EU Sovereignty Score
EU sovereignERP & FinanceHeadquarters: SE

Bokio: sovereignty score and 8 European alternatives

Bokio is a Swedish online bookkeeping service for sole traders, limited companies and other small businesses, with a separate offering for accounting firms. It combines bookkeeping, in which entries are suggested from bank transactions, with invoicing, quotes, payroll, VAT handling and year-end closing. Bokio also connects to e-commerce and payment services such as Shopify, PayPal and Stripe, and provides a business bank account with company cards. It is delivered as a web application with a mobile app.

Bokio Group AB is headquartered in Sweden. The company is owned by the Norwegian software group Visma, itself based in Oslo, which agreed to acquire Bokio in 2022. Bokio's website does not state where customer data is stored, so a European organisation that needs certainty about hosting should consult the privacy policy and ask for the list of subprocessors. Bokio is proprietary software offered only as an online service.

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Sovereignty score
71 / 1000 = high exposure
100 = sovereign
  • Jurisdiction SOV-2100
    Headquartered in the EU: European law applies
  • Data residency SOV-3100
    EU-only hosting
  • Cryptographic key sovereignty SOV-360
    Key management with a European vendor
  • Freedom from lock-in SOV-640
    Closed source: switching requires data migration
  • Source & runtime sovereignty SOV-4 · SOV-655
    Closed source, runtime with the vendor

SOV codes: the matching objective in the European Commission's Cloud Sovereignty Framework. Official source

How the score is calculated

Facts and evidence

Last checked October 1, 2026
HeadquartersSE (EU)Verified by hand
Ultimate parent companyNOVerified by hand
Sovereignty modelVendor-hosted (EU)Verified by hand
Data hostingEUVerified by hand
Open-sourceNoVerified by hand
GDPR-compliantYesVendor-stated
Hosting signalMICROSOFT-CORP-MSN-AS-BLOCK - Microsoft Corporation, US (US)Technically measured
CategoryERP & Finance
TypeProduct
Websitebokio.se ↗

The hosting signal shows the network that serves the vendor's website, often a CDN, and not necessarily where the service or your data is hosted. How we verify · Something wrong? Suggest a correction

Top EU-based & GDPR-compliant alternatives to Bokio

The European alternatives to Bokio come from our knowledge base of over 6,200 vendors. We only list vendors headquartered in the EU or the EEA; fully European-owned vendors rank before vendors with a foreign owner. For each alternative you see the country, the open-source status and a short description.

Score per alternative: 0 = high exposure, 100 = sovereign

129 European ERP & Finance vendors are in the catalogue. View the whole category · Submit an alternative · View category on the map

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Why digital sovereignty matters with Bokio

Bokio is headquartered in SE and therefore falls under European law: the GDPR, NIS2 and the Data Act. No foreign legislation can compel access to your data. The ultimate owner is based in NO, also within Europe.

Data is hosted exclusively in the EU, so Bokio scores best on data residency.

Bokio is closed source and hosted by the vendor. The encryption keys and the runtime sit with the vendor and switching requires data migration. Ask about bring-your-own-key, export options and open standards.

What this means for your organisation depends on your whole stack and context. The free assessment weighs Bokio together with your other vendors and gives a total score, a heatmap and the main risk drivers.

Frequently asked questions

What is the best European alternative to Bokio?

It depends on your use case. Strong EU alternatives to Bokio include 24SevenOffice, A3ERP and Abacus. On this page you can compare 8 EU alternatives by jurisdiction, data residency and open-source status.

Are there open-source alternatives to Bokio?

Our list of EU alternatives to Bokio is mostly commercial options. Browse the category on the map for open-source choices.

Is Bokio GDPR-compliant and where is the data hosted?

Bokio is headquartered in SE (EU) and hosts data in EU. That makes Bokio an EU-sovereign choice in its own right; the EU alternatives on this page are comparable European tools.

Details and sources

Verified by handHeadquarters, owner, hosting locations and licence have been checked by us against public sources. Free of charge and for every vendor, not a paid label. Nothing in this knowledge base is taken over automatically. Last checked on October 1, 2026.

Sources

Public sources used in the latest check of this record.

Compliance evidence

The links below point to the vendor's own public documents. We only record what we found: a missing link means "not found publicly", not "not compliant".

No public compliance evidence has been recorded for this vendor yet. Do you know its DPA or subprocessor list? Something wrong? Suggest a correction

Digital sovereignty in ERP & Finance

ERP & Finance: Enterprise resource planning, accounting, financial software. In this category the choice of vendor determines who has legal access to your data, where that data lives and how easily you can switch later.

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8 European alternatives to Bokio — GDPR-compliant & EU-hosted · EU Sovereignty Score