Space Invoices

Space Invoices is an invoicing API designed by Space Invoices, Inc. for SaaS and e-commerce businesses. According to the vendor, this solution aims to simplify the generation of branded, tax-compliant invoices at any scale. It offers comprehensive features for estimates and invoices, e-reporting/fiscalization, and payment processing. The product caters to businesses of all sizes, from startups to large enterprises, and is commonly used in industries such as SaaS companies, e-commerce businesses, mobility service providers, online marketplaces, content creators, and online course platforms.

Key Features

Simple API: According to the vendor, Space Invoices provides a straightforward API that allows businesses to effortlessly integrate invoicing functionality into their software. It supports various financial documents, eliminating the need for businesses to develop and maintain complex financial calculations, tax legislation, and reporting functionalities.

Full UI Option: Space Invoices offers a customizable, cloud-hosted invoicing app that enables businesses to establish their own branded invoicing system quickly. The UI can be fully personalized with custom logos, color palettes, and customized messages on generated invoices. The vendor claims that it supports multiple languages, allowing businesses to provide localized invoicing experiences for their customers.

Payment Processing: According to the vendor, Space Invoices enables businesses to expedite payment collection through "click-through" payment options within electronic invoices. Invoices can include an embedded "Pay Now" button that allows customers to view the invoice and seamlessly proceed to make payments. Integrated payment processing significantly reduces processing times, improving cash flow for businesses.

Global Tax Compliance: Space Invoices handles local tax compliance by automatically applying the correct tax rates to customer invoices based on their jurisdictions. The API adheres to local invoice format specifications, ensuring compliance with the requirements of different tax jurisdictions. Real-time transaction reporting helps businesses stay compliant with local tax authorities.

Automated Workflow: According to the vendor, Space Invoices automates recurring charges and payments for customers on monthly, quarterly, or annual plans. Businesses can access real-time accounts receivable (A/R) analytics to track revenue, payment status, and A/R aging. The product also offers rules-based A/R automation, enabling businesses to send automated follow-up emails based on defined A/R aging rules to facilitate faster payments.

Multi-tenant and Multi-national Billing: Space Invoices supports multi-tenant invoicing, allowing online marketplaces to offer invoicing services to multiple tenants within their platform. Each tenant can have custom branding, providing a localized experience for customers and suppliers. The API handles localization, including taxes, reporting languages, and currencies, making it easy for businesses to operate in multiple countries.

Embedded Finance: According to the vendor, Space Invoices helps businesses integrate financial services into their platform, enhancing the customer experience and creating new revenue streams. By offering core financial services such as job estimates, invoicing, and payments, businesses can streamline their operations and eliminate the need for external solutions.