Pivot Payables Joins American Express Sync™
B2B payments collaboration provides PivotLynx users more ways to manage expenses, payments, and cash flow management with on-demand virtual Cards.Pivot Payables Inc. today announced a new integration with American Express. To achieve this integration, Pivot Payables is participating in the American Express Sync Commercial Partner Program.
The integration offers U.S. Business and Corporate Card Members the ability to generate virtual Cards within PivotLynx, Pivot Payables’ accounting automation application, ensuring requests are routed to managers for budget approval and cost accounting and virtual Card spending controls are individually applied. At statement closing, PivotLynx automates the reconciliation between the Card statement and the general ledger, eliminating manual accounting steps.
Enrollment required and fees may apply.
Eligible American Express Card Members using virtual Cards in PivotLynx can:
- Establish specific controls for each on-demand virtual Card payment, including setting spending limits or expiration dates, and changing controls or deactivating on-demand virtual Cards at any time.
- Help manage budgets specific to projects and maintain visibility and control over spending with spending limits and expiration dates.
- Establish specific controls for each on-demand virtual Card payment, including spending limits, expiration dates and allowed merchant categories.
- Access virtual Card transaction data within the PivotLynx platform, reducing manual processes and improving reconciliation.
To generate American Express virtual Cards through Pivot Payables, you must be an American Express Corporate, American Express Corporate Purchasing, or American Express Business Card Member. Separate enrollment with Pivot Payables and American Express is required to utilize combined product offering. To make an American Express Card payment to a vendor through Pivot Payables, the vendor must be an American Express accepting merchant. There is no fee to generate American Express virtual Cards. Certain features, upgrades, and additional payment methods may require separate activations and fees may apply. Pivot Payables is solely responsible for determining any and all fees associated with their product. Please contact your Pivot Payables representative to learn more.
We are teaming up with American Express to give our customers access to the control, enhanced security, and cash flow management that come with using an American Express® virtual Card, alongside the PivotLynx application. The integration helps us provide an elevated user experience and more value to our customers.