Hivebuy: Vendor Analysis — P2P solution overview, roadmap, competitors, user considerations, analyst summary

This Spend Matters Vendor Analysis provides an in-depth look at Hivebuy, a fast-growing solution in the indirect procurement space with a strong focus on small to medium-size enterprises (SMEs) and the middle market within the DACH region.

Founded by procurement and finance experts, Hivebuy has established itself as a transparent, easy-to-onboard platform with seamless integrations to over 100 webshops and 20 ERP systems. With its growing presence in Germany, Austria and Switzerland, Hivebuy offers a procure-to-pay (P2P) platform that addresses common procurement pain points, e.g., uncontrollable/maverick spend, overloaded procurement departments, manual processes between procurement and accounts payable (AP), and supports out-of-the box integration, efficient accruals and budget management and approval workflows.

This analysis looks at Hivebuy’s procure-to-pay solution, its platform and application modules; it gives a competitive landscape assessment, a look at its future roadmap and offers user considerations and an analyst summary.

Here’s why Hivebuy matters:

• To the market — Hivebuy has quickly filled a need for streamlined procurement solutions focused on transparency and ease of use, particularly among small and mid-sized businesses in the DACH region. Its integration capabilities and rapid deployment make it a strong market contender.
• To potential buyers — By addressing issues like maverick spend and procurement bottlenecks, Hivebuy enables teams to implement efficient P2P processes quickly, enhancing visibility and control over indirect spend without lengthy onboarding.