Siffer Systemer
Siffer Systemer is a Norwegian cloud-accounting SaaS founded in 2019 that serves micro-companies, sole proprietorships, clubs, associations, and accounting firms in the Nordics via PSD2 bank integration, AI receipt interpretation, and a freemium tiered subscription model.
- Company typePrivate
- Founded2019
- HeadquartersOslo, Norway
- Headcount1–10
- GTM typeB2B
- OfferingSoftware
What Siffer Systemer does
Siffer Systemer AS is a Norwegian cloud-accounting SaaS vendor founded in 2019 and headquartered at Stortingsgata 28 in Oslo. The product targets the bottom of the Norwegian market — micro-companies, sole proprietorships (ENK), holding companies, clubs and associations — that historically report annually and were over-served by legacy ASP and on-premise accounting platforms. Siffer's core architecture combines a single-tenant cloud accounting system with PSD2-based bank connectivity routed through aggregator Aiia, OCR-based receipt and document interpretation, automated transaction-to-invoice matching branded as Smart-KID, eFaktura and EHF invoicing, direct MVA-melding submission to Skatteetaten, and SAF-T export. A mobile app captures paper receipts in three clicks. Underlying technology components are largely off-the-shelf or third-party (Aiia for PSD2, BankID for authentication), with the proprietary layer concentrated in Smart-KID and the AI posting pipeline.
Siffer monetizes via a tiered subscription model priced in NOK: a free Faktura plan, Mikro at 49 NOK/month, Standard at 99 NOK/month, and Pluss at 199 NOK/month, with usage-based overage charges for postings and per-invoice eFaktura pricing. Add-ons include AI-kontering (paid AI posting on Pluss) and Skattemelding for ENK at 499 NOK/year. The go-to-market is product-led growth — self-serve signup with BankID, connect bank in minutes, free tier as the wedge — combined with a channel-partner program targeting Norwegian accounting firms (regnskapsbyråer), several of which became co-owners of the company in 2021. Customer segments split into three: small businesses and sole proprietors (primary), accounting firms (secondary), and clubs/associations (secondary). The product is localized into Norwegian, Danish, and Swedish. Revenue is not disclosed, the founding team remains small (CEO Håkon Kristiansen, Produktchef Just Heide, CTO Thomas Berger), and the company has no disclosed external venture funding.
Siffer Systemer firmographics
Firmographics- Name
- Siffer Systemer
- Legal name
- Siffer Systemer AS
- Website
- https://siffer.no
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Siffer Systemer is a Norwegian cloud-accounting SaaS founded in 2019 that serves micro-companies, sole proprietorships, clubs, associations, and accounting firms in the Nordics via PSD2 bank integration, AI receipt interpretation, and a freemium tiered subscription model.
- Ownership category
- akta.pro rank
Siffer Systemer industry classification
Industry- Product category
- Cloud Accounting Software
- NAICS
- Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Accounts Receivable (Invoicing, Cash Application, Deductions) (BPAAAGAB)
- akta.pro secondary industry
- Recurring Billing & Subscription Payments Enablement (FSAMACAF)
Keywords
Where Siffer Systemer is headquartered
LocationHeadquarters
- HQ city
- Oslo
- HQ country
- Norway
- HQ region
- Europe
Offices1 record
Markets served
Siffer Systemer business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations
Revenue model
- Subscription Plans (SaaS): Siffer operates a tiered subscription model with four plans: Faktura (free), Mikro (49 NOK/month), Standard (99 NOK/month), and Pluss (199 NOK/month). Each plan includes a fixed number of annual postings. Extra postings can be purchased as add-ons. Pricing is annual subscription with no binding period. Additional add-ons include tax return for sole proprietorships (ENK) at 499 NOK/year and SAF-T export.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Faktura (Free) — Invoice-only plan for businesses that primarily need to send invoices |
| Subscription | Monthly | Mikro (49 NOK/month) — Entry-level accounting plan for small accounts |
| Subscription | Monthly | Standard (99 NOK/month) — Mid-tier plan for efficient transaction management |
| Subscription | Monthly | Pluss (199 NOK/month) — Premium plan with full automation and AI-based posting |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Siffer Systemer product offering
Product offeringCore offering
Siffer Systemer AS provides a cloud-based accounting platform for Norwegian small businesses, sole proprietorships, holding companies, clubs, and associations, along with the accounting firms that serve them. The platform connects to all Norwegian banks via the PSD2 directive through Aiia, automates bank reconciliation and invoice-payment matching (Smart-KID) without requiring a KID agreement, applies AI to interpret receipts and vouchers, and supports eFaktura, EHF, MVA-melding, and SAF-T export. It is offered as a subscription SaaS with a free entry tier and three paid plans (Mikro, Standard, Pluss).
Product overview
Siffer Systemer offers a cloud-based accounting platform for small Norwegian companies, sole proprietorships, holding companies, clubs, and associations. The product architecture consists of the core Siffer Regnskapssystem (Siffer Accounting System) as the unified platform, supplemented by four subscription tiers (Faktura free, Mikro at NOK 49/month, Standard at NOK 99/month, and Pluss at NOK 199/month), two specialized sub-brands (Siffer for Regnskapsførere/Accountants and Siffer for Lag og Foreninger/Clubs & Associations), and add-on features including AI-kontering (AI Posting), Smart-KID (automatic payment matching), Oppgaveliste (Task List), and Skattemelding for ENK (tax return filing at NOK 499/year). Key platform capabilities include PSD2 bank integration via Aiia, automated posting suggestions, EHF/eFaktura invoicing, VAT returns to Skatteetaten, SAF-T export, and a mobile app for receipt capture. The platform is accessible via web browser with no installation required.
Differentiator
Problem solved
Functional benefit
Products and services
- Siffer Regnskapssystem Cloud-based accounting software for small Norwegian companies, sole proprietorships, holding companies, clubs, and associations. Offers PSD2 bank integration, automated posting suggestions, invoicing, VAT returns, SAF-T export, and real-time financial reports. Accessed via web browser with no installation required.
- Siffer for Lag og Foreninger (Clubs & Associations) Dedicated Siffer solution for clubs and associations covering daily financial operations. Includes eFaktura to members, automatic payment matching, bulk invoicing for member fees, and PSD2 bank integration. Designed for fast, low-cost financial management of voluntary organisations and sports clubs.
- Siffer for Regnskapsførere (Accountants) Accounting software adapted for Norwegian accountants (regnskapsførere) managing portfolios of small company clients. Includes fast posting from bank statements, document commenting, real-time reports, secure task list for chasing client documentation, multi-user collaboration at no extra cost, automatic backup, and free support.
- Siffer Mobilapp Mobile application for photographing and uploading paper receipts and vouchers directly into the Siffer accounting system. Features biometric login and three-click capture. Available on all subscription plans.
- Skattemelding for ENK (Tax Return for Sole Proprietors) Standalone annual add-on priced at NOK 499/year that enables sole proprietorships (enkeltpersonforetak/ENK) to file their Norwegian tax return (Skattemelding) through Siffer.
Quantifiable outcome
- RegnskapsPartner AS saved ~15,000–20,000 NOK/month by switching from ASP/on-premise solutions to Siffer's cloud platform.
- +3 more outcomes
Companies that use Siffer Systemer
Customer profileNamed customers6 records
Segments3 records
Ideal customer profiles3 records
Siffer Systemer technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration10 records
AI capability6 records
Feature7 records
Siffer Systemer partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered minor and core.
- Nimbus Regnskap ASminorNimbus Regnskap AS is an accounting firm in Norway that serves as a partner/customer of Siffer. Representative Are Lind provides testimonials praising Siffer's ability to consolidate annual clients in one system and its drag-and-drop import functionality. Nimbus promotes Siffer to its small business clients.
- RegnskapsPartner AScoreRegnskapsPartner AS is an accounting firm based in Øvre Romerike with 6 employees and ~230 clients. They migrated 100 clients to Siffer from a previous accounting system, citing Siffer's simplicity, cloud-based approach, fixed pricing, and collaborative features as key reasons. Reports saving ~15,000–20,000 NOK/month on IT costs by switching from ASP solutions to Siffer.
- Braathen & Partners (formerly AccountOnline)minorBraathen & Partners is an accounting firm from Lørenskog with 8 employees. They switched their smallest clients from Excel to Siffer, finding it provided clearer structure, easier portfolio handoffs, and better collaboration with end clients. They report that staff needed minimal training to use the system effectively.
- Skya ASminorSkya AS is an accounting firm partner of Siffer. Representative Charlotte Thjømøe provides a testimonial praising the free and super-simple bank integration that gives the firm control over all customers year-round.
- Cifero ASminorCifero AS is an accounting firm partner of Siffer. Representative Atle Berentzen provides a testimonial praising Siffer as a very good solution for all their small clients.
- Los Regnskap ASminorLos Regnskap AS is an accounting firm partner of Siffer. Representative Odd Bråten provides a testimonial noting that Siffer meets the accounting needs of holding companies and other small businesses in a very smart way.
- To Streker Økonomi ASminorTo Streker Økonomi AS is an accounting firm partner of Siffer. Representative Anders B. Furuseth provides a testimonial recommending Siffer to all annual clients, praising the smart workflow and ease of client documentation submission.
- Aiia (bank integration provider)coreAiia is Siffer's technology partner for PSD2 bank connectivity. When a user sets up a bank connection, they receive an email with a link to Aiia to authorize the connection. Aiia enables Siffer to connect to all Norwegian bank accounts via the PSD2 directive without requiring Siffer to build individual bank integrations.
Scale indicators2 records
Recent moves8 records
Expansion highlights6 records
Siffer Systemer competitors and assessment
Company assessmentDirect peers
- Fiken: Fiken is a Norwegian cloud-based accounting platform targeting sole proprietorships and small limited companies with simple, low-priced plans and built-in invoicing. It is the closest direct competitor to Siffer on SMB accounting in Norway.
- PowerOffice: PowerOffice is a Norwegian cloud accounting and payroll platform serving SMBs and accounting firms with invoicing, bank integration, and reporting features. It targets overlapping customer segments with Siffer.
- Tripletex: Tripletex is a Norwegian/Swedish accounting and payroll platform for SMBs and accountants with broad functionality including invoicing, bank integration, and reporting. It overlaps directly with Siffer's target segments and product scope.
Broad incumbents
- Unimicro: Unimicro is a Norwegian business system vendor serving SMBs and accounting firms with accounting, payroll, and ERP modules. It competes with Siffer in the regnskapsbyrå channel and offers broader functionality.
- Visma eAccounting: Visma eAccounting is the SMB accounting product from Visma, the largest Nordic business software group. It serves the same Norwegian SMB and accountant segments as Siffer but as part of a much broader portfolio including ERP, payroll, and HR.
- Fortnox: Fortnox is a Swedish cloud business platform for SMBs and accounting firms covering accounting, invoicing, payroll, and e-commerce. It is a broader incumbent with comparable product surface and accounting-firm channel.
- 24SevenOffice: 24SevenOffice offers a Nordic cloud business suite covering accounting, ERP, CRM, and project management. It serves Norwegian SMBs and accounting firms alongside larger customers and competes with Siffer in the lower end of the market.
Regional players
- Billy: Billy is a Danish cloud accounting and invoicing platform for SMBs and sole proprietors, with bank integration via PSD2. It targets a very similar SMB-and-freelancer segment in another Nordic market that Siffer already supports in Danish.
- Bokio: Bokio is a Swedish cloud accounting SaaS for small businesses and freelancers, with freemium pricing and bank integration. It is a comparable SMB accounting platform operating in a neighboring Nordic market.
Others
- Aiia: Aiia is a European PSD2 open-banking aggregator that powers Siffer's bank integrations. It is a critical infrastructure/partner rather than a direct competitor but is materially relevant to Siffer's go-to-market and product moat.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Siffer Systemer social profiles
Digital presenceSiffer Systemer financial estimates
Financial estimateRevenue estimate
Valuation estimate
Siffer Systemer leadership team
Management profileNumber of profiles
Profiles3 records
Siffer Systemer funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Siffer Systemer M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Siffer Systemer
What does Siffer Systemer do?
Siffer Systemer AS provides a cloud-based accounting platform for Norwegian small businesses, sole proprietorships, holding companies, clubs, and associations, along with the accounting firms that serve them. The platform connects to all Norwegian banks via the PSD2 directive through Aiia, automates bank reconciliation and invoice-payment matching (Smart-KID) without requiring a KID agreement, applies AI to interpret receipts and vouchers, and supports eFaktura, EHF, MVA-melding, and SAF-T export. It is offered as a subscription SaaS with a free entry tier and three paid plans (Mikro, Standard, Pluss).
Is Siffer Systemer a public or private company?
Siffer Systemer is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Siffer Systemer founded?
Siffer Systemer was founded in 2019. It employs 1 to 10 people.
Where is Siffer Systemer based?
Siffer Systemer is headquartered in Oslo, Norway, in the Europe region.
How does Siffer Systemer make money?
One revenue line is on record: subscription Plans (SaaS).
Who are Siffer Systemer's main competitors?
Direct peers on record are Fiken, PowerOffice and Tripletex. Broad incumbents are Unimicro, Visma eAccounting, Fortnox and 24SevenOffice. Regional players are Billy and Bokio. Aiia is listed as an others.
Does Siffer Systemer have an API?
No public API is recorded for Siffer Systemer.
What industry is Siffer Systemer in?
Siffer Systemer's product category is Cloud Accounting Software. Its primary akta.pro industry code is BPAAAGAB, Accounts Receivable (Invoicing, Cash Application, Deductions), with a secondary code of FSAMACAF, Recurring Billing & Subscription Payments Enablement. Its NAICS code is 54121 and its SIC code is 7370.