As business owners, freelancers, service providers, or just anyone that gets paid for the work services or products they provide time tracking and invoicing can be a pain. Keeping your business organized and making sure that you are being paid for the time you spend on projects is vital to any small or mid-sized business. Well, it’s vitally important to large corporations, but at that time you most likely have huge firms to manage all of your accounting. This article is aimed at those that are looking for inexpensive ways to track time and invoice their clients. If your also looking for a way to manage projects, be sure to check out our 10+ Top Project Management and Collaboration Applications.

We have collected 7 of the best time tracking and web-based invoicing applications on the web. These applications go beyond just mere invoicing or time tracking and provide estimates, intergration with other top applications, task management and reporting. If you know of any to add just let us know with a comment below.

The Best Time Tracking and Online Invoice Applications

1. Harvest

Freelancers, small businesses, and professional teams from a variety of industries including designers, architects, lawyers, accountants, non-profits, and universities. Harvest is the perfect tool for individuals and teams who need to track, analyze, and bill for their time.

• Live Time Tracking via web, widget or iPhone application
• Timesheets
• Invoicing with PayPal integration
• Budgets
• Basecamp integration
• Online invoicing or pdf exporting

2. Intervals

Intervals is web-based project management software that marries time tracking and task management in a collaborative online space with powerful reporting.

• Live Time Tracking via web
• Timesheets
• Online Invoicing or pdf export
• Timesheets
• Budgets with actual vs estimate
• File Storage
• Exports to QuickBooks

3. CashBoard

Time tracking, expenses, invoicing, estimates, and online payments done your way. Cashboard does it all, and does it for free.

• Live Timer with widgets and iPhone application
• Online invoicing and pdf export
• PayPal integration
• Timesheets
• Expenses
• Basecamp integration
• Ability to Manage Projects
• Estimates and Quotes

4. Paymo

One of our favorites. Have you or your business ever “approximated” the amount of time allocated to projects when billing clients – yet you always seem to work for more hours than you are paid? Has a project ever gotten “out-of-hand” costing far more hours than you originally budgeted? You need Paymo!

• Live Time Tracking via web or widget
• Project Management
• Task Management
• Reporting
• Invoicing
• Timesheets
• Budget with Actual vs Estimate
• iPhone Application and Basecamp integration
• File Upload and document storage
• PayPal integration
• Data Backup

5. Freshbooks

Send, track and collect payments quickly. Great for teams, freelancers and service providers.

• Live Time Tracking with widget and iPhone Application
• Budgets with Actual vs Estimate
• Track Expenses
• Many integrations with other apps: Basecamp, Mailchimp, Salesforce
• Integration with Payment Gateways: PayPal, Authorize.net, Verisign
• Recurring Invoices with ability to send online, pdf export, or mail

Data Backup

6. Ronin

Send Invoices. Get Paid. Track time, invoices, payments, estimates, and clients. Simple online invoicing and time tracking. Perfect for small businesses and freelancers. Designed to make you look professional.

• Live Time Tracking via web or widget
• PayPal and Authorize.net integration
• Projects and User Profiles
• Estimates
• Customize invoices with html/css
• Contacts/Clients tracking
• Recurring invoices

7. LessAccounting

Your bookkeeping isn’t as hard as you think. You need to see who owes you money and bill them. Track all of your business expenses with LessAccounting, quickly and easily.

• Live Time Tracking with LessTimeSpent Widget
• Expenses and Invoicing with pdf export
• Reports
• Mileage Logs
• Bank Reconciliation and Bank Account integration
• Integration with popular apps: Highrise, Basecamp, PayPal, LessTimeSpent, iPhone, Wesabe, Billflo
• Proposals/Estimates
• QuickBooks importer

All of these time tracking and invoicing applications are incredible. We have had the experience to work with Paymo recently and it was a great project management tool as well as tracking employee time. If you are using something different let us know and we can add it to the list.

comments | 476(3 comments)http://blog.mosaicteam.com/7-of-the-best-invoicing-and-time-tracking-apps7+of+the+Best+Invoicing+and+Time+Tracking+Apps2010-07-27+19%3A39%3A55admintags |online invoicingproductivityproject managementtime tracking