Tipalti

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1810 Gateway Dr. Suite 300 | San Mateo, California | 94404 United States
SolutionMap Solution Rankings:

Tipalti makes it painless for finance departments to manage their global payables operation by streamlining:

· Supplier management with self-service onboarding and vetting
· Real-time supplier communications
· Global tax and regulatory compliance
· Invoice processing with OCR, machine learning and managed services
· Advanced approvals
· 2-way and 3-way PO matching
· Global payment remittance
· Payment reconciliation with ERP systems

• Wipe out 80% of your AP and supplier payment workload. Tipalti cuts the manual work from your accounts payable processes, so you can focus on revenue growth and cash flow management instead of back-office financial operations. Tipalti provides the infrastructure that sets you up for long-term sustainability, so you’ll never have to implement another AP system.
• Reduce tax, regulatory, and financial control risk. Built-in audit logs, OFAC & other sanctions screening before every payment is processed, signatory rights, robust workflow approvals, and KPMG compliant digitized tax form collection and validation mitigate risk and fraud – and help ensure compliance.
• Improve supplier relationships. Offer a broad range of global payment methods and currencies to improve payment accuracy and timeliness and enhance the supplier payment experience.
• Accelerate financial close by over 25% with real-time integrated reporting to General Ledger speeding up financial close with instant payment reconciliation down to the transaction level. Then synchronize with your ERP.

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