Save money and automate your cost management

Budget analyses and financial reporting make your purchasing management intelligent and reduce costs.

Identify hard-to-spot trends, gain deep insights into key cost drivers and uncover overspending to increase supplier ROI.

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Save up to 70% with Hivebuy!

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Get to know further functions

Analyses & financial reporting

Everything at a glance, 360° transparency, department-specific budget

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Prevention of additional costs

By monitoring spending, companies can prevent overspending and ensure that they are using their budget effectively.

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 simple integration into your BI tool, such as PowerBI.

Further functions

Advantages of analyses and reporting

All relevant analyses in one place. Every change is displayed in real time.

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.

FAQ
Frequently asked questions

Frequently asked questions

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.

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.

Do you have more questions? Contact our customer support team →