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budget123

“Can a lightweight ERP-overlay for budgeting, forecasting and multi-entity consolidation become the default planning layer across the long tail of Danish SMB accounting systems?”

Founded2007
HQOdense, Denmark
Latest roundBuyout/LBO (acquired by Visma)
IndustryHorizontal SaaS / Accounting
The story

budget123 (operated by Merc IT ApS, founded 2007 in Odense) is a Danish budgeting, reporting and consolidation tool built on top of SMB/mid-market ERPs — e-conomic, Uniconta, Microsoft Dynamics C5/NAV/Business Central, XAL, Visuel Administration and others. It is not an embedded-finance company and does not touch money movement; its product is purely a software overlay that reads bookkept figures from the underlying ERP and turns them into budgets, forecasts, liquidity simulations and consolidated group reporting. The company has since been acquired by Visma Software International and now sits inside the Visma Group's Danish portfolio.

Last 12 months
2026
Product timeline
2007
Merc IT ApS founded in Odense, Denmark, developing the budget123 budgeting and reporting software.· launch
2007
Launch of budget123 — budgeting, liquidity, and reporting software integrating directly with Danish ERP/accounting systems.· launch
2026
Acquired by Visma Software International, becoming an operating subsidiary within the Visma Group.· acquisition
The stack
1 layer disclosed in budget123’s embedded-finance stack
Accounting
e-conomicUnicontaVisuel AdministrationMicrosoft Dynamics C5Microsoft Dynamics NAV (Business Central)Navision StatXALEDB Brugs (KomIT)
Accounting gap: none

budget123 — frequently asked

Which accounting software does budget123 integrate with?

budget123 integrates with e-conomic, Uniconta, Visuel Administration, Microsoft Dynamics C5, Microsoft Dynamics NAV (Business Central), Navision Stat, XAL and EDB Brugs (KomIT).

Where is budget123 headquartered?

budget123 is founded in 2007 and headquartered in Odense, Denmark.

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