Innoqubit
InnoQubit is a Spanish SaaS company, founded in 2021, that delivers ERP-integrated electronic invoicing, banking, accounts payable automation, and expense management solutions for mid-market and enterprise customers using Microsoft Dynamics 365 Business Central, SAP, and Sage X3, primarily in Spain.
- Company typePrivate
- Founded2021
- HeadquartersCastellón De La Plana, Spain
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Innoqubit does
InnoQubit is a Spanish technology company founded in 2021 and headquartered in Castellón de la Plana that develops a portfolio of ERP-integrated financial process automation and electronic invoicing solutions. The product suite centers on the IQ eSign family of electronic invoicing products (Facturae for public administration, ePDF for private clients, TicketBAI/Batuz for Basque Country compliance, and VeriFactu for anti-fraud law compliance), complemented by IQ Banking CORE and SEPA for bank integration and direct debit management, ExFlow for accounts payable automation, and connector products for expense management (Captio Connect) and digital signature (Docuten Connect). Underlying capabilities include Intelligent Character Recognition (ICR) technology for receipt digitization that is AEAT-certified, and API-based compliance modules for third-party software developers. The company's primary integration target is Microsoft Dynamics 365 Business Central, with additional support for SAP, Sage X3, Odoo, Microsoft Dynamics 365 Finance, and Microsoft NAV, and its solutions are certified on Microsoft AppSource.
InnoQubit holds multiple regulatory certifications relevant to the Spanish market, including FACe Invoicing Services Company registration, Basque Tax Authority warranting software certification across all three regional Haciendas Forales, AEAT approval for expense digitalization with full legal validity (eliminating the need to retain paper documents), and eIDAS Regulation compliance for digital signatures. The company maintains memberships in Xarxatec (Castellón technology association) and Distrito Digital Comunitat Valenciana (Mediterranean technology hub) and distributes through the Microsoft partner network.
The company operates a SaaS subscription model with tiered pricing based on document volume. eSign Facturae is priced from €54/month (Basic, up to 50 documents) to €118/month (Premium, up to 1,000 documents), with connector add-ons ranging from €49 to €94/month per portal (FACe, FACeB2B, e-FACT, Osakidetza). Go-to-market combines direct enterprise sales, the Microsoft AppSource marketplace, a network of Microsoft partners, and an API offering for ERP, POS, and e-commerce developers. The company reports 4,000+ users across 500+ clients, with named customers spanning transportation (Cabify), education (IE, Escuela de Escritores), HR/Tech (Jobandtalent), technology (Jotelulu, Libertad Digital), consulting (Nunegal, Conasa, EcoSoft), industrial (Segula), services (Grup de Serveis Triangle), and medical devices (JEMED), primarily serving the Spanish market.
Innoqubit firmographics
Firmographics- Name
- Innoqubit
- Legal name
- INNOQUBIT SOFTWARE SLU
- Website
- https://innoqubit.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- InnoQubit is a Spanish SaaS company, founded in 2021, that delivers ERP-integrated electronic invoicing, banking, accounts payable automation, and expense management solutions for mid-market and enterprise customers using Microsoft Dynamics 365 Business Central, SAP, and Sage X3, primarily in Spain.
- Ownership category
- akta.pro rank
Innoqubit industry classification
Industry- Product category
- ERP Integration Software
- NAICS
- Software Publishers (51321), Software Publishers (5132), Software Publishers (513210)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- iBPMS (Intelligent BPM Suites) & Process Automation Suites (HDAEAHAG)
- akta.pro secondary industry
- Financial Planning & Analysis (FP&A) & BI (HDAEAMAG)
Keywords
Where Innoqubit is headquartered
LocationHeadquarters
- HQ city
- Castellón De La Plana
- HQ country
- Spain
- HQ region
- Europe
Offices1 record
Markets served
Innoqubit business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- SaaS Subscription - eSign Facturae: Monthly subscription tiers (Basic, Standard, Premium) with document volume limits and optional government portal connectors (FACe, FACeB2B, e-FACT, Osakidetza) billed per connector per month.
- SaaS Subscription - eSign ePDF: Monthly subscription tiers based on document volume and storage capacity for private client electronic invoicing.
- Software Licensing: Solution licensing for ERP integration products including IQ Banking, ExFlow, Captio Connect, and Docuten Connect, available as standalone or integrated modules.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Basic Plan - Up to 50 documents/month |
| Subscription | Monthly | Standard Plan - Up to 500 documents/month |
| Subscription | Monthly | Premium Plan - Up to 1000 documents/month |
| Subscription | Monthly | eSign ePDF Basic - Up to 50 documents/month with 5 GB storage |
| Subscription | Monthly | eSign ePDF Standard - Up to 100 documents/month with 10 GB storage |
| Subscription | Monthly | eSign ePDF Premium - Up to 500 documents/month with 30 GB storage |
| Subscription | Monthly | Government Connector Add-ons (per connector) |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels7 records
Innoqubit product offering
Product offeringCore offering
Innoqubit develops and distributes business software add-ons and standalone applications focused on electronic invoicing, digital signature, banking integration, accounts payable automation, expense management, warehouse management and sustainability reporting, all built to integrate natively with Microsoft Dynamics 365 Business Central and compatible with SAP, Sage X3 and Odoo. The company's flagship offerings revolve around the IQ eSign suite (Facturae, ePDF, TicketBAI, VeriFactu), the IQ Banking integration family (CORE and SEPA), and the IQ Quantum ESG/CSRD platform, sold primarily via subscription licensing to Spanish enterprises with compliance and finance automation needs.
Product overview
Innoqubit is a digital transformation company offering a portfolio of financial and billing solutions as standalone products or integrated modules within major ERP systems. The product portfolio centers on IQ eSign family for electronic invoicing (Facturae for public administration, ePDF for private clients, TicketBAI/Batuz for Basque compliance, and VeriFactu for anti-fraud law), complemented by IQ Banking for payment integration (CORE for bank connectivity/SEPA, SEPA for direct debits), ExFlow for accounts payable automation, Captio Connect and Docuten Connect for expense management and digital signature, IQ Quantum for sustainability tracking, plus SII, warehouse management, and commission modules. Primary integration is with Microsoft Dynamics 365 Business Central and Finance, with additional support for SAP, Sage X3, Odoo, and Microsoft NAV.
Differentiator
Problem solved
Functional benefit
Brands
- IQ Banking CORE: Banking integration and payment issuance solution that integrates transactions unifiedly and enables payments from within the ERP.
- IQ Banking SEPA
- IQ eSign Facturae
- IQ eSign TicketBAI
- IQ eSign Verifactu
- IQ eSign ePDF
- ExFlow
- Captio Connect
- Docuten Connect
Products and services
- IQ eSign Facturae Spanish public administration eInvoicing (Facturae format) compliance module for Dynamics 365 Business Central customers that need to issue legally valid electronic invoices to government entities.
- IQ eSign ePDF Private-sector eInvoicing module emitting ePDF-format invoices with legally binding electronic signatures for B2B transactions between companies using Microsoft Dynamics 365 Business Central.
- IQ eSign TicketBAI Compliance module for the Basque Country's TicketBAI/Batuz regulations, providing immediate invoice reporting to the regional tax authority for Dynamics 365 BC users operating in the Basque region.
- IQ eSign VeriFactu Module enabling compliance with Spain's VeriFactu anti-fraud regulation through invoicing software certified to record and transmit invoice records to the AEAT tax authority.
- IQ Banking CORE Banking integration product providing automated bank reconciliation across multiple banks and entities, with PSD2-compatible connectivity for Dynamics 365 Business Central finance teams.
- IQ Banking SEPA SEPA XML payment processing module enabling Dynamics 365 BC customers to generate SEPA-compliant payment files, remittances and direct debits directly from the ERP.
- ExFlow (AP Automation) AI-driven accounts payable automation offering for Dynamics 365 BC that captures invoices (including ICR-based data extraction), routes them through approval workflows, and posts them automatically into the ERP.
- Captio Connect Expense management connector that integrates Captio's expense capture into Dynamics 365 BC, allowing employees to submit receipts and have expenses posted automatically into the ERP.
- Docuten Connect Digital signature connector that brings eIDAS-compliant electronic signature capabilities into Dynamics 365 BC workflows, enabling legally binding signing of documents from the ERP.
- IQ Quantum Sustainability and ESG reporting module aligned with the EU CSRD framework, ingesting activity data from Dynamics 365 BC and calculating environmental indicators for corporate reporting.
- IQ eSign API Standalone developer API for electronic invoicing and digital signature, offered independently of any ERP, allowing ISVs and software developers to embed Facturae, ePDF and eIDAS signature capabilities in their own applications.
- SII Module SII (Suministro Inmediato de Información) module providing immediate VAT information reporting to the Spanish AEAT for Dynamics 365 BC customers subject to the SII regime.
- IQ eSign WMS for D365 BC Warehouse Management System (WMS) add-on for Dynamics 365 Business Central, providing inventory, logistics and warehouse operations integrated with the ERP.
- IQ eSign Commission Management Commission management module that calculates, tracks and posts sales commissions inside Dynamics 365 BC, enabling sales organizations to automate incentive compensation workflows.
- IQ eSign SII Integration for SAP / Sage X3 / Odoo Cross-ERP SII compliance module extending Spanish VAT immediate-information reporting to organizations running SAP, Sage X3 or Odoo ERPs, in addition to Dynamics 365 BC.
Quantifiable outcome
- ExFlow reduces accounts payable processing time by 50%
- +2 more outcomes
Companies that use Innoqubit
Customer profileNamed customers13 records
Segments3 records
Ideal customer profiles2 records
Innoqubit technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration12 records
AI capability6 records
Feature12 records
Innoqubit partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- XarxateccoreInnoQubit joined the Xarxatec ecosystem, the Association of Technology Companies of Castellón, to support and contribute to the technological and innovative development of the region. Xarxatec seeks to join forces between technology sector companies in Castellón to contribute to the development of qualified professionals and an ecosystem of innovation and entrepreneurship.
- Distrito Digital Comunitat ValencianacoreInnoQubit partnered with Distrito Digital Comunitat Valenciana, the largest technology hub in the Mediterranean with an ecosystem of more than 400 technology companies and organizations. The partnership aims to generate wealth and quality employment in new technologies and promote the development of the digital economy of the Valencian Community.
- MicrosoftcoreInnoQubit solutions are AppSource certified and integrate with Microsoft Dynamics 365 Business Central and NAV. Solutions are available on Microsoft AppSource marketplace and target the Microsoft Dynamics ecosystem of mid-market and enterprise customers.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Innoqubit competitors and assessment
Company assessmentEmerging players
- Captio (now part of Yokoy): Employee expense management platform with Microsoft Dynamics integrations. Captio is an existing technology partner of InnoQubit (Captio Connect), and the combined Yokoy platform competes with related expense/AP automation workflows.
- Tipalti: Accounts payable automation SaaS platform with strong ERP integrations (NetSuite, Sage Intacct, Microsoft Dynamics). Comparable to InnoQubit's ExFlow AP automation product, but operates at much larger scale and primarily outside Spain.
Broad incumbents
- Serrala: Global financial process automation and payment software vendor with deep SAP and ERP heritage. Competes with InnoQubit's AP and banking integration suite in the enterprise segment with broader geographic and product coverage.
- Sovos: Global tax compliance and regulatory reporting SaaS provider with deep e-invoicing mandates coverage across EMEA and LATAM. Overlaps with InnoQubit on continuous transaction controls compliance but at much larger scale and broader geographic footprint.
- Avalara: U.S.-listed tax compliance and e-invoicing SaaS provider. Comparable as a regulatory compliance software company serving ERP-driven compliance workflows, with broader scope but less Spanish-specific depth than InnoQubit.
Direct peers
- SERES (Docaposte): European e-invoicing and electronic document exchange operator, now part of Docaposte. Comparable as a multi-country e-invoicing compliance provider with ERP integration capabilities competing in adjacent EU markets.
- Edicom: Spanish-headquartered electronic invoicing and B2G/B2B compliance specialist with global operations. Direct competitor to InnoQubit's IQ eSign Facturae/TicketBAI/VeriFactu solutions, serving overlapping Spanish enterprise and public-sector customers with similar ERP-integrated e-invoicing software.
- Voxel Group: Spanish B2B e-invoicing, electronic billing, and supplier portal network. Directly competes with InnoQubit on electronic invoicing compliance, supplier enablement, and ERP integration in the Spanish market.
- Pagero: European e-invoicing and Peppol access point provider. Direct competitor on cross-border e-invoicing compliance, offering ERP-integrated electronic invoicing for businesses operating across multiple European jurisdictions.
- Docuten: Digital signature and electronic invoicing SaaS platform with eIDAS compliance and Dynamics integrations. Direct partner of InnoQubit (Docuten Connect) and competing platform for SMB/mid-market Spanish electronic signature and invoicing workflows.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Innoqubit social profiles
Digital presenceInnoqubit compliance and trust
Trust signalCompliance5 records
Innoqubit financial estimates
Financial estimateRevenue estimate
Valuation estimate
Innoqubit leadership team
Management profileNumber of profiles
Innoqubit funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Innoqubit 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 Innoqubit
What does Innoqubit do?
Innoqubit develops and distributes business software add-ons and standalone applications focused on electronic invoicing, digital signature, banking integration, accounts payable automation, expense management, warehouse management and sustainability reporting, all built to integrate natively with Microsoft Dynamics 365 Business Central and compatible with SAP, Sage X3 and Odoo. The company's flagship offerings revolve around the IQ eSign suite (Facturae, ePDF, TicketBAI, VeriFactu), the IQ Banking integration family (CORE and SEPA), and the IQ Quantum ESG/CSRD platform, sold primarily via subscription licensing to Spanish enterprises with compliance and finance automation needs.
Is Innoqubit a public or private company?
Innoqubit is a private company. It is classified as unknown and is currently operating.
When was Innoqubit founded?
Innoqubit was founded in 2021. It employs 11 to 50 people.
Where is Innoqubit based?
Innoqubit is headquartered in Castellón De La Plana, Spain, in the Europe region.
How does Innoqubit make money?
Three revenue lines are on record. SaaS Subscription - eSign Facturae is the primary driver. The others are saaS Subscription - eSign ePDF and software Licensing.
Who are Innoqubit's main competitors?
Emerging players on record are Captio (now part of Yokoy) and Tipalti. Broad incumbents are Serrala, Sovos and Avalara. Direct peers are SERES (Docaposte), Edicom, Voxel Group, Pagero and Docuten.
Does Innoqubit have an API?
Yes. Innoqubit offers an electronic invoicing API for ERP, e-commerce, POS and billing software developers to adapt their software to Spanish electronic invoicing and TicketBAI regulations. The API enables integration with government portals for FACe, FACeB2B, e-FACT, and Osakidetza. Solutions are available as standalone or integrated with Microsoft Dynamics 365 Business Central. Developer documentation is at docs.innoqubit.com.
What industry is Innoqubit in?
Innoqubit's product category is ERP Integration Software. Its primary akta.pro industry code is HDAEAHAG, iBPMS (Intelligent BPM Suites) & Process Automation Suites, with a secondary code of HDAEAMAG, Financial Planning & Analysis (FP&A) & BI. Its NAICS code is 51321 and its SIC code is 7372.