Skovik

Skovik builds expense management software. Founded in 2013 and headquartered in Stockholm, the company sells a single platform that automates expense reporting and management, using machine learning and other automation techniques to spare employees the administrative work of filing expenses while remaining flexible enough for complex organisations. The product is designed to enforce compliance alongside automation.

The Skovik expense management platform is used by hundreds of companies, which between them have processed millions of expenses. Its customers operate across more than 70 countries, and range from startups to large multinational corporations across a variety of industries. The service launched in January 2013 and has been in continuous use since.

Engineering work at Skovik concentrates on machine learning, automation, intelligent software and algorithms applied to expense management software. The stated aim of the product is to remove tedious administrative work and free up time for employees and finance teams. More detail on the company and its platform is available at skovik.com.