Tipalti

Tipalti is a payables automation solution that automates all phases of the accounts payable and payments workflow in one holistic cloud platform. Tipalti is designed to make it painless for finance departments to manage their entire global payables operation by streamlining:

• Supplier onboarding and vetting

• Tax and regulatory compliance

• Procurement

• Invoice processing, 2 and 3-way PO matching, and approvals

• Global payment remittance, allowing a range of payment methods and currencies

• Proactive communications of supplier payment status, issue resolution, and fraud detection

• Enterprise-grade financial controls

• Real-time payment reconciliation

• Integrated with any ERP and accounting system

• Tax reporting

• Employee expense reimbursement with spend management solution

• Card spend with corporate physical and virtual cards.

Tipalti's value proposition includes the following:

1. Reduce AP workload by 80% so the company can scale efficiently.

2. Generate revenue for AP and better manage cash flow with early payments.

3. Accelerate the financial close by 25%+ with detailed payment reconciliation reports.
   

4. Strengthen financial and compliance controls to mitigate risk and increase visibility.

5. Improve supplier relationships through a self-service payment experience.