Top 10 Online Invoicing software

Latest news about Online Invoicing software

2021. Stampli, the invoice management platform, launches a digital card



Stampli, a SaaS company specializing in streamlining corporate invoice management, has recently introduced Stampli Card. The concept behind this initiative stems from the fact that certain corporations engage with vendors who exclusively accept or prefer credit card payments. This can result in what Stampli refers to as "shadow spend." Typically, when a corporation makes payments to a vendor through ACH, check, or a third-party payment service, strict rules and procedures govern the handling of invoices and payments. However, when a vendor requests credit card payment, the established processes can be disrupted. Consequently, the payment may end up being charged to an employee's corporate card or an alternative method without the same rigorous controls, leading to a breakdown in the system.


2021. Zoho Invoice is now free for SMBs



Zoho Invoice is now offering complete free access to small and medium-sized businesses. This decision reflects Zoho's strong dedication to empowering the SMB community. With Zoho Invoice becoming free, the developers are reinforcing their commitment to enhance user experience by investing in regular updates and new features. The ultimate goal is to streamline the invoicing process and make it as simple as possible for users.

2021. Upflow raises $15 million to manage your outstanding invoices



French startup Upflow has successfully secured a $15 million Series A funding round to support its mission of assisting with the retrieval of overdue payments. The company aims to enhance your cash cycle by optimizing the process of collecting payments from your customers. Upflow serves as a centralized platform where you can access all your invoices, monitor payments, collaborate with your team, and issue reminders. However, Upflow doesn't intend to replace your existing tools; instead, it has developed integrations with popular business solutions that you may already be using. For example, you can seamlessly connect your Upflow account with QuickBooks, Xero, Netsuite, Chargebee, and Stripe Billing. This integration allows you to charge your clients directly from your current invoicing platform. Upflow automatically imports your invoices, clients, and payments. Whenever a late payment is detected, Upflow notifies you, enabling you to initiate automated or personalized email communications.


2021. Stampli raises $50M to help companies intelligently manage invoices



Stampli, a software platform focused on streamlining corporate invoice management, has successfully raised $50 million in a Series C funding round. Stampli revolutionizes the handling of invoices by transforming each bill into a centralized communication hub, facilitating effective collaboration between finance personnel and other stakeholders involved in the purchasing process, including vendors. The platform employs machine learning to identify patterns related to cost allocation, streamline approval workflows, and extract relevant data from invoices. While historically payment-platform agnostic, Stampli introduced its own payment solution called Direct Pay in early 2020 to address specific challenges faced by accounting departments. This aligns with the prevailing trend among modern software companies, as they incorporate payment options into their services to generate additional revenue streams.


2019. Stampli raises $25M to bring AI to invoice management



Stampli, a company dedicated to streamlining invoice management through automation, has recently secured a Series B funding round of $25 million. One of the key challenges in invoice management is the disconnect between individuals within an organization who procure services and contract vendors and those responsible for handling the majority of paperwork. This often leads to the finance department having to chase down colleagues from other departments to resolve issues. However, with Stampli, the entire procure-to-pay process occurs within a collaborative software suite. Each invoice serves as a central communication hub, allowing employees from different departments to contribute information and address queries, thereby facilitating efficient payment processing. Additionally, Stampli leverages machine learning to identify patterns related to cost allocation, approval workflows, and data extraction from invoices within the organization.


2019. Online invoicing software Billie raised €30M


Billie, the Berlin-based startup specializing in B2B invoicing and payments, has secured €30 million in Series B funding. Positioned as Germany's foremost "one-stop shop" for managing outgoing invoices of B2B sellers, Billie offers a comprehensive suite of services including invoice generation, payment collection, and invoice financing. The company caters to a wide range of customers, including SMEs, large e-commerce entities, and multinational marketplaces. Currently, Billie provides two primary solutions. The first is a checkout financing option for B2B online stores, seamlessly integrating financing within the online checkout process. The second solution is SME invoice factoring, a fully automated platform that handles all outgoing invoices for small and medium-sized enterprises.


2015. Salesforce acquired quote-to-cash vendor SteelBrick



Salesforce has acquired the quote-to-cash provider, SteelBrick, in a deal worth $360 million. The quote-to-cash process encompasses the sales cycle after generating customer interest. While CRM tools like Salesforce.com and Microsoft Dynamics handle customer records, solutions like SteelBrick assist in creating quotes, finalizing contracts, and managing billing once a customer decides to make a purchase. It's important to mention that SteelBrick's offering includes invoicing through Invoice IT, a company acquired by SteelBrick and subsequently rebranded as SteelBrick Billing. This comprehensive solution aligns well with Salesforce App Cloud platform, enabling seamless integration with Salesforce CRM.


2015. Contact and quote management service Apttus raised $108M



Apttus, a quote-to-cash SaaS company that utilizes Salesforce.com as its foundation, recently disclosed a funding round of $108 million. Apttus offers software capable of managing quotes, contracts, and revenue. CFO Jeff Van Zanten asserts that while there are competitors specializing in certain aspects of this process, none can match the extensive range of services provided by his company. Apttus maintains a close association with Salesforce.com, not only due to substantial investment from Salesforce Ventures but also because Van Zanten emphasizes the collaborative nature of the two sales teams when working with clients. Apttus seamlessly integrates with Salesforce.com, bridging the gap in customer records where CRM functionalities end. Once activities such as quoting prices, contract signing, and payment collection come into play, Apttus assumes control.


2015. Freshbooks allowed to invoice clients faster



FreshBooks, the online accounting software, has introduced three enhancements to streamline your billing process. The addition of a search box at the top of the list allows you to quickly find specific clients by typing their names, ensuring that only relevant results are displayed. Creating a new client directly from the New Invoice screen is now more convenient as the "New Client" field is prominently positioned at the top of your client list, simplifying the process of adding new clients. Additionally, any updates made to a client's contact information, such as their address or phone number, will be instantly reflected on all unsent invoices for that client. Previously sent invoices will retain the original information by default, but you have the option to manually update them if necessary. This improvement eliminates the need for redundant data entry, which is particularly beneficial for efficiency-minded users.


2014. Zoho Invoice became available for Windows Surface and Windows Phone



The Windows phone and Windows Surface users can now access and utilize the Zoho Invoice app. With this app, users can efficiently manage their income and expenses, whether they are in the office or on the go. It offers the ability to create invoices within minutes and send them to clients with just a tap. Payments can be recorded as soon as the invoice is paid, ensuring accurate tracking. The app also simplifies the process of tracking reimbursable expenses. Users can conveniently add all their contacts using either a tablet or a phone. The Dashboard provides Quick Insights, offering valuable information at a glance. Additionally, time tracking for projects becomes effortless, allowing users to log the time spent on tasks or start a timer directly from their Windows Phone app.


2014. Square gets online invoicing feature



Square is renowned for its mobile merchant service, which enables the acceptance of bank cards. Presently, Square has introduced the capability to send invoices online via email. This service is offered free of charge, and Square does not generate any revenue when payments are made by check or in cash. However, if a payer opts to pay online using a credit card, Square will process the transaction and apply its standard 2.75 percent fee. Over the past few months, Square has incorporated numerous new features into its dashboard and core Register app based on customer feedback, including pre-ordering functionality.