Tipalti

Jonathan Wu, COO, Touch of Modern: “It used to take a week to pay vendors. With Tipalti, it’s completely automated, while suppliers get paid more promptly, and we no longer need to deal with multiple international banking systems.” Tipalti is the world’s most global payment automation solution, streamlining the entire

Editorial Team
May 12, 2021
2 minutes

Tagged under:
BankingTech
North America

Tagline

Jonathan Wu, COO, Touch of Modern:
“It used to take a week to pay vendors. With Tipalti, it’s completely automated, while suppliers get paid more promptly, and we no longer need to deal with multiple international banking systems.”

Mission statement

Tipalti is the world’s most global payment automation solution, streamlining the entire process of paying partners and suppliers anywhere in the world. Tipalti helps accounts payable departments scale efficiently with global growth, by eliminating up to 80% of the payment management workload while ensuring complete tax and regulatory compliance. The cloud-based system includes payee setup and onboarding, tax information and VAT / tax id collection, invoice self-billing, OFAC and international “blacklist” protection, international payment remittance across 190 countries and currencies, partner-selected payment methods and currencies, payment issue resolution, and payment reconciliation and payee reporting. See why fast-growing companies like GoDaddy, Disqus, and many others, trust Tipalti to process over $1.5 billion in B2B payments annually.

Profile

Tipalti is the most global payment solution, streamlining the entire process of paying suppliers anywhere in the world. Tipalti helps accounts payable departments scale efficiently with global growth, by eliminating up to 80% of the payment management workload while ensuring complete tax and regulatory compliance.

Benefits

– Scale your accounts payable operations with global growth
– Eliminate up to 80% of your time spent manually managing supplier payments, streamlining the complete payments management process from payee onboarding through to payment reconciliation reporting.
– Ensure full tax and regulatory compliance, with built-in tax form, VAT and id collection and OFAC / blacklist checking
– Easily pay suppliers anywhere in the world, in their payment method and currency of choice