How Software and Technology Companies Solve Supplier Payments
It’s about leveling up the finance team from being the people that code invoices and pay people, to actually being real drivers of business success and topline growth.
Nicholas Corradino
Senior Financial Analyst – Revenue Operations at Top Hat
A payables process you’ll never think about again.
Automate the entire process for paying your global suppliers and contractors.
Touchless AP is a reality.
Invoices are read through OCR for straight-through processing, including the entire approval cycle from invoice to payment.
Reduce the friction of making your suppliers payable.
A complete whitelabeled, self-service onboarding system that’s easy to implement and intelligent.
Pay anyone, anywhere.
Pay suppliers in 196 countries using 120 currencies, and across multiple payment methods in a matter of clicks.
Centralize payables operations.
Tipalti makes it easy to bring accounts payable controls and execution to businesses with multiple subsidiaries and business units.
Tipalti saves me time. Instead of entering bills, I’m focusing on finding strategic solutions for other challenges that we’re facing.
Jocelyn Olsen
Senior Staff Accountant at PrinterLogic
- They provide identity, payment details, and tax information (e.g. W8, W9, VAT).
- Tipalti verifies payment details using over 26,000 rules.
- The portal provides updates on payment status and allows for self-service changes.
- Suppliers can email invoices or upload them directly from the Supplier Hub web portal.
- Tipalti integrates with your ERP, performance tracking data, through the Tipalti API, or accepts a payment instruction file.
- Tipalti AI routes invoices and payment instructions to the organization’s approvers.
- Once approved, Tipalti routes payments internally to secure approvals, making sure funds exist, and paying in the supplier’s chosen payment method (e.g. ACH, wire transfer, PayPal, etc.).
- No more logging into individual banking portals or reconciling payments from across multiple accounts.
- Tipalti sends the payments out through the proper banking channels.
- Tipalti alerts payees of payment status and reports any issues to them if funds don’t land.
- Payments and transaction fees are fully reported for reconciliation in real time to the ERP.
Tipalti is the most comprehensive payables platform available
Learn more by exploring our feature set
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Increasing payment volumes is one. What are the others?
