February 18, 2025
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Technology

10 Invoice Processing Automation Software: Key Features & Price

10 Best Invoice Processing Automation Software in 2024

Utilizing advanced digital strategies is crucial for businesses in today’s world. While performing every operation, it is also crucial to digitize invoice processing. Many companies look for modern solutions to enhance their invoicing through automation Invoice Processing Automation Software.

But that’s not possible without high-performing automated invoice processing software. No doubt, the market pool is flooded with numerous pieces of software. However, it’s important to select the one that provides a comprehensive solution for your accounting needs.

Here, we introduce you to the top 10 invoicing software committed to simplifying your work from receipt generation to final invoicing.

Ten Invoicing Softwares to Consider in 2024

1 Moon Invoice

Founded in 2011, Moon Invoice is an Indian-based invoicing software, offering a smart approach to invoicing. It simplifies the work by offering 66+ customized invoice templates. Moreover, these templates are easily available in Google Sheets, Google Docs, MS Word, MS Excel, and PDF.

Moon Invoice provides a free invoice generator which is easy for anyone to access, thanks to its user-friendly interface and straightforward navigation. Besides invoicing, the software is suitable for generating receipts, delivery challans, proforma invoices, bills, estimates, and reports. Moon Invoice is also a good purchase order generator.

Key Highlights

Multi-language Support – Moon Invoice offers 12+ international language support. This makes this software a global platform for invoicing processes.

Duplicate – A user can duplicate an invoice as an invoice, as an estimate, perform an invoice, credit note, and purchase order.

Marking – Effortlessly mark your invoice as paid, sent, or void

Signature Request – Easily send a signature request to your client to make a signature with a few clicks.

Easy Sharing – Users can send the complete invoice through WhatsApp or Email.

Activity Log – Have an eye on every activity performed by you or your team. It’s an easy way to check your progress on every action.

Multi-currencies Support – Moon Invoice supports 100+ currencies. That makes international trading simple.

Customer Support – Customers have access to 24/7 support through chat and email.

Payment Integrations – Supporting 15+ payment gateways to make payment super easy for clients around the world. No payment processing fees are applicable.

Price

  • Bronze – $7.99/month
  • Silver – $9.99/month
  • Gold – $14.99/month
  • Platinum – $64.99/month

2 QuickBooks

This cloud-based invoicing software offers the best Invoice Processing Automation Software. QuickBooks is an ideal invoice processing application for small to mid-sized businesses. It offers automation from invoice generation to sending. Moreover, the software offers a centralized dashboard to manage the invoicing process with little effort.

Key Highlights

  • Invoice tracking
  • Payment reminders
  • Supporting multiple payment options
  • Automatic bank reconciliation

Price

  • Simple Start – $9 per month
  • Essentials – $14 per month
  • Plus – $20 per month
  • Advanced – $38 per month

3 FreshBooks

FreshBooks is another popular name on the list of invoice processing automation. As a cloud-based application, it offers a satisfactory level of invoicing solution with other financial management features. This automated invoice processing software is perfect for small businesses and entrepreneurs.

Key Highlights

  • Easy invoicing
  • Project management
  • Payment reminders with automation
  • Receipt management
  • Tracking of expenses
  • Time tracking

Price

  • Lite plan – $19 per month
  • Plus plan – $33 per month
  • Premium plan – $60 per month

4 Bill.com

Bill.com is another cloud-based invoice processing application that automates the process. It simplifies the invoicing operation while offering advanced features. It streamlines the AP process and offers a centralized dashboard for AP management.

Key Highlights

  • Multiple payment gateways include ACH, check, and virtual credit cards
  • Automated invoice process
  • Two-factor authentication
  • Software integration support with Xero and QuickBooks
  • Payment reconciliation with the automated concept

Price

  • Essentials – $19 per month
  • Team – $55 per month
  • Corporate – $79 per month

5 Xero

A cloud-based accounting platform offers a good Invoice Processing Automation Software. Additionally, it provides payment gateways and reconciliation for a more simple approach. Xero offers real-time business insights. Users can easily integrate with popular third-party applications.

Key Highlights

  • Multiple payment method integration
  • Real-time insight into invoice tracking
  • Automate invoice creation and sending
  • Security for a secured process

Price

  • Starter plan – $11 per month
  • Premium plan – $62 per month

6 Workday

Workday is cloud-based software and suitable for medium to large enterprises. It helps business owners streamline their work with automated features. Additionally, it offers proper security concepts and compliance features. Workday easily integrates with other business applications and professionals can perform all their tasks in one place.

Key Highlights

  • Integration with popular accounting software
  • Supporting multi-currency transactions
  • Competitive compliance tools
  • Time tracking
  • Customization

Price

  • Starting price – $99 per month

7 Zoho Invoice

Zoho Invoice is an affordable invoicing software. Professionals can use this invoice generator efficiently. Like other software, it also offers customized invoice templates. The platform covers necessary features to make a simple approach to invoicing. Zoho Invoice also offers automation for invoicing and recurring billing Invoice Processing Automation Software.

Key Highlights

  • Multiple payment integrations like PayPal, Square, and Stripe
  • Integration with Zoho Apps
  • Project management
  • Tracking of time
  • Customized templates to create professional invoice

Price

  • Standard plan – $9 per month
  • Professional Plan – $29 per month

8 Docsumo

Docsumo is one of the best software when users need a data extraction solution. It doesn’t matter which layout the invoice is made in. This software extracts details with high accuracy from an invoice. It is a customizable and pre-trained invoice capture API. It enables the user to convert extracted data into CSV, JSON, and Excel.

Key Highlights

  • Data validation
  • OCR technology for intelligent data capture
  • Fraud detection feature in real-time
  • Validation of data
  • Cloud data protection
  • Integration with ERP systems

Price

  • Growth plan – $500 per month (starting price)
  • Business plan – contact to sales
  • Enterprise – contact to sales

9 ABBYY Flexicapture

ABBYY Flexicapture works as a document processing solution. It captures the data and converts the layout documents into business data for smooth operation. This software has fast processing and touchless processing. It helps in streamlining the business process while cutting down the cost.

Key Highlights

  • Verification of data
  • Imaging document
  • CRF tracking
  • Distributed capture

Price

  • Starting price – $29.99 per month (for 500 pages)

10 Hubspot Payment

With its user-friendly interface, it assists users in performing smooth operations. It easily integrates into HubSpot stores. It allows business professionals to collect payment through invoice in one time and recurring payment form. A user can perform customizable checkouts.

Key Highlights

  • Seamless integration
  • Customizable checkout
  • Automated invoice process
  • Reporting and analytics
  • Offers a secured transaction

Price

  • Hubspot allows free starting. However, some processing fee might be applicable

Conclusion

Invoicing process automation changes the invoicing landscape of companies. Professionals seek the best invoice automation solution to upgrade their invoicing process. This enhances efficiency and increases overall productivity. Businesses can save precious time with proper automation. Lastly, choose the software after proper inspection while considering the business needs.