Zoho to make its online invoicing solution free of charge for SMEs

By Leandra Monteiro

 Zoho Corporation, a global technology company, announced that starting today, its online invoicing solution, Zoho Invoice, will be completely free of cost to further extend the company’s support for small and medium-sized enterprises.

In the last four years, Zoho Invoice’s revenue growth has rapidly increased, demonstrating the need for a comprehensive invoicing solution to aid businesses from any industry to shift from manual to digital. Due to the pandemic, SMEs have decided to modernize their invoicing processes at an accelerated rate. To continue its support of the SME community, it offers advanced capabilities such as time tracking, auto recording of expenses, project billing, and 30+ real time reports to help freelancers and small businesses easily navigate the billing and payment collection process, without the concerns of cost.

For SMEs, billing and payment collection has continued to be a challenge due to administrative costs, limited staff, and insufficient time resources. Additionally, businesses need the ability to access data remotely, which has caused a shift from on-premises solutions to cloud-based solutions.

Fully cloud-based, Zoho Invoice enables businesses to create and send fully-customized, professional invoices in less than a minute, follow up for payments automatically, and get paid online to achieve efficiency in their invoice process.

The company’s free invoice offering will help businesses streamline their billing and payment collection process through streamlined payment collection, simplified billing, tax handling, and more. Invoice integrates with Zoho applications, and integrates with third-party applications so that businesses can use the solution to contextually sync their AR information to relevant systems.

“We launched Zoho Invoice in 2008, with the goal of providing a fully customizable invoicing solution for businesses of all sizes. Since then we’ve grown to millions of users worldwide. Through the migration from paper-based invoicing to digital invoicing we’ve seen the need for simplified billing to fit the customized needs of the SME community,” said Hyther Nizam, President of MEA, Zoho Corp.

“Our roots are centered around helping the SME community which has supported Zoho from the beginning, and we understand the challenges that SME’s have had to undergo that were onset from the global pandemic. We hope offering Zoho Invoice for free continues to help businesses rebuild and grow amongst challenging times that they face today and for the future,” he added.