7 Best Momenteo Alternatives & Competitors

If you find that Momenteo’s lack of customer support, limited language options (English and French only), absence of a mobile app, and insufficient integrations are holding you back, it might be time to explore other options.

Our top recommendation is Square Invoices. With its intuitive interface, robust feature set, and excellent customer service, Square Invoices stands out as a leading invoicing solution for 2024.

We also recommend six other notable alternatives worth considering. Each option offers unique features, pricing structures, and functionalities, ensuring that freelancers and small businesses of all kinds can find a suitable solution.

Keep reading to discover 7 top-class alternatives to Momenteo. Our guide will provide valuable insights to help you make an informed decision for your business.

1. Square Invoices

Best for: service providers, freelancers, and SMEs

Pricing: Free – $20/mo

Square Invoices is an online invoicing tool that enables businesses to generate, send, and manage invoices efficiently, simplifying their billing process and accelerating payments.

Features

• Recurring Invoices: Automatically send invoices on a regular schedule to save time and ensure timely payments.
• Batch Invoicing: Create and send multiple invoices at once to streamline billing for numerous clients.
• Custom Invoice Fields: Personalized invoices with specific fields to cater to unique business needs and client requirements.
• Deposits: Request partial payments upfront to secure services and manage cash flow more effectively.
• Estimates: Generate detailed estimates for potential projects to provide clients with clear pricing before committing.

Square Invoices vs. Momenteo

Criteria	Square Invoices	Momenteo
Best For	Service providers, freelancers, and SMEs	Small and mid-sized businesses
Standout Feature	Batch invoicing	Invoice customization
Pricing	Free – $20/mo	Free – $17.95/mo

Conclusion

Square Invoicing stands out due to its comprehensive feature set which can help businesses streamline their billing processes, ensure timely payments, and offer a personalized touch to client interactions. 

With a 30-day free trial and support for unlimited users, Square Invoicing is an ideal choice for service providers, freelancers, and SMEs looking to enhance their invoicing efficiency.

Sign up for Square Invoices for free

Try Square Invoices for free

2. Wave Accounting

Best for: freelancers, contractors, and small service-based businesses

Pricing: Free – $149/mo

Wave Accounting is a user-friendly SaaS platform tailored for freelancers. Wave Accounting seamlessly integrates invoicing, expense tracking, and payroll management into a single, cohesive solution.

Features

• Invoicing: Effortlessly create and send professional invoices to clients, helping you get paid faster.
• Reporting: Generate detailed financial reports to gain insights into your business’s performance and make informed decisions.
• Expense Tracking: Keep a precise record of your expenses to monitor cash flow and manage your finances effectively.
• Bank Reconciliation: Easily match your bank transactions with your accounting records to ensure accuracy and stay on top of your finances.
• Optional Add-Ons: Enhance your Wave Accounting experience with optional features for accepting payments and managing payroll, tailored to fit your business needs.

Wave Accounting vs. Momenteo

Criteria	Wave Accounting	Momenteo
Best For	Freelancers and start-ups on a tight budget	Small and mid-sized businesses
Standout Feature	Sales tax estimates	Invoice customization
Pricing	Free – $149/mo	Free – $17.95/mo

Conclusion

One of the standout features of Wave Accounting is its flexibility in reporting. It supports both accrual and cash-basis reporting, with accrual as the default.

You can effortlessly switch to cash-basis reporting whenever needed. This adaptability is invaluable, allowing you to view your financials in the manner that best suits your business needs.

Sign up for Wave Accounting for free

Try Wave Accounting for free

3. QuickBooks Online

Best for: small businesses and self-employed individuals

Pricing: $17.50/mo – $117.50/mo

QuickBooks Online is a sophisticated invoicing and accounting platform tailored to the specific needs of small and medium-sized enterprises.

It excels with its robust features, including customizable invoices, purchase order creation, inventory management, multi-company reporting, and advanced automation capabilities.

Features

• Invoice Creation: Easily generate professional invoices tailored to your business needs, ensuring accurate and prompt billing.
• Recurring Invoices: Set up recurring invoices to automate billing for regular clients and subscriptions, saving time and ensuring consistent cash flow.
• Expense Tracking: Keep track of business expenses effortlessly by categorizing and recording transactions directly within QuickBooks.
• Automated Reminders: Send automated reminders to clients for overdue invoices, improving payment turnaround and reducing administrative workload.
• Receipt Capture: Capture and store receipts digitally to streamline expense management and simplify tax preparation processes.

QuickBooks Online vs. Momenteo

Criteria	QuickBooks Online	Momenteo
Best For	Small businesses and self-employed individuals	Small and mid-sized businesses
Standout Feature	Inventory management	Invoice customization
Pricing	$17.50/mo – $117.50/mo	Free – $17.95/mo

Conclusion

QuickBooks Online boasts numerous strengths, but its standout feature is its integration with over 750 applications—an impressive feat.

From banking and billing to document and expense management, as well as sales, shipping, inventory, and eCommerce tools, QuickBooks seamlessly connects with a wide range of business applications.

Start your free trial of QuickBooks Online

Try QuickBooks Online for free

4. FreshBooks

Best for: businesses with contractors, freelancers, and small entities

Pricing: $7.70/mo – $24/mo

FreshBooks is a cloud-based invoicing software tailored for industries like IT, legal services, business consultancy, and marketing. It automates invoicing and billing, with a web-based design that supports various online payment options.

Features

• Multi-Currency Billing: Issue invoices and accept payments in multiple currencies, accommodating international clients with ease.
• Automated Bank Import: Automatically import bank transactions into FreshBooks, simplifying financial record-keeping.
• Bank Reconciliation: Match your bank transactions with your FreshBooks records to ensure accurate and up-to-date financial data.
• Recurring Invoices: Set up recurring invoices for regular clients, automating the billing process and ensuring timely payments.
• Late Payment Reminders: Send automatic reminders to clients for overdue payments, helping you maintain cash flow and reduce administrative work.

FreshBooks vs. Momenteo

Criteria	FreshBooks	Momenteo
Best For	Businesses with contractors, freelancers, and small entities	Small and mid-sized businesses
Standout Feature	Team collaboration	Invoice customization
Pricing	$7.70/mo – $24/mo	Free – $17.95/mo

Conclusion

FreshBooks is an excellent option for service-based companies in need of reliable invoicing and billing solutions. With strong project management capabilities and top-notch customer service, it stands out as a valuable tool for your business.

While FreshBooks excels at setting up invoicing and accounting systems quickly, it does lack features such as income tracking and inventory management. As a result, it may not be sophisticated enough for large enterprises or product-based businesses.

Get started with FreshBooks for free

Try FreshBooks for free

5. Zoho Invoice

Best for: great for freelancers, entrepreneurs, and SMEs on a very tight budget.

Pricing: Free

Zoho Invoice is an invoicing software designed to help professionals manage their accounting efficiently. It allows users to create and send invoices and estimates, collect payments, track time, and record expenses.

Zoho’s customizable templates and software simplify the process of drafting invoices and monitoring payments.

Features

• Expense Tracking: Monitor and record all your business expenses to keep your financial records accurate and up-to-date.
• Multi-currency Support: Send invoices and accept payments in various currencies, catering to international clients with ease.
• Payment Reminders: Set up automatic payment reminders to notify clients of due or overdue invoices, ensuring timely payments.
• Customizable Templates: Personalize your invoices with customizable templates, including your company logo and brand elements.
• Invoice Scheduling: Schedule invoices to be sent at specific times, automating your billing process for improved efficiency.

Zoho Invoice vs. Momenteo

Criteria	Zoho Invoice	Momenteo
Best For	Freelancers, entrepreneurs, and SMEs	Small and mid-sized businesses
Standout Feature	Great invoice scheduling features	Invoice customization
Pricing	Free	Free – $17.95/mo

Conclusion

Zoho’s invoicing platform provides a simple and free solution for managing and sending payment requests to clients, as well as accepting payments.

With a wide range of customization options and tools, it helps streamline your company’s bookkeeping processes. Ideal for freelancers, solopreneurs, and small business owners, this software offers an efficient way to manage payments in an organized manner.

Sign up for Zoho Invoice for free

Try Zoho Invoice for free

6. Xero

Best for: SMEs with a few employees seeking an affordable, feature-rich alternative

Pricing: $3.75/mo – $19.50/mo

Xero provides a robust invoicing platform with seamless integration and a user-friendly interface. Its standout features include multi-currency support, expense tracking, and 1099 management.

Features

• Quotes: Create and send professional quotes to clients, outlining services and costs before converting them into invoices.
• Payment Processing: Accept online payments securely through various payment gateways, ensuring quick and efficient transactions.
• Automated Expense Management: Automatically categorize and track expenses to streamline financial record-keeping.
• Batch Invoices via CSV files: Upload and send multiple invoices at once using CSV files, simplifying bulk invoicing processes.
• Payment Integrations: Integrate with popular payment gateways to facilitate seamless payment transactions directly through Xero Invoice.

Xero vs. Momenteo

Criteria	Xero	Momenteo
Best For	Small businesses	Small and mid-sized businesses
Standout Feature	Project-based accounting	Invoice customization
Pricing	$3.75/mo – $19.50/mo	Free – $17.95/mo

Conclusion

Xero offers a robust invoicing platform with strong integration and a user-friendly interface. Features like multi-currency support, expense tracking, and 1099 management set it apart. 

However, Xero has its limitations, including restricted customization options and basic expense tracking features. Nonetheless, it provides solid financial management and invoicing software for SMBs seeking accounting software with powerful integration and automation capabilities.

Start your free trial of Xero

Try Xero for free

7. Invoice2go

Best for: contractor, consultant, and freelancer

Pricing: $5.99/mo – $39.99/mo

Invoice2Go is highly recommended for small businesses seeking efficient invoicing and expense tracking capabilities, though it may not offer advanced customization options.

It functions seamlessly across mobile and web platforms, focusing on simplified invoice creation and management.

Features

• Recurring Invoices: Set up and automate recurring invoices to ensure timely payments from regular clients.
• Invoice Reminders: Send automatic reminders to clients for overdue invoices, improving cash flow and reducing administrative tasks.
• Invoice Customization: Customize invoices with your branding, logos, and personalized details to reflect your business identity.
• Ratings and Reviews: Collect and display client ratings and reviews to build credibility and trust.
• Appointments and Scheduling: Schedule appointments and manage bookings directly through the app, integrating seamlessly with your invoicing process.

Invoice2Go vs. Momenteo

Criteria	Invoice2Go	Momenteo
Best For	Individual users and freelancers	Small and mid-sized businesses
Standout Feature	Customer ratings and reviews	Invoice customization
Pricing	$5.99/mo – $39.99/mo	Free – $17.95/mo

Conclusion

Invoice2Go stands as a versatile invoicing solution tailored for freelancers, contractors, and small business owners.

Its user-friendly mobile apps, seamless integrations, and comprehensive support options provide an efficient method for managing invoices, tracking expenses, and handling client payments.

Which Momenteo alternative should I use?

When choosing an alternative to Momenteo, consider your specific business needs, such as invoicing efficiency, expense tracking capabilities, customer support, and integration options. 

Each of these alternatives excels in different aspects, from user-friendliness to advanced features and customization options. Evaluate based on your specific business requirements to find the best fit for enhancing your invoicing and accounting processes.

Here are the top 7 for you to choose from: 

1. Square Invoice
2. Wave Accounting
3. QuickBooks Online
4. FreshBooks
5. Zoho Invoice
6. Xero
7. Invoice2Go