Tipalti Enables Automated Publisher Payments for Ad Tech Companies

Global Payables Platform Tipalti announced on Tuesday it enabled automated publisher payments for ad test customers, which includes AppMonet, StackCommerce, and mobileFUSED. Founded in 2010, Tipalti claims it is the only supplier payments automation solution to streamline all phases of the AP and payment management workflow in one holistic cloud platform. It was revealed:

“Tipalti makes it painless for accounts payable departments to manage their entire supplier payments operation. The solution addresses everything from supplier onboarding and vetting, to tax and regulatory compliance, invoice processing, payments to suppliers anywhere in the world in a wide range of payment methods and currencies, supplier payment status communications, to closing the loop with payment reconciliation and reporting.”

Speaking about the new feature, Wendy Welfelt, Director of Accounting and Finance at mobileFUSED, stated:

“We continue to grow, and about 90% of our growth has been international. Growth does come with its issues since paying people in international currency can be a pain, which is where Tipalti has come in to streamline everything. We also come across fraud in our industry, and Tipalti has provided the huge benefit of flagging suspicious activity quickly for us.”

Chen Amit, CEO and co-founder of Tipalti, went on to add:

“As ad tech companies grow and scale, they need to modernize their finance operations to easily onboard publishers, streamline communications with payees, and execute global payments while reducing tax, fraud, and regulatory compliance risk exposure. Digital media networks have a unique business model that requires expert attention. We are happy to be a part of their success.”

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