Tipalti Expenses offers a comprehensive and purpose-built solution to streamline and manage employee-initiated spending and reimbursements, all within a single, efficient system.
Seamlessly integrating with the Tipalti finance operations automation platform, it has been proven to significantly reduce finance workloads by 80%, while providing unparalleled control and visibility over spending. Below are some of the key benefits that Tipalti Expenses offers users.
One System for All Spending
With the Tipalti platform, businesses can enjoy the convenience of a single solution to handle accounts payable, procurement, cards, expenses, and global remittance. This integrated approach not only streamlines finance processes but also delivers a seamless and unified finance experience for optimal efficiency.
Automatic Reconciliation
Experience a game-changing increase in efficiency and productivity with automated reconciliation. Say goodbye to the tedious tasks of tracking down receipts, deciphering expense categories, and entering ERP data manually. Tipalti’s cutting-edge technology automatically captures and processes expense-based transactions and reimbursements, seamlessly integrating them into the Tipalti-supported payment system.
With expenses categorized by GL expense type for enhanced visibility, you can effortlessly reconcile them at the entity GL level with your ERP system. Speed up your monthly close by over 25% and lighten your finance team’s workload with our revolutionary solution.
Real-Time Spend Control and Visibility
Centralize corporate spending and employee expenses effortlessly. Accounting teams gain full real-time oversight and authority over every transaction, regardless of whether it’s initiated by an employee or paid using Tipalti Card, ACH, Global ACH, wire transfer, PayPal, or check.
Faster Employee Reimbursements
Thanks to Tipalti’s powerful global payment network, accounting teams can swiftly reimburse employees, regardless of their location. Whether it’s for purchasing new office equipment or submitting business trip expenses, managers can effortlessly review and approve employee expenditures through the user-friendly mobile app or Tipalti Hub.
Other Key Capabilities
- iOS and Android apps for mobile expense filing and receipt submissions while on the go.
- Role-based review and approval capabilities for managers and finance teams for enhanced visibility and control.
- Automated expense policies to help enforce spending limits.
- Risk management and security checks for ensuring regulatory compliance.
Reach out to AccountingDepartment.com today to learn more about how our client accounting services, paired with Tipalti’s Expense integrations, can help you and your business.
