InvoiceSherpa – A/R 2022 App Review

InvoiceSherpa is packed full of management features to automate your accounts receivable and speed up your cash flow cycle by getting your clients to pay their invoices faster. The result is an improvement to your bottom line, business performance and customer satisfaction.

InvoiceSherpa merges fully with QuickBooks Online to automate your accounts receivables, providing an intuitive dashboard that allows you to monitor your A/R and stay on top of your cash flow.

InvoiceSherpa automatically sends out the initial invoice, late payment reminders and auto-collects from your customers. It even makes deposits of customer payments directly into your bank account.

One key to staying on top of A/R is letting customers know the status of an open invoice, but doing so appropriately for the customer and the invoice tenure. InvoiceSherpa enables you to set the tone of your relationship with all your clients by customizing each type of reminder. You can even send an automated “Thank you” when a payment has been received.

The InvoiceSherpa Customer Portal enables customers to log in and manage their invoices, see their entire history of past invoices and pay any open invoices in the system.

Customers can even enroll in automatic payments to fulfill a payment plan for a specific invoice or enable automatic payments to pay future invoices using the portal.

With InvoiceSherpa’s integrated payments, your customers can automatically pay their invoices via credit card or ACH. Those payments will automatically reconcile with your posted bank transactions and paid invoices in QuickBooks.

InvoiceSherpa is such an automatic solution for your accounts receivable, it is like having an extra A/R staffer on your team. And best of all, it will reduce your past due receivables by 25%* and reduce your bad debt reserves by 15%*, meaning you will simply get paid faster.

Head to the InvoiceSherpa landing page at the Intuit QBO App Store for more details about its integration with QuickBooks.

For comparison purposes, the list of features I have been able to assess for Invoice Sherpa is:

ACH payments

Accounting integration (QBO)

Activity dashboard

Analytics & reporting

Automated notices

Automated scheduling

Collections management

Contact management

Customer portal (brandable)

Installment plans

Invoice history

Invoice management

Online payments

Partial payments

Progress invoicing

Receivables ledger

Subscription billing

Reminders

Template management

For general information about InvoiceSherpa or signing up for a free trial, visit its website.

^{Disclosures, Footnotes and Acknowledgements:}

_{Portions of this feature, including graphical artwork contained therein, have been adapted from content found on the InvoiceSherpa app landing page at the Intuit QuickBooks Online App Center, as well as information available from the InvoiceSherpa website. InvoiceSherpa is the registered trade name of Invoice Sherpa Inc., a privately held multinational company based in Montréal, Quebec, Canada.}

_{Adapted source materials within this feature by Insightful Accountant are furnished for educational purposes only.}

_{As used herein, QuickBooks and QuickBooks Online (QBO) refer to one or more registered trademarks of Intuit Inc., a publicly-traded corporation headquartered in Mountain View, California.}

_{Any other trade names used herein refer to products which may be registered or trademarked, or otherwise held by, their respective owners; they are referenced for informational and educational purposes only.}

_{This is an editorial feature, not sponsored content. None of the vendors within this article have paid Insightful Accountant or the author any form of remuneration to be included within this feature. The article is provided solely for informational and educational purposes.}

_{The publication of this article, nor inclusion of this product within the related series, does not represent any endorsement by either the author or Insightful Accountant.}

^* –_{Statistics cited are based on a Paystream Advisors Study (See the InvoiceSherpa website for more details.)}