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News

Pivot Payables | Leading Toward an Efficient Accounting & Payment Process
10 Fastest Growing SAP Solution Provides | Insight Success Magazine
October 2020

In the  Financial Accounting world, leaders are creating a centralized platform environment for their organizations; using systems such as SAP Business One to SAP S/4HANA as their focal point. They are challenged to centralize the data from a widely disparate but necessary collection of applications, with data in the cloud, in vertical market systems, in front-end productivity applications, and in spreadsheets and databases. To achieve their objective of a centralized platform, they need their applications to interact and share data in meaningful and often complex ways.

John Toman, Chief Product Officer, and Cher Pearsall, CEO, are the cofounders of Pivot Payables. This is their third software as a service company in the expense and invoice automation space. After their exit from the second company, they both joined the SAP Concur team. At SAP Concur, John was one of the founding creators of the SAP Concur Platform. As the principal designer for its web service APIs, John clearly understood that the innovation of these APIs greatly reduced the effort and expertise necessary to create complex workflow automation and data integration tools; functionality that drives directly to the realization of a centralized platform. They left SAP Concur to form Pivot Payables to build compelling apps and services that would extend the value of SAP Concur customer investments.

Read the full article …

 

 

CIO Review List of Most Promising SAP Solution Providers
Includes Pivot Payables 

August 2020

Digital transformation, automation, and integration are the driving factors in any SAP environment.

When organizations experience both downturns and upturns, it falls upon the CIOs and IT leaders to choose the right technology that can facilitate a seamless transformation without affecting the ongoing business operations.  Read the full article …

CFO Tech Outlook Names Pivot Payables to Top 10 Business Expense
Financial Control and Automation Providers
August 2019

Pivot Payables has deep bench strength in automation, accounting best practices, and integration-specific SAP Concur methods.  Combined, they improve accounting workflows by connecting Concur Expense and Concur Invoice to the customer’s ERP or accounting system to support accounts receivable and payable functions.

Automation is the central meeting point between SAP Concur and these functional areas and Pivot Payables provides a valuable bridge to leverage both.  Read the full article …

CFO Tech Outlook Names Pivot Payables to Top 10 Business Expense
Management 
Solution Providers
November 2018

Organizations are looking for integrations designed to share data between their workflow applications – specifically expense management and AP automation  – with their purchasing and accounting systems.

“Workflow applications put a lot of emphasis on improving tools so spenders can easily submit and account for their expenses and purchases” says Cher Pearsall, CEO for Pivot Payables. “Our focus is on automating back-end accounting functions designed to eliminate manual work performed by the AP processing team.” Read the full article …

CFO Tech Outlook Names Pivot Payables to Top 10 Business Expense
Management 
Solution Providers
November 2017

Pivot Payables is an emerging technology firm focused on improving the profitability of organizations by automating project expense billing. Pivot Payables electronically captures transactions in real time to ensure transparency and improve buyer–seller collaboration, simplifying the preparation of proof of expenses.

“While most expense management and invoice automation systems collect data across multiple clients and projects, they are fundamentally AP systems, whereas client billing is an AR function; this is where our software comes in,” remarks Pearsall. Leveraging AP data to create an AR transaction to facilitate client billing is a part of Pivot Payables’ modus operandi. Read the full article

Pivot Payables Named Concur Partner of the Year
March 2017

Pivot Payables earned Concur’s Partner of the Year – Field Engagement. The award was presented at the Concur Fusion 2017 event in Chicago.  Cher Pearsall, CEO for Pivot Payables, accepted the award.

Cardno Project Manager Tracie Williams Presents
Business Case for PivotPrime at Fusion 2016
March  2016

Tracie Williams, Finance Systems Project Manager for Cardno highlights the challenges related to invoicing clients for billable expenses and talks about the business case to automate the process with PivotPrime from Pivot Payables. The top challenges were directly associated with the company’s existing manual processes. Creating accurate and timely billing statements required a large number of people and the manual methods increased the potential for missed expenses or errors. Cash flow was impacted because of the lengthy time between expense approval and reimbursement – and missed expenses compromised project profitability. Tracie is leading the implementation of PivotPrime at Cardno and estimates that automating the client billing process will save 500 hours per month and eliminate missing expenses entirely.

Cardno is an ASX-listed professional infrastructure and environmental services company, with expertise in the development and improvement of physical and social infrastructure for communities around the world.    www.cardno.com

Pivot Payables Named Concur Partner of the Year
March  2016

Pivot Payables earned Concur’s Partner of the Year – Newcomer category for 2015. The award was presented at the Concur Fusion 2016 event in Las Vegas.  Cher Pearsall, CEO for Pivot Payables, accepted the award.

PivotPrime & Concur Invoice Integration for Client Billable Expenses
March  2016

Pivot Payables today announced the company’s PivotPrime app for client billable expense statements now supports Concur Invoice in addition to Concur Expense.

The integration makes all Concur Invoice data available for PivotPrime billing statements. Items are tagged as billable at the time they are entered into Concur Invoice or the Concur Expense report.  PivotPrime makes all approved Concur expenses and invoice purchases available. Simply select the date range, client, and project – your billing statement generates in seconds.

PivotPrime builds speed and accuracy into the reimbursement process for companies that bill back their clients for project expenses.



Pivot Payables has deep bench strength in workflow design, accounting best practices, and integration-specific SAP Concur methods.

One customer found $1.35M spent for client project expenses over 18 months but never reimbursed. Pivot Payables integration of their PivotPrime client billing application with SAP Concur stopped the leakage. Now every dollar spent is recorded in Concur Expense, captured in PivotPrime, and billed back to the client!