Billing software is a very important asset in helping the finance team automate the mundane tasks related to billing and payment. The lack of good billing software can make invoicing a tiring process which costs you time and money.
In order to solve this problem, it is necessary to have the best billing software in India for your business. Billing software not only enhances your efficiency but also boosts productivity. We will delve deep into this article to learn about the top 5 billing software in India to grow your business.
What is billing software? How is it useful?
Billing software is a program that helps your business manage its financial transactions. These include invoicing, taxes, and tracking payments. The business can use it to automate its billing processes and make them accurate and efficient.
This software provides templates and reports to help you keep track of budgeting, spending, and forecasts. Some billing software also comes with the feature of informed data-driven decision-making.
It works as a standalone application or as part of an ERP (Enterprise Resource Planning) system. It is necessary for you to understand the needs and types of your business while choosing billing software. A business needs software that has useful functionality and features.
Top 5 Billing Software in India
1: Vyapar (Suitable for small business owners)
Overview
Vyapar is comprehensive as well as simple software with many robust features. It can generate detailed reports, check business transactions, and manage stocks anytime anywhere. It is most suitable for small-scale businesses. One of its key points is that it can generate customized invoices and can collect payments online.
This software is suitable for startups, small businesses, and enterprises.
Features
Major features of Vyapar billing software include:
- Invoicing
- User permission
- Multiuser access
- Customer management
- Barcode scanning
2: myBillBook (Billing solution for mobile and desktop)
Overview
myBillBook is an easy-to-use billing system. It can create and edit GST invoices, share them on social media networks, and take thermal printouts. This software also allows you to convert quotations into bills with 10+ customizable invoice formats. It is available as software on both mobile and desktop.
This software is suitable for startups, small businesses, and enterprises.
Features
Major features of myBillBook billing software include:
- Credit notes
- Payment reminders
- Reports and analytics
- Sales order
- Multi-language support
3: EazyBills (One of the best billing software in India)
Overview
EazyBills is software that brings you the best finance management experience. It uses advanced technologies, a user-friendly dashboard, and a professional invoicing system. The software automatically syncs across all your devices to use it without an internet connection. It manages invoicing, expenses, inventory management, and stock management.
This software is suitable for all business types whether it is a startup, a small-scale business, an enterprise, or a large-scale company.
Features
Major features of EazyBills billing software include:
- Inventory management
- Top-notch security
- User-friendly interface
- Whatsapp invoicing
- Regular/thermal printouts
- GST invoicing and billing
- Barcode scanner
- Extremely affordable
4: TallyPrime (Suitable for both small and large-scale business)
Overview
TallyPrime is also a leading accounting and management software in India. It offers accounting, billing, inventory, GST, and payroll. It keeps a record of the stock control, and you don’t need to pay extra for any additional features.
This software is suitable for small-scale and large businesses.
Features
Major features of TallyPrime billing software include:
- Invoicing and billing
- Order processing
- Multi-currency support
- Reports and analytics
- Inventory management
5: Zoho Invoice (Suitable for freelancers and small business)
Overview
Zoho Invoice billing software lets you create and send appealing invoices to your customers. It has an easy-to-use interface and advanced features to be the best choice for freelancers and small-scale business owners.
This software is suitable for freelancer business owners and small businesses.
Features
Major features of Zoho Invoice billing software include:
- Automated workflows
- Expense tracking
- Payment reminders
- Recurring invoices
- Multi-language support
Features to Look for in Billing Software
When choosing the best billing software in India for your business, there are a few pivotal features to look for:
- The best billing software should be compatible with your accounting needs and technologies. It will save you hassles and time.
- Billing software should automate the process for you. It includes automating invoice generation, payment processing, and recurring invoices. The more automated your billing software is, the more time and money you will save.
- It should come with a guarantee of security. Accounting and financial matters are a very confidential part of any business. The best billing software should be able to promise the security of your data and information.
- It should offer necessary customer support. This is crucial if you run into queries or software issues. Look for a billing software company that can offer 24/7 customer support.
Final Words
The best billing software in India can be useful for all sizes and types of businesses as it helps automate and streamline the billing process. They can save you time and money while reducing the risk of human errors in your books of account.
Billing software can help you electronically create, send, and track invoices to your customers, overdue balances and track payments, and generate reports to help you get an overview of your financial performance.
For business owners, the billing software can be helpful in managing finances and getting paid on time. All you must do is choose the best billing software for your business in India.