What Vieri does

Vieri AS is a Norwegian cloud-based procurement platform founded in 2017 and headquartered in Oslo (operational) with a secondary office in Stavanger. The company operates a modular source-to-pay suite composed of five integrated products: Vieri Ordering (self-service procurement app for end users), Vieri Supplier Portal (free catalogue and order-management tool for suppliers), Vieri Catalog (e-catalog validation and PEPPOL-compliant distribution), Vieri Procure-to-Pay (3-way matching and ERP-integrated invoice automation), and Vieri Connect (DFØ-approved PEPPOL access point for EHF document exchange). The platform is built on PEPPOL/EHF standards, hosted on Microsoft Azure in the EU/EEA, and integrates with the major Nordic ERP systems (SAP, Visma, Xledger, Unit4, Tripletex, PowerOffice, Dynamics 365, Oracle NetSuite) via REST/GraphQL APIs. Vieri has been a first mover in applying MCP (Model Context Protocol) to procurement, enabling Claude, ChatGPT, and Microsoft Copilot to search, order, and approve purchases via natural language while preserving approval workflows, budget controls, and audit trails.

Vieri generates revenue through subscription-based SaaS contracts with quote-based pricing tied to organization size, procurement volume, and module selection, sold through a combination of field sales for enterprise accounts and inside sales for mid-market, supplemented by a 14-day free trial and an ROI calculator. Customers span construction and engineering (Skanska, Hæhre, Mesta), real estate and hospitality (Olav Thon Gruppen), automotive and manufacturing (Porsche Norway), public sector and municipalities (Asker kommune), and textiles (Nor Tekstil), with a partner logo set including Bayer, Wenaas, Philips, Optimera, and Blåkläder. The Supplier Portal is offered free of charge to suppliers, monetizing only the buyer side while building network density — Vieri reports 400+ suppliers connected, 10,000+ active users, and €1bn+ in annual procurement volume flowing through the platform, with Vieri Connect handling 500,000+ transactions per month at 99.99% uptime and 100+ customers.

Strategic positioning centers on three reinforcing moats: a regulatory credential as a DFØ-approved PEPPOL access point registered in ELMA (mandatory for Norwegian public sector e-invoicing), deep ERP integration coverage across the Nordic installed base, and AI-native procurement via MCP integration. The company has expanded into Sweden via a December 2024 partnership with Inexchange and extended into ESG/sustainability reporting through an Ignite integration for CSRD compliance. Eco-Lighthouse certification (May 2025) further supports enterprise sustainability positioning. Vieri AS is privately held, with no disclosed external funding rounds, suggesting a bootstrapped or founder-owned capital structure.

Name

Vieri

Legal name

Vieri AS

Website

https://vieri.no

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1–10 employees

Short description

Vieri is a Norwegian cloud-based procurement platform offering modular source-to-pay products — ordering, supplier portal, catalog, P2P, and PEPPOL access. It serves Nordic enterprises and public sector organizations, handling over €1bn in annual procurement volume.

Ownership category

akta.pro rank

Product category

Procurement Software

NAICS

Software Publishers (513210), Software Publishers (5132), Computer Systems Design and Related Services (54151)

SIC

Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Procurement & Strategic Sourcing (BPAHAHAB)

akta.pro secondary industry

Vendor & Contract Management (Software/Cloud) (BPAEAOAD)

Keywords

• Procurement management software
• Electronic invoicing solutions
• PEPPOL access point
• Supplier catalog management
• Procure-to-pay platform

Headquarters

HQ city

Stavanger

HQ country

Norway

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Infrastructure, Operations, Marketing or Sales

Revenue model

1. SaaS Subscription: Subscription-based pricing model for platform access. Organizations pay based on their usage scale. 14-day free trial available for evaluation. Billing occurs monthly or annually with multi-year contract options. Fee schedule available through authorized partners.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Vieri provides a modular cloud-based procurement platform covering the full source-to-pay cycle for Nordic organizations. The platform unifies self-service ordering, supplier catalogue management, automated 3-way invoice matching, ERP integration, and a DFØ-approved PEPPOL/EHF access point, enabling organizations to consolidate fragmented purchasing into a single system with contract compliance, budget control, and AI-powered procurement.

Product overview

Vieri is a modular procurement platform offering five integrated products covering the full source-to-pay cycle: Vieri Ordering (self-service ordering for buyers), Vieri Supplier Portal (catalogue and order management for suppliers), Vieri Catalog (automated e-catalog validation and distribution), Vieri Procure-to-Pay (3-way invoice matching and ERP integration), and Vieri Connect (PEPPOL access point for EHF document exchange). The platform connects over 400 suppliers, handles €1bn+ annual procurement volume, and serves 10,000+ active users with DFØ government approval for Norwegian public sector use.

Differentiator

Problem solved

Functional benefit

Brands

• Vieri Ordering: Self-service ordering app for end users – search across all suppliers, add to cart from multiple stores, approval workflow.
• Vieri Supplier Portal
• Vieri Catalog
• Vieri Procure-to-Pay
• Vieri Connect

Products and services

• Vieri Ordering Self-service procurement ordering application enabling employees to search across 400+ suppliers and framework agreements, add items from multiple suppliers to a single cart, and route orders through automatic approval workflows based on configurable budget and amount thresholds. Mobile-friendly ordering and approval.
• Vieri Supplier Portal Platform for suppliers to upload and maintain product catalogues, receive orders digitally via EHF/PEPPOL, send order confirmations and delivery notifications, and manage invoicing. Over 200 suppliers actively use the portal; offered free of charge to buyer customers' suppliers.
• Vieri Catalog E-catalog management system providing automatic validation of catalogue data, PEPPOL-compliant distribution to connected procurement systems, and full price and assortment control for buyers and suppliers. Supports CSV, Excel, and PEPPOL format imports.
• Vieri Procure-to-Pay (P2P) Procure-to-pay engine covering the complete chain from order to payment: automatic coding to accounts, projects, and cost centres; 3-way matching of order, goods receipt, and invoice; exception handling for price/quantity variances; and seamless ERP integration.
• Vieri Connect DFØ-approved PEPPOL access point providing multichannel document routing (PEPPOL/EHF, EDI/EDIFACT, email, print & post), PDF-to-EHF invoice digitisation, and automatic ELMA lookup for routing documents to the correct channel. Handles 500K+ transactions per month with 99.99% uptime across 100+ customers.

Quantifiable outcome

• 10B+ NOK annual procurement volume handled through platform
• +10 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration19 records

AI capability5 records

Feature9 records

Partnerships

Nine partnerships are on record, tiered strategic, core and infrastructure.

• InexchangestrategicStrategic or Co-development Partner · 1 December 2024Partnership with Swedish Inexchange announced December 2024 to simplify supplier access across Nordic borders. Extends PEPPOL network reach to Swedish market for Vieri customers.
• SAPcoreTechnology or IntegrationPrebuilt integration to SAP S/4HANA and ECC via standard APIs (OData/REST). Supports both cloud and on-premise deployments. Data flows include master data synchronization (suppliers, materials, cost centres, projects) and transaction data (orders, goods receipts, invoices). Typical integration time 3-6 weeks.
• VismacoreTechnology or IntegrationDeep integration with Visma Business NXT, Net Visma, and Visma Global through Visma's open REST API. Vieri supports Visma's EHF flow for automatic PEPPOL/EHF invoice formatting. Particularly strong integration for SMB and mid-market customers with under two week deployment typical.
• XledgercoreTechnology or IntegrationIntegration via Xledger's GraphQL API supporting advanced group functionality including multiple companies, currencies, and intercompany invoicing. Master data synchronized automatically with complete coding for finalization.
• Unit4coreTechnology or IntegrationPrebuilt integration to Unit4 REST API supporting complex account structures typical for municipalities and universities including projects, cost centres, VAT codes, funds, and analysis dimensions.
• IgnitestrategicTechnology or IntegrationPrebuilt integration between Vieri and Ignite for spend analytics and ESG reporting. Ignite provides advanced dashboards, sustainability data per supplier (for CSRD reporting), benchmarking, and consolidated spend reporting. Procurement data flows automatically from Vieri into Ignite.
• MicrosoftinfrastructureTechnology or IntegrationPublic cloud hosting via Microsoft Azure (Microsoft Ireland Operations Ltd). Infrastructure subprocessor for Vieri Supplier Portal and Vieri Insight services. EU/EEA data storage.
• AnthropicstrategicTechnology or IntegrationMCP (Model Context Protocol) integration partner. Vieri is the first Nordic procurement system with MCP, enabling Claude AI assistant to search, order, and manage procurement via natural language.
• OpenPeppolcoreTechnology or IntegrationVieri is a certified PEPPOL access point operating under OpenPeppol's framework. Enables document exchange with 40+ countries across the PEPPOL network.

Scale indicators10 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Pagero: Swedish-headquartered PEPPOL access point operator and e-invoicing/procurement network provider. Most direct comparable to Vieri Connect on PEPPOL/EHF document exchange and competes for the same Nordic enterprise and public sector buyers.
• Basware: Finnish AP automation, e-invoicing, and procurement platform with deep Nordic enterprise penetration. Directly competes with Vieri Procure-to-Pay on invoice matching, ERP integration, and financial workflow automation.
• Medius: Nordic-headquartered AP automation and procurement workflow vendor. Overlaps with Vieri's P2P and invoice-matching modules and targets similar mid-market and enterprise customers in the Nordics and broader Europe.
• OpusCapita: Finnish-origin e-invoicing and financial process automation provider (now part of Pagero Group). Competes directly with Vieri Connect on PEPPOL/EHF connectivity and with P2P on invoice automation.
• Inexchange: Swedish e-invoicing network and PEPPOL access point operator. Already a Vieri strategic partner (announced Dec 2024) but also a competitor for Nordic PEPPOL connectivity, particularly across Sweden.

Broad incumbents

• SAP Ariba: Global procurement and source-to-pay platform from SAP. Competes for the same enterprise procurement budget that Vieri targets, with a much broader product portfolio and global footprint; competes with Vieri's SAP integration dependency.
• Coupa: Global business spend management (BSM) platform covering procurement, invoicing, and expense management. Targets enterprise customers with cross-category spend management; competes with Vieri on full P2P.
• Ivalua: Global source-to-pay platform with strong European presence. Targets large enterprises with comprehensive procurement suites, overlapping with Vieri's full-stack positioning for multinationals like Porsche and Bayer.
• Visma: Nordic ERP, accounting, and business software incumbent. A core Vieri integration partner but also a competitor via its own procurement and e-invoicing modules; dominant in the SMB and mid-market segments Vieri also targets.

Regional players

• Proactima: Norwegian procurement, sourcing, and supply chain consultancy. Targets the same Norwegian enterprise and public-sector buyers as Vieri but on the consulting/services side rather than SaaS — a complementary and occasionally competing relationship.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Vieri