Best way to mass-pay partner networks?
Tipalti’s fully-brandable global mass payables automation solution for performance-based business models minimizes manual effort, maximizes self-service, and dramatically increases scalability and auditability. Here’s how it works to elevate your finance team.
The most critical step comes first: onboarding your partners to ensure they’re payable.
You invite partners to register on a white-labeled IFRAME portal to provide their contact, billing details, and tax identification.
- The responsibility is on the partner to provide information, incentivizing them to do it right in order to be paid.
- This step is vital to ensuring that no one is paid that your business hasn’t authorized.
- Seamless brand experience
- Deepen partner relationship
- Collect and verify tax IDs
[Optional] Partners are validated with the Tipalti Detect™ risk module to reduce potential fraud.
Mitigate payee fraud exposure with proactive detection.
- Track relevant datapoints (e.g. contact details, account numbers, emails, and payments).
- Identify suspicious payee activity.
- Maintain suspicious activity records
- Check every payment made to partners
Your performance system links to Tipalti to determine how much and when to pay partners.
Performance data to trigger payments can be linked to Tipalti via API, CSV payment file, or direct integration into tracking systems.
- Direct integrations with CAKE, Everflow, HitPath, LinkTrus, Paladin, and TUNE.
- Ideal for homegrown performance systems used in online marketplaces, affiliate and performance networks, publisher networks, gaming, digital media, and crowd-based services.
- Maintain invoice records
- Set up straight-through processing and approvals
- Frees up manual effort
[Optional] Self-Billing module simplifies workflow for regions that require it.
- Support for multiple workflows
- Maintains full compliance record
[Optional] With NetNow, the vendor will receive an offer for an early payment.
Once the invoice is uploaded and fully keyed in, the vendor will be offered an early payment.
- A small amount will be subtracted from the payment on a prorated basis to the due date.
- Tipalti will assume the risk on the invoice.
- Easily increase payment terms
- Payer risk is minimal
- Improves vendor cash flow and working capital
Payments are automatically scheduled and await an approver to confirm payment.
- Hassle-free approvals for stakeholders
- Clear audit trail for approval workflow
- Pay across multiple payment methods in a matter of clicks
Partner communications are automated.
Partners will be notified when a payment is made or if there’s a problem.
- Emails come from your business and have your branding to ensure trust
- If there’s a problem, the email prescribes a solution, often asking the partner to update or provide additional information through the portal
- Reduced payment inquiries
- Proactive communication
Reconciliation happens in real time.
Once the payment lands and clears, Tipalti is automatically updated with the successful result. No manual bank reconciliation is required.
- Payment data is sent to any connected ERPs or tracking platforms
- Complete details of transfer or conversion fees are included
- Faster reconciliation to accelerate the financial close
- Accurate, updated payment data
GET STARTED
Contact us today to schedule a demo to see if Tipalti can help automate your accounts payable processes.