By monitoring spending, companies can prevent overspending and ensure that they are using their budget effectively.
Save money and automate your cost management
Budget analysis and financial reporting make your procurement management intelligent and reduce costs.
Identify hard-to-spot trends, gain deep insights into key cost drivers and uncover overspending to increase supplier ROI.
Save up to 70% with Hivebuy!
Hivebuy is already worthwhile from 10 orders per month. See for yourself!
Cost savings
With good contract and supplier management, companies can reduce the costs of complying with contracts.
Legal security
Companies can more easily ensure that all contracts comply with legal requirements.
Increased quality
Thanks to the overview and comparability, the quality of the products and services supplied can be improved and costs reduced.
Features
Analyses & financial reporting
Everything at a glance, 360° transparency, department-specific budget
Increased transparency
Purchasing software gives companies a better overview of their spending, which helps them to manage their finances more effectively and make decisions based on data.
Data fidelity
All expenditure information is stored centrally. This ensures consistent data recording, which is important for reliable budget analysis and expenditure reporting.
Increased efficiency
The purchasing software automates many processes related to budget analysis and spend reporting, saving time and resources and making the process more efficient. With easy integration into your BI tool, such asPowerBI.
Integrations
ERP integration can be that simple
Our integrations with ERP & accounting systems enable your employees to shorten work processes. The purchasing software integrates into your system landscape so that everything works harmoniously.
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FAQs
Frequently asked questions
Gain control over your costs, transparency and an overview of all data, because thanks to our powerful analysis functions you can easily visualize and analyze your costs. With our cost management tool, you can perform budget analysis and expense reporting to get a clear picture of your cost structure. See your entire spending history at a glance to identify trends and weaknesses in your purchasing process. Thanks to the help of automatic alerts that you can set up individually, you can focus on the essentials again and save costs. With our budget analysis and spend reporting, you can manage your costs more efficiently and maximize your profits.
Maintain control over your suppliers and contracts through automated processes and standardized databases. Thanks to a uniform presentation of all contract details, not only are changes possible quickly, but comparisons between service providers and dealers are also much easier. Automatic reminders of upcoming renewals or changes prevent human error. Finally, changes can be tracked more easily thanks to the history. With our software, you can create standardized guidelines for supplier selection and contract design and adhere to them company-wide. Thanks to the clear presentation and automation, not only are your employees relieved, but you also save time and money.
You want to speed up your indirect purchasing. The best way to do this is to optimize your ordering and approval processes. Our purchasing software can automate recurring tasks such as placing orders, obtaining quotes and tracking deliveries. This minimizes human error and saves time. We also simplify internal communication by using predefined routines to regulate approvals. Thanks to integrations such as Microsoft Teams and Slack, approvals can be granted with a single click in future. Your employees receive clear budget frameworks and you can see the complete approval history with all responsible parties in your dashboard.
How secure is my exchanged data and information in a cloud? You can be sure that your data is in the best hands with us. We attach great importance to data protection. Our data center is located in Germany and your data never leaves Europe. What's more, end-to-end encryption provides additional security. Particularly sensitive data, such as invoices, is stored in specially protected entities. Daily backups and redundant systems protect you from data loss.
New applications in the company do not always have to involve a great deal of implementation effort. Some things can also be done simply. eProcurement solutions should be compatible with various ERP systems and webhooks that are already established in your company.
Products or services are purchased outside the approved supplier network and the approved purchasing process is not followed. This leads to higher costs, lack of quality control and lack of reworkability of the purchasing activity. This is why many companies set guidelines. However, at least 30% of the company's purchases do not comply with the purchasing guidelines. With standardized order catalogs, companies can make their purchasing processes fast and efficient, putting an end to the shadowy existence of maverick buying. The order catalogs are intuitive to use and bring order and overview to the purchasing chaos. You can ensure that your company receives the best products and services at the best prices and that unauthorized purchases are no longer possible.
Are you worried that the investment won't pay off because set-up fees, implementation costs and training will tie up too many resources? Our promise to you: We don't charge a set-up fee, you only pay per user. Hivebuy is implemented so quickly that hardly any resources are required. The procurement software is ready for use company-wide within 1 hour. Employee training is redundant thanks to the intuitive usability of the software.
Products or services are purchased outside the approved supplier network and the approved purchasing process is not followed. This leads to higher costs, lack of quality control and lack of reworkability of the purchasing activity. This is why many companies set guidelines. However, at least 30% of the company's purchases do not comply with purchasing guidelines. With standardized order catalogs, companies can make their purchasing processes fast and efficient, putting an end to the shadowy existence of maverick buying. The order catalogs are intuitive to use and bring order and overview to the purchasing chaos. You can ensure that your company receives the best products and services at the best prices and that unauthorized purchases are no longer possible.