MENU
GET LISTED
GET LISTED
SHOW ALLPOPULAR CATEGORIES
Share
Tweet
Share

Invoiced Review

Invoiced
Our score: 9.2 User satisfaction: 97%

What is Invoiced?

Invoiced is a cloud-based, accounts receivable automation software that helps businesses automate collections and streamline payments. If you’re a boutique service firm with a recurring revenue business model or a startup with only a few employees in your billing department, Invoiced can be an excellent option to automate repetitive tasks so your accounting team can focus on more work-intensive financial processes. Mid-sized and large companies such as SaaS enterprises can also benefit from the platform’s customizable features fit for high volume billers who want to make monthly billing effortless. Specifically, billing managers or specialists can use the software to design billing schedules, such as installment payments and send pre-scheduled invoices by email or text messages.

Invoiced has a straightforward, user-friendly dashboard where users can access all the controls, menus, and customization tools they need to conduct accounts receivable operations. These include creating invoices, viewing customer payment history, and checking analytics reports like key AR metrics and fastest/slowest to pay customers. The platform is comprised of four interconnected modules designed to provide a seamless workflow for all your collections activities: Invoice-to-Cash, Payment Plans, Subscription Billing, and Customer Portal. The platform also makes it possible for your billing department to prepare estimates, volume-based pricing, set rollover rates, and present rates with discounts and promotions.

Aside from streamlining your internal billing operations, Invoiced can also increase your bottom line since it integrates with online payment systems and multiple payment channels, such as credit cards and debit cards. This means your customers can have more options for paying and can even set autopay for their recurring transactions. You can get paid faster while your customers can enjoy a modern, frictionless payment experience.

Invoiced integrates with popular accounting software like Xero and Quickbooks, so your team can have all the pertinent information they need to complete their tasks without switching apps. It also uses REST API, so you can create custom integrations on top of the software.

Overview of Invoiced Benefits

Easier payment process

Using the software’s Invoice-to-Cash module, you can improve your cash flow by integrating quick and convenient online payment into your billing process. It’s Electronic Invoice Presentment and Payment (EIPP) tool includes a wide range of options for simple and safe online transactions. Your customers can pay using a credit card, direct debit (including SEPA, ACH, Bacs, etc,) or online payments system such as PayPal.

Moreover, Invoiced’s automated invoice chasing and Dunning management features allow your billing department to make the payment process automatic and painless. No more manual phone call inquiries and awkward follow-ups. Not only do you save time on mundane tasks but you also decrease your time-to-cash.

A simpler way to manage recurring billing

If your company has a recurring revenue business model, Invoiced can help make managing subscription billing less complicated and time-consuming through its Subscription Billing module. Inside the module, you’ll be able to choose among different plans, such as standard, usage-based, or variable pricing. You can also further customize your subscription billing by adding in non-trivial renewal logic, such as coupons, prorations, trial periods, or custom payment terms.

On top of customizable subscription billing, you can also use Invoiced to create sign up pages. Here you can make it easy for your customers to opt-in or choose a specific subscription billing. This is also a great way to save customer information and payment details for future transactions.

You don’t have to second guess once you use Invoiced’s automated subscription billing. Built-in analytics and reports can immediately show you key metrics, such as MRR, churn, and LTV, which measure whether your subscription business is a success. Additionally, the platform has an automated credit card retry process, which means you don’t have to waste time and valuable human resources on your Dunning management.

Increase revenue with flexible payment plans

Not all customers will have the resources to pay in full for the products or services they need. Invoiced, through its Payment Plans module, lets you bill customers in incremental payments so that you can still have a convenient way to accommodate installment plans. This can be an excellent solution for doctors, dental clinics, legal services, or consultancy firms.

Installment plans, including payment schedules, can be customized per client. As a result, you can even offer more flexible terms by allowing your customers to break their outstanding balance into personalized installments.

When it comes to collecting scheduled payments, Invoiced can also do that automatically for you. Just connect your organization’s preferred online payments system or payment channel. If a payment fails or is rejected, Invoiced’s automated Dunning management feature will also handle the retry for you.

As for your customers, Invoiced’s Customer Portal makes it possible for them to manage their accounts. They can view current and past invoices, autopay plans, download receipts, and a lot more from right inside the platform’s easy-to-use interface.

Secure AR online platform

Cybersecurity should be a priority for businesses, especially for those who handle online payments and collect personal details from their customers. Invoiced uses HTTPS with TLS encryption for secure online communication and traffic. It’s also PCI-compliant and follows HIPAA guidelines. Your customers will feel safer and more confident in transacting with you on your digital platform, knowing that it is one that adheres to standard internet security protocols.

Overview of Invoiced Features

Invoicing & Billing Management Features:
  • Invoiced A/R Management Dashboard
  • Automated dunning with Smart Chasing
  • Invoice delivery via email, text and print/mail
  • Email and invoice view tracking
  • Payment Plans
  • Estimates and customer approvals
  • Deposit and prepayment collection
  • Assignment and tracking of A/R team tasks
  • Email template customization
  • Advanced subscription and metered/usage billing
  • Custom invoice and statement templates
  • Consolidated invoicing
Your Customer Payment Portal:
  • Payments via direct debit, credit card, PayPal and check/wire instructions
  • Complete billing and payment history
  • Receipt and account statement download
  • Portal customization
  • Virtual Terminal
  • AutoPay
  • Automatic failed payment retries
Cash Application:
  • Individually match unapplied payments to one or more open invoices
  • Short-pay and over-pay application
  • Spreadsheet import of unapplied payments
  • Virtual lockbox integration
  • Automatic bank feed import
  • Check lockbox BAI file import
  • Automatic remittance advice detection and processing
  • User-defined payment applications rules
  • CashMatch AI™ payment application recommendations
Advanced Configuration Features:
  • Late fees and early payment discounts
  • Tax rate management
  • Pricing catalog
  • Multi-currency support
  • Custom fields
  • Coupon codes
  • Roles and permissions
  • Multi-entity support
Reporting & Analytics:
  • Top Debtors
  • Fastest/Slowest to Pay
  • Key A/R Metrics
  • Core A/R Reports
  • Subscription Metrics
  • Cash Forecasting

Awards & Quality Certificates

An award given to products our B2B experts find especially valuable for companies
This certificate is granted to products that offer especially good user experience. We evaluate how easy it is to start using the product and how well-designed its interface and features are to facilitate the work process.
This award is given only to top B2B products and represents the highest possible level of service. It highlights the vendor’s extensive knowledge of the industry they’re selling to and the needs of their customers.

Invoiced Position In Our Categories

Keeping in mind businesses have special business requirements, it is sensible that they steer clear of purchasing an all-in-one, ideal software solution. At any rate, it would be hard to stumble on such an app even among popular software systems. The practical step to undertake would be to tabulate the different major factors which merit inspection such as crucial features, pricing, technical skill competence of staff, business size, etc. Next, you should conduct the product research systematically. Browse over some Invoiced review articles and scrutinize the other software programs in your list more closely. Such all-encompassing product investigation guarantees you drop poorly fit software products and select the one that offers all the tools you require business requires.

Position of Invoiced in our main categories:

TOP 20

Invoiced is one of the top 20 Accounting Software products

TOP 20

Invoiced is one of the 20 Online Accounting Software products

Invoiced is also listed in the following subcategories:

It is important to realize that virtually no software in the Accounts Receivable Software category will be an ideal solution able to fulfill all the goals of various business types, sizes and industries. It may be a good idea to read a few Invoiced Accounts Receivable Software reviews first as certain solutions may excel just in a really small set of applications or be prepared with a really specific industry in mind. Others may function with an intention of being easy and intuitive and as a result lack complicated functionalities desired by more experienced users. There are also apps that cater to a wide group of customers and give you a powerful feature base, but that frequently comes at a more expensive cost of such a software. Ensure you're aware of your needs so that you select a software that provides exactly the features you search for.

How Much Does Invoiced Cost?

Invoiced Pricing Plans:

Free Trial

Basic

$100/month

Advanced

$500/month

Enterprise

Contact vendor

Basic – $100/month for 5 users and up to 100 active customers billed within a month. Additional users cost $25 each. Additional active customers cost $2 each. 

  • Invoiced A/R Management Dashboard
  • Automated dunning with Smart Chasing
  • Invoice delivery via email, text and print/mail
  • Email and invoice view tracking
  • Payments via direct debit, credit card, PayPal and check/wire instructions
  • Complete billing and payment history
  • AutoPay
  • Automatic failed payment retries

Advanced – $500/month for 10 users and up to 500 active customers billed within a month. Additional users cost $25 each. Additional active customers cost $1.5 each. This plan is billed annually with an option for monthly billing at $600/month. 

  • All features in Basic plan
  • Email template customization
  • Advanced subscription and metered/usage billing
  • Automatic bank feed import
  • Check lockbox BAI file import
  • Automatic remittance advice detection and processing
  • Coupon codes
  • Subscription Metrics

Enterprise – Contact Invoiced for pricing information. This plan is designed for high volume billers with a fully customizable number of active customers and users. It has all the features Invoiced can offer for automated accounts receivable management. 

Invoiced also offers a 14-day free trial.

User Satisfaction

Positive Social Media Mentions 79
Negative Social Media Mentions 2

We realize that when you make a decision to buy Accounts Receivable Software it’s important not only to see how experts evaluate it in their reviews, but also to find out if the real people and companies that buy it are actually satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that gathers customer reviews, comments and Invoiced reviews across a wide range of social media sites. The data is then presented in an easy to digest form showing how many people had positive and negative experience with Invoiced. With that information at hand you should be equipped to make an informed buying decision that you won’t regret.

Video

Technical details

Devices Supported

  • Web-based

Deployment

  • Cloud Hosted
  • Open API

Language Support

  • English
  • German
  • Spanish
  • French

Pricing Model

  • Monthly payment
  • Annual Subscription
  • Quote-based

Customer Types

  • Small Business
  • Large Enterprises
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

Popular Invoiced Alternatives

Top Competitors To Invoiced By Price

Product name:
Price:
By quote
₹799.00

Trending Accounts Receivable Software Reviews

Product name:
Score:
Satisfaction:
9.2
97%
8.0
N/A
8.0
96%
8.5
N/A

Invoiced Comparisons

What are Invoiced pricing details?

Invoiced Pricing Plans:

Free Trial

Basic

$100/month

Advanced

$500/month

Enterprise

Contact vendor

Basic – $100/month for 5 users and up to 100 active customers billed within a month. Additional users cost $25 each. Additional active customers cost $2 each. 

  • Invoiced A/R Management Dashboard
  • Automated dunning with Smart Chasing
  • Invoice delivery via email, text and print/mail
  • Email and invoice view tracking
  • Payments via direct debit, credit card, PayPal and check/wire instructions
  • Complete billing and payment history
  • AutoPay
  • Automatic failed payment retries

Advanced – $500/month for 10 users and up to 500 active customers billed within a month. Additional users cost $25 each. Additional active customers cost $1.5 each. This plan is billed annually with an option for monthly billing at $600/month. 

  • All features in Basic plan
  • Email template customization
  • Advanced subscription and metered/usage billing
  • Automatic bank feed import
  • Check lockbox BAI file import
  • Automatic remittance advice detection and processing
  • Coupon codes
  • Subscription Metrics

Enterprise – Contact Invoiced for pricing information. This plan is designed for high volume billers with a fully customizable number of active customers and users. It has all the features Invoiced can offer for automated accounts receivable management. 

Invoiced also offers a 14-day free trial.

What integrations are available for Invoiced?

Accounting/ERP Integrations:

  • QuickBooks Desktop/Online
  • QuickBooks Enterprise
  • Xero
  • Intacct
  • NetSuite
  • Oracle
  • SAP
  • Microsoft Dynamics
  • Other ERPs

Specialty Integrations:

  • Avalara
  • Collbox
  • Earth Class Mail
  • Flow.ly
  • Lob
  • Missing Link Technology
  • Piesync
  • Salesforce
  • Slack
  • Stitch
  • Zapier

Payment Gateways:

  • Authorize.net
  • Bluepay
  • Braintree
  • Cardknox
  • CyberSource
  • Quickbooks Payments
  • GoCardless
  • LawPay
  • Merchant e-Solutions
  • Moneris
  • nMi
  • PayPal Express Checkout
  • PayPal Payflow Pro
  • Stripe
  • USA e-pay
  • World Pay
Note

Invoiced
is waiting for
your first review.

Arrow

Write your own review of this product

ADD A REVIEW

More reviews from 0 actual users:

women man women man man women

Join a community of 7,369 SaaS experts

Thank you for the time you take to leave a quick review of this software. Our community and review base is constantly developing because of experts like you, who are willing to share their experience and knowledge with others to help them make more informed buying decisions.

Sign in with LinkedIn Why we require LinkedIn?
  • Show the community that you're an actual user.
  • We will only show your name and profile image in your review.
  • You can still post your review anonymously.

OR

Sign in with company email

Sign in with company email

Reviewed By Nestor Gilbert
Page last modified
Award Winner
An award given to products our B2B experts find especially valuable for companies
Did you find this review useful?
Yes No

Thank you for your feedback

How can we make this page better?

TOP

Why is FinancesOnline free? Why is FinancesOnline free?

FinancesOnline is available for free for all business professionals interested in an efficient way to find top-notch SaaS solutions. We are able to keep our service free of charge thanks to cooperation with some of the vendors, who are willing to pay us for traffic and sales opportunities provided by our website. Please note, that FinancesOnline lists all vendors, we’re not limited only to the ones that pay us, and all software providers have an equal opportunity to get featured in our rankings and comparisons, win awards, gather user reviews, all in our effort to give you reliable advice that will enable you to make well-informed purchase decisions.