Leveraging Technology to Transition from Transactions to Relationships

Presented by

Ernie Humphrey, CEO & COO of Treasury Webinars

About this talk

Supplier relationships matter. The strength of supplier relationships impacts contract terms, and the timing and type of supplier payments which can have meaningful impacts on the bottom line. Friction in supplier relationships impact productivity within and beyond accounts payable and procurement, inflates payments processing costs and facilitates working capital management decisions that are less than optimal. Join us to discover 7 bottom-line impacts from supplier management done right and how companies are leveraging technology to: * Reduce friction within your AP team and with suppliers to facilitate collaboration and build relationships with suppliers * Empower employees to spend more time to perform strategic, business-critical tasks while also getting greater professional fulfillment * Reduce AP processing costs * Easy replication of tasks and processes across multiple locations, international borders, and business units. * Allows business to retain full control and autonomy over operations rather than outsourced low-value tasks to a third party.

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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.