In any business, transactions are made to enable the successful operations of the company. These transactions are organized and tracked in the form of invoices and bills.

Financial management can be a hassle for small businesses and freelancers, and hence, there is a need for an encompassing system that can do the job correctly. This is why Vessess Inc. developed and launched Hiveage in 2014.

If you are a business owner or a freelancer who is thinking of using Hivage for financial management, then this review is what you need.

About Hiveage

Hiveage is a cloud-based online invoicing software that helps small businesses and freelancers with real-time reports on income and expenses, invoice details and many more. It was developed as a successor to CurdBee, an initial software developed by Vessess Inc. as an internal PHP application to invoice clients in 2008. CurdBee was used mainly by small businesses and freelancers.

Hiveage is aimed at providing a billing and invoicing solution to businesses. It evaluates the cost and complexity involved in using accounting software. With this tool, you can create invoices that reflect your brand. You can easily add data, send invoices and get a clear view of your client invoice on the Hiveage.

With Hiveage, financial management is one thing you can tick off your list as an entrepreneur. Here are some of the features of Hiveage;

Features of Hiveage

  •       Financial management

It helps you manage your clients with timely quotations, invoices, payment receipts, account statements, reports on time and expenses and so on. It allows users to bill in multiple currencies, apply discounts and shopping options and also manage taxes.

  •       Team Management

It has subscription plans that allow your employees to track and bill for their work, grant selective access to clients and projects. It also allows you to share financial information within your team.

  •       Data Security

You can save, import and export your data and reports as CSV files.

  •       Simple Design

It has a simple and intuitive design without complex accounting features.

  •       Easy access

It is accessible anywhere on any device with web access; you don’t have to install software or download anything.

  •       Mobile Apps

Hiveage has its invoicing software available for Android devices as mobile apps.

  •       Support Team

There is a 24/7 support and help team available for any questions or challenges you might face.

  •       Free plan

There is a free pricing plan, but it is limited in some features.

  •       Flexible pricing plan

The paid plans are flexible and can be cancelled at any time.

  •       Integration with online payment gateways

Hiveage has integrations with different online payment gateways like Stripe, Paypal, Square, Braintree and allows ACH (Automated clearing house) payments via Authorize.net.

Other features of Hiveage include:

  •       Online Invoicing
  •       Personalized Invoices
  •       Invoice Data Management
  •       Estimates
  •       Expense Tracking
  •       Time Tracking
  •       Convert to Invoice
  •       Recurring Payments
  •       Billing Collaboration

Pros 

  •       Hiveage is easy to set up
  •       It has a user-friendly and intuitive system
  •       It is easy to use
  •       It is perfect for small businesses and freelancers
  •       It has a free plan with essential invoicing tools
  •       It has flexible pricing plans

Cons 

Hiveage lacks complex accounting features; some thriving businesses may require it.

Subscription Plans 

CurdBee ran on a freemium plan that featured unlimited invoicing and unlimited clients. In 2014, Hiveage was created and was initially free and also featured the same things as CurdBee.

The only difference was in the payment gateways; CurdBee used Google Checkout and PayPal as payment gateways while Hiveage uses only PayPal. In 2016, it changed to a fixed plan pricing system.

The free plan was relaunched this year to respond to the COVID-19 pandemic to support small businesses. It, however, only allows up to 5 clients.

There are majorly two categories for the pricing plan;

  •       Yearly
  •       Monthly

With the yearly plan, you can save up to 17%. There are currently four fixed pricing plans for Hiveage. They have different in costs and also in features, they are;

Free ($0 per month)

This plan is perfect for businesses or freelancers that have been negatively affected by the pandemic. Some of its features include:

  •       Integration of Five clients
  •       Unlimited invoices
  •       Unlimited estimates
  •       Unlimited time tracking
  •       Unlimited expense tracking
  •       Payment gateway

Basic plan ($16/month – yearly) ($19/month – monthly)

This plan is great for freelancers. Some of its features include:

  •       Integration of 50 clients
  •       Unlimited invoices
  •       Unlimited estimates
  •       Unlimited time tracking
  •       Unlimited expense tracking
  •       Payment gateways
  •       Unlimited recurring ingredients
  •       Financial reports

Pro Plan ($25/month – yearly) ($29/month – monthly)

This plan is ideal for small businesses. Some of its features include:

  •       Integration of 250 clients
  •       Five team members
  •       Unlimited invoices
  •       Unlimited estimates
  •       Unlimited time tracking
  •       Unlimited expense tracking
  •       Payment gateways
  •       Unlimited recurring billing
  •       Financial reports
  •       Send emails from your domain
  •       Customize email notifications
  •       Automatic payment reminders

Plus plan ($42/month – yearly) ($49/month – monthly)

This plan is most suitable for thriving businesses with an extensive client or customer base. Some of the features of this plan include:

  •       Integration of 1000 clients
  •       Ten team members
  •       Unlimited invoices
  •       Unlimited estimates
  •       Unlimited time tracking
  •       Unlimited expense tracking
  •       Payment gateways
  •       Unlimited recurring billing
  •       Financial reports
  •       Send emails from your domain
  •       Customize email notifications
  •       Automatic payment reminders
  •       Personalized support to migrate data from other services

If you have above a thousand clients, a custom plan can be created just for you. Hiveage comes with a 14-day free trial that provides you with a complete version of the Pro plan for the entire duration of 15 days.

After the trial is up, you either choose from any paid plans or the free plan. Even if you decide not to subscribe, all of your activities and data could be securely stored and made available for export.

Pay links

Pay links is a mobile app launched by Hiveage in 2020 and is targeted at small businesses that want to do transactions (sell products and services) without using any dedicated E-commerce or POS systems.

It helps to generate web links and QR codes that entrepreneurs and freelancers can share with their customers or clients via supported sharing platforms. The customers will then follow the link or scan the QR code that leads them to an online checkout page. Then, they can make payments using PayPal or Stripe. Pay links are available on iOS and Android platforms.

Hiveage is a straightforward and easy-to-use online system for financial management. With its simple accounting tools for invoicing and billing, alongside its other features that help to ease the stress of accounting and bookkeeping for small businesses and freelancers, we recommend Hiveage to any looking for a way to take financial management off their hands.

It also has a free plan for businesses affected by the pandemics and flexible pricing plans you can select based on your budget and financial management needs. Hiveage is, no doubt, a tremendous invoicing software.

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