How they describe themselves: InvoiceSharing is a Free Electronic Invoice Distribution Platform. We provide an online platform where companies connect their accountings systems. These companies send and receive electronic invoices directly from their system, via InvoiceSharing, to the client system. We made this process free!
We speak all the languages of all systems, platforms, and suppliers. Systems and suppliers now make us their standard. Our revenues come from premium products that give companies lower costs (e.g. automating invoice processing, reporting tools) and increase cash flow (e.g. connecting all providers of alternative financing). In addition, we sell white label versions of the platform to banks, software companies, and platforms that need invoice data.
How they describe their product/innovation: We learned that BANKS need a white label version of the InvoiceSharing platform for 5 reasons:
- Reduce Cost of Capital (cost of unused lines of credit)
- Bring added value to clients and upsell more
- Distribute cash to companies in a new way
- Split transactions and services provided to customers
- Prove that banks do not over credit companies
We are launching the first white label version for banks to capture all the data they need to achieve these goals! Capturing all data from incoming and outgoing invoices and combining it with payment data and data from the company’s clients systems allows banks to lend more money with less risk at lower costs.
Product distribution strategy: Through financial institutions, through other fintech companies and platforms, licensed
Bus. Dev. & Press: Jeroen Volk, CEO, +31622780470, +447765697888
Sales: Stephen van Stek, +31646789937