What is e-conomic, and how does a freelance e-conomic specialist work?

By Carsten Bjerregaard, Addcapacity.com

e-conomic is one of the most widely used Danish, cloud-based financial systems for small and medium-sized businesses. The system combines accounting, invoicing, VAT, reporting and integrations in one platform and is widely used by both companies and accounting firms. e-conomic is modular and can be expanded with warehouse, project management and integrations to payroll and CRM systems. This makes the platform suitable for growing companies where needs develop over time. A freelance e-conomic specialist ensures correct setup, data quality and process structure, so that the system supports management’s decision-making – not just daily accounting.

1. What are the basic functions and core purposes of e-conomic?

The core purpose of e-conomic is to create digital and structured financial management. The system handles financial accounting, debtor and creditor management, VAT and reporting in real time. The strength lies in the combination of user-friendliness and flexibility. The platform integrates easily with banks, payroll systems and other business systems.

Core functions

• Finance and voucher accounting
• Invoicing and debtor management
• VAT and tax reporting
• Bank reconciliation
• Integrations and API

A specific example: A trading company integrates its webshop and bank directly into e-conomic and significantly reduces manual accounting tasks.

2. What business value does e-conomic create?

e-conomic creates business value by giving management an ongoing overview of liquidity, costs and earnings. When data is recorded correctly, reporting becomes an active management tool. For the finance function, this means efficiency and fewer manual processes. For management, it means a better basis for decision-making.

Value-creating elements

• Real-time financial overview
• Effective accounting
• Improved liquidity management
• Digital documentation
• Scalable structure

In practice: A growth company uses e-conomic to monitor coverage ratios and adjust purchasing strategy.

3. How comprehensive is e-conomic – and who is the system suitable for?

e-conomic is suitable for small and medium-sized companies and growth companies with a need for flexible financial management.

The system can handle both simple and more advanced needs, but is not a full ERP solution for large groups.

Typical organizations

• SMEs
• Growth companies
• Trade and service companies
• Project-based companies
• Companies with accountant cooperation

An example: A consulting company uses the project module to track earnings per customer.

4. What other systems are available in the same category?

e-conomic operates in the market for financial systems for the SME segment. The choice depends on complexity and integration needs.

Alternative platforms

• Dinero
• Billy
• Visma eAccounting
• Business Central (in a smaller setup)

In practice: e-conomic is often chosen when the company needs greater flexibility than the very simple systems.

5. What role and tasks can a freelance e-conomic specialist perform?

A freelance e-conomic specialist works with setup, optimization and structuring. The focus is on correct chart of accounts, VAT setup and integration with other systems. The specialist can also act as a sparring partner for management in relation to reporting and key figures.

Typical tasks

• Setup and adaptation of chart of accounts
• Structuring of accounting processes
• Integration with bank and payroll
• Reporting and key figures
• Preparation for audit

A specific scenario: A freelancer optimizes the chart of accounts and creates better reporting at product level.

6. What work-related and financial benefits can you achieve by using a freelance specialist?

Although e-conomic is user-friendly, optimal utilization requires system understanding and accounting insight. An experienced freelancer can quickly create structure and reduce errors. The collaboration can be project-based or ongoing as financial sparring.

Advantages in practice

• Quick and correct setup
• Fewer errors in VAT and accounting
• Flexible use of resources
• Lower cost than permanent employment

In practice: A company uses a freelancer to consolidate the finances before investor dialogue.

7. What are the advantages of using a freelancer rather than an agency or consultancy?

For e-conomic tasks, many companies choose freelancers rather than larger consultancy firms. The need is often specific and targeted.

Hourly rates are typically 30–40% lower, and efforts can be focused on the most value-creating activities.

Important differences

• 30–40% lower hourly rates
• Direct dialogue
• Fast implementation
• Less organizational overhead

A typical choice: The freelancer helps with structure and then hands over the system for internal operation.

How do you quickly get in touch with freelance e-conomic specialists who match your tasks?

e-conomic specialists have different strengths – some are strongest in accounting and VAT, others in integration and reporting. At Addcapacity.com, we take the specific tasks and the function to be solved as our starting point – whether the work is hands-on setup or strategic financial sparring.

We have a large network of experienced finance profiles and help identify three strong candidates who match both expertise and scope. You can use the “Get 3 strong candidates” function. It is non-binding, and we always make an initial call to clarify the need and ensure the right match.

The process in brief

• Clarification of needs and complexity
• Selection of 3 relevant candidates
• Dialogue and quick start-up