Full-Time
Confirmed live in the last 24 hours
Automates global payables and invoicing
CA$230k - CA$280kAnnually
Mid, Senior
Toronto, ON, Canada
Hybrid working model that requires you to be in office Monday, Tuesday, and Thursday.
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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, benefit from features like touchless invoicing, early payment automation, and multi-entity capabilities. Unlike many competitors, Tipalti's subscription-based software-as-a-service model provides a comprehensive and scalable solution that reduces manual effort and ensures compliance with global tax regulations. The company's goal is to help businesses save time and resources while optimizing their financial operations.
Company Size
1,001-5,000
Company Stage
Growth Equity (Venture Capital)
Total Funding
$745.1M
Headquarters
Foster City, California
Founded
2010
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Hybrid Work Options
Company Equity
401(k) Company Match
Life Insurance
Paid Vacation
Phone/Internet Stipend
Company Social Events
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
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.
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.
Revelator teamed up with Tipalti to deliver a comprehensive end-to-end solution for rights management, royalty distribution, and global payment operations.
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
In partnership with CFO Dive, Tipalti surveyed 150 finance executives across various industries, uncovering key insights:
LOS ANGELES, June 26, 2024 /PRNewswire/ -- LA-based Venture Capital firm Group 11 was named #1 Top Performing Venture Capital Fund Manager in America and #1 Top Performing Venture (General) Fund Manager in America by Preqin .The Awards recognize market leaders and top industry performers across hedge funds and private capital that are shaping and transforming the alternative assets industry globally.Christoph Knaack, Chief Executive Officer of Preqin, said, "At Preqin, we strive to make the alternative assets industry more transparent through our rigorous collection and verification of data, as achieved by combining cutting-edge technology with extensive relationship building conducted by our team of almost 500 researchers globally."The Preqin Awards spotlight the exceptional performance of Group 11, particularly in comparison to other firms. This accolade underscores the firm's robust investment thesis, meticulous portfolio management, value creation, and unwavering commitment to delivering value to its investors.Dovi Frances, Founding Partner of Group 11, stated, "I am deeply honored to be recognized as the #1 Top Performing Venture Capital Fund Manager in America and the #1 Top Performing Venture (General) Fund Manager in America by Preqin. Since founding our firm 10 years ago, we have chosen to stand out by being sector-specific, agile, heavily investing in Israeli-related tech, and publicly sharing our performance insights through in-depth macro-research. Our distinct approach continues to define us. This achievement would not have been possible without the support of our LPs, our talented founders and portfolio companies, and, of course, my incredible team."Group 11's consistent success in generating strong returns solidifies its reputation as a trusted partner for entrepreneurs seeking capital and strategic guidance, and as a leading venture capital firm for investors seeking exceptional returns.About:Group 11 invests in visionary entrepreneurs who are utilizing the unstoppable momentum of AI and FinTech to redraw the landscape of their respective industries. With a goal of creating change across generations and building long term value through technology, Group 11 has emerged as a coveted partner to veteran entrepreneurs at the forefront of their fields.Since its inception in 2012, the top quartile firm has deployed over $600 million across six funds and 14 SPVs in some of the world's most prominent and disruptive technology companies, including: Tipalti , Navan , Next Insurance , HomeLight , Sunbit , Masterschool , Healthee , Dream , and BridgeWise .To learn more: www.group11.vcSOURCE Group 11
Finance leaders say increasing manual processes are impeding economic recovery, but are reluctant to automateFOSTER CITY, Calif., April 24, 2024 /PRNewswire/ -- Tipalti , the leading global finance automation company, today reveals the majority of finance leaders (82%) admit that excessive manual finance processes are hindering their organization's growth plans for the year ahead—with two-thirds (66%) saying that AP (accounts payable) is the most time-consuming manual process in finance. The study, conducted by Insight Avenue , uncovers the challenges US, UK and European finance leaders are currently facing with inefficient AP processes and highlights how modernized workflows unlock new opportunities for growth.At a time when businesses are looking at how they can best operate in a challenging macroeconomic environment, visibility over company spend is essential. But, it appears that the finance team is dragging behind. In fact, 79% report feeling like they're not keeping up with the rest of the business because of AP inefficiencies and continued reliance on manual processes.Less resources and time, matched with the increasing volume of invoices to process, mean finance inefficiencies have become more evident. Over three-quarters (79%) of finance leaders say that the amount of time they spend on manual data entry has increased by 24% in the last year, now taking an average of 41 minutes to process an individual supplier invoice.Manual finance processes are impeding economic recoveryWhile recovering from continued macroeconomic difficulties is the priority for many leaders and businesses globally, 78% acknowledge that growth in the current economy is only possible if they can maximize cost-saving opportunities across the whole business.However, inefficiencies within finance departments are impacting the rest of the business, and leaders can no longer ignore or tolerate these AP inefficiencies. Nearly half (44%) say it's due to financial uncertainty and a need to offset higher costs related to inflation, while 42% state it's because of the increasing complexity of their business and a further 39% say it's down to criticism or pressure to transform from other parts of the business."Finance leaders know that inefficiencies with manual processes in the business simply won't cut it when riding out the wave of uncertainty," said Rob Israch, President at Tipalti
Read this article in:Throughout the years, the tech industry has continued to grow and introduce new tools — Europe is no stranger to this trend. European-based companies are leading in AI innovation and their tools are used in diverse industries around the world, from photography to marketing.According to a report by Tipalti, a French-made AI tool called CleanUp.pictures was ranked in 10th place as one of the best AI tools in terms of worldwide usage.Meanwhile, the Polish-made Live Chat was ranked fifth as the most searched AI tool on Google. These results demonstrate the widespread global application of European-made AI tools.Europe’s commitment to AI development was further reinforced several years ago. In June 2021, the European Commission and the ADR association signed a Memorandum of Understanding, establishing a partnership with the AI, Data, and Robotics Association (ADRA). The partnership focuses on addressing the challenges of generative AI and its application in the robotics field.In late 2022, funding for startups focused on artificial intelligence (AI) surpassed $1.4B (€1.2B), according to a report from Statista. Many Europe-based companies are currently focusing on exploring and deploying AI, being ahead of the global average.With the region at the forefront of developing AI technology, it is expected that Europe’s contribution will significantly impact the industry