Company profile: WeFact
1.1 - Company Overview
Company description
- Provider of web-based invoicing and accounting solutions for SMEs, including an invoicing program to create and manage invoices, quotes and purchase invoices with real-time administrative insights; a mobile app for on-the-go invoicing and receipt scanning; an API for integrations and automated data exchange; online bookkeeping; and subscription invoicing for recurring billing.
Products and services
- WeFact Abonnementen Factureren: Recurring-billing service engineered to manage memberships, service contracts, and other periodic services for small and medium-sized enterprises
- WeFact API: API-based integration service enabling automated data exchange with other systems, such as creating invoices and managing subscriptions for SMEs
- WeFact Facturatieprogramma: Web-based invoicing system to create and manage invoices, quotes, and purchase invoices, delivering real-time administrative insights for small and medium-sized enterprises
Key contacts
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Financial details
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1.2 - Competitors and similar companies to WeFact
Expensify
HQ: United States
Website
- Description: Provider of online expense management services for businesses, from solopreneurs and startups to SMBs, mid-market companies, and enterprises. Offers the Expensify Card, a corporate card integrated with its platform; SmartScan to automatically transcribe receipt details; realtime expense reports that automate receipt processing through approval and reimbursement; and Karma Points, where purchases with the Expensify Card lead to donations to various causes.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
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Rollbox
HQ: Spain
Website
- Description: Provider of an API payroll engine.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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Brightflag
HQ: United States
Website
- Description: Provider of legal technology for corporate legal teams, offering legal spend and matter management, AI-powered legal bill review, and software for legal operations, departments, and general counsel to track and control expenses, streamline workflows, centralize matter tracking, enhance collaboration with outside counsel, and provide data-driven insights, spend control, and reporting.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
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MyWorkpapers
HQ: Australia
Website
- Description: Provider of cloud software for auditors, bookkeepers, accountants, and businesses. Offers MyWorkpapers Practice, a cloud platform with unlimited authorized users to manage and track client job files for compliance and efficiency, and Practice Lite for up to 5 users with restricted roles and limited templates. Provides implementation and training via client success plans, public/private online, and on-site workshops.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full MyWorkpapers company profile →
Order2Cash
HQ: United States
Website
- Description: Provider of a single platform to manage the entire order-to-cash cycle, including AI-powered accounts receivable automation, cash application, and automated collections. Offers global interoperability and open network connectivity with 70+ B2B/B2G e-invoicing networks to deliver compliant, secure e-invoicing across multiple markets for buyers and suppliers.
- Rationale: This competitor operates in a highly similar market segment with overlapping features.
- Company type: Private company
- Employees: ●●●●●
- Total funding raised: $●●●m
- Backers: ●●●●●●●●●●
- Acquisitions: ●●
View full Order2Cash company profile →
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2.M&A buyers
2.1 Potential strategic acquirers in the sector
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2.2 - Strategic buyer groups for WeFact
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Buyer group 2: ████████ ████████
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Buyer group 3: ████████ ████████
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Key Products: ████████, ████████, ████████, ████████
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3. Investors and private equity firms
3.1 - Buyout funds investing in similar companies to WeFact
2.2 - Growth funds investing in similar companies to WeFact
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4 - Top valuation comps for WeFact
4.2 - Public trading comparable groups for WeFact
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