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Pivot Payables Announces Integration with American Express for Virtual Card Generation
Oct 15, 2024•over 1 year ago
Contract Type
partnership
Description
Pivot Payables Inc. has announced a new integration with American Express, offering American Express U.S. Business and Corporate Card Members the ability to generate virtual Cards within PivotLynx, ensuring requests are routed to managers for budget approval and cost accounting, as well as providing individual spending controls. The integration also automates reconciliation between the Card statement and the general ledger.
Agreement Insights
Based on industry dataStrategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months