Our ambition: to create an integrated Nordic region and make life simpler for small & medium-sized businesses
The vision of NSG is to create value for the SMEs by making real time business data accessible and usable for innovation and growth across the region, in an automatic, consent based and secure manner.
This programme is one of a kind in the Nordic Region and will create value for businesses, public authorities and society by sharing data across the region in an automatic, intelligent and secure manner. Nordic Smart Government is a driver of an integrated Nordic region, which is the ambition of the Nordic Prime Ministers. The programme was launched by the Nordic Ministers of Business in May 2018, and is supported financially by Nordic Innovation.
Once Nordic Smart Government is fully implemented, it will become easier for businesses to operate with other businesses and authorities alike. This requires that systems processing business data – both private and government systems – become connected, so information can flow seamlessly and be shared.
Take a look at our Nordic Smart Government film to find out more about the vision.
Roadmap and Implementation plan
The roadmap of NSG defines the major strategic steps towards strengthening cross-border trade, supporting Nordic integration, and towards establishing an ecosystem based on the business data of Nordic SMEs.The roadmap should not be regarded as a five-year plan set in stone, but more as an agile strategy that identifies the possible actions needed to realize the potential of NSG, step by step.
The implementation plan covers the first implementation period of the Roadmap, from 1 st March 2021 to 30 th June 2024. The six solution areas presented in the Roadmap are in the implementation plan oranized in work streams. This is to ensure sufficient coherence and alignment, handling of dependencies and reducing risks.
Here you find the latest news from Nordic Smart Government
The digitalisation of receipts to boost Finland's move to real-time economy
E-invoicing and e-invoices are commonplace in Finnish government operations – now we want to expand these electronic services to cover receipts
Dialogue with Icelandic business sector at successful stakeholder meeting
The Icelandic national team working on Nordic Smart Government held an open stakeholder meeting February 15th in cooperation with SA Confederation of Icelandic Enterprise.
Standardisation enables data to be shared automatically
The ecosystem will consist of public and private systems handling financial and economic data used by the SMEs in various Enterprise Resource Planning Systems (ERP). Business administration such as transactions and reporting to governmental authorities is supported by the ecosystem, as well as access to financial information for counterparts.
The focus of Nordic Smart Government is to create coherence between existing systems for efficient use and reuse of data. The aim is to utilize SME's data that is already in their ERP system and thus not to provide a governmental database. This means that the already existing digital systems and solutions must apply standardised interfaces (APIs), which will enable them able to share data automatically
Real time data creates value
The ecosystem will provide real time, detailed and structured data on demand, and thus serves the different needs for data in both business and government decisions. The availability of real time data in the ecosystem opens up for new opportunities such as the development of new data-based products and services that can create value for both public and private actors.
- Reducing administrative burdens and saving time by automating financial processes and reporting
- Transparent market and therefore increased trust in business partners
- Data is available for insights and informed business decisions
- Better competition and a more effective Nordic market
- Simplifying cross-border business via aligned standards
- Easier credit validation
- Easier to be an entrepreneur
- Improved access to quality data for innovation and new data-based services
- Innovation, growth and product development
- Access to the Nordic market
- Improved data for more efficient government and administrative purposes
- Improved transparency and tax auditing
- Easier to supervise and control
- Alignment of national digitalisation initiatives
- Minimal document management
The value of making financial data available to Nordic SMEs is estimated to be approx. 25-27 billion Euros yearly from 2027- Estimated by Ernst & Young
The Nordic Smart Government ecosystem
The realization of Nordic Smart Government through an interoperable ecosystem of digital solutions will provide real-time business data for business-to-business and business-to-government. This will save time for the SMEs and increase the quality of data. Moreover, trade in the Nordic region will be simplified, as it will become easier to handle e.g. invoices across borders within the Nordics. It is vital that the governments ensure a democratic data policy with respect for data owners and fair access to data, as opposed to a private monopoly.
All five Nordic Business Registries and several other Nordic authorities are working together on the Nordic Smart Government programme. In the current phase of NSG we are working to define both technical and regulatory needs, to test automated flows of financial data in business-to-business as well as automated reporting business-to-government. This will be performed in collaboration with both public and private partners and based on business processes and user needs.
2016 - Scoping and ideation
- Onboarding sponsors and building the team
- First draft of vision and concept
- High-level conceptual data model and security analysis
2017 - Defining concept
- Business case for business-to-business
- Verifying concept with stakeholders
- Overall requirements: Description of business layer and reference of architecture for ecosystem
- Proof of Concept for automatic generation of financial statements
2018 - Detailing requirements
- Requirements for enabling interoperability in national and Nordic context
- Development of requirements based on user needs and together with stakeholders
- Business case
- Rules for exchange of business data
- Description of automatic business reporting
- Communication, stakeholder involvement and investigation of related project
2020 - Towards realisation
- Define a governance plan for the ecosystem
- Lay out roadmap to realise the vision
- Both private and public actors are expected to deliver interoperable solutions
Nordic Smart Government is a collaboration between 16 Nordic organisations, with the five Nordic Business Registries as project partners. With financial support from Nordic Innovation, the Nordic collaboration on Nordic Smart Government started in 2016. Since then, the programme’s organisation has expanded widely and now consists of the following organisations and countries:
- Iceland Revenue and Customs, Iceland
- The Brønnøysund Register Centre, Norway
- The Danish Business Authority
- The Swedish Companies Registration Office
- The Finnish Patent & Registration Office
- The Finnish Tax Authority
- The Swedish Tax Authority
- The Norwegian Tax Authority
- The Danish Tax Authority
- Statistics Finland
- The Swedish Statistical Agency
- The Danish Statistical Agency
- The Icelandic Statistical Agency
- The Norwegian Statistical Agency
- The Finnish Ministry of Transport and Communications (From 2016 to 2017)
- The Finnish Association of Accounting Firms (2017-2018)