Tipalti Multi-FX

  • 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!

Jason Wechsler, Senior Director of Accounting, PubMatic

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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.

Effortless FX

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!

  1. Fund your virtual account in your preferred currency
  2. Tipalti converts to the local currency
  3. 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

Continue exploring Tipalti's rich payables platform

Supplier Management
Tipalti’s white-labeled self-service portal offloads data collection to suppliers and lets them choose payment options and view status.

Invoice Workflow Automation
Touchless invoice OCR capture, approval processing, and PO matching for faster, more accurate invoice management 24×7.

Global Payments
Effortless mass payments to 190 countries and 120 currencies without bank portals. Drive cost savings and audibility by shifting toward electronic payment methods.

Tax and Regulatory Compliance
Tipalti’s KPMG-certified compliant tax module automates tax identity collection and validation for IRS and VAT compliance.

Reconciliation and AP Reporting
Instant payment reconciliation and financial reports avoid the time-consuming and error-prone process of manual reconciliations to better guide cash flow decisions.

NetNow Accelerated Payments
Remove the challenge of extending supplier payment terms and offer early payments to them without touching your company’s own cash.

Multi-Entity Support
Manage AP across global and domestic subsidiaries and entities through a single platform, helping finance departments grow and scale compliantly.

Financial Controls
Audit trails and role-based views are just a few of the governance capabilities to mitigate risk and fraud – and ensure compliance.

Secure Cloud Infrastructure
SSAE 16 SOC compliant and ISAE 3402 Type II certified – All data is collected and transmitted securely over HTTPS and PII is stored encrypted using AES.

System Integrations
Connect to ERPs, accounting packages, or performance tracking systems like NetSuite, QuickBooks, and many others to provide closed-loop accounting.

Built-In API
Directly connect to your business applications with Tipalti’s powerful and secure supplier payments SOAP application programmable interface.

GET STARTED

Contact us today to schedule a demo to see if Tipalti can help automate your accounts payable processes.