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5 Best Online Invoice Generator and Expense Tracking Websites

5 Best Online Invoice Generator and Expense Tracking Websites

Invoicing is an important task of any business, be it on a large scale or small scale. One needs to generate detailed invoices of transaction so as to keep a record of financial flow. However, manual creation of invoice is a daunting task.

To create a perfect format and then filling numerous details can take hours if we are working with tools like Excel or Word. Thus, to rescue with this daunting task, online invoice generator comes in picture.

Online invoice generator makes our life easier when it comes to billing from your clients. The online invoice generators, simply requires you to fill in the information, then you are ready to generate an invoice on spot which can be printed, saved or emailed directly to clients. These invoice generators make uses of professional layout that includes details for accurate, consistent and clean billing practices.

There are number of templates available for different types of billing which one can select depending on the need. And at the same time, Expense management refers to systems which are deployed by business to audit, pay and process employee initiated expenses. These software apps help to manage expense claim, audit and authorization. Following are some available websites which can be used for fulfilling the needs:

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Online Invoice Generator

Online Invoices, is a great tool from small and mid-sized business owners, it lets you create and manage invoices. It has templates based not only industry, but also based on country standards and various languages. This Invoice generator lets one to choose from range of free templates to generate an invoice according to their requirement.

Example of the invoice templates are Sole Trader Invoice Template, UK Invoice Template no VAT, Sales Invoice Template, Photography Invoice Template, Construction Invoice Template and many more. The templates are also quite intuitive and advanced with ability to calculate discount, change currency and tax.

After creating an invoice, one can send the invoice and track it by signing up with online invoice or download it as PDF. Although, the free service is enough for most users, but one can extend it by availing paid services under Gold, Silver and Platinum Plans.

Basically, Online Invoice generator consists of two options – free invoice templates that gives you option to create or generate invoices on the fly, no registration or payment required. Online invoices second option is complete accounting solution that has expense tracking/ time tracking and accounting software.

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Invoice home Generator

Invoice home is a web based invoicing service which is free, if you are single user having up to five clients. The features include time sheets and mobile invoicing via iOS and Android apps, which makes it easy to send estimates or bills to clients on the move. It allows you to automate recurring invoices, generate invoices in multiple currencies and track payments.

After signing up and giving basic information about the firm such as trading name, contact and address information. The information will appear as default on your invoices.  One can also add information regarding the contacts, for which the invoice needs to be prepared by exporting contacts in Customer tab. This can be done by exporting existing contacts from Access or Excel in CSV file and then mapping the fields of file to Invoice home.

Once the invoice is generated, it can be saved as PDF or printed. Once signed up, you can manage your invoices easily and you would get notifications regarding the invoices due date and payments.

BillQuick

BillQuick is an integrated Billing and Accounting, Project Management, Time and Expense Tracking solution, which are scalable for businesses of various sizes. BillQuick automates repetitive tasks, organizes information which gives firms to spend much more time to provide services to clients instead of juggling between internal processes.

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The tool is packed with powerful and simple features designed to help firms with easy cash flow by expediting billing process.

Bill4Time

Bill4time is an online solution that helps firms to run their business by combining client and project management, time and expense tracking, invoicing and accounting capabilities in a single system. Bill4Time includes certain features that fit needs of Lawyers and Accountants.

It has customization features which suits well for larger and complex projects. Bill4Time has functionality in regard to manage projects and clients, create and send invoices, assigns task and integrates well with Quickbooks.

The tool also offer users, with the option to preset invoice with company logo and one can choice from multiple design templates and can export invoice with options like PDF etc. For legal professionals it has specific feature called Legal Electronic Data Exchange (LEDES).

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Zervant

Zervant is online invoicing software for traders, freelancers and small business owners which helps in managing business finances which are often daunting. The three important tasks it performs are expense management, invoicing and time tracking. With Zervant one can create, track and send invoices.

There are number of sending options available as late payment reminders can be sent. One can send receipts and estimates too. When an invoice is paid, money is automatically transferred into relevant account. There are number of financial reports available, like Transaction Reports, Income and Expense and VAT.

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Last Updated on December 18, 2020

Can Technology have Biases Like Humans?

Can Technology have Biases Like Humans?

Technology has taken a vantage leap in providing solutions for man. Before now, technology used to appear complex and would require a great deal of expertise to handle solutions available. Today, we have technology applicable in the simplest human activities as smart products with intelligent algorithms powering them as they make error-free judgments and provide intelligent and analytic solutions.

Does technology have all the answers?

This article from Credit Suisse, tells us that technology does not have all the answers because it has been found to exhibit “similar biases,” as humans. No one can discredit the impact of technology, but it is not totally free of human input and this is the reason we experience these biases in many areas we have technology holding foot.

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Creating technological solutions transparently

This article suggests that the process of creating technological solutions be made transparent and subject to contribution from many people who would end up as users of the product – male, female, young, old, learned, unlearned and all other preferences as we have them. It also underscores the importance of having women on product development teams. This approach is not sure to eliminate all forms of bias, but it is a good way to start in order to appraise the full benefits of technology.

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Technology as the connecting tool

Technology so far has been a major connecting tool amongst us humans. It is used and appreciated by all regardless of race, language and sex. In order to keep it less subjective to these arguments about human biases. I believe we should gather opinions on products and solutions before making them available to the public. This could be done by gathering input from intended target users and receiving feedback across the stages of production.

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“Recognizing the problem is a start…success will depend on inclusive technologies that meet this vast untapped market.” This cannot be more apt especially at a time when we look up to technology for solutions. We should not muzzle our progress with technology by battling algorithm bias. The first way to avoid this battle is by reading this article here.

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