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SaasHunter Picks

Best Invoicing Tools for Small Business

Our curated selection of the top 10 tools. Compare features, pricing, and find the perfect fit for your needs.

10 toolsUpdated April 2026

TL;DR

  1. 1
    Zoho Invoice(8.0/10)Pick Zoho Invoice when you're a freelancer or small business seeking a free invoicing solution with time tracking capabilities.. Easy to use and affordable.
  2. 2
    Melio(7.6/10)Select Melio to simplify invoice management and payments for your small business, especially if cost efficiency is key.. Easy to use and affordable.
  3. 3
    FreshBooks(7.6/10)Your small business needs straightforward invoicing and expense tracking without complex features.. Easy to use and great integrations.

Why Zoho Invoice is #1 for invoicing tools for small business

Pricing value scores 10.0/10
Ease of use scores 8.0/10
Integrations scores 8.0/10

Quick Comparison

ToolPriceRatingScoreBest For
Zoho InvoiceFree4.48.0freelancers and small businesses needing free invoicing.
MelioFree — From $0.50 per transaction4.37.6small businesses simplifying bill payments and cash flow.
FreshBooksFrom $15/user/mo4.27.6freelancers and small business owners needing simple account
StripeFree — From 2.9% + 30¢ per successful transaction4.78.2developers and businesses needing flexible payment infrastru
SquareFree — From $0/month, transaction fees apply4.07.8small businesses needing simple, integrated payment processi

Detailed Rankings

1
Zoho Invoice logo

Free invoicing software for freelancers and small businesses with time tracking and expense management.

Easy to useGreat valueMany integrations
Pros:Completely free with no hidden pricing tiers · Clean interface with professional invoice templates
Cons:Not a full accounting solution, invoicing only · Limited functionality outside the Zoho ecosystem

Skip if: you need not a full accounting solution, invoicing only

FreeAccounting & Finance8.0/10
2
Melio logo

Simplify your business payments and manage invoices seamlessly with Melio.

Easy to useGreat valueMany integrations
Pros:Free ACH bank transfer payments with no fees · Pay by credit card even if vendor doesn't accept
Cons:Credit card payments carry a 2.9% processing fee · Limited invoicing and accounts receivable features

Skip if: you need credit card payments carry a 2.9% processing fee

Free — From $0.50 per transactionAccounting & Finance7.6/10
3
FreshBooks logo
FreshBooksFeatured

FreshBooks simplifies invoicing and expense tracking for small businesses.

Easy to useStrong supportMany integrations
Pros:Extremely intuitive and easy to learn interface · Best-in-class invoicing with automated payment reminders
Cons:Limited scalability for growing or complex businesses · Client limits on lower-tier pricing plans

Skip if: you need limited scalability for growing or complex businesses

From $15/user/moAccounting & Finance7.6/10
4
Stripe logo
StripeFeatured

Stripe simplifies online payments and financial management for businesses.

Free — From 2.9% + 30¢ per successful transactionAccounting & Finance8.2/10
5
Square logo

Square offers seamless payment processing and financial management tools for businesses.

Free — From $0/month, transaction fees applyAccounting & Finance7.8/10
6
Wise Business logo

Streamline your business finances with Wise Business, the smart way to manage international payments.

From $0/user/moAccounting & Finance7.8/10
7
Wave logo

Wave offers free accounting software for small businesses and freelancers.

Free — Additional services available for a feeAccounting & Finance7.6/10
8
Razorpay logo

Full-stack payment gateway and financial platform for businesses in India and globally.

From 2% per transactionAccounting & Finance7.2/10
9
Mercury logo
MercuryFeatured

Modern banking platform built for startups with FDIC-insured accounts and powerful financial tools.

FreeAccounting & Finance8.0/10
10
PayPal Business logo

PayPal Business simplifies online payments for businesses of all sizes.

Free — From 2.9% + $0.30 per transactionAccounting & Finance7.2/10

How to Choose

When choosing the right tool for “best invoicing tools for small business”, consider: your team size and budget, must-have features vs nice-to-haves, integration with your existing tools, and long-term pricing scalability. Start with free trials when available — most tools on this list offer them.

A
Alex CarterHead of Research

Former SaaS product manager turned analyst. Personally tested 200+ tools and built the scoring methodology behind SaasHunter rankings.

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Frequently Asked Questions

What is the best invoicing tools for small business?

Based on user ratings and features, Zoho Invoice is the top pick for best invoicing tools for small business. Other strong options include Melio, FreshBooks, Stripe.

Are there free options for accounting & finance?

Yes, Zoho Invoice, Stripe, Square offer free plans in the Accounting & Finance category.

How did we rank these tools?

Tools are ranked based on keyword relevance to the use case, user ratings from the SaasHunter community, and feature coverage. Featured tools with strong ratings rank higher.

How often is this list updated?

This list is updated automatically as new tools are added and user ratings change. Pricing and feature information is refreshed regularly.

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