UnifiedPost
Founded Year
2001Stage
PIPE | IPOTotal Raised
$60.86MMarket Cap
0.15BStock Price
2.72About UnifiedPost
UnifiedPost provides technology and services that enable the optimization of business processes across a variety of markets and industries. The company's solutions power customers across a wide range of markets and industry verticals – from banks to insurance, media, utility, travel companies, and more. It was founded in 2001 and is based in La Hulpe, Belgium.
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UnifiedPost's Product Videos
Latest UnifiedPost News
Aug 24, 2023
Unifiedpost : Saudi Arabia's latest electronic invoicing announcement 5-day change Today at 12:08 pm Share Saudi Arabia continues with announcements of additional waves as part of the country's tax and electronic invoicing mandates. Discover the new waves, as well as the country's existing mandates. Saudi Arabia's existing mandates - Phase 1 In December 2020, Saudi Arabia's tax authority (Zakat, Tax and Customs Authority - ZATCA) announced new electronic invoicing regulations via a two phase approach. The first phase, called the "Generation Phase", stated that businesses must be able to issue and receive electronic invoices by December 2021. From December 2021, businesses were not able to use manual invoices and could only use a compatible e-invoicing system that had the ability to store and archive all invoices. The second phase of Saudi Arabia's regulations, known as the "Integration Phase", launched on the 1st of January 2023 in a staggered approach. Within this phase, businesses must integrate their compatible e-invoicing system to ZATCA's platform FATOORA, using ZATCA's own API. This particular phase has several waves in itself, all based on the company's 2021 or 2022 taxable turnover: Wave 1 - January 2023 to June 2023 - Exceeding 3 billion SAR (approximately 800 million USD) in 2021 Wave 2 - July 2023 to December 2023 - Exceeding 0.5 billion SAR in 2021 Wave 3 - October 2023 to January 2024 - Exceeding 250 million SAR (for years 2021 or 2022) Wave 4 - November 2023 to February 2024 - Exceeding 150 million SAR (for years 2021 or 2022) Wave 5 - December 2023 to March 2024 - Exceeding 100 million SAR (for years 2021 or 2022) Wave 6 - January 2024 to April 2024 - Exceeding 70 million SAR (for years 2021 or 2022) Wave 7 - February 2024 to May 2024 - Exceeding 50 million SAR (for years 2021 or 2022) Wave 8 - March 2024 - Exceeding 40 million SAR (for years 2021 or 2022) Within Saudi Arabia's regulations, all tax invoices are part of the clearance model, meaning the invoice must be cleared before it can be submitted to the end recipient. Within this phase, businesses must only generate electronic invoices in an XML or PDF/A-3 format.
UnifiedPost Frequently Asked Questions (FAQ)
When was UnifiedPost founded?
UnifiedPost was founded in 2001.
Where is UnifiedPost's headquarters?
UnifiedPost's headquarters is located at Avenue Reine Astrid 92A, Wallonne.
What is UnifiedPost's latest funding round?
UnifiedPost's latest funding round is PIPE.
How much did UnifiedPost raise?
UnifiedPost raised a total of $60.86M.
Who are the investors of UnifiedPost?
Investors of UnifiedPost include Alychlo, PE Group, SmartFin Capital, Cytindus and Nimbus.
Who are UnifiedPost's competitors?
Competitors of UnifiedPost include POM and 3 more.
- Predict emerging trends
- See competitors' playbooks
- Stalk the smart money
- Identify tomorrow's challengers
- Spot growing industries
- Kill analyst data work
Compare UnifiedPost to Competitors
Qvalia improves and automates financial processes by offering software solutions that provide complete automation capabilities in accounts payable, accounts receivable, and transactional accounting for organizations of all sizes. The result is increased efficiency, reduced costs, and improved control throughout the transaction management process.
Digiteal develops alternatives in the field of electronic invoicing and payments. Digiteal is an open platform dedicated to those who want to manage all actions related to invoicing from one place.
Twikey makes the set-up and processing of direct debits easy and fast for every party involved. The company collaborates with banks, ERP and CRM software providers to enable e-mandates for your organizations. Twikey meets the highest electronic banking requirements existing.
Vic.ai is an artificial intelligence (AI) platform for accounting firms and enterprise finance departments. It develops artificially intelligent accounting software that automates accounting and uses data to offer insightful analysis and advice. It serves professional services, real estate, insurance, education, and hospitality industries. It was founded in 2017 and is based in New York, New York.
Innovation Centric Group provides various solutions for Oil and Gas companies. The company's ALTO Suite of hosted solutions offers accounting, expense tracking, procurement and production processes for the oil and gas industry.
Link4 Cloud is an add-on for cloud accounting software that allows businesses to exchange invoices on the cloud instantly. It enables businesses to send invoices directly to their clients' accounting systems. It was founded in 2016 and is based in Adelaide, Australia.
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