Winvoice

What Winvoice does

Winvoice AB is a Swedish SaaS company that operates an electronic invoice management (EFH) platform automating the supplier invoice lifecycle from receipt through approval to final posting. The platform receives invoices as e-faktura, email PDFs, drag-and-drop PDFs, or digitized paper, and uses a network of interpretation engines to extract header and line-item data. Rule-based logic, configurable approval workflows (Attestflöden), coding templates, and historical pattern matching then route, code, and approve invoices with minimal manual handling. Three-way matching compares purchase orders, goods receipts, and invoice lines to flag discrepancies before posting. All bookings are synchronized back to the customer's ERP through bi-directional integrations.

The platform integrates natively with the dominant Swedish accounting and ERP systems: Spiris, Fortnox, Visma.Net, Visma Admin, and Business NXT, with SSO via Visma Connect and a mobile application for iOS and Android approvals. Multi-company management (Flerbolagshantering) lets accounting firms and corporate groups work across many legal entities in a single view, with role-based permissions set per company. Winvoice is partially owned by Visma Group and is positioned as Visma's recommended EFH solution, which provides distribution, brand credibility, and ecosystem integration while the company retains product-development autonomy.

Winvoice monetizes on a usage-based per-invoice pricing model across seven volume tiers from under 1,000 to 50,000+ invoices per year. There are no per-user, per-company, setup, or integration fees; unlimited users and companies are included. The company targets Swedish SMBs, accounting firms (redovisningsbyråer), and corporate groups, and reports being used by 500+ Swedish companies with a sub-cohort of 200+ on the Visma.Net integration. Distribution combines direct sales (named contact Kevin Power offering 30-minute demos), self-serve onboarding, ERP-vendor referrals (Spiris actively recommends Winvoice), and implementation partner Exsitec AB. Operations are based in Hö lö and Stockholm, Sweden.

Name

Winvoice

Legal name

Winvoice AB

Website

https://winvoice.se

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

1–10 employees

Short description

Winvoice AB is a Swedish SaaS provider of electronic invoice management (EFH) software, serving over 500 SMBs, accounting firms, and corporate groups with AI-powered invoice interpretation, configurable approval workflows, multi-company handling, and bi-directional ERP sync, monetized via per-invoice pricing as a partially owned Visma Group company.

Ownership category

akta.pro rank

Product category

Accounts Payable Automation Software

NAICS

Computer Systems Design and Related Services (54151), Custom Computer Programming Services (541511)

SIC

Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

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

akta.pro secondary industry

Invoice Processing & 2/3-Way Match Support (BPAAAJAG)

Keywords

• Electronic invoice management
• Accounts payable automation
• Invoice processing software
• Approval workflow software
• ERP integration platform

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Per-Invoice Usage-Based Pricing: Customers pay exclusively per invoice processed. There are no per-user license fees, no per-company charges, no hidden setup fees, and no integration costs. Unlimited users and companies are included. The pricing model is designed to be predictable and scale with the customer's actual usage, making it cost-effective for accounting firms and multi-company organizations.

Pricing tiers

Go-to-market motion4 records

Distribution channels3 records

Marketing channels4 records

Core offering

Winvoice is a SaaS-based electronic invoice management (EFH) platform that automates the full supplier invoice lifecycle - from receipt and AI-powered interpretation of e-invoices and PDF invoices, through automatic coding and configurable multi-step approval workflows, to final booking and archiving in the connected ERP or accounting system. It is purpose-built for Swedish SMBs, accounting firms (redovisningsbyråer), and corporate groups with multi-company structures, integrating bi-directionally with leading Swedish ERPs such as Spiris, Fortnox, Visma.Net, Visma Admin, and Business NXT.

Product overview

Winvoice is a single, unified electronic invoice management (EFH) platform developed by Winvoice AB, a Visma Group company. The core product is the Winvoice platform, which handles the complete supplier invoice lifecycle: receipt, AI-powered interpretation, automatic coding, approval workflows, and final accounting. It integrates with leading ERP systems (Spiris, Fortnox, Visma.Net, Visma Admin, Business NXT) and complements them by automating the accounts payable workflow that these systems typically handle with basic built-in functions. The Winvoice Mobile App extends the platform to iOS and Android devices. Key functional modules include Invoice Interpretation (computer-vision-based data extraction), Automated Coding (template- and AI-driven), Approval Workflows (rule-based routing with multi-level approval and automatic reminders), Multi-Company Management (unified multi-entity view), and Three-Way Matching (purchase-order-to-delivery-to-invoice comparison). AI Invoice Interpretation is under development as a roadmap feature. Winvoice is priced per processed invoice (not per user or company), enabling unlimited users and companies.

Differentiator

Problem solved

Functional benefit

Products and services

• Winvoice Electronic Invoice Management Platform SaaS electronic invoice management (EFH) platform that automates supplier invoice processing for Swedish businesses from receipt and AI-powered interpretation through automatic coding, configurable approval workflows, and final posting to the connected ERP or accounting system. Sold to SMB finance departments, accounting firms, and corporate groups in Sweden.
• Winvoice Mobile App Native mobile application for iOS and Android that lets Winvoice customers review and approve pending invoices, view approval percentages, and manage invoice status lists from anywhere.

Quantifiable outcome

• Invoice processing time reduced by more than 50% (halved)
• +1 more outcomes

Named customers6 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability7 records

Feature10 records

Partnerships

Six partnerships are on record, tiered core.

• Spiris (formerly Visma eEkonomi)coreChannel Partner/ Reseller/ DistributorSpiris actively recommends Winvoice as the preferred EFH (electronic invoice management) solution for its customers. The integration provides two-way sync of all registers (projects, cost centers, suppliers, chart of accounts) and supports invoice history import from Spiris. Login with Spiris account is supported.
• FortnoxcoreTechnology or IntegrationWinvoice offers a pre-built integration with Fortnox cloud-based accounting platform for book-keeping, invoicing, and payroll. The integration enables seamless two-way data synchronization between Winvoice and Fortnox.
• Visma.NetcoreTechnology or IntegrationWinvoice provides a pre-built integration with Visma.Net cloud ERP for larger organizations. The integration supports two-way sync, full dimension support, AI-based purchase order matching (three-way matching), and SSO via Visma Connect. Over 200 companies use this integration.
• Business NXT (Visma Business)coreTechnology or IntegrationWinvoice integrates with Business NXT for advanced invoice management. Supports AI-based line-item interpretation, two-way dimension sync, full history import, and booking back to Business NXT. SSO via Visma Connect is supported.
• Visma AdministrationcoreTechnology or IntegrationWinvoice integrates with Visma Administration (Visma Admin) for small and medium-sized businesses, providing automated invoice processing and approval workflow capabilities.
• Exsitec ABcoreImplementation/ SI/ Consulting PartnerExsitec AB is an implementation and consulting partner that uses Winvoice to deliver automation to their customers' invoice flows. Exsitec provides project implementation services and has provided customer testimonials for Winvoice.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Basware: Finnish-headquartered global provider of AP automation, e-invoicing, and procurement solutions. One of the most established players in the Nordic AP automation market, directly competing with Winvoice for larger enterprise and multinational customers.
• Medius: Stockholm-based AP automation and e-invoicing provider serving mid-market and enterprise customers in the Nordics and globally. Direct competitor to Winvoice in Swedish AP automation, with overlapping customer profile and similar AI-driven invoice processing capabilities.
• Pagero: Gothenburg-based e-invoicing and business document network operator. Competes with Winvoice in the Swedish market on e-invoice exchange and digital invoice processing, with a network-based model versus Winvoice's workflow automation approach.

Broad incumbents

• SAP Concur: Global enterprise spend management and invoice automation platform. Competes in the broader AP automation category with deeper enterprise and multinational capabilities, but with less focus on the Swedish SMB segment.
• Bill.com: US-leading SMB-focused AP and AR automation platform. Similar per-transaction pricing philosophy and SMB customer focus, though operating in a different geography. Represents the broader AP automation category economic model.
• AvidXchange: US-focused AP automation platform with AI-powered invoice processing for mid-market. Different geography but directly comparable in product category, target customer profile, and automation-first value proposition.
• Fortnox: Leading Swedish cloud accounting and payroll platform with built-in invoice management features. While currently an integration partner, Fortnox's own invoice processing capabilities represent a direct competitive threat to Winvoice for SMB customers.
• Visma Netvisor: Visma's own cloud accounting platform with native AP/invoice handling features. As the parent company, Visma Group's own ERP capabilities represent both a distribution channel and a potential competitive substitute for Winvoice.
• Tipalti: Global AP automation platform serving mid-market and enterprise customers. While geographically broader and not Sweden-focused, it competes for the same accounts payable automation use cases with AI-powered invoice processing and approval workflows.

Emerging players

• Inexchange: Swedish supplier invoice digitization platform that is already a Winvoice integration partner. Provides complementary e-invoice ingestion technology, but could evolve into a more direct competitor with workflow automation capabilities.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/winvoice-ab

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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 Winvoice