Lendio 2026: Benefits, Features & Pricing

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On this page

Overview
Pricing and Plans
Features
Integrations
User Reviews

Overview

Lendio

4.5

(211)

Pricing

Starting at $19.99 per month

About Lendio

Sunrise is a cloud-based accounting application for small businesses and freelancers in all industries. Primary features include billing, invoicing, quote management, contact management, accounting, expense management and financial reporting.

Other features include estimate creation, discount and refund processing, bank reconciliation, bank statement import, tax management and multiple-currency support. The software enables users to create customized invoices, mail them to clients and receive online payments.

Sunrise also has a recurring invoice feature that automatically sends invoices to clients and charges their credit card. The software can add discounts when applicable and processes refunds. The tax management module automatically adds taxes depending on the client’s location. The financial reporting module generates profit and loss reports, balance sheets, tax summaries, customer statements, accounts receivable and other reports.

Pricing is per month, and mobile applications for Android and iOS devices are available. Support is offered via phone and email.

Lendio Screenshots

Lendio Pricing and Plans

Starting price: $19.99 per month

Free Trial

Free Version

Free Self-Service

$0.00

flat rate, per month

Plan includes:

Generate Your Profit and Loss
Manage Income and Expenses
Send Invoices and Quotes

Sunrise Plus

$19.99

flat rate, per month

Plan includes:

Auto-Categorize Expenses
Cash Flow Insights and Alerts
Generate Your Profit and Loss
Manage Income and Expenses
Payment Integrations With: Stripe
Paypal
Send Invoices and Quotes
Sqaure

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Lendio Features

Popular features found in Billing and Invoicing
Billing Portal
Contact Database
Customizable Invoices
Invoice Processing
Mobile Payments
Multi-Currency
Payment Processing
Quotes/Estimates
Reporting & Statistics
Tax Calculation
Time & Expense Tracking
More features of Lendio
Activity Tracking
Approval Process Control
Audit Trail
Bank Reconciliation
Client Portal
Compliance Management
Contact Management
Customizable Branding
Data Visualization
Financial Reporting
For Small Businesses
General Ledger
Hourly Billing
Income & Balance Sheet
Invoice Creation
Invoice History
Mobile App
Multi-Company
Online Invoicing
Online Payments
Profit/Loss Statement
Status Tracking

Lendio Integrations

Zapier

Stripe

Lendio User Reviews

Overall Rating

4.5

Ratings Breakdown

64%

27%

Secondary Ratings

Ease of Use

4.6

Value for money

4.6

Customer support

4.5

Functionality

4.2

Fredy P.

Verified reviewer

Architecture & Planning

2-10 employees

Used monthly for more than 2 years

Review source

Reviewed May 2020

Great accounting software

I've been using Sunrise for sometime now, haven't had major issues with it and when I had it turned out to be a user issue :p rather than software issue and support help me clear it. Overall really happy with it.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Is easy to use, I'm not an accountant nor have many experience in that field so being easy to use was a big advantage for us. It has the core functionalities we need and many others that I certainly don't know how to use so It should have the required features for advanced users. The invoicing system is great, easy and customizable. Has a quoting and estimating system that's easy to convert to an invoice, also has an easy way to send reminders about our invoices and has some automation once you get paid. It has a bookkeeping system and loans offering but we haven't used those so no comment there.

Cons:

Would be great if we could use our own domain to send the invoices, reminders etc instead of the @sunriseapp.com I haven't found a way to automate the invoicing process, using a csv file or something like Zapier or similar to avoid the need to create each item of the invoice . That certainly would save us a lot of time. Not sure if these will be offered later or if there's already a way to do it at this time, just haven't found them.

Reasons for choosing Lendio

I might be biased as I got a special offer from a time when Sunrise had a different name but also had a similar offering from the software above and decided to stay with Sunrise due to features, ease of use and interface. They all offered similar features but still got a better value from Sunrise.

Reasons for switching to Lendio

Not that there was anything wrong with them but they removed the Stripe integration to process payments and implemented their own, not a big deal but we didn't want to change that as we use stripe on different places and wanted to keep all together.

Vendor Response

Thank you, Fredy! We appreciate the kind and thorough review. Like you mentioned not everyone is an accountant. At Sunrise we strive to take the power of bookkeeping and put it into an intuitive and easy to use platform. We've taken note of your feature suggestion and we will make sure it gets in the hands of our product development team. Stay tuned for our Zapier integration going live this June. We'll make sure you are notified once is launches. Again, we appreciate you taking the time to leave a review.

Replied May 2020

Verified

Reviewer

Information Services

Self-Employed

Used daily for more than 2 years

Review source

Reviewed May 2020

Great Feature Set for Small Business Owners Ready to Move Beyond Spreadsheets

It helped me get organized and serious about my business accounting, which helped my business grow. And it's a great free alternative to Quickbooks Online.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

This is the tool I recommend for any business owner/startup for double-entry accounting. It's the tool I used to get serious about my business accounting (moving out of spreadsheets). Getting organized with a chart of accounts, an real Profit/Loss statement, invoice processing/tracking/payments, and more helped me focus and grow. I purchased it when it was known as Billy, but now it's free and improving.

Cons:

There is a bit of a learning curve, but it's not too bad. Lendio is improving Sunrise since acquiring Billy, but there are still some areas that can be improved. There is no account dashboard, meaning you have to go into each account individually to see if there are transactions to be reconciled or to check balances (this should be visible on a single page). Also, there is no way to save report settings, so if I want to see my P/L report by months for the current year, I have to make multiple selections each and every time I run it.

Reasons for choosing Lendio

I didn't want the monthly cost associated with QBO. I may move to it in the future as my business grows, but Sunrise does what I need for free for now.

Reasons for switching to Lendio

I needed more functionality than the limited version of the Quickbooks Self Employeed software.

Vendor Response

Our customer feedback is essential to how we improve the product. Thank you for providing us with your detailed review. As you mentioned, we plan to keep improving and making the tool better for our users. We have some exciting new product launches coming in June. Thank you again for your valuable input.

Replied May 2020

matt a.

Verified reviewer

Motion Pictures and Film

Self-Employed

Used weekly for more than 2 years

Review source

Reviewed October 2019

It gets me paid without a hassle

Overall, this has been a remarkable software, and the support is outstanding.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

I've used several invoicing platforms and so far, Sunrise is the easiest. It's organized well, with the expense reports and other things I don't need to see frequently pushed to the side. The main thing is to see an overview and then see my invoices. It delivers this flawlessly. The overview shows an immediate comparison of the current year with your last year, and shows a pie chart for which clients have paid the most. It's always encouraging to see this clear info.

Cons:

I would like it to integrate with TurboTax more easily. I often consider using Quickbooks invoicing just for this purpose. I'd also like a receipt snapshot feature like Quickbooks Self-Employed has, where I can just take a picture of a receipt and immediately import it into my expenses.

Reasons for choosing Lendio

Sunrise was offered with a Briefcase plan

Reasons for switching to Lendio

Freshbooks which was great, but cost too much.

Ben B.

Verified reviewer

Marketing and Advertising

2-10 employees

Used weekly for more than 2 years

Review source

Reviewed May 2020

It’s an excellent app for startups & entrepreneurs!

Overall it’s been good. The support seems lacking as I’ve had to complain about stuff to get anywhere and usually don’t. So if I could have them improve anything it’s customer service, Zapier integrations and embedded payment forms for our websites.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

I love setting my invoicing on autopilot - every month it bills my customers and manages the transactions. I can see who isn’t paying their bills, it’s great.

Cons:

They still don’t have a Zapier integration yet, they recently reached out to me to be apart of their beta which is great as I want to integrate it with my all-in-one digital marketing platform Automate CRM. Doing so will streamline my signups / billing for done-for-you clients. I also think they need embeddable payment forms. Currently have to use stripe, but that bypasses their system so that won’t work for the long term. They need to get up to speed like waveapps, I’ve been checking their software out because of the limitations I’m running into.

Reasons for choosing Lendio

Because they gave me a deal I couldn’t refuse. At the time I didn’t really know the difference, and I believe waveapps is newer so that wasn’t available at the time. I’m strongly looking at waveapps now because of the lack of integrations and really need payment forms I can embed, I feel I could bandaid the solution with Zapier if they come out with the integration soon.

Vendor Response

Hi Ben, thank you for your great feedback! As you mentioned, we are excited to start testing the integration of Zapier in Sunrise. We take user feedback very seriously and we are always looking for way to improve our product. We've relayed you support concerns to our Customer Experience (CX) team and we will do everything in our power to do better by you. Additionally, we've taken your embeddable payment forms suggestion to our Product Manager lead. If there is any update whatsoever, you will be the first to know. Thank you again for your review.

Replied May 2020

Mike O.

Verified reviewer

Marketing and Advertising

2-10 employees

Used daily for more than 2 years

Review source

Reviewed May 2020

Great Product, Excellent Value

It's been a great system to build our billing and invoicing process on and I don't know of any others out there that are any better.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

I originally started using this product when it was called Billy and since Lendio bought them out and turned it into Sunrise they have added options that have been very helpful. The best so far (for both clients and myself) is the subscription feature for recurring invoices. The software is intuitive and has more features than I actually use, but I do think using the expenses features would be great for myself and my business, I just have not set it up yet.

Cons:

The editing of recurring invoices is clunky at best. If there are changes to recurring invoices I generally delete the old one and replace it with a new one because I've have several instances where an edited recurring invoice sits in the system and never sends which of course is bad for both us and the client.

Reasons for switching to Lendio

I got an intro offer and wasn't really thrilled with the FreshBooks system anyway, so the timing was good.

Vendor Response

Mike, thank you for your wonderful feedback. It brings us joy to know that the software satisfies your business needs. We are always rooting for small businesses and want to make the tool as user friendly as possible. Our Product Team works hard to consistently meet and exceed our users expectations. Thank you for the feedback on the default recurring invoices. I will share this information with our team. We appreciate you taking the time to leave us a review.

Replied May 2020

Justin N.

Verified reviewer

Marketing and Advertising

Self-Employed

Used weekly for less than 2 years

Review source

Reviewed April 2020

Simple, easy, and to the point Accounting

I've been a part of Sunrise since it was called Billy accounting software. Sunrise definitely took the strong foundation of Billy and continues to improve on it.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

I've been using Billy/Sunrise since I started my business. They are quick to setup, and can be very simple to track your banking and invoicing, along with some advanced features to automate a lot of your accounting. The biggest pros I see are: - Quick and easy invoicing (including recurring) - Connect your bank account for automatic transaction tracking - Budgeting - Integrates with Stripe for collecting payments but also offers their own merchant account (good to have a backup)

Cons:

I'm not a power user since I'm a one-man business, but there is one big feature missing. There is no automatic payment/debit feature. Recurring invoices are just automatically sent, but need to be paid by the client. There is no way to auto-debit every month, which slows down a few workflows.

Reasons for choosing Lendio

I chose Sunrise (back when it was called Billy) because it was available through AppSumo for a one-time purchase for a lifetime subscription.

Vendor Response

Thank you, Justin, for your awesome 5-star review. We are thrilled you are happy with the product. Our goal is to simplify bookkeeping, this mean making our tool intuitive and easy to use. Wishing you success and growth with your business.

Replied May 2020

Peter D.

Verified reviewer

Automotive

2-10 employees

Used daily for less than 12 months

Review source

Reviewed June 2020

Excellent Customer Services and friendly use

I am very happy with the Services

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

I do appreciate my accountant follow up and keeping my books very updated, she is available all time to respond to any question and updates

Cons:

friendly use, but more changes are need to adjust different accounts in running the Invoices

Reasons for choosing Lendio

It was a test in the beginning, but considering them due to i have got some loans through the company in the past, that was the reason the follow up with Lendio after successful loan i got through the company affiliates

Reasons for switching to Lendio

I was looking for easy use software and fast action

Vendor Response

Hi Peter, thank you for your wonderful feedback. We strive to assist business owners in the best way possible. This means making our tool intuitive and easy to use. Our goal is to simplify bookkeeping, so anyone can understand the health of their business. We are thrilled to hear that your bookkeeper has earned your trust to efficiently and effectively manage your books. Thank you for being a member of Sunrise, we appreciate your review.

Replied June 2020

Verified

Reviewer

Marketing and Advertising

2-10 employees

Used weekly for less than 2 years

Review source

Reviewed September 2019

Intuitive, easy to set up and use!

I have yet to truly tap into the Sunrise features for my own business, but love the invoicing features, and am looking forward to converting everything over soon.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Sunrise offers even better features and functionality for my small business than QuickBooks online, and for a fraction of the cost!

Cons:

My accountant is not interested in learning to use Sunrise. She is a Quickbooks expert, so I still have to keep my bookkeeping there and currently only use the invoicing features in Sunrise. I would really like to switch, however.

Reasons for switching to Lendio

Cost. It was costing me over $100/month just to tap into the automatic invoicing features I needed with PaySimple. In addition, there were confusing annual certifications I had to fill out related to CC security. Moving to Sunrise significantly cut out cost and hassle from our bookkeeping.

shawn v.

Verified reviewer

Ranching

Self-Employed

Used daily for less than 2 years

Review source

Reviewed May 2020

Great System

The system always works. I have yet to have a fatal crash or bug therefore have lost no data or time in using it. I have other things to worry about so I appreciate reliable software.

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

After being a long time QB user, I appreciate being able to get in quickly, do what I need and get out. I use it primarily for invoicing.

Cons:

Nothing. Everything works great for my needs

Reasons for choosing Lendio

User reviews regarding invoicing with Sunrise (Billy at the time).

Reasons for switching to Lendio

I wanted a simpler system focusing on invoicing. Also, needed it to be online so I can create invoices while traveling.

Vendor Response

Thanks for the glowing review, Shawn. We are ecstatic that you enjoy the invoicing feature. We have some new functionality coming that will improve it even further. Again, thank you for your kind review!

Replied May 2020

David A.

Verified reviewer

Media Production

Self-Employed

Used weekly for more than 2 years

Review source

Reviewed May 2020

Great Accounting Software

I have been using this software since it was called Billy and like it a lot. If they can add an app at some point I would be super happy with it!

Ratings Breakdown

Ease of use

Value for money

Customer support

Functionality

Pros:

Sunrise (formerly Billy) allowed us to streamline getting invoices out to clients. What was tedious before became very easy!

Cons:

I really with they had an app to accompany the website. There are times when I need to find out info about a client's payment history, and there is no app. You have to log into the website which is not optimized for phones and can be hard to navigate.

Reasons for choosing Lendio

Cheaper and easier. I didn't need all the features that Quickbooks has.

Vendor Response

Thank you, David, for the kind review. We are ecstatic you had a pleasant experience with Sunrise, especially around invoicing. It is exciting to know you were able to streamline your invoice process because of Sunrise. Currently, we have a team working on improving our mobile app. Look out for a new and improved app coming your way in the next couple of months. We appreciate your feedback. Thanks!

Replied May 2020

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