Tipalti streamlines the entire accounts payable and supplier payments operation, providing: supplier onboarding via a self-service supplier portal, W-9 / W-8 digital tax form collection, invoice processing, OCR bill capture, purchase order matching, secure international vendor payments (including US ACH / global ACH processing, wire transfers, and paper checks), proactive OFAC screening, early payments / supply chain finance, payment reconciliation, AP reporting, and 1099 / 1042-S e-Filings powered by Sovos. The seamless nature of the solution, including the ability to control and monitor disbursement, provides unique insight and alignment between suppliers, payments, and results. Tipalti cuts 80% of the AP workload, allows teams to focus on strategic finance initiatives, and provides the systems infrastructure that scales with growing businesses.

Tipalti streamlines the entire accounts payable and supplier payments operation, providing: supplier onboarding via a self-service supplier portal, W-9 / W-8 digital tax form collection, invoice processing, OCR bill capture, purchase order matching, secure international vendor payments (including US ACH / global ACH processing, wire transfers, and paper checks), proactive OFAC screening, early payments / supply chain finance, payment reconciliation, AP reporting, and 1099 / 1042-S e-Filings powered by Sovos. The seamless nature of the solution, including the ability to control and monitor disbursement, provides unique insight and alignment between suppliers, payments, and results. Tipalti cuts 80% of the AP workload, allows teams to focus on strategic finance initiatives, and provides the systems infrastructure that scales with growing businesses.

Tipalti AP & Supplier Payments Automation for NetSuite

Tipalti makes it painless for finance departments to manage their entire accounts payable and supplier payments operation by streamlining:

  1. Supplier onboarding and vetting
  2. W-9 / W-8 tax compliance
  3. Invoice collection, invoice processing, PO matching, and invoice approvals
  4. Proactive OFAC screening
  5. International supplier payments
  6. Early payments
  7. Supplier communications
  8. Payment reconciliation & AP reporting with NetSuite

Key Benefits

Wipe out 80% of your AP and supplier payments workload. Tipalti cuts the manual work from your accounts payable processes, so you can focus on revenue growth and cash flow management instead of back-office financial operations. Tipalti provides the infrastructure that sets you up for long-term sustainability, so you’ll never have to implement another AP system.

Reduce tax, regulatory, and financial control risk. Built-in audit logs, OFAC & other sanctions screening before every payment, signatory rights, robust workflow approvals, and KPMG-certified digitized tax form collection and validation mitigate risk and fraud - and ensure compliance. 

Generate revenue from early payments. Early payment referral fees give AP revenue sharing opportunities and allow companies to manage cash flow better without impacting working capital.

Improve supplier relationships. Offer a broad range of global payment methods and currencies, provide early access to cash, and give visibility throughout the payment lifecycle to improve payment accuracy and enhance the supplier payment experience.

Customer Quote

Integrating Tipalti with NetSuite has further streamlined our back office operations, helping us achieve real-time payment reconciliation, and automating our payment processes to our instructors. Tipalti and NetSuite together have set Zumba up nicely to efficiently keep up with the rapidly increasing demand for our fitness services.
- Andrea Winer, Senior Manager, Zumba Fitness

NetSuite + Tipalti Highlights

“Built for NetSuite” Verified. Integrates with NetSuite and NetSuite OneWorld. 

Multi-subsidiary support. Manage subsidiaries with different AP processes and workflows, but still see a consolidated view, by having different branding, payment methods, tax flows, communications, reconciliation, and reporting in one Tipalti model.

Scheduled bill payments. Schedule bills in NetSuite with just a few clicks and Tipalti pays the bills in 190 countries and 120 currencies, or Bills AutoPay in Tipalti can automatically schedule bills for payment based on your company's payment cycles.

Synced statuses. Tipalti automatically syncs invoice, PO, and payment details, which are easily accessible directly in NetSuite, accelerating reconciliation and the financial close.

Instant payment reconciliation. Extend NetSuite capabilities with instant payment reconciliation for faster, more accurate GL reporting.

Pre-built integration. Vendor information can be synced both ways through the vendor management module, while bill, payment, and fee data is synced to NetSuite, ensuring systems are always up-to-date.

Supplier Onboarding, Vetting, & Communications

  • 26,000+ rules for verifying supplier payment information
  • Supplier self-service portal available 24 hours, 7 days per week; suppliers can view invoice and payment history, change payment information, see payment status, upload invoices, accept early payment offers, and run reports
  • Branded portal matches payer's look and feel
  • Automated emails to suppliers for invoice and payment status, when tax forms are invalid or expired, when payments fail (including corrective actions to take), and more

Tax & Regulatory Compliance

  • W-9 / W-8 capabilities meet the standards outlined by the IRS, as prescribed by KPMG
  • W-8 / W-9 tax form collection via a guided wizard, 1,000+ rules validate tax data
  • 1099 / 1042-S tax preparation reporting
  • 1099 / 1042-S e-filing powered by Sovos
  • Tax withholding amounts automatically deducted from payments
  • Optimized for digital consumption and electronic signatures
  • Local / VAT tax ID collection in 50 countries, with 3,000+ rules that validate tax digits
  • OFAC and "Do Not Pay" blacklist screening before all payments are processed

Invoice Collection & Processing, Purchase Order Matching, and Approvals

  • Electronic OCR scanning extracts invoice details and pre-populates bill information
  • Advanced data extraction services get you to 100% invoice completeness and accuracy
  • Machine learning drives approval sequences based on criteria such as supplier and bill amount
  • Intelligence built in, getting smarter and more accurate as invoices are scanned
  • Support for PO and non-PO invoices, with configurable rules that align with company matching policies based on bill amount or supplier
  • 2-way & 3-way auto-matching based on header and line-levels
  • Automatic purchase order coding populates PO details on invoices
  • Configurable tolerance thresholds determine if invoices with exceptions can still be “matched”
  • Customizable exception rules route invoices that cannot be auto-matched based on established tolerance ranges

Cross-Border Payments & Early Payments

  • Global payments to 190 countries, 120+ currencies
  • Choice of 6 payment methods – US ACH, wire transfer, eCheck / global ACH, paper checks, PayPal, prepaid debit card
  • Advanced payment configuration such as payment fee splitting and payment thresholds
  • Determine which suppliers and how much of the payment is eligible for early payment
  • Automatic discount calculations based on the number of days early the supplier chooses to be paid
  • Easy acceptance of early payment offers - online with just a click
  • Tipalti's financing partners cover early payment balances, no capital requirements

Payment Reconciliation with NetSuite Financials & Multi-Subsidiary Support

  • Instant cross-payment method and region payment reconciliation reports
  • Advanced built-in supplier reporting
  • Independent branding, payment methods, tax onboarding flows, supplier communications, reconciliation, reporting, and modules per subsidiary
  • Automatic payment flow routing with virtual accounts per subsidiary
  • Tax and regulatory compliance per subsidiary
  • Automatic consolidation of data from subsidiaries to total company financials
  • Unlimited number of subsidiaries

Tipalti was founded in 2010 and is a licensed financial institution headquartered in San Mateo, California. We are growing 200% year over year, while maintaining 98% customer satisfaction. With over $5B in payments running through our platform annually and payments to over 3 million suppliers around the globe, Tipalti is the leading global payables automation solution, trusted by companies like Twitch, Twitter, Roku, Uber, Houzz, GoDaddy, Zumba, GoPro, Docker, and Foursquare.

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Most Helpful Reviews

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Tipalti is the complete package for vendor onboarding, approvals, and payments

We have been using Tipalti for about a year and prior to that switched from an entry-level AP automation solution. While known for their high volume payments solution, I was very impressed with the A/P and vendor tools they have built and surpassed our current solution in a few short years. After looking at almost every A/P and payments solution out there, Tipalti is the only one with:
- Self-service vendor onboarding with digital W9 and W8-BEN
- International capabilities for all entities/currencies which sync seamlessly into NetSuite
- All payments types covered, even wires
- Good looking UI and easy to code and route invoices, email approval for Mgmt
I would highly recommend their tool. The only feedback would be to build out a complete PO approval and receiving tool (started PO matching already) and currently you have to have a trust account for every entity.

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