The purchasing software for finance

The digital piggy bank for more efficiency in the financial sector

Hivebuy offers you purchasing software that eliminates manual workflows and gives you complete transparency and spending control – without any IT effort. For more focus, more time and more relief for your finance department.

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The purchasing software for finance

5-digit savings from 50 orders per month

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Invoice Management

Automatic invoice processing and checking is just one of the many functions that our purchasing software has. From now on, you will find all invoices clearly arranged in one place, including approval history and all order information.

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Digital approval processes for finances

You can release orders with just one click. The whole thing works via the communication channels you use, such as Slack or Microsoft Teams, and facilitates collaboration between different departments in your company. In addition, company guidelines can be stored as an automatic workflow, leaving you much more time for other tasks.

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Financial reporting and expenditure analysis

Not only do you get a 360° view of your expenses, but you can also have analyses and reports created with just one click. This is because our purchasing software can retrieve and evaluate all the data it needs independently by linking it to your company’s own system landscape. This allows you to recognize trends more quickly and obtain important information about all cost drivers.

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FAQ

Frequently asked questions

Your questions about Hivebuy

How do analyses increase cost transparency?
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 analyses and expense reporting to get a clear picture of your cost structure. See your entire spending history at a glance to identify trends and weak points in your purchasing process. Thanks to the help of automatic alerts, which you can set up individually, you can focus on the essentials again and save costs. With our budget analysis and expense reporting, you can manage your costs more efficiently and maximize your profits.
How do contract and supplier management make everyday life easier?
Maintain control over your suppliers and contracts through automated processes and standardized databases. Thanks to a standardized presentation of all contract details, not only are changes possible quickly, but comparisons between service providers and retailers are also much easier. Automatic reminders of upcoming renewals or changes prevent human error. Finally, the history makes it easier to track changes. With our software, you can create standardized guidelines for supplier selection and contract design and comply with them company-wide. Thanks to the clear presentation and automation, not only are your employees relieved, but you also save time and money.
How does automated workflow management make everyday life easier?
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 in your dashboard you can see the complete approval history with all those responsible.
How secure is eProcurement in terms of data protection?
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. Furthermore, end-to-end encryption provides additional security. Particularly sensitive data, such as invoices, are stored in specially protected entities. Daily backups and redundant systems protect you from data loss.
What does Hivebuys integration mean without implementation effort?
New applications do not always have to involve a high implementation effort in the company. Some things are also easy. eProcurement solutions should be compatible with various ERP systems and webhooks that are already in place in your company.
How do I get more structure through product catalogs and reduce maverick buying?
Products or services are purchased outside the approved supplier network and the approved purchasing process is not followed. This leads to higher costs, a lack of quality control and the inability to revise purchasing activities. 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 design their purchasing processes quickly and efficiently, putting an end to the shadowy existence of maverick buying. The order catalogs are intuitive to use and bring order and overview to the shopping chaos. This way you can ensure that your company receives the best products and services at the best prices and that unauthorized purchases are no longer possible.
Is the purchase associated with high costs and time expenditure?
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 do not 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.
Is the purchase associated with high costs and time expenditure?
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 do not 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.
How secure is eProcurement in terms of data protection?
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. Furthermore, end-to-end encryption provides additional security. Particularly sensitive data, such as invoices, are stored in specially protected entities. Daily backups and redundant systems protect you from data loss.
Who is Hivebuy for?
Find out more about how the Hivebuy platform can be integrated at your company here.
My company is unsure and has reservations about new technologies, what can I do?
Are you unsure how employees will accept new software and whether they will use it at all? Let us convince you of the most intuitive shopping experience! Your employees will love the playful approach. Get a test account and try it out straight away. Our customer service is always available to answer your questions.