Top 3 White-Label Invoicing APIs to Automate Payments for Platforms
For most B2B SaaS platforms, integrating an invoicing API is focused on creating upsell opportunities or improving the overall product offering. Adding a white-labeled invoicing feature is essential to ensure the invoicing functionality feels like an integral part of your platform.
Invoicing is essential for every business, and streamlining it can save time and reduce errors. For B2B SaaS, fintech, and neobank platforms, the main goal is often to upsell clients or enhance their services. In this case, integrating a white-labeled invoicing API is a smart choice. With limited options available, we've created a guide on white-label invoicing APIs to help you find the best solution for your needs.
In this article, we will cover:
What is an Invoicing API?
An invoicing API automates the creation, delivery, and management of invoices by seamlessly connecting different software platforms, helping businesses streamline their invoicing process and reduce manual errors.
Top Reasons to Implement a White-Label Invoicing API for Your Business
If you're integrating an invoicing feature for your own use, there's no need for white-labeling. While it may look better with your branding, it’s not essential.
White-labeling is crucial when adding an invoicing feature for your clients. Without it, clients may notice the third-party provider, which can cause distrust or reduce confidence in your platform. By using your branding, clients are more likely to adopt the feature since they already trust your services. This makes the integration smoother and more cost-effective for them. Learn more in our blog Invoicing as a New Revenue Stream.
Key Features to Consider When Choosing a White-Label Invoicing API
A white-labeled invoicing API is typically designed with your clients in mind. Here's what you should look for:
Top 3 White-Label Invoicing APIs to Automate Payments for Platforms
This list features invoicing APIs we know well, presented in random order. We've included ourselves because we offer a white-label invoicing API and believe we rank among the best. However, we've placed ourselves last to give you the chance to explore other options first.
Invoice Ninja Invoice API
Invoice Ninja is an invoicing platform designed for freelancers and small businesses, offering tools to create invoices, accept payments, track expenses, and manage billable tasks. It helps users streamline their workflow, get paid faster, and customize branding for a professional look.
Key Features
Niche Specification
Even though B2B SaaS, Fintech, and Neobank companies aren't Invoice Ninja's main focus, they still offer support, including integration into the dashboard. This allows you to upsell the invoicing feature to your clients, though the rules may be a bit more complex, and support for these features is slightly less comprehensive. Their primary users include:
Pricing:
Invoice Ninja offers transparent and very affordable pricing packages, including one that is free forever.
Monite Invoice API
Monite’s Invoicing API is designed specifically for neobanks, fintechs, and B2B SaaS platforms. It automates accounts receivable processes and integrates seamlessly with these platforms, allowing them to offer invoicing and financial automation services to their clients. Monite also automates payment reminders, payment reconciliation, and integrates with accounting software to streamline financial operations.
Key Specifications
Niche Specification
Monite’s Invoicing API is tailored for neobanks, fintechs, and B2B SaaS platforms.
Pricing
Monite’s pricing includes a commitment fee with usage-based charges. Pricing typically ranges from €2,000 to €10,000 per month, with additional costs for each organization and document. Pricing details are not publicly disclosed but follow industry standards.
Space Invoices Invoice API
Space Invoices API is designed for B2B SaaS companies, fintechs, and neobanks, but also supports e-commerce and marketplaces. It automates global e-invoicing, tax compliance, and digital reporting, making it a cost-effective solution for small and medium-sized businesses. Platforms can integrate invoicing capabilities in under a week and at a low cost, allowing for higher margins or more clients, making it easier to compete in the market.
Key Specifications
Niche Specification
Space Invoices primarily serves B2B SaaS companies, fintechs, and neobanks, but also provides solutions for e-commerce and marketplaces.
Pricing
Space Invoices offers transparent, usage-based pricing designed to grow with your business:
Step-by-Step Guide to Integrating a White-Label Invoicing API
Integrating an API is not a one-size-fits-all process, as different providers have unique requirements. However, here’s a general approach to guide you:
Once you’ve done this, you’ll have the information needed to make an informed decision and begin the integration process.
Maximize Revenue and Cut Costs
With Space Invoices' Invoicing API, platforms can add invoicing capabilities in under a week at a very low cost. This quick integration allows for a faster time to market, helping you acquire clients and grow revenue more quickly.
Neobanks, fintechs, and B2B SaaS platforms can increase revenue by upselling clients with an invoicing feature that feels built-in, thanks to the API. The low cost gives you flexibility for higher margins or the ability to serve more clients, making it easier to compete with other service providers.
The invoicing feature can be billed in several ways:
For more details on turning invoicing into a revenue stream, check out our guide or reach out via live chat.
Additional reading:
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