Blog

Acubiz and Nykredit enter into partnership

Michelle Bendix Lauritzen — Mon, 22 Jun 2026 10:00:00 GMT

Nykredit and Acubiz forge a partnership, introducing the NEM – Nykredit Expense Manager app to aid small businesses in managing expenses, mileage, and receipts. This collaboration combines Nykredit's MasterCard solution with Acubiz's two-decade expertise in Expense Management. The NEM app, launching soon, aims to make business operations 25% more efficient, as per a recent survey.

TL;DRAcubiz and Nykredit have partnered to launch NEM, the Nykredit Expense Manager app, targeting Danish businesses with 1 to 10 employees. The app combines Nykredit's MasterCard Business solution with Acubiz's two decades of expense management expertise, and a Nordic survey confirms the partnership can deliver an average 25% efficiency improvement for small businesses handling expenses digitally.

Nykredit Bank launches an app targeted the company’s business customers, which will make it easier for business owners with 1-10 employees to register expenses, mileage and handle receipts. The app NEM – Nykredit Expense Manager – is the result of a partnership and close cooperation between Nykredit and Acubiz.

“At Nykredit Bank, we are committed to giving our business customers a little more time in everyday life by creating administrative easing, and the combination of our MasterCard solution and Acubiz’ app is an excellent example of how we can succeed together,” says Carsten Kruse, Director of Retail Business at Nykredit.

Acknowledgement of Acubiz

General Data Protection Regulation (GDPR) – It is now a reality

Michelle Bendix Lauritzen — Mon, 22 Jun 2026 10:00:00 GMT

As GDPR rolls out, Acubiz celebrates two years of proactive preparation. With expert guidance from the Horten law firm, Acubiz navigated complex data agreements, highlighting the challenges of varied GDPR interpretations across EU countries. Adaptation remains key in this evolving data protection realm.

TL;DRAcubiz began preparing for GDPR two years before it came into effect on May 25, 2018, working with law firm Horten to develop data processing agreements early and treating the regulation as a competitive opportunity rather than a compliance burden. The process was complex given the varying interpretations of GDPR across EU countries, but Acubiz completed it with agreements in place for nearly all customers.

As of 25th May GDPR is now a reality. Acubiz looks back at two years of getting ready for this day. The law firm Horten has played an important role as adviser for the preparation of Acubiz’ data processing agreements – a process, which Acubiz’ CEO & Founder Lars de Nully initiated early on.

Partner of Horten law firm, Mads Nygaard Madsen tells that “The approach Lars de Nully has had to the GDPR is highly ideal – to see it as an opportunity rather than a burden.” Already two years ago, the two of them began outlining Acubiz’ data processing agreement, which was early compared to other organisations.

Affecting many areas

Acubiz presents gift checks totaling 20,000 kr. for Natteravnene Rudersdal and Skjold Gymnastikforening

Michelle Bendix Lauritzen — Mon, 22 Jun 2026 10:00:00 GMT

Acubiz, after receiving Rudersdal's 'Year's Best Business Idea' award and a cash prize of 10,000 kr., generously doubled the amount to 20,000 kr. and donated it to Natteravnene Rudersdal and Skjold Gymnastikforening. Both organizations are recognized for fostering a safe and healthy environment for Rudersdal's youth.

TL;DRAfter winning the Rudersdal 'Year's Best Business Idea' award with a prize of 10,000 kr., Acubiz chose to double the amount to 20,000 kr. and donate it equally to Natteravnene Rudersdal and Skjold Gymnastikforening, two local organizations creating safe and healthy environments for young people in the municipality.

The final break with expense reports

Michelle Bendix Lauritzen — Mon, 22 Jun 2026 10:00:00 GMT

Many organizations have digitized the process. There's just a paradox here, because many of the apps that's available for managing expenses is based on the idea that the employee needs to do a traditional expense report.

TL;DRMany expense apps have digitized the traditional expense report without actually replacing it, preserving the same batch-processing logic that creates month-end backlogs and complicates error correction. Acubiz argues for a transaction-based approach where each expense is registered and processed individually in real time, eliminating the structural inefficiencies of the old report model.

If you’re responsible for, or work in a finance department then you’re probably interested in how your business spend is managed? You’re probably also interested in how you can contribute to increase employee productivity across your organization?

Employees hold expenses on a regular basis, when they do their job. With the right app for managing expenses, loads of time can be freed up. Simultaneously, you’ll obtain greater control and increased insight into employee related expenses.

The secret to success is, that you need to find an app that has made the final break with the idea of traditional expense reports.

Shelve the expense report – go transaction based

Mileage documentation requirements

Michelle Bendix Lauritzen — Mon, 22 Jun 2026 10:00:00 GMT

For tax-free refunds on work-related car use in Denmark, proper mileage documentation is vital. SKAT sets the documentation standards which include details like name, address, travel date, start and end points, kilometers traveled, and more. While spreadsheets are common for tracking, Acubiz offers a more efficient, GPS-enabled solution that ensures compliance with SKAT's requirements and streamlines the mileage refund process.

TL;DRSKAT sets specific documentation requirements for tax-free mileage refunds in Denmark, including name, address, CPR number, travel date, start and end points, kilometers driven, and reimbursement rates. Acubiz provides a GPS-enabled digital mileage solution that automatically captures these required fields, replacing manual spreadsheet tracking with a compliant and efficient digital process.

Do you need an overview of your fuel refund options? Read more below and become more aware of both SKAT’s requirements for your mileage documentation and on Acubiz’ solution for easier mileage registration.

If you use your own car for work-related purposes, you have the opportunity to get tax-free refunds from your employer, as well as if you are self-employed you have the option of mileage allowance. However, the tax administration office in Denmark (SKAT) requires mileage documentation, and it can additionally be a very slow and difficult process to keep track of your own mileage.

What requirements does the tax administration have for your mileage documentation?

Robots in the finance processes?

Michelle Bendix Lauritzen — Mon, 22 Jun 2026 10:00:00 GMT

Recently, I’ve been very interested in how Robotic Process Automation (RPA) can be applied in various finance processes. RPA is a quite hot topic amongst leaders in finance functions. Obviously, this has something to do with its potential to effectively automate repetitive and time-consuming tasks and thereby enable the realization of significant cost savings or the release of resources for more value adding tasks.

TL;DRRobotic Process Automation (RPA) is moving from a discretionary investment to a core requirement in finance functions, and Acubiz is already applying it in expense management through the Company Policy Manager feature, which uses a rules-based automation engine called Acubot to distinguish normal from anomalous transaction behavior and flag exceptions automatically.

How to get started?

Do your employees cheat with their travel expenses?

Martin Eriksen — Mon, 22 Jun 2026 10:00:00 GMT

Oh yes! The headline might sound a bit harsh. But fact is, that expense fraud is a real challenge for many companies. Most organizations know that it happens, but few know the extent of the issue. Grab yourself a good cup of coffee and read on. Lars from Acubiz will share insights to the topic.

TL;DRExpense fraud is more common than most finance leaders realize, and it takes several distinct forms: incorrect private-to-business misclassification, inflated amounts, fictitious receipts, duplicate submissions, and mileage over-reporting. Acubiz finds that electronic route calculation alone reduces total mileage allowance costs by up to 15%, and that company credit cards significantly reduce the cash withdrawal fraud that is hardest to detect.

How to identify fraud?

The coolest playlist for salesmen on the road

Martin Eriksen — Mon, 22 Jun 2026 10:00:00 GMT

You’ve probably been in this situation many times before: You’ve been up extremely early and you only got many miles of highway and some visits to the gas stations in front of you. Lucky for you, music and the open road fits perfectly – and on the road no one can hear you sing (luckily). Therefore, we have made you a playlist that you can listen to when you want to feel freedom on the road.

TL;DRAcubiz curates a driving playlist for salespeople and road warriors facing long stretches of highway between client meetings, with five song recommendations spanning Talking Heads, Paul Simon, Canned Heat, Tom Petty, and Johnny Cash. The post is a light-hearted nod to the reality that sales travel involves a lot of windshield time alongside the client meetings themselves.

”This Must Be The Place – Talking Heads

We love cycling

Martin Eriksen — Mon, 22 Jun 2026 10:00:00 GMT

We are proud to announce that we are new sponsor of the cycling club CK Nordsjælland. Our logo will adorn the cycle clothes of CK Nordsjælland in the future, and we are extremely pleased that Acubiz gets visibility on especially the North Zealand country roads. Of cause we have to mention Tour de France in Denmark as well.

TL;DRAcubiz has become a sponsor of CK Nordsjælland, a cycling club in North Zealand, Denmark. The sponsorship reflects Acubiz founder and CEO Lars de Nully's personal passion for cycling and the company's broader commitment to supporting employees' sports activities through a monthly contribution to physical activity.

Seen from the outside it can be difficult to see the connection between a cycling team and a fintech company. At Acubiz, however, we love all kinds of sports, as we are convinced that the joy of sports has positive effects on people’s mood and job satisfaction. This is the reason that Acubiz pays a fixed monthly amount to the employees’ sports activities.

The local and personal touch

A classic pitfall when implementing SaaS solutions

Michelle Bendix Lauritzen — Mon, 22 Jun 2026 10:00:00 GMT

Our founder and CEO, Lars de Nully, is a competent and frequent writer on our blog, where he discuss and address many topics within and around Expense Management. Lars is without a doubt one of the most influential and knowledgeable persons in Denmark when it comes to digital expense management. Therefore, I read and follow his blog posts with huge interest. In his last blog post, Lars wrote about the importance of keeping the focus on the users and the importance of a good user experience (UX) with regards to adoption of software amongst the employees.

TL;DRA successful SaaS implementation depends less on the software itself and more on how well the organization communicates the change to employees before go-live. Acubiz consultants find that change management, specifically helping employees understand why familiar workflows are being replaced, is the single biggest factor in achieving genuine adoption rather than grudging compliance.