Tipalti Accounts Payable Automation

Company Description

Tipalti is a provider of a global payables automation solution that focuses on reducing the administrative burden for the accounts payable departments. In a single cloud platform, it encompasses all stages of the Accounts Payable (AP) management and payment process. Tipalti covers aspects such as supplier onboarding, vetting, compliance with tax regulations, invoice processing, global supplier payments in various methods and currencies, supplier payment status communications, payment reconciliation and reporting. Its innovative approach allows companies to reduce their supplier payment workload by up to 80%, facilitating their global expansion efficiently. The solution aids in strengthening financial and compliance controls and enhancing the overall payment experience for the suppliers. Notably, over 1500 companies use Tipalti's solutions for their global supplier payments operations.