Time tracking and invoicing software can make running your business so much easier. What you would originally have to do manually can be done quickly and efficiently through helpful software. Not only does this software make your life easier, but it also helps increase productivity within the work environment. There are so many great options when it comes to time tracking and invoicing software. Here are the pros and cons of the top six best time tracking and invoicing software.

Top 6 Best Time Tracking and Invoicing Software

  1. Bonsai – Best For Its Robust Trackers
  2. Harvest – Best Time Tracking and Invoicing Software for Beginners
  3. Hubstaff – Best All-In-One Time Tracking and Invoice Software
  4. TimeCamp – Best Free Time Tracking and Invoice Software
  5. Toggl – Best Time Tracking and Invoicing Software for Businesses of All Sizes
  6. DeskTime – Best Time Tracking and Invoicing Software for Boosting Productivity

#1.   Bonsai – Best For Its Robust Trackers

Best Time Tracking and Invoicing Software

PRICING: The starting price of this software is $24 every month. You will also get a trial period of seven days with each premium package.

Bonsai has excellent time-tracking features for offering clients a seamless experience. The software will record your income and expenses to maintain a record of profit and loss. It will also track your billing and unbilled hours using the automatic timer.

These metrics will then be used to generate automatic invoices for each client. You can also create an invoice yourself using various templates that Bonsai offers. The best thing is that all the templates are customizable if you want to add special terms.

For example, you may want to allow a specific client to pay in installments. Bonsai will allow the clients to pay 10%, 25%, 50%, and 100% of the invoice amount. This will make it easy for you to receive payments if the customer cannot pay the entire amount at once.

KEY FEATURES:

  • Allow your customer to pay recurring invoices at a weekly, monthly, or quarterly rate
  • Set payment reminders to ensure the customer never forgets to pay you
  • Receive money without any penalties by the platform, such as a commission charge by Bonsai
  • Automate the addition of late fees to the invoices

REASONS TO BUY:

  • Simple interface
  • Suitable for all types of audiences
  • Integrates the payments with your accounting
  • You can track incoming cash flow to understand your profit

REASONS TO AVOID:

  • The starting price may seem high to some people
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#2. Harvest – Best Time Tracking and Invoicing Software for Beginners

PRICING: $12-99 a month + $10 per user

Harvest is a great time tracking and invoicing tool if you’re a beginner. It has a very simple design and is easy to navigate. Harvest allows you to track your time on any browser and devices such as Mac, iPhone, and Android. You’ll receive real-time reports that make it easy to get the job done and invoice your clients. You’ll be able to see where your team is spending their time and manage your company’s time better. Harvest has three different plans. The first plan is the Solo plan and it allows up to three users. This one is $12 a month + $10 per user. The second plan is the Basic plan which allows five to nine users. The first five users pay $49 per month and every additional user pays $10 per month. The business plan is the largest plan and it allows 10+ users. The first 10 users will pay $99 a month and every additional user pays $10 a month. Over 70,000 companies use Harvest to manage their company time and invoices. If you’d like to try it out, Harvest offers a 30 day free trial to see if it’s a good fit for your business.

KEY FEATURES:

  • Start and stop timers
  • Track time from desktop and mobile apps
  • Integration with your other tools
  • Create and send invoices

REASONS TO BUY:

  • 30 day free trial
  • Easy to use
  • Simple design

REASONS TO AVOID:

  • App is basic and lacks features that the website offers
  • Doesn’t support integration with some apps or websites

#3. Hubstaff – Best All-In-One Time Tracking and Invoicing Software

PRICING: $0-12.50 a month per user

Hubstaff does it all when it comes to work management. Not only does this software allow you to track time and send invoices, it also offers advanced features such as employee monitoring, workforce management, and agile project management. Hubstaff helps monitor your employees by GPS tracking and software that can report where their time is spent while working. Workforce management with Hubstaff includes employee scheduling and payroll tracking. There are many agile project features such as sprint management and automated stand-ups. Hubstaff has a lot of different plans available within the three main tiers. The three main tiers are Time, Desk, and Field. Both Time and Desk tiers offer a free version with limited features. You can purchase Time or Desk Starter for $5.83 a month per user and Time or Desk Pro for $8.33 a month per user. The Field tier costs $10 a month per user and offers a special plan that combines the Field and Desk tiers. Hubstaff does offer a 14 day free trial and a 60 day money back guarantee.

KEY FEATURES:

  • Time tracking
  • Timesheets
  • Time clock
  • Employee monitoring
  • GPS tracking
  • Scheduling
  • Payroll
  • Invoicing
  • Work orders
  • Sprint management

REASONS TO BUY:

  • 14 day free trial
  • 60 day money back guarantee
  • Two months free when you pay annually
  • Many helpful advanced features

REASONS TO AVOID:

  • Interface isn’t very user-friendly
  • May take a bit to learn how to use all the features

#4. TimeCamp – Best Free Time Tracking and Invoicing Software

PRICING: $0-9 a month per user

TimeCamp is a great option if an expensive time tracking and invoicing software just isn’t in the budget. TimeCamp offers a completely free version that still has tons of necessary and helpful features for your business. The free version allows unlimited users, unlimited projects, unlimited tasks, and access to the app for desktop and mobile. If you’d like to upgrade from the free version, TimeCamp offers Basic and Pro tiers. The Basic tier costs $6.3 a month per user and unlocks access to advanced features such as hiding time from users, unlimited integrations, team productivity tracking, and more. The Pro tier costs $9 a month per user and equips your business with even more features like screenshots, invoicing, 2-factor authentication, and more. TimeCamp works on desktop, mobile, and Google Chrome. Thousands of businesses have used TimeCamp and the software has thousands of five-star reviews.

KEY FEATURES:

  • One-click timesheet approval
  • Reports
  • Billing
  • Budget monitoring
  • Customization
  • Integrations

REASONS TO BUY:

  • Free plan
  • Affordable
  • Large amount of features
  • Easy to use

REASONS TO AVOID:

  • Loading time is slow
  • Mobile app could be upgraded

#5. Toggl – Best Time Tracking and Invoicing Software for Businesses of All Sizes

PRICING: $0-18 a month per user

Whether you’re a freelancer or a large company, Toggl has a plan for you. Even the Free plan specifically built for freelancers is loaded with features that take the stress off of you. The Free plan allows up to five users and unlimited time tracking, projects, clients, and tags. It also comes with exportable reports, personal desktop activity tracking, 100+ tools, and more. The Starter plan is best for small businesses and costs $9 a month per user. Everything from the Free plan is included in the Starter plan plus more features like time rounding, saved reports, project templates, and more. The Premium plan is $18 a month per user and includes everything from the first two plans plus project forecasts, team time tracking reminders, single sign-on, and more. This plan is best for growing businesses. For even larger businesses, an Enterprise plan is available. Toggl has increased profitability and efficiency of over 70,000 businesses and can do the same for you.

KEY FEATURES:

  • One-click timers
  • Calendar integrations
  • Auto tracker
  • Detailed reports
  • Time rounding
  • Project tracking
  • Time audits
  • Mobile and desktop apps

REASONS TO BUY:

  • Free 30 day trial
  • Large amount of features
  • Easy to use
  • Flexible

REASONS TO AVOID:

  • No invoicing
  • Desktop app could be better

#6. DeskTime – Best Time Tracking and Invoicing Software for Boosting Productivity

PRICING: $0-20 a month per user

DeskTime is an automatic time tracking and invoicing software that has helped over 18,000 companies boost their productivity. DeskTime offers four different tiers of their service. The first tier is the Lite tier which allows you to enjoy a limited amount of DeskTime features for free. One user can use this plan and use the automated time tracker, app tracking, web timer, and the mobile app. The next tier is the Pro tier which costs $7 a month per user and includes all of the Lite features plus productivity calculation, idle time tracking, and project time tracking. The most popular tier is the Premium tier that costs $10 a month per user and adds advanced features such as automatic screenshots, invoicing, shift scheduling, and more.

KEY FEATURES:

  • Automatic time tracking
  • Cost calculation
  • Mobile app
  • Screenshots
  • Pomodoro timer
  • Integrations
  • Invoicing
  • Custom reports

REASONS TO BUY:

  • Free version
  • 14 day free trial
  • Large amount of features

REASONS TO AVOID:

  • No GPS tracking

References & Links:

  1. https://www.getharvest.com
  2. https://hubstaff.com
  3. https://www.timecamp.com
  4. https://toggl.com
  5. https://desktime.com