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Skovik Reviews & Product Details - Page 5

Skovik Overview

What is Skovik?

Skovik makes expense management effortless for both employees and finance teams. Our platform reduces the average time to complete an expense report to just 3 minutes and automates up to 80% of accounting operation work with the help of smart workflows and global tax rule compliance. The solution is ideal for midsize companies and enterprises, as well as rapidly growing businesses that require an expense management solution that can scale with them. Serving as a testament to that, we have over 1,000 such customers across 50+ countries.

Skovik Details
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Product Description

Skovik enables businesses to streamline and automate expense management and travel reimbursement throughout the entire organization. On average, Skovik users spend only 3 minutes creating an expense report thanks to AI-powered receipt handling. The system eliminates errors, sparing the finance team countless hours. With its customizable and intelligent core, Skovik adapts to local requirements and individual businesses needs, uniquely positioning it as an expense management system that is robust, scalable and user-friendly.

How do you position yourself against your competitors?

Skovik is both powerful and easy to use. Our system efficiently manages expenses, mileage, and per diems on any scale, catering to hundreds or thousands of users, multiple business units, and accommodating various international regulations and complex approval chains. Skovik stands out as one of the few expense management systems capable of calculating the CO2 footprint for any type of expense. Despite its robust capabilities, Skovik consistently receives praise from its customers for being exceptionally user-friendly, enabling the average user to complete their expense reports in just 3 minutes.


Seller Details
Seller
Skovik
Year Founded
2008
HQ Location
Stockholm, Sweden
LinkedIn® Page
www.linkedin.com
15 employees on LinkedIn®
Description

Skovik enables businesses to streamline and automate expense management and travel reimbursement throughout the entire organization. The system eliminates errors, sparing the finance team countless hours. With its customizable and intelligent core, Skovik adapts to local requirements and individual businesses needs. It's no coincident that thousands of enterprises have chosen for expense management.


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Recent Skovik Reviews

Sven-Erik H.
SH
Sven-Erik H.Enterprise (> 1000 emp.)
5.0 out of 5
"Easy to work with"
Both the app and the website are so easy to understand and all works great. I have been in contact with the support at start and they were fast to ...
Verified User
U
Verified UserEnterprise (> 1000 emp.)
5.0 out of 5
"It´s very easy to use Skovik for my personal expenses and I can manage them easily in skovik app."
The App functonality is very easy to go.
Verified User
A
Verified UserMid-Market (51-1000 emp.)
2.5 out of 5
"Mostly used for expenses on the events that I manage at ZSL"
I really enjoy the interface and find it very easy to use and understand. Thsi is somthingI value highly when compaered to the other prodyects on t...
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Skovik Media

Skovik Demo - Easy receipt capture
Capture receipts on the go with Skoviks mobile app, or forward receipts from your email inbox.
Skovik Demo - Approve costs on the go
Keep on top of expense approvals. All the tools are available both on the web and in the Skovik app. Skovik automatically detects duplicate costs and expenses that are against company policy.
Skovik Demo - Track mileage, travel costs and CO2
Skovik gives you all the tools to log your travel costs in all the necessary formats required for reimbursement and tax compliance. Skovik adapts to local tax regulations.
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51 Skovik Reviews

4.7 out of 5
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51 Skovik Reviews
4.7 out of 5
51 Skovik Reviews
4.7 out of 5

Skovik Pros and Cons

How are these determined?Information
Pros and Cons are compiled from review feedback and grouped into themes to provide an easy-to-understand summary of user reviews.
Pros
Cons

Overall Review Sentiment for SkovikQuestion

Time to Implement
<1 day
>12 months
Return on Investment
<6 months
48+ months
Ease of Setup
0 (Difficult)
10 (Easy)
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Verified User in Computer Software
UC
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Skovik?

Scanning the receipt and getting the fields prefilled minimizes the admin effort for me as a user. Most of the time it gets it correctly. Review collected by and hosted on G2.com.

What do you dislike about Skovik?

Two same steps when a sending report, I wish the extra step of entering purpose could be eliminated, as same info was demanded and entered in the step before. Repetitive. Review collected by and hosted on G2.com.

What problems is Skovik solving and how is that benefiting you?

Managing receipts and expenses in an efficient way Review collected by and hosted on G2.com.

Response from Lassi Eronen of Skovik

Thank you for sharing your feedback about the "purpose" field, I will pass it on to the product team. We're happy to hear Skovik helps you minimize the time spent doing expenses!

Verified User in Consulting
UC
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Skovik?

Can be slightly customised to our needs with automatic checks upfront to reduce negative process results. Features like pictures and value parsing are very helpful in speeding up and easing the process. Review collected by and hosted on G2.com.

What do you dislike about Skovik?

It could be a bit more appealing from UI perspective. Review collected by and hosted on G2.com.

What problems is Skovik solving and how is that benefiting you?

Easily entrying expenses and making my life as user easy. Review collected by and hosted on G2.com.

Response from Lassi Eronen of Skovik

We're glad to hear that you find Skovik's customization and automatic checks helpful for your expense management needs. We appreciate your feedback on the UI and will take it into consideration for future improvements.

Verified User in Consulting
UC
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Skovik?

E-mailing the receipts, in any form you get them. Review collected by and hosted on G2.com.

What do you dislike about Skovik?

Maybe a bit unmodern in it's appearance. Review collected by and hosted on G2.com.

What problems is Skovik solving and how is that benefiting you?

Easy way to keep track of expenses, so nothing is missed. Review collected by and hosted on G2.com.

Response from Lassi Eronen of Skovik

Thank you for the feedback! The email forwarding feature is an absolute favourite of mine as well. It's just so practical to send receipts from your email because email is always at hand.

DR
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Skovik?

Easy to use and fast app. The camera function is great. Review collected by and hosted on G2.com.

What do you dislike about Skovik?

The login procedure on the web site could use Bankid instead Review collected by and hosted on G2.com.

What problems is Skovik solving and how is that benefiting you?

The way I have to store broken and fading reciepts are now gone with the use of Skovik Review collected by and hosted on G2.com.

Response from Lassi Eronen of Skovik

We're glad to hear that you find Skovik easy to use and efficient, and that the camera function is helpful for you. Using BankID for login is a great idea - I will forward it to the product team for future consideration. Thank you for sharing how Skovik has helped you with storing receipts!

Verified User in Consulting
AC
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Skovik?

Simplicity to use, both for user and approver of expense reports Review collected by and hosted on G2.com.

What do you dislike about Skovik?

That it dont remember the office starting point for mileage expense. Review collected by and hosted on G2.com.

What problems is Skovik solving and how is that benefiting you?

Simple for the team to enter expenses and mileage and have enough functionality for us to avoid too many work arounds Review collected by and hosted on G2.com.

Response from Lassi Eronen of Skovik

Thank you for your positive feedback! We're glad to hear that Skovik has been the best expense management solution for you. We appreciate your input about the mileage expense starting point and will take that into consideration for future improvements.

DL
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Skovik?

Easy to use! I can use it on my phone or computer. Review collected by and hosted on G2.com.

What do you dislike about Skovik?

Nothing. Obly that I need to save the recipies for many years, myself. Review collected by and hosted on G2.com.

What problems is Skovik solving and how is that benefiting you?

When I pay for something from my own pocket. And when I travel. Review collected by and hosted on G2.com.

Response from Lassi Eronen of Skovik

We're glad to hear that you find Skovik easy to use on both mobile and desktop! Btw - if you are based out of Sweden there is a new law being introduced starting July 1st that allows you to only keep the digital copy of a receipt in Skovik and finally let go of your stash of paper receipts!

Verified User in Computer Software
UC
Mid-Market(51-1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Skovik?

I have been using Skovik for many years now. Very user-friendly tool. Save us a lot of time handling expenses. Review collected by and hosted on G2.com.

What do you dislike about Skovik?

Nothing I have thought about. It is very like-able ! Review collected by and hosted on G2.com.

What problems is Skovik solving and how is that benefiting you?

Getting rid of expence management in excel. Review collected by and hosted on G2.com.

Response from Lassi Eronen of Skovik

Thanks for sharing your thoughts with us and for being a long time user! We did rough calculation and it said Skovik saved conservatively estimated 1 million hours for our users last year - thats a lot of time that was spent doing something better than filling out expense reports :)

Verified User in Consulting
CC
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Review source: Seller invite
Incentivized Review
What do you like best about Skovik?

Easy to understand. OCR capabilities and capture via mail Review collected by and hosted on G2.com.

What do you dislike about Skovik?

Not much other than rules created by my org Review collected by and hosted on G2.com.

What problems is Skovik solving and how is that benefiting you?

Submitting expenses, super easy Review collected by and hosted on G2.com.

Response from Lassi Eronen of Skovik

Thank you for sharing your experience with Skovik! The email capture feature is a personal favourite of mine as well. I understand that company-specific rules can sometimes add some more work, but luckily our Success Team is typically able to find ways to streamline those rules wherever possible. Let us know if you have any ideas and suggestions how to make Skovik even better.

Verified User in Consulting
UC
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Skovik?

decent OCR, is available as android app. Review collected by and hosted on G2.com.

What do you dislike about Skovik?

splitting the bill into multiple positions (due to different tax rates) is very cumbersome. Review collected by and hosted on G2.com.

What problems is Skovik solving and how is that benefiting you?

expensing company trips, hardware/software, and customer meetings (food) Review collected by and hosted on G2.com.

Response from Lassi Eronen of Skovik

We're glad to hear that you find the OCR feature useful. My understanding is that there should be some improvements on the way you can split bills later this year, but I will definitely pass this feedback on to the product team. Thank you for the feedback!

Verified User in Consulting
UC
Enterprise(> 1000 emp.)
More Options
Validated Reviewer
Verified Current User
Review source: Seller invite
Incentivized Review
What do you like best about Skovik?

scan and automatic creation of expense (incl document data) Review collected by and hosted on G2.com.

What do you dislike about Skovik?

structure (where to find what, etc) and UX could be reworked Review collected by and hosted on G2.com.

What problems is Skovik solving and how is that benefiting you?

scanning expenses, creating expense sheets manually, hand-in process Review collected by and hosted on G2.com.

Response from Lassi Eronen of Skovik

Thank you so much for your review! We're glad to hear that you find Skovik's receipt scanning and automatic expense creation helpful, and we'll definitely take your feedback about how the user interface is structured into consideration as we roll out future updates.