A Comparison of Online Invoice Generators

Comparison of different invoice generators

If you are running a business, small or large, you might know how important it is to do invoicing. If you are not using the right method and the right invoice generator , this will drain you out. 

This is exactly why online invoice makers exists-; to simplify the job of invoicing. There are hundreds of software available in the market, both free and paid, that lets you make an invoice online in just a couple of clicks. You can also send it to your clients and get paid online using some invoice software. 

In this blog, we have come up with a list of some of the best invoicing softwares available in the market, listing down their features and the pros and cons. Read further and choose the right invoice software that suits your needs and ensure a smooth workflow for your business. We have ranked them on the basis of the usability of small businesses. 

1. Zenys

zenys invoice template

Zenys is one of the simplest and cheapest online invoice generators available in the market. For small businesses, Zenys might be the right choice as they provide only the required yet the right features, offering a very user friendly interface. Zenys is a billing software with GST where users can create invoices online  easily and make them look professional by customizing it with their company logo ,signature and brand theme. This software also allows users to send invoices directly to clients and also provides online payment facilities. Most of the free invoice generators available in the market either provide only limited creation of invoices or offer you with very few features. Here is where Zenys is different from them. 


  • Multiple GST Invoice Formats
  • Customizable invoices
  • Automatic Tax Calculation
  • Multiple currency options
  • Downloadable PDF Invoice
  • Sharable Invoices
  • Online Payments
  • Payment Tracking


  • Easy to use
  • Easy to create and customize invoices
  • Downloading and sending invoices simplified.
  • Safe and secure online payments
  • You can keep track of payments
  • User-friendly dashboard that provides insights into the payments and collections.


  • This invoice software is better suited for small businesses and freelancers.

2. Zoho Invoice

zoho invoice generator

Available on PC, Android, iOS

Zoho Invoice is a cloud based online invoice generator from the same company which created and maintains Zoho Books. It has been developed for small businesses and freelancers and has an easy to use interface. It helps in invoicing, tracking expenses and collecting payments. 


  • Customizable invoice templates
  • Project Billing
  • Time Tracking
  • Multiple languages and currencies
  • Payment reminder alerts
  • Client Portal
  • Downloadable invoice


  • Easy to use interface
  • Tracking of invoices can be done
  • Dashboard gives you insights into  income and expenses.


  • You can create invoices online for free only for one user and up to five customers. In the Basic plan i.e $9/month, you can create unlimited invoices for 50 customers. 
  • Zoho Invoice might seem expensive for some small business owners if they don’t use it often.

3. Quickbook

quickbooks invoice generator

Available on Web, PC and  Android
Quickbooks is an online invoicing platform and accounting software for small businesses that lets you manage your business finances.  Compared to other online invoice makers in the market this billing software does not offer any free services. The cheapest plan they offer is £5 per month.


  • Customizable Invoice templates
  • Automatic payment tracking
  • Multiple languages and currencies
  • Payment reminder alerts
  • Automation
  • Integrations


  • Easy to set up and use
  • You will get insights into your sales performance, income and expenses.
  • Easy to customize invoices
  • It is accountant approved.


  • There is a limit in the number of users who can access the system under various plans.
  • You will need multiple subscriptions for multiple businesses.
  • Since there is no free version, for small businesses that don’t require a lot of invoicing in a month, this invoice generator might not be an option.

4. WaveApp

wave invoice generator

Available on, PC, Android, iOS

With Wave App you can make an invoice online customized as per your business needs. You can accept and track payments too. It is built for SMEs and freelancers with basic features and requirements. 


  • Unlimited invoices
  • Supports multiple currencies and languages
  • Easy integration with bank/ financial system
  • Automatic payment reminders
  • Recurring invoices


  • Very easy to use
  • Creating invoices and customising is easy
  • Generates business-friendly reports


  • Does not offer advanced features
  • It is restricted to only a few countries.
  • Wave charges for every credit card transaction instead of charging on a whole. 

5. Xero

xero invoice generator

Xero billing software is more suitable for big businesses rather than freelancers and small businesses.  Xero provides both free and paid versions of the software with variations in the features they provide.


  • Multiple template options
  • Mobile invoicing
  • Automatic reminders
  • Online payments


  • Third party integration
  • Easy report generation
  •  Professional invoices


  • Multiple currency options are less
  • User interface can be a little confusing
  • Comparatively, it is more costly

Want to create an invoice on your own? You can download GST invoice formats in excel from Zenys and customize them as per your needs. To make it a lot easier, make an invoice online using Zenys free online invoice generator tool. All you need to do is type in the details in the form and add your company logo and signature. Check it out right now!