Company Overview
Billy is Denmark's leading cloud accounting software, founded in 2009 in Copenhagen and acquired by Visma in 2018. Billy is designed for SMBs and freelancers, known for its clean Nordic design, low barrier to entry, and deep local tax compliance.
Unlike global platforms like Xero and QuickBooks, Billy's key differentiator is its deep localization for the Nordic market (Denmark, Sweden, Norway, Finland)—including local tax rules, VAT rate auto-calculation, local invoice formats, bank integrations, and local payment methods.
Core Products
- Invoicing: Professional templates, recurring invoices, automatic reminders
- Bank Reconciliation: Auto-import from global banks, AI smart matching
- Expense Management: Receipt photo OCR, auto-categorization, VAT allocation
- VAT Tax Filing: Built-in VAT rates for four Nordic countries, one-click filing
- Reports: P&L, balance sheet, cash flow statements
Core Strengths
Deep Nordic Localization: Adapted to Danish, Swedish, Norwegian, Finnish tax regulations
Visma Group Resources: Backed by Europe's largest software group since 2018
Easy to Use: Nordic design with minimal learning curve
Bank Integration: Direct feeds from major Nordic banks