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Independently verified · Quarterly re-audit
EU VETTED

Visma eAccounting

VERIFIED
Accounting · Norway
Founded 1996 · visma.com ↗

Nordic ERP + accounting group (Oslo, 1996); 170+ company portfolio, 2.4M customers, Hg-majority + TPG co-invested.

In short

Visma eAccounting, in the Accounting category, offers EU hosting with Norway as its hosting location, but a US parent or sub-processor leaves material CLOUD Act exposure.

Assessment notes

Visma Group (Oslo, Norway) is the Nordic ERP / accounting incumbent (170+ companies, 15,400 employees, 2.4M customers, €19B valuation 2024), Nordic-hosted, ISO 27001; ownership is Hg Capital majority (UK PE) since 2017 with TPG (US PE) and CPP (Canada Pension) as co-investors, so US PE exposure is material via TPG even though Norwegian-operating, flipping signal to eu_hq_us_funded.

CLOUD ACT
OWNERSHIP
SUB-PROCS
— not disclosed
Verified signals
Jurisdiction
  • EU / adequacy hosting
  • EU / adequacy operator
  • No US CLOUD Act exposure
Transparency
  • Public DPA
  • Sub-processors disclosed
  • Open-source clients
  • Third-party certification
JUMP TO
OVERVIEW

About Visma eAccounting

Visma Group (Oslo, Norway, founded 1996) is the Nordic-region ERP / accounting / business-software incumbent: 170+ operating companies, 15,400 employees, 2.4 million customers across 28 countries. The flagship cloud SMB product is Visma eAccounting with country-specific brands (Visma Spcs in Sweden, Visma e-conomic in Denmark, Visma Mamut). Hosting is in Nordic data centres, ISO 27001 certified. Ownership history: KKR (US) acquired majority in 2010, exited in 2017 to Hg Capital (UK PE) who retains majority; current co-investors include TPG (US PE), ICG (UK), CPP Investments (Canada Pension), and Visma management. The TPG presence is the procurement-grade caveat: material US PE influence on a Norwegian operating group.

SUB-PROCESSORS

Sub-processor map · not disclosed

Vendor does not publish a sub-processors list. Schrems II compliance and CLOUD Act exposure cannot be independently verified without it.
CERTIFICATIONS

Frameworks & certifications

ISO/IEC 27001
ACTIVE
FEATURES

Capability matrix

Invoicing Yes
E-invoicing Yes
Bank sync Yes
VAT returns Yes
Payroll Yes
Multi-currency Yes
Expense management Yes
Inventory Yes
Accountant access Yes
INTEGRATION & ACCESS
REST API Yes
SSO (SAML / OIDC) Yes
COMPLIANCE & GOVERNANCE
Audit log Yes
Self-host / on-prem option Yes
PRICING

Pricing & tiers

PAID
Custom pricing

Contact vendor for tier or volume pricing.

View pricing page ↗
PUBLIC DOCUMENTS

Public documents

Vendor does not publish a public DPA. Without a publicly accessible Data Processing Addendum, small EU customers cannot self-serve the processor agreement. This is recorded as no public DPA (see How we assess).
  • Data Processing Addendum (DPA)
    — missing
    missing
  • Sub-processors list
    www.visma.com/trust-centre-products…
    Open ↗
ALTERNATIVES

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Public DPA Sub-processors Open source
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Fiken
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Public DPA Sub-processors Open source
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Lexware
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Lexware Office: cloud accounting from Haufe Group (German family-owned), DSGVO + GoBD + TÜV, 400K+ DACH customers.

Public DPA Sub-processors Open source
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—
CLOUD ACT
MINOR
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