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Top 11 Invoice Management Software Companies With $5M–$10M Revenue (August 2026)

As of August 2026, Latka tracks 11 invoice management software companies with $5M–$10M in annual revenue. They have combined revenues of $72.7M and employ 692 people. They have raised $26.9M.

Every company below sells invoice management software to other businesses and is ranked by its most recent annual revenue. Revenue, funding, headcount and customer figures come from CEO interviews on the Latka podcast, public company filings, and Latka estimates where a company has not disclosed a number.

What Invoice Management Software Companies do

Invoice management software is designed to automate the processes associated with invoicing, making it easier for businesses to create, send, track, and manage invoices efficiently. This software typically includes features such as automated data entry, customizable invoice templates, approval workflows, and integration with accounting systems. By streamlining the invoicing process, organizations can reduce the time spent on manual tasks and improve cash flow management. Common use cases for invoice management software include handling incoming invoices from suppliers, creating outgoing invoices for clients, and monitoring payment statuses. Key user personas often include finance teams, accounting departments, and small business owners, who require efficient solutions to manage cash flow and maintain accurate financial records. Additional functionalities, such as reporting tools and historical invoice archives, can further enhance the effectiveness of these software solutions.

Companies
11
Revenue
$72.7M
Funding
$26.9M
Employees
692

Filters

Sorting: Highest -> Lowest

Filters

Top Invoice Management Software Companies With $5M–$10M Revenue

Showing 10 of 11 companies ranked by annual revenue.

1Kolleno logo
Kolleno

London, England, United Kingdom

Kolleno provides an AI-powered SaaS invoice management software and collection solutions to accelerate client payments.

Revenue
$9.5M
Year founded
2020
Funding
$5.3M
Team size
23
2Accrualify India Private Limited logo
Accrualify India Private Limited

Nagpur, Maharashtra, India

Accrualify India Private Limited, a fully owned subsidiary of Accrualify, Inc., San Mateo USA part of a conglomerate giant Fleetcor Technologies, Inc(FLT) , recently renamed as Corpay Inc, is an offshore development and support center, providing an extended support to the core Information Technology (IT) and Business support teams of Accrualify, Inc to develop and maintain Corpay-Complete software product. Our objective is to assist Accrualify, Inc in making the software and providing support to its customers.

Revenue
$8.4M
Year founded
2018
Team size
76
3Swypex logo
Swypex

Cairo, Egypt

Swypex provides financial technology solutions. The Company offers a platform that consolidates businesses financial tools, bringing together services such as corporate cards, a business account, and invoice management in one place.

Revenue
$8.1M
Year founded
2022
Team size
36
4VHSYS logo
VHSYS

São José Dos Pinhais, Parana, Brazil

VHsys is a technology company that offers a fully online business management system, developed to facilitate the management of micro and small businesses, giving entrepreneurs more time to focus on what really matters. VHsys has been in the market since 2011 and has helped simplify the management of thousands of companies, with over 2 million invoices issued and R$ 10 billion transacted, all through the system.

Revenue
$7.5M
Year founded
2011
Funding
$10K
Team size
223
5Xelix logo
Xelix

Copenhagen, Denmark

Provider of a technology platform intended to manage the process of early settlement discount across the whole supply chain. The company's technology platform provides an easy process where the user has to upload approved invoices and the platform does the rest, enabling buyers and savers to manage their previous invoices with a risk and hassle free platform.

Revenue
$7.2M
Year founded
2016
Team size
99
6Viewpost logo
Viewpost

Orlando, Florida, United States

Viewpost brings payables departments a simple, effective and differentiated electronic payments solution that integrates seamlessly with existing applications. We’ve made the process of sending digital payments easy by eliminating the need for complicated and lengthy credit approvals, time invested in change management, or the creation of complex new reconciliation processes. The bottom line is that our innovative approach produces greater savings and less operational friction.

Revenue
$5.7M
Year founded
2011
Team size
52
7Recko.io logo
Recko.io

Delaware, United States

Provider of a software-based reconciliation product intended to keeps track of complete transaction lifecycle and commercial contracts for organizations. The company's product automates reconciliation and allows the data to be traced throughout the entire transaction cycle by getting connected to payment gateways, banks and merchant's order management system through APIs, thus, enabling merchants to track receivables and identify settlement discrepancies.

Revenue
$5.4M
Year founded
2017
Funding
$7M
Team size
16
8A3 Freight Payment logo
A3 Freight Payment

Memphis, Tennessee, United States

A business process outsourcer for the accounts-payable function for freight invoices, with customers including large volume shippers

Revenue
$5.3M
Year founded
2012
Team size
14
9Moloni logo
Moloni

Lisboa, Unknown, Portugal

Created in 2012, Moloni is the online invoicing and POS software that today leads its segment in Portugal. With a team of 49 members and 4 offices, Moloni was created by a group of professionals with over 25 years of experience in the development of IT and internet solutions. The technical expertise acquired over the years, combined with the management and business knowledge our team possesses, makes Moloni the most innovative and adaptable online invoicing solution for your company's needs. Designed and built for simple, fast, and intuitive use, we ensure efficient management of your clients and suppliers, rigorous control of your stock and orders, task automation, and detailed reports. Stay focused on what matters – the growth of your business! With Moloni, take advantage of cloud computing and easily access your account on a computer, tablet, or smartphone, either through a browser or by installing our mobile apps. Moloni brings more life to your business!

Revenue
$5.3M
Year founded
2012
Team size
48
10Handle.com logo
Handle.com

San Francisco, California, United States

Construction software that solves late payments and access to funding.

Revenue
$5.2M
Year founded
2019
Funding
$14.7M
Team size
58

Frequently asked questions about Invoice Management Software Companies With $5M–$10M Revenue

How many invoice management software companies with $5M–$10M in annual revenue are there?

Latka tracks 11 invoice management software companies with $5M–$10M in annual revenue. Together they generate $72.7M in annual revenue and employ 692 people.

Which invoice management software company with $5M–$10M in annual revenue is the largest?

Kolleno is the largest, with $9.5M in annual revenue, founded in 2020.

How much revenue does a typical invoice management software company with $5M–$10M in annual revenue make?

The average invoice management software company in this list makes $6.6M a year, across 11 companies with reported revenue.

Who are the leading Invoice Management software vendors with $5M–$10M in annual revenue?

Ranked by annual revenue, the leaders are Kolleno, Accrualify India Private Limited, Swypex, VHSYS and Xelix.

How much funding have invoice management software companies with $5M–$10M in annual revenue raised?

The 11 invoice management software companies with $5M–$10M in annual revenue tracked here have raised $26.9M in disclosed funding between them.

Related ERP Software categories

Inclusion Criteria

- The software must automate the process of creating and sending invoices. - It should offer data entry automation features such as Optical Character Recognition (OCR). - Users should be able to track the status of invoices and payments in real time. - The solution must allow for customizable templates to fit various invoicing needs. - It should integrate with accounting or financial management systems. - Not just manage invoices; must also facilitate approval workflows and reporting capabilities.