Tipalti

Information Technology and Services

Tipalti is an accounting software financial technology business that provides consolidated accounts payable and remittance automation services for businesses needing to pay their global suppliers. The primary benefits of Tipalti are typically a reduction in the payables workload by 80%, strengthening of financial and compliance controls, acceleration of the financial close by 25%, and improvement of the partner payments experience. The solution is unique in that it is focused on serving the needs of fast-growing and midmarket organizations with a focus on helping them scale their payables process as they continue maturing and growing. Their solution addresses the end-to-end payables workflow, from supplier onboarding and management to AP tax compliance, invoice processing, PO matching, fraud detection, global payments execution, multi-subsidiary management, currency conversion, early payments, payment reconciliation and AP reporting, and ERP integration. The company has a valuation of over $2 billion. Tipalti is headquartered in San Mateo, CA with offices in Vancouver, Canada and R&D in Glil-Yam, Israel.'}]

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