iQommerce

What Is iQommerce?

iQommerce is a back-office business automation platform for managing the financial side of business operations. It manages accounts receivable and accounts payable as part of business invoicing processes. The platform tracks time through timesheets and organizes project information, while also supporting quotes and workflow automation. Its analytics and reporting capabilities organize business data for analysis and reporting.

iQommerce provides configurable business automation across industries, business sizes, job roles, and departments. The platform is designed for businesses that use invoicing as a means of commerce and provides an integrated interface for managing back-office business processes.

What Is iQommerce Best For?

iQommerce is best known for its payable invoice automation, powered by advanced OCR that extracts critical invoice data, validates entries, and verifies vendor prices. It processes invoices from PDF and image files, reducing reliance on paper-based and manual workflows. This helps businesses handle recurring payable invoices with less administrative effort and faster processing.

How Much Does IQommerce Cost?

iQommerce pricing starts at $34.95/month for the Freelancer plan, whereas other tiers are priced as follows:

• Micro Business: $99.95/month
• Small Business: $169.95/month
• Mid-Size Business: $349.95/month

In addition to the base subscription costs, organizations should account for the following potential expenses:

• Implementation And Onboarding: $500–$2,500/one-time - Business configuration, user roles, invoice workflows, approval processes, and administrator training
• Data Migration: $300–$2,000/one-time - Importing customer, vendor, invoice, quote, project, and historical financial data
• Accounting And Business Integrations: $500–$3,000/one-time - Connecting accounting platforms, payment systems, or other business applications through available integrations or APIs
• Advanced Workflow And Reporting: $500–$3,500/year - Custom approval workflows, enhanced reporting, dashboards, automation rules, and specialized business analytics

Disclaimer: The pricing is subject to change.

iQommerce Integrations

The software currently integrates with QuickBooks Online and QuickBooks Desktop.

How Does iQommerce Work?

Here's how you can get started with the software after logging in:

• Set up a master price book with the goods and services being sold
• Create and send receivable invoices using customizable templates
• Process payable invoices with OCR to automate data capture
• Log time through timesheets and route entries through approval workflows
• Convert timesheet entries directly into customer invoices for rebilling
• Generate quotes and manage project information alongside invoicing activity
• Monitor revenue, spending, labor costs, and productivity through analytics and reporting

Who Is iQommerce For?

iQommerce software is designed for businesses across the following industries:

• Commercial contractors and trades
• General contractors
• Consulting
• Property management
• Manufacturing
• Renewable energy

iQommerce Use Cases

Based on our analysis of iQommerce's capabilities, we have identified key scenarios where the platform is commonly used:

1. Contractors Managing Project Costs, Vendors, And Client Billing

General contractors and commercial contractors often need to track project costs across vendors, suppliers, labor hours, and customer billing activities without relying on disconnected spreadsheets. iQommerce’s Projects module brings payable invoices, receivable invoices, quotations, time tracking, vendors, and customers into a single project view. Teams can monitor project costs and revenue in real time, compare vendor and customer performance, and use project analytics to understand profitability before issues affect margins.

2. Service Businesses Rebilling Employee And Contractor Time

Consulting firms and service-based businesses that bill clients based on employee or contractor hours may struggle with manually collecting timesheets, approving entries, and converting tracked time into invoices. iQommerce’s Timesheets module allows teams to record time against projects and tasks, create approval workflows, and convert approved timesheet entries into customer invoices. This helps businesses maintain accurate records of billable work and connect labor activity directly with invoicing.

3. Companies Creating Frequent Quotes And Project Proposals

Businesses that regularly prepare estimates for customers may face delays when manually building quotes, updating prices, and ensuring consistent margins across proposals. iQommerce’s Quotes module allows teams to create quotes from customer-specific pricelists, apply discounts, and convert approved quotes into work orders or invoices. This provides a structured workflow from initial pricing discussions through final billing activities.

4. Finance Teams Automating Invoice Processing And Revenue Tracking

Small and mid-sized businesses handling large volumes of payable and receivable invoices may spend significant time entering invoice data and monitoring payment activity manually. iQommerce’s Receivable Invoice module provides customizable invoice templates, integrated price books, and OCR capabilities for processing payable invoice documents. Teams can also use invoice analytics to monitor revenue trends, compare customer performance, and identify payment patterns.

Is iQommerce Right For You?

Looking for a back-office platform with invoicing, timesheets, projects, and reporting all in one place? iQommerce is open to freelancers, small and mid-size businesses, and is priced per user for seats and monthly invoice credits.

The platform also provides customizable user permissions, role-based data access, and signing authority, while its cloud-based and user-friendly setup renders support for teams to work from any device with an internet connection.

Still not sure if iQommerce is right for you? Contact our customer support team at (661) 384-7070, who will help you make the best decision regarding iQommerce features and more.