Tipalti & NetSuite
Finance Automation That Puts You In Charge
Streamline Your Financial Operations
Tipalti is a leading financial automation solution that seamlessly integrates with NetSuite. It can help your business with AP automation, mass payments, procurement, expense management and more. Tipalti is the only AP solution equipped with multi-subsidiary capabilities that easily integrates with NetSuite OneWorld.
- Eliminate 80%+ of manual AP effort
- Accelerate financial close by 25%+ with real-time reconciliation
- Protect from risk with advanced financial controls
- Scale and get truly global AP processes without complex bank integrations
Top Benefits of Integrating Tipalti with NetSuite
Tipalti, in partnership with ScaleNorth, offers a comprehensive solution that simplifies and optimizes your company's payment processes.
Supplier Self-Service
Tipalti eliminates manual data entry inefficiencies and reduces payment errors by 66% with its self-service web portal in 17 languages and a proprietary engine guided by 26,000 global payment rules, simplifying supplier management.
Improved Oversight and Transparency
Tipalti streamlines procurement by standardizing and simplifying requests and approvals. Customizable forms allow quick submission of detailed requests, while seamless NetSuite integration automates routing and provides real-time budget insights for fast, informed decisions, boosting efficiency and compliance.
24/7 Payment Status to Suppliers
Tipalti enhances supplier interactions by automatically updating them on payment statuses via their preferred communication channels, integrated with NetSuite. Suppliers can view payment histories and update their information on-demand, streamlining your financial operations and improving satisfaction.
Streamlined AP Processes
Tipalti boosts invoice accuracy to 99.5% with OCR and machine learning, offers 2-way and 3-way PO matching, and supports multiple payment methods including US ACH, wire transfers, and PayPal in 120 currencies across 196 countries. Its NetNow Early Payments solution also helps your AP department generate revenue and expedite supplier payments, integrating smoothly with your financial systems.
Scale with Advanced Multi-Entity Capability
Tipalti unifies AP operations across subsidiaries and global units with a secure platform that integrates seamlessly with NetSuite. It offers headquarters a comprehensive view while allowing individual entities to manage unique processes, ensuring both control and autonomy in complex financial environments.
Global Compliance Assurance
Tipalti automates tax calculations and regulatory compliance, reducing risks associated with international financial regulations. It navigates cross-border payment rules and tax requirements efficiently, ensuring your operations remain compliant and penalty-free.
Streamlined Financial Operations with ScaleNorth and Tipalti
ScaleNorth's expertise in NetSuite optimization and outsourced accounting gives us a front row seat to the challenges financial leaders face with time-consuming manual tasks and book closing. By partnering with Tipalti, a leader in financial automation, we equip our clients with advanced tools to streamline operations, minimize errors, and accelerate financial closures.
What It Means for You
As your comprehensive NetSuite provider, ScaleNorth has developed a strategic network of technology partners to enhance NetSuite's functionality, boosting operational efficiency. Our role as your trusted advisor ensures you receive the necessary optimizations, automation, and support to excel with third-party technologies essential for your business's success.
Key Features of Tipalti Finance Automation
Self-Service Vendor Onboarding
Integrated web portal for effortless vendor onboarding.
Touchless Invoice Processing
Streamline operations with automated, hands-free invoice management.
Global Payments (including ACH)
Facilitate worldwide transactions, including ACH.
Financial and Compliance Controls
Enforce stringent controls for enhanced security and compliance.
Real-Time Payments Reconciliation
Achieve immediate reconciliation of payments for accurate financial records.
NetSuite Custom Fields Support
Fully compatible with NetSuite's customizable fields for tailored financial operations.
Tax Compliance Automation
Automate tax calculations and compliance reporting to reduce risks.
Multi-Currency Management
Manage and execute payments in multiple currencies seamlessly.
★★★★★
We wanted a partner that could deliver fast solutions, communicate with us, and keep us up to date on the status of our ERP project…ScaleNorth covered all of these bases while delivering world-class service. It’s been fantastic.
Jerod Schoneman
General Manager, Total Energy Systems
FAQs
Find answers to commonly asked questions about ScaleNorth and Tipalti.
Does Tipalti integrate with NetSuite?
Yes, Tipalti’s AP automation software seamlessly integrates with NetSuite ERP. Users can access Tipalti via NetSuite’s SuiteApp store to streamline accounts payable and payments workflow.
What companies use Tipalti?
Because of Tipalti’s unique holistic approach, they pride themselves on having thousands of customers, from startups to established companies across various industries. From National Geographic, HootSuite, Canva, Roku, FloSports, Top Hat, and PubMatic, Tipalti takes pride in serving its customers and is proud to have a 99% retention rate with a 99% customer satisfaction rate.
Does Tipalti have multi-subsidiary capabilities?
Yes, Tipalti has multi-subsidiary AP automation capabilities that easily integrate with NetSuite.
What industries does Tipalti specialize in?
Tipalti specializes in automating global payables operations across various industries, including technology and SaaS, financial services, education, professional services, retail and e-commerce, healthcare and life sciences, nonprofits, and more.
How can I get started with Tipalti?
Getting started with Tipalti in NetSuite is straightforward with ScaleNorth. Contact us today to schedule a consultation and learn more about Tipalti’s offering for NetSuite users.