Moneris offers an impressive lineup of products and services for Canadian merchants. It provides just about every kind of hardware and software product you would need to run either a retail or online business. However, the company’s lengthy contracts and hefty early termination fees bring it down a notch.

In a world where mobile apps are often pale shadows of their web software counterparts, Invoice2go stands out by offering invoicing apps for both iPhone and Android with the same — if not better — functionality than the desktop software.

Though it started with a simple focus on time tracking in 2006, Harvest has grown considerably over the last decade and now encompasses invoicing and project management. Even after expanding into the invoicing world, the software is still focused on time and team management and has over 50,000 users. However, the software has limited invoicing features and is unsuited for product-based businesses.

When it comes to invoicing, Zoho Invoice simply can’t be beaten. With 16 templates to choose from, a beautiful client portal, the option to autoschedule invoices, and the ability to send invoices in 14 languages, it’s easy to see why Zoho Invoice is our top-rated invoicing software.

With a full POS system and free booking site, Square Appointments offers a lot of value for salons and independent stylists. But as with other Square products, it only makes sense if you commit to using Square Payments as well, which can be a great convenience or a severe limitation.

Zoho Books is a cloud-based accounting program with advanced invoicing features as well as features such as auto-scheduling invoices, reporting tags, and inventory. Zoho Books offers a strong set of features that could be ideal for many small businesses. It is nearly on par with QuickBooks Online — and at half the cost.

Stripe Payments is a powerful tool for some businesses that want to sell online, but it can easily be overkill for others. See whether the customizable checkout, extensive integrations, advanced invoicing, and recurring billing features are right for you.

FreshBooks is ideal for small businesses that want a basic, easy-to-use accounting solution and don’t need complex accounting features or multiple users. FreshBooks Classic is ideal for small businesses that don’t need accounting software and simply want an easy invoicing and expense tracking tool for their businesses.

Lightspeed is one of the most robust and easy-to-use solutions in today’s POS market. If you’re looking for a retail system that will likely have every option you could dream up in a POS in both the front and back end, and pricing isn’t a major consideration, Lightspeed Retail should be fairly high on your list.

Wave is free accounting software and unlike other free programs, there are no artificial limits on invoicing, contacts, items, or other features. The only thing you have to pay for is adding payroll, payment processing, or professional bookkeeping. There’s limited tax support, no project management, limited time tracking, and no additional users.