As a small business owner or consultant, you want a cheap and easy way to send invoices to your clients. Wave is one of many great applications that will help you do this. I use Wave almost exclusively to bill my service clients and I believe it's one of the better apps I've used to do it.
How Wave's Invoicing Software Works
Wave's invoicing application allows you to set up invoices quickly and easily. It's very much a point-and-click, drag-and-drop interface that anyone can pick up and start using immediately
Wave Recurring Billing For Repeat Customers
Wave is also great if you charge a monthly retainer to clients as it allows you to send recurring invoices automatically. You can schedule automatic credit card and bank payments for your repeat customers instead of chasing payments.
Wave Helps With Bookkeeping
All your invoicing and payment information automatically syncs with the free accounting software in your Wave account.
Wave Payment Notifications
You will know when an invoice is viewed, becomes due, or gets paid, so you can take the right actions to manage your cash flow.
Wave Provides Customer Statements
Create a summary of invoice and payment information for any customer—and send it over for payment with a click.
Write Your Business Proposal In Wave
One of my favorite features Wave provides is the ability to write a business proposal right inside the app. This is perfect for when I deal with clients that are a bit more tech savvy. I can create the business proposal, send it, and get their approval to commence work all online without having to deal with other applications.
Is Wave Really 100% Free?
Sort of. The software is 100% free to use forever. Where Wave makes its money is in charging you a service fee to process your clients' payments and additional accounting services they offer on top of the software.
Other Features Wave Provides 100% Free
Invoice in any currency
Quickly send estimates and turn them into invoices upon approval
Send statements to follow up on overdue customer accounts
Accept credit cards and bank payments to get paid automatically
Schedule recurring invoices to automate your billing
Personalize your invoices with a choice of professional invoice templates that will include your branding
iOS and Android enabled apps for sending invoices on the go
Send invoices using Wave, Gmail, and Outlook
Know when your invoices are viewed
Set automatic payment reminders to nudge your customer to pay on time
Why I Use Wave For My Service Clients And Not For My Product Sales
The features I discused above really speak for themselves. At the end of the day, Wave takes me out of the equation. Once I have recurring invoices set up, I can turn them on and let Wave's system do all the grunt work for me. The convenience and ease of use make Wave a no brainer for a small business.
I don't use Wave to bill clients who buy my products because I believe systems like Stripe and PayPal integrate better into the eCommerce platforms that I use to serve my customers.
In the end, I'd recommend Wave to anyone who needs to set up a quick and easy system to bill clients for services on a regular basis.
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