Are you one of the millions in the US who is using a freelancer to finish a project for your small business? If so, then you’re in good company.

Ever since the economy tanked a few years ago many who were laid off hit the self employment trail and carved a road of their own. This includes those who call themselves - freelancers, entrepreneurs, digital nomads and so on.

Freelancers have the added advantage today of being able to completely work online and have a web based only client base. This brings both benefits and challenges, one of the benefits is the ability to receive electronic payment from clients as far off as Europe, South America and of course - the US. The ability to network and mingle with other entrepreneurs and the added benefit of being able to scale as you grow.

If you’re a small business owner who is using freelancers and you now seek ways to invoice, below we have a few good tips for you.

1. Outright -

Outright is great because it allows you to not only invoice but also keep tabs on all your income and expenses for a given financial account. Say you use Paypal to invoice all your freelancers, if so then with Outright you would get information on who your best freelancers are, how much you have paid them for the year (or any year) and lots more stats.

Since you can connect Paypal to Outright, it all gets synced automatically and you even get a once a week email with details on your income and expenses. This makes for quite a smart invoicing tool.

2. Paypal -

This is perhaps the most well known of the invoicing tools available and for good reason. It’s the biggest and most widely used. It’s free to use to invoice freelancers and for keeping everything in one centralized location. You can create and email invoices to all your freelancers and also set up recurring monthly invoices as well.

Paypal may or may not be the best choice for you, however do keep it as part of your overall invoicing tools.

3. Trade Shift -

This is a free invoicing web tool that allows you to set up invoices for any type of freelance expense. It’s simple to use, intuitive and free. We also quite like their interface and the templates available to send invoices out, unlike other tools on the market with comparable features - this one is 100% free to use.

Try this one if you seek an alternative to Paypal and seek something that provides easy but handsome invoicing features.

It’s easier than ever now to create, distribute and manage invoices by small business owners for the freelancers they employ. The three options noted above are available to you now for a low cost or even for free.

Give them a whirl and let us know which one is your new fave? Tell us below in the comment area. Is there a tool you use that we missed, share it with us below.

Author's Bio: 

Article written by Missy Diaz who writes about various financial topics including insurance for http://www.collisioninsurancequotes.com - she also discusses personal finance, taxes, real estate and more.

She's also a frugal living enthusiast that preaches the gospel of living more with less.