Octobat

Octobat is an automated tax invoice solution designed to streamline billing workflows for internet businesses, SaaS companies, ecommerce stores, and online marketplaces. This software solution caters to businesses of all sizes, from small and medium-sized enterprises (SMBs) to large corporations. Octobat is widely utilized by professionals in accounting and finance, as well as industries such as ecommerce, SaaS, online marketplaces, and other internet-based businesses.

Key Features

Compliant tax invoices on autopilot: According to the vendor, Octobat automates the generation of tax invoices, ensuring businesses can issue invoices that adhere to specific national and international rules. It supports both one-time invoicing and fully automated recurring billing workflows.

Automatic invoice generation: Octobat integrates directly with payment service providers and APIs to automatically generate invoices, helping businesses comply with international and country-specific regulations. It supports both recurring payments and one-time charges.

Invoices for recurring payments: Octobat enables businesses to issue and deliver invoices each time a renewal occurs for recurring payments, ensuring compliance in recurring billing processes.

Auto delivery: According to the vendor, businesses can choose to automatically send invoices and credit notes to customers, eliminating manual duties and allowing them to focus on core operations.

Manual invoice creation: According to the vendor, Octobat allows for manual invoice creation, ensuring consistency in invoice formatting and number sequencing, helping maintain clear and organized accounting records.

Compliant tax invoices straight out-of-the-box: The vendor states that Octobat's automated tax invoice solution helps internet businesses comply with international regulations. It includes features such as sequence numbering, currency support, and specific mention requirements.

Tax rates right away: According to the vendor, Octobat offers a tax calculation engine that applies the correct tax rate to every invoice item, ensuring the display of accurate tax amounts in documents and full compliance.

Sequential numbering: Octobat systematically and automatically assigns a unique sequential numbering to invoices, ensuring proper documentation for tax compliance and accounting purposes.

Multi-language invoices: According to the vendor, Octobat supports the delivery of invoices and credit notes in customers' preferred languages, providing native language support for over 100 countries.

Multi-currency compliance: According to the vendor, Octobat enables the delivery of tax invoices in more than 30 currencies, using FX rates provided by the European Central Bank to display the customer's native currency.