Bonsai

Bonsai is an all-in-one business management platform built specifically for freelancers. It combines proposals, contracts, invoicing, time tracking, expense tracking, and basic accounting into a single, cohesive workflow. Its invoicing is directly linked to approved proposals and contracts, creating a seamless pipeline from project win to payment. It includes helpful freelancer-centric features like automatic late fee application, client dashboards, and integrated payment processing.

Bonsai also offers tax preparation tools and quarterly tax estimates. Compared to using separate tools for contracts, time tracking, and invoicing, Bonsai provides significant workflow efficiency. Compared to general invoicing software like FreshBooks, it has a sharper focus on the freelance legal and proposal process. Its limitations are its niche focus—it's not designed for product-based businesses or large teams.

It's ideal for independent professionals (writers, designers, developers) who want to streamline their entire client engagement and billing process in one tool.