Tipalti Expands Treasury Automation Offerings With Statement Acquisition

Finance automation platform Tipalti has acquired artificial intelligence (AI)-powered treasury automation provider Statement.

“With this addition, Tipalti deepens its treasury offerings with powerful real-time cash intelligence capabilities to enhance cash flow visibility, insights, and forecasting driven by AI,” the company said in a Tuesday (June 17) news release.

“Statement transforms traditional treasury operations, equipping finance teams with real-time visibility and control to make better financial decisions.”

According to the release, Statement’s solution automates and streamlines the manual processes of cash position visibility, cash flow forecasts and cash insights across platforms like banks, billing tools and databases. This helps finance leaders optimize working capital, improve liquidity and make sure their forecasts are accurate.

“For many global businesses in today’s economy, getting complete and instant cash flow visibility across bank accounts, systems, entities, and currencies is very complex,” Chen Amit, co-founder and CEO of Tipalit, said in the release.

“Together, we have a unique opportunity to evolve our customers’ treasury operations into a key business driver, empowering them to take control of their cash flow and maintain real-time visibility of their business finances.”

The funding comes at a time when technology such as AI is helping modernize the accounts receivable (AR) function, which had for years been synonymous with manual invoices, aging spreadsheets, and past-due notices.

But despite the rise of FinTech tools and the promise of digitization, most companies still struggle with the basics of AR. According to research from the PYMNTS Intelligence report “From Friction to Flow: AR Automation in 2025,” 83% of companies say they have yet to fully automate their AR operations.

“In practice, this means invoices routinely go out late, payment terms are poorly enforced, and collections remain reactive — conducted over email or phone in many small and mid-sized businesses,” PYMNTS wrote earlier this week.

“The consequences are anything but trivial. For middle-market firms, delayed payments result in an average of $19 million in lost revenue annually. Nearly 30% of invoices go unpaid every month. This is more than five times the typical rate in healthy financial ecosystems.”

This isn’t just a matter of inefficiency in the back office, the report added, but rather a systemic liquidity problem that can hinder working capital, strain customer relationships and make it difficult for companies to conduct forecasting.

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