AP Automation: Cut Chaos, Not Corners
Eliminate manual work, errors, and time-consuming reconciliation with an end-to-end solution that simplifies workflows, tracks with precision, and delivers rock-solid compliance and reporting.
![](https://tipalti.com/en-uk/wp-content/uploads/sites/2/2024/07/synergy-ap-hero-m-uk.png)
AP Automation Features
From Manual to Modern
With our end-to-end automation capabilities, AP automation processes aren’t just manageable; they’re seamless—from self-service supplier onboarding and automated invoice management to fast global payments.
![invoice management](https://tipalti.com/wp-content/uploads/2024/06/synergy-ap-invoice-mgmt-61424-min.png)
Automated Invoice Management
Manual processes and data entry are time-consuming and prone to errors. Our automated invoice processing uses AI to capture accurate invoice details, match them to POs, route for approval, and avoid duplicate bills.
Self-Service Supplier Management
Our multi-language, self-service supplier onboarding means you’ll capture accurate supplier details, reduce status inquiries, and gain complete visibility.
![self service supplier management](https://tipalti.com/wp-content/uploads/2024/06/synergy-ap-supplier-mgmt-61424-min.png)
![VAT registration screen](https://tipalti.com/en-uk/wp-content/uploads/sites/2/2024/06/synergy-ap-compliance-eu-min.png)
Built-In Tax Compliance
With our built-in tax engine, you’re always up-to-date with UK tax laws. Additional features include auto-coding of VAT codes, self-billing, and PO matching with VAT.
Two and Three-Way PO Matching
Say farewell to overpayments. Two and three-way PO matching slashes waste, eliminates fraud, saves time, reduces bottlenecks, and ensures you’re audit-ready.
![Two and three-way PO matching](https://tipalti.com/wp-content/uploads/2024/06/synergy-ap-po-matching-61424.png)
![Fast payments across 196 countries](https://tipalti.com/wp-content/uploads/2024/06/synergy-ap-payments-61424-min.png)
Lightning-Fast Payments
Quick and easy payments across 196 countries in 120 currencies and 50+ different payment methods. Proactively eliminate payment errors with 26,000+ built-in rules.
![](https://tipalti.com/wp-content/uploads/2024/07/tipalti-ap-reconciliation-61424-new-min.png)
Payment Reconciliation
Close your books 25% faster by integrating real-time, accurate spend data integrated with your ERP.
![](https://tipalti.com/wp-content/uploads/2024/07/tipalti-ap-expenses-61424-new-min.png)
Expenses and Reimbursements
Review, approve, and reconcile expenses—and quickly reimburse employees globally—in one platform that scales with you.
![](https://tipalti.com/wp-content/uploads/2024/07/tipalti-ap-cards-61424-new-min.png)
Procurement
Complete control and visibility over corporate spend—with simple intake, custom approvals, streamlined supplier management, and in-depth reporting.
Platform Features
Work smarter, not harder
With AI and machine learning capabilities, an intuitive UX, and quick and easy global payments, you can drive unprecedented efficiency.
Integrations
Pre-Built ERP Connections to Extend Automated Workflows
Customer Stories
Don’t just take our word for it,
see what our customers are saying
Clickio
Learn how this adteach provider automated its payment processes, reduced manual workloads, and enabled better support for its global network of publishers.
Plentific
Read how this real-time property operations pioneer seamlessly integrated with Netsuite and accelerated monthly financial close 23% by automating its accounts payable processes.
Therabody
Discover how this leading manufacturer of wellness products reduced processing costs and eliminated 60 hours of AP work each month.
GoDaddy
See how this global domain name provider scaled payments for its domain-name auctions and overall growth.
Vivino
Find out how the world’s largest online wine retailer reduced its multi-country, multi-currency payment process from hours to minutes.
How It Works
Up and Running in Weeks, Not Months
Collaborative customer support with customised onboarding to get you operational quickly
Step 1
Plan
Kickstart your success with a comprehensive setup call that reviews your manual AP workflow, outlines the onboarding plan, validates technical configurations, and prepares for training.
Step 2
Configure
Tipalti’s implementation experts set up your hosted portal, create sample payment files, configure payment options and email integrations, and establish ERP integrations using our pre-built solutions.
Step 3
Deploy
In-depth training for AP staff on the Tipalti Hub and the end-to-end AP automation functionalities, ensuring thorough knowledge transfer to turbocharge your successful launch.
Step 4
Adopt
Support user adoption and change management during launch while guiding suppliers through onboarding. Once set, you’ll be ready to execute your first payment run and officially launch Tipalti.
Step 5
Optimise
Continued technical support by phone, and email. Our customer success team learns your goals and offers solutions to reach them.
Compare
See how we stack up
Features | Tipalti | YOOZ | Zone&Co (fka FastFour) | Quadient (fka Beanworks) |
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Supplier Management
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Invoice Management
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Limited functionality | Limited functionality | Limited functionality |
Tax and Regulatory Compliance
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Payments Network
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Limited functionality |
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Limited functionality |
FX Solution
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Global
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Limiyed Functionality |
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Limited functionality |
Reconciliation and Reporting
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Limited functionality |
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Limited functionality |
Procurement
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Limited Functionality |
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Limited Functionality |
Expense Management
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Limited Functionality | Limited functionality |
Awards
#1 award-winning finance automation solution
![](https://tipalti.com/wp-content/uploads/2024/05/award_inc5000.png)
2023 Inc. 5000 List of America’s Fastest-Growing Companies
Awarded to Tipalti for the sixth consecutive year
![](https://tipalti.com/wp-content/uploads/2024/05/award_deloitte500.png)
2023 Deloitte Technology Fast 500
Awarded to Tipalti for the sixth consecutive year
![](https://tipalti.com/wp-content/uploads/2024/05/award_cnbc.png)
2023 CNBC World’s Top Fintech Company
Digital Business Solutions Category
![](https://tipalti.com/wp-content/uploads/2024/05/award_merit-awards.png)
2023 Merit Awards for Technology
Gold Winner
Ready to save time and money?
Request a demo today and take control of your finance operations.
Recommendations
Access All Insights on AP Automation
AP Automation FAQs
What is AP automation?
Accounts payable automation (AP automation) involves using software to automate common vendor invoice tasks. It facilitates manual tasks for the payable department and allows for paperless document management, invoice processing, PO matching, and payment reconciliation.
Traditional accounts payable teams are burdened by overhead, manual data entry, and inefficiencies. An AP system allows teams to scale without adding more staff, gain better visibility into financial data, and achieve financial close-ups 25% faster.
Accounts payable software is a more affordable, flexible, and easier solution than accounts payable outsourcing.
How does AP software work?
Accounts payable software optimises the accounts payable process in key areas where manual labour is causing inefficiencies, such as invoice processing, mass payments, data entry, price matching, and more.
The first step in invoice automation is data capture. An AP automation solution extracts all invoice data and automatically compares the line items with the purchase order information that is synced in your system, which is called PO matching.
Automated invoice processing can also be used for matching other documents like inspection reports and shipping receipts.
It then routes the invoice to the correct approvers. Once approved, the software sends invoice data to an integrated ERP system while archiving data from digital documents, paper invoices, and audit trails.
AP automation has many benefits. When automation software is used, accounts payable teams can reduce costs, eliminate routine tasks, and provide better visibility and control over financial data. It also facilitates cash flow and leads to early payment discounts.
How does automation software help AP teams scale?
Automation is the next step if you seek to scale your AP team. It’s an efficient tool for any modern CFO. AP software helps teams grow through automated invoice processing, cost savings, streamlined approval routing, stronger vendor relationships, reduced risk, and complete integration.
Automation means you always pay on time, at the right time, every time. It solidifies supplier relationships, streamlines transactions, and keeps partnerships intact. This type of system will also help avoid late payment fees.
How much does AP software typically cost?
The cost of AP automation software depends on the tasks your business needs to perform and how you plan to automate accounts. The best AP automation software offers the following modules:
- Scan and Archive: A document management system with invoice capture.
- Archival and Auto-Matching: This includes internal controls for AP, such as front-end processing and approval workflows. For this type of system, associated spend will include the annual licence fee and related support costs, which include:
- Bi-directional integration
- Optical Character Recognition (OCR)
- Business intelligence
- Robotic Process Automation (RPA)
- Cloud-based Automation: In cloud-based AP automation, all infrastructure investments are made in the cloud, and the cost is shared. Usually, providers of this approach charge on a transactional basis instead of the licence model.
How much can a business save with Accounts Payable automation?
According to Tipalti’s Invoice Processing and Cost Calculator, automated processing can save a business an average of £14.93 per invoice compared to companies that manually process their invoices.
Additionally, you can try Tipalti’s Payment Error Cost Calculator to help calculate costs due to errors.
How does AP software handle tax compliance?
Accounts Payable (AP) software helps companies manage their bills and payments efficiently, especially when it comes to tax compliance. AP software includes features and functionalities that address tax-related requirements accurately and timely.
Tipalti’s tax solution helps your company comply with all types of tax provisions and simplifies the AP process. Our guided tax form wizard assists suppliers in choosing the correct form based on the country and business structure.
For non-US payers, local and VAT tax ID collection is available. If the foreign entity comes from a country with a U.S. tax treaty, they can fill out and submit a W-8BEN-E form.
Tipalti facilitates United States IRS AP tax compliance with KPMG-approved tax form data validation and withholding calculations.
Do vendors interact with AP Automation software?
Yes, vendors do interact with Accounts Payable (AP) automation software. However, the nature and extent of their interaction varies based on the specific software and the business needs.
Here are several ways vendors might interact with AP automation systems:
Invoice Submission
Supplier invoices can be submitted electronically, creating a touchless process that reduces manual data entry.
Vendor Portals
Vendors can upload their invoices, manage account details, and check invoice payments in a self-service vendor portal.
Communication and Dispute Resolution
Through AP software, vendors can communicate directly with finance teams, which helps to resolve discrepancies or human errors quickly.
Payment Processing
One of the benefits of AP automation is fast payment processing. Vendors can check on payment status and sometimes offer early payment discounts based on electronic invoicing terms.
Registration and Profile Management
Vendors can register and manage profiles within an AP automation system. This includes tasks like updating contact data, payment preferences, and other relevant details.
Compliance and Documentation
Vendors may need to submit compliance documents (e.g., tax forms and certifications) through the software. Accounts payable automation software will also maintain a detailed audit trail, which vendors can access to review historical transactions and communications.
Does AP Automation replace my ERP system?
AP (Accounts Payable) automation will not replace your ERP system. Instead, it complements and integrates with your existing ERP to enhance its capabilities.
ERP system integrations are largely built around identifying back-end processes that can be streamlined with AP automation. Tipalti has pre-built integrations to connect to popular systems like Sage Intacct, NetSuite, QuickBooks Online, Microsoft Dynamics 365, Xero, and Acumatica.
The Tipalti platform syncs bill and payment data in real-time, accelerating the reconciliation process. The level of integration depends on your needs and workflow.
How does AP automation software integrate with ERP systems?
ERP system integrations are largely built around identifying back-end processes that can be streamlined with AP automation. Tipalti has pre-built integrations to connect to popular systems like Sage Intacct, NetSuite, QuickBooks Online, Microsoft Dynamics 365, Xero, and Acumatica.
The Tipalti platform syncs bill and payment data in real-time, accelerating the reconciliation process. The level of integration depends on your needs and workflow.
How does AP automation help the approval process?
Automation helps to reduce the AP portion of procure-to-pay cycle time. It’s a best practise for improving the AP workflow. It skips the endless approver follow-up that happens with manual invoice processing and eases the labour workload.
The system automatically verifies vendors and validates invoices. It then forwards the approval request to the right person in the organisation, completely automating the AP invoice approval process.
The invoice is automatically matched to the electronic purchase order in a two-way approval. Three-way approval requires those documents, plus a receiving report as the third item.
Does AP automation software improve supplier relationships?
AP automation improves global supplier management in a variety of ways. It immediately alerts merchants when invoices have been paid. Real-time status updates can be sent via email when something is not paid.
An automated AP accounting system can also be used for vendor management and compliance, as well as collecting tax data for VAT.
AP automation software forges stronger supplier relationships, and when a situation demands increased support or supply, vendors will be willing to go above and beyond to meet your needs.
How can automation improve the structure of an AP department?
Accounts payable automation software improves the structure of an AP department by separating duties both inside and outside of the team.
Proper segregation of AP duties is a requirement for solid internal controls. Other objectives include preventing fraud, matching responsibilities, and redefining roles to accommodate automation.
How does automated payment reconciliation work?
Automatic payment reconciliation enables a business to upload an electronic version of a bank statement and automatically reconcile it. The bank provides the e-version using “matching rules” that are designated in the system.
A business can speed up financial close with features like drill-down filters, transaction level details, ERP synchronisation, and real-time integrated reports.
Remittance results across all payment methods, entities, and geographies are instantly normalised and built into deep reporting. This leads to faster and more accurate reconciliation and general ledger reporting.
How does B2B payment processing work with AP automation software?
AP software improves oversight with a full view of B2B payment cycles and the analysis of accounts payable metrics. This is what makes AP software especially critical for operations for a small business.
When it comes to B2B payments, ACH transfers are the leading form of payment. Every year, cheque remittances steadily decrease while wire transfers are on the rise.
Can AP automation software find duplicate payments?
When selecting the best accounts payable software, look for a system that finds duplicate payments.
Tipalti has built-in financial controls and artificial intelligence to identify duplicate invoices in your accounts payable workflow. Our system checks from when the invoice is uploaded to when it’s approved, even communicating with integrated systems. When a potential duplicate is found, the system will notify the user with an urgent notification.