Outset Global | Tipalti

Just do it. Don’t wait to implement this solution until you have to and then you’re firefighting. If you do a simple cost analysis, it’s a no-brainer.

Cristina Escalante

Global COO, Outset Global

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Outset Global Overview

Industry

Business services

Company Size

Sub 100

Current ERP

Quickbooks

Region

United Kingdom

Tipalti Products Used

AP Automation

Challenge

Manual invoice processes hindered scalability and efficiency.

Solution

Outset Global implemented Tipalti Accounts Payable to automate invoice processing and integrate with QuickBooks.

Results

Outset Global achieved automated end-to-end accounts payable workflows, a 50% reduction in accounts payable closing time, and seamless integration with QuickBooks.

The Challenge

Manual Invoice Processing Limited Growth

Outset Global, a buy-side trading solutions firm serving over 200 institutions with a team of 15 frontline traders, was experiencing growth impediments due to its manual invoice processes. The reliance on disjointed manual procedures across the accounts payable and accounting functions created bottlenecks, making it challenging to scale operations efficiently. A cost analysis revealed that these manual processes were unsustainable, necessitating the adoption of an automated solution to support continued growth.

We are an independent, pure-play trading solution that has removed all conflicts for the benefit of end clients.

Cristina Escalante

Global COO, Outset Global

The Solution

End-to-End Automation With Tipalti Accounts Payable

Outset Global implemented Tipalti Accounts Payable to overcome these challenges and integrate seamlessly with QuickBooks. This integration streamlined invoice processing, enhanced the efficiency of backend operations, and provided granular data automation. Tipalti allowed for robust analytics without requiring additional staff time while facilitating scalability and improving financial management.

You’re at a point where you can no longer grow without having to hire a ton of people or a team with the processes in place.

Cristina Escalante

Global COO, Outset Global

The Result

Enhanced Backend Efficiency and Scalable Growth

By automating invoice processes with Tipalti, Outset Global achieved a 50% reduction in accounts payable closing time. The integration with QuickBooks provided seamless data flow and improved accuracy in financial reporting. With streamlined accounts payable operations, the company eliminated previous bottlenecks, enabling scalable growth without extensive additional staffing. The enhanced efficiency allowed team members to focus on strategic initiatives, supporting the firm’s commitment to delivering best-in-class execution services to investment managers across global equity markets.

Just do it. Don’t wait to implement this solution until you have to and then you’re firefighting. If you do a simple cost analysis, it’s a no-brainer.

Cristina Escalante

Global COO, Outset Global