Lendio Reviews

“Hassle free loan management

Pros

It is mobile-friendly and super easy to navigate, even for those who aren't tech-savvy.

Cons

So far, I haven't encountered any issues with this app.

“Was good, then a huge bait and switch

Pros

The invoicing was fantastic, offering Stripe payment options and customizable templates. However, after Lendio's acquisition, it deteriorated.

Cons

Lendio is an awful company with terrible service. I wouldn't trust them with my financial needs.

“Terrible bait and switch

Pros

The UI was excellent before, but it's been declining recently.

Cons

My biggest gripe is with the company that now owns Sunrise and how they've treated early adopters. Lendio acquired an accounting tool originally named Billy, rebranding it as Sunrise. Initially, they ousted users outside the US and Canada, despite having paid for a lifetime license. Recently, they've started forcing early adopters to pay a monthly fee for features they already bought for a lifetime. While it may be legal, it's certainly not customer-friendly.

“Perfect software and make your life easy!

Pros

I primarily use this software in hospital settings. I was familiar with it from my previous job, and when I moved to my new job where it wasn't used initially, I noticed how useful it is for daily tasks. It simplifies life, acting as a one-stop platform instead of juggling multiple browsers.

Cons

Since I primarily manage patient records and enter data, I find there are currently only a few templates available. It would be beneficial to include more templates for different settings.

“It suits my current needs.

Pros

I enjoy tracking my invoices, such as which ones were sent and which are late. The addition of customer portals is a significant advantage.

Cons

I would love to see some of these functions integrated into a mobile app.

“Excellent Service

Pros

Although I haven't used this daily, I appreciate the format and its straightforward usability.

Cons

I haven't used the software daily, so I can't give an answer.

“Sunrise saves time and adds balance

Pros

I find the software incredibly intuitive, making it easy to navigate even the more complex features without much hassle. The invoicing feature, in particular, stands out as exceptionally well-designed, allowing me to create and send invoices quickly and efficiently. I truly appreciate how this feature streamlines my workflow and helps me manage my financial tasks with ease.

Cons

I can honestly say there is not a feature I dislike.

“Great Software for Solopreneur

Pros

Compared to other software I've tried, this one stands out as significantly more intuitive and user-friendly. Navigating through its features feels almost effortless, and it simplifies tasks that I found cumbersome with other programs. Overall, using this software has been a smoother and more pleasant experience.

Cons

I'm struggling to get payment methods to function without opting for the paid merchant option.

“Excellent Customer Services and friendly use

Pros

I truly admire my accountant's dedication to keeping my books meticulously up to date. Her consistent availability to answer any questions and provide timely updates has been invaluable. It's reassuring to know I can rely on her expertise and responsiveness whenever I need assistance with my financial matters.

Cons

It's user-friendly, but further adjustments are needed to manage different accounts when running invoices.

“Sunrise by Lendio Review

Pros

Lendio is very easy to use. The free version has been especially beneficial for me as a small, beginning business owner. It's provided me with all the essential tools I need to get started without any cost, making it an invaluable resource during the early stages of my business.

Cons

I find myself needing to sign in repeatedly to use the receipt capture tool. It would be great if recurring invoices could accept one-time payments.

“Full Featured

Pros

It has numerous financial and bookkeeping features, and even after two years, I haven't explored half of them. I've been a member since it was called Billy.

Cons

There aren't many downsides, but if you're not a CPA or a similar professional, you probably won't use most features included in the free account.

“Great Booking Software With Service

Pros

Bookkeeping is not exciting, but Sunrise makes it tolerable with impressive results.

Cons

Getting up to speed on the learning curve could be a bit smoother.

“Loved by a Luddite!

Pros

As a creative, low-tech individual who hand-makes jewelry for museums, many programs confuse me and add to my disorganization. Sunrise simplified my life, especially in bookkeeping and invoicing, saving me from ongoing financial struggles. Its simplicity is invaluable, and I've saved hundreds in misplaced invoices over the years.

Cons

Sometimes I encounter issues with the editing feature, though it might just be me.

“Great Invoicing Software

Pros

The software enables me to send out professional-looking invoices.

Cons

It does exactly what it promises, so there's nothing to dislike.

“Truly make your bookkeeping easy

Pros

Lendio simplifies bookkeeping and helps save money, making it user-friendly enough for even a child to use.

Cons

Advanced filtering is not very intuitive, but it still performs well. Occasionally, the software takes a bit long to load.

“Perfect solution for a frustrating time

Pros

The ease of Sunrise was incredible! It relieved much of my frustration and delivered ideal results.

Cons

I can't think of any cons to mention. I'm really pleased with what I've received.

“Sunrise Accounting Software Makes Bookkeeping & Invoicing Fast and Efficient...

Pros

Lendio Accounting Software works efficiently in almost any web browser and simplifies my life. No longer typing invoices, tracking payments, or worrying about status updates has boosted my efficiency and reduced my stress.

Cons

It took a while to get everything set up, and although it offers numerous features that might not all be essential for me, it does exactly what I need it to do.

“Great For Small Businesses!

Pros

This product is far simpler for the average small business owner compared to other, more expensive and complex accounting products. Everything is very intuitive and easy to understand.

Cons

I've had repeated problems integrating my bank information into the software.

“Great invoicing software

Pros

I've been using this application for a couple of years (it originally had a different name before being bought out). I appreciate how easy it is to create recurring invoices and retain client information for payment collection.

Cons

There was a sudden rebilling issue with customers, which wasn't a usual function of the invoicing tool. It's actually a useful feature, but it caught one of my clients off guard.

“Making Life Easier

Pros

My bookkeeper,consistently looks out for my best interests. Even though we've never met in person, he has earned my trust through his diligent work and reliable support. His commitment to managing my finances has been truly reassuring.

Cons

I have no complaints whatsoever about the software.

“Great Product, Excellent Value

Pros

I started using this product when it was called Billy. Since Lendio's acquisition and its transformation into Sunrise, they've added helpful features. The subscription feature for recurring invoices is the best so far, benefiting both clients and myself. The software is intuitive with more features than I use, though I believe the expense features would be beneficial for my business once I set them up.

Cons

Editing recurring invoices is somewhat cumbersome. When changes are needed, I typically delete the old one and create a new one because I've experienced instances where edited recurring invoices remain unsent in the system, which isn't ideal for us or the client.

“Efficient and Easy to Use

Pros

I can create detailed client quotes in minutes and add deadlines if needed. If the client approves the quote, I can easily convert it to an invoice. It's simple to track and update payments for open invoices.

Cons

Making changes to permanent wording on invoices can be frustrating because accessing this section isn't EASY. Since it's something you rarely change, it means keeping detailed notes or contacting support each time.

“Easy invoicing software for small business

Pros

I like the recurring invoicing, customized invoices, and automatic tracking of invoices paid by credit card.

Cons

My bank is smaller, and unfortunately, the software doesn't integrate with it.

“Great accounting software

Pros

Although I'm not an accountant and lack extensive experience, the software's ease of use is a significant advantage. It has the core functionalities we need and many others I haven't explored, so it likely has features for advanced users. The invoicing system is excellent, easy, and customizable, with a quoting and estimating system that seamlessly converts to invoices. It also sends invoice reminders and automates payments. While I haven't used the bookkeeping system and loans offering, the other features are commendable.

Cons

It would be great to use our own domain for sending invoices and reminders instead of @sunriseapp.com. I haven't found a way to automate the invoicing process using a CSV file or tools like Zapier to avoid creating each item manually. This would save us a lot of time. I'm unsure if these features will be available later or if there's already a method, as I haven't come across them yet.

“Overall a Great Product

Pros

LENDIO is incredibly easy to set up and simplifies most accounting processes. We appreciate how easy it is to upload receipts, even via mobile, and connect them to their relevant expenses.

Cons

We're still waiting for a recurring bills feature to be added. Like most companies, we have bills that need to be paid monthly. Currently, there's no way to set up recurring expenses, so we have to input these bills manually each month. Additionally, one of my bank account connections stopped working 30 days ago, which means I can't reconcile transactions without a manual download. We've been waiting over 3 weeks for Sunrise support to reconcile this, but each time we ask for an update, they're still in contact with the third-party provider to resolve the issue.

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

Pros

This is the tool I recommend for any business owner or 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, a 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

Initially, there's a learning curve, but it's manageable. Lendio has been enhancing Sunrise since acquiring Billy, yet there are areas that still need improvement. Not having a central account dashboard means checking transactions and balances for each account separately, rather than on one page. It would be more convenient if report settings could be saved; currently, I have to select my P/L report settings every time I run it to view monthly data for the current year.

“Good software

Pros

Good software. It's easy to navigate and understand. It doesn't take much time to learn the ins and outs to become proficient. The support is top-notch when I have a question.

Cons

There's not much to dislike about the software; some things can feel repetitive, but these can be adjusted in settings.

“Simple Billing Software

Pros

I don't use the accounting features, so I focus on the billing features. It's very easy to create a professional-looking invoice and share it with the customer instantly via email. It's simple to use, straightforward, and self-explanatory.

Cons

One feature I'd find helpful is being able to view invoices associated with specific products from the product overview. It would also be convenient to bulk-edit selected products, such as applying a 2% price increase across them.

“Great for My Small Company

Pros

It has made it easier to track my billing.

Cons

Sometimes, I struggle to find buried features I need.

“Essential software

Pros

I find this software extremely intuitive. I've never had a significant issue with the app; it has always worked very well. While I likely do not use it as heavily as others might, it has been perfect for my needs. Especially come tax time, Sunrise makes the paperwork as simple as a few clicks.

Cons

Customization options are somewhat limited; for example, it repeatedly asks for tax information and to email invoices, which isn't necessary for my business. However, these are minor issues.

“Sunrise by Lendio Review

Pros

This software is a smart component of my business. Yup, it's essential. Yup, it's focused on my accounting needs. Yup, it's very reasonably priced. These guys do a good job, which is accentuated by the support I get from their team. Keep up the good work!

Cons

No complaints here; it's easy to use. I just wish I had discovered it sooner.

“Super Simple Bookkeeping Option for Small Nonprofit

Pros

My team is all volunteer, and we don't have the resources for a lot of expensive software or training. Using Sunrise is pretty intuitive, and you can learn the system really quick.

Cons

Having an app would be convenient. I remember there used to be one for taking photos of receipts, but I haven't been able to use it.

“Marks take

Pros

I primarily use this software for invoicing, and it has proven to be highly effective. The invoicing process is smooth and reliable, consistently delivering excellent results. This tool simplifies my billing tasks and ensures everything runs efficiently.

Cons

It's frustrating not being able to resize columns in the invoices.

“Great software so far, a few more features would make it incredible.

Pros

I love the simple design and customizability of this software. Very easy to use and a joy to show off to clients.

Cons

A mobile app would greatly simplify creating invoices and other tasks, as I've suggested to the team. Hopefully, they'll develop these features soon.

“The best bookkeeping software

Pros

Lendio is simple and user-friendly, making it easy to navigate. Also, it seamlessly integrates with a wide range of other applications, enhancing its functionality and convenience.

Cons

I can't go back and check the date a payment was entered if it wasn't directly made by the customer.

“It's a great software

Pros

The invoicing is amazing. The software is very easy to use.

Cons

Cost of goods sold is confusing and hard to manage, voided invoices can't be reviewed, and posting expenses is cumbersome. Also, we can only connect Chase merchant accounts, which limits our options.

“Good product

Pros

This product is incredibly user-friendly, featuring a clean and intuitive interface that makes navigation smooth.

Cons

The only addition I'd like is automatic addition of the invoice number.

“Its an excellent app for startups & entrepreneurs!

Pros

I absolutely love automating my invoicing process. Every month, the software automatically bills my customers and manages the transactions seamlessly. It also provides me with clear visibility into which customers aren't paying their bills, which is incredibly helpful. It's a fantastic feature.

Cons

They still lack Zapier integration, but they've invited me to join their beta program, which is promising as I want to integrate it with my all-in-one digital marketing platform, Automate CRM. This integration would streamline sign-ups and billing for my clients. Embeddable payment forms are also needed; currently, using Stripe bypasses their system, which isn't sustainable long-term. They should catch up like Waveapps, which I'm exploring due to these limitations.

“Great Accounting Software

Pros

Lendio allowed me to streamline getting invoices out to clients. What was tedious before became very easy!

Cons

I really wish they had a companion app alongside the website. Sometimes, I need to access client payment history on the go, and the website isn't optimized for mobile and can be hard to navigate.

“Great

Pros

They are completely focused on providing me with the opportunity to excel and reach my full potential.

Cons

Every time I've called, the phone has been busy, but I understand.

“Easy to use for invoicing

Pros

Intuitive and easy. I also like the reports I can run for my invoicing and options for sorting information.

Cons

I used to use Billy, which allowed wire transfers without fees. Now, with a percentage fee, I don't offer that option to clients anymore.

“Sunrise: Here comes the Sun!

Pros

It makes sending and receiving invoices and itemizing expenses seamless and easy.

Cons

I haven't encountered any issues so far.

“Perfect Solution for Small Businesses

Pros

The Financial Statements produced each month are super helpful in letting me know where the business stands, and made tax season so easy and stress-free. All my income and expenses were in the right accounts and summarized for easy entry into TurboTax.

Cons

I would appreciate recurring transactions, like my mortgage payments, being automatically categorized. Also, having a mobile app for Sunrise to classify expenses as they occur would be helpful.

“Great System

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. It works perfectly for my needs.

“Great Program! Simple & Easy to Use

Pros

I like how simple this software is to use. As a former QuickBooks user, I found their system too complicated for smaller businesses and disliked its overall look. Sunrise, on the other hand, is easy and provides everything I need as a small business owner. I particularly appreciate how it integrates and matches my expenses and payments with my bank account, credit card, and invoices.

Cons

The only challenging process I've found is handling product returns and reconciling them, which is not as easy as I'd like.

“Sunrise by Lendio

Pros

Simplicity. It is a lot simpler than any other software on the market.

Cons

None. I genuinely like this software. I can't think of anything negative.

“Great Small Business All-in-one solution

Pros

The interface is easy and very accessible. Workflows and billing are simple. I don't need a professional accountant to help me get used to this software.

Cons

The interface lacks preset settings or personalization features. For instance, when viewing all my invoices, I prefer to see only the fiscal year, but the page always shows the full history, which isn't ideal.

“Multiple functions and user friendly

Pros

It's easy to set up categories for income & expenses. Very good to keep track of profit & loss on a monthly basis. I like the profit & loss and invoice feature.

Cons

I didn't find any functions that I dislike.

“Thanks

Pros

Easy-to-use software, very helpful, I LOVE IT!!

Cons

This software is easy to use and has helped me grow my business.

“Sunrise accounting

Pros

This is great software if you're just starting out. Perfect for bookkeeping and invoicing.

Cons

I haven't explored all its capabilities yet, but there are some automation features I wish it had.