Fortnox vs Acumatica
Last updated October 2026
Looking for a European alternative to Acumatica? Here's how Fortnox compares, on EU hosting, GDPR and what it does.
Our pick for a European buyer: Fortnox. We weight data residency, GDPR and EU jurisdiction above everything else — that is the constraint this directory exists to solve.
What it is
Swedish cloud ERP for SMEs with invoicing, accounting and payroll
Cloud ERP for mid-sized businesses with financial, distribution, and CRM modules.
Headquarters
🇸🇪 SE
🇺🇸 US · 2007
EU data residency
Yes, for all customers
Available on some plansEU data residency available on request for Acumatica Cloud ERP.
DSGVO / GDPR
Yes
Yes
Certifications
ISO/IEC 27001:2017, PSD2
ISO 27001, SOC 1 Type II, SOC 2 Type II, PCI DSS
Price from
No
No
Free plan
No
No
Open Source
No
No
Integrations
Shopify, Shopify Plus, WooCommerce, Magento, Centra +32
Salesforce, Microsoft Dynamics 365, Shopify, HubSpot, QuickBooks +1
Where each one wins
Fortnox
Strengths
- +Comprehensive accounting, payroll, invoicing and financial management in one platform
- +400–500 third-party integrations and open API for e-commerce, banking and POS systems
- +Automated booking templates and structured workflows for day-to-day invoicing
- +Professional, feature-rich design valued by accounting professionals
- +Cloud-based with continuous backups and strong security
- +Extensive online training materials, knowledge base and certified partner network
- +Scalable for growing businesses with advanced module options
Limitations
- −Compounding add-on costs and mandatory fees like Fortnox Access or transaction charges
- −Frequent price increases and lack of transparent total cost of ownership
- −Platform slowness, latency and minor recurring interface bugs
- −Steep learning curve for beginners and sole proprietors
- −Long support wait times, ticket backlogs and limited weekend availability
Acumatica
Strengths
- +Strong financial and distribution modules
- +Highly customizable workflows
- +Robust compliance and security certifications
- +Scalable for growing businesses
Limitations
- −Steep learning curve for new users
- −Complex setup and configuration
- −Limited built-in reporting tools
- −Higher cost for advanced features
Data residency & compliance
Fortnox
Acumatica
EU data residency
Yes, for all customers
Available on some plansEU data residency available on request for Acumatica Cloud ERP.
Transfer mechanism
Not required — data stays in the EU
not established
Sub-processors
not established
not established
Certifications
ISO/IEC 27001:2017, PSD2
ISO 27001, SOC 1 Type II, SOC 2 Type II, PCI DSS
Pricing
Fortnox
- Mini 209 SEK/month per 12-month agreement, billed monthlyBookkeeping · Receipts & Expenses · For solo entrepreneurs
- Liten 349 SEK/month per 12-month agreement, billed monthlyBookkeeping · Invoicing · Receipts & Expenses
- Mellan 490 SEK/month per 12-month agreement, billed monthlyBookkeeping · Invoicing · Simple Payroll
- Stor 710 SEK/month per 12-month agreement, billed monthlyBookkeeping · Invoicing · Integrations
- Mini+ 369 SEK/month per 12-month agreement, billed monthlyBookkeeping · Integrations · Receipts & Expenses
- Mellan+ 659 SEK/month per 12-month agreement, billed monthlyBookkeeping · Invoicing · Payroll
- Stor+ 919 SEK/month per 12-month agreement, billed monthlyBookkeeping · Invoicing · Payroll
- Platform Base Fee 9–199 SEK/month scaled by voucher volume over 12 months0 vouchers: 9 SEK/month · 1–99 vouchers: 29 SEK/month · 100–999 vouchers: 99 SEK/month
- Fortnox Enskild Firma 419 SEK/month per 12-month agreement, billed monthlyFor sole proprietors
- Fortnox Förening Bas 200 SEK/month per 12-month agreement, billed monthlyFor associations (basic)
- Fortnox för idrottsföreningar 149 SEK/month flat rate, any agreement lengthFor sports associations
- Stand-alone Integration License 189 SEK/month per monthUnlimited third-party connections via API
3-month agreements include a 15% surcharge. New businesses may qualify for 6 months free with promo code NYSTARTAD. 30-day money-back guarantee applies.
Acumatica
No published pricing we could verify.
Pricing is tailored and available on request.
Features
Fortnox
- Accounting & Financial Management
- Automated voucher generation and general ledger, Direct bank synchronization with transaction imports, Tax reporting (VAT) and electronic receipt reconciliation, OCR-based receipt and supplier invoice scanning with AI bookkeeping suggestions
- Invoicing & Sales
- Digital invoicing with recurring billing and multi-currency support, Quote and sales order creation with conversion to invoices, Multi-warehouse inventory management with FIFO calculations, Factoring and integrated credit assessment
- Payroll & Staff Management
- Payroll processing with automated salary calculation, Employee self-service for pay slips, attendance, and expenses, Mobile time tracking and project hour allocation, Automated Employer Declarations (AGI) to Swedish Tax Agency
- Platform & Compliance
- Voucher-based platform fee scaling with usage, Digital company mailbox compatible with Kivra, Integrated corporate payment cards with real-time receipt matching, Consolidated group accounting and intercompany eliminations
Acumatica
- Financial Management
- General ledger, Accounts payable and receivable, Multi-currency support, Tax management
- Distribution Management
- Inventory management, Order management, Procurement, Warehouse management
- Customer Relationship Management (CRM)
- Contact management, Opportunity tracking, Sales automation, Marketing automation
- System and Integration
- Role-based access control, Workflow automation, Customizable dashboards, API access
- Compliance and Security
- GDPR compliance, ISO 27001 certified, SOC 2 Type II certified, PCI DSS compliant