11 Best Invoicing Software for Contractors in 2022

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The global e-invoicing industry has reached $8.74 billion in 2021. The industry is expected to grow by a CAGR of 21.5% from 2022 to 2027.

With the rise in the industry, it’s difficult to filter the best invoicing software for contractors to streamline their financial management and handle complex requirements.

But you don’t need to worry.

We have filtered the best 11 invoicing software based on multiple factors that can help you filter out one that can improve your invoicing process.

So, without further ado, let’s get started.

Quick Comparison Table for Best Invoicing Software

Logo Rating Pricing Plan
Most PreferredInvoiceOwl 5/5 Free 14-day trial
Pricing:
Growth

  • Monthly: $11.99/month
  • Yearly: $9.99/monthly, if subscribed for yearly plan

Champion

  • Monthly: $28.99/month
  • Yearly: $23.99/monthly, if subscribed for yearly plan
zoho book 4.5/5 Pricing:
Basic

  • $49/month billed annually

Standard

  • $99/month billed annually

Professional

  • $249/month billed annually
quickbook 4.5/5 Pricing:
Simple Start

  • $12.50/month

Essentials

  • $25/month

Plus

  • $40/month

Advanced

  • $90/month
square invoice 4.8/5 Pricing:
Plus

  • $20/month
invoice2go 5/5 Pricing:
Monthly

  • Professional – $9.99/month
  • Premium – $39.99/month
  • Starter – $5.99/month

Annually

  • Professional – $99.99/year
  • Premium – $399.99/year
  • Starter – $59.99/year
sage 4.7/5 Pricing:

  • Sage Accounting – $7.50/month
  • Sage Accounting Start – $10/month
quick 4.5/5 Pricing:

  • Corporate – $79 user/month
  • Enterprise – Custom Pricing
xero 4.6/5 Pricing:

  • Early – $12/month
  • Growing – $34/month
  • Established – $65/month
paysimple 4.3/5 Pricing:

  • $69.95/month
honeybook 4.5/5 Pricing:

  • Unlimited Monthly – $39/month
  • Unlimited Annually – $390/ year
freshbooks 4.6/5 Pricing:
Monthly

  • Lite – $4.5/month
  • Plus – $ 7.5/month
  • Premium – $15/month

Annually

  • Lite – $130.5/year
  • Plus – $ 217.5/year
  • Premium – $435/year

In-Depth Reviews on the Best Invoicing Software for Contractors

1. InvoiceOwl

InvoiceOwl is the leading invoicing software for contractors that can help you create modern and professional invoices. It covers various invoicing processes, from recording and generating sales reports to creating an estimation.

The feature-packed invoicing software enables the users to create quotations, estimates, credit memo, purchase orders, and unlimited invoices. It can help businesses track invoices in real-time and get the payments processed faster.

It can send real-time notifications to the clients, who can receive invoices digitally and process your payments using the wide range of payment options.

InvoiceOwl can help the users improve the invoicing process by extracting insightful client feedback. The feedback can enable you to locate the issues and help you think creatively to bypass those issues for a better invoicing experience.

You can download the professional invoices in favorable file formats like MS Word, MS Excel, Google Docs, and PDF. It can help your account payable team to automate the verification of the purchase order.

Here are the top features offered by InvoiceOwl.

Client management

The software remembers client information like contact information, name, and other details that can help you contact your clients later to accomplish different purposes.

You can boost professional invoice creation by adding new client details within a few clicks. InvoiceOwl also helps you minimize the scope of typing errors that can increase your efficiency while managing your invoices.

Estimates

You don’t have to worry about sending and making estimates, as you can select a perfect template to fill up the missing details and share it with your clients. The software simplifies and enhances invoice management to scale your business productivity.

24*7 support

You can get 24*7 built-in chat or email support that can help you bypass different hassles during the invoicing process. You can ask customer support to resolve technical glitches to streamline your business operations.

The support team can handle the query within no time and help to smoothen your business operations.

Go paper-free

You can skip the manual invoice processing, which can help you solve the redundancies and human errors. You can channel your workforce towards improving your core business operations and let InvoiceOwl handle your invoicing process.

Customizable templates

You can get multiple customized templates to download and tailor by adding different necessary details. You can create professional invoices within a few minutes to help you deliver the best customer experience.

Detailed business reports

You need to adopt a paperless methodology to help you create detailed online business and invoice reports. The software enables you to check your finances and ensure that you keep track of different money movements.

Pros Cons
  • Simple and user-friendly interface
  • Unlimited estimates and in-built emailing
  • Different templates are available
  • Estimates in PDF format only
Verdict:

A great combination of quality features and reasonable cost. Overall, a great purchase.

📝Key Takeaways:

  • A great combination of quality features and reasonable cost. Overall, a great purchase.

Create Professional Invoices in Seconds

Converet the approved estimates into invoices with a single click, or start with a fully customizable template.

2. Zoho Books

Zoho is a popular invoice/billing software for businesses and contractors who want to earn great profits. It is considered a powerful tool that can simplify your invoicing process.

zoho books

Different service providers are using invoicing and free billing software to smoothen the invoicing process with the help of a pre-designed invoice template. It has multiple additional invoicing features to help you improve the invoicing process and save your time and effort.

Zoho invoice offers advanced invoicing features, making it the pitch-perfect invoicing software for medium and large companies.

You can take care of different unwanted invoicing mistakes, and Zoho can provide an appropriate solution for you. It can automate most invoice processing work and narrow the possibility of making invoicing mistakes.

It saves your invoice on cloud storage, which can enable different authorities to work on the invoices simultaneously.

Its expense tracking features set it apart from different software on the list as it allows you to record the business bills you pay to operate your business.

You can plan and track your operational budget effectively to manage your funds. It is compatible with 14 languages and offers features like contact database, expense tracking, time tracking, employee database, multiple mobile apps, and automatic time capture.

Pros Cons
  • Working hours tracker
  • All-in-one invoicing software
  • Compatible with 14 languages
  • No inventory management

Verdict:

Its language compatibility helps it stand out, but it lacks inventory management. You can look for other options.

📝Key Takeaways:

  • Its language compatibility helps it stand out, but it lacks inventory management. You can look for other options.

3. QuickBooks

QuickBooks is another top invoicing software that can help you to save time and handle other different business chores rather than managing your invoices.

intuit quickbooks

You can create multiple invoices within a few seconds to help you save your time and effort. You can design a customized template for your invoices to help you easily manage your bulk invoicing.

You can also schedule an invoice monthly for your long-term client to never miss out on the invoice updates and ensure you deliver quality customer experience. You can set the invoicing on autopilot and skip the issue of forgetting to send invoices to your clients.

QuickBooks Online can also keep accounts for different clients by creating separate accounts. It provides information about the clients to help you handle your business operations.

It can help your client complete the payment easily using the QuickBooks payments to help you get the invoice payments faster. You can add the required products or services while creating the invoices, and the accurate total cost will reflect automatically. You can also customize the pricing of the services or products to manage your business finances.

The software offers channel management, barcoding/RFID, alerts/notifications, demand forecasting, backorder management, cost tracking, time tracking, and customer accounts.

Pros Cons
  • Excellent bookkeeping
  • TurboTax compatibility
  • All-in-one invoicing software
  • Bank account syncing issues

Verdict:

It offers quality features like barcoding/RFID but doesn’t support bank account sync. You can explore other options in the list.

📝Key Takeaways:

  • It offers quality features like barcoding/RFID but doesn’t support bank account sync. You can explore other options in the list.

4. Square Invoice

It can handle your invoicing and invoice processing effectively. The free invoice tool helps you with fast payment processing and requires a minimal processing fee while accepting online payments.

square invoices

The software won’t charge you a monthly transaction fee if you accept cheques or cash payments. You can accept payments from card payments, debit cards, ACH payment processing, gift cards, mobile wallets, and other payment gateways.

It sends automatic payment reminders to the clients that can help you get paid without delays. It also reminds you about the upcoming due dates to avoid trouble.

Its real-time invoice tracking is a great feature that allows you to check any invoice status anywhere from your mobile device.

It stores the data on the cloud to help you save and access the information to remove future confusion or miscommunications. You can also set a recurring invoice generation that can schedule different invoices to help you avoid missing out on sending monthly invoices to your clients.

The billing and invoicing software helps you improve your client-business relationships and import client information. You can include client logo, name, contact numbers, billing address, and email id.

It also helps you to auto-fill the invoice details within a few clicks once you select the client’s details.

The software offers advanced features that include recurring billing schedules, customer information storage, itemized billing, standardized tax & discounts, auto reminders, tracking overdue invoices, and online payments 24/7.

Pros Cons
  • Email & text receipts
  • Well organized interface
  • All-in-one invoicing software
  • Multiple currencies support missing

Verdict:

Use the auto reminder feature to collect payments. Great for small business owners.

📝Key Takeaways:

  • Use the auto reminder feature to collect payments. Great for small business owners.

5. Invoice2go

Invoice2go is a powerful software that can help you create invoices and access additional accounting features.

invoice2go

You can use the software to create a free bank account without paying additional fees. It makes your banking processing hassle-free and secure. It also helps you access its full accounting solution that automatically matches your invoices and helps you create estimates during payment.

You can access the Invoice2go debit card to make an in-store or online purchase. You can also extract cash from ATMs nationwide using a debit card.

The Invoice2go project tracking management or accounting software enables you to get a professional website without worries. You can create a unique website to establish your online presence in the industry and find new business opportunities.

You can create different estimates, invoices, and financial reports with the help of powerful software to keep your team in sync. You can handle unlimited projects using Invoice2go, which can help you remove the complexities of your business and simplify your process.

It has core features like project management, bank account, billing hours tracker, QuickBooks integration, client communication, and an instant website.

Pros Cons
  • Unlimited storage
  • Great customer service
  • All-in-one invoicing software
  • Limited integration

Verdict:

You can easily link your bank account, and it delivers professional-looking invoices that can help you deliver an excellent customer experience.

📝Key Takeaways:

  • You can easily link your bank account, and it delivers professional-looking invoices that can help you deliver an excellent customer experience.

6. Sage Business Cloud Accounting

Sage enables contractors to create professional invoices using its customizable invoice templates. It offers great online payment solutions that can help you streamline your cash flow and handle credit card payments.

sage business cloud accounting

It’s a great business management program that provides billing and invoicing features. You can send recurring invoices online or as PDFs to your clients. You can navigate tax requirements and easily calculate and submit VAT.

You can send quotes and estimates within a few clicks and snap receipts using its AutEntry feature. You can opt for the Plus package, which can help you handle the exchange rates and adjustments to save time and effort.

The software offers multiple features ideal for different businesses and industries that can streamline their financial management operations.

Pros Cons
  • Great UI/UX with easy-to-use functionalities
  • Quality invoicing solution with premium features for small businesses
  • Send estimates and quotes quickly
  • Its features like invoices, quotes, and purchase order generation are not available in the starter pack

Verdict:

The tool is great and offers well-rounded invoicing features.

📝Key Takeaways:

  • The tool is great and offers well-rounded invoicing features.

7. Bill.com

It is a powerful tool equipped with the power of artificial intelligence that can help you include different automated features ideal for general contractors looking to send recurring invoices. It offers online payment solutions in multiple currencies and helps you create customized invoices that enhance your existing invoicing system.

freshbooks

The powerful UI/UX of the system enables your employees to quickly adapt to the new technology integration and focus on using the software to its maximum potential.

The software has built-in invoice tracking features that can help you track the cash flow, handle payments, and make the processing smoother. You can instantly update your clients about the payment dues and minimize the troubles of managing your financial books.

Pros Cons
  • It can easily integrate with QuickBooks to streamline the accounting process
  • It minimizes errors and ensures a smooth collection of money
  • You can create well-vetted invoices within no time
  • There might be issues with third-party integrations
  • The invoice resending and vendor account verification options can be simplified

Verdict:

The tool offers great features but is priced a bit higher compared to other quality software on the list.

📝Key Takeaways:

  • The tool offers great features but is priced a bit higher compared to other quality software on the list.

8. Xero

A quality accounting software, Xero offers you professional invoicing abilities to handle your financial management workflow. You can easily create and send customizable invoices using the end-to-end premium features offered by the software.

xero

If your service business struggles with overdue invoices, you can track your client and remind them to pay the dues. You can use the software data to track outstanding invoices to ensure that you receive payments on time.

It has multiple time-saving features that can be valuable for your contractor business. You can add an item to the invoice; the software will quickly grab the matching price from the piercing schedule and fill your invoice quickly.

It offers flexible price options with various plans based on your requirements, budget, and scale of business operations.

Pros Cons
  • It makes accounting easier and minimizes the existing inefficiencies
  • It is a simple and user-friendly software
  • You can easily reconcile bank accounts
  • There’s an improvement required for journals
  • The third-party integrations are imperfect

Verdict:

The software offers great invoicing features that can simplify the existing business ecosystem. But you need to check the flexible pricing to ensure whether or not it fits your budget.

📝Key Takeaways:

  • The software offers great invoicing features that can simplify the existing business ecosystem. But you need to check the flexible pricing to ensure whether or not it fits your budget.

9. PaySimple

It is a professional and comprehensive billing and payment software that can help you invoice clients quickly and enhance your existing system.

paysimple

It offers in-person payment solutions, recurring billing, and a customer portal and can accept credit cards. You can easily integrate the software with QuickBooks to streamline your accounting and maintain a stable cash flow.

You can accept online payments and issue one-time or recurring invoices to track customer information. It offers a smooth and intuitive dashboard that can give a complete overview of the payment and other financial processes.

Pros Cons
  • Offers great invoicing features for small business owners
  • You can use the mobile payment feature
  • Get detailed reporting and analytics
  • There’s a need to improve the customer service experience

Verdict:

It is not an all-in-one business software like others; it doesn’t offer project management features, but is great for creating invoices and accepting online payments.

📝Key Takeaways:

  • It is not an all-in-one business software like others; it doesn’t offer project management features, but is great for creating invoices and accepting online payments.

10. HoneyBook

The invoicing software lets you create professional and intuitive invoices within a few clicks. It has a blend of tools you need to manage your financial ecosystem and offers suitable templates based on your business requirements.

You can quickly add billable items to your invoice and bill different elements of the client’s project that aren’t primarily detailed.

The software’s time tracker feature ensures that not a single second of billable hours goes unpaid. The software capabilities are great as it can track invoices and offers different payment gateway options.

It is a dedicated invoicing platform enabling you to send invoices to your clients through emails using different smart devices.

Pros Cons
  • Easy mobile access
  • Great customization options
  • Quick invoicing and dispatching to clients
  • Poor customer service
  • No integration services

Verdict:

Honey book is a decent invoicing software but they need to improve their customer service.

📝Key Takeaways:

  • Honey book is a decent invoicing software but they need to improve their customer service.

11. FreshBooks

It is a leading accounting and finance software offering reasonable prices and premium features. It simplifies the billing process and removes the troubles from your existing accounting system.

freshbooks

You can create professional invoices within seconds with your company logo and branding. The software offers a credit card payment acceptance facility that can help you collect your payments faster and with no hassles.

You can sign up for the FreshBooks free trial and get hands-on software experience before making the final purchase. You can negotiate the price if you want a large enterprise solution and get customized pricing from the vendor.

It takes just a few clicks to minimize the inefficiencies and errors of your invoice management system using FreshBooks.

Pros Cons
  • You can access the free trial version
  • It offers great configurable accounting and general ledger features
  • It has a powerful dashboard
  • The pricing of the software can be an issue
  • There are a lot of important invoicing features missing

Verdict:

Overall, the software is great for contractors, but you can get better options for the price it demands.

📝Key Takeaways:

  • Overall, the software is great for contractors, but you can get better options for the price it demands.

Get Paid Quickly

InvoiceOwl lets you create digital invoices with your eSign, and receive online payments.

People Also Ask For
  1. Which invoicing software is best for contractors?

    You can choose one invoicing software from the multiple available in the industry, but based on the combined features and reasonable prices, there’s nothing better than InvoiceOwl. You need to try the 14-day trial version, which can help you access the wide range of features of the software.


  2. Which software is best for invoicing?

    There are multiple tools that offer great invoicing features and benefits, but InvoiceOwl stands out from the rest because of its powerful ability to handle invoice processing at a highly affordable price. Within a few clicks, you can create invoices that can be dispatched to different clients. You can remove the manual processing and automate the invoicing to achieve your desired business targets.


  3. What accounting software do contractors use?

    Contractors rely on the reliable and fast accounting software to handle their large financing data sets and deliver tailored management results. Different tools in the industry like QuickBooks, ERP, InvoiceOwl, etc., are used by contractors for their accounting purposes.


  4. How do I make an invoice for construction?

    You can generate invoices quickly and effectively using the invoice template in the InvoiceOwl invoicing app.

Make a Wise Decision

An invoicing software can help you strengthen the financial aspect of your business and can remove the errors and inefficiencies created in your manual invoicing management.

But if you have to filter the best invoicing software, you won’t find a better option than InvoiceOwl.

You can achieve your desired invoicing goals and improve business productivity and efficiency.

Kickstart a and transform your invoicing process.

Author Bio
Jeel Patel
Jeel Patel
Founder

Jeel Patel is the Founder of InvoiceOwl and is the main curator & writer of the content found on this site. With ideals of quality, commitment, and perseverance, he believes in creating lasting business relationships with the clients.

United States

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