What can you use the application for?
Invoice Place is an online application and as the name suggests, it assists individuals and small companies to place and track invoices. Though invoice process may seem simple to some, it is often seen that clients appreciate receiving timely and professional invoices. The response rate and payments are faster and this leads to smaller receivables. Invoice Place is therefore a simple application which can make management of receivables easier.
Invoice Place is targeted at small businesses and individuals. One can view overdue, paid and due invoices at a glance. This feature is useful since follow-up on unpaid invoices becomes easier and there is no possibility of forgetting them.
Invoice Place has a simple form to fill in the invoices and these can be converted to pdf or Microsoft Word format which can then be sent as an attachment to emails. This serves two purposes. Firstly creating electronic invoices becomes simple and they appear professional. There is no option to add a personalized logo which is disappointing.
Invoice Place has provision to work with multiple currencies though only one can be chosen at a time. There is a wide variety of currencies to choose from.
There are three packages and several payment options spread over months or on annual basis. The pricing does seem a bit on the higher side .Considering the simplicity of the application one wonders if it would be more economical to purchase an offline package which would offer more services. On the other hand, this is an online application which provides free storage with anywhere, anytime availability. Instead of loading a software package in multiple computers and struggling with different operating systems, this application is easier to use and is platform independent.
What is the history and popularity of the application?
Invoice Place has been developed by Growthbase Pty Ltd which operates from Brisbane, Australia.
What are the differences to other applications?
There are several other similar applications for invoicing available online. Some online applications offer invoicing as part of a larger CRM package. However Invoice Place is simple to use and caters to small businesses where one might not easily find tech savvy employees.
How does the application look and feel to use?
Invoice Place has a simple and elegant user interface. It is really, really easy to use and is its major plus point. The interface is intuitive and users can easily navigate through different segments of the application.
How does the registration process work?
The registration process is simple and requires a few entries. While registering for the free version, there is no need for providing credit card information. One can test and try the application before committing resources. It's also possible to try a demo without registering or signing up.
What does it cost to use the application?
There are three packages available to choose from: Lite, Professional and Premium. The lite version is free. It can be used for trial purposes. Since only five invoices can be created with the Lite version, it is way too little to explore all features of the application. Monthly, annual and two year packages with different price points are offered. But the very essence of on demand application is lost when onetime payment is $320 for a two year subscription. In this context, the pricing model is impractical and one wonders how many customers would be ready to shell out this kind of money.
Who would you recommend the application to?
Invoice Place is an easy to use application. However pricing is incompatible with the ‘On demand’ model on which the application is designed. If for a much lower price one can choose from many other invoice software packages one wonders who will choose Invoice Place.