Accounts payable (AP) automation company Tipalti is expanding its reach into the market by partnering with three new B2B companies, which will extend Tipalti's solutions to their own customers. In a press release on Tuesday (March 26), Tipalti said it is working with ERP company Big Bang ERP, spend management firm Procurify and cash flow management company Tesorio.
"We're excited to be partnering with innovative organizations such as Big Bang ERP, Procurify and Tesorio to bring highly scalable payables operations to a wider audience," said Tipalti CEO Chen Amit in a statement. "By streamlining supplier onboarding, tax compliance, invoice processing, global payments and payment reconciliation, Tipalti helps modern finance organizations strategically scale more rapidly and efficiently."
In another statement, Big Bang ERP Chief Executive Officer Gabriel Tupula Yamba said the firm's focus on cloud-based, scalable solutions makes Tipalti a "natural fit" for its customers. Procurify CEO and Co-founder Aman Mann noted that the collaboration "allows our users to have a more seamless experience, from purchase requisition to supplier payments, without sacrificing controls."
Meanwhile, Tesorio CEO and Co-founder Carlos Vega said working with Tipalti will combine Tesorio's accounts receivable (AR) forecasting and cash management with Tipalti's AP automation for "comprehensive, real-time answers for all AR, AP and cash questions."
Tipalti also announced the appointment of Zach Svendsen as director of alliances and business development, part of the company's broader push toward expansion via partnerships and collaborations.
Earlier this year, Tipalti announced an upgrade to its PayPal services that allows companies to use PayPal to pay their suppliers. The enhanced integration aims to strengthen control and communication for both ends of the transaction.
Last year, the firm announced an integration with Intuit QuickBooks Online to automate the flow of accounts payable data into the accounting platform, and accelerate reconciliation and financial close procedures.
