Finvoicer
Finvoicer Group Oy is a Finnish financial management services company and Lemonsoft Group subsidiary serving about 7,000 SMEs with cloud-based accounting, payroll, invoicing, collections, invoice financing, and outsourced CFO services from offices in Turku, Tampere, and Jyväskylä.
- Company typePrivate
- Founded2009
- HeadquartersTurku, Finland
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Finvoicer does
Finvoicer Group Oy is a Finnish financial management services company headquartered in Turku, with additional offices in Tampere and Jyväskylä. Founded in 2009 and operating as a subsidiary of the domestic Lemonsoft Group, Finvoicer provides an integrated suite of electronic financial management services for approximately 7,000 Finnish businesses ranging from solo entrepreneurs to publicly listed companies. Its service portfolio spans the full invoice and accounting lifecycle: electronic bookkeeping (Kirjanpito), payroll processing (Palkanlaskenta), invoice lifecycle management (Laskujen elinkaari), automated payment reminders (Maksuhuomautus), professional debt collection (Perintäpalvelu), invoice factoring (Laskurahoitus), and tiered outsourced CFO services (Ulkoistettu talouspäällikkö). Supporting products include the Finvoicer 24/7 self-service portal, the Helpostilasku simplified invoicing service, and the Lemon Maksuvahti automated payment-monitoring module, which the company reports reduces average payment delays by approximately 50%.
The underlying technology is a cloud-based financial management platform built within the Lemonsoft Group ecosystem, with pre-built integrations to Planet (hospitality), Tehden (business software), the Finnish Tax Administration via VeroAPI, and Lemonsoft's eKuitti AI-powered receipt-scanning application. The company has processed over 3 million successful collection assignments, evidencing significant operational scale in transaction-based services. Recognized as an authorized member of Taloushallintoliitto (Finnish Bookkeeping Association) and holder of the Avainlippu (Key Flag) certification, Finvoicer positions itself as a locally rooted, compliance-oriented alternative to generic Nordic fintech providers.
Finvoicer's revenue model combines recurring subscription revenue from accounting, payroll, CFO, and SaaS modules with transaction-based revenue from invoice financing (commissions starting from 0.53%) and debt collection (no opening or maintenance fees, charges on recovery). Pricing is transparently disclosed for the outsourced CFO service across three tiers (€490, €790, and €1,490 per quarter) based on customer revenue, while accounting and bookkeeping services are quoted based on company size and transaction volume. Distribution is primarily inside-sales and consultation-led via phone, email, and website contact forms, supplemented by self-serve portals, with marketing driven by a Finnish-language blog and published customer case studies across hospitality, technology, and digital health verticals.
Finvoicer firmographics
Firmographics- Name
- Finvoicer
- Legal name
- Finvoicer Group Oy
- Website
- https://finvoicer.fi
- Company type
- Private
- Founded year
- 2009
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Finvoicer Group Oy is a Finnish financial management services company and Lemonsoft Group subsidiary serving about 7,000 SMEs with cloud-based accounting, payroll, invoicing, collections, invoice financing, and outsourced CFO services from offices in Turku, Tampere, and Jyväskylä.
- Ownership category
- akta.pro rank
Finvoicer industry classification
Industry- Product category
- Financial Management Services
- NAICS
- Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Professional Employer Organizations (561330), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
- SIC
- Finance Services (6199), Services-Prepackaged Software (7372), Short-Term Business Credit Institutions (6153), Services-Management Consulting Services (8742), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Order-to-Cash (O2C) Operations (Order Admin, Credit, Invoicing, Collections Handoff) (BPAAAGAK)
- akta.pro secondary industries
- Accounts Payable (Invoice Processing, 2/3-Way Match, Vendor Payments) (BPAAAGAA), Bill Pay, Invoicing & Payables Platforms (BPAMAFAF), Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN)
Keywords
Where Finvoicer is headquartered
LocationHeadquarters
- HQ city
- Turku
- HQ country
- Finland
- HQ region
- Europe
Offices3 records
Markets served
Finvoicer business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel
Revenue model
- Accounting and Bookkeeping Services: Full-service accounting, bookkeeping, and financial management services. Pricing varies based on company size and transaction volume. Services include electronic accounting, tax filings, and financial reporting.
- Payroll Processing Services: Comprehensive payroll services including salary calculation, tax reporting, and compliance. Includes dedicated payroll specialist assigned to each client.
- Outsourced CFO / Financial Controller Services: Three-tier service packages (Basic 490€/mo, Advanced 790€/mo, Pro 1490€/mo) providing fractional CFO services. Includes strategic planning, budgeting, cash flow management, and financial reporting.
- Invoice Financing: Factoring service where businesses can sell invoices for immediate cash. Commission starts from 0.53% of invoice value. Revenue generated from financing spread and commissions.
- Collection Services: Payment reminder, debt collection, and legal recovery services. Fees typically charged as percentage of recovered amounts or flat per-assignment rates. Over 3 million collection assignments handled.
- Billing/Invoice Lifecycle Services: Outsourced billing services including invoice creation, sending, and management. Pricing based on transaction volume or as part of comprehensive service packages.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Basic CFO service for companies with revenue 0.5-1m€ |
| Subscription | Monthly | Advanced CFO service for companies with revenue 1-2m€ |
| Subscription | Monthly | Pro CFO service for companies with revenue >2m€ |
| Transaction based/ take rate | Pay-as-you-go | Invoice financing commission starting rate |
| Transaction based/ take rate | Pay-as-you-go | Collection services - no opening or maintenance fees |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels4 records
Finvoicer product offering
Product offeringCore offering
Finvoicer Group Oy delivers automated electronic financial management services for Finnish businesses, combining a cloud-based platform with expert human accountants. Core services include electronic accounting (kirjanpito), payroll processing (palkanlaskenta), end-to-end invoice lifecycle management (laskujen elinkaari), automated payment reminders, professional debt collection, invoice financing (factoring), and tiered outsourced CFO services. The offering unifies invoicing, bookkeeping, payroll, collections, and financing into one integrated workflow backed by integrations to the Finnish Tax Administration and major business software.
Product overview
Finvoicer is a Finnish financial management services company (Finvoicer Group Oy) offering a comprehensive suite of automated accounting and financial services for businesses. The core offering is an electronic financial management platform (Sähköinen taloushallinto) that unifies invoicing, accounting, and payroll processing. This platform is complemented by modular add-on services including invoice lifecycle management (Laskujen elinkaari), automated payment reminders (Maksuhuomautus), professional collection services (Perintäpalvelu), invoice financing (Laskurahoitus), outsourced CFO services (Ulkoistettu talouspäällikkö), and the Lemon Maksuvahti payment monitoring service. Additional self-service portals include Finvoicer 24/7 for customer self-service and Helpostilasku for simplified invoicing. The company serves nearly 7,000 customers across Finland from offices in Turku, Tampere, and Jyväskylä, and is part of the Lemonsoft Group.
Differentiator
Problem solved
Functional benefit
Products and services
- Laskujen elinkaari (Invoice Lifecycle)
Quantifiable outcome
- Payment delays reduced by approximately 50% with Lemon Maksuvahti automated monitoring
- +2 more outcomes
Companies that use Finvoicer
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
Finvoicer technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature5 records
Finvoicer partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Lemonsoft OyjcoreLemonsoft is the parent company of Finvoicer Group Oy. As part of the Lemonsoft Group, Finvoicer benefits from shared technology platform, R&D resources, and cross-selling opportunities within the Finnish SME software market. The integration between Lemonsoft's ERP systems and Finvoicer's billing/accounting services creates a comprehensive financial management ecosystem.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Finvoicer competitors and assessment
Company assessmentBroad incumbents
- Visma: Large Nordic accounting, ERP, and business software incumbent that owns Procountor, Netvisor, and Heeros. Competes broadly with Finvoicer's offering as part of a much wider portfolio rather than as a Finland-SME specialist.
Direct peers
- Accountor: Major Nordic financial management services and software group with strong Finnish presence, offering accounting, payroll, and CFO-type services to SMEs — directly overlapping with Finvoicer's core offering.
- Heeros: Finnish financial management software company (Visma-owned) covering e-invoicing, accounting, and payroll for SMBs. Direct competitor in the same Finnish electronic financial management niche.
- Netvisor: Finnish accounting, payroll, and invoicing SaaS (Visma-owned) for SMEs and accountants. Directly comparable on the SaaS side of Finvoicer's offering with overlapping e-invoicing and electronic financial management positioning.
- Zervant: Originally a Finnish invoicing and accounting SaaS for SMBs and freelancers. Comparable in target customer and invoicing-first product wedge, though now operating across multiple European markets.
- Procountor: Finnish cloud-based financial management and ERP platform (now part of Visma) widely used by accountants and SMBs. Comparable as a Finnish accounting SaaS competitor sharing the same regulatory and customer base.
- Talenom: Publicly listed Finnish provider of accounting, payroll, and financial management software plus in-house expert services for SMEs. Closest direct competitor to Finvoicer's bundled SaaS-plus-service model in the Finnish market.
Others
- Lemonsoft: Publicly listed Finnish ERP and financial management software company and parent of Finvoicer. Related through the corporate parent and shared technology platform rather than direct external competition.
Regional players
- Fortnox: Publicly listed Swedish cloud platform for accounting, invoicing, payroll, and fintech for SMBs. Comparable in product scope and SaaS-plus-services model, but operating in the Swedish market rather than Finland.
- Billogram: Swedish billing and payments platform for subscription and recurring billing with automated dunning/collections workflows. Comparable on the invoice lifecycle and collection-automation layer, but Sweden-focused.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Finvoicer social profiles
Digital presenceFinvoicer compliance and trust
Trust signalCompliance2 records
Finvoicer financial estimates
Financial estimateRevenue estimate
Valuation estimate
Finvoicer leadership team
Management profileNumber of profiles
Finvoicer funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Finvoicer 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 Finvoicer
What does Finvoicer do?
Finvoicer Group Oy delivers automated electronic financial management services for Finnish businesses, combining a cloud-based platform with expert human accountants. Core services include electronic accounting (kirjanpito), payroll processing (palkanlaskenta), end-to-end invoice lifecycle management (laskujen elinkaari), automated payment reminders, professional debt collection, invoice financing (factoring), and tiered outsourced CFO services. The offering unifies invoicing, bookkeeping, payroll, collections, and financing into one integrated workflow backed by integrations to the Finnish Tax Administration and major business software.
Is Finvoicer a public or private company?
Finvoicer is a private company. It is classified as corporate owned and is currently operating.
When was Finvoicer founded?
Finvoicer was founded in 2009. It employs 11 to 50 people.
Where is Finvoicer based?
Finvoicer is headquartered in Turku, Finland, in the Europe region.
How does Finvoicer make money?
Six revenue lines are on record. Accounting and Bookkeeping Services are the primary driver. The others are payroll Processing Services, outsourced CFO / Financial Controller Services, invoice Financing, collection Services and billing/Invoice Lifecycle Services.
Who are Finvoicer's main competitors?
Visma is listed as a broad incumbent. Direct peers are Accountor, Heeros, Netvisor, Zervant, Procountor and Talenom. Lemonsoft is listed as an others. Regional players are Fortnox and Billogram.
Does Finvoicer have an API?
No public API is recorded for Finvoicer.
What industry is Finvoicer in?
Finvoicer's product category is Financial Management Services. Its primary akta.pro industry code is BPAAAGAK, Order-to-Cash (O2C) Operations (Order Admin, Credit, Invoicing, Collections Handoff), with a secondary code of BPAAAGAA, Accounts Payable (Invoice Processing, 2/3-Way Match, Vendor Payments). Its NAICS code is 54121 and its SIC code is 6199.