Tipalti
Tipalti is the only end-to-end global payables automation solution that transforms your AP department by reducing payables workload by 80% by delivering operating efficiencies, eliminating fraud and strengthening financial and compliance controls while accelerating financial close by over 25%. Tipalti provides supplier management with self-service onboarding and vetting, KPMG compliant digital tax form collection and validation, touchless invoice processing with OCR, machine learning and managed services, 2-way and 3-way PO matching, advanced approvals, proactive supplier communications, global payments, early payments, enterprise-grade financial controls, robust AP reporting, and real-time payment reconciliation with ERP’s. The seamless nature of the solution, including the ability to control and monitor disbursement, provides unique insight and alignment between suppliers, payments, and results. Tipalti future-proofs global payables operations, helping finance scale and adapt to their business’ changing needs while enabling them to focus more on mission-critical initiatives. We support hundreds to leading high-velocity customers including Amazon Twitch, Amplitude, Roku, Zumba, Medium, Seeking Alpha, ClassPass, Toast, Automattic, Twitter, GoDaddy, Zola, Headspace, Discord, Canva, and Foursquare. We remit over $12B around the globe annually for 4M+ suppliers; and maintain 98% customer satisfaction rate.
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About Tipalti
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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