AP Automation and Global Mass Payments Software – News Couple

AP Automation and Global Mass Payments Software

About Tibalti

Tybalty is a leader in global payments automation. The companies most suitable for Tipalti often have to manage an increasing number of multinational seller payments, affiliate payments or publisher payments. The solution can be used by businesses of any size, across various industries, including, but not limited to, online marketplaces, ad/affiliate networking, ad technology, software/technology, retail/e-commerce, and voice monetization. /Video, healthcare, education, and more-You can check their industry expertise here. With a customer retention rate of 99%, Tipalty currently serves over 4,000,000 payments and processes more than $21 billion in transactions worldwide each year. Tipalti is known for its world-class clients, including revolutionary organizations such as Roblox, Twitter, Distrokid, Chartboost, Boost Media, Headspace, GoDaddy, Twitch, Sezzle and Tapjoy.

tipalty power

→ Partner management

Enable self-service onboard through Tipalti’s white-labeled Partner Hub. Payees can provide their contact, payment and tax details up front. They can see payment statuses and view payment history. The Partner Hub is available in 17 languages ​​and is growing.

→ tax compliance

Speed ​​up tax form collection and help your company comply IRS tax provisions. You can require all beneficiaries to fill out tax forms or provide a VAT/Local Tax ID as part of self-registration during setup. You can rest assured that your AP process is always up to date with the latest US tax laws.

→ Payments globally

Support 196+ countries and 120 currencies with 6 payment methods. Your payments team can mass pay to global partners from one screen, instead of different bank portals by uploading payment files.

→ FX Solutions

Simplify foreign exchange and currency management; Save time and money for your business while optimizing the entire payment process. Businesses can simplify and improve global payments by simplifying currency conversions for payments across global entities, paying partners and suppliers in their local currency – using cheaper and faster payment methods, and fixing foreign exchange rates for future foreign currency transactions reducing exposure to currency fluctuations.

→ Payment settlement

Users can combine multiple payment methods, accounts, and locations, as well as different entities all into one report. Tipalti integrates with any ERP, so payment information can pass from Tipalti to ERP automatically.

← Self-Paying Bills

Tipalti simplifies self-invoicing processes by creating and submitting invoices automatically. Businesses can easily create self-pay invoices as required by governments or tax processes and execute payments upon approval.

→ Performance Marketing Systems

Connect performance and data analytics directly to partner payments Gain insight into the full pay-to-pay publisher lifecycle Easily sync internal data from publishers, affiliates, influencers, content creators or other market partners Aggregate every global payment transaction (including fees ) and more.

→ Invoice management and matching of purchase orders and purchases

Designed at scale, you can manage multiple entities while enabling touchless billing processing. Matching purchase orders and approvals as a necessary part of purchasing processes, allowing finance and procurement teams to gain visibility and control over spending, while simplifying purchase orders, approvals, and suppliers in real time.

Benefits for your business

→ dynamic solution

With Tipalti, businesses can simply handle tax and regulatory requirements in cross-border transactions, reducing the need for any human intervention, and in turn reducing manual errors that may arise – enabling business owners to shift their focus to more strategic growth-led initiatives.

→ Save time

By automating the #1 most time-consuming function in finance, accounts payable, more than 80% of payment operational processes are eliminated; With Tipalti, organizations will achieve a 25% reduction in the time it takes to close books.

→ Maintain compliance and avoid fraud risks

Designed to help you proactively reduce risk by screening beneficiaries on national blacklists. Internally, the system is set up with role-based security, audit logs, and two-factor authentication to help prevent any compliance issues that may arise.

→ Multi-level accreditation

Easily approve spending from your email with unlimited options to set up approval matrices.

→ Simplicity, ease of use and advanced reporting

Manage both local and global subsidiaries and corresponding entities on only one platform connected to your ERP system. Easily upload data directly to your ERP system, allowing advanced reports to be created seamlessly in advance of board or investor meetings.

→ Mobile ready

All customers receive instant 24/7 mobile access to their payment history. Providing customers with a quick overview of the mobile payments landscape enables leaders to make faster decisions.

Click here for more information or a demo of the Tipalti platform.

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