Product

About the Skovik

Skovik is a cloud-based global expense management solution designed to automate and streamline tedious expense reporting processes. It leverages AI-powered receipt processing, enabling employees to complete reports in an average of three minutes. Skovik supports automatic per diem calculations, mileage tracking (single or multi-destination trips), and automated card reconciliation via open APIs with any bank. The platform enforces compliance through policy-driven intelligent approvals and out-of-policy detection, supporting local tax regulations and multi-entity coordination. Skovik offers advanced controls for budgets, cost detection, and provides transparency through detailed audit and event logging. Its environmental impact tools estimate CO2 emissions of business travel to support sustainability reporting. The solution integrates multiple geographic tax rules and VAT reclaim processes, backed by dedicated onboarding specialists and robust security features including Single Sign-On and audit logs.