Title: Revolutionizing Procurement: Meet Pivot, the Startup Shaking Up Spend Management
Introduction:
Are you tired of spending hours filling out purchase orders, only to be left confused and frustrated? Well, we have some exciting news for you! Pivot, a dynamic French startup, has emerged on the scene to transform the world of spend management. With an innovative approach and a team of experienced co-founders, Pivot is poised to revolutionize the way companies handle procurement. So, buckle up and get ready for a captivating journey into the future of spend management!
A PO workflow for humans:
If you’ve ever worked for a large company, you’re likely familiar with the pain of filling out purchase orders. The process is often convoluted and time-consuming, leaving employees searching for ways to bypass it altogether. But fear not, Pivot is here to change the game! This visionary startup has designed a tool that streamlines the purchase order (PO) workflow, making it less painful for everyone involved.
With Pivot, admins can effortlessly set up workflows using a user-friendly interface – no coding skills required. Imagine being able to trigger a security review, IT review, or legal review for a large purchase with just a few clicks! Pivot’s seamless integration with third-party tools and systems ensures a smooth experience for all stakeholders.
Integrations made easy:
Pivot understands the importance of integrating with existing systems and processes. That’s why they have developed a solution that seamlessly integrates with your company’s tech stack. From fetching approval workflows from the HR system to retrieving budgets from Pigment and Anaplan, Pivot has got it covered.
Furthermore, Pivot’s integration capabilities extend to popular communication tools like Slack, Microsoft Teams, and Jira. Say goodbye to endless email chains and hello to efficient collaboration! But that’s not all – Pivot also integrates with ERP software such as NetSuite and SAP, ensuring that vendor information, cost centers, and compliance rules are automatically propagated.
The market opportunity:
Pivot is not alone in its quest to revolutionize procurement. American startups like Zip and Levelpath are thriving, proving that there is a significant demand for innovative spend management solutions. While these American companies are making waves, Pivot recognizes the unique European features and compliance requirements that set them apart.
The company has already raised an impressive $5.3 million (€5 million) in a pre-seed round, garnering support from visionary investors and successful entrepreneurs. With their recent product launch and a growing clientele, Pivot is poised to make a mark in the industry.
Conclusion:
The world of spend management is on the cusp of a revolution, and Pivot is leading the way. Gone are the days of lengthy approval processes and confusing workflows. Pivot’s intuitive tool empowers companies to manage their procurement seamlessly, optimizing financial flows and ensuring compliance. With a team of experienced founders and a rapidly growing customer base, Pivot is set to redefine the future of spend management.
So, if you’re looking for a procurement solution that is visual, intuitive, and designed for the modern business landscape, don’t miss out on Pivot. Embrace the future of spend management and join the movement to transform the way we handle procurement. Your colleagues will thank you, and your business will thrive. Let Pivot be your guiding star on the path to procurement excellence!