Tipalti Multi-FX
- Simplify FX & currency management for global payables
- Ideal for multiple subsidiaries and entities
Currency Conversions without the Complications
If you’re an international company with multiple subsidiaries, chances are you’ll need to make payments in local currency for those entities. Managing multiple banking relationships for entities that don’t generate revenue and are strictly cost centers can add unnecessary complexity to a global financial operation. With Tipalti, global payouts across currencies and countries have never been simpler.
- Eliminate the need to maintain regional bank accounts solely for payouts
- Provide one central virtual account to manage payments across all subsidiaries, currencies, and payment methods.
Effortless FX
If you don’t have enough funds in your local operating account to cover your entire payment run or support operational costs such as payroll or taxes, you don’t need to make an emergency bank run to purchase foreign currency on spot. Instead, let Tipalti handle it! We can also help you to manage the FX volatility risk.
- Fund your virtual account in your preferred currency
- Tipalti converts to the local currency
- Tipalti executes the payments for you
Jason Wechsler | VP, Revenue Accounting & Finance Automation at PubMatic
Using Tipalti Multi-FX has freed up a lot of time, as we no longer have to buy foreign currency on spot to execute our global payouts. Keeping everything in one system has been a great relief to shift the FX conversion burden to Tipalti!
Innovation and efficiency
come built-in
Tipalti offers the most comprehensive payables technology to help your
business streamline, simplify, and evolve.
Invoice Management
Ditch the busy work with touchless invoice processing with smart OCR. Advanced approvals with AI streamlines the approval process and minimizes delays.
PO Management
Manage spend all in one place. Streamline purchase requests, PO’s, approvals, and vendors with budget visibility to make informed decisions.
Global Payments
Send payments in 120 currencies in 196 countries through six unique payment methods.
Currency Management
Save time and money on FX conversion payouts with highly competitive exchange rates.
Payment Reconciliation
Speed up financial close by 25%+ by synching and reconciling multi-entity payables data with ERP and Accounting systems.
Self-Billing Module
Simplify self-billing processes with automated invoice creation and submission while ensuring global regulatory compliance.
ERP Integration
Best-in-class integration with your existing ERP and accounting systems and sync invoices, suppliers, payments and purchase orders.
Payments API
Integrate any system through our highly secure API that offers full-featured interfaces.
Artificial Intelligence/Tipalti AI
Take advantage of proactive, smarter processes for the entire payables operation as well as greater efficiency and risk mitigation.
Supplier Management
Effortlessly onboard vendors with a multilingual, self-service portal that’s brandable. Plus, give suppliers a real-time view of payment and invoice status.
PO Matching
Eliminate overspending and strengthen financial controls with automated 2-way and 3-way matching and enjoy a frictionless approval cycle.
Multi-Entity
Manage unique payables workflows and centralise AP for subsidiaries and entities within a single instance.
Tax Compliance
Take the headaches out of collecting and validating VAT tax information.
Financial Controls
Enterprise-grade financial controls: Fraud, tax, regulatory, audit, spend and cash flow.
Fraud Detection
Tipalti Detect lets you proactively identify payee fraud risk and maintain a full audit trail.
Secure Cloud
Rest assured that data is collected, stored, and transmitted securely in the cloud. Tipalti is SSAE 18 and ISAE 3402 SOC 1 Type II and, SOC 2 Type I certified, and GDPR Compliant.
Simplify Performance-to-Pay
Easily sync data from marketplace platforms and tie performance analytics to pay partners.
Let’s get more productive
Talk to an expert and learn how you can take control of your payables.