What Visma Software Nordic does

Visma Software Nordic is a Norwegian enterprise software vendor that develops and sells cloud-based ERP, payroll, HR, project management, and reporting systems to Norwegian SMBs, mid-market firms, and enterprises. Its core product portfolio is built around Business NXT (cloud ERP for larger businesses, the successor to the legacy Visma Business), Visma Net (cloud ERP for mid-sized companies), Contracting NXT (vertical cloud ERP for trade/contractor businesses), Payroll (cloud payroll with mobile payslip access), Dottie HR (HR module integrated with Payroll), OneStop Reporting (reporting attached to the cloud ERPs), and Severa (project management for hours-selling businesses). Legacy on-premises products — Visma Business, Visma Global, and Visma Contracting — are being phased out in favor of their cloud successors. The technology stack combines cloud-native ERP architecture with an open API/ISV partner program and emerging AI capabilities including AI agents in Business NXT, generative AI integrations using Anthropic Claude, Model Context Protocol (MCP) connectivity, and AI Connect for automated workflows.

The company generates revenue primarily through recurring subscriptions on its cloud ERP, payroll, HR, and reporting products, supplemented by professional services delivered through implementation partners. Sales and deployment are executed almost entirely through a certified partner network — including ECIT Capstone, Azets, Cloud Connection, and ERP advisor firms — with direct support provided by internal teams and an AI chatbot available 24/7. Key customer segments include small and medium-sized businesses, accounting firms (BDO, PwC Accounting, Azets, TMF Group, Skatt og Regnskap), project-based businesses (Skarpe), construction and contracting firms (Aider), waste management operators (Senja Avfall IKS), and mid-market enterprises in logistics (SR Group) and laboratory services (Båtsfjord Laboratorium). Visma Software Nordic operates as a subsidiary of Visma Group, a larger Nordic enterprise software conglomerate, with all operations currently based in Norway and headquartered in Oslo.

Name

Visma Software Nordic

Legal name

Visma Software Nordic

Website

https://vismasoftware.no

Company type

Private

Founded year

2000

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Visma Software Nordic provides cloud-based ERP, payroll, HR, and reporting software to Norwegian SMBs, mid-market, and enterprise customers through a certified partner network, anchored by the Business NXT and Visma Net platforms.

Ownership category

akta.pro rank

Product category

Enterprise Resource Planning (ERP) Software

NAICS

Software Publishers (513210)

SIC

Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Core ERP Suites (Financials, Procurement, Projects) (HDAEAEAA)

akta.pro secondary industry

Enterprise Application License Advisory, Vendor Management & Optimization (BPAEAGAO)

Keywords

• Cloud ERP software
• Payroll management systems
• Financial management software
• HR management software
• Business reporting tools

Headquarters

HQ city

Oslo

HQ country

Norway

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. ERP Software Subscriptions: Recurring subscription revenue from cloud-based ERP systems including Business NXT, Visma Net, Contracting NXT. Customers pay subscription fees for access to the software with automatic updates and cloud hosting included.
2. Payroll and HR Solutions: Subscription-based payroll and HR system revenue. Payroll provides payroll processing, payment and reporting as a cloud service.
3. Partner Services: Implementation and consulting services delivered through certified Visma partners who deploy and support the ERP solutions for end customers.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels9 records

Core offering

Visma Software Nordic develops and sells cloud-based enterprise software for Norwegian businesses, including the Business NXT and Visma Net ERP systems, the Contracting NXT vertical ERP for trade/contractor businesses, the Payroll cloud payroll system, the Dottie HR module, OneStop Reporting, and the Severa project management tool. Legacy on-premise products Visma Business, Visma Global, and Visma Contracting are still sold but are being phased out in favor of cloud successors. Implementation and consulting services are delivered via a certified partner network.

Product overview

Visma Software Nordic offers a portfolio of ERP, payroll, HR, and reporting solutions for Norwegian businesses. The core offering consists of two cloud-based ERP platforms — Business NXT (for larger enterprises) and Visma Net (for mid-market) — plus Contracting NXT (a vertical cloud ERP for trade/contractor businesses). Supporting products include Payroll (cloud payroll with mobile payslips), Dottie HR (HR system integrated with Payroll), OneStop Reporting (reporting attached to Business NXT and Visma Net), and Severa (cloud project management tool for project-based businesses). Visma Business and Visma Global are legacy on-premises/server-based ERP products being phased out in favor of cloud successors. The company also operates an API/ISV partner program for third-party integrations. The ecosystem is sold and delivered through Visma-certified partner channel.

Differentiator

Problem solved

Functional benefit

Products and services

• Business NXT A scalable and flexible cloud-based ERP system for larger businesses, covering finance, logistics, payroll, HR, reporting, project management, and advanced document handling. Adapts to business needs and grows with the company.
• Visma Net A Norwegian cloud-based ERP system for mid-sized businesses that automates and streamlines financial management processes, with logistics, project, and payroll modules.
• Contracting NXT A cloud-based ERP package for trade and contractor businesses, covering order management, project management, inventory control, finance, reporting and payroll in a single integrated solution.
• Payroll A web-based payroll system handling salary processing, payments, and reporting for payroll administrators and employees, with mobile payslip access. Offered as Payroll Byrå for accounting firms and Payroll HR for integrated HR functionality.
• Dottie HR An HR system tightly integrated with the Payroll payroll module, automating routine HR tasks and freeing time for strategic work. Offered as part of an all-inclusive HR and payroll package.
• OneStop Reporting A reporting system attached to the cloud ERP systems Business NXT and Visma Net, providing real-time insight and analytics into business data. Developed in collaboration with accounting firms.
• Severa A cloud-based project management tool covering the full project lifecycle from quotation to invoicing, with built-in time tracking, resource planning, and profitability tracking. Designed for project-based businesses that sell hours.
• Visma Business A legacy on-premises/web-based ERP system combining deep functionality with web solutions and mobile apps. Being phased out in favor of Business NXT (its cloud successor).
• Visma Global A Windows-based financial system for small and medium-sized businesses. Being phased out in favor of cloud ERP alternatives.
• Visma Contracting A legacy ERP solution for contracting/trade businesses covering the full workflow from quotes to invoicing. Being replaced by Contracting NXT.

Quantifiable outcome

• Up to 80% reduction in manual work
• +3 more outcomes

Named customers11 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability8 records

Feature9 records

Partnerships

Six partnerships are on record, tiered core, strategic and minor.

• ECIT CapstonecoreImplementation/ SI/ Consulting PartnerCertified implementation partner responsible for Business NXT deployments. ECIT Capstone supported SR Group's migration from Visma Business to Business NXT, acting as the key consultant in the transition process.
• AzetscoreImplementation/ SI/ Consulting PartnerDelivery partner that implemented Severa project management solution for Skarpe. One of many delivery partners supporting Visma customers through implementation processes.
• Cloud ConnectioncoreImplementation/ SI/ Consulting PartnerVisma partner with over 30 years of experience delivering ERP solutions. Created a customized reporting solution for the waste management industry in collaboration with Visma, specifically for Senja Avfall.
• ArribatecstrategicStrategic or Co-development PartnerStrategic partnership between Visma Software and Arribatec to enhance HRM offerings for Norwegian production and innovation companies.
• Visma Certified Partner NetworkcoreChannel Partner/ Reseller/ DistributorExtensive network of certified partners including ERP advisors, implementation consultants, and ISV developers. Partners can find customers, become certified, and access support resources.
• UNICEFminorOthersCorporate partnership for ESG and social responsibility initiatives. Visma Software Nordic has a UNICEF partnership as part of their ESG strategy.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Regional players

• PowerOffice: Norwegian cloud accounting and ERP platform serving SMBs and accounting firms. Same Norwegian market and same primary user persona as Visma Net and Payroll, so directly competitive regionally.
• Björn Lunden / BL System: Swedish-based accounting and ERP suite used by Nordic accounting bureaus and SMBs. Comparable regional player with overlapping accounting-firm and payroll positioning in the Nordic SMB market.

Direct peers

• Fortnox: Swedish cloud-based business platform for SMBs covering accounting, invoicing, payroll and ERP modules. Closest geographic and functional parallel in Scandinavia, competing for the same customer segments with a similar subscription model.
• Tripletex: Norwegian-headquartered cloud accounting, payroll, and ERP platform for SMBs and accounting firms. Same home market, same target buyer (regnskapsbyrå), so directly competitive on Norwegian ERP/mid-market deals.
• Unit4: European cloud ERP vendor focused on mid-market and people-centered service organizations. Directly comparable to Visma Software Nordic's Business NXT/Visma Net mid-market ERP positioning and recurring software model.

Broad incumbents

• Microsoft Dynamics 365 Business Central: Microsoft's mid-market cloud ERP offering, widely sold across the Nordics with localization partners. Functions as a broader portfolio ERP incumbent Visma Nordic competes against in Norwegian mid-market RFPs.
• IFS: Enterprise ERP/cloud software for asset-heavy, project-driven, and field-service industries. Comparable to Contracting NXT and Severa in targeting project-based and contracting verticals.
• SAP (Business One / S/4HANA Cloud): Global ERP leader whose Business One and S/4HANA Cloud editions compete for the Norwegian upper mid-market that Visma Software Nordic targets with Business NXT. Functions as the upper-end incumbent benchmark.
• Sage Group: UK-headquartered accounting and ERP software group with Sage Intacct and Sage Business Cloud. Comparable as a multi-country SMB/mid-market incumbent vendor competing for Norwegian accounting firms and SMBs.
• Oracle NetSuite: Cloud ERP for mid-market and growing enterprises. Competes for the upper end of Visma Nordic's Business NXT target segment with broader functional scale but lighter Nordic localization.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

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Revenue estimate

Valuation estimate

Number of profiles

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 Visma Software Nordic