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Best Invoicing Software

Compare the best invoicing and billing software for businesses of all sizes.

1
FreshBooks

FreshBooks

Top Rated

Easy invoicing for small businesses and freelancers.

From $23/mo (Lite)
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2
QuickBooks

QuickBooks

Full accounting with powerful invoicing features.

From $38/mo (Simple Start)
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3
Zoho Invoice

Zoho Invoice

Free invoicing software with automation.

Free / $9/mo
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4
Wave

Wave

Invoicing and accounting with a free Starter plan.

Free (Starter) / $19/mo (Pro; $190/yr)
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5
Invoice Ninja

Invoice Ninja

Open-source invoicing platform.

Free / $10/mo
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By Misha Catalano, Founder & Lead Software AnalystLast reviewed 29 Jul 2026
Data verified 29 Jul 2026

What is Invoicing Software?

Invoicing software creates, sends, tracks, and manages invoices for businesses of all sizes. These platforms replace manual invoice creation with professional templates, automated recurring billing, online payment acceptance, and accounts receivable tracking. Modern invoicing tools go beyond basic bill generation — they include expense tracking, time tracking for service businesses, estimates and quotes that convert to invoices, and financial reporting. Payment integration with Stripe, PayPal, ACH transfers, and credit card processing enables customers to pay invoices online with one click. Automated payment reminders chase overdue invoices without manual follow-up. Multi-currency and multi-language support serves international businesses. For freelancers and small businesses, invoicing software often serves as a lightweight accounting solution handling the revenue side of financial management.

Key Features to Look For

Invoice Creation

Professional customizable templates with line items, taxes, discounts, and branding.

Online Payments

Accept credit cards, ACH, PayPal, and other payment methods directly from invoice links.

Recurring Billing

Automatic invoice generation and sending for subscription and retainer-based billing.

Payment Reminders

Automated email reminders for upcoming, due, and overdue invoices to reduce late payments.

Expense Tracking

Log business expenses, attach receipts, and categorize for tax and profitability tracking.

Financial Reports

Revenue reports, aging reports, tax summaries, and profit/loss statements.

How Much Does Invoicing Software Cost?

Wave invoicing is completely free. FreshBooks pricing is on the vendor cards on this page. QuickBooks Simple Start includes invoicing — verified pricing is on the vendor cards on this page. Zoho Invoice offers a free plan for up to 5 customers, paid from $9/month. Invoice Ninja is free for open-source, hosted from $10/month. PayPal invoicing is free (standard processing fees apply). HoneyBook offers monthly plans for creatives. Harvest starts at $11/month with time tracking. Most freelancers spend $0-$20/month.

Frequently Asked Questions

How We Evaluate Invoicing Software

VendorPick rankings are based on verified vendor pricing, transparent criteria, and feature analysis — never pay-to-play placements. Vendors cannot pay to influence their ranking or placement on our platform.

Every published price is read on the vendor's own pricing page and stored with its source URL and the date we verified it — no aggregator data, no estimates. When a vendor doesn't publish pricing, we say so; when we find a figure we can't source, we delete it rather than hedge it.

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