Accounting
2020 Review of Invoiced
Jul. 14, 2020
If your primary task is to produce and track a high number of invoices for your business, be sure to check out Invoiced. Invoiced is accounts receivable software that is designed to streamline the full invoice-to-cash lifecycle, resulting in faster payments for your business and a more modern payment experience for your customers.
Invoiced is cloud based, making it easily accessible from anywhere using a variety of devices including desktop and laptop computers as well as smart phones and tablet devices.
Invoiced offers a variety of solution areas and features for business owners, with various options within each that vary based on tier, including the Invoice-to-Cash management which automates the entire invoicing and payment process by making it easy to process and deliver invoices to your customers and even easier for your customers to pay. Invoiced also offers a subscription billing module for businesses who have a recurring billing model. An additional feature, Payment Plans, allows you to offer your customers payments on a single invoice via installments. This can be a great solution for businesses that offer high-ticket items, while also providing flexibility your customer base in the process. Finally, an included customer portal provides self-serve billing and online payments, allowing your customers to log in to view their account, enable auto-pay for automatic payment, view all of their invoices, both current and historical, and update their payment information if they desire.
Invoiced makes it easy to create an invoice, with the ability to import invoices from an accounting or ERP application, synching with popular accounting applications including QuickBooks Desktop, QuickBooks Enterprise, QuickBooks Online, NetSuite, Sage Intacct, Microsoft Dynamics and Xero. You can also create invoices from scratch directly in Invoiced if you desire. Invoiced makes it easy to add coupons or other discounts to any invoice, and integration with Avalara allows you to apply the correct tax to each invoice.
An accounts receivable dashboard is included in the application, so you can manage all of your invoices from initial creation to past due accounts from one central location.
Invoiced makes it easy for your customers to pay, integrating with numerous online payment applications including Authorize.net, Braintree, AffiniPay, BluePay, Intuit Payments, Stripe, USAePay, and Worldpay, with other integrations available including Avalara, along with Salesforce, Slack, Zapier and many others.
Customers can use the portal to make an online payment, and you can easily set the type of payments that you accept.
Invoiced can also be a convenient tool for businesses selling a product via subscription, using the Subscription billing option to create billing based on the level of product usage or a flat subscription, with tiered pricing levels, proration, advanced/arrears and discount options available, while the payment plan option may be invaluable to those that sell big-ticket items and are willing to offer payment terms to customers. Invoiced makes managing payment terms a breeze, allowing your customers to break invoice balances into an installment plan, with automated payment collection available once a payment plan has been created.
Invoiced offers three plans: Basic, which supports up to 100 customers and offers basic invoicing capability, but does not include integration capability nor subscription or payment plan options; the Advanced plan supports up to 500 customers and includes integration payment plan options, and subscription billing. The Basic plan costs $100 per month, while the Advanced plan is $500 a month. An Enterprise plan is also available for very large businesses, with custom annual pricing available upon request from Invoiced.