91% of accountants believe that billing and invoicing software have increased their productivity.
Businesses having a good turnover are liable to audit under income tax and GST and must choose an appropriate billing software.
On the other hand, businesses that are not liable for audits can use invoicing software as well.
While there are several international software in the market, they are complex to use for Indian organizations and are generally costly.
Here are some of the hand-picked billing and invoicing software created especially for Indian businesses.
1. Refinebooks
Refinebooks is a leading cloud-based invoicing software. It boasts an easy-to-use interface and comes with a very clean layout.
You can check the date and time of each activity carried out in transactions and also check the number of users accessing these accounts.
Moreover, Refinebooks streamlines invoicing, adding logos, default notes, and bank information.
You can easily add inventory items and allocate GST rates and default sales-purchase prices.
Refinebooks reporting features are worth a try and let you generate reports with just a few clicks.
Pros
- File GST returns in one click
- Easy payment tracking
- Supports multiple users
- Reasonably priced
Cons
- Does not offer 24/7 support
Pricing
| 10 documents per month | 50 documents per month | 100 documents per month | 250 documents per month |
| Free | INR 499/ year | INR 1499/year | INR 2999/year |
2.Cleartax
Cleartax is a popular tax and invoicing software for SMEs.
It gives you multi-user login access, thus, allowing your tax consultants to remotely access the software anytime.
Despite multi-user access, Cleartax maintains complete confidentiality of your data with its access- control feature.
As an admin, you can assign rights for any of the accounts and report to the concerned user.
Pros
- Provides good invoice designs
- Good interface
- 24 x 7 phone and email support
Cons
- Costlier as compared to other software
- New users might face navigation issues
Pricing:
Quote-based
3.Vyapar
Vyapar is a robust billing and invoicing software designed for small and medium-sized businesses.
It helps you get access to accurate financial data and is available both online and offline.
Vyapar helps you get the complete visibility of your assets, liabilities, equity, and team performance. Thus, helping you plan your finances and fulfill business goals.
Pros
- Offers great mobile app features
- Reasonable priced
- Offers good invoice design layouts
- Automatic reminders and notification facility
Cons
- Desktop version can be confusing
Pricing
| Mobile | Desktop |
| INR 599/ year | INR 1,999/ year
|
4. Sleek Bill
Sleek bill is an ideal tool if you wish to expedite your invoicing process. You can even choose to personalize invoices with business colors.
The tool also ensures that you never run out of stock, even when you get caught up with work.
Moreover, Sleek bill provides you access to real-time information that can help you streamlines your billing and payment cycles.
Pros
- Good interface
- Reasonable pricing
Cons
- Confusing GST options
- Lack of options at some places
Pricing:
| Online | Offline |
| Free for 10 documents/ month then INR/ year | INR 1999/ month and Rs. 3199/ year for version with inventory |
Summing Up
Finance forms the core of any business. Streamlining and organizing it can work wonders for your organization.
These are some of the software that can help you simplify your invoicing and billing processes and get faster payments.
Moreover, all these vendors provide you with extensive demos so that you can analyze and then pick up the best solution.