Tipalti provides an AI‑enhanced finance automation platform that consolidates accounts payable, mass payments, procurement, and expense management into a single workflow. The solution automates invoice capture, tax compliance, supplier onboarding, and global payouts in over 120 currencies, and syncs real‑time spend data with major ERP systems for reconciliation and analytics.
Funding
$200M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+4Founders
Product
Problem
Finance teams often handle high‑volume invoices, supplier onboarding, tax compliance, and cross‑border payouts using disparate tools and manual processes, leading to errors, delays, and limited visibility across the payables lifecycle.
Solution
Tipalti provides an AI‑enhanced, end‑to‑end finance automation suite that unifies accounts payable, mass payments, procurement, and expense management. The platform captures invoice data with machine‑learning‑driven scanning, validates supplier tax information automatically, and routes approvals through configurable workflows. Integrated global payment rails support payouts in over 120 currencies to more than 200 countries, while real‑time reconciliation syncs spend data with leading ERP systems. Built‑in fraud detection and compliance controls keep transactions secure, and a web dashboard delivers actionable analytics for finance leaders.
Features
- AI‑powered Smart Scan for invoice extraction, auto‑coding, and duplicate detection
- Automated tax compliance engine that captures and validates W‑9/W‑8 forms and global tax IDs
- Multi‑currency global payment network with 50+ payout methods and FX hedging capabilities
- Self‑service supplier portal with multilingual onboarding and 2‑/3‑way PO matching
- Corporate card integration that reconciles card transactions automatically into the ERP
- Real‑time fraud detection and risk scoring using machine‑learning models
- RESTful APIs and pre‑built connectors for Oracle NetSuite, QuickBooks, Sage, Microsoft Dynamics 365, Xero, and other ERP platforms
- Secure cloud infrastructure with end‑to‑end encryption, role‑based access controls, and audit logging