What is the functionality of CloudBooks and how does it operate? CloudBooks is a user-friendly invoicing software that is web-based and includes time tracking. It assists in generating invoices for your projects and customer expenses, receiving payments, and efficiently monitoring the overall status of your business. It aids in the organization of all your invoices, providing a clear view of those that have been paid and those that remain open. Additionally, it enables customers to conveniently make online payments towards their invoices, ensuring faster payments.