Tipalti Named a 2018 Spend Matters Provider to Watch
San Mateo, CA – Tipalti has been named a 2018 Provider to Watch by Spend Matters. Spend Matters released its 5th annual ‘50 Providers to Know/50 Providers to Watch’ lists today in conjunction with the annual ISM conference.
The recognition highlights Tipalti’s transformative payables automation solution, which enables growing businesses to eliminate 80 percent or more of their supplier onboarding, tax compliance, invoice workflow, global payment remittance, and reconciliation processes. Coupled with Tipalti’s early payment automation and multi-entity capabilities, businesses gain a unique edge in growth and scalability for what has traditionally been a cost-center operation.
This is the first year Tipalti has been recognized as a Provider to Watch by Spend Matters.
Spend Matters routinely reviews the latest procurement technology and service offerings to help organizations make wise and effective vendor selection decisions. The 50 Providers to Watch/Know lists are the result of deep analysis and corroboration among all Spend Matters analysts and reflect the publication’s unbiased, independent view of the organizations to know and watch.
“Tipalti automates how businesses make global mass payments to partners while maintaining tax and regulatory compliance. This solves a real pain point for companies needing to collect and maintain tax data such as W8 and W9s with their suppliers,” says David Gustin, lead analyst and founder of Trade Financing Matters. “Typically this data is collected manually and filled with errors, so having a turnkey solution to automate the collection of the data, scrub it and make payments is a real benefit. This makes Tipalti a clear choice for Spend Matters’ 2018 list of Providers to Watch.”
About Spend Matters – Solution Intelligence for Procurement
Spend Matters is the leading solution intelligence source for procurement and supply chain professionals. Combining deep technology analysis and tailored advisory services with daily news coverage and subscription research, Spend Matters is trusted by CPOs, consultants, investors and solution providers alike as their procurement technology intelligence partner. Spend Matters is owned and managed by Azul Partners, Inc.