Rivhit

What Rivhit does

Rivhit Business Software Ltd. (ריווחית תכנות עסקי בע"מ) is a privately held Israeli software company headquartered in Tel Aviv that has provided business management, accounting, and financial software solutions to Israeli businesses for over 20 years. Its product portfolio spans a cloud-based ERP platform (Rivhit Online, with Basic, Plus, and Pro subscription tiers), a full desktop ERP suite (Rivhit 220), a standalone credit card processing gateway (iCredit), a cloud invoicing platform (Invoice Online), payroll software (Rivhit Salary), a paperless accounting module (Rivhit DOCS), a financial reporting tool for accountants (C-Report), and vertical-specific modules for lawyers (Rivhit Attorneys) and colleges (Rivhit Colleges). The technology is built around Israeli tax and compliance requirements — PCN874 allocation numbers, VAT/withholding tax reporting, Israel Tax Authority income tax registration approval (#176203), EMV and PCI DSS Level 1 payment standards, digital signatures, and Bank Pages auto-import for reconciliation — with a public API and e-commerce plugins for WooCommerce, Magento, PrestaShop, OpenCart, VirtueMart, Drupal, and CS-Cart.

The company serves two primary customer segments: small and medium businesses (from sole proprietors to multi-company mid-size firms) and accounting/tax-consulting practices (roofei cheshbon, yoatzei mas) that manage multiple client books. Revenue is generated through low-priced SaaS subscriptions (60–120 NIS/month for Online tiers), usage-based invoicing tiers (19–119 NIS/month capped at document volumes), per-user and per-company add-ons, transaction-based iCredit payment processing fees, and terminal hardware sales. Distribution is hybrid: a self-serve PLG motion via online registration with a 30-day free trial, an inside sales team reachable by telephone, a dedicated channel for accountant practices, and a developer-facing API. Operations are Israel-only — new registrations are restricted to businesses operating within the State of Israel — and the company runs a support center of approximately 100 telephone representatives with accounting training. Under CEO Ilan Gat, the company has stated a strategic intent to reposition Rivhit as a 'smart, automated, and connected engine' for Israeli SMBs.

Name

Rivhit

Legal name

Rivhit Business Software Ltd. (ריווחית תכנות עסקי בע"מ)

Website

https://rivhit.co.il

Company type

Private

Founded year

2025

Operating status

Operating

Headcount range

51–100 employees

Short description

Rivhit is a privately held Israeli software company that provides cloud and desktop accounting, ERP, payroll, invoicing, and credit card processing (iCredit) software to Israeli small businesses, accountants, and tax consultants, with pricing from 19 to 120 NIS per month and a 20-year operational history.

Ownership category

akta.pro rank

Product category

Accounting & ERP Software

NAICS

Software Publishers (513210)

SIC

Services-Computer Programming Services (7371)

akta.pro primary industry

Core ERP Suites (Financials, Procurement, Projects) (HDAEAEAA)

akta.pro secondary industry

Embedded Tax, Accounting & Invoicing Finance (FSAGALAJ)

Keywords

• Cloud accounting software
• Business management software
• Credit card processing
• Payroll management
• Digital invoicing

Headquarters

HQ city

Tel Aviv

HQ country

Israel

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

1. SaaS Subscriptions (ריווחית אונליין): Monthly or annual subscription for cloud ERP/accounting software. Three tiers: Basic (60₪/mo), Plus (85₪/mo), Pro (120₪/mo). Additional per-user and per-company fees. Promotional pricing: 50% discount for first 6 months for new customers.
2. Per-User / Per-Company Add-Ons: Additional users billed at 30₪ + VAT/month; additional companies at 108₪/mo (Basic), 168₪/mo (Plus), 210₪/mo (Pro).
3. Document-Based Billing (חשבונית אונליין): Usage-based pricing based on number of documents issued per month. Plans: up to 50 docs (19₪/mo), up to 200 (39₪/mo), up to 500 (69₪/mo), up to 1000 (119₪/mo). Credit card processing addon of 40₪/mo.
4. Credit Card Processing (iCredit): Transaction-based credit card clearing fees. Monthly fees based on document volume: up to 100 docs (69₪), up to 200 (85₪), up to 500 (121₪). Additional modules: tokenization (30₪/mo), standing orders (45₪/mo), 3DS verification (50₪/50 checks). Terminal setup fees: 99₪–150₪ + VAT.
5. API Usage Fees: Document generation via API is billed per usage in addition to base subscription. Discounted promotional rates for first year.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Rivhit sells cloud and desktop accounting, ERP, payroll, digital invoicing, and credit card processing software to Israeli small and medium businesses, accountants, tax consultants, and specialized verticals. Its flagship product is Rivhit Online, a cloud ERP offered in Basic, Plus, and Pro tiers, accompanied by the Rivhit Business 220 desktop suite, iCredit payment gateway, Online Invoicing SaaS, and Rivhit Salary payroll module.

Product overview

Rivhit (ריווחית) is an Israeli business management software company offering a comprehensive portfolio of products under a unified umbrella. The core offerings include Rivhit Online (a cloud ERP platform with three subscription tiers: Basic, Plus, and Pro) and Rivhit Business/Accounting 220 (a full desktop ERP suite). The product ecosystem also includes iCredit (a standalone credit card payment gateway), Online Invoicing (חשבונית אונליין, a separate cloud invoicing SaaS), and Rivhit Salary (payroll). The platform is modular — multiple add-on modules (DOCS paperless accounting, Digital Signature, Israel Invoices, Bank Pages, Check Scanner, VAT/MAO, Marketing Networks, Online Orders, and POS terminals) extend the core accounting and ERP capabilities. For developers, an API enables third-party integrations, and free official plugins are provided for WooCommerce, Magento, PrestaShop, OpenCart, VirtueMart, Drupal, and CS-Cart e-commerce platforms. The company targets both independent businesses (self-employed to mid-size) and accountant/representative firms, with separate solutions tailored for lawyers and colleges.

Differentiator

Problem solved

Functional benefit

Brands

• iCredit: Credit card processing and payment gateway service for businesses, including POS, online, and mobile payment solutions.
• Invoice Online (חשבונית אונליין)
• C-Report
• Rivhit Payroll (ריווחית שכר)
• Rivhit DOCS
• Rivhit POS / Kupa Rossheet (ריווחית קופה רושמת)
• Rivhit Attorneys (ריווחית עורכי דין)
• Rivhit Colleges (ריווחית מכללות)

Products and services

• Rivhit Online (Cloud ERP) Cloud-based ERP and accounting platform providing double-entry and single-entry bookkeeping, Israeli e-invoicing with PCN874 allocation numbers, inventory, multi-currency support, payroll integration, and integrated iCredit payment processing for Israeli SMBs and accountants.
• Rivhit Business / Accounting 220 (Desktop ERP) Full desktop-installed ERP suite for businesses preferring on-premise accounting software, with versions 90, 125, and 220 covering double-entry bookkeeping, payroll, inventory, POS, and specialized modules for lawyers and colleges.
• Online Invoicing (חשבוניות אונליין) Standalone cloud-based digital invoice and receipt generation platform for Israeli businesses, offering digitally signed invoices, delivery documents, online payment integration, and export to external accounting systems such as Hashavshevet.
• iCredit (Credit Card Processing) Standalone credit card processing and payment gateway covering POS terminals, online/e-commerce, and mobile payments with PCI DSS Level 1 certification, EMV compliance, 3D Secure authentication, tokenization, multi-currency support, and automatic invoice generation synced to Rivhit Online inventory and customer balances.
• Rivhit Salary (Payroll Software) Payroll management software available as both a standalone desktop installation and as an integrated module within Rivhit Online, handling salary calculations, payslip generation, tax deductions, and reporting for Israeli payroll requirements.
• Rivhit C-Report Standalone accountant-focused reporting and financial analysis module providing aggregated financial reports and insights across client portfolios, targeted at accountants and tax consultants managing multiple business clients.
• Rivhit POS / Cash Register (Kupa Roshnet) Point-of-sale cash register solution offered as both desktop and online (Kupa Roshnet) versions, integrated with Rivhit Online inventory and sales reporting, with EMV-compliant card-reader hardware available for purchase.

Quantifiable outcome

• Free month trial with full telephone support during trial period
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration17 records

Feature11 records

Partnerships

One partnership is on record.

• ישראכרט (IsraCard)coreTechnology or IntegrationSpecial partnership with IsraCard for credit card clearing. Joint 'Network Payment' (תשלום רשת) product for small businesses with special rates, managed through iCredit system.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Xero: Global cloud accounting platform serving SMBs and accountants with double-entry bookkeeping, invoicing and bank reconciliation. Comparable in cloud-first SaaS architecture and accountant-channel GTM, though Xero targets multi-country markets versus Rivhit's Israel-only focus.
• QuickBooks (Intuit): Global dominant cloud accounting SaaS for SMBs, offering bookkeeping, invoicing, payroll and payments in an integrated platform. Comparable to Rivhit Online's core use cases, but operating at vastly larger scale with broader geographic reach and heavier AI investment.
• SAP Business One: Mid-market ERP from SAP for SMBs covering accounting, inventory, sales and purchasing. Comparable to Rivhit's full ERP offering for growing businesses, with a similar land-and-expand motion up from basic bookkeeping.
• NetSuite (Oracle): Global cloud ERP suite covering financials, inventory, CRM and e-commerce for small-to-mid-market businesses. Comparable to Rivhit Online's Pro tier ERP functionality but serving larger customers with substantially higher ARPU.
• Sage Business Cloud Accounting: Long-established accounting and ERP software provider with cloud offerings for SMBs and mid-market. Overlaps with Rivhit's accounting, payroll and invoicing modules, and Sage has a significant established UK/EMEA footprint.

Direct peers

• FreshBooks: Cloud accounting and invoicing SaaS focused on service-based SMBs and freelancers with double-entry accounting, expense management and payment processing. Highly comparable in micro/SMB target segment and invoicing-centric product approach, similar to Rivhit's Online Invoicing sub-brand.
• Stripe: Global online payment processing platform supporting credit cards, 3D Secure, tokenization and developer-first API integrations. Directly comparable to Rivhit's iCredit payment gateway in transaction-based revenue model and developer/API strategy.
• Priority Software: Israel's leading developer of ERP, accounting, payroll and CRM software for SMBs and enterprises. Directly comparable to Rivhit in target market (Israeli businesses), product breadth (ERP + payroll + CRM) and regulatory localization (Israeli tax compliance), but with substantially larger scale and PE backing.
• Zoho Books: Cloud accounting SaaS within the Zoho suite covering invoicing, bank reconciliation, expense tracking and multi-currency for SMBs. Directly comparable in feature scope and pricing tiering for the micro/SMB segment Rivhit targets.

Regional players

• Tranzila (Prizma): Israeli credit card processing and online payment gateway provider competing head-to-head with iCredit in the Israeli SMB market. Highly relevant peer because it targets the same Israeli merchants with similar POS and e-commerce payment products.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/c/%D7%A8%D7%99%D7%95%D7%95%D7%97%D7%99%D7%AA
• Facebookfacebook.com/rivhit
• Instagraminstagram.com/rivhit
• LinkedInlinkedin.com/company/rivhit

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rivhit