InvoiceSherpa
InvoiceSherpa is a Sacramento-based SaaS platform that automates accounts receivable workflows, including invoice reminders, integrated payments, and reconciliation, for SMBs across agencies, law firms, IT services, software, and accounting verticals.
- Company typePrivate
- Founded2015
- HeadquartersSacramento, United States
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What InvoiceSherpa does
InvoiceSherpa, operating as Invoice Sherpa LLC and headquartered in Sacramento, California, is a privately held SaaS provider of accounts receivable automation software for small and mid-sized businesses. Founded in 2014-2015, the company offers a cloud-based platform that synchronizes with accounting software (QuickBooks Online, Xero, and Clio for legal practices) to pull invoices and customer data, send automated customizable email and SMS reminders, accept integrated credit card and ACH payments through a broad set of payment gateways, and reconcile received payments back into the underlying accounting system. Core product modules include Custom Invoice Reminders, an integrated payment processing layer, AutoPay/Recurring Charges, a 24-hour customer self-service portal, and an AR dashboard for cashflow monitoring.
The company operates a product-led growth go-to-market motion with a 14-day free trial and no credit card requirement, distributed directly through its website, the QuickBooks App Store, and the Xero Marketplace. A Trusted Advisor (ISTA) program extends the channel by enabling accountants and bookkeepers to manage multiple client accounts under a single dashboard. Revenue is generated primarily through tiered monthly or annual subscriptions priced on open-invoice volume, supplemented by a 1% transaction fee on both credit card and ACH payments (the ACH fee introduced in October 2023). Target verticals include marketing and advertising agencies, law firms, IT services and consulting firms, software and technology companies, and accounting and bookkeeping practices, with named reference customers spanning SMBs as well as larger brands such as Patagonia and Smartsheet. The company is bootstrapped, with no disclosed funding rounds, and operates with a very small team of 1-10 employees.
InvoiceSherpa firmographics
Firmographics- Name
- InvoiceSherpa
- Legal name
- Invoice Sherpa LLC
- Website
- https://invoicesherpa.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- InvoiceSherpa is a Sacramento-based SaaS platform that automates accounts receivable workflows, including invoice reminders, integrated payments, and reconciliation, for SMBs across agencies, law firms, IT services, software, and accounting verticals.
- Ownership category
- akta.pro rank
InvoiceSherpa industry classification
Industry- Product category
- Accounts Receivable Automation Software
- NAICS
- Collection Agencies (56144), Financial Transactions Processing, Reserve, and Clearinghouse Activities (52232)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Processing & Data Preparation (7374)
- akta.pro primary industry
- Accounts Receivable (Invoicing, Cash Application, Deductions) (BPAAAGAB)
- akta.pro secondary industries
- Recurring Billing & AutoPay Management (FSAMAJAE), Bill Pay, Invoicing & Payables Platforms (BPAMAFAF)
Keywords
Where InvoiceSherpa is headquartered
LocationHeadquarters
- HQ city
- Sacramento
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
InvoiceSherpa business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Operations, Marketing or Sales, Infrastructure, Personnel
Revenue model
- Subscription Plans: Monthly or annual subscription plans based on the number of open invoices processed. Plans are auto-optimized based on the user's open invoice count. Annual plans offer discounted rates. 14-day free trial without credit card required.
- Transaction Fees - Credit Card: 1% transaction fee on all payments made via credit card. Added to the monthly invoice billing cycle alongside subscription fee.
- Transaction Fees - ACH: 1% transaction fee on all payments processed via ACH (effective October 20th, 2023 per Terms of Service).
- Trusted Advisor Account (ISTA): Free accounts for approved accountants and bookkeepers; they can manage client billing plans and receive 20% discount to pass through to clients.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Core A/R automation with integrated payments |
| Subscription | Monthly | Accountant/Bookkeeper managed accounts |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels9 records
InvoiceSherpa product offering
Product offeringCore offering
InvoiceSherpa provides a cloud-based accounts receivable automation platform that syncs with accounting software (QuickBooks, Xero, Clio) to send automated invoice reminders via email and SMS, collect payments via integrated credit card and ACH processing, manage recurring billing and auto-pay, and reconcile all transactions back to the customer's accounting system. It also offers a Trusted Advisor (ISTA) program that lets accountants and bookkeepers manage AR automation on behalf of their clients.
Differentiator
Problem solved
Functional benefit
Products and services
- InvoiceSherpa Accounts Receivable Automation Platform Cloud-based accounts receivable automation platform for SMBs and service-based businesses. Syncs with QuickBooks, Xero, and Clio to send automated invoice reminders, collect payments via integrated credit card and ACH, manage recurring billing, and reconcile transactions back to the customer's accounting software.
- InvoiceSherpa Trusted Advisor Account (ISTA) Specialized account offering for accountants, bookkeepers, and financial professionals that lets them connect and manage AR automation for multiple client accounts from a single dashboard, set client billing plans, and apply a 20% discount to client subscriptions.
Quantifiable outcome
- 25% reduction in past due receivables
- +4 more outcomes
Companies that use InvoiceSherpa
Customer profileNamed customers9 records
Segments6 records
Ideal customer profiles2 records
InvoiceSherpa technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration17 records
Feature8 records
InvoiceSherpa partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core and supporting.
- QuickBookscoreQuickBooks Online integration is the primary accounting software connection. InvoiceSherpa is featured as 'QuickBooks Recommended' on the QuickBooks Blog. One-click sync pulls invoices and customer data. Payments automatically reconcile back to QuickBooks. Available through QuickBooks App Store.
- XerocoreXero accounting software integration allowing sync of invoices and customer data. Available through Xero Marketplace. Bidirectional data flow for seamless A/R management.
- CliocoreClio legal practice management integration for law firm clients. Syncs invoices and customer data for automated collections. Targeted vertical for legal industry.
- Authorize.netcorePrimary payment gateway for credit card and ACH processing. Integrates with major payment processors including Chase Paymentech, Elavon, First Data, Global Payments, Heartland, TSYS, Vantiv/WorldPay, and others.
- StripecorePayment gateway partner for processing credit card and ACH/eCheck payments. Comprehensive error message documentation in help center.
- QuickBooks PaymentssupportingPayment gateway option integrated with QuickBooks ecosystem for payment processing.
- LawPaysupportingPayment gateway partner specifically for law firms, meeting IOLTA compliance requirements.
- FortesupportingPayment gateway partner for credit card and ACH processing.
- PayPalsupportingPayPal client ID and secret integration supported for payment processing.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
InvoiceSherpa competitors and assessment
Company assessmentDirect peers
- BILL: BILL is a leading AP/AR and spend management platform for SMBs and mid-market, with native invoicing, automated collections, and integrated payments. It is the most direct scaled competitor to InvoiceSherpa in the SMB AR-automation category, but also offers broader AP, expense, and corporate-card functionality.
- Versapay: Versapay provides accounts receivable automation and collaborative invoicing for mid-market and enterprise B2B customers. It overlaps directly with InvoiceSherpa on automated reminders, customer portals, and integrated payments, but targets a larger segment and offers more sophisticated cash-application and deduction-management features.
- Melio: Melio is a B2B payments platform aimed at SMBs that automates bill payments, vendor payouts, and receivables via ACH and card. It competes head-to-head with InvoiceSherpa for the same SMB accounts payable/receivable workflow, though with a heavier emphasis on AP than AR.
- Chaser: Chaser is an AR automation and collections platform that sends automated invoice reminders, integrates with accounting software, and offers a debtor-facing payment portal. It is a near-feature-parity competitor to InvoiceSherpa, primarily serving SMBs in the UK and US.
- YayPay (by Quadient): YayPay, now part of Quadient, provides accounts receivable automation, collections workflows, and cash-application tools for mid-market and enterprise finance teams. It directly competes with InvoiceSherpa in AR automation but targets larger organizations with more complex credit-to-cash processes.
- PaySimple: PaySimple is an SMB payment and billing platform offering recurring billing, online invoicing, automated reminders, and integrated ACH/card acceptance. It competes directly with InvoiceSherpa for SMB service businesses seeking an all-in-one billing and collections solution.
Broad incumbents
- HighRadius: HighRadius is an enterprise fintech offering AI-driven order-to-cash, treasury, and accounts receivable automation suites. It overlaps with InvoiceSherpa’s reminder, AutoPay, and reconciliation capabilities, but addresses large enterprises with deeper ERP integration and predictive analytics.
- BlackLine: BlackLine provides cloud-based financial close, intercompany accounting, and accounts receivable automation software for enterprise finance organizations. It is comparable to InvoiceSherpa on the AR-automation dimension but serves much larger customers as part of a broader finance-controls suite.
- Tipalti: Tipalti is a payables automation platform covering invoice management, global payments, tax compliance, and supplier onboarding, with AR extensions. It competes with InvoiceSherpa for the same SMB/mid-market finance-stack budget and offers a broader financial-operations footprint.
Emerging players
- FreshBooks: FreshBooks is an SMB accounting and invoicing platform with native recurring billing, automated payment reminders, and integrated online payments. It partially overlaps InvoiceSherpa’s core AR-reminder and AutoPay capabilities as part of a broader accounting suite, and may bundle AR features natively over time.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
InvoiceSherpa social profiles
Digital presenceInvoiceSherpa financial estimates
Financial estimateRevenue estimate
Valuation estimate
InvoiceSherpa leadership team
Management profileNumber of profiles
InvoiceSherpa funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
InvoiceSherpa M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about InvoiceSherpa
What does InvoiceSherpa do?
InvoiceSherpa provides a cloud-based accounts receivable automation platform that syncs with accounting software (QuickBooks, Xero, Clio) to send automated invoice reminders via email and SMS, collect payments via integrated credit card and ACH processing, manage recurring billing and auto-pay, and reconcile all transactions back to the customer's accounting system. It also offers a Trusted Advisor (ISTA) program that lets accountants and bookkeepers manage AR automation on behalf of their clients.
Is InvoiceSherpa a public or private company?
InvoiceSherpa is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was InvoiceSherpa founded?
InvoiceSherpa was founded in 2015. It employs 1 to 10 people.
Where is InvoiceSherpa based?
InvoiceSherpa is headquartered in Sacramento, United States, in the North America region.
How does InvoiceSherpa make money?
Four revenue lines are on record. Subscription Plans are the primary driver. The others are transaction Fees - Credit Card, transaction Fees - ACH and trusted Advisor Account (ISTA).
Who are InvoiceSherpa's main competitors?
Direct peers on record are BILL, Versapay, Melio, Chaser, YayPay (by Quadient) and PaySimple. Broad incumbents are HighRadius, BlackLine and Tipalti. FreshBooks is listed as an emerging player.
Does InvoiceSherpa have an API?
No public API is recorded for InvoiceSherpa.
What industry is InvoiceSherpa in?
InvoiceSherpa's product category is Accounts Receivable Automation Software. Its primary akta.pro industry code is BPAAAGAB, Accounts Receivable (Invoicing, Cash Application, Deductions), with a secondary code of FSAMAJAE, Recurring Billing & AutoPay Management. Its NAICS code is 56144 and its SIC code is 7372.