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Pivot Payables Announces Integration with American Express for Virtual Card Generation

Oct 15, 2024over 1 year ago

Contract Type

partnership

BellevueFinancial ServicesFintech

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.

Company Information

Company

Pivot Payables

Location

Bellevue, Washington, United States

About

Pivot Payables is a fintech company delivering corporate financial operations solutions. It helps financial executives increase the value of their commercial card programs related to spend and payment management for travel, purchasing and invoice business processes.

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Agreement Insights

Based on industry data
Strategic 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