Contract Repository
Transform your contract management with Tipalti’s contract repository software. Our solution enables you to effortlessly track and manage supplier contracts. Streamline contract reviews using predefined approval flows, centralise all contracts in one location, and gain insights into contract statuses at the purchase level. Stay ahead with intelligent alerts that notify you of upcoming contract expirations.
- Centralized Contract Repository
- Pre-defined Contract Approval Workflows
- DocuSign and IronClad Integrations
- Contract Status Visibility
Features
Centralized Contract Repository
Streamline contract monitoring with all your contracts in a single place. Attach contract files to suppliers and easily search for contracts based on criteria such as supplier name, contract owner, renewal date, and expiration status. You can also set reminders and receive renewal alerts via email. Supports multiple contract types, including NDA and terms & conditions, and more, providing comprehensive visibility into contract statuses directly within purchase requests.
Pre-defined Contract Approval Workflows
Set up contract approval workflows—you can create a dynamic flow based on default and custom fields. Authorized users can easily upload a contract, and the system will automatically route it to the appropriate stakeholders for review and approval via the pre-defined approval flows. Once approved, the contract will appear as “Active” in the system.
DocuSign and IronClad Integrations
Enhance your contract management process with Tipalti’s DocuSign and IronClad integration. After initiating a contract request in Tipalti, you can specify the stage for automated forwarding to the chosen platform for contract signing. Once signed, the contract will be automatically updated in Tipalti’s contract repository for final approval.
Gain Visibility into all Contract Status
Get a comprehensive overview of contract statuses at the purchase level. When an employee creates a new purchase, they and the approvers can quickly determine if the supplier has a valid contract, empowering approvers to make informed decisions promptly. Configure notifications to receive alerts from 7 to 120 days before a contract’s end date. Giving contract owners ample time to negotiate renewals or take necessary actions without catching surprises.
Markus Stellmach | Senior Financial Systems Manager, TIER Mobility
With Tipalti, we can maintain a valid procurement process while keeping it simple and straightforward.
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 touchless invoice processing with smart OCR. Advanced approvals with AI streamlines the approval process and minimizes 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.