Lendio
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.
Key benefits of Lendio
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Reviews
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- Industry: Marketing & Advertising
- Company size: 2–10 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 7.0 /10
Great tool but needs some improvement
Reviewed on 17/11/2018
I definitely like the tool, but it needs some improvements in terms of giving more control over the...
I definitely like the tool, but it needs some improvements in terms of giving more control over the numbers to the users. Delete, void, etc.
Pros
I loved it once they connected the banks integration. This makes it very easy to do a reconciliation with your bank. The interface is great, and the reporting works good too.
Cons
It should be more customizable and we should be able to remove "unreconciled entries". Currently the only way to remove those is by uploading a .csv file which make is very time consuming to get everything up to date. Also we should be able to break a payment into different customers. For instance, I import payments from Stripe, but I have to attribute all the payments to the same person because of Billy limitations.
- Industry: Publishing
- Company size: 2–10 Employees
- Used Monthly for 1+ year
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 8.0 /10
Hassle free loan management
Reviewed on 23/06/2024
Simple and easy to navigate. Document upload is easy, even on cell phone, it works great.
Simple and easy to navigate. Document upload is easy, even on cell phone, it works great.
Pros
Mobile friendly and super easy to use even for non-tech savvy people.
Cons
Until now, I have no issues with this application.
- Industry: Internet
- Company size: 2–10 Employees
- Used Monthly for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 0.0 /10
Terrible bait and switch
Reviewed on 07/03/2022
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... 👎
- Industry: Internet
- Company size: 2–10 Employees
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Easy to use Bookkeeping tool
Reviewed on 16/07/2019
Pros
This tool was previously called Billy, but since Lendio bought it they changed the name to Sunrise. Not just the name changed, customer support improved a lot and the tool have more options.
It's worth nothing that this tool will only working for people that are US-based. The double entry booking is the same used by Quickbooks and software like it.
It's possible to attach receipts, invoice customers and charge them using Stripe, Square, PayPal and other payment gateways.
It's a very powerful app, yet, simple
Cons
It would be nice to see recurring payments, a set and forget to charge customers that are on subscriptions. Support told me they will add it soon!
- Industry: Legal Services
- Company size: Self Employed
- Used Daily for 2+ years
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Review Source
Overall rating
- Value for Money
- Ease of Use
- Customer Support
- Likelihood to recommend 10.0 /10
Great Booking Software With Service
Reviewed on 03/06/2020
Ease of use. Always on top of revenue and expenses.
Ease of use. Always on top of revenue and expenses.
Pros
Bookkeeping is not a sexy task, but Sunrise makes it bearable. And, the results are impressive.
Cons
Getting up to speed on the learning curve could be a little better.
Response from Lendio
You couldn't have said it any better, Greg. There are probably a million other things you'd like to do. But, bookkeeping is a necessary evil. We are so happy you find it user-friendly and accomplishes what you set out to do. We try to make is pleasant as possible. Thank you for your glowing review.
Lendio FAQs
Below are some frequently asked questions for Lendio.Q. What type of pricing plans does Lendio offer?
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/.
Q. Who are the typical users of Lendio?
Lendio has the following typical customers:
Self Employed, 2–10, 11–50, 51–200
Q. What languages does Lendio support?
Lendio supports the following languages:
English
Q. Does Lendio support mobile devices?
Lendio supports the following devices:
Android (Mobile), iPhone (Mobile)
Q. What other apps does Lendio integrate with?
Lendio integrates with the following applications:
GUSTO PRODUCT SUITE, Stripe, Zapier
Q. What level of support does Lendio offer?
Lendio offers the following support options:
Email/Help Desk, FAQs/Forum, Knowledge Base, Chat
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