The company’s decision reinforces its support for the SMB community and will allow business owners to simplify billing and payment processes, helping companies receive payments faster.

Zoho Corp., a global technology company offering an extensive suite of business software applications in the industry, announced that its online invoicing solution, Zoho Invoice, will be completely free of cost to further extend the company’s support for small and medium-sized businesses.

“We launched Zoho Invoice in 2008, with the goal of providing a fully customizable invoicing solution for businesses of all sizes,” said Gibu Mathew, VP & GM, APAC, Zoho Corp. “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 customised needs of the SMB community. We hope offering Zoho Invoice for free continues to help businesses rebuild and grow amid the challenging times that they face today and for the future.”

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According to Zoho, in the last four years, Zoho Finance suite of products revenue growth has rapidly increased, of which Zoho Invoice is a key element, demonstrating the need for a comprehensive invoicing solution for businesses from any industry to modernize their invoicing processes at an accelerated rate. To continue its support for the SMB community, Zoho Invoice offers advanced capabilities such as time tracking, auto recording of expenses, project billing, and over 30 real time reports to help freelancers and small businesses easily navigate the billing and payment collection process, without the concerns of cost.

Cloud-based

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. Zoho Invoice supports multiple languages including Thai, Vietnamese, and Bahasa Indonesia.

Zoho said that its Zoho Invoice’s free offering will continue to 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 also integrates with third-party applications so that businesses can use the solution to sync their AR information to relevant systems contextually.