May 7-9, 2017 | Disney’s Yacht & Beach Club Resorts® | Walt Disney World® Resort, FL

Tipalti

Company Info

Description

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Tipalti provides one cloud platform to automate the entire supplier payments operation. By streamlining the end-to-end invoice-to-pay-reconcile workflow, accounts payable organizations are able to wipe out 80% of their workload spent managing these processes, while strengthening AP financial and compliance controls, reducing fraud, and elevating supplier relationships. Tipalti’s holistic AP solution includes white-labeled supplier onboarding / validation, tax compliance, invoice management including digital OCR, AML / OFAC regulatory checking, remittance to any country, branded supplier payment status communications, instant payment reconciliation and AP reporting, and integration with ERP. Unique differentiated capabilities include: A. Real-time supplier validation across our proprietary 26,000+ global rules engine to reduce payment error rates and ensure a clean vendor master file, B. KPMG-certified FATCA-ready tax compliance capability to help clients avoid tax compliance fines and penalties and verify suppliers proactively, including supplier tax form questionnaire wizard, digital tax forms with 1,000+ validation rules (ex. EIN, TIN, SSN checking), withholding calculations, 1099 and 1042-S tax preparation reporting, C. Global remittance execution to 190+ countries, 120+ currencies in 6 different payment methods, D. Enterprise-grade financial controls and reporting, including instant cross-payment method/account/country payment reconciliation, invoice and payment approval workflows, signatory rights, user access and view controls, user and supplier audit trails, etc. Tipalti prides itself on having maintained a 99% customer retention rate throughout our history, with hundreds of customers including GoPro, Eventbrite, Twitter, Zumba, GoDaddy, Nikon, and Vimeo.

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