Tipalti is a comprehensive financial operations platform that offers integrated solutions for accounts payable automation, mass payments, procurement, and expense management. The software is designed to help businesses of all sizes streamline their financial processes, reduce manual work, and scale their operations globally. Tipalti's platform leverages artificial intelligence and machine learning to automate various financial tasks, including invoice processing, payment scheduling, and approval routing. Key features of Tipalti include automated invoice management, self-service supplier onboarding, global payment capabilities, procurement management, and expense tracking. The platform supports payments to 196 countries in 120 currencies through over 50 payment methods, making it particularly useful for businesses with international operations or those in the creator, ad tech, marketplace, and sharing economies. Tipalti emphasizes efficiency, risk reduction, and scalability. It provides real-time visibility into cash flow and spending, automates compliance and reporting, and offers a unified platform that can grow with a business. The software also includes built-in security features and compliance tools to help protect against fraud and ensure adherence to various regulatory requirements.

Key Features

Automated Invoice Management Tipalti uses AI to streamline the invoice processing workflow.

• Smart Scan and auto-coding for automatic capture and population of invoice details
• Built-in two and three-way PO-matching for accuracy

Global Payment Capabilities The platform offers extensive international payment options.

• Supports payments to 196 countries in 120 currencies
• Over 50 payment methods available

Procurement and Expense Management Tipalti provides tools for managing corporate spend and employee expenses.

• Centralized request management for purchase requests, contract renewals, and expenses
• Corporate card integration and global reimbursement features

Benefits

Increased Efficiency Tipalti automates manual financial tasks to save time and reduce errors.

• Reduces the workload on finance teams, allowing focus on strategic initiatives
• Accelerates the financial close process with real-time reconciliation

Enhanced Financial Control and Visibility The platform offers comprehensive oversight of financial operations.

• Real-time visibility into cash flow and spending across entities and geographies
• Unified view of contract status, approvals, and renewals

Scalability and Compliance Tipalti supports business growth while maintaining regulatory compliance.

• Easily add suppliers, entities, and global operations as the business expands
• Built-in tax and regulatory compliance tools, including IRS and DAC7 compliance