Tipalti is a cloud-based accounting management solution that helps users automate their accounts payable process. It offers a variety of features, including invoice automation, payment remittance, regulatory compliance management, tax calculations, supplier management and reporting and payment reconciliation.
The tool also offers a web portal that helps with supplier onboarding and management, and it sends automated notifications to vendors about invoices, payment statuses and other information.
Tipalti helps streamline supplier payment workflows, simplify approval routing and automate invoice collection. It offers compliance management support and automatically checks payment information against 26,000 regulations.
Tipalti provides payment reconciliation reports that are integrated with users’ enterprise resource planning (ERP) and accounting systems. The product integrates with leading ERP and performance management systems such NetSuite, Xero, Oracle, CAKE and others.
Tipalti is suitable for small, midsize and large enterprises, as well as freelancers, across a variety of industries.