Compare Invoiced and Lockstep 
At a Glance
Market Segments
Small-Business (77.2% of reviews)
Mid-Market (66.7% of reviews)
Entry-Level Pricing
No pricing available
No pricing available
Invoiced
Star Rating
(388)4.6 out of 5
Market Segments
Small-Business (77.2% of reviews)
Entry-Level Pricing
No pricing available
Learn more about InvoicedLockstep
Star Rating
(36)4.3 out of 5
Market Segments
Mid-Market (66.7% of reviews)
Entry-Level Pricing
No pricing available
Learn more about LockstepSummary
AI Generated Summary
AI-generated. Powered by real user reviews.
- Users report that Invoiced excels in ease of use with a score of 9.3, while Lockstep falls behind at 7.4. Reviewers mention that Invoiced's intuitive interface makes it simple for small businesses to navigate and manage their invoicing processes effectively.
- Reviewers say that Invoiced's automation features, particularly in billing, are highly rated at 8.8, whereas Lockstep does not provide a specific score for automation. Users on G2 highlight that Invoiced's automated billing processes save them significant time and reduce manual errors.
- Users report that Invoiced offers superior invoice matching capabilities, scoring 9.3 for matching invoices and payments, compared to Lockstep's 7.7. Reviewers mention that this feature helps them quickly reconcile accounts and manage cash flow more efficiently.
- G2 users indicate that Invoiced's customer credit management features, such as credit limits and credit history, are rated highly at 9.2 and 9.1 respectively. In contrast, Lockstep's credit management features do not receive the same level of praise, with users noting that Invoiced provides more comprehensive tools for managing customer credit.
- Reviewers mention that Invoiced's reporting capabilities, particularly in tracking cash flow and generating reports, are rated at 9.0, while Lockstep's reporting features are less robust, with a score of 7.8. Users say that Invoiced's detailed reporting helps them make informed financial decisions.
- Users on G2 highlight that Invoiced's quality of support is rated at 9.1, indicating a strong commitment to customer service, while Lockstep's support is rated at 8.7. Reviewers mention that Invoiced's responsive support team is a significant advantage for businesses needing assistance.
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Pricing
Entry-Level Pricing
Invoiced
No pricing availableLockstep
No pricing availableFree Trial
Invoiced
No trial information availableLockstep
No trial information availableRatings
Meets Requirements
9.1
321
8.1
30
Ease of Use
9.3
317
7.4
30
Ease of Setup
9.1
198
6.1
21
Ease of Admin
9.3
202
7.3
21
Quality of Support
9.1
267
8.7
31
Has the product been a good partner in doing business?
9.2
195
8.3
21
Product Direction (% positive)
8.7
295
8.5
31
Features by Category
Billing
8.8
37
Not enough data
8.3
32
Not enough data
7.9
35
Not enough data
7.7
20
Not enough data
Dunning
7.9
35
Not enough data
8.0
23
Not enough data
7.9
22
Not enough data
Performance
7.2
23
Not enough data
8.0
28
Not enough data
8.6
24
Not enough data
Reporting
7.8
20
Not enough data
7.5
17
Not enough data
7.8
22
Not enough data
Customer Credit
9.2
23
Not enough data
9.1
23
Not enough data
9.3
21
Not enough data
8.9
16
Not enough data
9.0
18
Not enough data
Invoice Matching
8.9
38
8.3
5
9.3
40
7.7
5
8.8
38
7.7
5
9.0
33
Not enough data
Collections
8.9
43
10.0
8
8.5
27
10.0
6
9.4
35
8.8
7
9.2
41
8.9
6
Analytics
8.5
25
8.3
7
9.1
24
Not enough data
8.9
34
9.2
8
9.4
17
Not enough data
7.7
11
Not enough data
8.3
11
Not enough data
Self Service
9.0
39
7.6
7
8.9
32
9.2
6
Invoice Management
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Invoice Processing
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Analytics
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Integration
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Risk
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Recovery
Not enough data
Not enough data
Not enough data
Not enough data
Audit
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Fraud
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Not enough data
Cash Flow Management
8.8
19
Not enough data
8.5
20
Not enough data
8.9
20
Not enough data
Cash Flow Forecasting
8.8
19
Not enough data
8.2
14
Not enough data
8.1
14
Not enough data
8.2
15
Not enough data
Not enough data
Not enough data
Analytics
8.1
13
Not enough data
8.3
20
Not enough data
7.9
12
Not enough data
7.7
14
Not enough data
Financial Data Transfer
8.1
15
Not enough data
8.1
16
Not enough data
8.6
21
Not enough data
8.7
21
Not enough data
7.6
15
Not enough data
Bill Generation
8.8
86
Not enough data
9.2
88
Not enough data
9.1
73
Not enough data
Bill Processing
8.6
60
Not enough data
8.2
56
Not enough data
9.0
77
Not enough data
Integration
8.7
68
Not enough data
8.9
77
Not enough data
8.3
49
Not enough data
Reporting
9.0
24
Not enough data
7.7
25
Not enough data
8.9
27
Not enough data
Integrations
8.8
27
Not enough data
8.5
24
Not enough data
8.2
21
Not enough data
Transactions
8.3
26
Not enough data
9.3
28
Not enough data
9.1
30
Not enough data
Workflows
8.4
22
Not enough data
8.5
25
Not enough data
Categories
Categories
Shared Categories
Invoiced and Lockstep are categorized as Credit and Collections and Accounts Receivable
Unique Categories
Lockstep has no unique categories
Reviews
Reviewers' Company Size
Invoiced
Small-Business(50 or fewer emp.)
Mid-Market(51-1000 emp.)
Enterprise(> 1000 emp.)
Lockstep
Small-Business(50 or fewer emp.)
Mid-Market(51-1000 emp.)
Enterprise(> 1000 emp.)
Small-Business
(50 or fewer emp.)
Mid-Market
(51-1000 emp.)
Enterprise
(> 1000 emp.)
Reviewers' Industry
Computer Software
12.9%
Marketing and Advertising
11.6%
Information Technology and Services
9.4%
Financial Services
3.5%
Accounting
3.5%
Other
59.1%
Retail
11.1%
Consumer Goods
11.1%
Internet
8.3%
Facilities Services
8.3%
Construction
8.3%
Other
52.8%
Most Helpful Reviews
Invoiced
Most Helpful Favorable Review
Verified User in Financial Services
that invoices are automated and is integrated with our systems
Most Helpful Critical Review
Lindsay W.
Verified User in Information Technology and Services
I'm *incredibly surprised* that this company has received a best-in-class/leader award. There are so many glitches in their system, it's mind-blowing and I've gotten to the point of not reporting them anymore because no good ever comes of it. I've reported...
Lockstep
Most Helpful Favorable Review
Michael A.
Verified User in Internet
I love how much time this program saves me! It really streamlines our business.
Most Helpful Critical Review
Robert S.
Verified User in Construction
Support, not easy to use , Very long and expensive implementation
Verified User in Financial Services
that invoices are automated and is integrated with our systems
Michael A.
Verified User in Internet
I love how much time this program saves me! It really streamlines our business.
Lindsay W.
Verified User in Information Technology and Services
I'm *incredibly surprised* that this company has received a best-in-class/leader award. There are so many glitches in their system, it's mind-blowing and I've gotten to the point of not reporting them anymore because no good ever comes of it. I've reported...
Robert S.
Verified User in Construction
Support, not easy to use , Very long and expensive implementation
Alternatives
Discussions
How do I keep invoice from attaching a copy of the invoice to the emailed notification?
2 comments
JK
Hi Stefan,
You can simply go into Settings -> Emails, and edit the New Invoice template, and turn off Attach Invoice PdfRead more
Are there teams out there who have integrated this product with Netsuite?
1 comment
JK
Hi Steve,
We have a Netsuite out of the box integration which does a bi-directional payment sync and allow importing of Netsuite Invoices.
However we...Read more
when will there be an app available
1 comment
JK
Hi Ivan,
There are no timelines yet on the iPhone app, however I would add that suggestion here https://feedback.invoiced.com, so it gets increased...Read more
Lockstep has no discussions with answers
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