Market overview · July 2026

Invoicing software compared: sevDesk, Lexware Office, easybill & co. — and where Billy fits in

Anyone shopping for invoicing software in the German-speaking market in 2026 runs into the same big names: sevDesk, Lexware Office, easybill, FastBill — or a full ERP suite like Odoo. All are established, and at all of them “AI” has mostly meant receipt recognition so far.

This comparison focuses on exactly these tools and the two questions that matter day to day: how good do your invoices look — and what does the AI actually take off your plate? Plus an honest note on when another tool is the better pick. Billy is the AI invoicing app for freelancers in Austria, Germany and the US.

The feature comparison: design & AI in focus

Feature comparison: Billy, sevDesk, Lexware Office, easybill, FastBill and Odoo, as of July 2026
BillysevDeskLexware OfficeeasybillFastBillOdoo
Best forAI invoicing & automatic dunning (DE/AT/US)Bookkeeping & invoicing in one toolFull bookkeeping with ELSTER (Germany only)E-commerce & marketplaces (Amazon, eBay, Shopify)VAT filing from the tool & deep template designGrowing companies with ERP needs
Document limitfrom 50/month; unlimited on ProFree: 3 invoices/month; paid unlimitedNo limit stated (fair use per T&Cs)Free: 50/month; Starter: 250/monthNo invoice limit statedNo limit — even on "One App Free"
Pricefrom €9 / monthfrom €12.90 / monthfrom €12.90 / month (plan M)Free; from €9 / monthfrom €9 / month (Solo)"One App Free"; Standard €19.90 per user/month
Invoice from AI promptYescore featureNoNoNoNoNo
All features via AI assistantYesassistant reaches every featureNosuggestions only (receipts, bookings)Nosuggestions you must acceptNoAI drafts text, you decideNoOCR; receipts checked manuallyNoAI in places (documents)
Professional templatesYesdesigned templatesYes11 layouts, 6 of them PremiumPartially5 base layoutsPartially2 base layouts you clonePartiallyeditor with own fonts; Solo: 1 templatePartiallyconfigurable layouts
Live previewYesNopreview is a separate stepNopreview on clickYes
Recurring invoicesYesset up in one sentenceYesYesseries invoicesPartiallyProfessional (€25) and upPartiallyPro (€27) and upYes
Automatic email sendingYesinvoices & reminders, from the entry planPartiallyseries invoices optionally automatic; dunning manualPartiallyseries invoices optionally automatic; no automatic dunningPartiallyseries from Professional, dunning Premium onlyPartiallydunning as a paid add-onPartiallyfollow-up reminders automatic once configured
BookkeepingNodeliberately notYesin the accounting planYesplan L and upNoPartiallyVAT filing yes, EÜR noYesaccounting module
E-invoicingNoPDF invoicesYeseven in the free tierPartiallysending from plan MYeseven in the free tierYesin every planYes

Net prices with annual billing per the vendors’ pricing pages, verified 31 July 2026; Odoo prices vary by country. All information without guarantee — the vendors’ own pages are authoritative. On e-invoicing: German Kleinunternehmer (§19 UStG) are permanently exempt from the issuing obligation — details in the FAQ below.

Invoicing app or accounting software? The honest difference

sevDesk and Lexware Office are, at their core, bookkeeping tools: they generate the EÜR profit statement, file the VAT pre-registration via ELSTER, reconcile bank accounts and export to DATEV. Odoo goes further still and ships an entire ERP suite. That is a lot — and exactly right for anyone who wants to do their entire bookkeeping themselves.

Billy deliberately does not do that. Billy is a focused invoicing app: professionally designed, legally compliant invoices (§14 UStG / §11 öUStG, §19 small-business scheme, §13b reverse charge), quotes, credit notes, recurring invoices, automatic payment reminders — plus an AI assistant that does all of it on request. If a tax advisor handles your books, or you simply want to get paid without learning accounting software, you often don’t need the rest at all.

Where Billy has a clear edge

The most important difference is in the AI rows of the matrix: at every vendor compared here, "AI" as of July 2026 means receipt recognition, booking suggestions or a support chatbot. None of these tools has an assistant that does the actual work.

  • A real AI assistant: "Invoice Anna €1,200 for the March workshop" — Billy drafts the invoice, you approve, Billy sends it.
  • Automatic reminders from the entry plan: payment reminders and Mahnungen run on your schedule — easybill offers this only in its Premium plan, FastBill as a paid add-on, sevDesk and Lexware Office as a per-invoice click.
  • Austria as a home market: §11 öUStG, the small-business scheme and reverse charge come preconfigured — Lexware Office, easybill and FastBill don’t support Austria at all.
  • Bilingual (German & English) plus a US region: currency, date formats and tax logic switch automatically.
  • Design first: professionally designed templates with a live preview as you type — the invoice is what your clients see of you.
  • Control: the assistant sends nothing and changes no data without your confirmation.

The head-to-head comparisons

Torn between Billy and one specific tool? There is a dedicated, detailed comparison for each major vendor:

When another tool is the better choice

A fair comparison names the other direction too. You should pick another tool if any of these apply to you:

  • You want to file the EÜR and VAT pre-registration yourself inside the tool: sevDesk and Lexware Office (plan L) file directly via ELSTER, FastBill includes VAT filing in every plan. Billy has no bookkeeping or tax-filing features.
  • You sell on Amazon, eBay or Shopify: easybill specializes in marketplace billing, OSS and shipping integrations.
  • You need ERP features like inventory, manufacturing or CRM: Odoo covers far more ground as a modular suite than any invoicing app.
  • You must issue XRechnung or ZUGFeRD today (e.g. for public-sector or large corporate clients): the tools compared here create structured e-invoices, some even in their free tiers. Billy currently creates PDF invoices — though as a Kleinunternehmer you are permanently exempt from the e-invoice issuing obligation (see below).
  • You want receipt scanning and bank reconciliation: banking sync and receipt capture are the accounting tools’ strength, not Billy’s.

The e-invoicing mandate: what actually applies as of July 2026

For Billy’s core audience — freelancers and small businesses in Austria and Germany — there is therefore no obligation to issue e-invoices as of today. What remains important is being able to receive and open incoming e-invoices.

The tools in brief

sevDesk

The market leader for freelancers who want invoicing and bookkeeping in one: EÜR, VAT filing via ELSTER, banking, DATEV, plus a dedicated Austrian version (sevdesk.at). E-invoices (XRechnung/ZUGFeRD) are included even in the free tier with 3 invoices per month. "AI" here means receipt capture and the support chatbot Sevi; reminders are created per invoice with a click.

Lexware Office (formerly lexoffice)

The Haufe-Lexware classic with over 230,000 customers, a very approachable interface and a payroll add-on. Invoicing starts with plan M (€12.90 net), bookkeeping/EÜR/ELSTER with plan L. Important for Austrians: per its own help center, Lexware Office is suitable for Germany only.

easybill

Strong for e-commerce: Amazon, eBay and Shopify integrations, OSS and shipping labels, plus a permanently free tier with 50 documents per month including e-invoicing. Recurring invoices require the Professional plan, automated dunning the Premium plan; archiving costs extra.

FastBill

Back in its founders’ hands since the 2024 buyback. Its specialty: VAT pre-registration goes directly to the tax office via ELSTER in every plan. Recurring invoices require Pro, fully automatic dunning is a paid add-on, and an official EÜR is missing.

Odoo

The modular open-source ERP suite: invoicing, accounting, CRM, inventory, manufacturing and dozens more apps. A single app is free ("One App Free"); beyond that you pay per user per month — often plus setup or partner effort. Usually oversized for pure invoice senders; the detailed comparison is linked above.

Frequently asked questions

Which invoicing tool is best for freelancers in Germany or Austria?
It depends on what you need. If you want bookkeeping, the EÜR profit statement and VAT pre-registration in the same tool, sevDesk or Lexware Office are the established choices. If you sell on marketplaces, easybill is strong. If you mainly want to write beautiful, legally compliant invoices fast and hand the payment-reminder chasing to an AI assistant — perhaps because a tax advisor handles your books anyway — Billy is built for exactly that.
What makes Billy different from sevDesk and Lexware Office?
Two things. First, focus: sevDesk and Lexware Office are accounting software with an invoicing module; Billy is an invoicing app with an AI assistant — no EÜR, VAT filing or DATEV export. Second, the AI: at sevDesk and Lexware Office, "AI" means receipt recognition or a support chatbot (as of July 2026). Billy's assistant creates invoices from a sentence, emails them, monitors outstanding payments and schedules automatic reminders — and every action requires your confirmation first.
Do small businesses (Kleinunternehmer) have to issue e-invoices (XRechnung/ZUGFeRD)?
No. Under §34a UStDV, German Kleinunternehmer (§19 UStG) are permanently exempt from the obligation to ISSUE e-invoices — though they must be able to RECEIVE e-invoices since 1 January 2025. Everyone else: issuing becomes mandatory from 2027 (prior-year revenue above €800,000) and from 2028 for all domestic B2B. Austria has no B2B e-invoicing mandate at all so far, only the B2G obligation towards the federal government.
Which invoicing tool works in Austria?
Of the popular German tools, only sevDesk offers a dedicated Austrian version (sevdesk.at); Lexware Office states in its own help center that it is suitable for Germany only. Billy is built for Austria and Germany from day one: §11 öUStG mandatory fields, the small-business scheme and reverse charge are already built into the templates. Purely Austrian alternatives like ProSaldo.net or FreeFinance are covered in dedicated comparisons.
What about Billomat, Papierkram or Accountable?
All three are solid niche tools: Billomat is a pure invoicing tool (from €19, capped at 30 invoices/month), Papierkram shines at project time tracking, Accountable handles tax returns too. This comparison focuses on the most widely used tools — for most freelancers, the shortlist comes down to these names.
Can I try Billy for free?
Yes. Every plan (Founder, Growth, Pro) starts with a 7-day free trial — no credit card. There is no permanently free plan — but Billy starts at €9 per month.

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Legal notice: general information, not legal or tax advice within the meaning of the German StBerG or RDG; no client relationship arises. No warranty as to accuracy, completeness or currency. Liability is excluded to the extent permitted by law; intent, gross negligence and injury to life, body or health remain unaffected. For your own case, your tax adviser or lawyer governs.