Fortnox vs Vivid Business: Complete Comparison (2026)
An in-depth comparison of Fortnox and Vivid Business to help you choose the right tool for your business.
Last updated: November 2026
Fortnox
6.5/10
Swedish cloud accounting platform covering bookkeeping, invoicing, payroll, supplier invoice approval and reporting for small and mid-sized Swedish businesses and accounting firms.
Vivid Business
6.1/10
Vivid Business is a business account from Berlin-based Vivid Money for European freelancers and SMEs. It bundles cards, multi-currency accounts, invoicing, card acceptance and interest on idle cash.
Feature-by-Feature Comparison
| Feature | | |
|---|---|---|
| Scores | ||
| Overall Rating | 6.5/10 | 6.1/10 |
| Analytics | 5/10 | 4/10 |
| Compliance | 7/10 | 6/10 |
| Cost | 6/10 | 8/10 |
| Customization | 5/10 | 5/10 |
| Ease of Use | 7/10 | 7/10 |
| Integration | 8/10 | 6/10 |
| Scalability | 6/10 | 6/10 |
| Security | 6/10 | 6/10 |
| Support | 7/10 | 5/10 |
| Pricing | ||
| Free plan | No | Yes |
| Cheapest paid plan | SEK 238/mo Mini | €7/mo Basic |
| Estimated cost for 10 users | SEK 238/mo Mini | Free Free Start |
| Features | ||
| Financial Reporting | ||
| General Ledger | ||
| Payroll | ||
| Corporate Cards | ||
| Expense Management | ||
| Invoicing | ||
| Accountant Access | Not listed | |
| Accounts Payable | Not listed | |
| Budgeting and Forecasting | Not listed | |
| Multi-currency | Not listed | |
| Online Payments | Not listed | |
Fortnox vs Vivid Business cost by team size
| Team size | Fortnox | Vivid Business |
|---|---|---|
| 1 user | SEK 238/moMini | FreeFree Start |
| 5 users | SEK 238/moMini | FreeFree Start |
| 10 users | SEK 238/moMini | FreeFree Start |
| 25 users | SEK 238/moMini | FreeFree Start |
| 50 users | SEK 238/moMini | FreeFree Start |
The plan that fits each team size, billed monthly, before add-ons and usage charges. Each cost opens that tool's pricing calculator for the team size.
Which One Should You Choose?
Why choose Fortnox
- Higher Integration score (8/10 vs 6/10)
- Higher Support score (7/10 vs 5/10)
- Includes Financial Reporting, which Vivid Business lacks
- Includes General Ledger, which Vivid Business lacks
- Includes Payroll, which Vivid Business lacks
Why choose Vivid Business
- Has a free plan (Fortnox does not)
- Higher Cost score (8/10 vs 6/10)
Pros & Cons
Fortnox
Pros
- More than 500 integrations, and one 189 kr licence covers all of them.
- A single platform covers bookkeeping, invoicing, payroll, supplier invoice approval, payments and a company card, which suits Swedish SMEs.
- Accounting firms get a dedicated bureau package for working in their clients' books.
- New companies get six months free, and every new subscription has a 30-day open purchase period.
- Trustpilot and Shopify app reviewers frequently praise customer service and sync reliability.
Cons
- Usage fees for invoices, paid employees and interpretations, plus an Access fee that scales with activity, make total cost hard to predict.
- Three-month agreements cost 15 percent more than the 12-month list prices.
- The product is Swedish-focused, and users have asked for an English interface.
- Some users call the reporting tools dated and say neobank integrations such as Revolut are missing.
Vivid Business
Pros
- A free plan with unlimited team members and free virtual and physical cards keeps entry costs low.
- Promotional interest of 4% on EUR and 5% on USD and GBP, plus ongoing interest that rises on higher tiers.
- Invoicing, accounting integrations including DATEV, and a travel tool are included on every plan.
- Unlimited sub-accounts with their own IBANs make cash budgeting simple.
- Enterprise tiers add approval flows with up to three steps, custom roles and budgets.
Cons
- It is not an accounting system: there is no ledger or financial statements, so bookkeeping software is still needed.
- Trustpilot reviewers in 2026 report business funds frozen for weeks with poor explanations.
- Approval flows, custom roles and budgets require Enterprise at 79 euros per month or more.
- A Luxembourg IBAN can be refused for some direct debits, and Vivid is an e-money institution rather than a bank.
- Outgoing international transfers are not available on the free plan, and SWIFT transfers cost up to 30 euros.
Not sold on either?
Frequently Asked Questions
Fortnox scores higher on our Finance Software criteria: 6.5/10 against 6.1/10 for Vivid Business. The largest gap is in Cost: 6/10 for Fortnox and 8/10 for Vivid Business.
Vivid Business has a free plan; Fortnox does not list one.
Fortnox has Financial Reporting, General Ledger and Payroll, which Vivid Business lacks.
