If you're looking for invoicing software for your business in Spain in 2026, chances are you've narrowed it down to one of these three: InvoSeal, Holded, or Quipu. All three cover electronic invoicing, but they're very different products in terms of approach, pricing, and maturity.
In this article, we do something unusual: a comparison written by one of the competitors (yes, we're InvoSeal) where we try to be radically honest. We point out where we're better, where we're not, and where the decision depends entirely on your specific situation.
Why? Because we believe a customer who chooses with real information stays longer and is more satisfied. And because we're tired of sponsored comparisons that say nothing useful.
Methodology
Before diving in, here's how we gathered the information:
- Pricing: checked directly on each product's official website (May 2026). Holded and Quipu prices may vary due to temporary promotions.
- Features: verified through public documentation and available trial versions.
- Regulatory compliance: based on current legislation — primarily RD 1007/2023 (VeriFactu Regulation) and RD 238/2026 (mandatory implementation timeline).
- User reviews: we reference data from public platforms (Trustpilot, Google Reviews) without cherry-picking.
We have not requested or received privileged information from Holded or Quipu. Everything here is publicly verifiable.
Pricing Comparison (May 2026)
Price is the first thing any freelancer or SME looks at. Here are the updated plans:
Holded
| Plan | Price/month (excl. VAT, annual billing) | Includes |
|---|---|---|
| Plus | €15 | Basic invoicing, expenses |
| Basic | €29 | + Treasury, accounting |
| Standard | €59 | + CRM, projects |
| Advanced | €99 | + Inventory, HR |
| Premium | €199 | + Multi-company, advanced API, premium support |
- Free trial: 14 days.
- VeriFactu included in all plans.
- Active promotion (May 2026): 50% off the first 3 months.
- Paid add-ons: inventory (€25/month), payroll (€5/employee/month), SII (from €30/month), premium support (€50/month).
Quipu (TeamSystem Quipu)
| Plan | Price/month (excl. VAT, annual billing) | Monthly price | Includes |
|---|---|---|---|
| Starter | €14 | €17 | Basic invoicing, expenses |
| Solution | €25 | €30 | + Accounting, taxes |
| Premium | €49 | €59 | + Integrated tax advisory |
- Free trial available.
- Active promotion (May 2026): 50% off the first 3 months.
- Add-ons: extra users (€5/user/month), extra bank accounts (€5/account/month), advisory (from €80/month).
- Quipu was acquired by TeamSystem (Italian group) in 2022; some users report interface and pricing changes since then.
InvoSeal
| Plan | Price/month (excl. VAT) | Includes |
|---|---|---|
| Freelancer | €9.90 | Full invoicing, VeriFactu, public verification |
| Professional | €19.90 | + Unlimited clients, multilingual, reports |
| Business | €39.90 | + Multi-company, API, priority support |
- Free trial: 14 days, no credit card required.
- VeriFactu native in all plans.
- Interface available in Spanish, English, and German.
Pricing Verdict
Holded starts at €15/month and Quipu at €14/month (annual billing), but costs escalate quickly if you need CRM, inventory, or HR: with Holded, that means €99/month plus paid add-ons. InvoSeal is more affordable across all tiers because it doesn't try to be a full ERP — it focuses exclusively on invoicing and compliance.
Watch out for promos: both Holded and Quipu offer 50% off the first 3 months. The real prices are the ones in the table, not the promotional ones.
Being honest here: if you need an ERP covering accounting, inventory, HR, and CRM in a single platform, Holded offers more features for the price of its Advanced or Premium plan. InvoSeal doesn't compete in that space: we do one thing and we do it well.
Regulatory Compliance: RD 1007/2023 and VeriFactu
This is arguably the most important factor in 2026. Royal Decree 1007/2023 establishes the technical requirements for Invoicing Information Systems (SIF), and RD 238/2026 sets the mandatory implementation timeline.
What does the regulation require?
- All invoicing software must generate billing records with chained hashing (guaranteed integrity).
- There must be the capability for automatic submission to AEAT (the Spanish Tax Agency) — this is the VeriFactu system.
- Records must be immutable once generated.
- The software must include a manufacturer's responsible declaration.
How does each product comply?
| Requirement | InvoSeal | Holded | Quipu |
|---|---|---|---|
| SHA-256 chained hashing | ✅ Native | ✅ Yes | ✅ Yes |
| Automatic AEAT submission (VeriFactu) | ✅ Native, no external integrator | ✅ Included in all plans | ✅ In development / partial |
| Immutable records | ✅ | ✅ | ✅ |
| Manufacturer's responsible declaration | ✅ Published | ✅ Published | ✅ Published |
| Public invoice verification portal | ✅ verificar.invoseal.es | ❌ Not available | ❌ Not available |
The important nuance
All three tools comply with (or are in the process of complying with) the basic requirements of RD 1007/2023. The difference lies in how they do it:
InvoSeal was designed from scratch with VeriFactu as an architectural requirement, not a later update. This means you don't need an external integrator or middleware: AEAT submission is native. Additionally, we offer a public verification portal (verificar.invoseal.es) where any invoice recipient can verify authenticity using a QR code.
Holded has incorporated VeriFactu solidly across all plans. As a larger platform with more development resources, their implementation is robust. It's a good choice if you already use Holded as your ERP.
Quipu is in the process of adaptation. As part of TeamSystem (Italian group), development priority is split across multiple European markets. Some users have reported that VeriFactu implementation has been slower than expected.
Being honest here: Holded has a solid VeriFactu implementation backed by a large development team. We won't claim ours is "better" in absolute terms. Our advantage is that VeriFactu is the center of our product, not an added module. If your top priority is regulatory compliance above all else, that architectural difference matters.
Core Features
Invoicing
All three platforms cover the essentials: creating invoices, sending them by email, managing payments, and generating series.
| Feature | InvoSeal | Holded | Quipu |
|---|---|---|---|
| Invoices & quotes | ✅ | ✅ | ✅ |
| Recurring invoices | ✅ | ✅ | ✅ |
| Expenses & receipts (OCR) | ✅ Basic | ✅ Advanced | ✅ Advanced |
| Integrated accounting | ❌ | ✅ | ✅ |
| CRM | ❌ | ✅ (from Standard) | ❌ |
| Inventory | ❌ | ✅ (from Advanced) | ❌ |
| HR / Payroll | ❌ | ✅ (from Advanced) | ❌ |
| Projects | ❌ | ✅ (from Standard) | ❌ |
Being honest here: if you need integrated accounting, CRM, inventory, or HR, Holded wins clearly. It's a complete ERP. Quipu also offers integrated accounting with direct advisor connectivity. InvoSeal doesn't have and doesn't aspire to have those features. Our product is a specialized invoicing system with native regulatory compliance.
The question you should ask yourself: do you need an ERP that does everything, or an invoicing tool that does one thing exceptionally well?
Multilingual Support
| Language | InvoSeal | Holded | Quipu |
|---|---|---|---|
| Spanish | ✅ App + support + invoices | ✅ App + support + invoices | ✅ App + support + invoices |
| English | ✅ App + support + invoices | ✅ Partial (invoices yes, app partial) | ✅ Partial |
| German | ✅ App + support + invoices | ❌ | ❌ |
Why does German matter?
Spain has a significant German-speaking business community: companies with subsidiaries, German freelancers residing in Spain, bilateral Spain-Germany trade. These businesses need to issue invoices that comply with Spanish regulations (VeriFactu) but with a German-language interface and documentation.
Until now, the only real option was to adapt generic tools or use German software that doesn't comply with Spanish regulations. InvoSeal covers this niche natively.
Being honest here: the German market in Spain is a niche. If your company operates exclusively in Spanish and has no connection to the German-speaking market, this advantage doesn't affect you. But if you're in that niche, there's no real alternative in the Spanish market.
Integrations and Ecosystem
| Integration | InvoSeal | Holded | Quipu |
|---|---|---|---|
| Banks (Open Banking) | In development | ✅ Extensive | ✅ Yes |
| Stripe | ✅ | ✅ | ✅ |
| PayPal | In development | ✅ | ✅ |
| Zapier / Make | ✅ (via API) | ✅ Native | ✅ Partial |
| Public API | ✅ REST | ✅ REST | ✅ REST |
| App marketplace | ❌ | ✅ | ❌ |
Being honest here: Holded has the broadest integration ecosystem of the three, with extensive bank connections and a third-party app marketplace. Quipu has solid banking integrations thanks to its accounting focus. InvoSeal is building its integration ecosystem — Stripe works, the API is documented, but we don't have Holded's breadth. If you depend on banking integrations from day one, Holded or Quipu are more mature options.
Track Record and Company Background
Holded
- Founded 2016 in Barcelona.
- Significant funding round (Series B).
- Team of 200+ people.
- 200,000+ registered companies (self-reported).
- Mature product with 8 years of iteration.
- Trustpilot rating: ~4.1/5.
Quipu
- Founded 2015 in Barcelona.
- Acquired by TeamSystem (Italian group) in 2022.
- The acquisition brought resources but also changes in product direction and pricing policy.
- Strong in the freelancer and micro-SME segment.
- Some users have expressed concern about the TeamSystem integration and potential future changes.
InvoSeal
- Launched in 2025.
- Small team, founded by compliance and technology professionals.
- Young product in active development.
- Exclusive focus on invoicing and Spanish regulatory compliance.
- Direct support from the founder (professional compliance advisor).
Being honest here: Holded has an 8-year head start, a large team, and a product tested by hundreds of thousands of users. Quipu has 9 years and the backing of an international group. InvoSeal is the youngest of the three. If you prioritize a product with a long track record and a massive user base, Holded is the safer choice. But "more established" doesn't always mean "better for you" — it depends on what you need.
Customer Support
| Aspect | InvoSeal | Holded | Quipu |
|---|---|---|---|
| Live chat | ✅ | ✅ | ✅ |
| ✅ | ✅ | ✅ | |
| Phone | ✅ Direct | Plan-dependent | Plan-dependent |
| Knowledge base | ✅ | ✅ Extensive | ✅ |
| German-language support | ✅ | ❌ | ❌ |
| Compliance advisory included | ✅ (founder is a professional advisor) | ❌ (product, not advisory) | ✅ Partial (tax advisory in Premium plan) |
Being honest here: Holded has an enormous knowledge base and a large support team, meaning generally good response times. Quipu offers integrated tax advisory in their Premium plan, which is valuable if you don't have an advisor. InvoSeal offers something different: direct support from the founder, who is a professional compliance advisor. This means deeper answers on compliance topics, but a smaller support team for general technical questions.
When Is Each Option Best?
Choose Holded if…
- You need a complete ERP (accounting + CRM + inventory + HR) in a single platform.
- Your company has more than 10 employees and needs project and team management.
- You want a broad integration ecosystem from day one.
- You prefer a product with 8 years of track record and hundreds of thousands of users.
- Your budget allows for a €59–€199/month plan for full functionality (plus paid add-ons).
Choose Quipu if…
- You're a freelancer or micro-SME and need basic invoicing + accounting at a good price.
- You want integrated tax advisory directly in the software (Premium plan).
- Your accountant already works with Quipu and direct advisor-client integration matters to you.
- You don't need advanced ERP features (inventory, CRM, HR).
Choose InvoSeal if…
- Your top priority is VeriFactu regulatory compliance and you want a system built from scratch for it.
- You need to invoice in German or your business operates in the Spanish-German sphere.
- You want a specialized, affordable invoicing tool without paying for ERP features you won't use.
- You value direct support from a compliance advisor rather than a chatbot or generalist support team.
- You want to offer your clients a public invoice verification portal (verificar.invoseal.es).
- You prefer supporting an independent Spanish product over platforms backed by venture capital or international groups.
Frequently Asked Questions
Is VeriFactu compliance mandatory in 2026?
RD 1007/2023 establishes the technical requirements and RD 238/2026 sets the implementation timeline. The obligation is being rolled out progressively. All freelancers and companies using invoicing software will need to use a compliant SIF before the established deadline. Consult your tax advisor for your specific timeline.
Can I migrate my data from Holded or Quipu to InvoSeal?
Yes. InvoSeal allows importing invoices and client data from CSV/Excel files. If you're coming from Holded or Quipu, you can export your data from those platforms and import it. The typical process takes less than an hour for a freelancer and a few hours for an SME with extensive history.
Does InvoSeal have accounting?
No. InvoSeal is a specialized invoicing system, not an ERP. If you need integrated accounting, Holded or Quipu are more suitable options. InvoSeal is designed for businesses that already have an external accountant or use other software for accounting and need a robust, compliant invoicing tool.
What if Holded or Quipu change their prices?
It's a real risk. Quipu has already modified its pricing structure following the TeamSystem acquisition. Holded has adjusted prices on several occasions. InvoSeal commits to maintaining stable pricing and providing at least 90 days' notice before any changes.
Can I use InvoSeal if my company is in Germany but invoices Spanish clients?
Yes, that's exactly what InvoSeal is designed for. The German-language interface, VeriFactu compliance, and documentation in all three languages make it the natural choice for German-speaking businesses that need to invoice in compliance with Spanish regulations.
Which offers the best value for money for a freelancer?
It depends on what you need. For pure invoicing with regulatory compliance, InvoSeal (€9.90/month) offers the best ratio. If you also need basic accounting, Quipu Starter (from €14/month) or Holded Plus (€15/month) are competitive options. None of the three is "bad" — the key is not paying for features you won't use.
Conclusion: Honesty as a Strategy
We're not going to end this article by claiming InvoSeal is "the best invoicing software on the market." It isn't, if what you're looking for is a complete ERP. Holded does far more than we do. Quipu has more years of experience and a consolidated user base.
What we are is a specialized invoicing system, designed from scratch for Spanish regulatory compliance, with real support in three languages and fair pricing for what it delivers.
If that fits what you need, try InvoSeal free for 14 days and decide for yourself. No commitment, no credit card, no tricks.
And if after trying it you decide that Holded or Quipu is a better fit for your situation, that's perfectly fine. What matters is that you choose based on real information, not empty marketing.
Last updated: May 2026. Pricing and features verified on each product's official website. If you spot any inaccurate data, write to us and we'll correct it.
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