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faktoora

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Procure-to-pay platform streamlining electronic invoicing and payment processes.

Overview

Faktoora focuses on procure-to-pay accounting solutions, offering a platform designed to streamline the procurement process from purchasing to payment. The platform automates various functions including order placement, invoice processing, and payment execution, which may enhance efficiency and compliance with procurement policies. Faktoora's offerings include xrechnungen, zugferd, and simple PDF invoices, aimed at businesses of different sizes. The platform features integration capabilities with existing accounting systems, guidance on invoice submission, and personalized support. Additionally, Faktoora utilizes analytics to assist businesses in optimizing procurement strategies and managing cash flow. Their API supports the creation and delivery of electronic invoices, ensuring adherence to current standards.

Key facts

Founded
2016
Headquarters
Potsdam, Germany

Business model

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About faktoora

What does faktoora do?

Faktoora focuses on procure-to-pay accounting solutions, offering a platform designed to streamline the procurement process from purchasing to payment.

Where is faktoora headquartered?

faktoora is headquartered in Potsdam, Germany.

When was faktoora founded?

faktoora was founded in 2016.

Which sector is faktoora in?

faktoora operates in Finance & Accounting Technology, part of Financial Technology.

Who are faktoora's competitors?

Companies similar to faktoora include Faktury, AM-Einvoice, and enFact.