Acentio A/S

What Acentio A/S does

Acentio A/S is a Scandinavian Procure-to-Pay (P2P) software company founded in 2009 and headquartered in Copenhagen, Denmark, with operating subsidiaries in Vejle (Denmark), Drammen (Norway), Málaga (Spain), and Warsaw (Poland). The company serves more than 3,000 public and private organizations across the Nordics, processing approximately 99B DKK in annual invoice volume and supporting 349,000 unique annual user logins with a documented auto-approval rate above 81%. Its product portfolio comprises three core platforms: Acentio 360 (end-to-end P2P covering contract management, procurement, 3-way matching, and ERP integration), Acentio Truetrade (a public-sector procurement platform purpose-built for Danish and Norwegian municipalities with decentralized ordering and audit-grade compliance), and Acentio Biz (an integration platform for compliant electronic document exchange across NemHandel, PEPPOL, and VANS networks). An ML-driven add-on, Acentio Redact, performs NER-based redaction of personal data in invoices for GDPR-compliant analytics and ESG reporting. Acentio 360 is modular, with dedicated Contract Management, Procurement, Invoice Workflow, and Analysis modules, and Truetrade includes an internal marketplace supporting circular-economy reuse among municipalities.

Acentio monetizes through a mix of subscription and usage-based revenue streams. Acentio 360 and Truetrade are sold via quote-based annual enterprise subscriptions (pricing not publicly disclosed), while Acentio Biz operates on volume-tiered credit pricing for sending invoices (4.50 DKK down to 2.15 DKK per credit at 50,000+ volumes), quarterly receiving subscriptions (0.70 DKK per received invoice), volume-tiered order-receiving fees, and one-time integration setup fees (e.g., 1,000 DKK for EAN, 2,500 DKK for FTP/SFTP). Redact is priced at €0.07 per invoice plus setup. Go-to-market is primarily direct enterprise sales targeting organizations with complex ERP landscapes and high compliance demands, supplemented by an active customer community (KUG-E for Truetrade), annual events (ERFA Customer Day), and a software partner program offering API, white-label, and OEM integration for ERP vendors and accounting platforms. Named customers include SATS (Nordic fitness chain), KAB Community (joint housing procurement saving 28M DKK), and multiple Norwegian municipalities including Randaberg (87% automatic matching in 6 months), Bodø, and Assens, with documented partnership co-selling through Xledger Norway and SDWorx.

The company is privately held with no disclosed institutional funding or parent company, and is believed to be founder/management-owned. It holds ISAE 3000 and ISAE 3402 assurance reports (issued without qualifications for the 2026 financial year), operates GDPR-compliant EU data residency, and aligns its control environment with ISO 27002:2022 and NIS2 requirements. Acentio is led by CEO Simon Clemen Hare, COO Thue Bøje Kjelstrøm, and Chief Product & Innovation Officer Thomas Martin Haugvik, with recent senior re-hires (Jakob Tikjøb Andersen, Oleksii Grytsenko, Lisbeth Grøn Paulsen) reinforcing product and engineering capacity. The company rebranded from Truelink to Acentio and continues to scale organically via channel partnerships, geographic expansion, and adjacent product extensions such as Redact.

Name

Acentio A/S

Legal name

Acentio A/S

Website

https://acentio.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Acentio A/S is a Copenhagen-based Procure-to-Pay SaaS company serving 3,000+ Nordic public sector and enterprise customers with contract management, e-invoicing, and document exchange platforms (Acentio 360, Truetrade, Acentio Biz) plus ML-based GDPR redaction.

Ownership category

akta.pro rank

Product category

Procure-to-Pay Software

NAICS

Software Publishers (5132), Computer Systems Design Services (541512)

SIC

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

akta.pro primary industry

Purchase-to-Pay (P2P) Operations (BPAAAJAA)

akta.pro secondary industries

Core ERP Suites (Financials, Procurement, Projects) (HDAEAEAA), Accounts Payable (Invoice Processing, 2/3-Way Match, Vendor Payments) (BPAAAGAA), ERP Implementation & Systems Integration Services (BPAEAGAA)

Keywords

• Procure-to-pay software
• Electronic invoicing platform
• Public procurement governance
• ERP invoice integration
• NemHandel PEPPOL exchange

Headquarters

HQ city

Copenhagen

HQ country

Denmark

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. SaaS Platform Subscriptions: Annual subscription fees for Acentio 360 and Truetrade platforms with modules for contract management, procurement, invoice automation, and ERP integration. Pricing not publicly disclosed - quote-based enterprise sales.
2. Document Exchange Credits (Acentio Biz): Volume-based credit system for sending electronic invoices. 1 credit per OIOXML/OIOUBL invoice, with tiered pricing from 4.50 DKK per credit (100-500) down to 2.15 DKK per credit (50,000+). Minimum purchase 100 credits.
3. Receiving Subscriptions: Quarterly subscription for receiving electronic invoices via EAN number at 0.70 DKK per received invoice with minimum 2,500 invoices per year (437.50 DKK per quarter).
4. Order Processing Fees: Volume-tiered pricing for receiving electronic orders from 4.50 DKK (1-500) down to 1.50 DKK (100,001+) per order, invoiced quarterly in arrears.
5. Implementation & Professional Services: Setup fees for EAN connections (1,000 DKK), FTP integrations (2,500 DKK), SFTP setups, and onboarding support services.

Pricing tiers

Go-to-market motion4 records

Distribution channels4 records

Marketing channels6 records

Core offering

Acentio A/S develops and sells a Procure-to-Pay (P2P) software platform portfolio covering contract management, catalog-driven procurement, 3-way invoice matching, automated approval workflows, and ERP integration for organizations with complex ERP landscapes and high compliance demands. It also delivers electronic document exchange infrastructure connecting ERP systems to the NemHandel, PEPPOL, and VANS networks, plus an ML-driven invoice redaction add-on for GDPR-compliant data sharing.

Product overview

Acentio A/S offers a platform-plus-modules architecture for Procure-to-Pay (P2P) solutions. The product portfolio consists of three core platforms: Acentio 360 (full P2P platform for contract management, procurement, automatic matching, invoice workflow, and ERP integration), Acentio Truetrade (specialized public procurement platform with contract governance, decentralized ordering, and compliant workflows), and Acentio Biz (integration platform for e-invoicing via NemHandel, Peppol, and VANS). The platforms share a unified architecture emphasizing governance, compliance, and operational reliability. Add-on capabilities include Acentio Redact (ML-powered invoice data redaction for GDPR compliance) and the KUG-E Community Portal for customer collaboration. Each core platform includes specific modules such as Contract Management, Procurement, Invoice Matching, and Analysis within Acentio 360, and Internal Marketplace within Truetrade.

Differentiator

Problem solved

Functional benefit

Brands

• Acentio 360: Complete P2P platform for contract management, procurement, automatic matching, invoice workflow, and ERP integration.
• Acentio Truetrade
• Acentio Biz
• Acentio Redact

Products and services

• Acentio 360

Quantifiable outcome

• Up to 82% of invoices auto-approved
• +4 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration13 records

AI capability5 records

Feature7 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Xledger NorwaycoreStrategic or Co-development Partner · 11 June 2026Collaboration where Xledger Norway brings three new Norwegian municipal customers to Acentio for contract management and procurement solutions. Mutual go-to-market collaboration in Norwegian municipal sector.
• SDWorxminorStrategic or Co-development Partner · 11 June 2026HR and payroll solutions partner mentioned alongside Xledger Norway for new Norwegian municipal customer collaborations.
• team.blue Denmark A/ScoreTechnology or IntegrationInfrastructure hosting partner operating Acentio's production environments in Danish data centers. Covered by independent ISAE 3402 assurance report for physical security, access management, and operational procedures.
• KUG-E CommunitycoreStrategic or Co-development PartnerCustomer Development Group for E-commerce - active Truetrade user community with steering group participation, roadmap influence, and regular meetings. Sorø Municipality recently joined steering group.
• ERP Software PartnerscoreTechnology or IntegrationPartnership with Microsoft (Dynamics NAV, AX/F&O, C5), Oracle, and Visma for ERP integrations. Supports file exchange, XML, SFTP, and web service integration options.
• TRACE (Green Procurement)minorStrategic or Co-development PartnerTRACE collaborates with POGI Lab to develop and test new green public procurement solutions. Acentio supports green procurement initiatives through their platform capabilities.
• POGI (Partnership for Green Public Procurement)minorStrategic or Co-development PartnerAcentio participates in POGI initiative with POGI Lab (green solution development) and POGI Move ( ecolabel requirements). Supports municipalities in meeting green procurement targets.

Scale indicators11 records

Recent moves8 records

Expansion highlights6 records

Market position

Competitive moat5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/acentio

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles18 records

Subsidiaries3 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 Acentio A/S