Skovik positions itself as quick and easy to roll out, guided by its in-house Implementation Specialists. The implementation process usually includes these steps:
Kick-off & Planning – Specialists help map workflows, configure policies, and plan account, employee, cost-center, and corporate-card mappings.
Configuration – Finetuning custom fields, rules, approval chains, and per-diem/mileage regulations tailored to your jurisdiction(s).
Integration Setup – Connecting HR/payroll/ERP with user sync, custom field exports, corporate-card feeds, and enabling SSO where needed.
Pilot & Training – A small group tests the platform; Skovik offers documentation, support, and 24/7 guidance lasting several days.
Estimated Duration: Though not publicly stated, the phrase “help you be up and running in no time” suggests typical implementation spans 2–6 weeks for mid-sized structures, with more complex multijurisdictional setups taking 6–12 weeks. The ability to automate HR sync and card feeds accelerates setup.
Skovik supports extensive flexibility to adapt the system to unique business needs:
Custom Fields & Rules
You can add text, dropdown, or boolean fields (e.g., cost center, project, re-invoice flag), assign defaults, enforce formats, and combine with rules to assign specific bookkeeping accounts.
Policy Logic & Workflow
Admin-configurable blocks and warnings are triggered when expense entries violate rules (e.g., overspending); reviewers can apply custom rejection messages. Approval sequences adapt via dynamic chains and random sampling policies.
Localization & Compliance
Skovik auto-updates global tax rules, currency, VAT, mileage, and per-diem settings, while admins can define local constraints per country or branch.
Open API Integrations
Skovik provides developer guides and APIs to:
Enable SSO via OpenID Connect with custom identity providers.
UI & Approval Templates
Finance teams can tailor UI labels, handbooks, expiration deadlines, employee roles, and approval workflows to fit organizational structure.
Dedicated Specialist Support
Their onboarding includes expert guidance during configuration, pilot stages, and post-launch optimization, ensuring custom logic aligns with your business.
Enterprise Security Features: The platform includes user roles, permission controls, audit logging, and SSO integration (OpenID Connect, Azure AD).
Encryption & Access Control: External reviews mention secure logins, encryption, and strong access controls.
Skovik employs a versioned release approach for its calculation engine, with each update labeled by its release date. These updates add new regulations or functionality, and users can opt in to upgrade. After 12 months, unused versions are automatically applied. Clients click “prepare upgrade,” review changelogs, and choose when to switch; rollbacks aren’t supported.
They also categorize features through a three-stage process—Experimental, Early Access, and General Availability—letting customers decide whether to adopt early-stage features.
Per-diem rates and tax changes are pushed seamlessly, while impactful structure changes follow the controlled upgrade cadence.
Dashboards like Analytics are updated daily, with automated reports generated weekly or monthly, depending on your timing preferences.
Skovik’s Terms of Service clarify that customers retain full rights to their data. Users can cancel anytime, but outstanding subscription fees aren’t refunded; Skovik may delete data post-termination.
The platform provides comprehensive export tools—including CSV, Excel, REST API access, and database-style analytics—enabling users to retrieve or migrate all expense data.
Additionally, GitBook documentation offers structured guides for exporting employee data, expense history, analytics, and card transactions.
These provisions ensure portability while ensuring Skovik responsibly discontinues any deleted or orphaned data.
Under Skovik’s General Terms, customer accounts are per seat (one individual per login), and you may add or remove users anytime.
Cancellation takes effect at the end of the current paid period—typically monthly—and the contract continues until that date. Outstanding fees for that period are non-refundable.
Skovik reserves the right to terminate with one month’s notice; likewise, you may scale down by removing licenses or canceling—automatic pricing adjustments are likely to follow existing fee schedules.
Enterprise features like analytics, card feeds, early access options, or SSO may require upgrading your plan; pricing adjusts per user count and feature complexity.
Skovik’s model ensures you only pay for the seats and modules in use, without long-term lock-ins.