- Simplify FX & currency management for accounts payable
- Support for over 30 currencies
- Ideal for multiple subsidiaries and entities
Tipalti Multi-FX can save you time and money on currency conversions for payouts across global entities, international payroll, taxes, and other outbound payments. All you need to do is fund your Tipalti virtual account once in a single currency and Tipalti takes care of converting to 30+ local currencies.
Using Tipalti Multi-FX has freed up a lot of time, as we no longer have to buy foreign currency on spot to execute our global payouts. Keeping everything in one system has been a great relief to shift the FX conversion burden to Tipalti!
Senior Director of Accounting at PubMatic
Currency Conversions without the Complications
If you’re an international company with multiple subsidiaries, chances are you’ll need to make payments in local currency for those entities. Managing multiple banking relationships for entities that don’t generate revenue and are strictly cost centers can add unnecessary complexity to a global financial operation. With Tipalti, global payouts across currencies and countries have never been simpler.
- Eliminate the need to maintain regional bank accounts solely for payouts
- Provide one central virtual account to manage payments across all subsidiaries, currencies, and payment methods.
If you don’t have enough funds in your local operating account to cover your entire payment run or support operational costs such as payroll or taxes, you don’t need to make an emergency bank run to purchase foreign currency on spot. Instead, let Tipalti handle it!
- Fund your virtual account in your preferred currency
- Tipalti converts to the local currency
- Tipalti executes the payments for you
Completely Streamlined Global Payables
Whether your company operates in the US, UK, or anywhere else in the world, Tipalti Multi-FX can help save you time and money, while also optimizing the entire payables process.
- Remove the hassles of converting and funding in multiple currencies
- Get highly competitive rates for conversions that leverage Tipalti’s $8.0B dollars of spend running through our platform annually
Select the right capabilities for your needs
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