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FinTechs Raise Funding For Supplier Payments, Compliance Automation

PYMNTS

The big B2B investment of the week was Tipalti , which landed $150 million in new funding on a $2 billion valuation. By helping firms scope appropriately sized audits and dynamically modify controls, Strike Graph seeks to take away the confusion around cybersecurity audit and certification procedures.

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Tipalti Tames The Monster Ecosystem Of X-Border, AP Automation

PYMNTS

Startup Tipalti , which deals in such capabilities, saw this need and began to build a partner program , starting with the hire of former Wells Fargo banker Daniel DeVall to lead business development. DeVall joined Tipalti in May and dove into creating the partner program, which has now officially launched.

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Tipalti: Helping CFOs Go With The (Cash) Flow

PYMNTS

To ease that pain, payments company Tipalti launched the AP Hub, a platform. Israch said the advantage to these new offerings is it encompasses one holistic system for all parties to manage finances throughout the payment life cycle, as well as helping to manage fraud and audit risks.

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As Audits Loom, AP Automation Moves To Top Of Mind

PYMNTS

In the latest Topic TBD, Chen Amit, CEO of payables automation company Tipalti , told PYMNTS’ Karen Webster that automating the AP process lets management focus on, well, managing. These are firms that have failed audits or are about to fail audits. Tipalti rarely sees organizations that are exclusively domestic.

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Pandemic-Proof Finance Operations Are Cloud-First And Global

PYMNTS

Tipalti CEO and Co-Founder Chen Amit said, “[It is] these countries that can make up for some of the shortfalls as both customers and suppliers. And it’s no surprise that these transactions have to be digital for the sake of efficiency, fraud protection and auditability.”. Some suppliers can meet their needs, and some cannot.

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AP Automation Transforming Gig Work Payments

PYMNTS

In the June 2020 edition of The Gig Economy Tracker® done in collaboration with Tipalti , we find these traits, among others, defining innovation in accounts payable (AP) software. Companies] need a payables operation that closes as many loops as possible and minimizes the need for multiple point solutions.

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Startup Roundup: Toward Payments Peace On Earth

PYMNTS

There are pieces before and after the remittance that Tipalti believes must be rolled into any solution aiming to facilitate cross-border commerce. Those sub-brands may need to file separate reports and show entity-specific data during audits. To serve the entity as a whole, Tipalti is making a point of serving each part.