Syncit Group & Tipalti Join Forces
“Ecommerce isn’t the cherry on the cake—it’s the new cake.”
—Jean Paul Ago, CEO L’Oreal
For years, Syncit Group has been developing complex and scalable eCommerce solutions, including multi-store view, multi-language, and multi-currency online stores. Bearing in mind each store’s uniqueness and the needs of store owners, Syncit Group has also developed several custom eCommerce functionalities and extensions, including their most advanced software to date, Athena Search.
One of the main problems that eCommerce site owners face is spending an unnecessary amount of time and energy on the payables process. The best way to avoid this risky and time-consuming task is to automate payment management. And that’s where Syncit Group’s newest partner, Tipalti, comes in.
Tipalti helps eCommerce companies transform their payables process by applying smart cost and working capital controls, delivering operational efficiencies, eliminating fraud, and strengthening financial/compliance controls. With Tipalti, eCommerce companies reduce their time spent on the manual payables workload by 80%+ while accelerating financial close by 25%+.
By transforming your payables process, Tipalti automates every step in the journey—including self-service onboarding, managing suppliers/sellers, processing and approving invoices, executing payments, and reconciliation. Tipalti helps businesses make global payments to over 196 countries in 120 currencies and across six payment methods—all in a matter of clicks.
Tipalti is a Hebrew word that means We Handled It™ – and their mission is to handle your business’s global payables so that you can spend more time on strategic initiatives. Tipalti is proud to share that they’ve achieved a 98% customer retention rate with brands of all sizes, like Amazon, Twitch, GoDaddy, Roku, Twitter, Touch of Modern, Zola, and Brooklinen.
The powerhouse partnership between Syncit Group and Tipalti will give both existing and future online-business owners the opportunity to find everything they need in one place. It’s a win-win situation for business owners to increase value and save effort and energy on time-consuming tasks. Now, they can focus on what is important—providing the best services and experiences to their customers.