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On the recordRead 15 Oct 202644 facts
CostBits
Copenhagen, Denmark
Plans and prices
Gold
€171a month
11-15 users · implementation fees may apply
Read 15 Oct 2026 · costbits.com
Silver
€239a month
6-10 users · implementation fees may apply
Read 15 Oct 2026 · costbits.com
Bronze
€327a month
1-5 users · implementation fees may apply
Read 15 Oct 2026 · costbits.com
Business
Priced on request
Up to 20 legal entities · 50 users · 200 contracts · 5 scenario builders
Read 29 Sep 2026 · costbits.com
Enterprise
Priced on request
Unlimited legal entities, users, and contracts · dedicated data team · custom ERP integrations priced on request · data cleaning and categorization SLA
Read 29 Sep 2026 · costbits.com
Small
Priced on request
1 legal entity · 5 users · 10 contracts · chat support
Read 29 Sep 2026 · costbits.com
On the record
- AI data cleaning
- The platform uses AI to clean, normalize, merge and categorize procurement data from multiple sources.costbits.com · read 15 Oct 2026
- Analytics
- The platform offers spend analytics, with a core dashboard in the Small plan and full analytics in Business and Enterprise.costbits.com · read 29 Sep 2026
- Company focus
- LinkedIn describes the company as using deep data analytics to help SMEs execute procurement effectively and responsibly.linkedin.com · read 15 Oct 2026
- Company founding
- LinkedIn states that CostBits was founded in 2020.linkedin.com · read 15 Oct 2026
- Company headquarters
- LinkedIn lists headquarters at Applebys Plads 7, Copenhagen, Denmark.linkedin.com · read 15 Oct 2026
- Company location
- The company lists Copenhagen, Denmark, as its location.costbits.com · read 29 Sep 2026
- Company size
- LinkedIn lists CostBits as a privately held company with 11–50 employees.linkedin.com · read 15 Oct 2026
- Contract alerts
- Automated expiration, renewal, notice-period and compliance alerts are included in the contract repository.costbits.com · read 15 Oct 2026
- Contract fields
- Contracts can hold financial commitments, payment terms, notice periods, termination clauses and penalty conditions as structured data.costbits.com · read 15 Oct 2026
- Contract repository
- The contract module stores active, draft and expired supplier agreements in one dashboard with ownership and commitment information.costbits.com · read 15 Oct 2026
- Contract term limit
- The SaaS agreement sets a minimum 12-month initial term and automatic 12-month renewals unless cancelled with at least three months’ notice.costbits.com · read 15 Oct 2026
- Custom deployment
- CostBits offers a custom service that embeds reused platform components inside a customer’s own environment and integrates with its ERP and finance stack.costbits.com · read 15 Oct 2026
- Custom development
- Its bespoke-development offering can produce ground-up spend or data platforms with client-owned code priced per project.costbits.com · read 15 Oct 2026
- Data access
- The Small plan provides view-only access without user exports, while Business and Enterprise include full data export and raw data access.costbits.com · read 29 Sep 2026
- Data cleaning
- CostBits uses AI to clean, normalize, and categorize fragmented procurement data from source systems.costbits.com · read 29 Sep 2026
- Data refresh
- The pricing comparison lists monthly data sync for Starter and live sync for Business and Enterprise.costbits.com · read 29 Sep 2026
- Detected issues
- The product page advertises more than 53 critical financial-data issues and another page lists more than 75 targeted live controls.costbits.com · read 15 Oct 2026
- ERP integration
- The service offers native ERP data extraction and specifically lists Microsoft Dynamics 365 Business Central integration.costbits.com · read 15 Oct 2026
