Accounting software can be used to invoice, but invoice-specific solutions offer more extensive templates and more automated billing processes. We’ve reviewed several invoicing systems that provide smarter invoicing, faster payments and more efficient reporting to give you a better business management experience.

Free for freelancers and small businesses and startups with a simple user interface, Bonsai is a top choice for its easy invoicing and automated reminders. It allows users to create invoices in just a few seconds and efficiently organizes expense data as well as offering various payment options, including PayPal and credit card.

Easily create professional-looking invoices with an array of customizable options. The free plan is only able to allow for five invoices. A paid version is also available, which includes staff invoicing as well as more clients. The recurring billing feature is easy to set up, and the dashboard shows all outstanding payments in real time.

Wave’s invoice functionality isn’t as robust as some of the other products we’ve looked at, however, its free plan comes with unlimited watermarked invoices and an intuitive user interface. The basic plan is designed for freelancers and small businesses. The Pro plan comes with teams and financial reports.

Another popular option, Xero is a cloud-based system that offers a complete accounting software for a more user-friendly business experience. It provides billing, customer support, and project management. It integrates with dozens marketing software, productivity and sales tools and also works with PayPal and Stripe payment gateways. Its mobile app lets users keep tabs on their finances, including keeping track of receipts and expenses, sending invoices for prepayments to customers and keeping track of all in-app purchases.