How Younique Streamlined $100M in Global Payments

The Challenge

Complex Multi-Currency Operations

Operating in twenty global markets, Younique faced the challenging task of managing multi-currency accounts across its numerous subsidiaries. Each one maintained its own local bank account, requiring manual logins and token-based authentication, which created bottlenecks and slowed the team.

Complicating matters, 70% of Younique’s revenue came from outside the United States, yet 70% of its accounts required payments in USD. Without an effective system, the team spent too much time consolidating funds, converting currencies, and making payments across different banking portals. 

The work was manual and time-consuming, slowing operations and limiting the team’s ability to scale. The need was clear: an automated, centralized approach.

The Solution

Streamlined AP and Approvals

To address these challenges, Tipalti implemented a solution that streamlined AP processes and approvals across Younique’s 20 markets. By establishing local accounts and automating currency conversions, Younique eliminated manual fund transfers and reduced inefficiencies from managing multiple banking systems.

The integration with NetSuite centralizes invoicing, approvals, and payments within a single workflow. Automated approval flows replaced manual follow-ups, with the system sending reminders and tracking progress, thereby easing the workload on the AP team.

Younique extended this approach to its sister company, Comigo, bringing multiple entities onto a single platform. The team standardized payment methods, streamlined processes, and built a scalable model to support continued growth.

The Result

Significant Efficiency Gains and Scalable Growth

Younique saw measurable efficiency gains and scalability after adopting Tipalti. By centralizing currency conversion, the company efficiently managed over $100 million in conversions to USD. This ensured that cash flowed and payments were made on time across global operations.

Tipalti’s workflows also allowed Younique to keep a lean AP team. Automated approvals eliminated the need for manual follow-ups, freeing the finance team to focus on strategic tasks. With automation in place, friction dropped, and efficiency improved. Even as Younique expanded into new markets and added entities like Comigo, the company maintained accuracy and scale without adding headcount.