Two invoicing platforms that serve independent contractors and small businesses with different business models, stages of development are Bloom and Invoice2go. They differ in their pricing, team management and sophisticated features.
Custom templates, estimates, expense tracking, tax handling are among the invoicing features provided by Bloom and Invoice2go. Bloom offers recurring billing automation for all paid tiers whereas Invoice2go only offers it for Premium plans.
In contrast to Bloom’s pricing strategy, Invoice2go offers a 30-day trial and higher payment processing fees, starting at $5.99/month and going up to $39.99/month. Bloom offers a free plan for new businesses and freelancers on a tight budget.
All of Invoice2go’s plans include an unlimited number of team members which makes it affordable for agencies. In contrast to Bloom, which limits team access to individual users, Invoice2go’s Professional plan is incredibly beneficial.
Bloom concentrates on project management and client communication while Invoice2go provides sophisticated financial management features like bank connections, pre-built reports and the ability to create custom reports.
While Invoice2go concentrates on particular CRM partnerships and payment processing, supports PayPal directly, it lacks Bloom’s extensive ecosystem. Bloom is an expert in CRM integrations.
While Invoice2go offers a 30-day trial period for a comprehensive platform evaluation, Bloom offers monthly cloud storage ranging from 100GB to 2TB.
Invoice2go is best suited for expanding teams with unlimited users and sophisticated financial management while Bloom is best suited for independent contractors, startups due to its free access, integrations and reduced transaction fees.
| Bloom | Invoice2go | |
|---|---|---|
| Core Features | ||
| Custom Templates | Multiple portfolio and invoice templates available | Multiple customizable templates with logo design |
| Send Estimates/Quotations | Yes | Yes |
| Recurring Billing Automation | Yes | Yes (Premium plan only) |
| Expense Tracking | Yes | Yes |
| Time Tracking | Yes | Yes |
| Mileage Tracking | No | No |
| Automated Payment Reminders | Yes | Yes |
| Project-Based Billing | Yes | Yes |
| Tax Handling | Yes | Yes |
| User Permissions/Role Management | Yes | Yes (unlimited team members) |
| File Uploads | Yes | Yes |
| Pricing and Plans | ||
| Free Plan Availability | Yes | No (30-day free trial only) |
| Pricing Range | Starter: $9/month, Standard: $22/month, Plus: $39/month | Starter: $5.99/month, Professional: $9.99/month, Premium: $39.99/month |
| Trial Period | 7 days | 30 days free trial |
| User Limits | Starter: 1 user, Standard: 1 user, Plus: unlimited users | Unlimited team members on all plans |
| Client Limits | Not explicitly limited | Unlimited on all plans |
| Storage Limits | Starter: 100 GB/month, Standard: 1 TB/month, Plus: 2 TB/month | Not specified |
| Payment Processing Fees | Credit Card (Stripe): 2.9% + $0.30, American Express: 3.4% + $0.30, ACH: 0.8% | Starter: 3.5%, Professional: 3.0%, Premium: 2.9% + $0.30 |
| Ease of Use | ||
| User Interface | Simple and elegant design | Simple |
| Onboarding Experience | Yes | Yes |
| Mobile App Availability | Yes | Both iOS and Android |
| Mobile App Functionality | Project Management, Workflows, Instant Booking, Client Communication | Full invoicing, time tracking, payment management |
| Integration | ||
| Payment Gateways Supported | Stripe, Square, Alternative Payment Methods | Stripe, PayPal, Square, credit/debit cards |
| Accounting Software Compatibility | QuickBooks, Xero | QuickBooks, Xero (Professional and Premium) |
| CRM Integration | Zapier, Direct Integrations, Calendar Sync, Website Embeds | HubSpot CRM, HaystackCRM |
| API Availability | Yes | Yes |
| Reporting & Analytics | ||
| Bank Connections | No | Yes (Invoice2go Money Banking) |
| Pre-Built Financial Reports | No | Yes (Professional and Premium) |
| Custom Report Creation | No | Yes |
| Security & Compliance | ||
| Dashboard Metrics | Yes | Yes |
| Data Encryption | Yes | Yes |
| GDPR Compliance | Yes | Yes |
| Backup Options | No | Automatic |
| Customer Support | ||
| Support Channels | Chat, Email | Email, Phone (Premium plan) |
| Help Center/Knowledge Base | Yes | Yes |
| 24/7 Support | No | 24-hour support Mon-Sat (Premium plan) |
| Adaptability | ||
| Multi-Currency Support | Yes | Yes |
| Localization | Yes | Yes |
| Industry-Specific Customization | Yes | Yes |
| Scalability | Freelancers to Small-Medium Agencies | Freelancers to Medium Businesses |
| Read Bloom Review | Read Invoice2go Review |
