Saphety

What Saphety does

Saphety is a Lisbon-headquartered electronic invoicing and EDI (Electronic Data Interchange) platform provider serving Portuguese-speaking and Latin American markets, with offices in São Paulo (Brazil) and Bogotá (Colombia). Founded in 2000 and now operating as a subsidiary of global tax compliance software company Sovos, Saphety operates the Saphety Invoice Network (SIN), a cloud-based platform enabling businesses to send and receive 100% of invoices electronically in both structured (CIUS-PT) and PDF with Qualified Electronic Signature formats. The platform is interoperable with the Portuguese eSPap network, giving connected suppliers access to over 1,800 Portuguese public entities and over 90% of national public administration receivers, positioning Saphety as the de facto compliance channel for Portugal's mandatory B2G electronic invoicing regime.

The core technology stack includes the SIN platform, the SaphetyDoc EDI suite, a REST API with sandbox environment, and a network of integrations with over 60 ERP systems (SAP, Primavera, Sage, PHC, Microsoft Dynamics Business Central) plus certification providers (Contisystems, DigitalSign, Multicert). The product portfolio spans send-invoice and receive-invoice modules, invoice financing via Flexcash (Confirming Online with payment within 24 business hours), Certified Invoicing with digital signatures, and SAF-T digital audit compliance. Infrastructure is delivered through Sovos' ISO 27001 and SOC 2 Type II certified S1 cloud.

Revenue is generated through a mix of no-commitment monthly electronic invoice subscription plans (2-500 documents/month), annual PDF invoice plans (500-5,000 documents/year), transaction-based invoice financing fees via Flexcash, and enterprise project-based custom EDI implementations. Distribution combines self-service PLG online signup for low-volume SMBs, an API-first developer ecosystem for OEM embedding, and a deep partner network of strategic allies (CTT, Caixa Geral de Depósitos, SAP) and ERP integrators. The company employs 51-100 people and counts Sonae, NOS, Prio, Doutor Finanças, Centro Hospitalar Lisboa Norte, and Câmara Municipal de Loures among named customers.

Name

Saphety

Legal name

Saphety

Website

https://saphety.com

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

51–100 employees

Short description

Saphety is a Lisbon-based electronic invoicing and EDI platform provider operating the Saphety Invoice Network, connecting suppliers to over 90% of Portuguese public entities and serving enterprises, SMEs, and public sector bodies across Portugal, Brazil, and Colombia as a subsidiary of Sovos.

Ownership category

akta.pro rank

Product category

Electronic Invoicing Software

NAICS

Custom Computer Programming Services (541511)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Programming Services (7371)

akta.pro primary industry

E-Invoicing & Invoice Presentment (B2B/B2G) (FSAMAJAF)

akta.pro secondary industry

Biller Direct EBPP Platforms (FSAMAJAA)

Keywords

• Electronic invoicing
• EDI solutions
• B2G invoicing
• Invoice financing
• Fiscal compliance

Headquarters

HQ city

Lisbon

HQ country

Portugal

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Electronic Invoice Subscription Plans: Monthly subscription plans (no commitment, cancelable at any time) offering a set number of electronic invoice documents per month (ranging from 2 to 500 invoices). Revenue is consumption-based by document volume tier. Higher volume needs and invoice reception require complementary plans.
2. PDF Invoice Subscription Plans: Annual subscription plans offering a set number of PDF invoice documents per year (ranging from 500 to 5,000 invoices). Suitable for sending invoices to private sector customers not yet requiring structured electronic invoicing.
3. Invoice Financing (Confirming Online): Saphety's Flexcash solution allows suppliers to receive early payment of approved invoices, up to 24 business hours after submission. This is a financing service that may generate revenue through fees or interest on the advanced funds.
4. Enterprise/Project-Based Custom Solutions: Custom projects for large enterprises or public entities involving EDI implementations with complementary business messages (purchase orders, dispatch advisories), project management, and bespoke solution design. Typically handled as professional services engagements.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

Saphety provides a cloud-based electronic invoicing and EDI platform (Saphety Invoice Network / SaphetyDoc) that enables businesses to send and receive 100% of invoices electronically to both public sector entities (B2G) and private companies (B2B), in compliance with Portuguese B2G legislation. The platform supports CIUS-PT structured invoices, PDF invoices with qualified electronic signatures, ERP integration via API or partner network, and includes an invoice financing service (Flexcash/Confirming) that pays suppliers within 24 business hours.

Product overview

Saphety offers a unified electronic invoicing platform centered on the Saphety Invoice Network (SIN) and SaphetyDoc. The core platform enables businesses to send and receive 100% of invoices electronically to both public sector entities (B2G) and private companies (B2B). Key modules include Send Invoices for electronic delivery, Receive Invoices for automated supplier invoice processing, Invoice Financing (Flexcash) for payment anticipation, and Certified Invoicing with digital signatures. Additional compliance solutions include Auditoria Digital SAF-T for tax audit files and Compliance Network for public administration connectivity. The platform integrates with major ERP systems (SAP, PRIMAVERA, SAGE, PHC, Microsoft Dynamics) through a network of technology partners. The SIN API Portal enables developer integration. Plans include monthly electronic invoice subscriptions (2-500 documents) and annual PDF invoice plans (500-5000 documents).

Differentiator

Problem solved

Functional benefit

Brands

• Invoice Network: Electronic invoicing platform for sending and receiving invoices electronically

Products and services

• Saphety Invoice Network (SIN) Cloud-based electronic invoicing platform that enables businesses to send and receive 100% of invoices electronically across B2G (public sector) and B2B contexts, with automated document delivery, real-time status tracking, and compliance validation under Portuguese B2G legislation.
• SaphetyDoc EDI and electronic invoicing platform for automated document exchange between businesses, with integration to ERP systems for sending and receiving invoices, order documents, and dispatch advices.
• Faturação Eletrónica (Electronic Invoicing) Electronic invoicing solution for issuing and receiving invoices in compliance with Portuguese and EU regulations, supporting structured data format (CIUS-PT) and PDF invoice delivery with qualified electronic signatures.
• Envio de Faturas (Send Invoices) Solution for sending invoices electronically to customers, with automatic integration of invoice data into the customer's financial management system for 100% of documents.
• Receber Faturas (Receive Invoices) Solution for receiving electronic invoices from suppliers, enabling businesses to process and account for invoices automatically with reduced costs.
• Financiamento de Faturas (Flexcash - Invoice Financing) Invoice financing (Confirming) solution that enables suppliers to anticipate payment of approved invoices, with funds received within 24 business hours of submission.
• Faturação Certificada (Certified Invoicing) Certified invoicing module that ensures fiscal and legal validity of all transaction information through digital signature capabilities.
• Auditoria Digital SAF-T Digital audit solution for SAF-T (Standard Audit File for Tax) compliance, enabling digital analysis and validation of accounting records.
• Compliance Network Network solution for ensuring compliance with electronic invoicing legislation, connecting to public administration networks including eSPap.
• PDF Invoice Plans Annual subscription plans for sending invoices in PDF format with qualified electronic signature, for recipients not yet ready for structured electronic invoice formats; ranging from 500 to 5,000 invoices per year.
• Electronic Invoice Plans Monthly subscription plans (no commitment, cancelable at any time) for sending structured electronic invoices, with document allocations ranging from 2 to 500 invoices per month.
• SIN API Portal Developer portal providing API access for document submission, sandbox testing environment, and integration documentation enabling partners and developers to integrate electronic invoice sending into their own applications.

Quantifiable outcome

• Sonae saves €18 million per year using Saphety's electronic invoicing solution.
• +3 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration10 records

Feature6 records

Partnerships

Eleven partnerships are on record, tiered core.

• CTTcoreStrategic or Co-development PartnerCTT (Correios de Portugal) is listed as a Strategic Partner of Sovos Saphety, contributing to the digital transformation of Portuguese businesses through the electronic invoicing network.
• Caixa Geral de DepósitoscoreStrategic or Co-development PartnerCaixa Geral de Depósitos (CGD), Portugal's state-owned banking group, is listed as a Strategic Partner, contributing to the digital transformation and electronic invoicing ecosystem.
• SAPcoreStrategic or Co-development PartnerSAP is listed as a Strategic Partner, with integration between SAP ERP systems (SAP Business One, SAP S/4HANA) and the Saphety Invoice Network enabling seamless electronic invoicing for SAP customers.
• ContisystemscoreTechnology or IntegrationContisystems is listed as a Technology Partner developing technological integrations with Sovos Saphety's solutions.
• DigitalSigncoreTechnology or IntegrationDigitalSign is listed as a Technology Partner providing digital signature and certification services integrated with the Saphety platform.
• MulticertcoreTechnology or IntegrationMulticert is listed as a Technology Partner providing certification and digital identity services integrated with Saphety's solutions.
• SovoscoreOthersSaphety was acquired by Sovos, a global tax compliance and regulatory software company. Sovos operates Saphety as part of its product portfolio, providing global scale and infrastructure.
• Primavera SoftwarecoreImplementation/ SI/ Consulting PartnerPRIMAVERA BSS is listed as a partner representing its software through the Saphety network. The partnership enables PRIMAVERA ERP users to send and receive electronic invoices through Saphety's network.
• Sage PortugalcoreImplementation/ SI/ Consulting PartnerSage is listed as a partner representing its software through the Saphety network. Sage ERP users can send and receive electronic invoices via Saphety's platform.
• PHCcoreImplementation/ SI/ Consulting PartnerPHC Software is listed as a partner representing its software through the Saphety network. PHC ERP customers can integrate with Saphety's electronic invoicing solutions.
• Microsoft Dynamics Business CentralcoreImplementation/ SI/ Consulting PartnerMicrosoft Dynamics Business Central (via Arquiconsult and other partners) is integrated with the Saphety Invoice Network, enabling Business Central users to send electronic invoices.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Emerging players

• Mercure (by Ecosio): Cloud-based EDI/e-invoicing provider focused on European regulatory compliance and ERP connectivity. Comparable to Saphety in API-first integration model and focus on mandated electronic invoice formats.
• Billit: Belgian SMB-focused e-invoicing platform with self-service onboarding and subscription pricing. Comparable to Saphety's PLG/self-serve motion for smaller businesses and sole traders.

Direct peers

• Pagero: Global e-invoicing and continuous transaction controls platform with deep European public-sector interoperability. Directly comparable to Saphety in operating an open business network for B2G/B2B invoice exchange, though with broader geographic reach.
• Basware: Finnish AP automation and e-invoicing network serving large enterprises and public sector. Comparable to Saphety in providing invoice sending/receiving infrastructure with network effects and ERP integrations.
• Tradeshift: Global B2B e-invoicing and supply chain finance platform. Comparable to Saphety in offering electronic invoice exchange plus adjacent fintech services (invoice financing, early payment), targeting both SMBs and enterprises.
• Invoiceware (Sovos affiliate): Sibling Sovos entity providing e-invoicing solutions in Brazil and Latin America. Closely comparable to Saphety in regulatory-driven e-invoicing for B2G/B2B markets, with overlapping Lusophone customer profile.
• Esker: European AP automation and e-invoicing vendor with ERP integrations and SaaS subscription model. Comparable to Saphety in automating invoice-to-pay workflows for mid-market and enterprise customers.

Broad incumbents

• Sovos: Saphety's parent company and a global tax compliance and regulatory software platform. Operates adjacent e-invoicing and continuous transaction controls solutions across multiple geographies, providing parent-level strategic context for Saphety's positioning.
• Cegid: French ERP and financial software provider with e-invoicing capabilities, particularly for SMB compliance with French B2G mandates. Comparable to Saphety in combining ERP distribution with mandate-driven e-invoicing.

Regional players

• Editel (Atos): Austrian/Central European EDI and e-invoicing network provider serving DACH markets. Comparable to Saphety in operating a regional compliance-driven e-invoicing network with regulatory specialization.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/c/Saphety/videos
• Xx.com/saphety
• Facebookfacebook.com/saphety

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Saphety