Global Supplier Payments
Mass payment to pay thousands in a matter of clicks
- Pay to 196 countries in 120 currencies
- ACH, wire transfer, eCheck, PayPal, and more
- 26,000 rules to reduce payment errors
- Enterprise-Grade financial controls
Tipalti has significantly increased our productivity. Paying publishers would take a week just to initiate and track payments, as well as send checks or PayPal. And we’d spend two days a month investigating and resolving payment issues. Now we’re able to do all this in one‐fifth the time.
Jeff Magliola
VP Operations at Content.ad
Mass Payment Execution Made Easy
Say goodbye to data entry across multiple bank portals, costly overhead, and extra fees. Schedule payments in different methods, countries, and currencies in a single application. Tipalti automatically remits to suppliers in all payment methods with no interaction required by your staff.
- Trigger payments from invoices, payment file upload, or the Tipalti API
- All payment status and data from each payment method is reconciled, normalized, and can be sent to ERP
- Eliminate the need to hire to meet payables needs as you grow
Global Coverage, International Payment Methods
Whether you’re paying suppliers, contractors, freelancers, publishers, or vendors, Tipalti can handle it. The self-service supplier portal guides suppliers through choosing their preferred payment method and collecting banking details.
- The global payments system executes payments to 196 countries in 120 local currencies
- Six international payment methods – US ACH, global ACH (eCheck), wire transfer, PayPal, paper check, and prepaid debit card
- Automatically validates supplier data in real-time using 26,000 global banking rules to eliminate payment errors.
- No phones, emails, or faxes by your finance staff
- Flexible and secure mass payments backed by our money transmitter licenses
Advanced Payment Configuration Options
Want to move people off paper checks and wire transfers or wait to pay on smaller payment amounts? Tipalti incentivizes suppliers to choose the most cost-effective payment methods and shift to more efficient, safe electronic payments.
- Use transaction fees to incent or pass fees on to payees depending on their chosen payment methods
- Payment thresholds hold payments until a specified limit is reached, improving cost margins on transactions
Payment Transparency Throughout
Looking to reduce calls to your payables department? Proactive payment status communications keep suppliers informed when payments are processed, when (and why) they fail. Suppliers can also view their complete payment history in the online portal, freeing your team from hours spent on issue resolution.
- Payees alerted if additional information is required to process payment, if tax forms need to be updated, and more
- All payment communications and self-service portal access are white-labeled so that your brand stays front and center with your suppliers
Enterprise-Grade Financial Controls
Protect the funds that are leaving your organization. Instituting strong internal controls is critical to scale payment operations. Enforce delegation of authority, segregation of duties, and system access.
- Unlimited payment approvers, configurable workflows, and role-based access
- Audit trail logs capture user activity in the system, assuring you always have a record for auditability
Tipalti is the most comprehensive payables platform available
Learn more by exploring our feature set
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