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RANKINGS/SAAS/INVOICING TOOLS FOR FREELANCERS

Top 10 Invoicing Tools for Freelancers

10 ranked on capability, adoption, value, momentum and trust, with a plain verdict on every entry.

UPDATED LISTER SCORE · UPDATED REGULARLY
FreshBooks leads for established freelancers seeking integrated invoicing and accounting. Wave suits new freelancers wanting professional invoicing free of charge. HoneyBook excels for creatives who need beautiful client-facing documents bundled together.
RANKENTRYSCORETRENDFROM
1FreshBooksTime tracking integrates directly with invoice creation for seamless billing95.0NEW£19/month
2WaveUnlimited invoices and clients with no subscription fees92.5NEWFree
3BonsaiAutomatic invoice generation from tracked hours across entire platform90.0NEW£15/user/month
4HoneyBookBundles proposal, contract, and invoice into a single interactive package87.5NEW£29/month
5Zoho InvoiceFree plan includes project management and 500 invoices annually85.0NEWFree
6Invoice NinjaFree plan includes time-tracking, Kanban boards, and expense tracking82.5NEWFree
7PlutioTracked hours convert into invoice line items without requiring export80.0NEW£19/month
8Square InvoicesNo monthly subscription fee for invoicing; charges only on payment processing77.5NEWFree
9HelcimOffers surcharging and convenience fees completely free to offset payment costs76.0NEWFree
10IndyNewer platform with growing integration ecosystem and comprehensive feature set74.0NEWFree
LAST UPDATED 2026-07-20CURATED · UPDATED REGULARLY

The ranking, in detail

01

FreshBooks

Complete invoicing and accounting for growing freelancers

FreshBooks is a comprehensive invoicing and accounting platform that integrates time tracking directly with invoice creation. Designed for established freelancers billing £3,000–£20,000 per month, it combines professional invoicing with light accounting features, making it ideal for those seeking to scale their business.

From £19/monthBest for Established freelancers who want invoicing, accounting, and time tracking
95.0
02

Wave

Professional invoicing at zero subscription cost

Wave offers unlimited invoices for unlimited clients with recurring billing and automatic payment reminders, all completely free. It is the ideal choice for new freelancers who want professional-grade invoicing without subscription costs. Payment processing is available for 2.9% + £0.30 per card payment.

From FreeBest for New freelancers who want professional invoicing at zero cost
92.5
03

Bonsai

All-in-one platform combining contracts, proposals, and accounting

Bonsai combines invoicing with contracts, proposals, tax tools, and accounting in a single platform. Automatic invoice generation from tracked time eliminates manual billing steps. It suits freelancers who need to manage their entire business lifecycle from proposal through payment.

From £15/user/monthBest for Freelancers needing contracts, proposals, tax tools, and accounting together
90.0
04

HoneyBook

Beautiful, all-in-one client experience from inquiry to payment

HoneyBook bundles proposals, contracts, and invoices into single interactive packages, creating a seamless client experience. Designed for creative professionals, it emphasizes aesthetics alongside functionality. The Starter plan costs £29 per month when billed annually.

From £29/monthBest for Creative professionals wanting beautiful, integrated client-facing documents
87.5
05

Zoho Invoice

Strong value invoicing and accounting for freelancers

Zoho Invoice is a free invoicing and accounting tool that includes project management capabilities. The free plan allows two users, three projects, and up to 500 invoices per year. It delivers exceptional value for freelancers and small businesses seeking comprehensive invoicing features without cost.

From FreeBest for Freelancers seeking professional invoicing with project management features
85.0
06

Invoice Ninja

Professional-grade invoicing without financial constraints

Invoice Ninja offers professional invoicing with time-tracking, projects, Kanban boards, and expense tracking all included in the free plan. No credit card is required to get started. It suits freelancers and companies seeking advanced invoicing capabilities without subscription costs.

From FreeBest for Freelancers wanting professional features including time-tracking and Kanban boards free
82.5
07

Plutio

Invoicing integrated with proposals, time tracking, and client portal

Plutio connects invoicing with proposals, time tracking, and client portals at a flat rate of £19 per month. Tracked hours automatically convert into line items within the same platform, eliminating the need to export and reimport data manually.

From £19/monthBest for Freelancers needing seamless connection between time tracking and invoicing
80.0
08

Square Invoices

Invoice and payment processing without monthly subscription fees

Square Invoices requires no monthly subscription fee for basic invoicing. Payment processing fees apply only when clients pay online. It is ideal for freelancers already using Square for in-person payment processing who want to extend those capabilities to remote clients.

From FreeBest for Freelancers already using Square or doing both in-person and remote work
77.5
09

Helcim

Payment processing with surcharging features, no subscription fees

Helcim offers invoicing and payment processing with no subscription fees. It uniquely allows freelancers to pass credit card fees to customers through surcharging and convenience fees at no additional cost. It suits freelancers particularly concerned about transaction costs.

From FreeBest for Freelancers concerned about payment processing fees
76.0
10

Indy

One tool covering proposals, contracts, time tracking, and invoicing

Indy is a newer platform offering a free plan with limited features and a Pro plan at £12 per month billed annually. It combines proposals, contracts, time tracking, invoicing, and a basic client portal. It suits solo freelancers seeking a comprehensive business management solution.

From FreeBest for Solo freelancers wanting one platform covering proposals through invoicing
74.0

Frequently asked questions

What is the cheapest invoicing tool for freelancers?

Wave, Zoho Invoice, Invoice Ninja, Square Invoices, Helcim, and Indy all offer free invoicing plans. Wave and Invoice Ninja offer the most comprehensive free features, including unlimited invoices and clients. However, the cheapest truly unlimited paid option is Indy Pro at approximately £12 per month billed annually.

Which invoicing tool includes time tracking?

FreshBooks, Bonsai, Invoice Ninja, Plutio, and Indy all include integrated time tracking. FreshBooks integrates time tracking directly with invoice creation, whilst Plutio automatically converts tracked hours into invoice line items without requiring export steps.

Can I use these invoicing tools for free without limitations?

Wave and Invoice Ninja offer the most generous free plans with no client or invoice limits. However, Zoho Invoice (free tier limited to 500 invoices yearly) and Indy (free tier with limited features) have restrictions. Most paid tools offer free trials, and all listed platforms provide at least a basic free option.