invoices/receipts, estimates, payments, inventory, clients, and more. Vyapar is GST compatible so it allows you to create and share GST-compliant invoices and tally them, generate precise financial reports, calculate taxes automatically, and also file GST tax returns. One can check inventory instantly, see their stock status live, enable low-stock alerts, and track complete inventory quantity and stock value along with information like expiry date, batch number, and more. It has both mobile and desktop versions.

    Features offered by Vyapar

    • Creates professional invoices that help to establish brand identity.
    • The software can be used online as well as offline without any interruptions.
    • More than 10 invoice and billing templates to create professional invoices.
    • Basic accounting features can be utilized free of cost with the robust android app.
    • Features like inventory tracking keep you informed about the available stock.
    • It helps to prepare GST reports based on all the transactions you’ve made on the software.
    • Capability to generate 37+ business reports that provide an overview of your business health.
    • Both online and offline payments can easily be managed and tracked.
    • The online store feature launches your business online within a few hours.

    Pros:

    • Android and windows software is available.
    • 15-day free trial on the premium plan.
    • Line inventory status.
    • Automatic data backup.
    • Simple and modern interface.
    • Mobile app is available.
    • Multiple payments option.

    Cons:

    • Live support is not available.
    • Only works on a single system.

    Pricing Plans

    Vyapar Mobile App (Basic Version) is completely free of cost. Its paid plans pricing is given below:

    Plan Price
    Basic Plan (Only Desktop) ₹1799 Device/Year
    Basic Plan (Desktop + Mobile) ₹2159 Device/Year
    Saver Plan (Only Desktop) ₹3449 Device/Year
    Saver Plan (Desktop + Mobile) ₹4124 Device/Year
    Only Mobile Plans (Basic) ₹539 Device/Year
    Only Mobile Plans (Saver) ₹1012 Device/Year

    FreshBooks

    Rating 4.5/5
    Best For Large enterprises that require many features
    Deployment Cloud, SaaS, Web-Based, Desktop (Mac, Windows), Mobile (Android, iPhone, iPad)

    FreshBooks – Invoicing Software

    FreshBooks is a smart accounting solution now being used by 5 million business and freelance accountants worldwide. FreshBooks is the holder of “Finances Online’s Best Accounting Award” for 2018 and also has the highest customer satisfaction reviews. With FreshBooks, one can collect payments online via PayPal, Google Checkout, or any Credit Card. It is a reliable and fast accounting tool that allows complex financial management into an enjoyable experience as it makes creating professional-looking invoices a matter of a few clicks. FreshBooks’ auto-billing feature allows you to generate invoices and charge your customers’ credit cards on a regular basis by creating recurring profiles. It is also available for both Android and iOS, allowing the user to run business everywhere, using mobile devices.

    Features offered by FreshBooks

    • Automated late payment reminders to customers whenever a payment is delayed.
    • Time tracking feature to calculate working hours and accurate billing in the invoice.
    • Easy collaboration with clients and teams with project management features.
    • A robust dashboard that gives a quick overview of your business performance.
    • Automatic smart mobile scanning helps you to scan the bills and capture the transaction so that you do not need to enter manually.
    • Connect all your bank accounts and credit cards in one place and it will automatically import the expenses to avoid manual entry.
    • Cloud storage is available to store all the receipts online.
    • Loaded with all the basic accounting features like double-entry accounting, balance sheet, trial balance, chart of accounts, and much more.

    Pros:

    • Mobile app is available
    • Automated payments
    • Automated bank reconciliation
    • Excellent support
    • Interactive interface
    • Automatic tax calculation

    Cons:

    • Doesn’t generate tax reports
    • Software crashes sometimes

    Pricing Plans

    FreshBooks offers a 30-day Free Trial. And, paid plan details are given below:

    Plan Customer Price
    Lite 5 $4.5/month or $130.50/year (10% off)
    Plus 50 $9.00/month or $261.00/year (10% off)
    Premium Unlimited Billable Clients $16.50/month or $478.50/year (10% off)
    Select Unlimited Billable Clients Custom Pricing


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    QuickBooks Enterprise

    Rating 4.5/5
    Best For Small to Mid-Sized Product-Based Businesses
    Deployment Cloud, SaaS, Web-Based, Desktop (Mac, Windows), On-Premise (Windows, Linux)

    QuickBooks Enterprise – accounting and business management solution

    QuickBooks Enterprise is an end-to-end accounting and business management solution to cater to the needs of high-growth businesses. The platform offers a robust set of functionalities that keeps the user or the firm at the best of their finances. One can get access to sales and customer management and also gets to handle the invoices easily. QuickBooks Enterprise offers a fully integrated solution and can support up to 40 users, plus offers more than 200 3rd party integrations, automated reporting, user-friendly interface to deliver greater functionality.

    Features offered by QuickBooks Enterprise

    • Personalized insights into reports such as profit and loss, balance sheet, trial balance, chart of accounts, and much more.
    • Every transaction is automatically categorized in an organized manner.
    • Customize your invoice that conveys your brand image by adding a logo and brand color.
    • Real-time alert of the invoice, when it is viewed and paid.
    • It empowers your customer to pay the invoice amount by setting up a payment button.
    • The split-up payment feature enables you to charge a client based on the progress of the project.
    • Automated expense categorization by connecting bank accounts, credit cards, square, and PayPal into QuickBooks.
    • Resources like articles, video tutorials, webinars, and online communities are available to enhance your knowledge to use the software effectively.

    Pros:

    • Automated payment reminder
    • Mobile app is available
    • Custom access to multiple users
    • MailChimp and third-party integration
    • Excellent support
    • 30-day free trial

    Cons:

    • Payroll plans at additional cost
    • Complex pricing structure
    • Limitation on the number of users

    Pricing Plans

    QuickBooks Enterprise has three paid plans, Gold, Platinum, and Diamond, each plan offers a free product tour. Pricing details of each plan are given below:

    Plan Price
    Gold $1740/year
    Platinum $2140/year
    Diamond $4200/year


    Start Using QuickBooks Now

    Invoice Quickly

    Rating 4.2/5
    Best For Small Businesses, Freelancers and Agency Owners
    Deployment Cloud, SaaS, Web-Based

    Invoice Quickly – online invoicing software

    Invoice Quickly is an online invoicing software solution designed to help entrepreneurs, freelancers, business owners, and other professionals manage their billing. It allows the user to create invoice templates and then download them later as PDFs. With Invoice Quickly, you can customize the invoices with a log, indicating the client’s and also the user’s personal information, setting the currency, and including the product’s or service’s description, along with the bill. It is a very easy software to use as one has to spend less time on paperwork and spreadsheets while creating invoices or bills.

    Features offered by Invoice Quickly

    • The customizable invoice with automated payment reminder, due date setup, and integrated payment.
    • Professionally designed estimate templates that can be easily customized.
    • Ability to convert the approved quotes into invoices in a single click.
    • Facility to attach important files and documents in estimates.
    • Recurring invoice feature that automates the process of billing.
    • Email templates that are customizable based on your brand image.

    Pros:

    • Automatic tax calculation
    • Expense categorization
    • Sharable link to view estimates online
    • Mobile app is available
    • 256-bit SSL encryption security
    • 30-day free trial
    • Easy-to-use interface

    Cons:

    • Lack of video tutorials to use the app
    • Fewer integration options

    Pricing Plans

    Invoice Quickly offers a Free plan and has two pricing plans which are Pro Plan and Premium Plan. Pricing details of each plan are given below:

    Plan Clients Price
    Pro 15 $10/month or $99.99/year
    Premium Unlimited $20/month or $200/year

    Wave

    Rating 4.4/5
    Best For Easy and Free Invoicing Software
    Deployment Cloud, SaaS, Web-Based, Mobile (Android, iPhone)

    Wave – Invoice Generator

    Wave is a 100% free invoice generator that aims to support small business owners. It is an award-winning financial software specially designed for entrepreneurs, it is one of the most useful invoicing and accounting tools for small businesses and also freelancers. As a cloud-based software, it helps to generate and send out invoices, generate reports about your finances, perform accounting, payroll checks, track receipts, scan receipts, etc. Wave is totally free and can be used for an unlimited number of users, guest collaborators, and income & expense tracking.

    How to Create and Invoice in Wave Accounting

    Features offered by Wave

    • Easy switch between manual billing and automatic billing based on your need.
    • Auto sync of all the invoices and payments made through the software.
    • Easy tracking of payments to automate the process and build a healthy customer experience.
    • Notification alert of every viewed, opened and paid invoice.
    • Web-based software, so that you can access it anywhere, anytime with an internet connection and browser.
    • Facility to automate the whole billing journey with the help of invoice recurring features.
    • Intuitive dashboard that gives a quick insight into the business finances.

    Pros:

    • Personalized help from wave advisors
    • Invoicing, accounting, and banking are 100% free
    • Simple and easy-to-use interface
    • 256-bit SSL encryption to ensure safety
    • Mobile app available
    • 30-day free trial on paid features

    Cons:

    • The software is glitchy sometimes
    • PayPal import was abandoned

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    Xero

    Rating 4.4/5
    Best For Accountants and Bookkeepers
    Deployment Cloud, SaaS, Web-Based, Mobile (Android, iPhone, iPad)

    Xero – accounting software

    Xero is one of the leading names on the list of invoicing and accounting software designed for small business owners and accountants. Xero focuses on the customer experience and also it comes with a 30-day free trial version to check by the users. Their goal is to help small businesses thrive, offering a broad range of features designed with their success in mind. This tool provides 24/7 support and allows for unlimited users, helping you boost your business without wasting time. Xero allows you to quickly send bulk invoices to customers, saving you time. It’s interesting to note that you can be alerted when invoices are opened! Xero is easy to set up and comes with many features such as streamlined transactions, financial health monitoring, inventory management, and also a large number of useful integrations.

    Features offered by Xero

    • Professional-looking invoices with a pay now button to accept payment on the go.
    • Payment reminders to the customers before and after the due date.
    • Easy quote creation and seamless conversation into invoices when it is approved.
    • Feature to send multiple invoices by combining them into pdf and sending it via email.
    • Store and manage all your bills payable in a single place and set them on a priority basis.
    • Easy Integration with gusto to manage employees’ payroll through a single platform.
    • Varieties of reports are available to view and share the financial health of the business.

    Pros:

    • Easy-to-use interface
    • Mobile app available
    • Wide range of third-party integration
    • Multiple user collaboration
    • Hubdoc to capture data automatically
    • 30-day free trial
    • Inbuilt payment option in online invoice

    Cons:

    • Only online support is available via chat
    • Need to purchase payroll separately
    • Free plan is not available

    Pricing Plans

    Xero has three paid plans, Early, Growing, and Established. Pricing details of each plan are given below:

    Plan Price
    Early $13/month
    Growing $37/month
    Established $70/month

    Brightbook

    Rating 4.5/5
    Best For Creative Professionals and Companies
    Deployment Cloud, SaaS, Web-Based

    Brightbook – Free Billing and Invoicing Tool

    Brightbook is a cloud-based financial management and invoicing system that provides basic features. Brightbook allows managing the invoices and accounting for multiple companies and accounts, and most importantly it is Free. Brightbook allows the user to calculate profits and losses, generate tax reports, get insights into how much money the clients owe the user, and create and send professional-looking branded invoices for the clients. One can add multiple users and select who can see what, adding an extra addition to privacy and security. It allows the user to create invoices from the client’s quotes, once one receives a quote it can be converted into an invoice in just one click. The unique features of Brightbook make it one of the most valuable and popular tools for small businesses, startups, freelancers, contractors, etc.

    Features offered by Brightbook

    • Quotes to invoice conversion once approved by the client.
    • Multiple currencies to bill your client in their currency and seamlessly change the currency whenever you want.
    • Send an email to your client consisting of a bill, right from your dashboard.
    • PayPal integration to receive payments of the invoice.
    • Visual representation of bills and expenses with the tag of paid and unpaid.
    • Graphical charts that show the statistics of business cash flow.
    • All the data is stored on the cloud with bank-level encryption.

    Pros:

    • APIs Integration
    • Multiple user access
    • Quick Cash Flow insights
    • Budgeting and forecasting
    • Free to use

    Cons:

    • Confusing user interface
    • Only desktop app is available
    • No third-party integration

    InvoiceOcean

    Rating 4.9/5
    Best For Small businesses, entrepreneurs, freelancers and enterprises.
    Deployment Cloud, SaaS, Web-Based, Mobile(iPhone, iPad)

    InvoiceOcean – online invoicing software

    InvoiceOcean is online invoicing software that focuses on speed as one can create professional-looking and accurate invoices in just 30 seconds, making it a big-time savior. Once the invoice is generated, one can send the link within an e-mail to the client, directly via the software and then the client can view it online or can download it as a PDF. The software automates the creation of invoices by providing auto-completion based on the data that the user has entered and also adds pre-defined VAT rates, as one picks up a suitable rate.

    Features offered by InvoiceOcean

    • Billing in almost all major currencies and supports 29 different languages.
    • Automatically fills all the client information just by entering the client’s tax id.
    • Allow Multiple users to access the software with limited control.
    • Recurring invoices to the client on a specific date in a preset format.
    • The online payment button to each invoice empowers the customer to pay their bill seamlessly.
    • Wide range of financial reports with charts and graphs.
    • It supports all major world currencies and can also issue bilingual invoices.

    Pros:

    • 30-day free trial
    • User-friendly interface
    • Mobile app is also available
    • Integration with major payment and e-commerce sites
    • Knowledge base to help use the software efficiently

    Cons:

    • Poor support
    • Limit on number of users

    Pricing Plans

    InvoiceOcean has one free plan which is limited up to 3 invoices per month and three paid plans Basic, Professional, and Enterprise. The Professional plan is the most popular plan which offers unlimited invoices and estimates.

    Plan Customer Price
    Free 3 $0/month
    Basic Unlimited $7.2/month
    Professional Unlimited $14.40/month
    Enterprise Unlimited $25.60/month

    Logaster Invoice Generator

    Rating 3.4/5
    Best For Create Invoices Online Easily
    Deployment Cloud, SaaS, Web-Based, Mobile(iPhone, Android, iPad)

    Free Invoice Generator by Logaster

    Logaster is a European company that provides branding services to its clients. Their product list includes a Free invoice generator. Logaster’s Invoice Generator is an effective invoice generator. They provide very simple templates making it easy for people to create one. You can choose from multiple templates for your different needs. Logaster lets you easily customize the template and create unlimited Free invoices to send to your clients.

    Features offered by Logaster Invoice Generator

    • List of invoice templates to customize according to the brand image.
    • Inbuilt feature to create logo on the go and upload it to your invoice.
    • Easy to send invoices in the form of pdf.

    Pros:

    • Free of cost
    • Quick Invoice generation
    • Built-in logo generator

    Cons:

    • Features are limited to the invoice creation
    • Poor user interface

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    Invoice At Once

    Rating 4.5/5
    Best For Freelancers and Independent Workers
    Deployment NA

    Invoice At Once – Free Invoice Generator

    InvoiceAtOnce is a free invoice generator that allows users to create professional invoices quickly and easily. With InvoiceAtOnce, users can create invoices in a variety of formats, including PDF, Excel, and Word. The platform also offers customizable templates and the ability to add logos and other branding elements to invoices.

    One of the key features of InvoiceAtOnce is its simplicity. The platform has a user-friendly interface that makes it easy for users to create invoices with just a few clicks. Users can enter their business details, add line items and taxes, and choose from a range of payment options. InvoiceAtOnce also allows users to send invoices directly to their clients via email, making it easy to get paid quickly.

    Features offered by Invoice At Once

    • Template customization by uploading the company’s logo and changing the color.
    • Easy to create an invoice just by filling the basic details.
    • Simple to download and email the invoice in a single click.

    Pros:

    • 100% free to use
    • Option to choose currency and font

    Cons:

    • No additional features except generating invoices
    • Poor interface and irritating ads
    • No support

    Tipalti

    Rating 4.7/5
    Best For Companies with Complexities
    Deployment Cloud, SaaS, Web-Based, Desktop (Windows, Mac, Linux), Mobile (Android, iPhone, iPad)

    Tipalti Accounts Payables Automation Solution

    Tipalti provides a unified cloud platform that automates the majority of your global payables operations, allowing you to drastically reduce the amount of time spent managing supplier payments. It is another popular platform for billing and invoice alternatives that works for best-in-breed financial management practices to keep the business in the customers’ loop. Tipalti is known for tackling problems such as late payments, administrative overload, non-compliance, etc. The software allows for streamlining the way users make payments to customers, partners, vendors, and all other people affiliated across 190 countries across the world, making it a popular platform to use for invoicing and billing. Tipalti provides payment automation, a supplier management portal, simplified management, a KPMG-certified app, etc.

    Features offered by Tipalti

    • It provides the flexibility to suppliers to upload the bill via email or your portal.
    • Optical character recognition technology automatically captures data from invoices to avoid manual work.
    • Ability to make payments of multiple invoices by making a group of invoices.
    • 6 payment methods to send money in 120 currencies.
    • Consolidated reports of different financial statements in one place

    Pros:

    • Fraud detection
    • Easy integration with accounting and ERP tools
    • Drag and drop interface
    • Instant payment reconciliation

    Cons:

    • Features are complex to understand for beginners.
    • No free trial.

    Pricing Plans

    Plan Price
    Tipalti Express $149/month


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    Conclusion

    Using billing and invoicing software can be a valuable investment for businesses of all sizes. It can help streamline billing and invoicing processes, improve accuracy, facilitate expense tracking, and enhance the professional appearance of the business.

    There are many different billing and invoicing software options available, so it’s important to choose one that meets the needs of your business. Some things to consider when choosing billing and invoicing software include the price, the features offered, and the level of integration with other business tools (such as accounting software). By carefully evaluating the options available and selecting the right software for their needs, businesses can effectively manage their billing and invoicing and save time and resources in the process.

    FAQs

    What is billing and invoicing software?

    Billing and invoicing software is a tool that helps businesses create and send invoices, as well as track payments and expenses. It can be used to automate many of the tasks associated with billing and invoicing, saving time and improving efficiency.

    Why are billing and invoicing software important for businesses?

    Billing and invoicing software can help businesses streamline their billing and invoicing processes, reducing the time and effort required to manage these tasks. It can also improve the accuracy of invoices and enhance the professional appearance of the business.

    What should I consider when choosing billing and invoicing software?

    When choosing billing and invoicing software, you should consider the price, the features offered, and the level of integration with other business tools (such as accounting software). You should also consider the specific needs of your business and choose software that meets those needs.

    Are there any free billing and invoicing software options available?

    Yes, there are some free billing and invoicing software options available. However, these may have limited features and may not be suitable for all businesses. It is important to carefully evaluate the options and choose the software that best meets the needs of your business.

    Can billing and invoicing software be used for businesses of all sizes?

    Yes, billing and invoicing software can be used by businesses of all sizes, from small startups to large enterprises. There are many different options available, so businesses can choose the software that best meets their needs.

    What are some of the best Software for invoicing?

    For small businesses, Wave Invoicing, Zoho Books, and Simplybill are the best options available, while Scoro, FreshBooks and Sage provide comprehensive solutions for larger enterprises.

  • 13 Best Free Bookkeeping and Accounting Software for Businesses

    Business owners today like to keep most of their data on digital storage units, and rightly so. There are so many benefits of storing data on the cloud such as availability, backup, and retention. Similarly, business owners these days also like to have a digital bookkeeping and accounting system, to make the job effortless and more efficient than traditional methods.

    Owing to the many advantages of bookkeeping software, Business owners are in constant search of the perfect tool, tailored to their needs, which can best handle and adapt to their accounting system. Since there are several free open source bookkeeping and accounting software options available to help you stay organized and on top of your finances, this search might prove to be exhausting. However, to make this software hunt effortless, here we discuss the best free accounting and bookkeeping softwares for businesses most recognized by the industry, so you can choose the one that suits your business.

    Best Free Accounting Software

    Steps to Choose A Free Accounting Software

    Choosing the right free accounting software is an important decision for any business. It can help you track your financial transactions, prepare tax returns, and make informed decisions about your business. With so many options available, it can be overwhelming to determine which free software is best for your needs. In this step-by-step guide, we’ll walk you through the process of selecting the right free accounting software for your business.

    • Step 1: The first step in selecting the free accounting software is to determine your specific needs. Consider the size of your business, and features you may need, such as inventory management or invoicing.
    • Step 2: Once you have a clear idea of your needs, it’s time to research your options. Choose the above-mentioned list of tools and visit the pricing plan section on the company’s website and browse the features provided in the free plan.
    • Step 3: Chat with customer support and ask all the questions which are in your mind. Narrow down the options that best suit your needs.
    • Step 4: Once you have narrowed down your options, it’s a good idea to test out the software to see how it works in practice. Try out the software and see if it meets your needs.
    • Step 5: After researching your options and testing out the software, it’s time to make a decision. Consider the features, user interface, and integration capabilities of each software, and choose the one that best meets your needs.

    When to Upgrade from Free Accounting and Bookkeeping Software

    If you’re currently using free accounting and bookkeeping software, you may be wondering if and when it’s time to upgrade to a paid version. Here are a few things to consider when making this decision.

    • Business size: Small businesses have less complex financial structures compared to large-size businesses. Hence, if your business starts growing and it seems difficult to manage everything with the basic features available in the free plan, then you consider upgrading the plan.
    • Features: Free software often has limited features compared to paid versions. If you need specific features such as inventory management, project tracking, or advanced reporting, you may need to upgrade to paid software.
    • Budget: Budget is one of the main factors to consider when deciding whether to upgrade from free software is your budget. While paid software can come with a higher upfront cost, it may save you time and effort in the long run, and ultimately, be more cost-effective for your business.
    • Support: With free software, you may not have access to the same level of support as you would with a paid version. If you rely on timely support and assistance with your accounting and bookkeeping tasks, paid software might be a better choice.

    Best Free Bookkeeping and Accounting Softwares For Businesses

    1. Zoho Books
    2. Xero
    3. Akaunting
    4. Wave Accounting
    5. Lendio
    6. Zipbooks
    7. Manager.io
    8. GnuCash
    9. CloudBooks
    10. Brightbook
    11. Vyapar
    12. Sleek Bill
    13. Realbooks

    Zoho Books

    Rating 4.4/5
    Best For Scaling Businesses
    Deployment Cloud, SaaS, Web-Based, Desktop (Mac and Windows), Mobile (Android, iPhone, iPad)
    Zoho Books Free Accounting Software

    Zoho Books is a cloud-based accounting solution that enables you to effortlessly track cash flow in and out of your business. Keep track of your customers, invoices, and expenses to ensure efficiency. Keep track of your banking transactions, collaborate with your accountant in real time, and reconcile bank accounts. Above all, Zoho Books aids you in making decisions with greater accuracy and keeping track of your business.

    Zoho books is loaded with all the essential functionality of bookkeeping software, it provides seamless integration with 50+ Zoho software. Integrating other Zoho apps and syncing data into Zoho books as per the requirement of the business is very easy. Moreover, its powerful and robust automation tool helps to eliminate repetitive tasks of business.

    Features Offered by Zoho books

    • Vendor portal allows your vendors to manage their business transactions, invoices, and payments. Through this portal, vendors can create invoices, and you can store those invoices as bills for your records. Vendors can also see all their transactions related to you in one place.
    • Give access to the software to your employees based on the different roles they do for you. Restrict them from customizing everything by limiting their access to any specific portion.
    • Manage your project and count every working minute to bill your client accordingly with the time-tracking feature of Zoho. Convert your billable minute to invoice in one click and send it to your client for payment.
    • Connecting your bank account to your Zoho account will help to fetch all your business banking transactions to your Zoho banking dashboard.
    • Leverage the access of multiple payment gateways to accept payment. You can also collect payments on a recurring basis.

    Pros:

    • Free plan available
    • 50+ Zoho app integration
    • User-friendly interface
    • Advanced reporting and analytics
    • Customizable invoices
    • Excellent customer support

    Cons:

    • Poor automatic matching
    • Weekly comments are not allowed
    • Restriction on the number of users


    Try ZOHO Books For Free

    Xero

    Rating 4.4/5
    Best For All small and medium sized businesses and accounting & bookkeeping practices.
    Deployment Cloud, SaaS, Web-Based, Mobile (Android, iPhone, iPad)
    Xero – Free Accounting Software

    This award-winning accounting program has been designed especially for small business owners and accountants to use online. Accessible from any device that has an internet connection. Xero is committed to providing an effortless accounting experience with its effective accounting software. It has more than 3 million subscribers worldwide who trust Xero. Day-to-day business compliance with zero errors has never been easy, but with Xero, it is possible to investigate financial documents in no time.

    How To Use XERO – Accounting Software Tutorial for Small Business

    Features Offered by Xero

    • Scheduling the most important accounting work is the most influential feature of Xero. You can create a working paper using trial balance information on Xero and assign it to your staff to work on.
    • Capture your data automatically to your Xero account using hub doc. Now there is no need to waste your time by entering data manually. Just take photos, scan them, and upload them to Xero.
    • Multi-currency accounting in 160 currencies to pay and get paid. Only a few accounting software provide currency conversion to this extent with rate change updates.
    • Show your business professionally by utilizing the benefit of online quotes from Xero. Create a quote, send it to clients, wait for approval, and once approved change it to an invoice in a single click.
    • Record, update, and manage your assets and liabilities in one place and access anywhere using the internet.

    Pros:

    • Easy-to-use interface
    • Mobile app available
    • Wide range of third-party integration
    • Multiple user collaboration
    • Hubdoc to capture data automatically
    • 30-day free trial
    • Inbuilt payment option in online invoice

    Cons:

    • Only online support is available via chat
    • Need to purchase payroll separately
    • Free plan is not available
    • Lack of graphic chart of reports

    Akaunting

    Rating 4.0/5
    Best For Businesses Looking for a Truly One-Stop Free Accounting Software
    Deployment Cloud, SaaS, Web-Based, On-Premise (Windows, Linux)
    Akaunting Free Bookkeeping Software

    Akaunting is the best free open source accounting software developed to help small businesses manage their finances and maintain their financial stability. Simplifying invoicing, setting up online payments, and managing expenses is easier than ever. It helps you view all your financials from any device and location, with an open-source system, which also ensures the safety of your data and finances. Akaunting offers tools for cash flow, invoicing, reporting, and transaction categories, along with a client portal to accept bulk payments.

    Features Offered by Akaunting

    • Akaunting allows you to remotely view your financials from any device and location without risking data loss or theft owing to its open-source accounting.
    • Manage customers by sending them invoices and accepting online payments, and setting authorization for entering client portals.
    • Assign bills and payments to vendors that you create and filter transactions, and manage finances with bills and accuracy.
    • Akaunting allows deposits and transfers between accounts to keep an active account balance, and seamlessly manage taxes with convenient names, for specific products.
    • Add unlimited bank accounts and deal in different currencies and convert the balance to your currency.

    Pros:

    • Free forever plan available
    • 50+ app integration
    • Easy invoicing with a client portal
    • Simple interface
    • Lifetime free updates
    • Financial Reporting and easy bank reconciliation
    • Can be installed on your self-hosting

    Cons:

    • Some customers experienced poor support
    • No mobile application

    Wave Accounting

    Rating 4.4/5
    Best For Sole Proprietors and Small Businesses
    Deployment Cloud, SaaS, Web-Based, Mobile (Android, iPhone)
    Wave – Free Accounting Software for Small Businesses

    Wave Accounting provides completely free, open source, accurate double-entry bookkeeping for small businesses. Wave is a cloud-based application, enabling you to access your data from anywhere, add multiple collaborators and manage all aspects of your business with one login. With Wave, you can avoid tedious data-entry while getting easy access to financial reports and reclaim valuable time for the things you love doing. Seamless integration of your accounting with invoicing, receipt scanning, payment processing and payroll is possible with this tool.

    It helps you manage, make, and move your money digitally. It helps you organize your income and expenses, and track monetary advances such as payrolls and invoices. Wave also lets you create professional invoices with its Invoice Software, with some advanced features. Moreover, Wave allows you to scan receipts anytime and anywhere with just your mobile phone.

    Features Offered by Wave

    • Wave allows you to set up credit card payments and switch between automatic and manual payments. Wave sends an invoice or an email receipt accordingly.
    • You can also customize your invoices for recurring payments and schedule them for any frequency and time.
    • Wave offers customizable invoice templates to bill your clients for any services and add details for the clients to know what they are paying for.
    • Build invoices in Google Docs, Sheets, Word, PDF, and Excel format, and useful tips by customers for better interactions with them.
    • Wave also offers a smart dashboard and unlimited accounting and invoicing and syncing accounting records.

    Pros:

    • User-friendly dashboard
    • Personalized help from wave advisors
    • Invoicing, accounting, and banking are 100% free
    • 30-day free trial on paid features
    • 256-bit SSL encryption to ensure safety
    • iOS and Android apps available

    Cons:

    • The software is glitchy sometimes
    • PayPal import was abandoned
    • Advisors’ plans are costly

    Lendio

    Rating 4.5/5
    Best For Small Businesses Looking for a Bookkeeping Solution
    Deployment Cloud, SaaS, Web-Based, Mobile (Android, iPhone)
    Lendio – Cloud-Based Cashflow Software

    Lendio is a cloud-based financial software that helps you with accounting, taxation, document preparation, expense tracking and more. Lendio is backed with multiple data centres and encryption, which provides top-notch security to all your financial data. Its beautiful and easy-to-interact user interface has made bookkeeping simpler. The automatic expense tracking feature of Lendio is a differentiating factor from other accounting software, which allows users to track all their expenses automatically.

    Features Offered by Lendio

    • Powerful dashboard equipped with all the financial statistics of business in one single interface. This feature will help you analyze your business condition at a glance.
    • Hassle-free discount and refund processing feature to speed up your accounting work.
    • Data security is the key feature of Lendio and it allows you to export all your financial data from the cloud to your desktop in a matter of seconds.
    • The financial forecasting tool of Lendio helps you to do an in-depth cash flow analysis for better-taking business decisions.
    • Focus on your business and forget about preparing tax documents because the Lendio tax assist feature will do all this work for you based on your financial reports. The tax estimator of Lendio forecasts the estimated advance tax which you need to pay, this helps you to plan for your tax filing decisions.

    Pros:

    • Completely free to use
    • Best of small businesses
    • Automatic expense tracking
    • Easy-to-use interface
    • Integration with Gusto for payroll management
    • Expense auto-categorization
    • Stripe, PayPal, and Square integration for payments

    Cons:

    • Doesn’t offer a lot of integration
    • Difficult to input expenses

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    Zipbooks

    Rating 4.5/5
    Best For Small Businesses Looking to Upgrade From Spreadsheets
    Deployment Cloud, SaaS, Web-Based, Mobile (iPhone, iPad)
    Zipbooks Free Accounting Software

    Another top free open source accounting software designed for small businesses, independent contractors, and accounting professionals to consider is ZipBooks. Zipbooks is a simple and robust accounting software which offers you the tools to enhance your bookkeeping. It allows you to create professional invoices and get paid seamlessly with automated payment reminders, offers you smarter reporting and simple reconciliation with auto-categorization, as well as insights to retain the most loyal and profitable customers.

    How To Use ZipBooks

    Features Offered by Zipbooks

    • Store immaculate accounting records and keep track of what you owe and who owes you, and with the help of smart feedback, know how much the revenue actually is.
    • Zipbooks lets you get paid the way you want. It accepts payments from credit cards to automated billing.
    • Calculate and record employee payouts, equipment expenses and other costs for running your business seamlessly.
    • Expense management is made easy with Zipbooks with the help of billable expenses, save receipts, and split categories.
    • Zipbooks offers data-driven intelligence and smart features to help retain customers and make faster payments.

    Pros:

    • Intelligent feedback to improve day-to-day operations
    • Transaction tagging for easy accessibility
    • Simple and modern UI/UX
    • Free plan is available with basic accounting features
    • Free trial to test the features of a paid plan
    • Advanced smart search
    • Business health score to gauge the business growth
    • iOS and Android App available

    Cons:

    • Limited integration options
    • Weak customer support

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    an accounting startup), you probably look at accounting a…


    Manager.io

    Rating 4.8/5
    Best For Easy to use software for small businesses
    Deployment Cloud, SaaS, Web-Based, Desktop (Mac, Windows), On-Premise (Linux, Windows)
    Manager.io Bookkeeping Software for Small Businesses

    Manager.io is a free, full-featured accounting software designed for small businesses. This software provides key accounting functions, tax features and data entry automation that simplify accounting processes. This software is simple to use. With no prior knowledge required, you can become familiar with it quickly.

    Manegar.io bookkeeping software comes with three editions: desktop edition, cloud edition, and server edition. Cloud edition and server edition are paid ones that store all your data on the cloud which you can access remotely from anywhere. The server edition will provide a dedicated server for your data which you can customize to increase security. But, since we are talking about free software, the desktop edition is best for small businesses for accounting.

    Features Offered by Manager.io

    • The desktop edition provides all the essential features of basic accounting software completely free forever.
    • The free edition has all the accounting features but still migrating from the desktop edition to the cloud edition or server edition is a game of jokes. You can export all your data easily and import it to the cloud edition.
    • Dedicated forum to raise your concern related to software issues. The Manegar.io team is eager to solve your problem and release the software update as soon as they fix the problem.

    Pros:

    • Desktop edition is completely free
    • Bank reconciliation
    • Multi-currency access
    • Integrated payroll management
    • Can easily be set up on your own server

    Cons:

    • The interface is not user friendly
    • Cloud and server editions cost you higher money
    • Mobile app is not available

    GnuCash

    Rating 4.5/5
    Best For Free Accounting Software for small businesses all around the world
    Deployment Desktop(Mac,Windows), On-Premise (Windows,Linux)
    GnuCash – Free Accounting Software

    GnuCash is a powerful and reliable bookkeeping tool for anyone looking to take control of their finances. It is a free and open-source software package that allows users to manage all their accounting needs. Loaded with essential accounting features like double-entry accounting, profit and loss, and balance sheet, it makes accounting affordable for new businesses.

    Graphical report of accounting data empowers users to take a look at business performance. Since it is open-source software, it provides a proper installation guide to configure the software on your system. Windows, Mac OS, and Linux are the operating systems that support the software effectively.

    Features offered by Guncash

    • It has the ability to create custom reports and charts to track financial performance.
    • Support for double-entry accounting to ensure the accuracy and integrity of financial records.
    • The free and open-source software that supports multiple platforms, including Windows, macOS, and Linux
    • Ability to track exchange rates and convert between currencies, and also supports multiple currencies.
    • Customer and vendor tracking features simplify the task of business management.
    • Facility to customize the appearance of the interface in multiple ways.

    GnuCash Demo

    Pros:

    • Payroll management
    • Available in 58 different languages
    • Account reconciliation
    • Completely free to use
    • Double-entry accounting system
    • Stock and mutual fund tracking

    Cons:

    • Confusing UI, not suitable for beginners
    • Lack of customer support
    • No mobile app and cloud-based access

    CloudBooks

    Rating 3.5/5
    Best For Online Invoicing Software for Freelancers and Small Businesses
    Deployment Cloud, SaaS, Web-Based
    CloudBooks – Online Invoicing Software

    CloudBooks is a free accounting, invoice creation, and management software is trusted by small businesses all around the world. It is ideal for quickly creating and sending invoices online, so you can get paid faster. CloudBooks enables you to monitor time worked, generate invoices and estimates, and receive payments. It helps users manage invoices, expenses, and projects for SMEs as well as freelancers. Moreover, you can send automated payment reminders, accept faster payments, and offer your clients a professional experience like never before.

    Features Offered by CloudBooks

    • Invoicing is made custom with tools which help you to brand, control, and accept recurring payments, all in one place.
    • CloudBooks’ project management allows you to manage teams and communications, for seamless project management.
    • Track your employees’ working hours and know where your time is majorly spent.
    • CloudBooks also allows you to track expenses and ensure they are spent wisely. Also, record your expenses and attach receipts to view later.
    • Get comprehensive reports for an all-around view of your business with expenses, profit/loss, payments, and invoicing tasks.

    Pros:

    • Detailed reports and analytics
    • Pre-integration with stripe and PayPal
    • Free trial is available
    • Expense tracking in one place
    • Automatic invoice generation for tracked hours
    • Excellent support
    • Easy-to-use interface

    Cons:

    • Limited accounting features
    • Mobile app is not available

    Best Accounting Software Options for SaaS Businesses
    It’s not easy to check through all of the SaaS accounting software options.
    There’s a lot of platforms to choose from across every operational aspect of
    your company. Onboarding each of them requires a ton of setup and spending the
    time to learn their nuances. Then, of course, there’s the cost of pu…


    Brightbook

    Rating 4.5/5
    Best For Web-Based Accounting Solution for Professionals and Freelancers
    Deployment Cloud, SaaS, Web-Based
    Brightbook Accounting Software

    Brightbook is an online accounting system designed to fulfill the requirements of freelancers, independent consultants, and small business owners, with great performance for the first two groups. This platform is capable of handling all your basic accounting work and provides many free features — like tools for invoicing, cash flow visibility, reports and financial statements — plus some features that require a one-off payment.

    Features Offered by Brightbook

    • Instant insight to keep your eye on how much you owe and how much you need to settle.
    • Track your business transaction by importing all the bank statements into your Brightbook account. This feature removes hurdles to looking into your bank statement frequently.
    • The company claims that data Security is as tight as banking security, and it adds an extra advantage to access the data online, using the Internet.

    Pros:

    • Integration APIs
    • Multiple user access
    • Quick Cash Flow insights
    • Budgeting and forecasting
    • Free to use

    Cons:

    • Confusing user interface
    • Only desktop app is available
    • No third-party integration

    Vyapar

    Rating 4.4/5
    Best For Small and Medium Indian Business Management
    Deployment Desktop (Windows), On-Premise (Windows), Mobile (Android)
    Vyapar Accounting Software

    Vyapar is a Business Accounting, Invoicing, and Inventory management app designed for small businesses. It allows you to create invoices and estimates, accept payments, manage your inventory and online store, and keep track of your clients. It is the perfect answer to all of your business accounting needs. Vyapar is the most lucrative accounting software with a bunch of features and has 1 crore+ happy customers. It stands out on top of modern-age accounting software because of its powerful and robust accounting mechanism. Its most highlighted feature is payment reminder which is capable enough to ensure timely payment from clients.

    Features Offered by Vyapar

    • 37+ business reports to help you understand the in-depth financial health of your business.
    • Varieties of themes are available to make the brand image of your business look professional in invoices.
    • Auto tracking of the due date for every order and sending payment reminders to ensure timely payment
    • Make your quotations very easily and send them to your potential customers via WhatsApp, email, or SMS in a few clicks. It also allows you to convert your approved quotation into an invoice very efficiently.
    • Track your consignment just by the details of the delivery challan created by Vyapar. Easily convert your delivery challan into an invoice once it reaches the customer.

    Pros:

    • Offline/Online billing
    • Intuitive interface
    • Multiple payment options
    • Priority support
    • Professional quotes and estimates
    • 15 days free trial on premium plans
    • Basic version mobile App is completely free to use

    Cons:

    • Live support is not available
    • Only works on a single system

    Sleek Bill

    Rating 4.6/5
    Best For Ideal billing tool for small businesses and freelancers
    Deployment Cloud, SaaS, Web-Based, Desktop (Mac, Windows)
    Sleek Bill Accounting Software

    Sleek Bill Online is a convenient cloud-based billing solution that you can use wherever you are, no matter what device you’re on. This amazing tool allows for real-time collaboration with team members and allows for the creation of invoices, proformas, quotes, or delivery notes across multiple devices.

    Sleek bill bookkeeping software has made invoicing and accounting effortless, even its tagline is “Invoicing made easy”. To remove the complexity of running and managing the business, Sleekbill software offers an easy-to-use interface, beautiful invoices and quick access to reports to cater to small and medium businesses.

    Features Offered by Sleek Bill

    • Proforma invoice maker to show your commitment towards your product to your purchaser.
    • Create invoices, debit notes, and credit notes seamlessly for a better supplier and customer experience.
    • Sleek bill uses TSL security encryption to ensure safe data transmission over the internet.
    • Multiple device accessibility with multiple users to manage the business accounts as a team.

    Pros:

    • Free forever plan is available with limited features
    • All the data is stored on the cloud
    • Easy inventory tracking
    • Professionally designed invoices
    • TSL security encryption

    Cons:

    • Mobile app is not available
    • Poor support with no live support

    Realbooks

    Rating 4.7/5
    Best For In-Depth Financial Analysis
    Deployment Cloud, SaaS, Web-Based, Mobile (Android)
    RealBooks, Accounting-Inventory Payroll Software

    RealBooks is a comprehensive cloud-based GST and VAT accounting system, designed to make life easier for businesses and accountants alike. It has plenty of features that make bookkeeping and payroll simpler. No matter your business size, its comprehensive feature list and its unique intelligence tools can help increase efficiency at every level.

    It offers the best GST compliance feature like GST automated calculation, which do all your GST-related work. Direct integration with the GST portal is a new characteristic that helps in creating e-invoices at no additional cost.

    Features Offered by Realbooks

    • Manage most of your accounting work anytime anywhere with its prominent mobile app. Create and share the invoice at your fingertip.
    • Single platform to manage accounts for your multiple business locations. All your remote locations can upload the documents and you can manage them from a single location.
    • Permit users at different business locations to use the software and get a consolidated report of all the branches.
    • Dropbox facility to upload bills directly to the cloud. It also offers unlimited storage space to ensure paperless accounting.
    • Fully customizable dashboard to provide strategic insights that are valuable for your business.

    Pros:

    • 256-bit encryption for high-level security
    • Mobile app is available
    • Free edition with all basic features
    • Easy compliance management
    • Automated bank reconciliation
    • Facility to upload bills via Dropbox
    • Unlimited users
    • Excellent support

    Cons:

    • Average user interface

    Conclusion

    Choosing the right bookkeeping and accounting software is essential for any business, as it helps to keep track of financial transactions and prepare financial reports. There are many free options available, each with their own unique features and capabilities.

    Ultimately, the best free bookkeeping and accounting software for your business will depend on your specific needs and budget. It’s important to carefully consider what features and capabilities are most important to your business and choose a software that meets those needs. With the right bookkeeping and accounting software, you can stay organized, on top of your finances, and focused on growing your business.


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    FAQs

    What is Bookkeeping Software?

    Bookkeeping software is a tool that helps businesses keep track of their financial transactions, including income, expenses, and profits. It can help with tasks such as invoicing, expense tracking, and generating financial reports.

    What are some best accounting software for small businesses?

    The best accounting software for small businesses will focus on being easy to use, simple, and low-cost. QuickBooks, FreshBooks, and Wave Accounting are leaders in small business accounting software.

    What are the benefits of accounting software?

    Some benefits of accounting software includes:

    • It is time saving free accounting software.
    • It produces key financial reports right away.
    • It links up all your financial information.
    • It ensures accuracy of the data.
    • It generates financial statements that look professional.

    What features should I look for in bookkeeping and accounting software?

    The features you should look for in bookkeeping and accounting software will depend on the size and needs of your business. Some common features to consider include invoicing, expense tracking, payroll, project management, double-entry accounting, and support for multiple currencies.

    Can I upgrade to a paid version of the bookkeeping and accounting software?

    Many free bookkeeping and accounting software options offer the option to upgrade to a paid version, which may offer additional features and support. It’s important to carefully consider your business needs and budget before deciding whether to upgrade.

    Is bookkeeping software difficult to use?

    Bookkeeping software can vary in terms of complexity and user-friendliness. Some options are designed for small businesses and are easy to use, while others may be more suitable for larger businesses and require more advanced accounting knowledge.

    Do I need accounting software for my small business?

    Whether or not you need accounting software for your small business depends on the size and complexity of your business, as well as your personal preferences and skills.

    Is free accounting software secure?

    Free accounting software can be just as secure as paid software, as long as you take appropriate precautions to protect your data including using a strong password, keep your software and operating system up to date, using a firewall and antivirus, etc.


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