Scaling Payables Operations: Secrets from Two Hyper-Growth Companies

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The larger an organization becomes, the more bills it needs to pay. But it’s not just invoice processing that growing companies need to contend with. The entire supplier engagement process is impacted—including onboarding, collecting the right tax forms, invoice management, and ensuring error free payments. And these tasks are dramatically more challenging for global businesses with cross-border payables. Discover the benefits of true global AP automation, including: - Multi-subsidiary businesses managed seamlessly, all in one solution - Significant reduction in your payables workload & AP department by 80% - Accelerated financial close by 25%+ - Reduction in the use of paper checks, which are fraud prone and costly - 26K built in payment rules, designed to help you reduce payment errors by 66%+ - 24/7 supplier portal for better visibility into payment statuses, which improve supplier relationships and reduce clerical inquiries
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Tipalti is the only global payables automation solution to streamline all phases of the AP and payment management workflow in one holistic cloud platform. Tipalti makes it painless for accounts payable departments to manage their entire supplier payments operation. The solution addresses everything from supplier onboarding and vetting, to tax and regulatory compliance, invoice processing, payments to suppliers anywhere in the world in a wide range of payment methods and currencies, supplier payment status communications, to closing the loop with payment reconciliation and reporting.