5 Best Project Management Software with Invoicing Features
While effective project management is important for any business, nor can one always stick to simply tracking tasks and their deadlines. Many businesses also have to deal with invoicing as part of project management. Where invoicing is dealt with alongside active projects, there is a need for such project management software with invoicing. These tools help you to carry out your projects and your billing all in one place for efficiency, time and tamper proofing.
In respect to the title of this post, you will indeed find some of the best project management software with invoicing, which will help you keep your business organized with much more ease.
1. Monday.com
Monday.com is one of the most popular online project management software due to its simple yet easy-to-use interface and custom features. While it focuses on task management, it can also include built-in invoicing because of third-party integrations like PayPal and Stripe. You can easily track project progress and task assignment and manage payments with more ease.
Features
Intuitive interface, easy to handle by teams of any size. It provides customizable dashboards for tracking invoices and payments. It integrates with multiple payment gateways. CONS Invoicing is possible only with third-party apps, and extra costs may arise.
2. Zoho Projects
Zoho Projects is integrated with the whole Zoho ecosystem of business tools, including invoicing to project management. This tool allows you to manage projects while keeping in track of billable hours, generating invoices, and even managing client payments. An all-in solution that is suitable for small to medium-sized businesses.
For businesses managing both projects and invoicing, efficient tools are essential to keep finances organized. Alongside this, navigating regulatory requirements can be simplified with services like Singaporean GST application made easy. Streamlined GST registration ensures compliance without disrupting core operations, allowing businesses to maintain focus on project delivery while adhering to tax obligations seamlessly.
Features
- Invoicing and project management combined in one place
- Time-tracking feature for the correct billing of clients
- Syncs with Zoho Invoice to manage your finances with ease. Disadvantage: Interface could get cluttered, especially for beginners.
3. Wrike
Wrike is another strong work management tool that offers project management together with invoicing features. In Wrike, the team is able to track time and expenses for a particular project, which makes things a lot easier when creating an invoice. With its integration with QuickBooks or Xero, Wrike seamlessly turns task management into a billing system.
Features
- Has time-tracking and expense management features.
- Integrates with major accounting software like QuickBooks.
- Has detailed reporting tools on invoicing and payments.
Drawback
Wrike can be a bit pricey, especially for small teams.
4. Teamwork
Teamwork is a project management software platform specifically built with client work in mind. As such, the strong suits of Teamwork are invoicing. You easily track billable hours within the same platform, create invoices, and manage your clients’ payments. Teamwork has further integrations with QuickBooks and Xero for deeper financial management.
Features
- Invoicing right within the simplicity of the platform
- Thorough billable hours and project cost reporting
- Integration with popular accounting services
Drawback
Advanced invoicing features are locked behind more costly plans.
5. Trello
Trello is popular for its minimalist, Kanban-style project management system, but thanks to Power-Ups, Trello’s integrations, it offers invoicing too. While not as fleshed out as the other tools on this list, Trello can integrate with services such as Planyway or Invoice Ninja to build and track invoices alongside your project boards.
Features
- Visually-oriented project management platform
- Flexible Power-Ups let users add invoicing functionality
- Perfect for smaller teams or solo freelancers
Drawback
It allows limited native invoicing without third-party integrations through Power-Ups.
Conclusion
Save your business both time and money by selecting the right project management tool that provides invoicing features. Whether you are looking for a simple solution like Trello or an advanced system like Wrike or Zoho Projects, there is something to suit every type of business. Dive Into the Project Manager’s Toolkit and select the top pick for your needs to help streamline projects and keep your billing process in order.
With the right software, you can organize tasks, track billable hours, and manage client payments all from a single, user-friendly platform. It’s time to make life easier for yourself and truly focus on what you’re good at.