The billing and invoicing software industry aids businesses of all sizes in amplifying their financial processes. These companies offer diverse software solutions, catering to different operational needs, from subscription management and recurring billing to cloud-based accounting and financial management. The range of software assists in tasks such as invoicing, payroll, expense tracking, and tax preparation. As businesses steer towards automation, the demand for these solutions is increasing, nudging the industry towards an innovative future. Big or small, any business seeking efficient and accurate financial management is a potential client for this industry.


Top 22 Billing and Invoicing Software Companies

1. Chargebee

  • Website: chargebee.com
  • Headquarters: San Francisco, California, United States
  • Founded: 2011
  • Headcount: 1001-5000
  • Latest funding type: Series H
  • LinkedIn

Chargebee is a company that provides subscription management and recurring billing software for businesses. Their platform helps businesses automate the entire subscription management process, from sign-ups and recurring payments to invoicing and revenue recognition.


2. Xero

  • Website: xero.com
  • Headquarters: Wellington City, Wellington, New Zealand
  • Founded: 2006
  • Headcount: 1001-5000
  • Latest funding type: Post Ipo Debt
  • LinkedIn

Xero is a company that offers cloud-based accounting software and financial management tools for small businesses and individuals. They provide easy-to-use tools for invoicing, payroll, expense tracking, and tax preparation.


3. Zuora

  • Website: zuora.com
  • Headquarters: Redwood City, California, United States
  • Founded: 2007
  • Headcount: 1001-5000
  • Latest funding type: Post Ipo Equity
  • LinkedIn

Zuora is a leading monetization platform that helps businesses build, run, and grow their subscription-based models. With a range of products and solutions, Zuora enables companies to manage recurring billing, subscription management, revenue recognition, and more. Their integrated ecosystem and innovative software streamline operations, reduce time-to-close, and maximize revenue for businesses of any size. Zuora serves a diverse range of industries and has a strong focus on helping enterprises optimize their subscription-based business models.


4. Bill.com

  • Website: bill.com
  • Headquarters: San Jose, California, United States
  • Founded: 2006
  • Headcount: 501-1000
  • Latest funding type: Ipo
  • LinkedIn

Bill.com is an online bill payment and receivables software platform. It offers a convenient and efficient way for businesses to manage and streamline their payment processes, including bill payment, invoicing, and accounts receivable management.


5. FreshBooks

  • Website: freshbooks.com
  • Headquarters: Toronto, Ontario, Canada
  • Founded: 2003
  • Headcount: 201-500
  • Latest funding type: Grant
  • LinkedIn

FreshBooks is a preferred invoicing and accounting software for over 30 million users, small business owners, and accountants worldwide. It offers seamless migration, intuitive accounting software, and customizable plans for scaling businesses. With features like time tracking, expense tracking, and invoicing, FreshBooks helps businesses accomplish their goals and manage their finances easily.


6. Wave HQ

  • Website: waveapps.com
  • Headquarters: Toronto, Ontario, Canada
  • Founded: 2009
  • Headcount: 201-500
  • Latest funding type: Acquired
  • LinkedIn

WaveApps is a company that provides free accounting software, invoicing software, and banking software for small business owners. They offer features such as recurring billing, online payments, track income and expenses, and payroll management. Their services are available on desktop and mobile platforms.


7. Recurly

  • Website: recurly.com
  • Headquarters: San Francisco, California, United States
  • Founded: 2009
  • Headcount: 201-500
  • Latest funding type: Acquired
  • LinkedIn

Recurly is a company that offers an API-driven subscription billing platform for businesses. With Recurly, businesses can easily manage and automate their subscription billing processes, including recurring payments, billing cycles, and customer communication.


8. Busy Infotech Pvt. Ltd.

  • Website: busy.in
  • Headquarters: New Delhi, Delhi, India
  • Founded: 1997
  • Headcount: 51-200
  • LinkedIn

BUSY is an accounting software company that offers customized solutions for various industries, including grocery stores and retail shops. Their software helps manage billing, invoicing, and financial transactions easily. With BUSY, users can generate E-way bills, reconcile GST reports, and automate monotonous tasks. The software is offline-based, ensuring data security and uninterrupted operations. BUSY's comprehensive features and user-friendly interface make it a valuable tool for businesses.


9. FastSpring

  • Website: fastspring.com
  • Headquarters: Santa Barbara, California, United States
  • Founded: 2005
  • Headcount: 51-200
  • Latest funding type: Acquired
  • LinkedIn

FastSpring is a global platform that offers subscription management, digital invoicing, and flexible recurring billing tools. They help SaaS and software companies streamline their custom deals, manage subscriptions and revenue, and find engaged buyers for their products. With FastSpring, businesses can transact across borders, handle taxes, prevent fraud, and gain insights through reporting and analytics.


10. Servicios Contables

SCCALOP is an online platform for electronic invoicing and compliance with fiscal regulations. It offers services for generating and issuing CFDI in version 4.0, with the option to continue using version 3.3 until June 2022. The platform provides support for obtaining the fiscal situation certificate and offers a user-friendly interface for managing clients and invoices.


11. Universidade Metodista de Angola

Uma.co.ao is a company offering intelligent technological solutions for businesses. They provide software and services for invoicing and billing, allowing companies to easily manage their products and services. With their user-friendly platform and unlimited capacity, Uma.co.ao helps businesses streamline their operations and optimize their financial processes.


12. BluLogix

  • Website: blulogix.com
  • Headquarters: Mclean, Virginia, United States
  • Founded: 2013
  • Headcount: 51-200
  • Latest funding type: Seed
  • LinkedIn

BluLogix LLC is a subscription billing software company that offers the BluIQ™ platform for subscription management and billing. They provide flexibility and scalability for businesses undergoing digital transformation.


13. Paper.id

  • Website: paper.id
  • Headquarters: Jakarta, Indonesia, Indonesia
  • Founded: 2016
  • Headcount: 51-200
  • Latest funding type: Series B
  • LinkedIn

Paper.id is a digital invoicing and payment platform that helps businesses manage their invoices and payments digitally. It offers features like sending unlimited invoices via WhatsApp, Email or SMS, automatic payment reminders, and secure transactions through the Peruri Scanner application.


14. Retirement Revolution

The company offers a comprehensive revenue-tracking platform, VMS Billing, that provides transparency for plan and advisor billing. They also provide securities data offerings covering various asset classes, including pricing, corporate actions, and reference data. Their centralized portal, VMS Hub, consolidates and automates critical recordkeeping functions and information flows. Additionally, they offer technology solutions for the wealth management industry, helping retirement account recordkeepers achieve efficiency, accuracy, and transparency in their billing systems.


15. Hiveage

  • Website: hiveage.com
  • Headquarters: Boston, Massachusetts, United States
  • Founded: 2014
  • Headcount: 11-50
  • LinkedIn

Hiveage is an online invoicing software platform for small businesses offering billing, payment gateways, financial reports, and recurring billing. It strives to offer businesses an excellent deal, regardless of their size and stage.


16. Global Business IT S.A.

Global Business IT is a provider of web platforms for electronic invoicing and billing. They offer a web-based management software that allows businesses to easily control their operations and generate electronic invoices and bills. They also provide digital solutions for business growth and are prepared for the implementation of the new Electronic Dispatch Guide.


17. Sahabat Bisnis

Sahabat Bisnis is a digital invoice platform that helps businesses simplify their billing process. It allows users to create and send invoices digitally, eliminating the need for paper invoices and streamlining the invoicing process. With Sahabat Bisnis, businesses can easily manage their invoices, track payment status, and ensure timely payments.


18. Omapaja

  • Website: omapaja.fi
  • Headquarters: Oulu, Oulun Lääni, Finland
  • Founded: 2011
  • Headcount: 11-50
  • LinkedIn

Omapaja.fi is a platform that offers efficient software solutions and high-quality customer and expert services for invoicing work. It provides freelancers and entrepreneurs with an easy and secure way to bill their work. The company offers a range of services including billing, workspace deduction, and free invoicing software.


19. Agenter

AgenterBooks is an online accounting software made for small business owners, freelancers, and their accountants. It offers easy-to-use features such as creating estimates, generating invoices, managing expenses, and tracking business performance. With advanced security standards and cloud accounting integration, AgenterBooks ensures data safety and productivity for businesses.


20. Facturama

  • Website: facturama.mx
  • Headquarters: San Luis Potosí, San Luis Potosí, Mexico
  • Founded: 2012
  • Headcount: 11-50
  • Latest funding type: Acquired
  • LinkedIn

Facturama is an online platform that provides easy and efficient invoicing solutions for businesses. With features such as quick invoice creation, customer management, and comprehensive reporting, Facturama streamlines the invoicing process. It also offers additional services such as payroll management and integration with third-party payment platforms like PayPal. Facturama is designed to save time and improve efficiency in managing invoices and payments.


21. Billingo

Billingo.hu is an online invoicing platform that offers a complete toolset for bookkeepers. It provides an all-in-one solution for managing and organizing invoices, receipts, and transactions, as well as integrating with the Hungarian Tax and Customs Administration (NAV). With Billingo, bookkeepers can streamline their work and provide efficient support to their clients. The platform is free and also offers API integration.


22. WeFact B.V. - Online facturatie

  • Website: wefact.nl
  • Headquarters: Eersel, Noord-Brabant, Netherlands
  • Founded: 2005
  • Headcount: 11-50
  • LinkedIn

WeFact is an online invoicing and accounting software that allows users to create invoices, process purchase invoices, and manage their finances with ease. It offers features such as invoicing, quoting, purchase management, subscription management, banking integration, and a mobile app.


Want to find more billing and invoicing software companies?


If you want to find more companies that offer diverse financial automation solutions you can do so with Inven. This list was built with Inven and there are hundreds of companies like these globally.


With Inven you'll also get to know the company's:


  • Ownership: Which of these are private equity backed? Which are family-owned?
  • Contact data: Who are the owners and CEO's? What are their emails and phone numbers?
  • Financials: How do these companies perform financially? What are their revenues and profit margins?

...and a lot more!