Tipalti

Tipalti, Inc. develops a cloud-based finance operations platform that combines accounts payable automation, mass payments, procurement, expense management, and treasury functions in a single connected suite. Its accounts payable module covers invoice capture and coding, two- and three-way purchase-order matching, approval routing, self-service supplier onboarding in multiple languages, and real-time payment reconciliation across currencies and subsidiaries. Mass payments capabilities are aimed at payout-heavy business models such as creator, ad tech, marketplace and sharing-economy platforms, supporting branded payee onboarding, payment choice, and year-end tax reporting.

The platform executes cross-border payments to more than 200 countries and territories in 120 currencies via more than 50 payment methods, with multi-entity infrastructure that lets each subsidiary keep its own workflows and branding while reporting centrally. Compliance and control features include a continuously maintained tax engine for IRS and DAC7 reporting, W-9/W-8 collection and tax ID validation, AML compliance, OFAC and sanctions screening, payee monitoring, the Tipalti Detect risk module for fraud monitoring, and SOC and GDPR compliance. Procurement covers intake and purchase-request management, PO approvals, contract visibility and spend analytics; expense management adds corporate card integration across Mastercard, Visa, Amex and the Tipalti Card, global reimbursements, and a mobile receipt-capture app.

Tipalti markets a layer of AI features, including an AI Assistant and task-specific agents for invoice capture, PO matching, natural-language reporting, approver recommendation, purchase-request generation, tax form scanning, ERP sync error resolution, and expense receipt scanning. Pre-built integrations and APIs connect to ERP and accounting systems including NetSuite, Sage Intacct, QuickBooks, Xero, Microsoft Dynamics Business Central, Acumatica and SAP Business One, as well as performance marketing platforms, HRIS, SSO, Slack and credit cards.

Founding story

Co-founder and CEO Chen Amit and co-founder and chairman Oren Zeev started the company in 2010 after identifying that businesses were constrained by outdated, time-intensive and fragmented payment systems, and set out to build a fully integrated, partner-first payment platform. Amit previously led Atrica, a Carrier Ethernet company acquired by Nokia-Siemens, co-founded and ran business intelligence software provider Verix, and founded and scaled the ADSL business unit at ECI Telecom to $100 million in annual sales.

Business model

Tipalti sells software-as-a-service subscriptions to businesses, with tiered plans by module and capability. Published plans start at $99 per month for an entry accounts payable tier and $199 per month for an advanced tier that adds PO matching, multi-entity infrastructure and global payment methods; higher "Elevate", "Accelerate" and "Plus" tiers are custom-priced and add global multi-entity and multi-currency fund management, FX hedging, API access, the Detect fraud module and professional services. Procurement and expenses are add-on modules. The company also moves payment volume on behalf of customers, reporting more than $90 billion in annual payments.

Recurring subscription fees by plan tier and module, with custom pricing for enterprise and payout-focused tiers, alongside a platform that processes customer payment volume globally.

Traction

Company-reported figures include more than 5,000 global customers, over $90 billion in annual payment volume, more than 1,000 employees, up to 80% reduction in time spent managing payables and roughly $31,000 in average monthly customer savings. Customer examples cite Zola automating more than 600,000 invoices annually with two staff, Therabody cutting 60 hours of monthly AP work, and a health coaching software customer paying 550+ vendors across 11 countries.

Latest developments

In September 2025 Tipalti announced $200 million in growth financing led by Hercules Capital, earmarked for expanding AI capabilities, product innovation and global growth. Its current positioning centers on agentic AI for finance operations, with a published roster of AI agents for invoice capture, PO matching, reporting, bill approver recommendation, purchase requests, tax form scanning, ERP sync resolution and expense receipt scanning.