Invoiceonline.com vs Truly Small

Although both Invoiceonline and Truly Small are lightweight invoicing solutions made for independent contractors and small businesses, a closer look reveals that they differ greatly in terms of features, cost and usability.

Twelve document types, recurring billing, expense tracking, automated payment reminders, tax handling and multi-currency support are just a few of the crucial features offered by Invoiceonline. But it doesn’t track time or mileage which could be important for field service workers and consultants. Truly Small is more appropriate for teams with intricate workflows since it provides project-based billing, user permissions, file uploads and time tracking support. Although automated reminders and multi-currency support are supported by both platforms, Truly Small’s extra features increase its versatility.

Cost-conscious consumers find Invoiceonline appealing because it offers affordable plans starting at $2.99/month with a 35-day free trial. Truly Small charges $8.99 per month for invoicing and expense tracking and $20 per month for complete accounting, plus transaction fees using a modular pricing model that may result in increased costs. Although Truly Small enables users to only pay for what they require using multiple modules can result in a significant increase in costs.

Truly Small and Invoiceonline both offer user-friendly mobile apps and user interfaces. While Truly Small only provides basic guides for users who require more help, Invoiceonline offers thorough onboarding. Unlike Truly Small which only offers basic invoicing features, the Invoiceonline app offers complete functionality.

Although both platforms have limited integration capabilities, they both provide basic payment processing via PayPal and Stripe. In addition to supporting bank connections for financial reporting a feature that Invoiceonline lacks—Truly Small offers extra features like DocHub and CSV/Excel export for accounting. Both services offer automatic data backups and pre-made financial reports.

Similar security features such as data encryption, GDPR compliance and automatic backups are offered by both services. However, they are not appropriate for people who need continuous support because they only offer email support and are not available around-the-clock.

For easy, low-cost and extended trial invoicing, Invoiceonline.com is the best option for independent contractors and small enterprises who value affordability. If you require flexibility with project-based pricing, team permissions and bank connections choose Truly Small; despite being more costly, it provides a modular structure ideal for expanding microbusinesses.