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Accounting · head to head

Bench vs Invoicely

Bench logo

Bench

Accounting

America's largest bookkeeping service for small businesses

From
$299/month
Rated
-
Full reviewWebsite
Invoicely logo

Invoicely

Accounting

Web-based invoicing app with a free plan for freelancers

From
Free
Rated
-
Full reviewWebsite

The short version

  • Only Invoicely has a free tier, so it costs nothing to try first.
  • Each has a real cost: Bench recent bankruptcy and acquisition by Employer.com creates uncertainty about product roadmap and support continuity; Invoicely free plan is limited to just 5 invoices and 3 clients per month, and PayPal-only payments.
  • They diverge on capability: Bench covers Dedicated bookkeeper, Invoicely covers Invoice creation.
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which Bench and Invoicely actually diverge.

Attributes where Bench and Invoicely differ
AttributeBenchInvoicely
Starting price$299/monthFree
Pricing modelUnknownfreemium
Free tierNoYes
PlatformsWeb, Ios, Androidweb
Founded2012Unknown

Identical on both: user rating (Not yet rated), category (Accounting).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Bench

  • Dedicated bookkeeper
  • Monthly financial statements
  • Bank reconciliation
  • Tax preparation
  • Expense categorization
  • Stripe
  • PayPal
  • Square

Only in Invoicely

  • Invoice creation
  • Recurring invoices
  • Time, expense, and mileage tracking
  • Multi-currency support
  • Team member access
  • Credit card payments

What people use each for

The jobs each tool is most often brought in to do.

Bench

  • Bookkeeping outsourcingnot Invoicely
  • Tax preparationnot Invoicely
  • Financial reportingnot Invoicely

Invoicely

  • Freelancers sending a small number of invoices for freenot Bench
  • Small businesses needing recurring billing and time trackingnot Bench
  • Multi-currency invoicing for international clientsnot Bench
  • Teams needing shared access to client invoicingnot Bench

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Bench

  • Recent bankruptcy and acquisition by Employer.com creates uncertainty about product roadmap and support continuity
  • Higher starting cost at $299/month compared to self-service accounting software like Wave or QuickBooks Online
  • Requires manual connection of financial accounts and ongoing coordination with bookkeeping team, less automated than software-first solutions
  • Tax services limited to US income tax returns; no support for complex entity structures or multi-state taxation
  • History of burning through capital rapidly, raising concerns about long-term business sustainability

Invoicely

  • Free plan is limited to just 5 invoices and 3 clients per month, and PayPal-only payments.
  • No native mobile app mentioned, limiting on-the-go invoicing.
  • Team member limits on lower tiers can be restrictive for growing businesses.
  • No listed integrations with accounting platforms like QuickBooks or Xero.

Pricing, plan by plan

Bench

$299/month

No published plan breakdown. See the Bench review.

Invoicely

Free
  • FreeFree
    • 5 monthly invoices
    • 3 saved clients
    • PayPal payments only
  • Basic$9.99/month
    • 100 monthly invoices
    • 25 saved clients
    • Up to 2 team members
  • Professional$19.99/month
    • 250 monthly invoices
    • 100 saved clients
    • Up to 10 team members
  • Enterprise$29.99/month
    • Unlimited monthly invoices
    • Unlimited saved clients
    • Up to 25 team members

Which should you pick?

Choose Bench if

  • You need dedicated bookkeeper.
  • You work on Web, Ios, Android.
  • You also want monthly financial statements.
Bench review

Choose Invoicely if

  • You need invoice creation.
  • You want to start without paying.
  • You work on web.
  • You also want recurring invoices.
Invoicely review

Questions people ask

Is Bench or Invoicely better?
Neither clearly leads. Bench starts at $299/month and Invoicely at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Bench or Invoicely?
Invoicely has a free tier; the other does not. Paid plans start at $299/month for Bench and Free for Invoicely.
Does Bench or Invoicely run on more platforms?
Bench runs on Web, Ios, Android. Invoicely runs on web.
Can I use Invoicely for free?
Yes. Invoicely has a free tier, so you can try it without paying. Bench starts at $299/month.
What is Bench best used for?
Bench is most often used for bookkeeping outsourcing, tax preparation, financial reporting. Of those, bookkeeping outsourcing and tax preparation are not what Invoicely is typically brought in for.
What can Bench do that Invoicely cannot?
Bench covers Dedicated bookkeeper, Monthly financial statements, Bank reconciliation, Tax preparation. Invoicely covers Invoice creation, Recurring invoices, Time, expense, and mileage tracking, Multi-currency support.

Answered from the vendors’ own pages

Bench: What happened to Bench Accounting?

Bench shut down abruptly on December 27, 2024, filing for bankruptcy in Canada with $65 million in debt. The company was acquired by Employer.com on December 30, 2024, and resumed operations in January 2025 under new ownership.

Source
Invoicely: Is there a free plan, and what are its limits?

Yes, the Free plan allows up to 5 monthly invoices and 3 saved clients, with PayPal-only payments and no team members, and requires no credit card.

Source
Bench: What are Bench's current pricing plans?

Bench offers Bookkeeping at $299/month (billed annually) and Bookkeeping + Tax at $599/month (billed annually). Both include automated bookkeeping, real-time financial statements, and a dedicated team of bookkeepers.

Source
Invoicely: What does Invoicely cost?

Paid plans start at Basic for $9.99/month, Professional at $19.99/month, and Enterprise at $29.99/month, each raising invoice, client, and team member limits.

Source
Bench: Does Bench include tax preparation services?

The Bookkeeping plan includes monthly bookkeeping and year-end tax-ready financial statements. The Bookkeeping + Tax plan adds one-on-one income tax consulting and annual income tax return filing.

Source
Invoicely: Can I change or cancel my plan?

Yes, Invoicely allows customers to upgrade or downgrade their subscription level at any time.

Source
Bench: How does Bench's bookkeeping work?

Bench combines proprietary software with human bookkeepers. You connect your financial accounts to automate data entry, and Bench's team handles bookkeeping and provides year-end tax-ready statements. Customers can reach their dedicated team within 24 hours.

Source
Bench: Can I access real-time financial data with Bench?

Yes, Bench provides real-time reporting, allowing you to access or download updated income statements and balance sheets at any time.

Source
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