Skovik

Name: Skovik
Brand: Skovik

Skovik: Expense reporting so innovative, it almost does itself

Skovik is a cloud-based travel expense and spend management software that automates reporting and reimbursement for medium and large enterprises.

BenchTrust Score:45/100

Independent B2B performance index (0–100 points). It is calculated mathematically and without subjective influence from four verified pillars: company stability, aggregated feedback from publicly available online sources, documented compliance certifications, and operational transparency. Comparable with other software providers.

BenchTrust Index weighting: Company stability 25 points · Customer reviews 30 points · Compliance & security 25 points · Transparency 20 points. Without reviews a neutral average is used; a few reviews move it only slightly

Review data basis: The evaluated platforms contain no reviews for this provider.

Overview

Skovik is a cloud-based travel expense and spend management software that automates reporting and reimbursement for medium and large enterprises. The platform scans photographed receipts, extracts relevant data, and assists finance teams with accounting. Additionally, the system ensures compliance with local regulations such as per diems and mileage allowances.

Core features

Automatic receipt capture via photo with data extractionCore

Creation of expense reports from receipts

Management of travel expense reimbursements

Mileage tracking and calculation

Per diem and allowance calculation

Enforcement of company policies and local compliance requirements

Support for accounting processes

Mobile app for submitting expenses on the go

Web platform for approvals and administration

Compliance & security

No verified certifications (such as ISO 27001 or SOC 2) are currently listed for this provider. Information about compliance with standards such as GoBD or GDPR may still be available.

Ask the AI assistant on this page for current compliance and security details. It researches live information from publicly available sources.

Contact the provider

skovik.com/de

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📰 News & community feedback

🚀 Product updates & press releases

Skovik has introduced comprehensive updates to its spend management platform to further optimize administrative processes in European companies. Enhanced automation features and deeper ERP integrations significantly increase efficiency in finance departments. In addition, country-specific compliance updates have been implemented, covering tax regulations in core markets such as Germany and Sweden. These innovations are specifically aimed at growth-oriented companies looking to digitalize their travel expense reporting and ensure legal compliance.

•Advanced OCR receipt scanning for faster and error-free automatic data capture of receipts.
•Seamless ERP interfaces to leading systems such as SAP and Microsoft Dynamics to accelerate data flow.
•Automated compliance adjustments to current tax regulations and per diem rates in Europe.
•Optimized mobile user interface for user-friendly expense reporting on the go.

Source: Publicly available product updates or press releases from Skovik.

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