Lendio

Sunrise, formerly Billy, is a cloud-based accounting system

About Lendio

Sunrise - formerly Billy - is a cloud-based accounting system that offers freelancers and creative professionals a single platform from which to manage billing and expense tracking activity. Incorporating customized invoices, expense capture and financial reports, Sunrise aims to deliver a user-friendly billing and expense tracking solution.

In order to manage billing effectively, Sunrise equips users with the tools to create professional, customized invoices quickly and easily. To enhance user productivity, Sunrise enables users to send recurring invoices, see when invoices have been viewed and create quotes and estimates simply online. Moreover, since Sunrise is available as a native mobile application for iOS and Android, users have the flexibility to bill clients conveniently on the move from any smartphone device. By allowing users to accept credit cards, work with multiple currencies and process discounts and refunds as well as add sales taxes to invoices, Sunrise provides users with the functionality to streamline billing processes.

Besides billing, Sunrise allows users to capture and track expenses effortlessly. Using the Sunrise mobile app, users can capture and store their receipts in a central location. Furthermore, Sunrise enables users to import and categorize all expenses automatically by linking Sunrise to their bank account. To help users gain actionable insight into their financial numbers, Sunrise includes different reports like profit and loss, balance sheet, tax summary, customer statements and accounts receivable. Sunrise also helps users to track payments easily by permitting individuals to see at a glance who owes money.

Pricing starting from:

US$19,99/month

  • Free Version
  • Free Trial
  • Subscription

Key benefits of Lendio

  • Sunrise is available as a native mobile application on iOS and Android, affording users the flexibility to manage billing & invoicing on the move.

  • Users can capture and store receipts with the Sunrise mobile app, providing users with an efficient way to organize expense claims.

  • Sunrise delivers 256-bit secure sockets layer (SSL) encryption, helping users manage sensitive financial data safely and securely.

  • Sunrise includes customizable invoices, allowing users to create professional invoices complete with customizable logo quickly and easily.

  • Sunrise facilitates financial reporting with balance sheet, tax summary and customer statement reports, granting users valuable, accurate insight into business performance.
  • Typical Customers

    • Freelancers
    • Small Businesses (2-50)
    • Mid-size Companies (51-500)
    • Large enterprises (500 and more)

    Deployment

    • Cloud-based
    • On-premise

    Markets

    United States

    Supported Languages

    English

    Pricing starting from:

    US$19,99/month

    • Free Version
    • Free Trial
    • Subscription

    Images

    Lendio Software - The dashboard provides insights into your business.
    Lendio Software - Identify areas of growth through your reports.
    Lendio Software - Customize your invoices for your clients.
    Lendio Software - Match and categorize your transactions for accurate reporting.
    Lendio Software - Approve expense claims
    Lendio Software - Send invoice reminders
    Lendio Software - Send invoices on-the-go to your customers.
    Lendio Software - Connect your bank and start receiving payments right to the Sunrise app.
    View 8 more
    Lendio Software - The dashboard provides insights into your business.
    Lendio Software - Identify areas of growth through your reports.
    Lendio Software - Customize your invoices for your clients.
    Lendio Software - Match and categorize your transactions for accurate reporting.
    Lendio Software - Approve expense claims
    Lendio Software - Send invoice reminders
    Lendio Software - Send invoices on-the-go to your customers.
    Lendio Software - Connect your bank and start receiving payments right to the Sunrise app.

    Features

    Total features of Lendio: 28

    • Activity Tracking
    • Approval Process Control
    • Audit Trail
    • Automatic Billing
    • Bank Reconciliation
    • Client Portal
    • Compliance Management
    • Contact Database
    • Core Accounting
    • Customizable Branding
    • Customizable Invoices
    • Data Visualization
    • Financial Reporting
    • General Ledger
    • Hourly Billing
    • Income & Balance Sheet
    • Invoice Creation
    • Invoice History
    • Mobile App
    • Mobile Payments
    • Multi-Company
    • Online Invoicing
    • Online Payments
    • Payment Processing
    • Profit/Loss Statement
    • Quotes/Estimates
    • Status Tracking
    • Tax Calculation

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    Reviews

    Overall rating

    4,5 /5
    (213)
    Value for Money
    4,6/5
    Features
    4,2/5
    Ease of Use
    4,6/5
    Customer Support
    4,5/5

    Already have Lendio?

    Software buyers need your help! Product reviews help the rest of us make great decisions.

    Showing 5 reviews of 213
    Chris
    Overall rating
    • Industry: Financial Services
    • Company size: Self Employed
    • Used Weekly for 1+ year
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 10.0 /10

    Great Program! Simple & Easy to Use

    Reviewed on 2020/05/05

    It has helped me exponentially in balancing my books and keeping me on track.

    It has helped me exponentially in balancing my books and keeping me on track.

    Pros

    I love how easy it is to use. As a former quickbooks user, I was tired of how complicated they were for smaller businesses and just didn't like the look of it overall. Using Sunrise is very simple and has everything I need as a small business owner. I love how it integrates and matches my expenses and payments with my bank account, credit card and invoices.

    Cons

    The only process I found difficult was when I have made a return of a product. Trying to reconcile that was not as simple as I feel it could be.

    Response from Lendio

    Wow, Chris, we appreciate you leaving such a glowing review. We aim to take the power of bookkeeping and put it in the hands of our customers in a simple and easy-to-use platform. Instead of hours trying to figure out your bookkeeping, we want to give you back that time, so you can focus on growing your business. Truly, we are lucky to have such wonderful customers like yourself. Thanks again for the feedback.

    Anthony
    Overall rating
    • Industry: Entertainment
    • Company size: 11–50 Employees
    • Used Monthly for 1-5 months
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 10.0 /10

    SURPRISE

    Reviewed on 2020/04/28

    I will say I have been over impressed with Sunrise and my bookkeeper [SENSITIVE CONTENT HIDDEN]
    . ...

    I will say I have been over impressed with Sunrise and my bookkeeper [SENSITIVE CONTENT HIDDEN]
    . As other businesses right now are probably thinking, how do I get the data, continue to pay for ancillary services like Sunrise, do I get rid of it? We are nervous and scared about our small business on a regualr basis. I will day Sunrise has stepped up and been a huge help in this regard. The partnership with [SENSITIVE CONTENT HIDDEN]
    has been so amazing and so needed In these times when all I am thinking about is how do I keep this business open and what are our numbers saying. Again I was so torn about keeping this service because how we pay for this during these times but it there is one area I'm happy we decided to keep its Sunrise.

    Pros

    The ability to populate the data in a time right now accurately and time is super important. This has been very helpful

    Cons

    so far so good. I am constantly looking for faults. I would like to see the mobile application much more user friendly and accessible.

    Alternatives Considered

    RUN Powered by ADP

    Reasons for Switching to Lendio

    The monthly fixed service charge was competitive and comparable.

    Response from Lendio

    Thank you, Anthony, for your amazing 5-star review. We strive to assist business owners in the best way possible. This means making our tool intuitive and reliable. We are so happy to hear that your bookkeeper was able to organize your accounts quickly and thoroughly. We are lucky to have her on our team. Thank you again for your feedback.

    Tom
    Overall rating
    • Industry: Internet
    • Company size: 2–10 Employees
    • Used Monthly for 2+ years
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 0.0 /10

    Terrible bait and switch

    Reviewed on 2022/03/07

    The product used to be good, but now it's just full of annoying upsells and pushing Lendio's credit...

    The product used to be good, but now it's just full of annoying upsells and pushing Lendio's credit product at every chance. The UI has gotten more confusing over time, they really don't have the user experience in mind when developing the product.

    Pros

    The UI used to be good, but it's been going downhill recently.

    Cons

    What I like the least is the company that currently owns Sunrise and the way they have been treating early adopters... Lendio acquired an accounting product originally called Billy, and renamed it Sunrise. First, they kicked out all the users outside the US and Canada (despite them paying for a lifetime license). Over the past few months they have started forcing early adopters to pay monthly for a product they already purchased a lifetime license to. It would be fine to charge for new features, but they are forcing users to pay for already existing features (e.g. you can't modify your existing invoice templates without paying again, for example, nor sync transactions with PayPal, and more).

    I'm sure this is legal and all, but it's not a nice way to treat customers... 👎

    David
    Overall rating
    • Industry: Professional Training & Coaching
    • Company size: 2–10 Employees
    • Used Monthly for 6-12 months
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 10.0 /10

    Making Life Easier

    Reviewed on 2020/05/27

    Very positive, once I engaged and learned how to use it effectively. I have a GREAT bookkeeper in...

    Very positive, once I engaged and learned how to use it effectively. I have a GREAT bookkeeper in [SENSITIVE CONTENT HIDDEN].

    Pros

    [SENSITIVE CONTENT HIDDEN] is my bookkeeper and he is always looking out for me. I have never met [SENSITIVE CONTENT HIDDEN], but he has earned my trust.

    Cons

    I have no complaints about the software.

    Response from Lendio

    Hi David, thank you for your wonderful feedback. That is our mission and goal here. We strive to have the small business owner's back. To lift you up and help you succeed. We are thrilled to hear that Stephen has earned your trust to efficiently and effectively manage your books. We are lucky to have him on the team!

    Art
    Overall rating
    • Industry: Publishing
    • Company size: 2–10 Employees
    • Used Daily for 1+ year
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 10.0 /10

    Easy to use Accounting Foundation, Impressive Road Map

    Reviewed on 2018/11/24

    Billy is a small business accounting lifesaver. I love how Billy saves me time in day-to-day...

    Billy is a small business accounting lifesaver. I love how Billy saves me time in day-to-day operations and keeps me compliant with my books. My accountant even loves Billy (and she used to recommend that "books" software). Thank you Billy!

    Pros

    For the first time in 20+ years accounting is not a frustrating and overly expensive task. Billy has provided my companies a easy to use and nearly complete solution that does not cost a fortune or hold me hostage. Using Billy has saved me countless hours each month for the past 18 months. It's streamlined and logical workflows, dead simple invoicing, and reasonable fees make Billy a real winner for small business.

    Cons

    The only gotcha with Billy is their integration with PayPal accounts is not as clean as it could be. The company is on the right track and should have this issue resolved shortly. The support team at Billy has been fantastically helpful and understanding. They not only know accounting, they know how to help people.

    Showing 5 reviews of 213 Read all reviews

    Lendio FAQs

    Below are some frequently asked questions for Lendio.

    Lendio offers the following pricing plans:

    • Starting from: US$19,99/month
    • Pricing model: Free Version, Subscription
    • Free Trial: Available

    Sunrise is free to get started. You can also upgrade to Sunrise Plus to unlock additional discounts on merchant processing fees for invoicing, and machine learning to auto-categorize your business expenses, https://sunriseapp.com/pricing/.

    Lendio has the following typical customers:

    Self Employed, 2–10, 11–50, 51–200

    Lendio supports the following languages:

    English

    Lendio supports the following devices:

    Android (Mobile), iPhone (Mobile)

    Lendio integrates with the following applications:

    GUSTO PRODUCT SUITE, Stripe, Zapier

    Lendio offers the following support options:

    Email/Help Desk, FAQs/Forum, Knowledge Base, Chat

    Related categories

    See all software categories found for Lendio.