Not all digital business tools require a subscription. Some of them are available free of cost, allowing you to upgrade from manual to digital processes. These are, especially best for freelancers and small business owners who may not have enough resources to invest in such software. One of the most popular tool is invoicing software. Free of cost, this software is a blessing for business owners who grapple with managing their bills, expenses, projects, etc. with limited resources. Here is a list of advantages that you can accrue when you adopt a free invoicing software.

  1. Simplified and quick invoicing: Even if you do not handle a lot of projects, nevertheless the billing process can get confusing. Especially, if your business is new and your clients or consumers expect a certain kind of invoice. The core benefit of adopting this digital business tool is that it simplifies the process of invoicing. The pre-designed templates, which in some cases are customizable make recording of invoices a task that can performed by anyone with a little training. The customization allows you to add your brand logo and name, which will give each of your invoices a more professional touch. You can setup invoice alerts and reminders that will notify you in case a payment is made or pending.
  2. Simplified expense management: Now, invoicing software free of cost does not just provide you with a digital medium to record, track and manage your invoices, but also your expenses. In your business, you must be spending money to run it. This can include salaries of staff to daily functioning expenses. Any business owner knows that it is equally important to manage your expenses. This software allows you to do just that. Just like recording invoices, you will have pre-designed expense trackers that let you record these expenses. While recording, you will be able to attach the available proof i.e. receipts. This is thanks to the OCR Scanners that automatically scan the receipt and add it to the expense library. So you will never misplace any receipt and hence face little issues during reimbursement.
  3. Simplified project management: To bill properly, you need to also manage your projects and the time taken in those projects. This function also is possible in invoicing applications. So, you can keep a clear record of the projects, timelines, objectives, resources, etc. right from this software. It may also help you in client conversions by providing tools to draft a proposal with necessary attachments such as objectives, staff requirements, time updates, resources required, and so on. You will be able to assign specific tasks to your employees and check if the tasks have been completed within the stipulated period. And of course, if the task has taken more time, then what it was billed for, you can bill again with the proof.

Conclusion
Small business owners and freelancers can really benefit from free invoicing software. Free to download and use, these are perfect to update your manual accounting processes to simplified and efficient digital ones.