Invoice Simple Review: Key Features, Pros & Cons

Panna Kemenes

For small businesses wanting a white-label invoicing solution, Invoice Simple could be a top option. It offers a high level of invoice customization as well as a range of extra features.

Check out this article to see if Invoice Simple could help you. You’ll find its features, fees, pros and cons. At the end, you’ll also discover some other invoice providers which could be a better alternative for your business.

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Invoice Simple Review: Quick Overview

Here’s a quick overview of Invoice Simple.

Invoice Simple
Key features
  • Invoice and business expense management software
  • Range of invoice templates and white-label customization options
  • Invoicing app available
  • Add discounts, shipping information, taxes and more to your invoices
  • Auto conversion of estimates into invoices with a single click
  • Invoicing available in up to 5 languages and 25 currencies
Main fees
  • Essentials—$6.99 USD per month or $69.99 USD per year
  • Plus—$13.49 USD per month or $134.99 USD per year
  • Premium—$19.99 USD per month or $199.99 USD per year
Great for
  • Small businesses looking for a white-label invoicing solution, with a high level of customization as well as access to business expense management software
G2 rating
  • 3.8 / 5 on G2²

Invoice Simple: Key Features

Invoice Simple offers a white-label invoicing solution for small businesses.

You can choose from a range of templates and fully customize your invoices. You can add your brand logo, signature and even photos of your business. You also have the ability to include discounts, tax details, shipping information and more.³

Invoice templates are industry specific. For example, some of the invoice templates that Invoice Simple offer include:

  • Rental invoice
  • Freelancer invoice
  • Construction invoice
  • Photography invoice
  • Graphic design invoice
  • Consulting invoice
  • Contractor invoice
  • Auto repair invoice³

Invoices and estimates can be sent via email, text and print. Estimates can be automatically converted to invoices with one-click.³

Invoice Simple partners with PayPal to accept and process payments. Your customers can pay with:

  • Credit and debit card
  • PayPal
  • PayPal’s Pay in 4 (Buy Now Pay Later option)
  • Venmo (US only)
  • QR code for printed invoices⁴ ⁵

Through its partnership with PayPal, Invoice Simple supports transactions in up to 25 different currencies.⁶ You can also accept partial payments and deposits.³

🔍 Read on for more about:

Ease of Use

Invoice Simple comes with invoice management software. This enables you to search for customer profiles, track late payments and receive payment notifications. You can also access auto-generated income reports and export them with a single click. This makes bookkeeping one step easier.⁷

Support for a range of currencies and up to 5 languages make international invoicing convenient.⁸ This can increase international customer acquisition.

All invoices and clients are saved, enabling you to reuse previous invoices, as well as tweak them. This makes invoicing for regular clients or recurring services more efficient, saving you time. Predictive typing also makes filling out invoices and estimates a quicker process.⁹

One of the most convenient features of Invoice Simple is its invoicing app. It has the exact same functionality as its full software suite, allowing you to customize, send and manage invoices from anywhere.

On top of this, it allows you to make these changes to invoices, no matter where you are:

  • Enable payment in foreign currencies
  • Combine a range of invoices into one
  • Add extra items or services
  • Change the due date
  • Change the price or taxes⁸

Invoice Simple also simplifies cash flow management with receipt auto-capture technology. Simply take a photo of any business expense related receipt and Invoice Simple will save the key information. This makes tracking business expenditure, cash flow management as well as tax season a breeze.¹⁰

Users of G2 and Trustpilot rate its convenient, easy-to-use app and software.¹ ²

Some negative reviews emphasize the difficulty of canceling your account. They also report that changing the currency for one client results in the currency being changed for all transactions, which can make accounting difficult.¹ ²

Customer Service

Invoice Simple has a help center with FAQs and articles, allowing you to search for answers to common problems. They also have an online chatbot for help with specific problems.¹¹

Invoice Simple Fees

So with all these features, is Invoice Simple free to use?

Unfortunately, Invoice Simple isn’t free to use.

While it offers a free trial, you’ll need to choose a paid plan if you want to use it regularly.¹²

Invoice Simple offers three different plans, depending on what features you want:

  • Essentials—$6.99 USD per month or $69.99 USD per year
  • Plus—$13.49 USD per month or $134.99 USD per year
  • Premium—$19.99 USD per month or $199.99 USD per year¹²

If you opt for annual billing, you’ll get two months worth of membership for free.

When it comes to accepting payments, you’ll be subjected to PayPal’s transaction processing fees. Currently, this stands at 3.49% plus $0.49 USD per transaction.¹²

If PayPal fees are eating into your revenue, Invoice Simple gives you the option to “Add fees” to your invoices. This adds PayPal processing fees to your customer’s payment sum, protecting your revenue.¹³

Invoice Simple Pros and Cons

Here’s an overview of the pros and cons of Invoice Simple.

BenefitsPossible drawbacks
  • Free trial available
  • Industry specific invoice templates and full white-label customization options
  • Auto conversion of estimates into invoices with one click
  • Business expense management software with auto receipt capture
  • Invoicing available in up to 5 languages and 25 currencies
  • Invoicing app available with full functionality
  • Add taxes, discounts, shipping information and more to your invoices
  • Invoice management software—track late payments and receive auto generated income reports
  • No free membership plans
  • Number of monthly invoices restricted with Essentials and Plus membership
  • PayPal transaction processing fees are relatively high

What are the benefits of Invoice Simple?

Invoice Simple’s white-label invoicing solution offers you a high level of customization. Its app also makes invoicing from anywhere possible and convenient.

With extra features such as business expense management and auto generated income reports, accounting and tax season become far easier.

What are the drawbacks of Invoice Simple?

The main disadvantage of Invoice Simple is that it doesn’t offer a free membership plan. Compared to other small business invoicing providers, this can be a disadvantage.

On top of this, if you’re a small business sending more than 10 invoices a month, you’ll have to upgrade to the most expensive plan, the Premium membership.

Likewise, many features are only available on the Plus and Premium membership plans. For example, to have client and item information autofilled or add photos to invoices, you’ll have to upgrade to Plus membership.

Invoice Simple Alternatives

Invoice Simple is not the only provider on the market. Here are some alternatives to consider before making a decision.

FreshBooks

Designed for small businesses and freelancers, FreshBooks offers a wide range of invoicing features. For example, you can get access to:

  • Customizable invoices
  • Financial and accounting reports
  • Business health reports
  • Business expense tracking software
  • Automatic bill and receipt capture¹⁴

It offers three membership plans, as well as a free 30-day trial:¹⁴

  • Lite—$17 USD per month (currently reduced to $8.50 USD for 6 months)
  • Plus—$30 USD per month (currently reduced to $15 for 6 months)
  • Premium—$55 USD per month (currently reduced to $27.50 USD for 6 months)
  • Select—custom pricing¹⁴

The Lite and Plus invoices allow you to send invoices to a restricted amount of clients. For Lite users, you can invoice up to 5 clients, and for Plus users, you can invoice up to 50. The number of users is also restricted but can be increased for an extra fee.¹⁴

💡 You can also connect FreshBooks with Wise Business to sync transactions and save time on admin. This is a great feature for businesses with international transactions.

Square Invoices

Square Invoices offers you the ability to send an unlimited number of invoices, estimates and contracts for free. It’s a cost-effective invoicing solution for small businesses and freelancers.

Square Invoices also comes with a range of extra features, such as the ability to integrate third-party accounting software.¹⁵

If you upgrade to Square Invoices Plus for an extra $20 per month, you’ll have access to:

  • Full invoice design and field customization
  • Milestone-based payment schedules
  • Multi-package estimates
  • Autoconversion of estimates to invoices¹⁵

With Square Invoices you’ll be able to accept a wide range of payment methods, each with its own transaction fees.

🔍 Read the full guide to Square invoices for more details!

PayPal Invoices

PayPal Invoices is included in PayPal’s suite of services.

You can send and track invoices from anywhere. You’re also able to schedule recurring invoices, as well as send automatic payment reminders and past-due notices.¹⁶

It enables you to send unlimited voices, free of monthly or setup fees. The only fee you pay is a transaction fee every time your customer pays their invoice. The fees you’ll pay are:

  • 2.99% + $0.49 USD per USD transaction for credit and debit card transactions
  • 3.49 % + $0.49 USD per USD transaction for PayPal, Venmo and Pay Later transactions¹⁶

Conclusion: Is Invoice Simple the best choice for your business?

If you’re looking for a strong white-label invoicing solution, Invoice Simple could be a great fit for your business.

For businesses looking for a high level of customization options, as well as multi currency and foreign language support, Invoice Simple has a lot to offer.

And if you’re willing to pay a higher fee for extra features, then you should consider Invoice Simple as your provider.

But if you want an invoicing service provider that offers free, unlimited invoices, then you’ll be better suited with providers such as Square and PayPal.

Save Time and Money On Overseas Payments With Wise Business

Wise Business can help you save big time on international payments.

Wise is not a bank, but a Money Services Business (MSB) provider and a smart alternative to banks. The Wise Business account is designed with international business in mind, and makes it easy to send, hold, and manage business funds in currencies.

Signing up to Wise Business allows access to BatchTransfer which you can use to pay up to 1000 invoices in one go. This is perfect for small businesses that are managing a global team, saving a ton of time and hassle when making payments.

Some key features of Wise Business include:

  • Mid-market rate: Get the mid-market exchange rate with no hidden fees on international transfers

  • Global Account: Send money to countries and hold balances in multiple currencies, all in one place. You can also get major currency account details for a one-off fee to receive overseas payments like a local

  • Access to BatchTransfer: Pay up to 1000 invoices in one click. Save time, money, and stress when you make 1000 payments in one click with with BatchTransfer payments. Access to BatchTransfer is free with a Wise Business account

  • Auto-conversions: Don't like the current currency exchange rate? Set your desired rate, and Wise sends the transfer the moment the rate is met

  • Free invoicing tool: Generate and send professional invoices

  • No minimum balance requirements or monthly fees: US-based businesses can open an account for free. Learn more about fees here

Use Wise Business >>


Sources:

  1. Invoice Simple Reviews | Read Customer Service Reviews of invoicesimple.com
  2. Invoice Simple Reviews 2023: Details, Pricing, & Features | G2
  3. Create Estimates and Invoices Instantly
  4. Online Invoice Payment Processing Software | Web & Mobile
  5. Buy Now, Pay Later | Pay in 4 or Pay Monthly Options | PayPal US
  6. PayPal Global | List of Countries and Currencies
  7. Invoice Management Software | Web & Mobile
  8. Mobile Invoice App
  9. Save Time with Saved Invoice Items
  10. Business Expense Tracker - Invoice Simple
  11. Invoice Simple Help Center
  12. Invoice Simple | Pricing and Packages
  13. What is the processing fee for payments received over PayPal? | Invoice Simple Help Center
  14. FreshBooks Pricing, Lite, Plus and Premium Packages
  15. Free Invoice Software
  16. Create, Send, and Track Invoices Online | PayPal US

All sources checked November 27, 2023.


*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.

This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.

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