Tipalti Introduces Tipalti AI — Artificial Intelligence for Accounts Payable

New expanded AI adds greater efficiencies and risk mitigation

San Mateo, CA – March 31, 2020 – Tipalti, the leading global payables automation solution, today announced Tipalti AI, a continuously-adaptive, integrated payables intelligence engine throughout the Tipalti platform that employs AI and machine learning to make the entire payables process smarter. This technology, which is available automatically to all Tipalti customers, proactively identifies fraud and risk, eliminates AP process errors, improves decision-making, and automates manual work.

Tipalti AI helps us reduce risk and improve our process flow throughout our payables operation. It is truly smarter payables and continues to improve with additional functionality.

Mark B. Lewis | Chief Financial Officer, Lockerdome

Tipalti AI is designed to aid in a variety of ways throughout the payables process, including by:

The importance of AI in business finance is only going to increase, and we will be adding new capabilities to Tipalti AI over time to support the needs of our customers. Our ultimate goal is to future-proof and de-risk the entire payables operation for businesses looking to scale finance and do more with less.

Chen Amit | CEO and Co-founder, Tipalti

Tipalti AI will be available at no additional cost to customers throughout the entire Tipalti platform from supplier onboarding payment validation to tax form verification, invoice processing, duplicate detection, PO matching, approval workflows, and fraud detection.