Tipalti

Automation and AI are shaking things up. But what are the key considerations you should factor into your strategy for 2025? Join Tipalti, Avalara, Celigo, NetSuite, and TrueCommerce for a special workshop designed for NetSuite clients, finance leaders, and FinOps pros who want to strategize on ERP automation, AI, and learn about the latest tech. Wednesday, November 13, 12:00 - 17:00 CET at the Sir Adam Hotel, A'DAM TOWER, Amsterdam. Register to attend here: https://lnkd.in/g3W8Cab2

Are you... 1?? A CEO, CTO or Finance Executive in the Salt Lake City region? 2?? Curious how your operations could be improved with streamlined vendor onboarding and global payment capabilities? 3?? A pickleball fanatic? If you answered YES, join Tipalti and LinkTrust on Friday, October 25th to network with peers, learn about the latest advancements in finance technology, and have some fun on the pickleball court. All levels welcome. Register here: https://lnkd.in/gqebbAu4 #SaltLakeCity

How can you measure COMPLEXITY in the Office of the CFO? (Part 2 of a multi-part series) In my first?post on this series (link in comments) I described how the number of ERP transactions that my finance team has to manage has grown on average 45% a year since 2020, a much faster pace of growth than the headcount on the team (shoutout to my team Tipalti- you are the best!) This post is about how we can keep up with that complexity over time and a large part of the solution is automation. In the chart shows % of Transactions: ?? Green: those that post to our ERP in a fully automated fashion ?? Yellow: those that are partially automated and ?? Red: those that have no automation This is built off of real data by categorizing the transaction types into one of those three categories and taking into account when we brought in tools or changed our processes to automate these activities over time. Here are a few examples: ? ?? Not surprising as the CFO of Tipalti, we eat our own cooking! We use Tipalti AP Automation and Payment execution tool for all of our Accounts payable globally. ?? In late 2021 we began using Tipalti PO for Purchase order management.? Again, these entities are automatically posted.? It’s hard to see the bump here on the chart - it’s not a huge volume relative to other transaction types - but its amazing for visibility and ensuring accruals are accurate. ?? With the launch of our Tipalti Expenses platform in 2023, we now pay employee reimbursements automatically through the Tipalti platform with the entries syncing to our ERP.? Although these transactions are not typically high dollar, they are very high frequency so the impact is large when moving from manual processes to automated ones.? ?? At the same time, in 2023 and into 2024 we tackled a big project which related to our Billing (AR, invoicing and collections in our product).? This was high volume and high complexity, but also?very high impact. ?? In 2024 we also added a few of our banks into direct integrations for transaction reconciliation, with more automation here on our priority list for 2025.? This is a very interesting space in the office of the CFO and I think the innovation here is yet to be fully realized.?? In summary, what this data shows us is that we moved from 20% of our processes being fully automated to more than 60% of our processes in a few years.? And although our overall Transaction complexity grew on average 45% YoY, this automation transition allowed my finance team to keep up with the accelerated growth and complexity. Putting some data around our growth on these levers has been insightul! PS – if you are a finance leader and want to share tips on what automation tools and processes are working for your teams I would love to get a brainstorm going.? Drop me a note in the comments! - ?? Hi, I'm Sarah, CFO at Tipalti ?? Connecting with other Finance leaders is a passion of mine.? Follow me here: Sarah Spoja

Bijhan Hirani, Matthew Merrill, and the rest of the Tipalti team are at #CommunitySummitNA this week and are excited to meet with you to chat about digital transformation and finance automation. Head over to booth 1016 and let them know you saw this post on LinkedIn. They've got something special for you!

Big news! Our newly redesigned website is now live. We've refreshed the look, streamlined the user experience, and added exciting new features to make your journey with us even better. Explore now at tipalti.com and see what's new.

The Vancouver office hit the links for their annual golf tournament, with this edition being held at the gorgeous Furry Creek golf course overlooking Howe Sound. If you can't tell from the photos, it was a beautiful day with lots of fun had by all. The views from every hole on the course were incredible. Scroll through the photos to see the team at their best. Want to join a team that knows how to work hard and have fun? We’re hiring! Head over to our Careers page to see our open roles, and hopefully, you can Tipal-tee off with us at our next tournament!

A recap of our time at the World Finance Forum in Madrid. First off, the Tipalti team hosted an engaging discussion on the challenges in AP and the transformative impact of finance automation. Typeform’s Group Financial Controller, David Lennon, who took part in the discussion, shared how their finance team leveraged automation to save time, enhance their control framework, and improve the supplier experience while expanding beyond Spain. We’re grateful for the opportunity to connect with so many forward-thinking finance leaders and look forward to connecting with more senior finance professionals who face the challenges of doing business on a global scale. It’s Tipalti’s mission to relieve you of these complexities!

Welcome to the future of Tipalti! This year's Illuminate conference was packed with insights from our CEO, product leaders, partners, and more. It showcased our connected suite of products and gave a glimpse into what’s next for Tipalti. Missed the live event? No worries! You can now access all of the on-demand sessions, including keynotes, product updates, and Tipalti best practices at your convenience. Explore the on-demand sessions here: https://lnkd.in/eCNnDdkc Let’s take the next step in your finance automation journey together!

Tipalti has been recognized as NetSuite's SuiteCloud Growth Partner of the Year. This award highlights Tipalti’s significant role in providing global finance automation to NetSuite customers. Receiving this award is a testament to our dedication to innovation and enhancing the power of NetSuite. We'd like to thank NetSuite for being an incredible partner. Learn more in our blog post ?? https://lnkd.in/ggbUchKy

We would like to recognize and thank our sponsors for the Illuminate Conference. Their support is invaluable in making this event possible, and we appreciate their partnership. ?? BPM LLP - A premier accounting and consulting firm, BPM specializes in delivering tailored financial solutions that enhance operational efficiency and drive sustainable growth for businesses across various industries. ?? CohnReznick LLP - As a top accounting and consulting firm, CohnReznick provides strategic insights and innovative solutions that empower businesses to navigate complex financial landscapes and achieve their goals. ?? NetSuite - A leader in cloud-based business management software, NetSuite helps organizations streamline their operations and drive growth with its comprehensive suite of applications. Thank you to our sponsors for the support, expertise, and proven insights in Illuminate 2024. Watch all Illuminate sessions on-demand here: https://lnkd.in/gtRwEtv4