Tipalti Named a Key Solution Provider of 2020 by Ardent Partners

San Mateo, CA – August 7, 2020 – Tipalti, the leading global payables automation platform,  today announced that it was selected as a Key Solution Provider of 2020 by Ardent Partners.

Technology continues to play an increasingly important role in driving business outcomes. Ardent Partners has reviewed and evaluated hundreds of different solution providers in the finance, P2P, procurement, and HR spaces. Ardent Partners recognized Tipalti as a Key Solution Provider in 2020 for their innovative global payables automation solution and the impact they have had on customer results.

Bob Cohen | VP of Research and Marketing, Ardent Partners

This inaugural award looks broadly at an exclusive group of exciting providers that Ardent’s analyst team believes is well-positioned to make a big impact in the finance and procurement markets this decade. This award is presented to 20 companies within the distinct AP/P2P, sourcing/procurement/supply, and contingent workforce markets. 

Tipalti makes it painless for finance departments to manage their entire cross-border, cross-subsidiary accounts payable, and supplier payments operation. Tipalti cuts up to 80 percent of the AP workload while accelerating financial close by 25 percent, allowing teams to focus more on strategic finance initiatives, and provides the AP infrastructure that scales with growing businesses.

We are honored to have received this award from Ardent Partners as another validation of Tipalti’s vision for the AP/P2P space. The finance operations discipline has been held back by manual processes and archaic technology that takes an incomplete approach to accounts payable. For high-velocity businesses looking to scale and continue their upward trajectory, Tipalti can help eliminate 80 percent or more of their payables workload.

Chen Amit | Founder & CEO, Tipalti