Square Invoices vs Concur Invoice

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Our analysts compared Square Invoices vs Concur Invoice based on data from our 400+ point analysis of Invoicing Software, user reviews and our own crowdsourced data from our free software selection platform.

Concur Invoice Software Tool

Product Basics

Square Invoices is a robust invoicing software designed to streamline billing processes for small to medium-sized businesses. It is particularly well-suited for industries such as retail, services, and hospitality, where efficient payment collection is crucial. The software offers unique benefits like customizable invoice templates, automated reminders, and the ability to accept payments directly through invoices. Users appreciate its intuitive interface and seamless integration with other business tools, enhancing overall productivity. Compared to similar products, Square Invoices stands out for its ease of use and comprehensive feature set, which includes real-time tracking and reporting capabilities. Pricing details are not explicitly available, so it's advisable for users to contact SelectHub for a tailored quote. This ensures businesses can align the software's capabilities with their specific invoicing needs, making it a versatile choice for managing financial transactions effectively.
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Concur Invoice is a sophisticated software solution designed to streamline and automate the invoicing process. It is particularly well-suited for mid-sized to large enterprises across various industries, including finance, healthcare, and manufacturing, due to its robust capabilities in managing complex invoicing tasks. The software offers unique benefits such as reducing manual data entry, enhancing compliance, and providing real-time visibility into financial data. Key features include automated invoice capture, approval workflows, and integration with existing financial systems, which collectively enhance efficiency and accuracy.

Users have praised Concur Invoice for its intuitive interface and powerful analytics, which help in making informed financial decisions. Compared to similar products, it stands out for its seamless integration capabilities and comprehensive support. Pricing details are typically customized based on the specific needs of the business, so it is advisable to contact SelectHub for a tailored quote. This ensures that the solution is both cost-effective and aligned with the organization's requirements.

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$20/Transaction, 2.9% Flat Rate
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Tailored to your specific needs
$465 Monthly, Quote-based
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Tailored to your specific needs
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Product Assistance

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Product Insights

  • Streamlined Payment Process: Square Invoices simplifies the payment process by allowing clients to pay directly through the invoice, reducing the time spent on follow-ups and improving cash flow.
  • Automated Reminders: Set up automatic reminders for unpaid invoices, ensuring timely payments without the need for manual tracking or awkward conversations.
  • Customizable Templates: Create professional-looking invoices that reflect your brand identity with customizable templates, enhancing your business's credibility and professionalism.
  • Real-Time Tracking: Monitor the status of your invoices in real-time, providing you with up-to-date information on which invoices have been viewed, paid, or are overdue.
  • Seamless Integration: Integrate with other Square tools and third-party applications, allowing for a cohesive workflow that saves time and reduces errors.
  • Mobile Accessibility: Manage your invoicing on-the-go with the Square Invoices mobile app, ensuring you can send, track, and manage invoices from anywhere.
  • Secure Transactions: Benefit from Square's robust security measures, ensuring that all transactions are protected against fraud and data breaches.
  • Flexible Payment Options: Offer clients multiple payment options, including credit cards, ACH bank transfers, and more, increasing the likelihood of prompt payments.
  • Detailed Reporting: Access comprehensive reports that provide insights into your invoicing and payment trends, helping you make informed business decisions.
  • No Monthly Fees: Pay only when you get paid, as Square Invoices charges a transaction fee per payment, making it a cost-effective solution for businesses of all sizes.
  • Client Management: Store and manage client information within the platform, streamlining the process of sending repeat invoices and maintaining client relationships.
  • Multi-Currency Support: Send invoices in different currencies, catering to international clients and expanding your business's global reach.
  • Recurring Invoices: Set up recurring invoices for regular clients, automating the billing process and ensuring consistent revenue streams.
  • Instant Notifications: Receive instant notifications when an invoice is viewed or paid, keeping you informed and allowing for prompt follow-up if necessary.
  • Discount and Tax Management: Easily apply discounts and taxes to invoices, ensuring accurate billing and compliance with local regulations.
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  • Improved Efficiency: Automates invoice processing, reducing manual data entry and freeing up time for more strategic tasks.
  • Enhanced Accuracy: Minimizes human errors by automatically capturing and validating invoice data.
  • Faster Approvals: Streamlines the approval workflow, allowing invoices to be reviewed and approved more quickly.
  • Cost Savings: Reduces operational costs by eliminating paper-based processes and decreasing the need for physical storage.
  • Better Compliance: Ensures adherence to company policies and regulatory requirements through automated checks and balances.
  • Real-Time Visibility: Provides instant access to invoice status and financial data, aiding in better decision-making.
  • Vendor Relationships: Strengthens relationships with suppliers by ensuring timely and accurate payments.
  • Scalability: Easily adapts to growing business needs without requiring significant additional resources.
  • Integration Capabilities: Seamlessly integrates with existing ERP and financial systems, ensuring a unified workflow.
  • Environmental Impact: Reduces paper usage, contributing to sustainability efforts and lowering the company's carbon footprint.
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  • Customizable Templates: Tailor invoice templates to match your brand by adjusting colors, logos, and fields.
  • Automated Reminders: Set up automatic reminders to notify clients of upcoming or overdue payments, reducing manual follow-up.
  • Recurring Invoices: Schedule invoices to be sent automatically at regular intervals, perfect for subscription-based services.
  • Multi-Channel Delivery: Send invoices via email or text message, providing flexibility in how clients receive their bills.
  • Real-Time Tracking: Monitor invoice status with real-time updates, knowing when an invoice is viewed or paid.
  • Integrated Payment Options: Allow clients to pay directly through the invoice using credit cards, ACH transfers, or other payment methods.
  • Mobile Accessibility: Create, send, and manage invoices from any device using the Square Invoices app, ensuring business continuity on the go.
  • Detailed Reporting: Access comprehensive reports on invoice performance, helping you analyze payment trends and outstanding balances.
  • Secure Transactions: Benefit from Square's robust security measures, ensuring that all payment data is encrypted and protected.
  • Client Management: Store and manage client information within the platform, streamlining the invoicing process for repeat customers.
  • Discount and Tax Management: Easily apply discounts and taxes to invoices, ensuring accurate billing and compliance with tax regulations.
  • Multi-Currency Support: Issue invoices in different currencies, accommodating international clients and expanding your business reach.
  • Custom Fields: Add custom fields to invoices to capture additional information specific to your business needs.
  • Partial Payments: Allow clients to make partial payments on invoices, providing flexibility in payment terms.
  • Instant Estimates: Convert estimates into invoices with a single click, streamlining the transition from proposal to payment.
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  • Automated Invoice Capture: Utilizes OCR technology to automatically extract data from invoices, reducing manual entry errors.
  • Three-Way Matching: Matches invoices with purchase orders and receiving documents to ensure accuracy and prevent overpayments.
  • Customizable Approval Workflows: Allows businesses to set up tailored approval processes that align with their internal policies and procedures.
  • Mobile Accessibility: Enables users to review and approve invoices on-the-go via a mobile app, enhancing flexibility and productivity.
  • Integration with ERP Systems: Seamlessly integrates with major ERP systems like SAP, Oracle, and Microsoft Dynamics for streamlined data flow.
  • Real-Time Analytics and Reporting: Provides detailed insights into spending patterns and supplier performance through customizable dashboards and reports.
  • Supplier Portal: Offers a dedicated portal for suppliers to submit invoices and track payment status, improving communication and transparency.
  • Compliance Management: Ensures adherence to regulatory requirements and internal policies through automated checks and balances.
  • Multi-Currency and Multi-Language Support: Facilitates global operations by supporting various currencies and languages, making it suitable for multinational companies.
  • Audit Trail: Maintains a comprehensive record of all invoice-related activities, aiding in audits and compliance reviews.
  • Duplicate Invoice Detection: Identifies and flags potential duplicate invoices to prevent duplicate payments.
  • Configurable Invoice Templates: Allows customization of invoice templates to meet specific business needs and branding requirements.
  • Expense Integration: Integrates with Concur Expense to provide a unified platform for managing both invoices and employee expenses.
  • Cloud-Based Solution: Offers the benefits of a cloud-based platform, including automatic updates, scalability, and reduced IT overhead.
  • Role-Based Access Control: Ensures that users have access only to the information and functionalities relevant to their roles, enhancing security.
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Product Ranking

#3

among all
Invoicing Software

#17

among all
Invoicing Software

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Analyst Rating Summary

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Mobile Accessibility
Payment Tracking and Management
Integrations
Vendor Management
Expense Management
Integrations
Mobile Accessibility
Payment Tracking and Management
Platform Capabilities

Analyst Ratings for Functional Requirements Customize This Data Customize This Data

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Client Management Expense Management Invoice Management Payment Tracking And Management Reporting And Dashboards Vendor Management 50 0 69 100 84 85 89 100 91 100 95 100 0 25 50 75 100
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Analyst Ratings for Technical Requirements Customize This Data Customize This Data

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User Sentiment Summary

Excellent User Sentiment 151 reviews
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92%
of users recommend this product

Square Invoices has a 'excellent' User Satisfaction Rating of 92% when considering 151 user reviews from 2 recognized software review sites.

we're gathering data
4.65 (74)
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4.6 (77)
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Awards

Square Invoices stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

No awards.

Synopsis of User Ratings and Reviews

Ease of Use: User reviews praise the intuitive design and straightforward interface, making invoice creation and sending simple, even for users with minimal technical expertise.
Flexible Payment Options: The software accommodates various payment methods, including credit/debit cards, ACH transfers, and mobile wallets like Apple Pay and Google Pay, providing convenience for clients and potentially speeding up payment collection.
Automation for Efficiency: Features like recurring invoices and automatic payment reminders save time and reduce manual effort, allowing users to focus on other aspects of their business.
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Automated Invoice Processing: Concur Invoice can reduce labor costs by 20-30% by automating the invoice processing workflow, including data recognition.
Improved Data Accuracy: The software's high-quality invoice recognition leads to more accurate data extraction and fewer errors compared to manual entry.
Integration Capabilities: Concur Invoice can integrate with other systems, including existing ERP or accounting software, to streamline financial processes.
Customizable Approval Workflows: The software allows businesses to set up customized approval policies to match their internal controls and compliance requirements.
Enhanced Spend Visibility: Concur Invoice provides a centralized platform for managing invoices, giving businesses better visibility into their spending patterns and areas for cost control.
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Limited Customization: User reviews mention limitations in customization options, which might not meet the needs of businesses seeking a higher degree of personalization for their invoices.
No Built-in Expense Tracking: Some users point out the lack of built-in expense tracking, requiring them to use separate software or manual methods for managing expenses.
Mandatory Payment Processing Fees: Square Invoices' requirement of using Square as the payment processor leads to processing fees for each transaction, potentially impacting businesses' profitability.
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User Interface: Many users find the interface confusing and difficult to navigate, which can lead to frustration and decreased productivity.
Support Response Time: Users frequently complain about slow response times from the support team, making it challenging to get timely help with urgent issues.
High Cost: Some users, especially those in smaller businesses, find the cost of SAP Concur to be high compared to its benefits.
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Is Square Invoices on the level when it comes to invoicing solutions? User reviews from the last year reveal a bit of a mixed bag, with some users singing its praises while others point out its shortcomings. Many users, especially those new to invoicing software or running smaller operations, find Square Invoices incredibly user-friendly. One user even compared the process to sending a text message, stating, "All you do is put in the customer's name and email, and the dollar amount, and then you can either email it to them, or even more conveniently you can copy a link to the invoice and text that to them." This straightforward approach is a major selling point for busy freelancers and small business owners who value efficiency. However, the simplicity that some users love is also a double-edged sword. Several users have expressed frustration with the limited customization options, particularly in the free version. While the paid "Plus" plan offers more flexibility, the $20 monthly fee is a sticking point for some, especially when compared to competitors like FreshBooks, which offer similar features at a lower cost. Another common gripe is the mandatory use of Square for payment processing, which can lead to significant fees for businesses with high transaction volumes. For example, a business processing $30,000 in invoices would incur fees of $870, which could significantly impact profitability. In essence, Square Invoices is like a reliable but basic toolbox – perfect for simple tasks but ill-equipped for more complex projects. It's a great fit for small businesses and freelancers already entrenched in the Square ecosystem, especially those who prioritize ease of use and seamless integration. However, businesses seeking advanced customization, lower processing fees, or robust reporting features might want to explore other options. It's like choosing between a basic wrench set and a professional toolkit – the best choice depends on the job at hand.

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Is Concur Invoice worth concurring with? While Concur Invoice has garnered praise for its robust features and ability to streamline complex financial processes, a recurring theme in user feedback highlights a disparity between its potential and practical user experience. A significant strength of Concur Invoice is its comprehensive suite of features, encompassing expense tracking, travel management, and invoice processing. Users particularly appreciate the platform's automation capabilities, such as automated invoice processing and expense approvals, which significantly reduce manual effort and minimize errors. However, this strength is counterbalanced by a common complaint regarding the platform's user interface, which many users describe as confusing and cumbersome. For instance, users have reported difficulties navigating the platform's menu structure and finding specific functions, hindering the software's overall usability. This complexity is further exacerbated by reports of slow customer support, leaving users grappling with issues that could be readily addressed with more responsive assistance. Ultimately, Concur Invoice appears best suited for larger enterprises with dedicated IT resources and a higher tolerance for complex software. While the platform's comprehensive features and automation capabilities can be highly beneficial, the challenging user interface and inconsistent customer support might pose significant hurdles for smaller businesses seeking a more intuitive and user-friendly experience.

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