BillingPlatform, the enterprise monetisation platform for innovative business models, has announced that Tipalti, the automated global payables solution, has chosen BillingPlatform as its enterprise billing solution.
BillingPlatform was selected for its solution flexibility, built-in data mediation capabilities and third-party integrations that support Tipalti’s critical billing and revenue management processes.
Headquartered in San Mateo, California, Tipalti is the only global accounts payable (AP) solution to streamline all AP and payment management workflow phases in one holistic cloud platform. As a result, it enables high-growth companies to scale quickly by streamlining payables with complete operational, compliance and financial controls.
Tipalti's solution addresses supplier onboarding and vetting, compliance, invoice processing, global payments in various methods and currencies, and payment reconciliation and reporting.
Amazon, Twitch, GoDaddy, Roku, WordPress.com, ZipRecruiter and over 2,500 others trust Tipalti to eliminate up to 80% of their supplier workload and elevate their global supplier payments operation.
“As we expanded, we needed a billing solution that could not only handle our growing volumes and complexity but also integrated to critical third-party solutions to round out the entire billing and revenue management process,” says Sarah Spoja, CFO, Tipalti.
“After completing a full evaluation of the market, BillingPlatform emerged as the best solution for our needs.”
With global customers serving multiple industries, including communications, transportation, media and entertainment, retail, finance and software, BillingPlatform is the only enterprise billing and revenue management solution that enables enterprises to monetise any product offering. These include simple subscriptions to sophisticated usage-based pricing models, and everything in between.
The unparalleled flexibility of the platform puts enterprises in control of how they differentiate in the market, maximise profitability, reduce operational costs and improve the customer experience.
“Tipalti has seen tremendous growth over the past few years, expanding into new markets and bringing on many high-velocity customers. So they needed a revenue management platform that could keep up with their growth and evolving business needs," says Dennis Wall, CEO, BillingPlatform.
“We are incredibly excited to partner with Tipalti and provide them with a solution that will drive operational efficiency and support their continued success.”
This news comes on the heels of BillingPlatform being named a Leader by IDC in its 2022 MarketScape for Enterprise-focused Subscription and Usage Management Applications. It was also named in the Constellation Research’s Smart Services Digital Monetization ShortList for 2022 and positioned as an Automated Revenue Management Market Leader by MGI Research based on an independent analysis of its product, management, strategy, finances and channels.
The company was also listed No. 2,396 on the 2022 Inc. 5000; recognised as a silver award winner in the Best in Biz Awards Enterprise Product of the Year - Financial Software category; recognised as a fast-growing company on Deloitte's Technology Fast 500; and named a winner in the 2021 Colorado Companies to Watch list.