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Cost Capitalization

Capitalize software development costs without the spreadsheet exercise.

Hivel automates software capitalization across every project, sprint, and developer. Map engineering effort to capitalized software costs in real time, with audit-ready reports finance and engineering both trust.

From engineering activity to audit-ready capitalization report.

Classify CapEx vs OpEx using your existing Jira labels

Map Jira labels, issue types, and Epic categories to capitalizable or non-capitalizable buckets. Every sprint, every ticket gets classified the same way. No more retroactive guesses at quarter-end.

Convert capitalizable hours into capitalized software costs automatically

Apply your team's fully-loaded engineering cost and Hivel calculates capitalized software costs per project, sprint, and developer. The number that goes on the balance sheet, derived from real activity data.

See which projects capitalize, and which ones don't

Every project shows its CapEx vs OpEx split, total capitalizable effort, and dollar value. Spot the projects that should be capitalized but aren't classified yet. Or vice versa.

Export the report your auditor wants in one click

Generate quarterly or annual capitalization reports with full transparency on methodology, classification rules, and per-project breakdowns. Defensible numbers, traceable back to source Jira tickets and Git commits.

Four tabs. Every angle on engineering effort.

Custom classification rules

Configure rules by Jira label, issue type, Epic, sprint, or project. Match your organization's existing capitalization policy without rebuilding it.

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Historical recalculation

Update a rule and historical data reclassifies automatically. Useful when accounting policy changes mid-year or after an auditor review surfaces an inconsistency.

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Per-developer allocation

Allocate developers across multiple projects with different capitalization treatments. Hours flow to the correct project automatically based on linked tickets.

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Methodology transparency

Every reported number traces back to its source. Auditors see the rules applied, the tickets included, and the calculations behind each total.

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Hivel × Freshworks Case Study Card
Freshworks NASDAQ: FRSH

How Freshworks measured AI impact across 1,500 engineers — in real time

The Challenge

No standard way to measure AI adoption across 1,500 engineers
Couldn't tell which AI tools were helping vs just running
Surveys were the only answer — slow, expensive, inaccurate
1,500+ Engineers · AI ROI Measurement · NASDAQ: FRSH
40% Increase in engineering throughput
50% Reduction in rework and maintenance
25% More features released in key business units
10% Improvement in time-to-market

Frequently asked questions

Can all software development costs be capitalized?

No. Software capitalization rules vary by accounting framework (US GAAP, IFRS) and software type (internal-use vs. for-sale). Typically, costs during the application development stage qualify, while preliminary planning and ongoing maintenance do not. Hivel applies your defined rules consistently across every project.

What's the difference between internal-use and external software capitalization?

Internal-use software (ASC 350-40) is software developed or acquired for the company's own use. External or for-sale software (ASC 985-20) is software sold to customers. Each has different capitalization thresholds and timing rules. Hivel supports both with separate rule sets and reports.

How does Hivel determine which work is capitalizable?

You configure the rules. Map Jira labels, issue types, Epics, and projects to capitalizable or non-capitalizable buckets. Hivel applies them automatically to every ticket, sprint, and developer hour. Your accounting policy stays in your control.

Trusted by 1000+ Engineering Teams

Vaibhav Bansal
V.P. Engineering
"Hivel has been phenomenal in helping us present our progress to leadership. Its insights into leading indicators have empowered our team leads to enhance review efficiency and ship features faster. Now, we are able to show the impact of our process changes, clearly identify areas of opportunity, and bring in a data-driven culture without spending time pulling manual reports."
Murali Swaminathan
Chief Technology Officer
"We were looking for a unique solution to understand engineering productivity and efficiency, with a single tool that could give leaders complete visibility. We evaluated other comparable tools, but none were comprehensive enough. When we came across Hivel, it checked all the boxes for measuring developer productivity across both AI and non-AI workflows."
Derek Mackie
Director of Engineering
"Using Hivel shone a light on the non-standard aspects of our work, emphasizing the need for crucial adjustments. The insights from Hivel helped us recognize areas for improvement, particularly in managing cycle times and streamlining development workflows. This guidance has been instrumental in our efforts to enhance operational efficiency and productivity."
Leonardo Pinheiro Ferrari
Chief Technology Officer
"Thanks to Hivel, we've seen a staggering 157% improvement in our deployment frequency. By identifying and addressing inefficiencies, and adopting best practices, we've significantly accelerated our progress. Hivel has been instrumental in our journey to operational excellence."
Chris Callander
Senior Engineering Manager
"Hivel has been instrumental in identifying areas for enhancement and guiding our strategic improvements. It has significantly contributed to our journey toward greater operational efficiency. The Activity and Dev360 features in Hivel have been particularly valuable for providing feedback to engineers during 1-1's, enhancing our communication and development practices."
Shiro Theuri
Chief Technology Officer
"Before Hivel, understanding our engineering team's dynamics was a game of guesswork. Now, with Hivel's clear dashboards and insights, our leaders have the clarity and time-saving tools they need to excel. It's been transformative in streamlining our operations."
Koti Reddy
Chief Technology Officer
"Incorporating Hivel into our daily operations has been a game-changer. It's not just a tool; it's a part of our strategic decision-making process, trusted by our leaders at every level. The impact on our engineering efficiency is undeniable and deeply valued."
Manoj Awasthi
Chief Technology Officer
"It has been great to partner with Hivel to get access to insights that help leaders at all levels gain visibility into bottlenecks and challenges that the teams face, build actionable plan to resolve them and track the progress over time. And thanks for the fantastic support!"
Ameen M
Engineering Manager
"Hivel has made a huge difference to how I manage my teams. Before every one-on-one or appraisal, I rely on it to dive into developer metrics and drive truly meaningful conversations. It helps me spot rework patterns, reward high performers, and benchmark our teams even against our US counterparts. The dashboards are intuitive, insightful, and honestly far more actionable than anything we get from Jira."
Paras Sood
Associate Director
"Hivel's insights have been pivotal in refining our engineering processes, elevating both efficiency and the developer experience. We're now making smarter decisions, faster, thanks to Hivel."
Vaibhav Bansal
V.P. Engineering
"Hivel has been phenomenal in helping us present our progress to leadership. Its insights into leading indicators have empowered our team leads to enhance review efficiency and ship features faster. Now, we are able to show the impact of our process changes, clearly identify areas of opportunity, and bring in a data-driven culture without spending time pulling manual reports."
Murali Swaminathan
Chief Technology Officer
“We were looking for a unique solution to understand engineering productivity and efficiency, with a single tool that could give leaders complete visibility. We evaluated other comparable tools, but none were comprehensive enough. When we came across Hivel, it checked all the boxes for measuring developer productivity across both AI and non-AI workflows.”
Vaibhav Bansal
V.P. Engineering
"Hivel has been phenomenal in helping us present our progress to leadership. Its insights into leading indicators have empowered our team leads to enhance review efficiency and ship features faster. Now, we are able to show the impact of our process changes, clearly identify areas of opportunity, and bring in a data-driven culture without spending time pulling manual reports."
Derek Mackie
Director of Engineering
"Using Hivel shone a light on the non-standard aspects of our work, emphasizing the need for crucial adjustments. The insights from Hivel helped us recognize areas for improvement, particularly in managing cycle times and streamlining development workflows. This guidance has been instrumental in our efforts to enhance operational efficiency and productivity."
Leonardo Pinheiro Ferrari
Chief Technology Officer
"Thanks to Hivel, we've seen a staggering 157% improvement in our deployment frequency. By identifying and addressing inefficiencies, and adopting best practices, we've significantly accelerated our progress. Hivel has been instrumental in our journey to operational excellence."

"The only tool our entire leadership team actually trusts"

- CTO, Enterprise
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