Tipalti

TL;DR

Enterprise-grade finance automation platform that streamlines accounts payable, procurement, expense management, and mass payments globally
Reduces AP processing time by up to 80% through AI-powered invoice processing and automated workflows
Serves mid-sized companies (100-10,000+ employees) across industries like AdTech, eCommerce, Healthcare, and Software
Supports payments to 200+ countries in 120+ currencies with built-in tax compliance and fraud protection

What is Tipalti

Tipalti is a comprehensive AI-driven finance automation platform designed to streamline and automate global financial operations for mid-sized and growing companies. As a Finance Operations Automation solution, it consolidates accounts payable (AP), procurement, expense management, and mass payments into a single, integrated platform. The tool addresses the core challenge of managing complex, manual, and error-prone financial processes by automating everything from invoice processing and approval workflows to global supplier payments and tax compliance. Tipalti enables finance teams to reduce processing time by up to 80%, eliminate manual data entry, ensure regulatory compliance across multiple jurisdictions, and scale operations globally without adding headcount.

Key Features

AI-Powered Invoice Processing: Utilizes Smart Scan technology to automatically extract and validate invoice data with 99%+ accuracy, eliminating manual data entry and reducing processing time to minutes instead of hours.
Global Payment Capabilities: Supports 50+ payment methods to 200+ countries in 120+ currencies, including ACH, wire transfers, PayPal, and local payment rails, all from a single platform with automatic currency conversion.
Multi-Entity Management: Centralizes financial operations across multiple subsidiaries, brands, and business units with consolidated reporting while maintaining separate books and compliance requirements.
Automated Tax Compliance: Built-in W-9/W-8 collection, TIN validation, 1099/1042-S reporting, and multi-jurisdictional tax compliance reduces audit risks and eliminates manual tax form management.
Supplier Self-Service Portal: White-labeled portal enables suppliers to onboard themselves, submit invoices, track payment status, and update banking information without involving AP staff.
Advanced Fraud Detection: Tipalti Detect® uses machine learning to monitor transactions in real-time, flag suspicious activities, and prevent payment fraud before it occurs.
Procurement Automation: Streamlines purchase requisitions, approvals, and PO creation with AI-generated requests, budget controls, and automated 2- and 3-way matching.
Seamless ERP Integration: Pre-built connectors for NetSuite, SAP, QuickBooks, Microsoft Dynamics, and other major ERPs ensure two-way data sync without custom development.

Who is Tipalti for?

Mid-Market CFOs and Finance Leaders: Companies with 100-10,000 employees looking to scale financial operations without proportionally increasing headcount
Accounts Payable Teams: AP managers and staff processing high volumes of invoices who need to reduce manual work and improve accuracy
Global Businesses and Marketplaces: Companies paying international suppliers, contractors, or partners who need multi-currency and cross-border payment capabilities
AdTech and Affiliate Networks: Platforms managing thousands of publisher or affiliate payments requiring automated onboarding and mass payment distribution
Healthcare Organizations: Medical practices, hospitals, and healthcare services companies needing HIPAA-compliant financial automation
eCommerce and Retail Companies: Businesses with complex supplier networks requiring automated invoice processing and payment management
Software and Technology Companies: SaaS businesses and tech firms needing to automate vendor payments and expense management
Gig Economy Platforms: Companies paying large numbers of freelancers, contractors, or gig workers requiring tax compliance automation

Key Use Cases & Applications

Automating high-volume invoice processing for growing companies: Eliminate manual data entry and reduce processing time from days to hours for businesses handling 1000+ monthly invoices
Managing global supplier payments across multiple currencies: Consolidate international vendor payments through a single platform with automatic FX conversion and local payment methods
Streamlining month-end close for finance teams: Reduce close time by 40% through automated accruals, real-time reporting, and seamless ERP synchronization
Scaling affiliate and publisher payments for AdTech platforms: Automate mass payments to thousands of partners globally with self-billing and automated tax compliance
Centralizing AP operations for multi-entity organizations: Manage invoices and payments across subsidiaries from one system while maintaining separate books and compliance
Ensuring tax compliance for contractor and freelancer payments: Automate W-9 collection, TIN validation, and 1099 reporting for businesses with large contractor networks

Pros

Significant time savings with 80% reduction in AP processing time: Users report cutting invoice processing from hours to minutes through AI-powered automation
Comprehensive global payment infrastructure supporting 200+ countries: Eliminates the need for multiple payment providers or complex banking relationships
Built-in compliance and fraud protection reduces financial risk: Automated tax form collection and real-time fraud monitoring protect against costly errors and security breaches
Seamless integration with major ERPs preserves existing workflows: Pre-built connectors mean no custom development or disruption to current processes
Scalable platform grows with your business: Handles increasing transaction volumes without requiring additional staff or system changes
White-label supplier portal improves vendor relationships: Self-service capabilities reduce supplier inquiries by up to 75%

Cons

Limited customization in starter tier: Basic plan lacks advanced workflow customization and is restricted to domestic operations only
No transparent pricing for most plans: Custom pricing for Premium, Elite, Accelerate, and Plus tiers requires demo and sales consultation
Minimum transaction volumes may exclude smaller businesses: Platform is optimized for companies processing at least 100+ invoices monthly
Initial implementation can be complex for multi-entity organizations: Setting up multiple subsidiaries and custom workflows typically requires 8-12 weeks with professional services support

Pricing Info

Starter - $99/month
- Supplier portal for self onboarding
- W9/W8 collection and TIN validation
- AI Smart Scan invoice processing
- Flexible bill approval rules builder
- Domestic multi-entity infrastructure
- Integrations with leading ERPs
- Option to add Card and Expenses
Premium - Custom pricing (Most Popular)
- Includes all Starter features
- Introductory procurement features, including intake, AI to auto-generate purchase requests and more
- 2 & 3-way PO matching
- Global multi-entity & multi-currency infrastructure
- Option to add Mass Payments
Elite - Custom pricing
- Includes all Premium Features
- Fully featured, customizable and integrated Procurement solution
- Streamlined, cross-functional supplier review and communication
- Customized & advanced approval rules for purchase requests
- Budget management
- Integrations with Slack
Accelerate - Custom pricing
- Customizable, embeddable payee self onboarding
- W9/W8 collection and TIN validation
- 50+ payment methods to 200+ countries in +120 currencies
- Two-way API sync with leading performance tracking software and ERPs
- Global multi-entity and multi-currency infrastructure
- Option to add Expenses
Plus - Custom pricing (Most Popular)
- Includes all Accelerate features
- Tipalti Detect® risk module for fraud monitoring
- Self-billing with payee approvals
- Access to Tipalti Developer Hub and APIs
- Option to add AP, Procurement, Expenses, and Card

FAQs

How long does Tipalti implementation typically take?

Implementation timeline varies based on complexity. Simple single-entity setups can go live in 4-6 weeks, while complex multi-entity organizations with custom workflows typically require 8-12 weeks. Tipalti provides dedicated implementation specialists and has a proven onboarding methodology to ensure smooth deployment.

What size company is Tipalti best suited for?

Tipalti is optimized for mid-market companies with 100-10,000 employees processing at least 100+ invoices monthly. While smaller companies can use the platform, they may find the Starter plan limiting and the higher tiers cost-prohibitive until they reach sufficient transaction volume.

Does Tipalti replace my existing ERP system?

No, Tipalti complements your ERP rather than replacing it. It acts as a specialized finance operations layer that integrates with your existing ERP (NetSuite, SAP, QuickBooks, etc.) to automate AP processes while maintaining your core financial system of record.

What payment methods does Tipalti support internationally?

Tipalti supports 50+ payment methods including ACH, wire transfers, global ACH, PayPal, prepaid debit cards, and local payment rails specific to each country. The platform automatically determines the most cost-effective payment method based on destination and amount.

How does Tipalti handle data security and compliance?

Tipalti maintains SOC 1 Type 2 and SOC 2 Type 2 certifications, PCI DSS compliance, and uses 256-bit encryption for data at rest and in transit. The platform includes role-based access controls, audit trails, and automated compliance features for regulations like GDPR, HIPAA, and various tax requirements.

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