Full-Time

Senior Buyer

Confirmed live in the last 24 hours

Tipalti

Tipalti

1,001-5,000 employees

Automates global payables and invoicing

Fintech
Financial Services

Compensation Overview

CA$94k - CA$105kAnnually

Senior

Toronto, ON, Canada

Hybrid working model requiring in-office presence on Monday, Tuesday, and Thursday.

Category
Procurement & Sourcing
Operations & Logistics
Requirements
  • Expertise in negotiation
  • Market analysis skills
  • Strategic sourcing experience
Responsibilities
  • Develop and maintain strong relationships with suppliers to ensure seamless collaboration and alignment of objectives.
  • Negotiate contracts, pricing, and terms with suppliers to optimize cost efficiency while ensuring quality standards are met.
  • Regularly review and update contracts to reflect evolving business needs and regulatory requirements.
  • Assist with Indirect spend for goods and services for departments such as Marketing, Facilities, HR, etc. and other departments related purchasing support activities
  • Develop and manage the Request for Quotation (RFQ) process to ensure competitive pricing and optimal supplier selection.
  • Evaluate and analyze RFQ responses to make informed sourcing decisions.
  • Develop and execute purchasing strategies that align with company goals and operational needs.
  • Analyze market trends and supplier performance to identify opportunities for cost savings.
  • Performs other duties as required

Tipalti offers an automated global payables solution that simplifies invoicing, tax compliance, and payment processing for businesses. Its platform allows companies to manage the entire accounts payable process efficiently, from capturing invoices to executing payments. Clients, which range from startups to large enterprises in various industries, access Tipalti's services through a subscription-based model, paying a recurring fee for features like touchless invoicing and global ACH payments. Unlike many competitors, Tipalti focuses on automating complex payment workflows and ensuring compliance with global tax regulations, which helps businesses save time and resources. The company's goal is to optimize financial operations for its clients by providing a scalable and efficient solution.

Company Stage

Growth Equity (Venture Capital)

Total Funding

$745.1M

Headquarters

Foster City, California

Founded

2010

Growth & Insights
Headcount

6 month growth

0%

1 year growth

2%

2 year growth

-4%
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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Benefits

Hybrid Work Options

Company Equity

401(k) Company Match

Life Insurance

Paid Vacation

Phone/Internet Stipend

Company Social Events