Pivott is a contract management platform specifically designed for the multifamily real estate sector, automating the import and organization of vendor contracts to provide centralized visibility and control. It addresses issues of misplaced contracts and untracked vendor spend, enabling users to monitor expenses and receive timely renewal reminders for improved financial decision-making.
Funding
Funding not disclosed
Founders
Product
Problem
Multifamily real estate companies often struggle with decentralized contract storage, leading to misplaced documents, missed renewal dates, and difficulty tracking vendor spend across properties. This lack of centralized visibility results in inefficient manual processes, rogue spending, and increased financial risk.
Solution
Pivott is a contract management platform designed specifically for the multifamily real estate sector, providing a centralized repository for all vendor contracts. The platform automates the import and organization of contracts, allowing users to easily monitor vendor spend, track key dates, and receive customized renewal reminders. By providing a single source of truth for contract information, Pivott enables improved financial decision-making, reduces the risk of missed renewals, and eliminates manual spreadsheet tracking. Users can organize contracts by property, class, or function, gaining insights into spending patterns and ensuring contractual rates align with actual spend.
Target Audience
Pivott is designed for multifamily property owners, operators, and managers who need a centralized system for managing vendor contracts and tracking spend.
Features
- Automated contract import and organization by property, class, or function
- Centralized contract repository for easy access from anywhere
- Vendor spend tracking across all properties to identify duplicate services
- Customizable reports based on contract spend, type, or property
- Automated renewal reminders to avoid missed deadlines
- Role-based access control for shared visibility with owners and operators
- Integration with Microsoft 365 for automated contract import