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Top 50 Invoice Management Software Companies Under $1M Revenue (August 2026)

As of August 2026, Latka tracks 52 invoice management software companies under $1M in annual revenue. They have combined revenues of $24.2M and employ 311 people. They have raised $11.1M and serve 26.1M customers combined.

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
52
Revenue
$24.2M
Funding
$11.1M
Employees
311

Filters

Sorting: Highest -> Lowest

Filters

Top Invoice Management Software Companies Under $1M Revenue

Showing 10 of 52 companies ranked by annual revenue.

1Mantis logo
Mantis

United States

Mantis agent can process large volumes of administrative documents in unstructured formats, helping you organize them by performing validations, calculations, and data extraction. It enables the execution of tasks such as reconciliation, collection, balancing, and procurement. Mantis saves over 60% in operational costs, eliminates 90% of human errors, and executes processes 20 times faster.

Revenue
$990K
Team size
9
2MyWorks logo
MyWorks

Fort Worth, Texas, United States

We automate your ecommerce accounting, so you can focus on other key parts of your business. We're trusted & loved by thousands of eCommerce biz owners, accountants, and developers. 💙

Revenue
$990K
Year founded
2011
Team size
9
3Dillali logo
Dillali

Abuja, Federal Capital Territory, Nigeria

Dillali is an income and expense management platform for businesses. Generate and manage invoices, expenses, inventory, receipts and see who owes your business.

Revenue
$990K
Year founded
2020
Team size
9
4InvoiceASAP logo
InvoiceASAP

Oakland, California, United States

InvoiceASAP is revolutionizing the business accounting and mobile services industries. InvoiceASAP is the first fully integrated mobile invoicing tool that allows you to generate and pay invoices on the go using your phone or tablet. InvoiceASAP also connects with major accounting software platforms like QuickBooks (QBD) and Xero, so anything you create on our app synchs directly into the accounting software you use. Our mobile invoicing and customer management solution is used by over 400,000 customers in 121 countries, helping businesses of all sizes get paid faster.

Revenue
$990K
Year founded
2010
Team size
9
5Cai Xiaobi logo
Cai Xiaobi

China

Developer of a Software as A Service (SaaS) technology designed to provide financial settlement and cashier service for vegetable wholesale industry in China. The company uses big data and cloud computing technologies to mainly provide vegetable wholesalers with sales and cashier management software and financial system support, enabling clients to efficiently track their product sources and optimize their management process.

Revenue
$888K
Customers
50K
Year founded
2016
Team size
37
6Enbrec logo
Enbrec

Woodbury, Minnesota, United States

Enbrec, an innovative software development firm with over a decade of experience, is your trusted partner in streamlining and automating field operations. Our flagship ticketing software simplifies managing field technicians by providing all-in-one solutions for dispatching, project management, field ticketing, invoicing, payroll, and communication. We've processed millions of customer invoices and handled billions in revenue, establishing ourselves as industry leaders in Energy and SaaS. With a commitment to innovation and technology, we're here to help you automate job planning, streamline field data capture, and seamlessly integrate field operations with your back office.

Revenue
$880K
Year founded
2011
Team size
8
7IABAKO logo
IABAKO

Paris, Ile-de-france, France

Easy invoicing, inventory and business management tool made for small business

Revenue
$789K
Year founded
2018
Team size
6
8Laike Information Technology logo
Laike Information Technology

China

Developer of cloud management systems for small and medium sized enterprises. The company's cloud management system combines invoicing enterprise resource planning, cloud technology innovation, mobile sales management, big data, user usage data and supply management into one solution providing a one-stop solution for managers in SMEs improving efficiency and management processes.

Revenue
$772.3K
Customers
26M
Year founded
2013
Team size
12
9everbill logo
everbill

Vienna, Austria

Provider of an online platform designed to support in online management of business processes. The company's online platform helps to create orders, estimates, invoices, delivery notes and credit notes with a easy and intuitive to use software, enabling clients to save time and learn about the tax or the commercial in a hassle free way.

Revenue
$694.9K
Year founded
2012
Funding
$50K
Team size
6
10Envoice logo
Envoice

Kristiine, Harju, Estonia

Envoice offers a simple and time-efficient way to do bookkeeping. 1. Go paperless & forget data entry - Automatically and accurately digitize and process documents instantly. No more manual errors or worrying about paper storage. 2. Review & Approve - Have more financial control and visibility with customizable multi-step and multi-role approval workflows. 3. Automate recurring tasks - Get personal recommendations on what tasks to automate or optimize so you can focus on your actual business goals.

Revenue
$660K
Year founded
2014
Team size
6

Frequently asked questions about Invoice Management Software Companies Under $1M Revenue

How many invoice management software companies under $1M in annual revenue are there?

Latka tracks 52 invoice management software companies under $1M in annual revenue. Together they generate $24.2M in annual revenue and employ 311 people.

Which invoice management software company under $1M in annual revenue is the largest?

Mantis is the largest, with $990K in annual revenue.

How much revenue does a typical invoice management software company under $1M in annual revenue make?

The average invoice management software company in this list makes $465.7K a year, across 52 companies with reported revenue. They serve 26.1M customers combined.

Who are the leading Invoice Management software vendors under $1M in annual revenue?

Ranked by annual revenue, the leaders are Mantis, MyWorks, Dillali, InvoiceASAP and Cai Xiaobi.

How much funding have invoice management software companies under $1M in annual revenue raised?

The 52 invoice management software companies under $1M in annual revenue tracked here have raised $11.1M 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.