Invoice2go vs Square Invoices

Businesses must weigh the advantages of two different invoicing platforms when deciding between Invoice2go and Square Invoices. Both serve independent contractors and small to medium-sized enterprises, although their approaches to functionality and pricing vary depending on particular requirements.

Pricing is the main distinction between Square Invoices and Invoice2go. Startups and freelancers on a tight budget will find Square Invoices’ free plan with basic features attractive. In contrast, Invoice2go offers a 30-day free trial before charging $5.99 per month for the Starter plan. Invoice2go’s processing fees range from 3.5% for the Starter to 2.9% + 30¢ for Premium but Square Invoices’ prices are contingent on the payment gateway utilized which may have an impact on overall expenses depending on the volume of transactions.

When it comes to basic invoicing chores like creating custom templates, creating estimates, processing taxes and setting up automated payment reminders both Invoice2go and Square Invoices perform exceptionally well. Invoice2go is a good choice for service-based companies who bill on an hourly basis because of its strong time tracking and thorough expenditure management. Square Invoices advantages subscription-based businesses by offering periodic invoicing automation even in its free plan but it lacks time tracking and offers minimal expense management. Mileage monitoring is not available on any platform.

Both services easily interface with well-known accounting programs like Xero and QuickBooks Online. While Square Invoices connects with Square’s ecosystem and accepts a variety of payment options including Apple Pay and Google Pay, Invoice2go supports major payment gateways like Stripe, PayPal and Square. While Invoice2go has CRM interfaces with HubSpot and HaystackCRM, Square Invoices has an integrated customer directory. Additionally, both platforms provide access to APIs for unique integrations.

Square Invoices is only available in English which makes it less suitable for international operations while Invoice2go’s multi-currency and localization options are beneficial for companies with foreign clientele.

Despite their higher prices, Invoice2go‘s Professional or Premium plans offer freelancers and consultants monitoring billable hours better value. On the other hand, companies seeking a free solution with necessary functionality ought to think about Square Invoices particularly if they need to bill on a regular basis.