Complete visibility, automation, and insights for your spend management
costBeacon provides everything you need to monitor price changes, automate workflows, and gain actionable insights that protect your margins and drive savings.
Complete Visibility Into
Your Spend Intelligence
See every price change and benchmark suppliers across your entire supply chain. costBeacon gives you the visibility you need to make informed decisions.
- Spend Intelligence - Track price changes across all vendors and products in real-time
- Invoice Upload - Upload invoices in any format (images, PDFs, digital files)
- Price History Tracking - Track price history on products over time
Automate Your Workflows
and Save Time
Eliminate manual work with automated processing, intelligent alerts, and real-time detection. Let costBeacon handle the routine tasks so your team can focus on strategy.
- Alert Workflows - Customize notifications and actions based on price change thresholds
- Automated Processing - Process multiple invoices simultaneously with batch upload capabilities
- Real-Time Detection - Automatically detect price changes as invoices are processed
Actionable Insights
That Drive Savings
Turn data into decisions with savings insights, executive dashboards, and cost analytics. Understand your spend patterns and identify opportunities to reduce costs.
- Savings Insights - Identify cost reduction opportunities and track savings over time
- Executive Dashboards - High-level views of spend trends, savings, and key metrics
- Cost Analytics - Detailed analytics and reporting on your spend patterns
Everything you need to stay ahead
costBeacon combines powerful automation, intelligent insights, and comprehensive visibility to give you complete control over your spend management.
Complete visibility into your spend
Spend Intelligence
Track price changes across all vendors and products in real-time. Our proprietary AI processes thousands of invoice lines per hour, automatically detecting price increases, decreases, and anomalies.
Invoice Upload
Upload invoices in any format that works for you - images (JPG, PNG), PDFs, or digital files. Our proprietary AI automatically extracts and processes invoice data regardless of format or layout.
Price History Tracking
Track price history on products over time. See how prices have changed across different vendors and time periods, helping you identify trends and make informed purchasing decisions.
Automated workflows that save time
Alert Workflows
Customize notifications and actions based on price change thresholds. Set up intelligent workflows that automatically notify the right team members when prices exceed your defined limits.
Automated Processing
Process multiple invoices simultaneously with batch upload capabilities. costBeacon automatically extracts product data, prices, and line items from invoices without manual data entry.
Real-Time Detection
Automatically detect price changes as invoices are processed. The system compares new prices against historical data and flags discrepancies instantly, ensuring you catch cost increases immediately.
Actionable insights that drive savings
Savings Insights
Identify cost reduction opportunities and track savings over time. costBeacon analyzes your spend patterns to highlight areas where you could negotiate better prices or consolidate suppliers.
Executive Dashboards
High-level views of spend trends, savings, and key metrics. Get a comprehensive overview of your organization's spend health with customizable dashboards.
Cost Analytics
Detailed analytics and reporting on your spend patterns. Understand where your money is going, identify cost trends, and make data-driven decisions to optimize your purchasing strategy.
Ready to protect your margins?
Start automating price change detection today
See how costBeacon can transform your spend management.