Tipalti

Tipalti is a leading cloud-based accounts payable and global payments automation platform that streamlines financial operations for mid-market and enterprise businesses. Processing over $30 billion in annual transaction volume, Tipalti specializes in helping fast-growing companies manage their entire supplier payments workflow across 196 countries.

Key benefits of Tipalti include:

• Multi-Entity Payment Management - Centralize payment operations across multiple subsidiaries and brands while maintaining distinct workflows and approval chains, reducing complexity in global business operations.

• Automated Invoice Processing - Leverage OCR technology and AI-driven data extraction to automatically capture, code, and route invoices with up to 99% accuracy, dramatically reducing manual data entry.

• Global Payment Capabilities - Execute payments in 120 currencies across 196 countries while ensuring regulatory compliance and maintaining competitive exchange rates through built-in conversion services.

• Supplier Management Portal - Streamline vendor onboarding with self-service capabilities, automated tax form collection, and real-time payment status tracking, improving supplier relationships.

• Payment Risk Management - Protect against fraud with automated OFAC screening, tax ID verification, and multi-level approval workflows while ensuring regulatory compliance across jurisdictions.

• Cash Flow Optimization - Control payment timing and methods while leveraging early payment discount opportunities through intelligent scheduling and automated payment reconciliation.

• Tax Compliance Automation - Automatically collect, validate, and store tax forms (W-9, W-8, VAT) while ensuring compliance with global tax regulations and reporting requirements.

• Integration Capabilities - Seamlessly connect with major ERP systems, including NetSuite, QuickBooks, and Sage, enabling real-time data synchronization and financial visibility.

• Payment Reconciliation - Automate the matching of payments with invoices and purchase orders, reducing errors and providing clear audit trails for accounting purposes.

• Dynamic Discounting - Optimize working capital by automatically identifying and capturing early payment discount opportunities while maintaining supplier satisfaction.

Tipalti stands as an essential solution for growing businesses seeking to automate their global payment operations and scale efficiently. Particularly valuable for companies managing high payment volumes or complex international transactions, Tipalti's platform can reduce payment workload by 80% while ensuring compliance and accuracy. This enables finance teams to focus on strategic initiatives rather than manual payment processing.