Fortnox vs Puzzle: Complete Comparison (2026)
An in-depth comparison of Fortnox and Puzzle to help you choose the right tool for your business.
Last updated: November 2026
Fortnox
6.5/10
Swedish cloud accounting platform covering bookkeeping, invoicing, payroll, supplier invoice approval and reporting for small and mid-sized Swedish businesses and accounting firms.
Puzzle
6.1/10
AI-native accounting software and optional bookkeeping services that automate categorization, reconciliation and month-end close for startups and small businesses.
Feature-by-Feature Comparison
| Feature | | |
|---|---|---|
| Scores | ||
| Overall Rating | 6.5/10 | 6.1/10 |
| Analytics | 5/10 | 7/10 |
| Compliance | 7/10 | 5/10 |
| Cost | 6/10 | 7/10 |
| Customization | 5/10 | 5/10 |
| Ease of Use | 7/10 | 8/10 |
| Integration | 8/10 | 7/10 |
| Scalability | 6/10 | 5/10 |
| Security | 6/10 | 5/10 |
| Support | 7/10 | 5/10 |
| Pricing | ||
| Free plan | No | No |
| Cheapest paid plan | SEK 238/mo Mini | $30/mo Starter |
| Estimated cost for 10 users | SEK 238/mo Mini | $120/mo Complete |
| Features | ||
| Accountant Access | ||
| Financial Reporting | ||
| General Ledger | ||
| Invoicing | ||
| Payroll | ||
| Accounts Payable | Not listed | |
| Bank Reconciliation | Not listed | |
| Budgeting and Forecasting | Not listed | |
| Corporate Cards | Not listed | |
| Expense Management | Not listed | |
| Multi-entity Consolidation | Not listed | |
| Tax Compliance | Not listed | |
Fortnox vs Puzzle cost by team size
| Team size | Fortnox | Puzzle |
|---|---|---|
| 1 user | SEK 238/moMini | $30/moStarter |
| 5 users | SEK 238/moMini | $72/moCore |
| 10 users | SEK 238/moMini | $120/moComplete |
| 25 users | SEK 238/moMini | $120/moComplete |
| 50 users | SEK 238/moMini | $120/moComplete |
The plan that fits each team size, billed monthly, before add-ons and usage charges. Each cost opens that tool's pricing calculator for the team size.
Which One Should You Choose?
Why choose Fortnox
- Higher Compliance score (7/10 vs 5/10)
- Higher Support score (7/10 vs 5/10)
- Better fit for accountants and bookkeepers (9/10 vs 6/10)
- Better fit for small business (9/10 vs 7/10)
Why choose Puzzle
- Higher Analytics score (7/10 vs 5/10)
- Higher Cost score (7/10 vs 6/10)
Pros & Cons
Fortnox
Pros
- More than 500 integrations, and one 189 kr licence covers all of them.
- A single platform covers bookkeeping, invoicing, payroll, supplier invoice approval, payments and a company card, which suits Swedish SMEs.
- Accounting firms get a dedicated bureau package for working in their clients' books.
- New companies get six months free, and every new subscription has a 30-day open purchase period.
- Trustpilot and Shopify app reviewers frequently praise customer service and sync reliability.
Cons
- Usage fees for invoices, paid employees and interpretations, plus an Access fee that scales with activity, make total cost hard to predict.
- Three-month agreements cost 15 percent more than the 12-month list prices.
- The product is Swedish-focused, and users have asked for an English interface.
- Some users call the reporting tools dated and say neobank integrations such as Revolut are missing.
Puzzle
Pros
- Most transactions are categorized automatically: the vendor claims 85 to 90 percent on every plan.
- Reviewers praise the clean interface for non-accountant founders.
- Direct integrations with Stripe, Mercury, Brex, Ramp, Gusto and Rippling suit startup tool stacks.
- Entry pricing is low and flat, at $30 a month, and annual billing gives two months free.
- Optional bookkeeping, CFO and tax services are available from the same vendor.
Cons
- Users report AI miscategorizations that are hard to fix manually.
- Some reviewers say it feels immature, with missing basics and occasional lag.
- Reviewers report support lapses, such as a missed onboarding call.
- Revenue recognition and classes only come with Complete at $120 a month.
- Multi-currency support is not documented.
Not sold on either?
Frequently Asked Questions
Fortnox scores higher on our Finance Software criteria: 6.5/10 against 6.1/10 for Puzzle. The largest gap is in Analytics: 5/10 for Fortnox and 7/10 for Puzzle.
No, neither Fortnox nor Puzzle lists a free plan.
Fortnox is the better fit for accountants and bookkeepers: we rate it 9/10 for them, against 6/10 for Puzzle.
