Freelance invoice software: Benefits, features, and which should you choose?

To maintain the freedom and independence you love, you need to maintain a steady cash flow. In other words, keep the work coming in- and invoicing for it promptly. Be sure to include the quantity (e.g., hours worked, number of articles, etc.), the rate (hourly rate or flat fee), and the total amount for each service. Be clear about the due date so your clients know when payment is expected. If your client still doesn’t pay or doesn’t come up with a payment plan you’re satisfied with, gently but firmly remind them of the consequences of non-payment.

Do you bill for invoicing time?

If you’re using a tool like Moxie, you can create, save, and send invoices directly through the platform. Moxie also allows you to track invoice statuses, so you know when the client has viewed the invoice and when payment is made. This handy guide on invoicing will explain the type of invoices, what you need to include in an invoice, and invoicing mistakes to avoid. We’ve also included a freelancer invoice template that you can edit and use as a starting point. What makes Dubsado such a fascinating solution for business owners and freelancers alike is its ability to double as a project management tool and invoice application.

Chasing Invoices

But when you send an invoice, both tools let your customer pay you directly freelancers happy with new invoice either through ACH or credit card payments. Featuring an invoice generator, integrating your brand logo and guidelines to the clients and employees you’re either sending money to or sourcing funds from is easier than you think. Even more, you can create workflows to help you streamline the way you deal with your clients, making it more efficient for both you and the people you serve. Of course, its invoice features are pretty neat and intuitive too!

• Unless you have a knack for finances, you’ll want to have an accountant on retainer to do your taxes.
• Also, you might need flexibility with things like currency, tax rates, and due dates, especially if you work with international clients.
• Perfect for freelancers, self-employed professionals, and businesses with teams, FreshBooks offers a 30-day free trial to get you started with no risk.
• Invoicing software for freelancers like Invoicer.ai simplifies the process by automating invoice creation, sending, and tracking.
• Even if your answer to the question above was ‘accountant’, simplifying the billing process will leave you with more time to grow your business.

Square Invoices

Bonsai is a tool that instantly levels up the professional appearance of any freelancer. They have a bunch of custom contracts, pre-vetted by legal professionals, that you can quickly plug your details into. Quickbooks, owned by Intuit, is the OG of accounting and invoicing software. Out of CARES Act all of the options on our list, GrindKit has to be the easiest for freelancers to use. You can also connect your account with the payment solution Stripe, making it much easier to receive payments. One of the most pressing concerns for a lot of up-and-coming freelancers is how to bill clients.

• Intuit’s market-leading accounting software offers standalone Invoicing packages or integrated billing when you upgrade to QuickBooks Online Plus.
• Small business clients are notoriously slow payers, with over 80% paying freelancers late.
• They have both a web-based and a desktop version of their software.
• Automations streamline workflows while collaboration tools facilitate stakeholder access.
• As a freelancer, your ability to send professional invoices can significantly impact your business’s cash flow and client relationships.

How Moxie Can Help You with Invoicing

If you’re looking for a way to enhance your invoicing process, consider giving Bloom a try. See how our effective invoice solutions can support your business goals. Such tools automatically track payments, provide reminders on outstanding invoices, and can follow-up with clients to resolve any delays. This saves immense administrative workload over manual processing. Between somewhat rigid design functionality to limitations grouping certain client projects, Zoho requires heavy process orientation for smoothest adoption.

• It shows that you are professional and polite, leaving clients with a positive impression.
• Your financial information and that of your clients should be secure.
• You can always ask your clients to add a percentage to the bill if paying by particular methods (for example, PayPal).
• In this article, we’ll explore five of the best invoicing tools in 2024 to help you manage your freelance payments with ease and professionalism.
• Premium plans start at $24 per month and give you access to its complete suite of freelancer tools.

It is worth researching payment methods carefully as there may be hidden charges or conditions involved that make one or more methods non-viable for you. Some of the freelance websites use a system called Escrow, where the client pays the money upfront, and the website holds it until you both agree that the work is complete. Taking a deposit means that you have at least earned something if the client proves to be difficult and refuses payment. On the other hand, you are holding the client’s money, and what if they cancel and ask for it back again, or say that you have not delivered? For many, chasing up unpaid bills is so challenging that they might even just let a bill go unpaid rather than risk upsetting a client or getting into a confrontation.