A cloud-based software suite can help optimize workflows for typical company billing difficulties, including issuing invoices and tracking payments. Invoice2go is a Bill.com firm based in Erina, Australia, founded in 2002. t is a well-known platform, with over 225,000 registered users and more than $24 billion in transactions handled.
While a large corporation may more readily allocate capital to accountancy and billing through a specialized department, this is not always the case for a small firm. For instance, a small firm that creates widgets wants to focus its efforts on manufacturing more devices rather than converting the process of being paid for the labour into a significant problem and time sink. However, if a company does not send out bills, it will not be able to collect the cash it has earned.
What will you see here?
Plans and Pricing of Invoice2go
Invoice2go provides a free one-month trial with no credit card required. It can also be canceled within 1 month for a cash refund. This service includes some basic capabilities such as up to 30 invoicing per year, free ACH money transfers, and the option to take credit payments at a fee of 3.5%.
Three plans: Premium, Professional, and Starter
- The Starter Plan is the most affordable, costing $5.99 per month or $59.99 per year.
- Moving up a tier brings us to the Professional Plans, which costs $9.99/month or $99.99/year with an annual discount and include all of the benefits of the lower tier. This plan can handle up to 100 invoices per year, combines with QuickBooks and Xero, has advanced reporting, and can reduce card payment fees to 3%.
- The Premium Plan is the most expensive, costing $39.99 a month or $399.99 per year. This more expensive plan includes all of the features found in the lesser tiers and allows an unlimited amount of invoices.
If you want to take payments through Invoice2go, you’ll also be billed a transaction fee. However, which starts at 2.9% plus 30 cents and varies based on your plan.
The plan you select is generally determined by the number of invoices you need to send every month. Also, the number of people you need to log into your Invoice2go account. Instead of the number of features included with your plan. However, the advanced plans do not have much more benefits than the Standard plan.
Features of Invoice2go
It’s safe to assume that Invoice2go includes all of the functionality users would anticipate. One of the most important of these is the capacity to submit an invoice, which can be challenging to do without software. Mainly, invoices may be issued by various channels, including “text, email, or other channels like WhatsApp and Facebook Messenger.” With today’s mobile workforce, we should also mention that smartphone applications for both iOS and Android are accessible, allowing you to submit invoices from anywhere. Finally, invoices may be monitored, allowing you to be alerted when a client reads an invoice and set up periodic reminders to track overdue debts.
The degree of assistance and customization offered to small businesses is excellent. This is evident in the layouts, which are built for invoicing and include a separate set for receipts.
Need to send an outstanding invoice? Invoice2go also has a Free Invoice Generator available. It is a web-based form that, once completed, delivers the invoice to the receiver or may be downloaded as a PDF.
Pros
Invoice2go bills itself as a “professional invoice app,” and that’s precisely what it is. It allows company owners to send and monitor professional-looking invoices on the go via its Apple and Android app or its easily accessible desktop dashboard.
Invoice2go’s “Pay Now” function, perhaps most useful for company owners, enables immediate payment. Furthermore, enabling payment reminders eliminates the uncertainty (and unpleasantness) of following it up with late clients. As a result, favorable feedback from Invoice2go customers mostly mentions how simple the program is to install, set up, and use across several devices. They also appreciate how appealing and personalized their bills are.
Cons
Invoice2go provides precisely what it says. It’s a simple, quick invoicing company with a mobile alternative. However, it doesn’t offer much else. If you want a full-fledged accounting product, Invoice2go is unlikely to be able to meet your needs. If this is the case, or if you believe you may exceed Invoice2go’s five-user restriction. Nonetheless, consider a complete accounting system with an invoicing component, such as FreshBooks or QuickBooks.
Users complain about Invoice2go’s limited connections with other applications and frequent difficulties. However, some reviews warn about lost invoices and synchronization problems—also lousy customer care. Reviewers also observed that the cost is a little high, given the restricted features.
Support of Invoice2go
While there is local phone assistance, it’s unable to locate the phone number on the internet. It is not available everywhere, and as stated in the levels, it is only accessible to the top-tier plans. An email address or a support portal where one could submit a trouble ticket is also not available.
However, There’s a chat area for questions. There is also self-help information to create a website, such as the Quick Start Guide and how-to tutorials. There are also several Facebook communities to join.
Conclusion
Invoice2go fulfills its aim of assisting small businesses with invoicing and collections that do not have the luxury of a professional accounting staff or even a single individual. It is great to have several advantages, such as the availability of free invoices for a new business. Also, smartphone applications for invoicing while on the move, yearly savings, and options with chat and self-help information. Be aware of various downsides, such as the limited amount of invoices for the lowest plans and the much more significant price of the top subscription. Also, phone help is only available for the full plan. Invoice2go is an excellent choice for a small business wishing to outsource its invoicing process.
