Purchase Order Approval Software
Streamline the approval process by eliminating manual, fragmented email approvals and seamlessly integrating the purchase order approval workflow into your existing systems to improve efficiency.
- Intelligent Approval Engine
- Ticketing System Integration
- Approve on-the-go via Slack or Email
- Advanced Actions
- Real-time Budget Status Visibility
Features
Intelligent Purchase Approval Engine
Manage PO approvals with customizable workflows that align with your spending policies. Use predefined workflows for various budget levels, departments, and locations while accommodating unlimited budget owners. Auto-route approvals to cross-functional teams like IT, Security, and Legal to ensure swift and thorough reviews.
Ticketing System Integration
Seamlessly integrate with 30+ ticketing systems, including Jira, ServiceNow, Asana, and Zendesk, to enhance cross-functional collaboration across IT, Security, and Legal teams. Streamline the end-to-end PO approval process for purchase, supplier, and contract requests while keeping your team’s familiar tools in play.
Approve via Slack or Email
Take control of your procurement approvals from wherever you are. Seamlessly review and approve procurement requests through your preferred tools, including email and Slack. Receive real-time notifications on request status, ensuring you can make swift decisions on the go, all while leveraging the convenience of your familiar communication platforms.
Advanced PO Approval Actions
Streamline and document your approval process with advanced features. Easily approve or reject requests and add necessary notes for clarity. Collaborate with subject matter experts in legal, finance, or IT when required. Utilize Tipalti’s approval logs to efficiently track the who, what, and why of approvals, ensuring a smooth workflow and comprehensive documentation for audit purposes.
Real-time Budget Status Visibility
Empower approvers with visibility into real-time budget status, enabling well-informed decision-making and ensuring proper spend control and policy compliance. Only relevant stakeholders can access the budget consumption data to ensure data integrity.
*For NetSuite users only
Henry Zhuang | Accounting Manager, Jumio
The best practice is to have a purchase order first–the requisition needs to be approved before we receive the invoice. After we have a valid PO, we wait for the supplier to send us the invoice, and then we can match it to the PO and then make the payment. Tipalti has automated the entire process for us.
Innovation and efficiency
come built-in
Tipalti offers the most comprehensive payables technology to help your
business streamline, simplify, and evolve.
Invoice Management
Ditch the busy work with automated invoice processing with smart OCR. Advanced approvals with AI streamlines the approval process and minimises delays.
PO Management
Manage spend all in one place. Streamline purchase requests, PO’s, approvals, and vendors with budget visibility to make informed decisions.
Global Payments
Send payments in 120 currencies in 196 countries through six unique payment methods.
Currency Management
Save time and money on FX conversion payouts with highly competitive exchange rates.
Payment Reconciliation
Speed up financial close by 25%+ by synching and reconciling multi-entity payables data with ERP and Accounting systems.
Self-Billing Module
Simplify self-billing processes with automated invoice creation and submission while ensuring global regulatory compliance.
ERP Integration
Best-in-class integration with your existing ERP and accounting systems and sync invoices, suppliers, payments and purchase orders.
Payments API
Integrate any system through our highly secure API that offers full-featured interfaces.
Artificial Intelligence/Tipalti AI
Take advantage of proactive, smarter processes for the entire payables operation as well as greater efficiency and risk mitigation.
Supplier Management
Effortlessly onboard vendors with a multilingual, self-service portal that’s brandable. Plus, give suppliers a real-time view of payment and invoice status.
PO Matching
Eliminate overspending and strengthen financial controls with automated 2-way and 3-way matching and enjoy a frictionless approval cycle.
Multi-Entity
Manage unique payables workflows and centralise AP for subsidiaries and entities within a single instance.
Tax Compliance
Take the headaches out of collecting and validating VAT tax information.
Financial Controls
Enterprise-grade financial controls: Fraud, tax, regulatory, audit, spend and cash flow.
Fraud Detection
Tipalti Detect lets you proactively identify payee fraud risk and maintain a full audit trail.
Secure Cloud
Rest assured that data is collected, stored, and transmitted securely in the cloud. Tipalti is SSAE 18 and ISAE 3402 SOC 1 Type II and, SOC 2 Type I certified, and GDPR Compliant.
Simplify Performance-to-Pay
Easily sync data from marketplace platforms and tie performance analytics to pay partners.
Let’s get more productive
Talk to an expert and learn how you can take control of your payables.