Tipalti Global Payables Automation

Key features

• 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.
• 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.
• 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, 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.
• 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.
• 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.