CostBits
6.9#1 in spend analysis softwareFrom €171 a monthWeb
VisitCostBits vs ivoflow Spend Analytics
ivoflow Spend Analytics
6.1#6 in spend analysis softwareFrom €59 a monthSelf-hosted
VisitWhat both publish
| Fact | CostBits | ivoflow Spend Analytics |
|---|---|---|
| Headquarters | Copenhagen, Denmark | Koblenz, Germany |
| Hosting | The SaaS agreement says customer data is hosted by CostBits after capture, cleaning, enrichment and stitching. | The company offers Microsoft Azure cloud hosting in shared or isolated customer environments, as well as hosting on-premise in the customer's infrastructure. |
| Integrations | Listed ERP integrations include Dynamics 365 Business Central, Dynamics 365 Finance & Operations, Business Central On-Prem, Navision, Axapta, and custom integrations such as SAP, Oracle, Infor M3, and IFS. | ivoflow says it can integrate with any ERP and names SAP, Infor, and Oracle among systems connected through its SAP-certified partners. |
| Security | The data processing agreement describes risk-based technical and organizational security measures, including possible encryption, confidentiality, resilience, restoration, and regular testing. | ivoflow says it is ISO 27001 and ISO 9001 certified and that hosted data is encrypted and continuously monitored. |
CostBits plans
- Gold€171 a month
- Silver€239 a month
- Bronze€327 a month
- Business—
- Enterprise—
- Small—
ivoflow Spend Analytics plans
- User subscription€59 a month
- Onboarding fee€66,300, paid once
- Platform feePriced on request
Pick CostBits if…
CostBits suits procurement and finance teams at medium-sized companies that want spend oversight across transactions, contracts and invoices. Plan limits and data access differ by tier.
Pick ivoflow Spend Analytics if…
You want what its maker publishes above — check its page for the details.