Tipalti Invoice & Accounts Payable Automation

Tipalti Global Payables Automation

Founded in 2010, Tipalti provides a comprehensive accounts payable solution for high-velocity businesses. Headquartered in San Mateo, California, Tipalti serves 2,000+ enterprises with $30B in annual remittance, and provides a unified global payables solution for business and finance departments.

Tipalti streamlines the entire accounts payable and supplier payments operation. This operation allows you to: Onboard suppliers through a self-service portal, capture payment data and validation to ensure payment data integrity, collect W-9 / W-8 digital tax forms, process invoices seamlessly, capture bills with OCR (Optical Character Recognition) and machine learning including advanced approval rules, bills, 2-way and 3-way PO matching, secure global vendor payments (including US ACH / global ACH processing, wire transfers, PayPal, prepaid debit card, and paper checks), and perform proactive OFAC/SDN screening.

Tipalti provides early payments/supply chain finance options, payment reconciliation, and AP reporting. Our solution offers unique insight and alignment between suppliers, payments, and results. Tipalti cuts 80% of the AP workload, accelerates financial close by 25% while syncing with entity-specific accounting/ERP sub-ledgers, and provides enterprise grade security, compliance, and financial controls.

Benefits

Tipalti AP & Supplier Payments Automation for Sage

Tipalti, a Sage Intacct Partner, allows your finance department to painlessly manage its entire accounts payable and supplier payments operation by streamlining: Supplier onboarding and vetting, W-9 / W-8 tax compliance, Invoice collection, invoice processing, 3-way and 2-way PO matching, and invoice approvals, Proactive OFAC screening, International supplier payments, Early payments, Supplier communications, Payment reconciliation & AP reporting with Sage. show less

Key Benefits

Eliminate 80% of your AP and supplier payments workload. Tipalti cuts the manual work from your accounts payable processes, so you can focus on growth instead of back-office financial operations. Tipalti provides the infrastructure to set you up for long-term sustainability, so you’ll never have to implement another AP system. Reduce tax, regulatory, and financial control risk. Built-in audit logs, OFAC & other sanctions screening before every payment, signatory rights, robust workflow approvals, and KPMG-reviewed digitized tax form collection and validation mitigate risk and fraud—and ensures compliance. Extend your payment terms. Extend payment terms, while your early payment referral fees give AP revenue sharing opportunities. Allow your company to manage cash flow better without impacting working capital. Improve your supplier relationships. Offer a broad range of global payment methods and currencies, provide early access to cash, and give visibility throughout the payment lifecycle to improve your payment accuracy and enhance your supplier’s payment experience. show less

Sage + Tipalti Highlights

Multi-subsidiary support. Manage subsidiaries with different AP processes and workflows and still see a consolidated view by having different brandings, payment methods, tax flows, communications, reconciliation, and reporting in one Tipalti model. Synced statuses. Tipalti automatically syncs invoice, PO, and payment details. These are accessible directly in Sage Intacct, accelerating reconciliation and the financial close. Instant payment reconciliation. Extend Sage Intacct capabilities with instant payment reconciliation for faster, more accurate GL reporting. Pre-built integration. Vendor information can be synced through the vendor management module, while bill, payment, and fee data are synced to Sage, ensuring systems are always up to date. show less

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