Invoiced
Accounts receivable automation platform.
About Invoiced
Invoiced handles the full B2B accounts receivable stack: it generates invoices, fires dunning sequences based on aging rules you configure, accepts payment via ACH, card, or check, and matches incoming payments to open invoices automatically. Day-to-day, it replaces the spreadsheet-and-email collection workflow that eats hours in mid-size finance teams — you set escalation tiers, it sends the reminders, logs responses, and flags disputed invoices for human follow-up. It fits B2B companies billing other businesses on net terms, typically with 50 to several thousand open invoices at any time. Professional services firms, SaaS companies with enterprise contracts, and wholesale distributors get the most out of it. Solo bookkeepers or firms doing consumer billing will find the feature set oversized and the price hard to justify. The weak spots are real: no free tier means you commit before you can properly evaluate it against what you already have. If your ERP already includes AR automation — NetSuite's Collections module, for instance — you may be buying overlap. Customer support responsiveness and the depth of the user community are thinner than you get with category giants like Bill.com.
Best for
B2B companies wanting to automate AR and reduce DSO without manual collection efforts
Key Features
- Automated invoice generation and delivery
- Smart collections with dunning automation
- Multi-channel payment acceptance
- Automated cash application and matching
- Accounts receivable aging and reporting
Pros & Cons
Pros
- Dunning sequences are rule-based and configurable by customer segment, invoice age, and amount — not just generic reminder blasts
- Cash application matches payments to invoices automatically, including partial payments and payments referencing multiple invoice numbers
- Accepts ACH, credit card, and check through a single customer payment portal, reducing the back-and-forth over how to pay
- Two-way sync with QuickBooks, Xero, NetSuite, and Salesforce keeps AR balances current without manual reconciliation
- AR aging reports are real-time, not end-of-day batch exports, so collectors work from current data
- Customer portal gives payers visibility into their own invoice history and dispute submission, cutting inbound status-check emails
Cons
- No free trial or free tier — pricing is quote-based, so you cannot test it against your actual invoice volume before committing
- NetSuite and Salesforce integrations are available but require configuration work; expect setup time measured in days, not hours
- Smaller user community than Bill.com means fewer third-party guides, fewer accountants who have seen it before, and slower community-sourced answers
- If your stack already includes NetSuite ARM or a dedicated collections module, Invoiced duplicates functionality you are already paying for
- Reporting customization is limited — you can view aging and collection metrics but exporting custom AR dashboards requires workarounds or a BI connection
- Pricing scales with features and volume, so growing invoice counts can push costs up faster than expected without a clear tier structure upfront
Ledger Brief Take
Targets the specific pain point of B2B collections with automated dunning workflows and cash application — capabilities that most general invoicing tools treat as afterthoughts. The platform's strength lies in reducing days sales outstanding through intelligent collection sequences rather than just generating prettier invoices.
Frequently Asked Questions
Common questions accountants ask about Invoiced.
What does Invoiced cost?
Invoiced does not publish flat-rate pricing. Plans are quote-based and vary by invoice volume, number of users, and which modules you need. There is no free trial. Request a demo and ask for pricing in writing before the call ends — sales cycles here involve negotiation.
How does Invoiced connect to QuickBooks or Xero?
Invoiced offers native two-way sync with both QuickBooks Online and Xero. Invoices created in Invoiced push to your ledger, and payments recorded in either direction reconcile across both systems. Initial sync setup takes roughly an hour; ongoing sync runs automatically. QuickBooks Desktop is not supported.
How does Invoiced compare to Bill.com for AR?
Bill.com is broader — it covers both AP and AR and has a larger network of businesses already enrolled. Invoiced goes deeper on the AR side specifically, with more granular dunning configuration and cash application logic. If collections workflow is your primary problem, Invoiced has more controls. If you need combined AP and AR in one place, Bill.com covers more ground.
Is Invoiced suitable for accounting firms managing AR for clients?
It is built for companies managing their own AR, not for multi-client firm workflows. An accounting firm could use it internally for their own billing, but there is no multi-entity client management structure that makes it practical for running AR on behalf of a portfolio of clients.
How does Invoiced handle data security and compliance?
Invoiced stores data on AWS infrastructure and holds SOC 2 Type II certification. Payment data is handled via PCI-compliant processors and is not stored directly on Invoiced servers. For firms under strict data residency requirements, confirm region-specific storage options directly with their sales team before signing.
What size company gets the most value from Invoiced?
B2B companies with 50 or more open invoices at any time and a dedicated finance or AR function. Below that volume, the automation pays back slowly relative to cost. Above it, particularly where collections require multi-touch outreach by aging tier, the dunning automation and cash application justify the price.