Pivot Payables, Inc, a financial operations solution provider for corporate operationas, and Covantage Limited Pty, an Australia consulting firm and SAP Global Distinguished Partner, have entered into an agreement that will deliver improved financial efficiency and more streamlined workflows related to spend, reimbursement and billing for Covantage’s SAP Concur clients.
Pivot Payables’ core solutions are designed to help companies leverage the value of their Concur data, including commercial card programs and business process reporting. As part of the agreement, Covantage will become a reseller for Pivot Payables throughout Australia, New Zealand and Southeast Asia.
“We’re proud to bring Pivot Payables’ proven technology to SAP Concur users across these regions,” said Ben Price, managing partner at Covantage. “This partnership enhances our ability to help organizations take their expense and invoice integration to the next level, eliminating manual, time-consuming processes and unlocking new efficiencies. We’re excited to offer these powerful, value-added capabilities to our clients.”
With seven out of 10 Concur users needing to bridge the gap between SAP Concur and accounting or ERP systems, Pivot Payables offers integrations, specifically PivotNexus, that facilitate data flow between SAP Concur and the ERP, ensuring accurate and efficient accounting for spend data. Additional products in the Pivot Payables suite include PivotEQ, assisting users of Concur Expense in managing the financial aspects associated with company-issued credit cards including reconciliation, and PivotPrime,tailored to produce detailed reports from Concur data for functional areas that need AP or AR purchase analysis.
“We’re thrilled to partner with Covantage, whose deep expertise in SAP Concur aligns perfectly with our mission,” said Cher Pearsall, co-founder and CEO of Pivot Payables. “This collaboration allows us to expand our impact in helping more organizations unlock greater value from their SAP Concur investment. With both of our teams focused on innovation and intelligent process automation, we look forward to Covantage’s clients enjoying smarter, more streamlined accounting solutions.”
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Tags: Accounting
