Tipalti Global Payables Automation

Tipalti makes it painless for finance departments to manage their entire finance operations process by streamlining:
-Supplier onboarding and vetting
-IRS & VAT validations; W-9 / W-8 / 1099 tax compliance
-Invoice collection, invoice processing, and invoice approvals
-International supplier payments
-Payment reconciliation & AP reporting
-Procurement
-Expense and Reimbursement
-Corporate Card

Key Benefits
Eliminate 80% of AP workload and avoid additional hiring:
As you add more invoices, payments, global suppliers, subsidiaries, costs, and audit controls, automate your payables process to easily manage the changing needs without requiring more resources. Your finance teams can free up their valuable time and focus on strategic initiatives.

Reduce tax, regulatory, and financial control risk with our KPMG-Approved Tax Engine:
Collect and validate IRS, VAT tax IDs, W-9, W-8, VAT Details, 1099 & 1042-S reports, and calculate withholdings. Ensure compliance with digitized tax form collection, automatic validation against 3,000+ rules, and OFAC sanctions screenings before every payment.

Supplier Self-Service:
Tipalti features a guided self-service web portal available in 27 languages for suppliers to be quickly onboarded. Tipalti’s proprietary rules engine, driven by 26,000 global payment rules, identifies payment issues before they happen to reduce payment error rates by 66%.

Accelerate financial close by 25%+:
Automatically reconcile payments into Acumatica, including syncing with entity-specific sub-ledgers, which enables real-time cash flow and spend visibility while streamlining payment reconciliation across entities.

Automated Invoice Management:
-Bill submission via email using your company’s email alias or via the supplier portal
-AI Smart Scan extracts invoice details and populates bill information at both the header and line levels
-Artificial Intelligence drives invoice approval sequences based on criteria such as supplier and GL accounts
-Configure advanced approval workflows based on organization structure and budget

Procurement Management:
-Intuitive, customizable intake forms to enable employees to manage all the purchases
-Automatically generate purchase requests with free text powered by AI
-Robust approval flow management for automated approval routing tailored to company policies
-30+ ticketing system integrations to extend workflows to cross-functional teams

Expense and Corporate Card Management:
-Secure reimbursements to employees in 196 countries, supporting 120 currencies and 50+ payment methods
-Automate reconciliation by categorizing expenses and card transactions by GL expense type
-Institute spend control by setting up custom controls, spend limits
-Integrate with MasterCard, Visa, and American Express