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There are so many different billing tools on the market that choosing the best one for you can be tricky. You want to streamline the process of generating invoices, managing payments, and tracking financial transactions - and need the right tool for your team. I've got you covered! In this post, I leverage my personal experience with budgeting and billing-related activities with large teams to share my picks of the best billing software.

What is Billing Software?

Billing software refers to tools that handle the creation, management, and processing of invoices for goods or services provided by a business. Key features that make this possible include invoice creation, payment processing, recurring billing, expense tracking, and reporting – simplifying billing processes, reducing errors, and providing better control over financial transactions.

Overall, billing software automates billing tasks, improves accuracy, and enhances the overall efficiency of financial operations.

Overviews Of The 10 Best Billing Software

Here’s my assessment of each billing software that I chose to include on this list and what I think it does best.

Best for secure, multi-method payments

  • Free demo available
  • From $99/month

Stax Pay is an all-in-one platform that offers secure, multi-method payments for businesses. It simplifies payment processes and provides transparent pricing, making it a suitable choice for businesses looking for a secure and comprehensive payment solution.

Why I picked Stax Pay: Stax Pay's transparent pricing model aligns with the need for a straightforward and comprehensive payment processing solution. In judging its capabilities, what makes Stax Pay stand out is its ability to accept multiple payment types and the seamless integration of necessary tools within a single dashboard, which is critical for efficient business management.

Stax Pay Standout Features and Integrations:

Features include quick and easy payment acceptance, automated billing, and seamless surcharging with industry-leading compliance. Stax Pay offers subscription billing, surcharging programs, and additional resources such as insights, API documentation, and support knowledgebase.

Integrations include Slack, Zapier, Microsoft Office, Google Suite, and CRMs. Stax Pay also supports comprehensive mobile software development kits in Javascript and Python, and a language-agnostic RESTful API.

Pros and cons


  • In-depth reporting for financial management and strategic planning
  • User-friendly interface
  • Customizable invoices and receipts


  • Features sets can be limited
  • Primarily U.S.-based

Best free option

  • Free plan available
  • From $49.99/month
Visit Website
Rating: 4.7/5

Online Check Writer is a simple and secure way for businesses to pay and get paid. The software supports ACH payments, direct deposits, checks, and debit and credit card payments as well.

Why I picked Online Check Writer: I like that it offers a free way to send and receive payments, with reasonable transaction fees.

Online Check Writer Standout Features and Integrations:

Features include a mobile app that allows you to accept payments and print checks.

In my opinion, Online Check Writer’s transaction fees are reasonable at 1% on their free plan, up to a maximum of $5, which is lower than other services like PayPal. This has all of the basic AP and AR features businesses need to send and receive payments.

Integrations include QuickBooks, Xero, Gusto, Zoho Payroll, BILL, and Zapier.

Pros and cons


  • Mobile app
  • Easy to learn and use
  • Accepts multiple payment methods


  • Minimum spend amount per month on paid plans
  • Limited customizations

Best for fast-growing businesses

  • Free 14-day trial
  • From $249/month
Visit Website
Rating: 4.6/5

Chargebee is a popular billing software with a focus on subscription-based or recurring billing. I think it would probably be a good fit for fast-growing SaaS and eCommerce businesses.

Why I picked Chargebee: I feel like this software will make it easier for businesses to manage and collect subscription-based payments from their customers. It simplifies the process of onboarding customers, as well as upgrading, downgrading, or canceling subscription plans.

Chargebee Standout Features and Integrations:

Features include support for a wide range of billing models. I saw that Chargebee supports everything from one-time charges up to more complex subscription plans with tiered pricing.

Chargebee has tools to assist with invoicing and payment collection through a secure payment gateway. It also supports dunning management, meaning it will automatically retry in the event of a failed payment.

Integrations include Sage Intacct, QuickBooks, Xero, Netsuite, Salesforce, Hubspot, Microsoft Dynamics, Zoho CRM, Mailchimp, Slack, and dozens more, plus other 3rd party software integrations through Zapier.

Pros and cons


  • Developer-friendly APIs
  • Lots of integrations
  • Designed for subscription-based business models


  • Limited reporting and analytics
  • Steep learning curve

Best for complex revenue models

  • Free demo available.
  • Pricing upon request
Visit Website
Rating: 4.9/5

Most billing software is only designed to invoice customers for standard line items or one-time charges. Tridens Monetization is unique in that it also allows for usage-based billing.

Why I picked Tridens Monetization: Tridens looks to me like it’s been specifically designed for the telecommunications, energy, and utility industries. I think companies that need to bill customers for usage of electricity or natural gas will find Tridens can make their processes much more convenient. I can see it also being applicable to subscription-based services from media or SaaS companies.

Tridens Monetization Standout Features and Integrations:

Features include flexible pricing and monetization models. Triden’s ability here is what really stands out to me.

Triden’s customer web and mobile apps let your customers view their account balance and usage and pay their bills online. I was also impressed by the amount of analytics and reporting tools Tridens offers, including custom dashboards and customizable reports.

Integrations include Netsuite, SAP, Microsoft Dynamics, Salesforce, Stripe, Paypal, and SureTax.

Pros and cons


  • Intuitive interface and dashboards
  • Customer mobile app and online portal
  • Supports complex pricing and billing


  • Initial setup & implementation is complex
  • Tridens takes 1% of billed revenue (on top of base fees)

Best for ease of use

  • 30-day free trial.
  • From $45/month for AP.
Visit Website
Rating: 4.4/5

BILL (formerly is a cloud-based software and billing platform. It can help you to digitize your accounts payable, accounts receivable, and other financial processes in your business and to make them run more efficiently.

Why I picked BILL: I like that BILL stores everything in the cloud and reduces paper-based processes. Plus, you don’t need to install software on specific machines or keep it updated. I would normally be concerned about security with cloud-based billing software. However, BILL keeps all payment processing in-house and uses bank-level encryption and secure data center facilities with more than one physical location for full redundancy.

BILL Standout Features and Integrations:

Features include support for multiple payment options, including ACH (automated clearing house), virtual cards, and online payment reminders.

I like that BILL provides flexibility for billing customers and accepting payments, even internationally. BILL also has approval workflows for managing bills and payments more efficiently. Plus, it leaves behind a clean audit trail of all transactions.

BILL’s real-time reporting on cash inflows and outflows help companies monitor their financial health. The forecasting tools seem like they'd be helpful for strategic planning, too.

Integrations include Netsuite, Sage, Xero, QuickBooks, SAP, Freshbooks, and Hubdoc.

Pros and cons


  • Supports 130+ countries and currencies
  • Integrates with most accounting software
  • Customizable invoices


  • Learning curve for new users
  • Limited features for businesses with complex needs

Best document processing features

  • 14-day free trial
  • Pricing upon request
Visit Website
Rating: 4.4/5

Rossum is an AI-powered document processing software. It helps businesses to extract data from documents like purchase orders, invoices, and receipts.

Why I picked Rossum: Rossum uses optical character recognition (OCR) to help quickly extract data from scanned documents. What I think sets Rossum apart is its machine-learning algorithms and AI technology. This means the software continually gets better, faster, and more accurate at processing documents over time as it gets to know the document formatting of your particular vendors and customers.

Although Rossum itself isn’t a billing software, it natively integrates with the most popular choices and pays for itself if you consider the time saved in the billing process.

Rossum Standout Features and Integrations:

Features include the ability to greatly reduce manual data capture. Rossum claims their software can save you 82% of the time on document validation. Rossum seems quite good at reading business documents like a human, and it adapts well to changes in document style, layout, and formatting.

Overall, I think it could help companies save a lot of time spent validating and entering billing data.

I also like how Rossum’s analytics and reporting features can help with troubleshooting.

Integrations include BILL, QuickBooks, Freshbooks, Xero, SAP, NetSuite, Zoho Books, Coupa, and Dropbox.

Pros and cons


  • Adaptable AI improves over time
  • OCR data validation
  • User-friendly interface


  • Visit WebsiteOpens new window
  • Limited application scope (requires separate billing software)
  • Pricing details aren’t transparent

Best for service-based businesses

  • 14-day free trial
  • From $26/user/month

Scoro is a business management software with a particular focus on service businesses.

Why I picked Scoro: Scoro can help service businesses ‌stay organized and keep everything in one place. In addition to billing, it also has solutions for project management, customer relationship management, and financial reporting

Scoro Standout Features and Integrations:

Features include the ability to control your billing and expense lifecycle, from providing quotes to collecting payment on invoices. By having sales, delivery, and financial information in one platform, you can get a better idea of how a business is performing.

I think Scoro’s drag-and-drop planner and Kanban task board help plan and prioritize work and manage time more efficiently.

Integrations include Google Calendar and Google Drive, Microsoft Exchange, Dropbox, Jira, QuickBooks, Xero, Stripe, Hubspot, Asana, Expensify, Trello, and dozens of other applications.

Pros and cons


  • Data sharing between different teams
  • Visually intuitive interface
  • Integrates with many popular tools


  • Many features locked behind higher-level plans
  • No single-user plan (Minimum five users)

Best for teams with lots of international transactions

  • 14-day free trial
  • From $249/month

VatPay is a billing software that allows you to generate invoices in any language or currency. The company also has a strong focus on project management and time-tracking features.

Why I picked VatPay: I liked that VatPay supports multiple currencies. If your company’s doing business with clients and customers in other countries,

VatPay lets you specify the currency you wish to receive your payment in. Customers can pay directly from your invoice or through a client portal using VISA, Mastercard, AMEX, or Apple Pay.

VatPay Standout Features and Integrations:

Features include being compatible with mobile, tablet, or desktop. Its time-tracking and project management tools allow you to invite your employees, contractors, or even clients to collaborate on projects.

I like how your customer invoices, account statements, and credit memos can be customized with your business logo and theme.

VatPay can also generate insightful reports to help you understand where your money is coming from and where it’s going.

Integrations include Stripe, PayPal, Chase, Google Suite,, and Office 365.

Pros and cons


  • Mobile app
  • Integrates with popular payment gateways
  • Customized invoices


  • Not designed for large companies (100+ users)
  • Expensive compared to similar options

Best ERP with integrated billing features

  • 30-day free trial
  • Pricing upon request

QT9 is an enterprise resource planning (ERP) software. This means it aims to integrate various different processes within an organization into one application. This includes billing features and accounts receivable, as well as things like inventory management, quality control, customer relationship management, and more.

Why I picked QT9 ERP: I think once a company reaches a certain size, it becomes cumbersome to have many different specialized softwares for individual business processes. I feel that larger companies can benefit from consolidating many of these features.

QT9 ERP Standout Features and Integrations:

Features include 18+ pre-installed modules. I like that QT9 allows you to have your purchasing, accounting, AR & AP, general ledger, and other finance modules all centralized into a single software. I think this will help reduce the need for individual spreadsheets that require manual data entry, as well as data import and export.

QT9 allows finance and other processes like inventory control, manufacturing, and shipping to share data directly. The modules are highly scalable, so you can roll out your implementation in phases and upgrade one module at a time as your company grows.

Integrations include QuickBooks and Sage 50.

Pros and cons


  • Highly scalable and customizable
  • Visually intuitive interface
  • Consolidates many business processes into one software


  • Steep learning curve
  • Limited integration

Best for large and complex businesses

  • Pricing upon request

HighRadius uses AI to help your company automate your accounts receivable, treasury, and other finance processes.

Why I picked HighRadius: I chose HighRadius for its ability to manage high-volume billing. Plus, I think it’s a tool that can scale alongside businesses as their operations grow and become more complex.

HighRadius Standout Features and Integrations:

Features include automated, proactive reviews of your customers. I think that'd be especially important for a company dealing with hundreds or thousands of customers. I like that HighRadius allows you to send invoices through web, email, fax, or print and mail them the old-fashioned way.

From my experience in accounting, I know some customers are particular about how they like to receive their bills. HighRadius also claims their AI-based cash application software can post 95% of payments without a human having to touch it, which I think would cut down on a ton of manual work in a large company.

Integrations include all major ERPs like Oracle, Microsoft Dynamics, and SAP, plus payment processing partners like Stripe and Chase, credit agencies such as Equifax and Experian, and more than a dozen others.

Pros and cons


  • Reporting and analytics features
  • Highly configurable and customizable
  • Great automation features


  • Comparatively high cost
  • Steep learning curve
Tools Price
Stax Pay From $99/month
Online Check Writer From $49.99/month
Chargebee From $249/month
Tridens Monetization Pricing upon request From $45/month for AP.
Rossum Pricing upon request
Scoro From $26/user/month
VatPay From $249/month
QT9 ERP Pricing upon request
HighRadius Pricing upon request
Preview Image - <h2 class="c-block__title b-summary-table__title c-listicle__title h3" > Compare Software Specs Side by Side</h2>

Compare Software Specs Side by Side

Use our comparison chart to review and evaluate software specs side-by-side.

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Other Options

Here are some more billing tools that I shortlisted during my research. They didn’t make it into my top 10, but they’re still worth checking out.

  1. GetCost

    Best for contractors

  2. Xero

    Best for small businesses

  3. QuickBooks Online

    Best for beginners

  4. Xledger

    Best for multi-entity financial management

  5. Zoho Invoice

    Best for freelancers

  6. NetSuite

    Best comprehensive ERP solution

  7. Invoicera

    Best for medium to large enterprises

  8. Square Invoices

    Best for teams already using Square’s payment processing

  9. WAVE

    Best for startups

  10. Sunrise App

    Best for creative professionals

Selection Criteria For Billing Software

Here’s a short summary of the main selection and evaluation criteria I used to develop my list of the best billing software for this article:

Core Functionality

It’s not worth calling it billing software if it can’t handle invoicing, billing automation, payment tracking, cash flow and customer management, and reporting and analytics.

Key Features

With those minimums handled, here are some features considered in picking out the best:

  • Invoice templates: Allows you to create professional-looking invoices tailored to your business's branding and style with help from customizable templates.
  • Automated invoicing: Enables you to set up recurring invoices for subscriptions, memberships, or regular services, automating those invoices at specified intervals.
  • Payment gateway integration: Facilitates secure and convenient online payment processing, allowing customers to pay invoices easily via Paypal, Stripe, or other popular gateways.
  • Customer portal: Provides customers with a dedicated platform to view and manage their invoices, payment history, and account details, enhancing transparency and self-service capabilities.
  • Multi-currency support: Allows you to create invoices and process payments in different currencies, accommodating international customers and simplifying global transactions.
  • Payment reminders: Reduces late or missed payments with automated payment reminders and notifications to customers.
  • Financial reports: Provides insights into revenue, outstanding balances, payment history, and other financial metrics.
  • Tax calculation and compliance: Incorporates tax calculation functions to apply appropriate taxes based on jurisdiction, ensuring compliance with tax regulations.
  • Data security: Prioritizes data security by employing encryption protocols, secure server infrastructure, and compliance with industry standards to protect sensitive customer information.
  • Mobile accessibility: Offers mobile applications or responsive web interfaces, enabling you to access and manage billing functions on the go through smartphones or tablets.


I prioritized billing software with modern and visually-intuitive interfaces and features, as well as easy-to-navigate menus. I understand every software will have a learning curve, but it shouldn’t take weeks before your staff is comfortable billing customers with new software.


Billing software should integrate with accounting systems like QuickBooks, Xero, or NetSuite. If the software can’t take payments by itself, it should work with payment gateways like Stripe and PayPal. Billing software should allow for automatic synchronization of billing data, streamlining financial management, and reducing manual data entry.

People Also Ask

Here are some answers to common questions that I may not have covered above.

How much does billing software cost?

Billing software can range from free to hundreds of dollars per month. It will mostly depend on the size of your company and how many users you’ll have.

Basic accounting software to cover the needs of a small business will likely cost less than $20 per month.

On the other hand, an ERP for a large corporation may cost hundreds of dollars per month.

Is there any free billing software?

Yes. From my list above, Chargebee, GetCost, and Online Check Writer all have free plans available, although features in free plans are often limited.

Is there a difference between billing and accounts receivable software?

There is a lot of overlap, and I would consider billing software to be almost a subset of accounts receivable software. Billing software is specifically focused on sending invoices and getting paid. Accounts receivable software includes broader features to keep track of what you’re owed and to age accounts.


Ultimately, the billing software that’s right for you will depend on the specifics of your company. The industry you’re in and the size of your business will have a large impact on which option makes the most sense for you. But I hope after reading my analysis above, you have a good idea of which one likely makes the most sense for your context.

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By Simon Litt

Simon Litt is the Editor of The CFO Club, where he shares his passion for all things money-related. Performing research, talking to experts, and calling on his own professional background, he'll be working hard to ensure that The CFO Club is an indispensable resource for anyone seeking to stay informed on the latest financial trends and topics in the world of tech.

Prior to editing this publication, Simon spent years working in, and running his own, investor relations agency, servicing public companies that wanted to reach and connect deeper with their shareholder base. Simon's experience includes constructing comprehensive budgets for IR activities, consulting CEOs & executive teams on best practices for the public markets, and facilitating compliant communications training.