Fortnox vs Microsoft Dynamics 365
Last updated October 2026
Looking for a European alternative to Microsoft Dynamics 365? 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-based CRM and ERP suite for sales, service, finance, and operations.
Headquarters
🇸🇪 SE
🇺🇸 US · 1975
EU data residency
Yes, for all customers
Available on some plansEU data residency is available for Dynamics 365 on request or via specific plans.
DSGVO / GDPR
Yes
Yes
Certifications
ISO/IEC 27001:2017, PSD2
ISO 27001
Price from
No
$50/user/mo
Free plan
No
No
Open Source
No
No
Integrations
Shopify, Shopify Plus, WooCommerce, Magento, Centra +32
Microsoft 365, Power BI, Azure, LinkedIn Sales Navigator, Outlook +4
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
Microsoft Dynamics 365
Strengths
- +Seamless integration with Microsoft ecosystem
- +Strong AI and analytics capabilities
- +Highly customizable with low-code tools
- +Scalable for large enterprises
Limitations
- −High cost for full suite deployment
- −Complex setup and configuration
- −Steep learning curve for admins
- −Limited flexibility for non-Microsoft integrations
Data residency & compliance
Fortnox
Microsoft Dynamics 365
EU data residency
Yes, for all customers
Available on some plansEU data residency is available for Dynamics 365 on request or via specific plans.
Transfer mechanism
Not required — data stays in the EU
Standard Contractual Clauses
Certifications
ISO/IEC 27001:2017, PSD2
ISO 27001
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.
Microsoft Dynamics 365
- Dynamics 365 Sales Professional $65 per user/monthFull sales force automation · Built-in intelligence · Billed annually
- Dynamics 365 Customer Service Professional $50 per user/monthOmnichannel customer service · Self-service portals · Billed annually
- Dynamics 365 Finance $180 per user/monthFinancial management · Global compliance · Billed annually
- Dynamics 365 Supply Chain Management $200 per user/monthEnd-to-end supply chain visibility · AI-driven demand forecasting · Billed annually
Pricing varies by module and region; enterprise plans may require custom quotes.
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
Microsoft Dynamics 365
- Customer Engagement
- Omnichannel customer service, AI-driven sales insights, Marketing automation, Case and knowledge management
- Finance and Operations
- Financial management and accounting, Supply chain management, Project management, Inventory and warehouse management
- Business Intelligence
- Power BI integration, Custom dashboards and reports, Predictive analytics, Real-time data visualization
- Integration and Extensibility
- Pre-built connectors for Microsoft 365, RESTful APIs for custom integrations, Azure Logic Apps support, Low-code/no-code customization