Square's invoicing software is getting a paid upgrade

Date:
Tue, 31 Aug 2021 13:16:26 +0000

Description:
Invoices Plus sees Square offer more features - but at a price.

FULL STORY ======================================================================

Online invoicing service Square will soon start offering a subscription
model, besides its current free model. Called Invoices Plus, the new offering will come with a number of new features, as well as a few that were tested in the free version.

As reported by TechCrunch , the service has already been quietly rolled out
to some users, with some users notified of the upcoming changes via email, despite an official announcement yet to be made.

The announcement, which has since made its way to the Square Seller Community forum, says multi-package estimates, custom invoice templates, and custom invoice fields will all be part of Invoices Plus, after previously being tested in the free version. Heres our list of the best tax software right now Weve built a list of the best accounting software on the market Check out our list of the best bookkeeping software available

Additional new features include the ability to automatically convert accepted estimates to invoices, and the option to build schedules based on milestones.

Square Invoices will get a trial button next to these features, to
communicate the changes with the users with more clarity.

The free version will still allow unlimited invoicing, estimates, and contracts. Users will also keep the invoice tracking, reminders, and
reporting tools. Further developments

Explaining the changes on the forum, a Square employee said the current way the company makes money isnt enough to keep developing the product. At the moment, Square takes 2.9 percent of every invoice paid online by check or debit card, plus a $0.30 flat fee. Furthermore, there is a 1% fee per ACH transaction.

We still dont know how much the subscription to the new service will cost.

By becoming a paid service, Square Invoices will join the broader Square family of subscription-based products, such as Square Online, Appointments, Square for Retail and Square for Restaurants.

The company hopes that by bringing Invoices into the paid subscription model, it will be able to better compete with other paid invoicing apps. Heres our rundown of the best money transfer apps out there

Via: TechCrunch



======================================================================
Link to news story: https://www.techradar.com/news/squares-invoicing-software-is-getting-a-paid-up grade/


--- Mystic BBS v1.12 A47 (Linux/64)
* Origin: tqwNet Technology News (1337:1/100)