Secure Cloud Platform for Accounts Payable
Modern AP automation in the cloud with enterprise-grade security, performance, and control
Constant innovation cycles with modern multi-tenant cloud architecture guarantee you’re always on the latest version and can take advantage of new accounts payable and supplier payment features, without the headaches and costs of ongoing IT maintenance and upgrade projects.
Tipalti’s best-in-class security and performance practices ensure the highest standards and continuity while protecting and limiting access to accounts payable and supplier payments information.
One Codebase, Continuous Innovations
Tipalti releases new features multiple times throughout the year and manages the entire upgrade process. There’s no hardware to maintain or multiple codebases for your IT team to keep track of. Because Tipalti runs in the cloud, we handle the hosting and all of our customers benefit from the same version that always has the latest product innovations. It’s agility built-in to keep you up-to-date with the latest AP trends and best practices.
Anytime Access, Unified User Experience
Purpose-built for finance users and available 24/7, Tipalti seamlessly integrates the end-to-end AP workflow in one unified user experience. With modern design cues, streamlined navigation, and optimized for mobility, AP management has never been easier. No cobbled together legacy solutions, just modern ease of use and simplicity to drive engagement and collaboration.
Data Security
Based on best-in-class cloud standards, Tipalti is SSAE 16 SOC compliant and ISAE 3402 Type II certified. All data is collected and transmitted securely over HTTPS and personally identifiable information is stored encrypted using AES, the same level of encryption trusted by industry leaders such as Amazon and PayPal. Tipalti utilizes multi-factor authentication and IP restrictions for additional controls and peace of mind. We also undergo regular audits and penetration testing to ensure the security and safety of all customer data and funds.
Disaster Recovery (DR)
Following industry-standard best practices, the database is automatically backed up every four hours and the entire system image is backed up daily. To protect against loss, a secondary environment is offsite in another location so we can restore with minimal disruption in case of disaster. Processes are continually tested and optimized to ensure the highest level of service.
Role-Based Security & Audit Logs
Tipalti’s role-based account access security model grants granular view, create, add, edit, and control permissions, with 20+ options to customize. Access to information is segregated by roles and system administrators determine what users can see and do. Comprehensive audit trails track payer and payee activity in the system for complete visibility and recordkeeping.
Uptime and Ongoing Monitoring
Tipalti’s cloud platform is fault-tolerant, highly available, and fully redundant to ensure optimal performance and security. With an SLA of 99.95% (excluding scheduled maintenance), we provide high uptime and reliable performance for our customers around the world.
Innovation and efficiency come built-in
Tipalti offers the most comprehensive payables technology to help your business streamline, simplify, and evolve.
Invoice Management
Ditch the busy work with touchless invoice processing with smart OCR. Advanced approvals with AI streamlines the approval process and minimizes delays.
Supplier Management
Effortlessly onboard vendors with a multilingual, self-service portal that’s brandable. Plus, give suppliers a real-time view of payment and invoice status.
PO Management
Manage spend all in one place. Streamline purchase requests, PO’s, approvals, and vendors with budget visibility to make informed decisions.
PO Matching
Eliminate overspending and strengthen financial controls with automated 2-way and 3-way matching and enjoy a frictionless approval cycle.
Global Payments
Send payments in 120 currencies in 196 countries through six unique payment methods.
Multi-Entity
Manage unique payables workflows and centralize AP for subsidiaries and entities within a single instance.
Currency Management
Save time and money on FX conversion payouts with highly competitive exchange rates.
Tax Compliance
Take the headaches out of collecting and validating IRS and VAT IDs. KPMG-approved for W-8/W-9 IRS requirements and generate 1099/1042-S tax prep reports.
Payment Reconciliation
Speed up financial close by 25%+ by synching and reconciling multi-entity payables data with ERP and Accounting systems.
Financial Controls
Enterprise-grade financial controls: Fraud, tax, regulatory, audit, spend and cash flow.
Self-Billing Module
Simplify self-billing processes with automated invoice creation and submission while ensuring global regulatory compliance.
Fraud Detection
Tipaliti Detect lets you proactively identify payee fraud risk and maintain a full audit trail.
Early Payments
Thanks to NetNow, you can offer accelerated payments to suppliers and generate revenue with better working capital utilization.
Secure Cloud
Rest assured that data is collected, stored, and transmitted securely in the cloud. Tipalti is SSAE 18 and ISAE 3402 SOC 1 Type II and, SOC 2 Type I certified, and GDPR Compliant.
ERP Integration
Best-in-class integration with your existing ERP and accounting systems and sync invoices, suppliers, payments and purchase orders.
Simplify Performance-to-Pay
Easily sync data from marketplace platforms and tie performance analytics to pay partners.
Payments API
Integrate any system through our highly secure API that offers full-featured interfaces.
Artificial Intelligence/Tipalti Pi
Take advantage of proactive, smarter processes for the entire payables operation as well as greater efficiency and risk mitigation.
Money Transmitter License
Get peace of mind for global transactions, more transparent controls and compliance review process by leveraging Tipalti’s banking and compliance rails.
