Supplier Management System
- Onboard Suppliers with brandable portal.
- .Collect contact details.
- Verify bank account information.
- Collect and validate IRS and VAT tax IDs.
- Promote supplier self-service.
Designed to easily guide suppliers through submitting contact information, banking details, and tax forms, Tipalti’s intelligent, dynamic self-service supplier portal helps you effortlessly onboard vendors while improving supplier relationships with a best-in-class, web-based payments experience – all done in a few simple steps.
I don’t have to deal with all of the supplier email questions, problems, or discrepancies. It’s all done on the portal!
Controller at Tapjoy
Customize the Supplier Hub & Streamline Data Entry
Tipalti lets your brand take center stage with our Supplier Hub that can either be hosted by Tipalti or a white-labeled iFrame that embeds securely in the HTML of your website. Self-service makes it easy for suppliers to onboard quickly.
- Match the online Supplier Hub to your brand’s look and feel.
- Put the responsibility of collecting and maintaining accurate data on your suppliers, cutting the time AP spends onboarding vendors.
- Eliminates duplicate registrations for a clean vendor master file.
Optimize for Payments around the World
Tipalti gives global payees the flexibility to choose how they want to be paid and in what currency. Tipalti provides clear visibility into any related transaction fees, while helping keep your company in full tax and regulatory compliance.
- Suppliers choose their preferred payment method, currency, and payment thresholds.
- The Supplier Hub is multilingual, with support for 11 languages.
Securely Collect Information & Reduce Payment Errors
Tipalti’s proprietary rules engine, driven by 26,000 global rules, identifies payment issues before they happen to reduce payment error rates. Our rules vet and validate local bank routing details such as SWIFT and IBAN codes, screen OFAC blacklists, and more – all based on the payee’s country and payment method.
- Reduce payment errors by 66%+.
- Get global payment intelligence and fraud prevention built in.
Vet & Submit Tax Forms Prior to Payment
Our tax form selection wizard guides payees to select and complete the correct tax form, while 1,000+ rules and TIN matching verify details. End-of-year 1099 and 1042-S reports provide a submission-ready file to help manage reporting to federal and state authorities, including withholdings. This tax compliance capability is KPMG reviewed and approved to meet IRS requirements. Non-US payers can take advantage of local tax/VAT ID collection in 49 countries.
- Collect W-9/W-8 tax forms seamlessly during onboarding.
- Verify tax details to prevent backup withholding penalties.
Provide Complete Supplier Visibility, Reduce Status Inquiries
Through the Supplier Hub, suppliers can update their payment information, see payment statuses (including issues that may prevent them from receiving funds), and view invoice and payment history.
- Suppliers receive proactive, white-labeled payment status email updates.
- Suppliers can get a real-time view of payments and invoices.
Select the right capabilities for your needs
I need Tipalti to: