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Tipalti Global Payables Automation
Tipalti’s AI-driven finance automation solution simplifies your global accounts payable, procurement, expenses, and mass payments so mid-sized companies can scale efficiently.
Tipalti makes it painless for finance departments to manage their entire finance operations process by providing:
-End-to-end AP automation--all managed from one place
-Full spend visiblity at the sub-ledger and entity level
-Self-Service Supplier Management
-Built-in Tax Compliance
-Global supplier and invoice management
-Ability to manage multiple entities
-Entend to Expense and Procurement Management
Key features
- Eliminate 80% of AP workload and avoid additional hiring: As you add more invoices, payments, global suppliers, subsidiaries, costs, and audit controls, automate your payables process to easily manage the changing needs without requiring more resources.
- Reduce tax, regulatory, and financial control risk with our KPMG-Approved Tax Engine: Collect and validate IRS, VAT tax IDs, W-9, W-8, VAT Details, 1099 & 1042-S reports, and calculate withholdings. Ensure compliance with digitized tax form collection.
- Supplier Self-Service: Tipalti features a guided self-service web portal available in 27 languages for suppliers to be quickly onboarded. Tipalti’s proprietary rules engine, driven by 26,000 global payment rules, reduce payment error rates by 66%.
- Accelerate financial close by 25%+: Automatically reconcile payments into Acumatica, including syncing with entity-specific sub-ledgers, which enables real-time cash flow and spend visibility while streamlining payment reconciliation across entities.
- Automated Invoice Management: Bill submission via email using your company’s email alias or via the supplier portal. AI Smart Scan extracts invoice details and populates bill information at both the header and line levels.
- Procurement Management: Intuitive, customizable intake forms to enable employees to manage all the purchases. Automatically generate purchase requests with free text powered by AI. Robust approval flow management for automated approval routing.
- Expense Management: Secure reimbursements to employees in 200+ countries and territories, supporting 120 currencies and 50+ payment methods. Automate reconciliation by categorizing expense transactions by GL expense type.
About Tipalti
Tipalti is the AI-powered platform for finance automation, elevating how finance teams operate in the global economy. We empower our customers to scale faster and smarter by removing the complexities of doing global business and accelerating their finance operations efficiency. Our platform provides a comprehensive suite of finance automation solutions designed for mid-market businesses across accounts payable, global payouts, procurement, employee expenses, corporate cards, supplier management, tax compliance, and treasury. Tipalti partners with leading financial institutions such as Citi, Wells Fargo, J.P. Morgan, and Visa, enabling over 5,000 global companies to efficiently and securely pay millions of suppliers and payees across 200+ countries and territories, in 120 currencies. For more information, visit tipalti.com.
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Customer Reviews
Tipalti offers a unified global payables solution that empowers businesses and finance departments to automate and scale their payables operations effortlessly. Algorithm is proud to work with Tipalti in the Acumatica ERP world and our customers are very happy with their valued services and outstanding customer support. Their solution easily integrates with Acumatica's customer platform and streamlines the entire payables process, from invoice capture and approval to payment execution, resulting in improved accuracy, faster processing times, and minimizing errors.
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