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Tipalti Announces Multi-Entity and PO Matching Integration with NetSuite

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Tipalti's upgraded integration automates the holistic AP workflow for
global NetSuite customers

Tipalti,
the leading payables automation solution, today announced the complete
integration of Tipalti's purchase order (PO) matching and multi-entity
capability with NetSuite, the world's leading cloud ERP provider.

Building upon NetSuite's already existing PO creation capability, this
deep NetSuite
integration
now makes it possible for NetSuite users to streamline
their complete AP workflow, including automation of their 2-way and
3-way PO matching processes. Tipalti automatically syncs POs and GRNs
from NetSuite and then updates PO and bill statuses and amounts in
NetSuite. PO matching helps NetSuite users eliminate overspending and
strengthen internal financial controls. With automated syncing between
the two systems, companies can reduce time and effort spent on invoice
approval and maximize their early payment revenue opportunities by
shortening invoice-to-pay cycle times.

The multi-entity integration syncs Tipalti's multi-entity payables
management capability with subsidiary instance ledgers in NetSuite
OneWorld. By integrating this Tipalti capability with NetSuite OneWorld
at the sub-level, CFOs and controllers strengthen their AP visibility
across the entire finance organization in total and by entity, while
eliminating tax, regulatory, fraud, and audit compliance risk. The
multi-entity integration accelerates the financial close cycle time by
delivering instant and automated cross-entity, cross-payment method
payment reconciliation.

"The breadth and depth of the multi-entity and multi-currency payables
management capability and Tipalti's integration with NetSuite OneWorld
at the subsidiary level has allowed us to manage all eight of our
international subsidiaries in one place," said Dash Victor, Controller
at Docker. "Their end-to-end global payables capability has helped us
streamline our global AP workflow, allowing us to strengthen our
financial processes and free my team to focus more time on other
critical initiatives."

"Modern CFOs are transforming the way they run AP operations across
their global enterprise, freeing finance up to drive mission-critical
initiatives," concluded Chen Amit, CEO of Tipalti. "This enhanced
integration between Tipalti and NetSuite sets finance leaders to execute
on that vision."

For more information, visit https://tipalti.com/product/integrations/netsuite.

About Tipalti:

Tipalti is the only payables automation solution to streamline all
phases of the accounts payable workflow in one holistic cloud platform.
Tipalti makes it painless for finance departments to manage their entire
AP and supplier payments operation. Leading companies use Tipalti to
eliminate up to 80% of their supplier payments workload, helping them
scale their business efficiently with global growth, while strengthening
financial and tax compliance controls. Hundreds of companies trust
Tipalti to transform their supplier payment operations including Roku,
Zumba, GoPro, Nikon, GoDaddy, Vimeo, and Touch of Modern. https://tipalti.com

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