Comparison · Light vs Fortnox
Light vs Fortnox
Fortnox is a business accounting tool that keeps one set of books per company; group consolidation runs in a separate product, Fortnox Koncern. Avoid manual reconciliation and reporting out of spreadsheets, use Light's native Fortnox import to launch instantly.
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4 week implementation
KPMG global partnership
Remove 4+ tools
700+ apps
The world's most demanding finance teams run on Light.
In detail
Light and Fortnox, compared
| Feature | Light | Fortnox |
|---|---|---|
| 01Group consolidation | Consolidation and eliminations run on the same ledger and update as transactions post. | A separate product, Fortnox Koncern (Liten, Mellan, Stor), collects company data, consolidates and reports. On Mellan and Stor it also produces the group annual report for Bolagsverket. |
| 02Several companies | Every entity sits on one ledger and rolls up to one group view. | One set of books per company. Fortnox Bolagshanterare gives one login across your companies. |
| 03Supplier invoices | Agents code, match and post inside the controls you set. Every action is logged. | Fakturatolkning reads incoming invoices and proposes a booking. |
| 04Recurring invoicing | Subscription management with ARR and MRR reporting. | Återkommande fakturering for repeat invoices such as rent or subscriptions. |
| 05Paying foreign suppliers | Pays vendors on local payment rails in 80+ countries. | Pays foreign supplier invoices by IBAN and BIC through your bank connection. |
| 06Foreign subsidiaries and currency | Each entity keeps its own currency and local books and rolls up to one group view. | Foreign-currency invoices with automatic exchange rates. Fortnox Koncern Mellan and Stor support foreign subsidiaries with currency translation. |
| 07Company cards | Cards issued in Light. Spend posts to the same ledger as everything else. | Fortnox Företagskort, offered with partner Mynt. Purchases go straight into Fortnox. |
| 08Apps and integrations | 700 apps built natively on Light. | An integrations marketplace with 500+ integrations. |
| 09Swedish payments | Swedish payments including Bankgirot, alongside the rest of your group’s accounts. | Supported. |
| 10Spend management | Expenses, vendors and cards connected to your ledger. | Supported. |
Also in Light
Billions of transactions
One ledger built to handle billions of transactions.
Live in weeks
Light’s own team implements in weeks, and Light is available with KPMG in 140+ countries.
Treasury intelligence
Built into the same system as your ledger.
Custom agents
Describe a recurring finance job in plain language and Light does it from then on, inside your policies.
Keep the group in one system
Fortnox keeps company books separately and offers Fortnox Koncern for consolidation. Light consolidates every entity on the same ledger.
- 01
Grow beyond Sweden
Run Swedish and foreign entities together. Light supports Swedish payments alongside local vendor payment rails in 80+ countries.
- 02
Let agents handle the routine
Light’s agents code, match and reconcile inside your controls. Every action is logged for your finance team to review.
When to choose Light
- 01
Built for the group abroad
Each entity keeps its own currency and local books and rolls up to one group view, with payments on local rails in 80+ countries.
- 02
Close every entity at once
Consolidation and eliminations update as transactions post.
- 03
Agents do the routine work
They code, match and post inside the controls you set, with every action logged.
Trusted by the world's
fastest growing companies
See how finance teams run lean and global on Light.
Read customer stories-
“We evaluated several vendors. Light won because it covers our full finance stack, revenue, AR, AP, expenses, and consolidation, without stitching together a patchwork of point solutions.”
Tanja, Director of FinanceOmnea -
“Even though we’re three entities, it’s like I’m running a finance department for one entity.”
Thobias, Finance ManagerAlva Labs -
“I really like that Light’s AI already gives me suggestions, GL accounts, cost centers, tax codes. I don’t have to start from scratch.”
Cédric, Finance ManagerOper Credits -
“Nine times out of ten the AI matches everything and posts it to the right account. One click and you’re done.”
Jeppe, CFOKeyShot
Built for the daily work
Bills through to payment
Capture invoices, route approvals and pay vendors from the same system.
Room to grow
One ledger built to handle billions of transactions across your business.
Trace every number
Open a report and drill straight into the transactions behind it.
Spending, under control
Expenses, vendors and cards connected to your ledger.
Expenses
Collect receipts, approve expenses and track spend as it happens.
Vendors
Keep supplier details, bills and approvals together. Apply your purchasing rules as work moves through.
Cards
Issue cards for employees and vendors. Pay with Apple Pay or Google Pay. Send receipts through Slack, Teams or email.
Frequently asked questions
Does Light support Swedish payments?
Yes, including Bankgirot, alongside the rest of your group’s accounts.
How does migration work?
Light’s team moves accounts, balances and open items into one ledger in weeks.
Can our accountant stay involved?
Yes. Your accountant gets live access to the ledger and reports.
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