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by J_Sherz 3372 days ago
Will Hivy have vendors built into the system? Allowing employee's to search for products they want and then have the office manager buy the items through Hivy seems like a great potential revenue stream.
1 comments

Great question! We've already built an Amazon integration that lets office managers convert employees requests into direct purchases on Amazon. And we plan to build many more in the future.
Any plans to integrate with existing procurement systems, manage approved vendors, handle approval levels/purchase limits, asset tracking/management, invoice management, etc.?
Yes, we do have features that let you manage and approve vendors and multiple approval workflows. Invoice management is on the way. What procurement systems were you thinking of?
If you're planning to go in the big-enterprise space... the big one is Oracle Financials. Many companies use it to manage vendors, purchase sites, GL codes, buyers, approval levels, an item master, net payment terms, etc.

You guys are on the right track, but eventually you're going to hit a wall where you'll need some serious maturity with procure-to-pay.

I'm not sure how the tone of this comes across, or if it's in any way negative because you guys are onto something... but have a lot of competition that is often deeply integrated (see Service-Now catalogs for example).

Thanks for your analysis! The market is huge. There's a lot to be achieved on the SMB market before hitting a wall luckily.