--- title: Anchor Reviews meta_title: 'Anchor Reviews 2026: Details, Pricing, & Features | G2' meta_description: Filter 121 reviews by the users' company size, role or industry to find out how Anchor works for a business like yours. aggregate_rating: rating_value: 4.9 review_count: 121 scale: '5' date_modified: '2026-07-01' parent_category: name: Accounting & Finance url: https://www.g2.com/categories/accounting-finance --- # Anchor Reviews **Vendor:** Anchor **Category:** [Billing Software](https://www.g2.com/categories/billing) **Average Rating:** 4.9/5.0 **Total Reviews:** 121 ## About Anchor Anchor is the leading AR automation platform that gets service businesses paid on time, every time effortlessly. With no subscription fees, Anchor combines proposals, agreements, billing, and payments into one seamless workflow. Clients are auto-billed and auto-charged based on dynamic agreements, and everything syncs in real time with your general ledger. Designed for accountants, consultants, agencies, and service providers, Anchor eliminates manual billing tasks, reduces human error, and helps prevent revenue leakage. • Close deals faster with branded online proposals • Send flexible agreements that evolve with scope and terms • Automate billing: recurring, hourly, fixed, or one-time • Accept ACH or credit cards with adjustable fee settings • Collaborate via roles, permissions, and audit trails • Give clients a self-serve portal and automated reminders • Sync with QuickBooks Online, Xero and 5,000+ apps via Zapier Just $5 per payment. No subscriptions. No limits. ## Anchor Pros & Cons **What users like:** - Users appreciate the **time-saving automation** of Anchor, simplifying billing and client proposal management effortlessly. (30 reviews) - Users appreciate the **ease of use** of Anchor, finding it straightforward and efficient for both themselves and clients. (24 reviews) - Users value the **automation of billing** in Anchor, eliminating the need to chase payments and streamlining processes. (18 reviews) - Users praise the **efficiency** of Anchor, which streamlines processes and saves significant time in managing proposals and billing. (16 reviews) - Users praise the **flexibility** of Anchor, streamlining proposals and billing while enhancing professionalism and efficiency. (16 reviews) - Users highlight the **exceptional customer support** from Anchor, appreciating their responsiveness and helpfulness in resolving issues. (15 reviews) - Time Saving (15 reviews) - Easy Integrations (14 reviews) - Easy Setup (14 reviews) - Users value the **efficient invoicing and billing agreements** of Anchor, simplifying client management and saving time. (14 reviews) **What users dislike:** - Users feel that **payment issues** remain a concern, particularly around creating flexible payment plans for large projects. (8 reviews) - Users notice **processing delays** have improved, yet express a desire for quicker next-day funding options. (6 reviews) - Users express a need for greater **customization options** in Anchor, feeling limited by the system's constraints. (5 reviews) - Users note a **steep learning curve** with Anchor, requiring time and effort to become proficient in its use. (5 reviews) - Users note a **persistent delay in payouts** , especially for ACH payments, despite recent improvements in funding speed. (4 reviews) - Email Automation Issues (4 reviews) - Learning Curve (4 reviews) - Users find the **missing features** in Anchor, such as archiving rejected proposals and refund options, limiting their experience. (4 reviews) - Setup Difficulty (4 reviews) - Time-Consuming (4 reviews) ## Anchor Reviews ### 1. Streamlined proposal and payment processing tremendously **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Accounting | Small-Business (50 or fewer emp.) **Reviewed Date:** August 21, 2025 **What do you like best about Anchor?** I really like the interface and ease of setting up services and creating proposals. But what I really love most is the easy of receiving payment automatically and synced to Quickbooks. Previously, my proposal software was completely separate from my payment processor. Sooo much easier to have them combined. **What do you dislike about Anchor?** I would really like to be able to view/edit/customize ALL outgoing messages to prospects and clients before they are sent out. I would also like to be able to easily see all agreements by client. **What problems is Anchor solving and how is that benefiting you?** Seamless connection between proposal-agreement-payment. ### 2. Excellent Proposal & Invoicing Software **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Accounting | Small-Business (50 or fewer emp.) **Reviewed Date:** April 16, 2025 **What do you like best about Anchor?** I like that the proposals are customizable and you can great templates. It's nice to have a standard template to send prospects. It's also very inexpensive, and you can choose to either have the client pay CC fees, or absorb them yourself. It's very professional and leaves a good impression on clients. **What do you dislike about Anchor?** One thing I would like them to add is the ability to create items within a service package, and not include the individual prices of each item - just the overall package. I want to have a bit of a breakdown so I can record the items and service in my own Quickbooks, to track the items themselves, but then on the client side I don't want them to see the breakdown of each item. I just want the overall monthly service amount. **What problems is Anchor solving and how is that benefiting you?** Having a professional proposal software to send high-end proposals to prospects. Also, invoicing and recurring monthly payments. ### 3. The solution I was searching for! **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Accounting | Small-Business (50 or fewer emp.) **Reviewed Date:** May 21, 2025 **What do you like best about Anchor?** Anchor is the payment solution I was searching for. I love that I don't have to store my clients billing information. I like that my clients have the ability to see our agreement anytime and can update their billing preferences whenever they choose. The product is easy to use and saved me time un my processes. The integration with QBO is also a lifesaver. **What do you dislike about Anchor?** No complaints at this time. The product has bee great so far. **What problems is Anchor solving and how is that benefiting you?** Anchor is solving my proposal, billing and invoice problems. I don't want to manage my clients billing information with Anchor my clients don't have to share with me. This allows my clients to feel secure, it's one less thing I have to worry about and I get paid on time. ### 4. I always recommend Anchor to my colleagues **Rating:** 5.0/5.0 stars **Reviewed by:** Annette C. | Owner, Bookkeeper, Small-Business (50 or fewer emp.) **Reviewed Date:** January 15, 2025 **What do you like best about Anchor?** Anchor saves me time. I can create proposals and send them out in a fraction of the time it took me before I found Anchor. They also save me money because their fees per transaction are a lot less than I was paying before. I don't want to have to do my business without Anchor. Next to QuickBooks, they are my most valuable tech. The customer service is good, too. Responsive and smart. **What do you dislike about Anchor?** The only downside is, like all powerful software, there is a learning curve. It is user friendly and well designed, but it does take time to learn how to use it efficiently. Now that I have it figured out (mostly), it is easy to use. **What problems is Anchor solving and how is that benefiting you?** Anchor solves the problem of creating bespoke propsals for each of my clients. Not only that, but they capture an e-signature, so I don't have to have a separate app to obtain a signature and store the engagement agreement. Anchor invoices all of my clients and receives their payment automatically. If I need to make a change to an agreement, I can make the change, click a button, and Anchor sends a notification to my client and gets their approval. They save me time. ### 5. Simplified my billing process! **Rating:** 5.0/5.0 stars **Reviewed by:** Theresa B. | Owner, Small-Business (50 or fewer emp.) **Reviewed Date:** April 05, 2025 **What do you like best about Anchor?** I love that my billing is done automatically, each month, with no thought from me. In addition to that, anytime a client requests an additional service, it's very easy to add the charge to their account and know that my payment is on the way. I never have to chase down my money. Customer service is very responsive and helpful. I'm very pleased with the service! **What do you dislike about Anchor?** There's nothing I dislike about Anchor. You have to learn how to set up your agreements and invoices correctly. Once you get past that learning curve it's smooth sailing. **What problems is Anchor solving and how is that benefiting you?** My billing is automated. I do not have to spend any mental energy on it. ### 6. Ease of setting up proposal packages & getting paid at a low cost per head! **Rating:** 5.0/5.0 stars **Reviewed by:** Manasa N. | Owner- Founder, Small-Business (50 or fewer emp.) **Reviewed Date:** January 13, 2025 **What do you like best about Anchor?** I run a tax firm & have been looking forever for a way to create advisory "packages" for my client to self-select. Been through many different software & spent a LOT of time trying to sustain that. When I heard about Anchor- I checked it out, the ease of the set up and sending the packages is mind-blowing! The ability to easily transfer credit card fees to client. The fee/ transaction (a low $5) & no other overheads to worry about is stress-free. It integrates well with QBO & Zapier, so I got many automations in place now. Customer Support is great. **What do you dislike about Anchor?** The 10-day delay in pay-out if client picks ACH to pay is the only downside. This may get improved once I get added to "Fast Pay". I am not sure if I have been added yet. At this time, we can create 3 packages- if more can be added- it will be awesome. **What problems is Anchor solving and how is that benefiting you?** 1. Creating Proposal Packages. 2. Getting paid as soon as proposal is accepted. 3. Ease of set-up. 4. Low overhead. ### 7. Anchor is a game changer! **Rating:** 5.0/5.0 stars **Reviewed by:** Katie S. | Owner, Small-Business (50 or fewer emp.) **Reviewed Date:** February 28, 2025 **What do you like best about Anchor?** I love that I can have new clients sign a proposal and pay their invoice in one place. Its less moving parts for the onboarding process. **What do you dislike about Anchor?** I wish that Anchor had an option to automatically apply late fees without need "approval" from the client. Its in my contract, they don't get to approve whether or not they pay it... **What problems is Anchor solving and how is that benefiting you?** Anchor makes onboarding and billing so much easier! I love that proposals are free, so I’m not paying extra just to send them. I also don’t have to pay for a separate document signing platform since it’s all built in. Plus, having everything in one place for new clients makes onboarding super smooth. It saves me a time and keeps everything organized without a bunch of back-and-forth emails. ### 8. Proposals in a flash **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Accounting | Small-Business (50 or fewer emp.) **Reviewed Date:** July 17, 2025 **What do you like best about Anchor?** Anchor is great to get started with proposals fast. The team is very responsive and there is virtually no learning curve to get started. **What do you dislike about Anchor?** No much. Honestly any suggestions or issues I have the team has been responsive to by adding new features or showing me how to create simple workarounds until the feature is added. **What problems is Anchor solving and how is that benefiting you?** The biggest solve for my firm is recurring billing and annual increases. The proposal software has this functionality built right in so I dont have to remember to send a new proposal with an annual increase every year. ### 9. Our Fees on Merchant Services were greatly reduced **Rating:** 5.0/5.0 stars **Reviewed by:** Malinda O. | CEO, Accounting, Small-Business (50 or fewer emp.) **Reviewed Date:** July 17, 2025 **What do you like best about Anchor?** I love the Ease of quoting and contracting, and having it all in one place. **What do you dislike about Anchor?** I wish the ability to charge deposits on big projects would be easier to do progress billing on. **What problems is Anchor solving and how is that benefiting you?** The ability to quote, have engagements signed, and do billing all in one place has been a game changer for us. ### 10. The platform is straightforward and has streamlined our client intake process. So happy with it. **Rating:** 5.0/5.0 stars **Reviewed by:** Jacqueline V. | Owner, Small-Business (50 or fewer emp.) **Reviewed Date:** July 17, 2025 **What do you like best about Anchor?** UI/UX design super slick and beautiful. Easy to use. Easy to add team members. Great dashboards. **What do you dislike about Anchor?** Not able to add a legal address to contacts, only name, email and company name. **What problems is Anchor solving and how is that benefiting you?** Streamlining proposal / contract / billing in one place with a beautiful and simple interface. Integrates well with Quickooks online. ### 11. Streamlined Our Client Onboarding and Billing Workflow **Rating:** 5.0/5.0 stars **Reviewed by:** Katie P. | Founder, Small-Business (50 or fewer emp.) **Reviewed Date:** March 27, 2025 **What do you like best about Anchor?** Anchor has dramatically improved our client onboarding and billing workflow. We love how easy it is to send branded proposals, automate engagement letters, and collect payments seamlessly. The user interface is intuitive for our team and clients, and the automation has saved us so much time. It helps us present our firm professionally while keeping everything compliant and organized. **What do you dislike about Anchor?** There’s very little to dislike—Anchor does exactly what we need it to do. Overall, it’s been a solid and reliable solution for our firm. **What problems is Anchor solving and how is that benefiting you?** Improved cash flow and timliness of payments, streamlining proposals to clients, saving time in preparing proposals by incorporating engagement letters and billing. ### 12. Some of the best accounting software! **Rating:** 5.0/5.0 stars **Reviewed by:** Susan N. | CEO, Small-Business (50 or fewer emp.) **Reviewed Date:** December 23, 2024 **What do you like best about Anchor?** I love Anchor because I can have my contract, letter of engagement and payment processor all in one. Once I had all of my offerings set up, getting out a letter of engagement takes seconds instead of well over an hour. I usually do it on the initial call with a client, which helps lock down clients much faster. Super easy to use, great customer support and easy to get set up. The price is unbeatable as well. One of the nices things is that as a company, Anchor is listening to their clients (us) and impletenting upgrades all the time. **What do you dislike about Anchor?** The only downside to Anchor is that I would love to use it for digital signatures and skip the payment processing part of it. I understand that may be coming, so here's hoping. **What problems is Anchor solving and how is that benefiting you?** I don't have to recreate a proposal for each indivicual client, all of that is preloaded and only pricing has to be adjusted. That alone has saved me considerable time. ### 13. Anchor has been great to automate my proposals and collections! **Rating:** 5.0/5.0 stars **Reviewed by:** Marcela S. | CEO / Founder, Small-Business (50 or fewer emp.) **Reviewed Date:** December 29, 2024 **What do you like best about Anchor?** I love that its easy to create proposals and add/delete services very easily! It has saved me a lot of time when sending proposals and then I dont need to worry about collecting payments! Love how it was easy to learn this software too and implement it for my business. Customer support has been great! And the integration with Quickbooks is super easy! **What do you dislike about Anchor?** I wish there was more flexibility when making changes to agreements and controling notifications of what is sent to the clients. Also, would love to be able to add to a current agreement the different packages as options for client to choose from, same as a new proposal, instead of just adding a service without letting them choose an option first. **What problems is Anchor solving and how is that benefiting you?** It helps me send proposals very easily! It also helps with my A/R, collecting payments at ease without having to depend on client. ### 14. Incredible Solution **Rating:** 5.0/5.0 stars **Reviewed by:** Yehuda E. | CFO, Small-Business (50 or fewer emp.) **Reviewed Date:** July 17, 2025 **What do you like best about Anchor?** Anchor has an Incredibly easy to use interface. **What do you dislike about Anchor?** I personally believe Anchor should be more popular. **What problems is Anchor solving and how is that benefiting you?** Proposals and billing are handled together in a simple, seamless process. This ensures that a client can't begin until billing is properly set up, which helps keep everything organized and on track. ### 15. Solution every service based business should be using **Rating:** 5.0/5.0 stars **Reviewed by:** Katie H. | Tax Accountant, Accounting, Small-Business (50 or fewer emp.) **Reviewed Date:** July 17, 2025 **What do you like best about Anchor?** I love how easy it is to use and implement. It's incredibly user friendly and provides peace of mind with payment collection. **What do you dislike about Anchor?** Absolutely nothing, they are incredible! **What problems is Anchor solving and how is that benefiting you?** This is a set it and forget it method of collecting revenue from accepted proposal. ### 16. Using Anchor has improved our billing systems and created an easier, more automated workflow. **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Accounting | Small-Business (50 or fewer emp.) **Reviewed Date:** December 26, 2024 **What do you like best about Anchor?** It was very easy to implement with support from the team and easy to use once set up. I like being able to easily bill clients for out of scope work and adjusting their invoices as needed. **What do you dislike about Anchor?** Initially there was a significant delay between billing date and deposit into the bank account but that has improved. **What problems is Anchor solving and how is that benefiting you?** Anchor is improving our onboarding process for new clients and allowing us to get a better handle on billing changes for current clients. ### 17. Anchor is a great! **Rating:** 5.0/5.0 stars **Reviewed by:** Michael K. | Company Owner, Small-Business (50 or fewer emp.) **Reviewed Date:** July 17, 2025 **What do you like best about Anchor?** Professional looking online proposals/agreements. Automated payment processing. **What do you dislike about Anchor?** A bit of a learning curve to get comfortable with how to send proposals. Support is helpful but sometimes there is a delay in responding. **What problems is Anchor solving and how is that benefiting you?** proposal, e-signature, payment collection ### 18. Only a few months in and I love it! **Rating:** 5.0/5.0 stars **Reviewed by:** Kendale K. | Chief Financial Officer & Head of Partnerships, Small-Business (50 or fewer emp.) **Reviewed Date:** July 17, 2025 **What do you like best about Anchor?** Simple to use, recurring revenue setup, low fees, and can pass CC fees to customer. **What do you dislike about Anchor?** It's another system, even with integrations. Would love to see more expansive features in the future but I know it's an early company. **What problems is Anchor solving and how is that benefiting you?** The biggest issue was the recurring revenue getting setup so I don't have to keep chasing clients for payments. The added benefit was the low fee and pass on of CC fees to the client. ### 19. The helpdesk are very helpful and responsive **Rating:** 5.0/5.0 stars **Reviewed by:** Jade P. | Executive Assistant to the CEO, Small-Business (50 or fewer emp.) **Reviewed Date:** July 18, 2025 **What do you like best about Anchor?** I highly recommend MyAnchor to fellow business owners. The software is incredibly user-friendly and intuitive, which means I spend less time figuring things out and more time focusing on running my business. Its ease of use has made a noticeable difference in my daily workflow, and that’s exactly why I continue to rely on it. **What do you dislike about Anchor?** There is nothing that I dislike at this point. **What problems is Anchor solving and how is that benefiting you?** I create proposals and invoices in Anchor ### 20. Anchor was the solution I needed **Rating:** 5.0/5.0 stars **Reviewed by:** Rose K. | Owner, Small-Business (50 or fewer emp.) **Reviewed Date:** July 17, 2025 **What do you like best about Anchor?** Anchor is so easy to use for sending proposals, agreements, and processing customers payments. They continue to implement user feedback to make the product better and better. It’s perfect for my practice! **What do you dislike about Anchor?** It took a while in the beginning to receive payouts, but they have transitioned to a new system and now I get them in 2 business days. **What problems is Anchor solving and how is that benefiting you?** Automatic billing is great and super reliable in my experience. ### 21. Gamechanger for Accountants & Bookkeepers **Rating:** 5.0/5.0 stars **Reviewed by:** Adrienne D. | Owner/CEO/Accountant, Small-Business (50 or fewer emp.) **Reviewed Date:** December 23, 2024 **What do you like best about Anchor?** What I like best about Anchor is the ability to create different packages or options for clients when sending proposals for my services. Also, I like the ability to pass on credit card fees to clients and build in automatic annual price increases. The system is very user-friendly for both me and my clients. I can create a service package in a few minutes. It is also very easy to onboard new clients and train staff on how to use the system. **What do you dislike about Anchor?** I would like to see more webinars and training related to transitioning from another payment platform to Anchor. **What problems is Anchor solving and how is that benefiting you?** Anchor has eliminated the need to manage accounts receivable by allowing me to collect payment information upfront; I do not have to chase after clients to receive payment for services. ### 22. Fantastic **Rating:** 5.0/5.0 stars **Reviewed by:** Dustin Y. | Partner, Small-Business (50 or fewer emp.) **Reviewed Date:** July 17, 2025 **What do you like best about Anchor?** Simple for both the client and the professional. **What do you dislike about Anchor?** Wouldn’t mind having a built in time tracking feature for hourly billing. **What problems is Anchor solving and how is that benefiting you?** Billing and contract management ### 23. We LOVE Anchor! **Rating:** 5.0/5.0 stars **Reviewed by:** Mandi E. | CEO/ Owner, Small-Business (50 or fewer emp.) **Reviewed Date:** December 27, 2024 **What do you like best about Anchor?** Anchor helps we automate my monthly billling saving me tons of time. They are super receptive to feedback and work hard to implement our requests for improvements. I especially love all the proposal features that add value to our business. I'm so happy with Anchor! **What do you dislike about Anchor?** There really isn't anything I dislike about Anchor. They only qwirk that I didn't like was how long the ACH took to deposit into my account. But Anchor worked HARD to decrease the time from 10 days to 2-3 days and we are totally satisfied with this! **What problems is Anchor solving and how is that benefiting you?** User feedback has requested that Anchor allow us to see the declined proposals packages and/or the proposal options that weren't selected for future reference. They are working on adding these features. ### 24. Such An Enhancement to Our Sales & Pricing in Our Firm! **Rating:** 5.0/5.0 stars **Reviewed by:** Adam S. | President, Small-Business (50 or fewer emp.) **Reviewed Date:** January 09, 2025 **What do you like best about Anchor?** For several years, we've been doing proposals manually in-house, with templates in Google Drive, which worked but was extremely time-consuming, especially since each one was customized down to the client. We also have been using QB Payments for our billing platform since we started, for about 10 years. Moving to Anchor has streamlined the entire sales process for us and I think also increased our perceived value to clients. Highly recommend! **What do you dislike about Anchor?** There's a lot of front-end build out that you have to do, which is a big time investment. But, after getting through most of that, we're finding it was worth the time spent. **What problems is Anchor solving and how is that benefiting you?** Creating and presenting customized Proposals to clients. Streamlining the billing process by moving all clients to auto-billing and no longer need to chase clients for money they owe us. Combining the Engagement Letter (Agreement) to the billing so it's all tied together. ### 25. Ease of Use **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Accounting | Small-Business (50 or fewer emp.) **Reviewed Date:** July 25, 2025 **What do you like best about Anchor?** Anchor makes it easy to send proposals and create recurring invoices with automatic payments. **What do you dislike about Anchor?** I don't have any dislikes with Anchor - none **What problems is Anchor solving and how is that benefiting you?** From proposal to invoicing in one seamless step. I love the auto billing feature so I can set it up once and forget about it. ### 26. Easy & simple interface, low processing fee **Rating:** 5.0/5.0 stars **Reviewed by:** Tamara P. | Attorney, Small-Business (50 or fewer emp.) **Reviewed Date:** July 20, 2025 **What do you like best about Anchor?** Only $5 processing fee no matter now big the transaction **What do you dislike about Anchor?** Takes more than a day to receive payments **What problems is Anchor solving and how is that benefiting you?** Anchor makes it super easy to send an all-in-one proposal and payment request. Have been using it for about a year now, won't go back to LawPay! ### 27. Excellent Product **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Accounting | Small-Business (50 or fewer emp.) **Reviewed Date:** July 17, 2025 **What do you like best about Anchor?** It's a simple solution, easy to set up, and update. **What do you dislike about Anchor?** I wish the proposals could have more of our company's branding and be sent from Anchor but with our company's email. I also wish it integrated with Monday CRM. **What problems is Anchor solving and how is that benefiting you?** Simplifies proposals and billing. ### 28. EFFECTIVE **Rating:** 5.0/5.0 stars **Reviewed by:** Guadalupe V. | ACCOUNTS RECEIVABLE, Small-Business (50 or fewer emp.) **Reviewed Date:** July 17, 2025 **What do you like best about Anchor?** I LIKE THE SUPPORT THEY PROVIDE. THEY ARE ALWAYS THERE TO HELP. **What do you dislike about Anchor?** I FIND NO DISADVANTAGE,I LIKE THE SUPPORT THEY PROVIDE. THEY ARE ALWAYS THERE TO HELP. **What problems is Anchor solving and how is that benefiting you?** I HAVE MY INVOICES UP TO DATE, AND BETTER MANAGEMENT OF COLLECTIONS AND ORDER ### 29. Streamlined **Rating:** 5.0/5.0 stars **Reviewed by:** Amanda T. | Ownner, Small-Business (50 or fewer emp.) **Reviewed Date:** December 23, 2024 **What do you like best about Anchor?** I use Anchor for all of my clients every month. I love how simple it is to use and set up. It streamlines all of my processes through their integration with QuickBooks. They are reasonable priced and always working on improvements. Their customer support is great and they respond very quickly when I have questions or any issues. **What do you dislike about Anchor?** I can't really think of any at the moment. I guess I could say it may not be ideal for all businesses. **What problems is Anchor solving and how is that benefiting you?** It has removed the bottle necks I had before and it used to take me much longer to do my invoicing. ### 30. Robust, secure invoice management for a great price! **Rating:** 4.5/5.0 stars **Reviewed by:** Diann J. | Director, Small-Business (50 or fewer emp.) **Reviewed Date:** September 12, 2024 **What do you like best about Anchor?** Anchor is a brilliantly designed service with a robust array of features for invoice management. Our academy uses it for tuition invoicing. We are happy to be able to set up monthly payments, lump sum payments, and special payments. We can make changes with ease. Our parents apprecite being able to see their history and future payment details. Implementation was great and the support is superb. They have been very open to our recommendations for added features. **What do you dislike about Anchor?** We look forward to being able to issue refunds. As a private school, students sometimes choose to drop a class or withdraw, which requires a tuition refund. This feature hasn't yet been added to the Anchor set of features. **What problems is Anchor solving and how is that benefiting you?** We just used Stripe before Anchor. Our customers didn't have visibility of their history. It is easier to set up invoices, make changes and manage agreements with Anchor. It's less expensive to use and takes less time for our finance manager to handle invoicing, which also saves us money. ### 31. An Accounting Firm No-Brainer **Rating:** 5.0/5.0 stars **Reviewed by:** Greg C. | Founder, Accounting, Small-Business (50 or fewer emp.) **Reviewed Date:** July 17, 2025 **What do you like best about Anchor?** Very efficient, cost effective, proposals. **What do you dislike about Anchor?** I'll let you know if I find something I don't like. **What problems is Anchor solving and how is that benefiting you?** This solution brings everything together that's associated with billing for my accounting firm. ### 32. Good value for the cost **Rating:** 5.0/5.0 stars **Reviewed by:** Tina N. | Owner/Operator, Small-Business (50 or fewer emp.) **Reviewed Date:** December 23, 2024 **What do you like best about Anchor?** Support is amazing. Cost is very fair. Great onboarding. I love that it's not filled with fluff and doesn't try to be something it's not. **What do you dislike about Anchor?** Figuring out how to customize proposals and payments is a bit tricky at first but when support is available they are very helpful. **What problems is Anchor solving and how is that benefiting you?** It has improved my process for creating and managing proposals. It's easy to customize proposals, I love that it takes collecting payment information out of my hands, and that I can institute agreement changes within minutes, and automatically implement price increases. ### 33. Excellent Value **Rating:** 4.5/5.0 stars **Reviewed by:** Tiffany O. | Owner, Small-Business (50 or fewer emp.) **Reviewed Date:** December 23, 2024 **What do you like best about Anchor?** I love that fees are very up front and easy to determine. Super easy software to get going with and meets my basic businss needs with recurring charges to my clients without having to manually bill them each month. Easy to adjust my packages or customize my sesrvices for each client or new proposal. **What do you dislike about Anchor?** Sometimes my clients don't pay attention to having to approve manually charged invoices and they seem easy to get missed in their inbox. Now that processing speed is faster to my bank account that resolved the biggest drawback which was long settlement periods. **What problems is Anchor solving and how is that benefiting you?** I was manually billing my clients on multiple platforms and this allowed me to send proposals, collect recurring billings, consolidate my payment platforms, and integrate with QBO (including deposits) ### 34. Perfect solution for small firm **Rating:** 5.0/5.0 stars **Reviewed by:** Katie H. | Owner & CEO, Small-Business (50 or fewer emp.) **Reviewed Date:** December 24, 2024 **What do you like best about Anchor?** I love how easy it is to use as well as how well it integrates so all of the other software platforms I use. It has been a huge time-saver for me to get clients onboarded, approved, billed and up and running. **What do you dislike about Anchor?** None! This is by far one of the beter products available in the market! **What problems is Anchor solving and how is that benefiting you?** Anchor has taken the lift of managing accounts receivable off my plate freeing me up to do other things. It's been a huge help for my solo firm. ### 35. Best Agreement Software **Rating:** 5.0/5.0 stars **Reviewed by:** Nathan E. | CEO, Small-Business (50 or fewer emp.) **Reviewed Date:** December 23, 2024 **What do you like best about Anchor?** I love anchor because it's an all in one platform that helps me manage all my clients agreements, billing and payments all for just 5$ per transaction which and with its instant sync to quickbooks online. **What do you dislike about Anchor?** 1. There is no option to sync to quickbooks by class 2. I would like a mobile application 3. Would like to have a project billing and choose a payment plan that will automatically stop after the last payment **What problems is Anchor solving and how is that benefiting you?** Quarterly billing. And setting up service packages ### 36. Anchor review **Rating:** 5.0/5.0 stars **Reviewed by:** Brenda W. | President, Small-Business (50 or fewer emp.) **Reviewed Date:** December 23, 2024 **What do you like best about Anchor?** We are very pleased with the functionality of Anchor for our pricing packages and engagement letter to our clients as well as the simplicity of the billing **What do you dislike about Anchor?** It was a bit of a learning curve to figure out how to get it all working correctly. **What problems is Anchor solving and how is that benefiting you?** We love having our invoices paid on the first of each month without having to manually process them. We also love the ease of being able to send out proposals, now that it is all set up. ### 37. Anchor helped improve our workflow and increased revenue **Rating:** 5.0/5.0 stars **Reviewed by:** Nick B. | CPA, Small-Business (50 or fewer emp.) **Reviewed Date:** March 02, 2024 **What do you like best about Anchor?** I love using Anchor because it streamlines my collections process and getting my engagement letters signed immediately. It also reconciles automatically with Quickbooks, completely elimiating any administrative work for billing & collections. **What do you dislike about Anchor?** One area for improvement is the customization options for reporting. I would like to be able to export data in all fields into excel, as well as a universal search function **What problems is Anchor solving and how is that benefiting you?** Anchor solves collections and billing with ease. It also allows for great flexibility in ways to build out agreements. ### 38. So Glad I Found It! **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Accounting | Small-Business (50 or fewer emp.) **Reviewed Date:** December 24, 2024 **What do you like best about Anchor?** Anchor is a one-stop shop for all things Onboarding. It allows me to set my agreement terms and save them so they automatically attach to each proposal I send. The proposals are easily customizable and I can create as many services as I need to with different prices which can also be changed or discounted at the time of proposal. It's user-friendly and my clients seem happy with it. The clients are also able to update their payment method themselves and Anchor relieves me of having to receive their full account information. The payment deposits aren't next-day like they are with the other payment processor I use. However, as much as I'd love to get the payments next day, the reason I don't is because Anchor verifies that the payment has gone through before I get the deposit, which has saved me from getting payments withdrawn a couple days later for NSF. The fees Anchor charges are fixed and reasonable. This is the software that I use every time I have a new prospect. It was a smooth transition from my old processor, and it integrates with my Quickbooks, pushing payments and customers through. **What do you dislike about Anchor?** There is only one drawback that I've come across which is that if there is an active agreement with a client, they can't update their own email address. I was able to reach out and have customer service change it though. **What problems is Anchor solving and how is that benefiting you?** It keeps me from getting bounced payments, simplifies my proposal and onboarding process, and sends reminders to clients to sign so I don't have to. ### 39. 6 months on Anchor - LOVE IT **Rating:** 5.0/5.0 stars **Reviewed by:** Holli N. | Owner and CFO, Small-Business (50 or fewer emp.) **Reviewed Date:** January 06, 2025 **What do you like best about Anchor?** Anchor will save me at least 4 hours a month by automating our billing process. **What do you dislike about Anchor?** It takes a little bit of work to get it all set up, but will be well worth it for months to come. **What problems is Anchor solving and how is that benefiting you?** Anchor is eliminating all our A/R and saving hours of time each month now tha twe do not have to send out bill manually. ### 40. Anchor was one of the best software decisions for my new firm **Rating:** 5.0/5.0 stars **Reviewed by:** Melanie W. | Founder/CEO, Small-Business (50 or fewer emp.) **Reviewed Date:** December 24, 2024 **What do you like best about Anchor?** I was set up and ready to use the product within a couple hours. Implementation was straight forward and simple. **What do you dislike about Anchor?** Making certain company/account changes (like bank info) online instead of scheduling a meeting with an Anchor representative was the least helpful. The process was not difficult but too time consuming. **What problems is Anchor solving and how is that benefiting you?** Including the proposal and final agrement, payment collection, in billing in one solution and in one step ### 41. A time saving solution for converting prospects into clients **Rating:** 5.0/5.0 stars **Reviewed by:** Jessica B. F. | Owner, Small-Business (50 or fewer emp.) **Reviewed Date:** December 27, 2024 **What do you like best about Anchor?** Quickly customize and send proposals, get paid automatically. **What do you dislike about Anchor?** Clients have an additional click to view full terms of service. **What problems is Anchor solving and how is that benefiting you?** I am able to send a customized proposal in less than 2 minutes (I timed it) from my preconfigured template. Clients find it easy to view and sign. Payments run automatically and money is deposited to my account without any additional effort. ### 42. Easy to Use **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Accounting | Small-Business (50 or fewer emp.) **Reviewed Date:** July 17, 2025 **What do you like best about Anchor?** Not having to manually run payments monthly! **What do you dislike about Anchor?** Slower transition than I would have liked. More on me than them. **What problems is Anchor solving and how is that benefiting you?** Saves me time. Gives clients payment portal for invoice reference. All in one place. ### 43. Great **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Accounting | Small-Business (50 or fewer emp.) **Reviewed Date:** July 17, 2025 **What do you like best about Anchor?** They have provided a good service and haven't had a problem. **What do you dislike about Anchor?** You can't charge a deposit and then bill the other half, you have to do 2 separate services. **What problems is Anchor solving and how is that benefiting you?** proposal ### 44. Simple, easy and time saving! **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Consulting | Small-Business (50 or fewer emp.) **Reviewed Date:** March 23, 2025 **What do you like best about Anchor?** It’s saying me so much time when invoicing clients. I like that credit card fees can be passed to the client and payment info is stored. **What do you dislike about Anchor?** Could be a bit more stylish compared to others but it looks good! **What problems is Anchor solving and how is that benefiting you?** Incorporating a contract and invoicing into one step ### 45. Excellent product **Rating:** 5.0/5.0 stars **Reviewed by:** Verified User in Accounting | Small-Business (50 or fewer emp.) **Reviewed Date:** February 19, 2025 **What do you like best about Anchor?** I love how professional Anchor looks and feels. Combining proposals, contracts, and billing all in one has simplified my processes and made my business more professional. **What do you dislike about Anchor?** I don't like how I can't archive a rejected proposal. I don't always want them deleted entirely. **What problems is Anchor solving and how is that benefiting you?** I use Anchor for my proposals. I love how I can see the date sent, the automated reminders, and the recent addition of a proposal deadline. The ease of automated payments, and the ability to add a charge or credit is also appreciated. ### 46. Anchor cover it all! **Rating:** 5.0/5.0 stars **Reviewed by:** Tonya W. | Owner, Small-Business (50 or fewer emp.) **Reviewed Date:** September 19, 2024 **What do you like best about Anchor?** I love the pre-built contracts and easy to create proposals! Also, there is only a $5 flat fee per payment processed, no matter the amount of the invoice being paid. **What do you dislike about Anchor?** I wish you recieved money from invoices faster! **What problems is Anchor solving and how is that benefiting you?** Anchor helps me take care of contracts, proposals, invoicing, payment processing and accounts receivable with one platform! ### 47. I recommend Anchor to all of my clients! **Rating:** 5.0/5.0 stars **Reviewed by:** Charlotte B. | Business Owner, Small-Business (50 or fewer emp.) **Reviewed Date:** March 05, 2024 **What do you like best about Anchor?** One of the most helpful aspects of Anchor is the world class customer service they offer. The entire team is amazing, and Robin has been a particular help to me personally. I know I can ask anything and they are going to point me in the right direction and make it easy for me. What a relief. **What do you dislike about Anchor?** I don't know of any downsides of using Anchor. They are constantly updating and improving their systems and in May of 2024 will be significantly reducing the amount of time for payments to land in my account. I'm so pleased with their platform and their customer service! **What problems is Anchor solving and how is that benefiting you?** I do not have to track clients down for payment and no going back and forth multiple times to get a signed engagement with payment. Amazing! It's also a low cost option with all of the features I need when it comes to automatic payments. When I switched from a competitor it saved almost $3,000 a year in subscription fees! ### 48. Great for proposals and billing! **Rating:** 4.5/5.0 stars **Reviewed by:** Verified User in Accounting | Small-Business (50 or fewer emp.) **Reviewed Date:** December 29, 2024 **What do you like best about Anchor?** I love the automatic billing and proposals in one. **What do you dislike about Anchor?** There are some things I would like to customize but do not have the option. **What problems is Anchor solving and how is that benefiting you?** Having my invoices and proposals in one spot ### 49. Easy way to automate invoicing and payments **Rating:** 5.0/5.0 stars **Reviewed by:** Megan G. | Consultant working in the Intersection of QBO and nonprofits, Small-Business (50 or fewer emp.) **Reviewed Date:** March 04, 2024 **What do you like best about Anchor?** I needed an easy and affordable way to send out contracts, capture digital signatures, and automate invoicing & collections. Anchor fit the bill! I was set up & sending out my first invoice within 30 minutes! Clients were happy, and there was a clear trail for all of us. And all of it syncs directly to QBO, eliminating duplicate entry. The template library has a good set of documented services to start with that were easy to edit for my needs. **What do you dislike about Anchor?** Anchor has fewer bells and whistles than some of it's competitors, so that could be a downside for some. The one time I've needed to give a client refund, I had to go through support, and the process is taking a little longer than I'd like. **What problems is Anchor solving and how is that benefiting you?** Streamlines contract approval and subsequent invoicing and collections. Saves hours of manual time. ### 50. Recommend to all my bookkeeping peers. **Rating:** 4.5/5.0 stars **Reviewed by:** Joanna P. | Small-Business (50 or fewer emp.) **Reviewed Date:** April 30, 2024 **What do you like best about Anchor?** I love the ability to send clients multiple packages to choose and then set up their payment. No more back and forth. Anchor listens to their users and makes the changes we request. Their customer service is amazing! **What do you dislike about Anchor?** I'm not a fan of not being able to control the reminders on unsigned proposals, but I've been told it's coming. I would also like to be able to put an expiration date on the proposal. **What problems is Anchor solving and how is that benefiting you?** I do not have to go back and forth with a proposal, signed engagement letter, and then payment. It's saving me a lot of time. I also no longer have to save client payment information. - [View Anchor pricing details and edition comparison](https://www.g2.com/products/anchor-anchor/reviews?page=2§ion=pricing&secure%5Bexpires_at%5D=2026-07-03+05%3A29%3A21+-0500&secure%5Bsession_id%5D=d70ec861-e387-4d1c-b177-16b6228948ef&secure%5Btoken%5D=64a4e8c6edcb353843067c868d12a6de35d54204049367ef083e805103f3f972&format=llm_user) ## Anchor Integrations - [Aero](https://www.g2.com/products/aero/reviews) - [Double](https://www.g2.com/products/double-double/reviews) - [Faire – QuickBooks Online - QBO](https://www.g2.com/products/faire-quickbooks-online-qbo/reviews) - [Financial Cents](https://www.g2.com/products/financial-cents/reviews) - [Intuit QuickBooks](https://www.g2.com/products/intuit-quickbooks/reviews) - [Karbon](https://www.g2.com/products/karbon-2025-03-03/reviews) - [Make](https://www.g2.com/products/integromat-by-celonis-make/reviews) - [Microsoft Outlook](https://www.g2.com/products/microsoft-outlook/reviews) - [Microsoft Teams](https://www.g2.com/products/microsoft-teams/reviews) - [monday AI Work Platform](https://www.g2.com/products/monday-com/reviews) - [monday CRM](https://www.g2.com/products/monday-crm/reviews) - [QuickBooks Online](https://www.g2.com/products/quickbooks-online/reviews) - [Slack](https://www.g2.com/products/slack/reviews) - [Slack Connector for Jira](https://www.g2.com/products/slack-connector-for-jira/reviews) - [Xero](https://www.g2.com/products/xero/reviews) - [Zapier](https://www.g2.com/products/zapier/reviews) ## Anchor Features **Document Creation** - Customizability: Variables and Fields - Template Creation and Flexibility - Rich Media - Online Document Creation - PDF Creation - Custom Branding **Invoice Generation** - Templates - Digital Invoices - Recurring Invoices **Cash Flow Management** - File Exports - Income and Expenses - Track Cash Flow **Bill Generation** - Templates - Digital Billing - Recurring Billing **Reporting** - Status - Customer Credit - History **Agentic AI - Accounting & Finance** - Autonomous Task Execution **Workflow** - Document Builder Interface - Collaborative Creation - Assembly and Approval Workflows **Invoice Processing** - Approvals - Batch Processing - Consolidation - Match Invoices **Cash Flow Forecasting** - Historical Data - Reforecast - Forecast Types - Rolling Forecasts - AI **Bill Processing** - Consolidation - Batch Invoicing - Management **Integrations** - Accounting - ERP - CPM **Analytics** - Engagement Tracking - Proposal Effectiveness Reporting - Reporting and Dashboards **Analytics** - Due Dates - Cashflow - KPIs - Payment Tracking **Analytics** - Variance Analysis - Reports - Forecast Comparison - Forward Looking **Integration** - Accounting - Payments - ERP **Transactions** - Credits - Invoices - Payments **Administration and Platform** - User, Role, and Access Management - Alerts and Notifications - CRM Integration - E-Signature Integration - CPQ Integration - API / Integrations **Integration** - Accounting - Payments - ERP - Account Sync **Financial Data Transfer** - Data Transfer - Data Exchange - Reporting - Access - Integration **Workflows** - Approvals - Reconciliation **Agentic AI - Billing** - Autonomous Task Execution **Agentic AI - Cash Flow Management** - Autonomous Task Execution **Agentic AI - Invoice Management** - Cross-system Integration - Adaptive Learning - Proactive Assistance **Agentic AI - Accounts Receivable Automation** - Autonomous Task Execution **AI - Accounts Receivable** - Generative - Responses - Predictive Analytics ## Top Anchor Alternatives - [Ignition](https://www.g2.com/products/ignition/reviews) - 4.7/5.0 (121 reviews) - [Invoiced](https://www.g2.com/products/invoiced/reviews) - 4.5/5.0 (396 reviews) - [BILL AP/AR](https://www.g2.com/products/bill-ap-ar/reviews) - 4.4/5.0 (1,779 reviews)