Xero Alternatives
Seven invoicing tools compared with Xero, described from each vendor's own pages.
Quick Verdict
Billed publishes this page, so weigh its own entry accordingly. Every tool here lists invoicing and online payments on its own pages. The tools after Billed are listed alphabetically and aren't ranked: compare each one's pages with the work you do, and check each vendor's current pricing before you switch.
Billed publishes this page, and Billed is one of the alternatives on it. Every statement about another product comes from that vendor's own website, checked on October 30, 2026, and the sources are listed at the end of the page. Billed is listed first; the other tools follow in alphabetical order and aren't ranked.
Xero's US homepage calls Xero "Accounting Software for Small Businesses" and lists "Send Invoices", "Accept Payments", "Pay Bills", "Bank Reconciliation" and "Send Quotes". Its invoicing page says "Xero emails payment reminders for you, before or after the due date." Its quotes page says "Convert quotes to invoices with a click".
Xero's US pricing page lists its plans and a current offer. See Xero's pricing page for current prices.
What to compare
- You mainly use Xero to send invoices and take payments, and want to compare how each tool handles those
- You want to see how other tools handle recurring invoices and payment reminders
- You want to compare plans and pricing before your next Xero renewal
Xero Alternatives at a Glance
| Tool | Price (as listed) | Free plan | Bank import | Estimates / quotes |
|---|---|---|---|---|
| Billed | Free $0/mo; Pro $10/mo or $99.99/yr; Premium $25/mo or $250/yr | Yes: Free plan, $0/mo | — | Yes, on all plans |
| Bonsai | Essentials $25/user/mo, or $19/user/mo paid annually; invoicing starts on this plan | — | — | — |
| FreshBooks | Lite $23/mo (USD); offer shown: $4.60/mo for 4 months | — | Yes (bank reconciliation) | Yes, all plans (proposals from Plus) |
| QuickBooks | Simple Start $38/mo; offer shown: $19/mo for 3 months | Yes: QuickBooks Free, $0/mo | Yes (automated bank feeds) | Yes (proposals too) |
| Wave | Starter $0; Pro $190 USD/yr, billed annually | Yes: Starter, $0 | Pro plan | Yes, unlimited |
| Zoho Invoice | Free | Yes: free | — | Quotes |
Xero alternatives compared by price (as listed), free plan, bank import and estimates / quotes, as each tool's own website stated them on November 4, 2026.
Billed
- Price (as listed)
- Free $0/mo; Pro $10/mo or $99.99/yr; Premium $25/mo or $250/yr
- Free plan
- Yes: Free plan, $0/mo
- Bank import
- —
- Estimates / quotes
- Yes, on all plans
Bonsai
- Price (as listed)
- Essentials $25/user/mo, or $19/user/mo paid annually; invoicing starts on this plan
- Free plan
- —
- Bank import
- —
- Estimates / quotes
- —
FreshBooks
- Price (as listed)
- Lite $23/mo (USD); offer shown: $4.60/mo for 4 months
- Free plan
- —
- Bank import
- Yes (bank reconciliation)
- Estimates / quotes
- Yes, all plans (proposals from Plus)
QuickBooks
- Price (as listed)
- Simple Start $38/mo; offer shown: $19/mo for 3 months
- Free plan
- Yes: QuickBooks Free, $0/mo
- Bank import
- Yes (automated bank feeds)
- Estimates / quotes
- Yes (proposals too)
Wave
- Price (as listed)
- Starter $0; Pro $190 USD/yr, billed annually
- Free plan
- Yes: Starter, $0
- Bank import
- Pro plan
- Estimates / quotes
- Yes, unlimited
Zoho Invoice
- Price (as listed)
- Free
- Free plan
- Yes: free
- Bank import
- —
- Estimates / quotes
- Quotes
A dash (—) means the tool's own pages didn't state it when they were checked.
Not in the table, because their own pages didn't state any of these when checked: Sage. See the tool details below.
Tool details
Billed
Billed publishes this page. Billed's invoice software page says "Billed keeps invoicing, estimates, expenses, time tracking and reports in one account." For payments, it says "Connect your Stripe account and every invoice you send gets a pay button, so clients can pay by card." and "Connect PayPal to add a PayPal option as well." For repeat billing, the same page says "Choose the billing frequency (daily, weekly, monthly or yearly)" and "Payment reminders can be customized." Billed's features page says "Easily create invoices for the tracked time and get paid." and "Manage your flat rate projects and create Invoice at any stage of the project." For teams, the invoice software page says "Invite your team, accountant or contractors and give them permissions in your account." Billed's mobile app page says "Billed for iOS and Android syncs with the web dashboard in real time". For Billed's plans, see Billed's pricing page.
- Card payments through Stripe, with PayPal as a second option
- Recurring invoices and customizable payment reminders
- Invoices from tracked time
- Flat rate projects
- Team members with permissions
- Apps for iOS and Android
Who it's for: Businesses that want invoicing, payments, time tracking and projects in one account, as Billed's pages describe them
Pricing: Free $0/mo; Pro $10/mo or $99.99/yr; Premium $25/mo or $250/yr
Bonsai
Bonsai describes itself as "The unified platform for service businesses" and says it can "Consolidate your projects, clients, and billing into one integrated, easy-to-use platform." Its invoicing page lists "Recurring billing" and "Multi-currency support", and says it can "Automatically send payment reminders to clients for overdue invoices to maintain cash flow." Bonsai's pricing page lists its plans and a 7-day free trial. For current plans, see Bonsai's pricing page.
- Projects, clients and billing in one platform
- Recurring billing
- Automatic payment reminders for overdue invoices
- Multi-currency support
Who it's for: Service businesses that want projects, clients and billing in one platform, as Bonsai's pages describe them
Pricing: Essentials $25/user/mo, or $19/user/mo paid annually; invoicing starts on this plan
FreshBooks
FreshBooks titles its homepage "Invoice and Accounting Software for Small Businesses" and says it includes "invoicing features, expense tracking, time tracking, online payments" among its tools. FreshBooks' pricing page says "Try it free for 30 days". For current plans, see FreshBooks' pricing page.
- Invoicing, expense tracking and time tracking
- Online payments
- 30-day free trial
Who it's for: Small businesses that want invoicing and expense tracking together, as FreshBooks' pages describe them
Pricing: Lite $23/mo (USD); offer shown: $4.60/mo for 4 months
QuickBooks
QuickBooks' invoicing page says "Automate invoicing for your small business" and lists "Automated invoicing: Set up recurring invoices and automatic payment reminders". QuickBooks' pricing page lists a "Free trial for 30 days". For current plans, see QuickBooks' pricing page.
- Recurring invoices
- Automatic payment reminders
- 30-day free trial
Who it's for: Small businesses that want automated invoicing, as QuickBooks' pages describe it
Pricing: Simple Start $38/mo; offer shown: $19/mo for 3 months
Sage
Sage's US accounting software page says "Customize invoices, streamline payment processing and get paid faster." and "Flexibly track time and streamline billing." It also lists "Project costing". For current plans, see Sage's pricing page.
- Customizable invoices
- Payment processing
- Time tracking for billing
- Project costing
Who it's for: Businesses that want invoicing and time tracking for billing, as Sage's pages describe them
Wave
Wave's homepage says "Built for small business owners like you" and "Set up recurring invoices and payments for repeat clients." Its invoicing page says "From invoices to automated reminder emails, view your history with each customer for a clear picture of what to prioritize." Wave's pricing page lists its plans and its card processing rates. For current plans, see Wave's pricing page.
- Recurring invoices and payments
- Automated reminder emails
- Payment history for each customer
Who it's for: Small businesses that bill repeat clients, as Wave's pages describe them
Pricing: Starter $0; Pro $190 USD/yr, billed annually
Zoho Invoice
Zoho Invoice's homepage lists "Create one-time & recurring invoices" and a "Customer portal", and says you can "Collect payments via credit or debit cards, ACH, or e-wallets with online payment gateways." Zoho Invoice's pricing page calls it a "forever-free invoicing solution".
- One-time and recurring invoices
- Customer portal
- Card payments through online payment gateways
Who it's for: Small businesses that want a free invoicing tool, as Zoho Invoice's pages describe it
Pricing: Free
Frequently Asked Questions
Xero Comparisons
See how Xero stacks up in detailed side-by-side comparisons.
Ready to Try Billed?
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Sources for this page (checked October 30, 2026). Xero (US): homepage, invoicing, quotes and pricing. Bonsai: homepage, invoicing and pricing. FreshBooks: homepage and pricing. QuickBooks: invoicing and pricing. Sage (US): accounting software. Wave: homepage, invoicing and pricing. Zoho Invoice: homepage and pricing. Billed: invoice software, features, client management, mobile app and pricing.
When this isn't for you
If you already use Xero and it covers what you need, there's no need to switch.