Afternoon Coffee: Tipalti Launches Payables Automation Partner Program, USDA Allows Pork Imports from Mexico

Payables automation provider Tipalti announced Tuesday the launch of its partner program, which will offer accounting firms, financial institutions, system integrators, ERP resellers/VARs, consultants and partners that work with in-house finance organizations the ability to use Tipalti’s solution, according to a press release. Clients will have access to Tipalti’s self-service supplier portal, invoice workflow management, multimethod cross-border remittance, real-time payment reconciliation, and tax and AML compliance features.

“Accounts Payable is overlooked as a necessary manual process in most circles, as few accountants, firms or finance departments proactively seek out solutions to ease these workflows,” said Chen Amit, CEO and co-founder of Tipalti. “As finance organizations grow and transform, they need to modernize manual accounts payable processes to free up time for higher-value finance activities, scale with global expansion, and to reduce audit, fraud, tax, and regulatory compliance risk exposure. Tipalti’s new partner program helps give the ecosystem of firms that support these finance organizations the support they need to institute a best-in-class AP and supplier payments operation for their clients.”

Mexican Pork

The US Department of Agriculture has finalized a regulation that will allow Mexican states to export pork to the US, Farm Journal reports. Mexico first requested access to the US pork market in 2007, and has since then proven its pork products are free of Classical Swine Fever and safe for international trade.

DSG Selects Coupa

Dansk Supermarket Group (DSG) announced Tuesday it had selected Coupa’s solution to manage its strategic sourcing, procurement and accounts payable functions, according to a press release. Through the initiative, DSG aims to simplify the process of sourcing, buying and paying for goods and services in a cost-efficient and compliant manner.

“DSG’s mission is to give our customers the best possible shopping experience, both online and in-store,” said Alan Jensen, Chief Information Officer at DSG. “Our S2P program with Coupa is an exciting extension of that vision to our internal customers, extending the benefits of simplified procurement to our international workforce. Coupa proved itself to be the right choice of partner for DSG by combining a modern, cloud-born platform with an approach strongly focused on DSG’s success."

US Dollar Plunges

And finally, a forex update: The US dollar hit a three-year low this week, the Financial Times reports, having fallen about 1.3% for the year to date.

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