Tipalti

Tipalti

Automates global payables and invoicing

About Tipalti

Simplify's Rating
Why Tipalti is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Differentiation

Industries

Fintech

Financial Services

Company Size

1,001-5,000

Company Stage

Growth Equity (Venture Capital)

Total Funding

$766M

Headquarters

Foster City, California

Founded

2010

Overview

Tipalti provides an automated global payables solution that simplifies invoicing, tax compliance, and payment processing for businesses. Its platform automates the entire accounts payable process, allowing clients to manage everything from invoice capture to payment execution efficiently. Tipalti operates on a subscription-based model, where clients pay a recurring fee to access features like touchless invoicing and global ACH payments. The company stands out from competitors by offering a comprehensive solution that reduces manual effort and ensures compliance with global tax regulations. Tipalti's goal is to help businesses save time and resources while optimizing their financial operations.

Simplify Jobs

Simplify's Take

What believers are saying

  • Tipalti's expansion into Canada enhances its global reach with localized solutions.
  • Partnerships with ERP providers like Visibility boost AP automation capabilities.
  • Growing demand for automated payables solutions aligns with Tipalti's offerings.

What critics are saying

  • European AI tools pose a competitive threat to Tipalti's market position.
  • Reluctance to automate among finance leaders may hinder Tipalti's market expansion.
  • Rapid growth of tech firms like SourceWhale increases competitive pressure on Tipalti.

What makes Tipalti unique

  • Tipalti automates the entire accounts payable process, reducing manual workload by 80%.
  • The platform ensures compliance with global tax regulations, enhancing financial control.
  • Tipalti offers a comprehensive cloud-based solution for global funds disbursement and AP reporting.

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Funding

Total Funding

$766M

Above

Industry Average

Funded Over

7 Rounds

Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
Coming Soon

Benefits

Hybrid Work Options

Company Equity

401(k) Company Match

Life Insurance

Paid Vacation

Phone/Internet Stipend

Company Social Events

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

-1%
Spend Matters
Jan 14th, 2025
Procurement Transformation 2025: Why Invest In Procuretech And How To Make The Case – Tipalti

In readiness for our Q1 2025 theme of Procurement Transformation, which will include how to even start your digital journey, how to make the case for it, how to shape your digital roadmap and how to survive it, we have received input from some solution providers on their own customers’ journeys. Ruth Orenstein, Senior Director of Product Management at global finance automation specialist, Tipalti, shares what their customers are looking for from their digital procurement investment.The ROI and efficiency metrics companies prioritize when investing in procuretech Our customers focus on several critical ROI metrics and efficiency gains when evaluating procurement technology solutions. First, employee adoption rates are a top priority, especially in today’s hybrid work environment. With teams distributed across locations, having a solution that people actually use is crucial for maintaining proper review processes and avoiding last-minute rushed approvals that can lead to compliance issues. In addition, our customers track the percentage of purchase orders backed by approved spend. This metric has become increasingly important as organizations deal with complex subscription models and misaligned budgets and billing cycles

Visibility
Dec 20th, 2024
Streamlining AP Operations for Vis Customers: The Power of the Tipalti Partnership

That's why Visibility, a leader in ERP solutions for make-to-order manufacturers, has partnered with Tipalti, a global fintech innovator specializing in AP automation.

NCFA Canada
Dec 10th, 2024
Tipalti Expands Canadian Operations with Localized Solutions

On December 5, 2024, global finance automation company, Tipalti announced the launch of new tools made specifically for the Canadian market including support for Electronic Funds Transfers (EFT) and local bank accounts, making payments smoother for Canadian businesses, alongside their registration with FINTRAC as a money services business.

Digital Music News
Nov 19th, 2024
Revelator Partners with Tipalti For Lightning Quick Payments Across the Globe

Revelator teamed up with Tipalti to deliver a comprehensive end-to-end solution for rights management, royalty distribution, and global payment operations.

PR Newswire
Nov 13th, 2024
Sourcewhale Ranked Number Four Fastest Growing Technology Company In The Uk In The 2024 Deloitte Technology Fast 50

SourceWhale attributes its over 8200 per cent revenue growth to a relentless focus on product innovation. LONDON, Nov. 13, 2024 /PRNewswire/ -- SourceWhale today announced that it ranked number four in the 2024 Deloitte UK Technology Fast 50, a ranking of the 50 fastest-growing technology companies in the UK. Rankings are based on percentage revenue growth over the last three years. SourceWhale grew 8209 per cent during this period. SourceWhale's CEO, Timothy Hogwood, credits the company's commitment to driving recruiter productivity and a focus on delivering measurable ROI with the company's 8209 per cent revenue growth over the past three years. He said, "Our growth is a direct result of our relentless focus on empowering recruiters to connect more meaningfully and efficiently

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