Invoicing Tool for Freelancers – Ruul Review

Freelancers often face multiple challenges when it comes to managing invoices—keeping track of payments, ensuring timely processing, and navigating complex international tax systems. With so much to juggle, a reliable invoicing tool is essential to minimize stress and improve cash flow. In this post, we’ve reviewed Ruul for you.

What is Ruul?

Ruul is your personal pay button, designed to simplify the way freelancers sell their professional services globally. As your Merchant of Record, Ruul resells your services to clients, managing invoicing, billing, and payment collection so you don’t have to.

With global coverage, you can invoice clients in 190 countries and get paid in 140 currencies, reducing the complexity of international transactions. Thanks to faster payments, you can cut down on payment collection time and reduce the risk of unpaid invoices.

Ruul handles everything from global sales tax compliance to managing multiple payment methods, freeing freelancers to focus on the work itself while Ruul takes care of the administrative burdens. Ideal for freelancers working across borders or dealing with multiple currencies, Ruul lets them manage finances without the need to run a business.

Key features of Ruul

Ruul offers several features designed to address common freelancer pain points, such as:

• Global invoicing: Create invoices in any currency and send them worldwide. No more worrying about currency conversions or international tax issues.
  
• Fast payment processing: Payments are processed quickly, often within 24 hours, ensuring freelancers get paid on time.
  
• Multiple payment options: Ruul supports payments via bank transfer, Payoneer, Binance, credit cards, and cryptocurrency, providing flexibility for both freelancers and their clients.
  
• No subscription fees: Ruul operates on a pay-as-you-go model, meaning freelancers don’t have to worry about monthly fees or hidden charges.

How to get started with Ruul – For freelancers

​​Getting started with Ruul is simple and quick. Follow these steps to start invoicing and receiving payments:

1. Authorize Ruul: Authorize Ruul as your Merchant of Record to sell your services and collect payments on your behalf.
   
2. Payment request: Submit your payment request with details such as the service fee, payout currency, and other relevant information.
   
3. Billing & checkout: Ruul takes care of everything: it onboards your client, handles invoicing, and manages payment collection so you don’t have to.
   
4. Payout: Once the invoice is settled, Ruul initiates the payout to your preferred account immediately and ensures all sales tax compliance is taken care of.

How to get started with Ruul – For clients

Clients also benefit from Ruul’s ease of use. Setting up an account involves the following:

1. Onboarding: Ruul onboards your talents, sets up their accounts, provides support and ensures smooth payouts.
   
2. Payment order: Submit your payment order with details such as preferred talent, service fee, payout currency, etc.
   
3. Billing & checkout: Ruul, as the Merchant of Record, collect payments from you and provide a single tax invoice.
   
4. Payout: Ruul initiates the payout to your talents’ accounts immediately and handles sales tax compliance.

Benefits for freelancers

Ruul offers a range of benefits that make invoicing easier and more efficient for freelancers:

Global reach allows freelancers to issue invoices worldwide without worrying about exchange rates or hidden fees. Whether they prefer Payoneer, bank transfers, or Binance, Ruul supports multiple payment options, ensuring flexibility for both freelancers and clients.

Additionally, Ruul’s fast payments ensure that freelancers receive their funds quickly, with most payments processed within 24 hours.

The pay-as-you-go model means there are no upfront costs or subscriptions—freelancers only pay when they send an invoice, making it highly cost-effective. Plus, freelancermap members can enjoy a flat-rate commission for every transaction, making Ruul even more appealing.

Pricing and cost efficiency

Ruul’s pricing structure is simple and transparent. There are no hidden fees or subscription charges—freelancers pay a small commission on each invoice issued, and that’s it. This model is far more affordable compared to subscription-based invoicing tools that require ongoing payments, even if you don’t use the platform regularly.

In comparison to other invoicing tools for freelancers, Ruul is particularly cost-effective, as it doesn’t burden users with fixed monthly costs or minimum charges.

Pros and cons of Ruul

Pros:

• No subscription fees: Only pay for what you use.
• Fast payment processing: Payments within 24 hours in many cases.
• Global invoicing support: Issue invoices to clients worldwide with no hassle.
• Multiple payment methods: A wide range of payment options to suit both freelancers and clients.

Cons:

• Limited advanced features: While Ruul is great for basic invoicing, it may lack some advanced features that larger businesses or agencies may need, such as advanced project management tools.

User testimonials and experiences

Freelancers who have used Ruul have praised its simplicity and speed.

Maria, a freelance graphic designer, said, “Ruul has made invoicing so much easier. I can create and send invoices in minutes, and the fact that I get paid quickly is a huge plus. The flat-rate commission for Freelancermap members makes it even better!”

Similarly, John, a freelance writer, shared, “I love how easy it is to track my payments and invoices. Ruul saves me time, and I no longer have to worry about chasing down clients for late payments.”

Conclusion

Ruul offers a practical, cost-effective solution for freelancers looking to simplify their invoicing and payment processes. Its key strengths—global invoicing, fast payments, and the absence of subscription fees—make it an ideal choice for freelancers of all types. Freelancers looking for a straightforward, affordable invoicing tool that can handle international clients, process fast payments, and allow flexibility in payment methods will find Ruul a perfect fit.