What is subscription management software?

Subscription management software is software that tracks recurring payments. At Payhawk, our customers can use the built-in subscription management feature to mark recurring payments. Our software automatically highlights payments that appear to be potential subscriptions. Your finance team will have better visibility of cash flow for budget forecasting and your accounts will always be topped up to cover upcoming recurring costs.

Will Payhawk’s subscription management software help grow my business?

Subscription management is very important for business growth. From office rent to HR tools, recurring expenses are significant to companies of all sizes. All organizations – especially growing businesses – need to keep a close eye on spending and cash flow. Companies can avoid cost creep, duplicate payments, and unexpected charges by using subscription management software. Knowing your company’s spending is vital for growing businesses,and staying in control of recurring expenses can help growing businesses stay proactive with their finances rather than reactive.

What is the cost of subscription management software?

With Payhawk, our subscription management feature is built into the tool with no additional charge.

Subscription management & recurring payments
Understand your company’s recurring spend

Monitor all your company’s recurring payments in one place to stay informed and make better decisions.

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Stop wasting money on unused business subscriptions

From SaaS tools to your office lease, recurring costs often make up a large part of overall company spend. Our subscription management software will monitor all of your subscriptions for you, no matter how you choose to pay for them.

Payhawk employees discussing the hidden costs of software subscriptions

Uncover hidden costs

We group your business subscriptions by provider for a complete overview of recurring payments per vendor. Streamline ways to save on spending with our proactive search for recurring payments.

Eliminate cost creep

Analyze fluctuations in subscription amounts over the past 12 months with real-time month-over-month comparisons by utilizing variance analysis on individual or business subscription fees.

A scope creep reduction feature from Payhawk's subscription spend management application

Business travel expense application showing how easy it is to calculate per diems, mileage, and reimburse employee business trip expenses

Avoid overspending

Eliminate wasteful spending on unused or duplicate subscriptions. Our proprietary subscription management software gives you essential data such as transaction date and time, helping you easily eliminate wasteful spending and saving your business time and money.

Check and update ownership

Stay in control of recurring payments by quickly seeing who owns what across individuals and departments and the payment method. Easily monitor subscriptions across the business and track which need to be moved when someone leaves, so there's no interruption of service

People working and discussing subscriptions

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Smart subscription-spend tracking

Never go short

We predict the amount to be billed for each subscription, so you ensure the card has enough funds to cover the cost or consider cancelling or moving the subscription as desired.

Cover your expenses

Have a department head with an over-budget subscription? They can request additional funds on the Payhawk app, following all the usual approval workflows.

Top-up easily

Adjust monthly limits and associated budgets when topping up cards to ensure that all planned subscription spend can be covered.

Never go short

We predict the amount to be billed for each subscription, so you ensure the card has enough funds to cover the cost or consider cancelling or moving the subscription as desired.

Cover your expenses

Have a department head with an over-budget subscription? They can request additional funds on the Payhawk app, following all the usual approval workflows.