Invoice2go vs Elorus
Last Updated:Our analysts compared Invoice2go vs Elorus based on data from our 400+ point analysis of Invoicing Software, user reviews and our own crowdsourced data from our free software selection platform.
Product Basics
Invoice2go, now part of Bill.com, offers a comprehensive software solution for managing invoicing and billing tasks. It is particularly well-suited for small businesses, freelancers, and independent contractors across various industries such as construction, consulting, and creative services. The platform streamlines the creation, sending, and tracking of invoices, making it easier for users to manage their finances efficiently.
One of the standout benefits of Invoice2go is its user-friendly interface, which simplifies complex billing processes. The software includes powerful features like customizable invoice templates, expense tracking, and real-time payment notifications. Additionally, it supports multiple currencies and integrates seamlessly with other financial tools, enhancing its utility for businesses with diverse needs.
Compared to similar products, users often highlight Invoice2go's ease of use and robust customer support. Pricing details can vary, so it's advisable to contact SelectHub for a tailored quote based on specific requirements.
Product Assistance
Product Insights
- Time Efficiency: Automate repetitive tasks like invoicing and follow-ups, freeing up time for more strategic activities.
- Professional Appearance: Create polished, branded invoices that enhance your business's credibility and professionalism.
- Cash Flow Management: Track payments and outstanding invoices in real-time, helping you maintain a healthy cash flow.
- Client Relationships: Send timely reminders and thank-you notes, fostering better relationships with clients through consistent communication.
- Financial Insights: Access detailed reports and analytics to make informed decisions about your business's financial health.
- Mobile Accessibility: Manage your invoicing and billing on-the-go with a mobile app, ensuring you stay productive even when away from the office.
- Reduced Errors: Minimize manual entry errors with automated calculations and data entry, ensuring accuracy in your financial records.
- Payment Flexibility: Offer multiple payment options to clients, making it easier for them to pay you promptly.
- Compliance Assurance: Ensure your invoices meet legal and tax requirements, reducing the risk of non-compliance issues.
- Cost Savings: Reduce overhead costs associated with paper invoicing and manual billing processes.
- Scalability: Easily scale your invoicing processes as your business grows, without needing significant changes to your workflow.
- Client Self-Service: Allow clients to view and pay invoices online, enhancing their convenience and satisfaction.
- Customizable Templates: Use customizable invoice templates to match your brand identity and specific business needs.
- Integration Capabilities: Integrate with other business tools like accounting software, streamlining your overall financial management.
- Security: Protect sensitive financial data with robust security measures, ensuring your information remains confidential and secure.
- Streamlined Invoicing: Elorus simplifies the invoicing process by allowing you to create, send, and track invoices effortlessly, reducing administrative overhead and ensuring timely payments.
- Accurate Time Tracking: With precise time tracking features, Elorus helps you monitor project hours accurately, ensuring that billable hours are captured and invoiced correctly, enhancing revenue recognition.
- Expense Management Efficiency: Elorus offers a centralized platform to manage expenses, enabling you to categorize, track, and report expenses with ease, leading to better financial oversight and cost control.
- Improved Cash Flow Management: By automating invoicing and payment reminders, Elorus aids in maintaining a healthy cash flow, minimizing the risk of late payments and enhancing financial stability.
- Enhanced Client Relationships: Professional and timely invoicing, coupled with transparent reporting, fosters trust and strengthens client relationships, leading to repeat business and referrals.
- Comprehensive Reporting: Elorus provides detailed financial reports and analytics, offering insights into business performance and aiding in strategic decision-making.
- Scalability: As your business grows, Elorus scales with you, accommodating increased invoicing, time tracking, and expense management needs without compromising efficiency.
- Time Savings: By automating routine tasks, Elorus frees up valuable time, allowing you to focus on core business activities and strategic growth initiatives.
- Data Security: Elorus ensures that your financial data is protected with robust security measures, safeguarding sensitive information and maintaining client confidentiality.
- Customizable Solutions: Tailor Elorus to fit your unique business needs with customizable templates and settings, ensuring that the software aligns with your operational processes.
- Seamless Integration: Elorus integrates with popular accounting and business tools, streamlining workflows and reducing the need for manual data entry, thus minimizing errors.
- Regulatory Compliance: Stay compliant with tax regulations and financial reporting standards through Elorus's up-to-date features, reducing the risk of penalties and audits.
- Remote Accessibility: Access Elorus from anywhere with internet connectivity, enabling remote work and ensuring that your business operations are not confined to a single location.
- Cost-Effective Solution: By consolidating multiple business functions into one platform, Elorus reduces the need for multiple software subscriptions, offering a cost-effective solution for small to medium-sized businesses.
- Enhanced Collaboration: Elorus facilitates team collaboration by providing shared access to project data, ensuring that all team members are aligned and informed.
- Customizable Templates: Choose from a variety of professional invoice templates and personalize them with your logo, colors, and custom fields.
- Expense Tracking: Easily track and categorize your business expenses, attach receipts, and monitor your spending in real-time.
- Time Tracking: Log billable hours directly within the app, making it simple to convert tracked time into invoices.
- Client Management: Maintain a detailed client database, including contact information, billing history, and notes, all in one place.
- Payment Processing: Accept payments online through various methods such as credit cards, PayPal, and Stripe, directly from your invoices.
- Recurring Invoices: Automate the billing process for regular clients by setting up recurring invoices with customizable schedules.
- Financial Reports: Generate comprehensive financial reports, including profit and loss statements, to gain insights into your business performance.
- Multi-Currency Support: Issue invoices in multiple currencies, accommodating international clients with ease.
- Mobile App: Access all features on the go with the Invoice2go mobile app, available for both iOS and Android devices.
- Invoice Status Tracking: Monitor the status of your invoices, from sent to viewed to paid, ensuring you stay on top of your receivables.
- Estimates and Quotes: Create and send professional estimates and quotes, which can be easily converted into invoices upon approval.
- Tax Calculation: Automatically calculate taxes for your invoices, including VAT, GST, and sales tax, based on your location and client requirements.
- Customer Support: Access dedicated customer support via chat, email, or phone to resolve any issues or get assistance with the software.
- Data Security: Benefit from robust data encryption and secure cloud storage to protect your sensitive financial information.
- Integration Capabilities: Seamlessly integrate with other business tools such as QuickBooks, Xero, and Google Workspace to streamline your workflow.
- Invoicing Automation: Create and send professional invoices with customizable templates and automated reminders for overdue payments.
- Time Tracking: Monitor billable hours with a built-in timer and easily convert tracked time into invoices.
- Expense Management: Record and categorize expenses, attach receipts, and track spending against budgets.
- Client Portal: Provide clients with access to their invoices, payment history, and project updates through a secure portal.
- Recurring Billing: Set up recurring invoices for subscription-based services, ensuring timely and consistent billing.
- Multi-Currency Support: Handle transactions in various currencies, with automatic exchange rate updates.
- Financial Reports: Generate detailed financial reports, including profit and loss statements, to gain insights into business performance.
- Project Management: Organize projects with task lists, deadlines, and team collaboration tools to enhance productivity.
- Payment Integrations: Accept online payments through integrations with popular payment gateways like PayPal and Stripe.
- Customizable Tax Settings: Configure tax rates and rules to comply with local regulations and simplify tax calculations.
- Multi-User Access: Grant different levels of access to team members, ensuring secure and efficient collaboration.
- Mobile App: Manage invoices, track time, and record expenses on-the-go with the Elorus mobile app.
- Data Export: Export financial data to CSV or PDF formats for easy sharing and analysis.
- API Access: Integrate Elorus with other software solutions using its robust API for seamless data exchange.
- Custom Fields: Add custom fields to invoices and client records to capture specific information relevant to your business.
Product Ranking
#2
among all
Invoicing Software
#27
among all
Invoicing Software
Analyst Rating Summary
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User Sentiment Summary
414 reviews
182 reviews
Invoice2go has a 'great' User Satisfaction Rating of 86% when considering 414 user reviews from 2 recognized software review sites.
Elorus has a 'excellent' User Satisfaction Rating of 98% when considering 182 user reviews from 2 recognized software review sites.
Awards
SelectHub research analysts have evaluated Elorus and concluded it earns best-in-class honors for Invoice Management. Elorus stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.
Synopsis of User Ratings and Reviews
Is Invoice2go the "go-to" invoicing software for small businesses, or does it fall short? User reviews from the past year paint a somewhat mixed picture of Invoice2go. While many appreciate its user-friendly interface, especially on the mobile app, and the convenience it offers for creating and sending invoices on the go, some significant drawbacks hold it back from being a top contender. A recurring complaint is the limited functionality of the lower-tier plans. For instance, the Starter plan, while budget-friendly, only allows for two invoices per month, which is insufficient for even the smallest businesses. Users also point out the high transaction fees associated with these lower-tier plans, making them less cost-effective in the long run. The limited integrations with other accounting software are also a major pain point, especially for businesses already using other financial management tools. While Invoice2go excels in simplicity and ease of use, it seems to fall short in providing the comprehensive suite of features and flexibility that growing businesses require.The ideal user for Invoice2go is a freelancer or solopreneur who sends very few invoices and prioritizes simplicity and convenience over a wide array of features. The mobile app's strength makes it perfect for on-the-go invoicing, and the intuitive design ensures a hassle-free experience. However, businesses with higher invoice volumes or those needing robust accounting integrations might find Invoice2go too limiting and may want to explore more comprehensive alternatives like FreshBooks or Zoho Invoice.
Is Elorus truly a glorious solution for invoicing and time tracking? User reviews from the past year overwhelmingly suggest that it is, particularly for freelancers and small businesses. Users consistently praise its intuitive interface, finding it a breeze to create and send invoices, track expenses, and generate reports. This ease of use is a major differentiating factor for Elorus, as many competitors are notorious for their steep learning curves. One user even described it as a breath of fresh air compared to the clunky software they used previously. Users also appreciate the platform's clean and modern design, which stands out in a market often dominated by outdated interfaces.However, some users have pointed out a desire for more customization options, particularly when it comes to invoice templates. While Elorus offers a decent selection, the ability to tweak them further or even apply custom CSS would be a welcome addition. Another minor gripe is the lack of a mobile app, although most users acknowledge that the web-based platform is responsive enough for occasional use on mobile devices. Overall, Elorus is highly regarded for its user-friendliness, comprehensive features, and focus on simplicity, making it an ideal choice for businesses looking to streamline their billing and time-tracking processes without the headache of complex software. Its intuitive design and robust functionality make it particularly well-suited for freelancers, small businesses, and agencies who need a straightforward yet powerful solution to manage their finances and improve cash flow.
Screenshots
Top Alternatives in Invoicing Software
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