{"id":13362,"date":"2021-11-10T14:05:04","date_gmt":"2021-11-10T14:05:04","guid":{"rendered":"https:\/\/cofficient.co.uk\/?page_id=13362"},"modified":"2023-09-14T14:05:58","modified_gmt":"2023-09-14T14:05:58","slug":"tipalti","status":"publish","type":"page","link":"https:\/\/www.cofficient.co.uk\/our-partners\/tipalti\/","title":{"rendered":"Tipalti"},"content":{"rendered":"<p>[vc_row content_placement=&#8221;middle&#8221; css=&#8221;.vc_custom_1687426581677{padding-top: 30px !important;padding-bottom: 30px !important;}&#8221;][vc_column width=&#8221;1\/2&#8243;]<style>.ld_fancy_heading_663574c74a1dd h3{color:rgb(69, 174, 236);}.ld_fancy_heading_663574c74a1dd h3 {font-size:9vw; } @media (min-width: 768px) { .ld_fancy_heading_663574c74a1dd h3 {font-size:40px; }  } @media (min-width: 1200px) { .ld_fancy_heading_663574c74a1dd h3 {font-size:47px; }  } .ld_fancy_heading_663574c74a1dd h3 {line-height:1.15em; } .ld_fancy_heading_663574c74a1dd h3 {--element-line-height:1.15em; } .ld_fancy_heading_663574c74a1dd .lqd-highlight-inner{height:0.275em!important;bottom:0px!important;}.ld_fancy_heading_663574c74a1dd h3 {font-size:9vw; } @media (min-width: 768px) { .ld_fancy_heading_663574c74a1dd h3 {font-size:40px; }  } @media (min-width: 1200px) { .ld_fancy_heading_663574c74a1dd h3 {font-size:47px; }  } .ld_fancy_heading_663574c74a1dd h3 {line-height:1.15em; } .ld_fancy_heading_663574c74a1dd h3 {--element-line-height:1.15em; } <\/style><div class=\"ld-fancy-heading ld_fancy_heading_663574c74a1dd\">\n\t<h3 class=\"ld-fh-element lqd-highlight-underline lqd-highlight-grow-left text-decoration-default lqd-split-lines\"   data-split-text=\"true\" data-split-options='{\"type\":\"lines\"}'>  With Tipalti, automating the accounts payable process isn\u2019t just easier.<\/h3><\/div>[vc_column_text]By modernising your financial operations, it enables finance teams to help businesses adapt and thrive.[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/2&#8243;][vc_single_image image=&#8221;14368&#8243; img_size=&#8221;medium&#8221; alignment=&#8221;center&#8221;][\/vc_column][\/vc_row][vc_row content_placement=&#8221;middle&#8221; css=&#8221;.vc_custom_1687426581677{padding-top: 30px !important;padding-bottom: 30px !important;}&#8221;][vc_column][vc_column_text]<\/p>\n<h4>Reduce payables workload by 80%<\/h4>\n<ul>\n<li>Tipalti removes the friction of financial operations, processing invoices, and reconciling payments<\/li>\n<li>We help over 1,500 customers pay over 4 million suppliers.\u00a0 <strong>With a 99% retention rate<\/strong>, Tipalti is both an award-winning and best-reviewed payables automation platform for high-growth businesses<\/li>\n<\/ul>\n<h4>Tipalti integrates with your ERP or accounting software<\/h4>\n<p>Connect with secure pre-built integration methods or our full-featured API.\u00a0 Tipalti removes the friction involved in processing invoices and reconciling payments.\u00a0 Integrate natively with NetSuite, and connect seamlessly with all other ERP solutions.<\/p>\n<h4>Tipalti Global Payables Automation for Oracle NetSuite<\/h4>\n<ul>\n<li>&#8216;Built for NetSuite&#8217; verified<\/li>\n<li>Oracle NetSuite 2019 SuiteApp of the Year<\/li>\n<li>Streamline invoice processing &amp; global multi-method payments to suppliers<\/li>\n<li>Reconcile payments in real-time, including syncing with entity-specific sub-ledgers, and accelerate financial close by 25%<\/li>\n<li>Provide payment stats to suppliers 24\/7<\/li>\n<li>Automate vendor set up and tax form collection<\/li>\n<\/ul>\n<h4>&#8216;Built for NetSuite&#8217; Verified<\/h4>\n<p>With the NetSuite OneWorld &#8211; Tipalti integration, users can eliminate up to 80% of the workload related to managing payments to domestic and international suppliers.\u00a0 Tipalti automates your entire accounts payable process, from new vendor set up through to invoice processing, 2-way and 3-way PO matching, global supplier remittance, and payment reconciliation.<\/p>\n<h4>Automating the Last Mile of ERP<\/h4>\n<p>Tipalti extends existing NetSuite capabilities by providing full management and automated execution of AP processes including supplier onboarding, invoice management, payment scheduling, global remittance, communicating with suppliers, and multi-entity reconciliation of payment details with invoices and billing.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><img decoding=\"async\" class=\"alignnone wp-image-13364 size-full\" src=\"https:\/\/cofficient.co.uk\/wp-content\/uploads\/2021\/11\/Tipalti-NetSuite-Flow-Image-1.png\" alt=\"\" width=\"1495\" height=\"722\" srcset=\"https:\/\/www.cofficient.co.uk\/wp-content\/uploads\/2021\/11\/Tipalti-NetSuite-Flow-Image-1.png 1495w, https:\/\/www.cofficient.co.uk\/wp-content\/uploads\/2021\/11\/Tipalti-NetSuite-Flow-Image-1-300x145.png 300w, https:\/\/www.cofficient.co.uk\/wp-content\/uploads\/2021\/11\/Tipalti-NetSuite-Flow-Image-1-1024x495.png 1024w\" sizes=\"(max-width: 1495px) 100vw, 1495px\" \/><\/p>\n<hr \/>\n<h4>Streamline Invoice Processing &amp; Global Bill Payments<\/h4>\n<p>Tipalti processes inbound invoices with OCR scanning at header and line-level, machine learning, and managed services ensuring a 99.5% success rate.\u00a0 Once invoices are 100% complete and accurate, Tipalti performs a 2-way and 3-way PO match.\u00a0 With just a few clicks to approve the invoice and payment, Tipalti pays invoices in a wide range of payment methods (Local bank transfer, SEOA, Global ACh, US ACH, wire transfer, PayPal, and prepaid debit card) and in 120 currencies in 196 countries.\u00a0 The choice of payment method is established by vendor so they can select the most convenient or cost-effective option for them in terms or timing or fees, and everything is accurately executed in minutes.<\/p>\n<h4>Reconcile Payments in Real-Time<\/h4>\n<p>Financial close can be an exasperating process involving correlation of bank statements and invoice details.\u00a0 With Tipalti, payment remittance results automatically populate NetSuite entity-specific sub-ledgers in real-time for faster, more accurate payment reconciliation and general ledger reporting, automatic supplier payment status communication, and expedited tax reporting that accelerates financial close by 25%.<\/p>\n<h4>Provide Payment Status to Suppliers 24\/7<\/h4>\n<p>Remove your finance team from payment status conversations with suppliers.\u00a0 Tipalti automatically communicates each stage of the payment remittance status with suppliers based on their preferred communication methods.\u00a0 Tipalti provides on-demand visibility into payment status and payment history, while also allowing them to update their payment information.\u00a0 Payment status syncs over instantly so your team has easy access to this information in NetSuite with just one click.<\/p>\n<h4>Supplier Self-Service<\/h4>\n<p>Manual data entry for vendor data is a waste of your team&#8217;s time and causes widespread errors.\u00a0 Tipalti features a guided self-service web portal available in 17 languages for suppliers to quickly register and update their contact and billing data.\u00a0 Tipalti&#8217;s proprietary rules engine, driven by 26,000 global payment rules, identifies payment issues before they happen to reduce payment error rates by 66%.\u00a0 Match VAT IDs on invoice to collected and validated VAT IDs.<\/p>\n<h4>Scale with Advanced Multi-Entity Capability<\/h4>\n<p>You can seamlessly and securely manage accounts payable data and processes across multiple subsidiaries, division, global business units, brands &#8211; with different AP processes and workflows within a single Tipalti instance, with consolidated headquarter view while syncing with NetSuite entity-specific sub-ledgers in real-time ensuring faster financial close.[\/vc_column_text][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1687426689036{padding-top: 30px !important;padding-right: 6vw !important;padding-left: 6vw !important;}&#8221;][vc_column]<style>.ld_fancy_heading_663574c74a464 h1{color:rgb(69, 174, 236);}.ld_fancy_heading_663574c74a464 h1 {font-size:9vw; } @media (min-width: 768px) { .ld_fancy_heading_663574c74a464 h1 {font-size:40px; }  } @media (min-width: 1200px) { .ld_fancy_heading_663574c74a464 h1 {font-size:47px; }  } .ld_fancy_heading_663574c74a464 h1 {line-height:1.15em; } .ld_fancy_heading_663574c74a464 h1 {--element-line-height:1.15em; } .ld_fancy_heading_663574c74a464 .lqd-highlight-inner{height:0.275em!important;bottom:0px!important;}.ld_fancy_heading_663574c74a464 h1 {font-size:9vw; } @media (min-width: 768px) { .ld_fancy_heading_663574c74a464 h1 {font-size:40px; }  } @media (min-width: 1200px) { .ld_fancy_heading_663574c74a464 h1 {font-size:47px; }  } .ld_fancy_heading_663574c74a464 h1 {line-height:1.15em; } .ld_fancy_heading_663574c74a464 h1 {--element-line-height:1.15em; } <\/style><div class=\"ld-fancy-heading ld_fancy_heading_663574c74a464\">\n\t<h1 class=\"ld-fh-element lqd-highlight-underline lqd-highlight-grow-left text-decoration-default lqd-split-lines\"   data-split-text=\"true\" data-split-options='{\"type\":\"lines\"}'>  Resources<\/h1><\/div>[\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1687426676440{padding-top: 30px !important;padding-right: 6vw !important;padding-bottom: 30px !important;padding-left: 6vw !important;}&#8221;][vc_column width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;14417&#8243; onclick=&#8221;custom_link&#8221; enable_link=&#8221;enable_image_link&#8221; link=&#8221;url:https%3A%2F%2Fcofficient.co.uk%2Fwp-content%2Fuploads%2F2022%2F04%2FeBook%E2%80%94The-CFOs-Guide-to-AP-Automation-2.pdf|||&#8221;][\/vc_column][vc_column width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;14418&#8243; onclick=&#8221;custom_link&#8221; enable_link=&#8221;enable_image_link&#8221; link=&#8221;url:https%3A%2F%2Fcofficient.co.uk%2Fwp-content%2Fuploads%2F2022%2F04%2FeBook%E2%80%94The-Last-Mile-of-NetSuite-Payables-Transformation-Strategies-1.pdf|||&#8221;][\/vc_column][vc_column width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;14419&#8243; onclick=&#8221;custom_link&#8221; enable_link=&#8221;enable_image_link&#8221; link=&#8221;url:https%3A%2F%2Fcofficient.co.uk%2Fwp-content%2Fuploads%2F2022%2F04%2FWhite-Paper%E2%80%94How-Multi-Entity-Businesses-Scale-Payables.pdf|||&#8221;][\/vc_column][vc_column width=&#8221;1\/4&#8243;][vc_single_image image=&#8221;14420&#8243; onclick=&#8221;custom_link&#8221; enable_link=&#8221;enable_image_link&#8221; link=&#8221;url:https%3A%2F%2Fcofficient.co.uk%2Fwp-content%2Fuploads%2F2022%2F04%2FDS_NSINTEGRATIONUK_2021.pdf|||&#8221;][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1687426693566{padding-top: 30px !important;padding-right: 6vw !important;padding-bottom: 30px !important;padding-left: 6vw !important;}&#8221;][vc_column]<style>.ld_fancy_heading_663574c74a625 h1{color:rgb(69, 174, 236);}.ld_fancy_heading_663574c74a625 h1 {font-size:9vw; } @media (min-width: 768px) { .ld_fancy_heading_663574c74a625 h1 {font-size:40px; }  } @media (min-width: 1200px) { .ld_fancy_heading_663574c74a625 h1 {font-size:47px; }  } .ld_fancy_heading_663574c74a625 h1 {line-height:1.15em; } .ld_fancy_heading_663574c74a625 h1 {--element-line-height:1.15em; } .ld_fancy_heading_663574c74a625 .lqd-highlight-inner{height:0.275em!important;bottom:0px!important;}.ld_fancy_heading_663574c74a625 h1 {font-size:9vw; } @media (min-width: 768px) { .ld_fancy_heading_663574c74a625 h1 {font-size:40px; }  } @media (min-width: 1200px) { .ld_fancy_heading_663574c74a625 h1 {font-size:47px; }  } .ld_fancy_heading_663574c74a625 h1 {line-height:1.15em; } .ld_fancy_heading_663574c74a625 h1 {--element-line-height:1.15em; } <\/style><div class=\"ld-fancy-heading ld_fancy_heading_663574c74a625\">\n\t<h1 class=\"ld-fh-element lqd-highlight-underline lqd-highlight-grow-left text-decoration-default lqd-split-lines\"   data-split-text=\"true\" data-split-options='{\"type\":\"lines\"}'>  Case Studies<\/h1><\/div>[\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; css=&#8221;.vc_custom_1687426699214{padding-right: 6vw !important;padding-bottom: 30px !important;padding-left: 6vw !important;}&#8221;][vc_column width=&#8221;1\/3&#8243;][vc_single_image image=&#8221;14394&#8243; onclick=&#8221;custom_link&#8221; enable_link=&#8221;enable_image_link&#8221; link=&#8221;url:https%3A%2F%2Fcofficient.co.uk%2Fwp-content%2Fuploads%2F2022%2F04%2FCS-FYUK-2021-1.pdf|||&#8221;][\/vc_column][vc_column width=&#8221;1\/3&#8243;][vc_single_image image=&#8221;14395&#8243; onclick=&#8221;custom_link&#8221; enable_link=&#8221;enable_image_link&#8221; link=&#8221;url:https%3A%2F%2Fcofficient.co.uk%2Fwp-content%2Fuploads%2F2022%2F04%2FCase-Story%E2%80%94Hopin-AP-Mass-Pay.pdf|||&#8221;][\/vc_column][vc_column width=&#8221;1\/3&#8243;][vc_single_image image=&#8221;14393&#8243; onclick=&#8221;custom_link&#8221; enable_link=&#8221;enable_image_link&#8221; link=&#8221;url:https%3A%2F%2Fcofficient.co.uk%2Fwp-content%2Fuploads%2F2022%2F04%2FCase-Study%E2%80%94Farmdrop-UK.pdf|||&#8221;][\/vc_column][\/vc_row][vc_row equal_height=&#8221;yes&#8221; content_placement=&#8221;middle&#8221; enable_content_animation=&#8221;yes&#8221; ca_init_scale_x=&#8221;1&#8243; ca_init_scale_y=&#8221;1&#8243; ca_init_opacity=&#8221;0&#8243; ca_an_scale_x=&#8221;1&#8243; ca_an_scale_y=&#8221;1&#8243; ca_an_origin_z=&#8221;-80px&#8221; ca_an_opacity=&#8221;1&#8243; bg_position=&#8221;right bottom&#8221; css=&#8221;.vc_custom_1649950721067{padding-top: 35px !important;padding-bottom: 60px !important;background-position: 0 0 !important;background-repeat: no-repeat !important;}&#8221; ca_duration=&#8221;1800&#8243; ca_delay=&#8221;180&#8243; ca_init_translate_y=&#8221;100&#8243; ca_init_rotate_x=&#8221;-65&#8243; ca_init_translate_z=&#8221;100&#8243; responsive_css=&#8221;padding_bottom_medium:100px&#8221;][vc_column parallax=&#8221;yes&#8221; scale_from_x=&#8221;1.2&#8243; scale_from_y=&#8221;1.2&#8243; from_opacity=&#8221;1&#8243; scale_to_x=&#8221;1&#8243; scale_to_y=&#8221;1&#8243; to_opacity=&#8221;1&#8243; enable_column_shadowbox=&#8221;yes&#8221; bg_position=&#8221;custom&#8221; scale_from_z=&#8221;1&#8243; scale_to_z=&#8221;1&#8243; css=&#8221;.vc_custom_1649864845164{padding-top: 60px !important;padding-right: 15px !important;padding-bottom: 60px !important;padding-left: 15px !important;background-color: #ffffff !important;background-position: 0 0 !important;background-repeat: no-repeat !important;border-radius: 15px !important;}&#8221; column_box_shadow=&#8221;%5B%7B%22x_offset%22%3A%220%22%2C%22y_offset%22%3A%220%22%2C%22blur_radius%22%3A%2250px%22%2C%22shadow_color%22%3A%22rgba(0%2C%200%2C%200%2C%200.08)%22%7D%5D&#8221; responsive_css=&#8221;padding_right_medium:65px|padding_left_medium:65px|padding_right_small:30px|padding_left_small:30px&#8221; bg_pos_h=&#8221;92%&#8221; bg_pos_v=&#8221;60%&#8221; translate_from_y=&#8221;100&#8243;][vc_row_inner equal_height=&#8221;yes&#8221; content_placement=&#8221;middle&#8221;][vc_column_inner align=&#8221;text-center&#8221; offset=&#8221;vc_col-md-8&#8243; responsive_align=&#8221;text-md-left&#8221; responsive_css=&#8221;padding_right_medium:0px|padding_left_medium:0px&#8221; css=&#8221;.vc_custom_1605986763153{padding-right: 15px !important;padding-left: 15px !important;}&#8221;]<style>.ld_fancy_heading_663574c74a7be h3{font-size:48px;line-height:1.2em;--element-line-height:1.2em;}.ld_fancy_heading_663574c74a7be h3 {margin-bottom:0.65em !important;  } .ld_fancy_heading_663574c74a7be .lqd-highlight-inner{height:0.275em!important;bottom:0px!important;}.ld_fancy_heading_663574c74a7be h3 {margin-bottom:0.65em !important;  } <\/style><div class=\"ld-fancy-heading ld_fancy_heading_663574c74a7be\">\n\t<h3 class=\"ld-fh-element lqd-highlight-underline lqd-highlight-grow-left text-decoration-default\"   >  Ready to get started?<\/h3><\/div><style>.ld_fancy_heading_663574c74a934 p {font-size:20px; } .ld_fancy_heading_663574c74a934 p {line-height:1.5em; } .ld_fancy_heading_663574c74a934 p {--element-line-height:1.5em; } .ld_fancy_heading_663574c74a934 p {margin-bottom:30px !important;  } @media (min-width: 992px) { .ld_fancy_heading_663574c74a934 p {margin-bottom:0px !important; 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css=&#8221;.vc_custom_1687426581677{padding-top: 30px !important;padding-bottom: 30px !important;}&#8221;][vc_column width=&#8221;1\/2&#8243;][vc_column_text]By modernising your financial operations, it enables finance teams to help businesses adapt and thrive.[\/vc_column_text][\/vc_column][vc_column width=&#8221;1\/2&#8243;][vc_single_image image=&#8221;14368&#8243; img_size=&#8221;medium&#8221; alignment=&#8221;center&#8221;][\/vc_column][\/vc_row][vc_row content_placement=&#8221;middle&#8221; css=&#8221;.vc_custom_1687426581677{padding-top: 30px !important;padding-bottom: 30px !important;}&#8221;][vc_column][vc_column_text] Reduce payables workload by 80% Tipalti removes the friction of financial operations, processing invoices, and reconciling payments We help over 1,500 customers pay [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":17380,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"content-type":"","footnotes":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tipalti<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cofficient.co.uk\/our-partners\/tipalti\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Tipalti\" \/>\n<meta property=\"og:description\" content=\"[vc_row content_placement=&#8221;middle&#8221; 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