Tipalti Pi™ (Payables Intelligence)
Employing AI and machine learning to make payables smarter and more efficient
- Efficient AI assistance controlled by controllers
- Reduce process risks and errors
- Proactively uncover processes to streamline
Tipalti Pi helps us reduce risk and improve our process flow throughout our payables operation. It is truly smarter payables and continues to improve with additional functionality.
Mark B. Lewis
Chief Financial Officer at Lockerdome
Tipalti Pi is a continuously-adaptive, integrated payables intelligence engine on the Tipalti platform designed to aid in a variety of ways to make the entire payables process more efficient and better controlled.
Smart, Efficient Control for Controllers
Managing finance and accounting can be a delicate process that demands some amount of oversight. AI shouldn’t take action unless someone clears it to do so. Tipalti Pi acts as an assistant (not an automaton) to expose issues and processes that could use more attention across the entire payables cycle. Pi ensures that someone human is in control of financial actions.
Reduce Productivity-Damaging Errors Across the Board
Duplicate bill/invoice entries, form validations, data entry: these are the points that can cause havoc to payables processing. Tipalti Pi identifies issues and alerts you to them or guides you around them. Here are just a few examples of how Pi reduces payables process errors.
- 26K rules to guide payees on the Supplier Hub
- Identify payee risk profiles through Tipalti Detect
- Identify duplicate invoices
- Facilitate PO matching and discrepancy detection
Optimize Your Payables Workflow Efficiencies
Nothing slows down a business more than an invoice waiting to be entered into the system and cleared for payment. Tipalti Pi works in the background to assign proper GL coding and approval routing. Pi learns to record bill fields for line-level charges (expense accounts, departments, classes, locations, projects, cost center, entity, custom fields, etc.).
Designed for the Future
The beauty of Pi is that Tipalti will continuously be adding new capabilities to it as the platform continues to progress. Our team will identify improvement opportunities through application usage. We’re already working on ways for Tipalti Pi to assist in scheduling, escalation, and AP data analysis.
Select the right capabilities for your needs
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