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News

Pivot Payables | 10 Most Trusted SAP Solution Providers
Insights Success
September 2022

Featuring John Toman
Chief Product Officer for Pivot Payables
and Principal Designer of the SAP Concur Platform & APIs

Pivot focuses on automating financial operations processes, particularly apps that increase the value of customer investments in business processes and systems related to spend and payment management for expense and invoice automation. Philosophically, we have deep roots in automating workflow processes and building powerful tools that enable finance professionals to do their work more effectively.

Read the full article …

Pivot Payables | Top Accounting Solution Providers
CFO Tech Outlook
March 2022

The digital transformation of accounting processes has been driven to a critical point. Many business leaders say the COVID-19 pandemic caused their organizations to embrace digitalization sooner than planned. The need to work from home put enormous pressure on organizations to reinvent operations, or risk serious bottom line impact. Even though they realized digitalization of the accounting process was an absolute necessity, achieving success is not easy. Why? It’s complicated.

Typically, accounting functions involve individuals across the organization – e.g., ordering supplies, making sales calls, filing expense reports, approving purchases. The accounting department also has its own cross-functional roles – e.g., accounts receivables (AR), accounts payables (AP), payroll, and financial reporting. These “front-end” and “back-end” accounting processes are interwoven and dependent upon each other to collect, record, validate, and maintain business transaction data in a systematic way. Streamlining and automating these touchpoints is a significant task that considers technology, data, processes, and organizational change to achieve its objectives.

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.