Self Invoice
The Challenge
Managing payments to a growing number of micro-influencers presents significant logistical and compliance challenges. Many influencers lack formal business entities, making it challenging for companies to receive proper invoices that meet accounting and tax regulations. This process often leads to delays, manual work, and increased administrative costs for brands and agencies.
Beyond compliance, chasing influencers for missing payment details or incomplete invoices further complicates the process, creating inefficiencies and frustrations on both sides.
The Solution
To address these challenges, we developed a Self-Invoicing Platform designed to simplify and automate influencer payments. Here’s how it works:
- Complete Invoices: The platform generates ready-to-use invoices that include pre-defined services and prices. Influencers only need to provide their payment details, ensuring every invoice is complete and compliant.
- Hassle-Free Compliance: The platform is built to adhere to Norwegian tax regulations, ensuring every invoice generated meets legal requirements.
The result is a streamlined workflow that benefits both brands and influencers:
- Influencers can easily generate compliant invoices without needing formal business entities.
- Brands save time and reduce errors by receiving ready-to-process invoices.
Results
While this platform is yet to launch officially, its predecessor has already proven its value. Wildfire, a platform for connecting brands with influencers, has been used to manage hundreds of payments efficiently. This early success demonstrates the potential of the self-invoicing platform to address widespread industry challenges, improve compliance, and reduce administrative burdens for brands working with micro-influencers.