Tipalti Accounts Payable Automation

Sales & Marketing
|
September 16, 2021
2 min read

In today’s blog post I would like to summarise a recent webinar product demonstration of Tipalti’s Accounts Payable Automation by Christopher Paolucci, who is a Mid-Market Alliances Manager at Tipalti.

About Tipalti

There’s the old way and the Tipalti way. Payables. It’s time-consuming. It’s risky. It’s challenging. It’s dull. It’s work no one should have to do. And we believe no one should. Tipalti’s goal is to grow with your company as you grow and as you scale. Tipalti is an accounting software financial technology business that provides accounts payable, procurement, and payments automation software for businesses. Tipalti is headquartered in San Mateo, CA, with offices in London UK, Vancouver Canada, Toronto Canada, Plano Texas, and R&D in Glil-Yam Israel. Christopher tells us that: Tipalti was founded in 2010 and has over 1,500 customers and $23B+ in annual transactions. Tipalti has 4M+ Payees and a 98% customer retention. Wow! They specialise in fast-growing, mid-sized businesses and are a Deloitte 500 & Inc 5000 winner for 3 years running. Their clients include businesses such as GoDaddy, Vimeo, Roblox, Twitch, National Geographic, and Twitter to name but a few!

Study case: Tipalti decreases Tapjoy's Management Workload by 50%

Diagram of the Tipalti wheel AP automation
Tipalti Accounts Payable Automation Solution for Today and Tomorrow

The Tipalti Wheel

How does it work?

Christopher explains that when you become a Tipalti customer you get signed on, you send a customised, branded email out to your vendors asking them to self-register their information into the Tipalti platform. The Tipalti rules engine then performs a mind-boggling 26,000+ rules to make sure that information is correct. Chris notes that Tipalti is partnered with KPMG, and meets tax compliance in over 50 counties. His summary: It all leads to paying your bills on time.

Looking for a B2B platform to satisfy your business?

Benefits of Tipalti

  • Proactive communications
  • Tax Compliance
  • Invoice Processing using advanced approval routing and OCR capture
  • Tipalti is a global licensed money transmitter, in 191 countries, in 120 currencies, and 6 payment methods
  • Earn revenue with dynamic discounts with no change to processes or working capital
  • Reconciliation & Reporting
  • Seamless integration with any leading ERP and Accounting Systems to ensure your payables information is up-to-date
  • Automate Accounts Payable without any changes to your ERP system
  • Scale your high-velocity growth company by eliminating manual and inefficient payables, and become more global friendly.
  • You can approve invoices via email, you don’t have to be at your computer
  • Make all your payments through the Tipalti platform and easily reconcile them in your accounting software.

Streamline your accounting

Tipalti learns your flow and starts to automate intelligent automation learns how you work, and starts the process of figuring out how it can be most helpful in eliminating unnecessary manual steps for you. I call it magic. Tipalti accepts 6 payment types:

  1. Credit Cards
  2. PayPal
  3. Cheque
  4. Wire Transfer
  5. Local Bank Transfer
  6. ACH Push Payments - Automated Clearing House

A safe way to process and automate your payables? Choose Tipalti

26,000+ Validation rules reduce rejected payment risk "We make sure there's no fraudulent activity happening..." says Christopher from Tipalti. Here Christopher shows us some examples of the payment screen within Tipalti. Transferring money into your Tipalti account means you can pay vendors all around the world in whatever currency they need, and know it's securely going to hit their account so you can pay your bills on time. Too easy!

Tipalti payments example screen
Tipalti Payment Screen
Tipalti approvals payment example
Pay vendors from all around the world

Here Christopher shows us an example of how you can schedule bulk payments in groups in the respected payment method that the supplier has requested. He mentions that you can set up multiple entities within a business (say for different office locations) and quickly switch to different entities to pay the bills per entity, saving time and effort by not having multiple Tipalti accounts set up. Christopher mentions this can save 80% of companies payable time by making the switch to Tipalti. Tipalti sorts out the front end, back-end, currency conversion, and reconciliation, making it a true time-saving asset.

Tipalti bulk payment group example
Schedule bulk payments
Seamless Integration with Any ERP system
  • Automate accounts payable without any changes to your ERP system
  • Tipalti integrates seamlessly with leading ERP’s and Accounting Systems to ensure your payables information is up-to-date
  • Tiplalti offers integration that automatically syncs invoices and invoice payment data between your ERP and Tiplalti – with minimal effort from you or your IT team
  • Tipalti’s world-class integration capabilities, advanced technology, and intuitive interface smartly and efficiently manages the lifecycle of your vendor bills and payments
  • Tipalti’s best-in-class AP automation solution is ideal to scale your high-velocity growth company eliminating manual and inefficient payables.

Read about: ACMO's Partnership with Tipalti

For further information, and to see a live personalised demonstration please reach out to us at [email protected] or book a meeting time

Tipalti Accounts Payable Automation

Sales & Marketing
|
September 16, 2021
2 min read

In today’s blog post I would like to summarise a recent webinar product demonstration of Tipalti’s Accounts Payable Automation by Christopher Paolucci, who is a Mid-Market Alliances Manager at Tipalti.

About Tipalti

There’s the old way and the Tipalti way. Payables. It’s time-consuming. It’s risky. It’s challenging. It’s dull. It’s work no one should have to do. And we believe no one should. Tipalti’s goal is to grow with your company as you grow and as you scale. Tipalti is an accounting software financial technology business that provides accounts payable, procurement, and payments automation software for businesses. Tipalti is headquartered in San Mateo, CA, with offices in London UK, Vancouver Canada, Toronto Canada, Plano Texas, and R&D in Glil-Yam Israel. Christopher tells us that: Tipalti was founded in 2010 and has over 1,500 customers and $23B+ in annual transactions. Tipalti has 4M+ Payees and a 98% customer retention. Wow! They specialise in fast-growing, mid-sized businesses and are a Deloitte 500 & Inc 5000 winner for 3 years running. Their clients include businesses such as GoDaddy, Vimeo, Roblox, Twitch, National Geographic, and Twitter to name but a few!

Study case: Tipalti decreases Tapjoy's Management Workload by 50%

Diagram of the Tipalti wheel AP automation
Tipalti Accounts Payable Automation Solution for Today and Tomorrow

The Tipalti Wheel

How does it work?

Christopher explains that when you become a Tipalti customer you get signed on, you send a customised, branded email out to your vendors asking them to self-register their information into the Tipalti platform. The Tipalti rules engine then performs a mind-boggling 26,000+ rules to make sure that information is correct. Chris notes that Tipalti is partnered with KPMG, and meets tax compliance in over 50 counties. His summary: It all leads to paying your bills on time.

Looking for a B2B platform to satisfy your business?

Benefits of Tipalti

  • Proactive communications
  • Tax Compliance
  • Invoice Processing using advanced approval routing and OCR capture
  • Tipalti is a global licensed money transmitter, in 191 countries, in 120 currencies, and 6 payment methods
  • Earn revenue with dynamic discounts with no change to processes or working capital
  • Reconciliation & Reporting
  • Seamless integration with any leading ERP and Accounting Systems to ensure your payables information is up-to-date
  • Automate Accounts Payable without any changes to your ERP system
  • Scale your high-velocity growth company by eliminating manual and inefficient payables, and become more global friendly.
  • You can approve invoices via email, you don’t have to be at your computer
  • Make all your payments through the Tipalti platform and easily reconcile them in your accounting software.

Streamline your accounting

Tipalti learns your flow and starts to automate intelligent automation learns how you work, and starts the process of figuring out how it can be most helpful in eliminating unnecessary manual steps for you. I call it magic. Tipalti accepts 6 payment types:

  1. Credit Cards
  2. PayPal
  3. Cheque
  4. Wire Transfer
  5. Local Bank Transfer
  6. ACH Push Payments - Automated Clearing House

A safe way to process and automate your payables? Choose Tipalti

26,000+ Validation rules reduce rejected payment risk "We make sure there's no fraudulent activity happening..." says Christopher from Tipalti. Here Christopher shows us some examples of the payment screen within Tipalti. Transferring money into your Tipalti account means you can pay vendors all around the world in whatever currency they need, and know it's securely going to hit their account so you can pay your bills on time. Too easy!

Tipalti payments example screen
Tipalti Payment Screen
Tipalti approvals payment example
Pay vendors from all around the world

Here Christopher shows us an example of how you can schedule bulk payments in groups in the respected payment method that the supplier has requested. He mentions that you can set up multiple entities within a business (say for different office locations) and quickly switch to different entities to pay the bills per entity, saving time and effort by not having multiple Tipalti accounts set up. Christopher mentions this can save 80% of companies payable time by making the switch to Tipalti. Tipalti sorts out the front end, back-end, currency conversion, and reconciliation, making it a true time-saving asset.

Tipalti bulk payment group example
Schedule bulk payments
Seamless Integration with Any ERP system
  • Automate accounts payable without any changes to your ERP system
  • Tipalti integrates seamlessly with leading ERP’s and Accounting Systems to ensure your payables information is up-to-date
  • Tiplalti offers integration that automatically syncs invoices and invoice payment data between your ERP and Tiplalti – with minimal effort from you or your IT team
  • Tipalti’s world-class integration capabilities, advanced technology, and intuitive interface smartly and efficiently manages the lifecycle of your vendor bills and payments
  • Tipalti’s best-in-class AP automation solution is ideal to scale your high-velocity growth company eliminating manual and inefficient payables.

Read about: ACMO's Partnership with Tipalti

For further information, and to see a live personalised demonstration please reach out to us at [email protected] or book a meeting time

Here is our comparison chart of the top 6 eSignature software solutions in 2022

Annual Cost per user $AU
Number of users allowed
Signing packages/year
In-person eSignature
Reusable Templates/drag and drop editor
Collect Payments
Automatic reminders & notifcations
Bulk Send
On-premise deployment
Cloud deployment
Hybrid deployment
Signature biometrics
Multiple input fields
Guided Signing
Delegate Signing
Stage Signing
Fully Customizable Signing Workflows
100% Personalised Branding
Custom Settings/ user rolls
Multifactor authentication
Mobile app
Enterprise-grade security
Free Trial available
API integrations
Audit trail
Supported Languages
US ESIGN, HIPAA
GDPR, eIDAS compliant
Upload documents as part of signing (photos)
Personal
Standard
Business Pro
Advanced
$168
$408
$660
Custom Quote
1
5
5
Custom Quote
60 (5/month)
100
100
Custom Quote
X
V
V
V
Y
Y
Y
Y
N
N
100
Y
Y
Y
Y
Y
N
N
Y
Y
N
N
N
N
Y
Y
Y
Y
N
N
N
N
Info N/A
Info N/A
Info N/A
Validate signer fields
in real-time
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
N
N
N
N
N
Y
Y
Y
N
N
N
N
N
N
Y
Y
Y
Y
Y
Y
SOC 2Type II
Y
Y
Y
Y
N
N
N
N
Y
Y
Y
Y
44
44
44
44
Y
Y
Y
Y
Y
Y
Y
Y
N
N
Y
Y
Professional
Enterprise
$336
Custom Quote
Unlimited
Unlimited
250
Custom Quote
Y
Y
Y
Y
N
N
Y
Y
Y
Y
Y
Y
Y
Y
N
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
N
Y
N
Y
N
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
43
43
Y
Y
Y
Y
Y
Y
Essentials
Standard
Premium
$291
$970
Custom Quote
1
2 or more
5 or custom
Unlimited
Unlimited
Unlimited
N
Y
Y
5 templates
15 templates
Y
N
N
N
Y
Y
Y
N
Y
Y
N
N
N
Y
Y
Y
N
N
N
N
N
N
Y
Y
Y
Y
Y
Y
N
Y
Y
N
Y
Y
N
N
Y
N
Y
Y
N
Y
Y
Y
Y
Y
Y
Y
Y
SOC 2 Type II ISO 27001
SOC 2 Type II ISO 27001
SOC 2 Type II ISO 27001
Y
Y
Y
Y
Y
Y
Y
Y
Y
22
22
22
N
Y
Y
Y
Y
Y
N
Y
Y
Free
Essentials
Business
Enterprise
Free
$335
$864
Custom Quote
Unlimited
Unlimited
Unlimited
Unlimited
Unlimited
Unlimited
Unlimited
Unlimited
N
N
N
N
N
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
N
N
Y
Y
N
N
N
N
Y
Y
Y
Y
N
N
N
N
N
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
N
N
Y
Y
N
N
Y
Y
N
N
N
Y
N
N
N
N
Y
Y
Y
Y
SOC 2 Type II
SOC 2 Type II
SOC 2 Type II
SOC 2 Type II
Free
Y
Y
Y
N
N
N
Y
N
Y
Y
Y
Info N/A
Info N/A
Info N/A
Info N/A
Info N/A
Info N/A
Info N/A
Info N/A
Y
Y
Y
Y
Info N/A
Info N/A
Info N/A
Info N/A
Business
Premium
Enterprise
Cloud
$141
$264
$529
$894
10
10
10
10
Unlimited
Unlimited
Unlimited
Unlimited
1
2+
2+
2+
Y
Y
Y
Y
N
N
Info N/A
Info N/A
N
Y
Y
Y
N
Y
Y
Y
N
N
N
N
Y
Y
Y
Y
N
N
N
N
N
N
N
N
Y
Y
Y
Y
Y
Y
Y
Y
N
N
Y
Y
N
N
Y
Y
N
N
Y
Y
N
N
Y
Y
N
N
Y
Y
N
N
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
Y
N
N
N
N
Y
Y
Y
Y
Info N/A
Info N/A
Info N/A
Info N/A
Y
Y
Y
Y
Y
Y
Y
Y
N
N
Y
Y
Standard
Pro
Acrobat Sign
$264
$418
Custom Quote
Unlimited
Unlimited
Unlimited
Unlimited
Unlimited
Unlimited
Y
Y
Y
Y
Y
Y
N
Y
Y
Y
Y
Y
N
Y
Y
N
N
N
Y
Y
Y
N
N
N
N
N
India Only (Aadhar)
Y
Y
Y
Y
Y
Y
Y
Y
Y
N
Y
Y
Y
Y
Y
N
Y
Y
N
Y
Y
N
N
Y
Y
Y
Y
N
N
Y
Y
Y
Y
N
N
Y
Y
Y
Y
34
34
34
Y
Y
Y
Y
Y
Y
N
N
N

Try before you buy

Using our handy comparison chat you can now see the cost-to-feature breakdown of the top 6 e-Signature providers. All these providers offer a free trial of their software, so it’s worth doing some personal investigation and trying out the software yourself. ACMO offer a free 7-day trial of Kofax SignDoc via our Signmore solution.

Understand How is ACMO helping businesses accomplish more with intelligent automation

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