Tipalti Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS TOP 500 Market Report

Tipalti Strengths, Domain Expertise, and Key Differentiators

Established in 2010, Tipalti is the most comprehensive finance automation solution for mid-market businesses, streamlining the entire global accounts payable workflow through its AI-powered platform. By leveraging Tipalti, finance departments effortlessly manage their AP and supplier payments operations, reducing workload by up to 80%. This enables leading companies to scale their business efficiently amidst global expansion while reinforcing financial and tax compliance controls. Trusted by several thousand mid-market companies such as Therabody, DitroKid and FloSports, as well as industry giants that joined Tipalti in their early stages and scaled with its solutions such as Roku, ClassPass, Twitter, and Amazon Twitch, Tipalti stands out as a reliable partner in transforming supplier payment operations, exemplifying its strength and credibility in the market.
<./br> Its advanced fraud detection capabilities, such as the Tipalti Detect® module, proactively identify potential fraudsters by analyzing a wide range of data points, thereby mitigating risk exposure. The platform's scalability and integration with various ERP systems make it a preferred choice for mid-market companies seeking to streamline their financial operations. Tipalti’s seamless integrations with major enterprise resource planning (ERP) systems, such as NetSuite, Sage, Microsoft, SAP, QuickBooks and many more, further enhance its appeal.

Tipalti Recent Developments

Tipalti is the AI-powered platform for finance automation, elevating how finance teams operate in the global economy. It empowers its customers to scale faster and smarter by removing the complexities of doing global business and accelerating their finance operations efficiency. The Tipalti platform provides a comprehensive suite of finance automation solutions designed for mid-market businesses across accounts payable, global payouts, procurement, employee expenses, corporate cards, supplier management, tax compliance, and treasury. Tipalti partners with leading financial institutions such as Citi, Wells Fargo, J.P. Morgan, and Visa, enabling over 5,000 global companies to efficiently and securely pay millions of suppliers and payees across 200+ countries and territories, in 120 currencies.
<./br> Tipalti has demonstrated significant innovation and global expansion in 2024. At its 2024 Illuminate conference, the company introduced Tipalti Home, a unified platform that integrates accounts payable, expenses, cards, and procurement, featuring capabilities like automatic credit card payments for invoices and instant payment options. The platform now supports expanded local payment routes in regions such as the Nordics and Canada, enhancing its global reach. Tipalti has also bolstered its artificial intelligence (AI) offerings, incorporating AI-guided procurement processes, a smart report builder, and an AI-powered chat for customer support. The company expanded its card and expense management solutions to the UK and EU markets, further solidifying its international presence.
<./br> The company released over 150 new features in 2023, including Tipalti Expenses, Tipalti Auto Coding, and Ask Tipalti AI, powered by ChatGPT. Additionally, Tipalti secured $150 million in growth financing to fuel further innovation. Its European expansion has been particularly notable, with over 300 customers in the UK and EU, and projections that the region will account for at least 20% of new business by the end of 2024. Tipalti also expanded its leadership team and established significant operations in the UK, EMEA, and Canada, with over 300 employees in Canada alone. In 2023, Tipalti introduced Tipalti Expenses, a cutting-edge solution for expense management and automation. This new tool seamlessly integrates with Tipalti's existing platform, encloses accounts payable (AP), procurement, cards, and mass global payments. The integration aims to enhance financial visibility while mitigating errors and fraud, aligning with Tipalti's commitment to providing comprehensive and advanced solutions for businesses.

Tipalti Mergers and Acquisitions (M&A) Activities

In June 2025, Tipalti acquired Statement, an AI-native treasury automation solution. 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. Statement transforms traditional treasury operations, equipping finance teams with real-time visibility and control to make better financial decisions. Leveraging advanced AI and machine learning, Statement’s solution automates and streamlines the manual processes of cash position visibility, cash flow forecasts, and cash insights across many types of platforms, such as banks, ERPs, billing tools, and databases. With more efficient workflows and timely cash data, finance leaders can optimize working capital, improve liquidity, and ensure forecasts are accurate, resulting in better overall control of cash flow and more informed decision-making.
<./br> Tipalti’s other notable M&A activity was its acquisition of Approve.com, a cloud procurement services firm, in April 2021. This strategic acquisition, Tipalti’s first, enhanced its platform by integrating advanced procurement capabilities, enabling the automation of the entire accounts payable cycle. The move strengthened Tipalti’s ability to support comprehensive finance operations, including spend visibility and financial controls, positioning it as a more holistic solution provider. Since the acquisition, Tipalti has focused on integrating Approve.com’s technology, which has contributed to its expanded product suite. No additional acquisitions have been publicly reported as of May 9, 2025, suggesting a focus on organic growth and product enhancement.

Tipalti Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Tipalti applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Tipalti and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Tipalti Platform, Tipalti Cloud, Tipalti Approve, customers.

Tipalti Key Enterprise and Cloud Applications

Tipalti Platform, Tipalti Cloud, Tipalti Approve,

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Tipalti Direct vs Indirect sales

Tipalti Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Tipalti Customers

No. of Tipalti Customers: 5000+

No. of Tipalti Enterprise Applications Customers: 5000+

No. of Tipalti Cloud Customers: 5000+

No. of Tipalti Cloud Subscribers: x

Tipalti serves a diverse customer base, primarily targeting mid-market companies requiring advanced finance automation solutions. Its client portfolio exceeds 5,000 businesses across industries such as technology, media, e-commerce, and music production. Notable customers include companies like Therabody, DitroKid, and FloSports, as well as industry giants that joined Tipalti in their early stages and scaled with its solutions, such as Roku, Roblox, ClassPass, Twitter, and Amazon Twitch. These customers leverage Tipalti’s platform to automate accounts payable, manage global payments, and streamline procurement and expense processes.
<./br> For example, Odeeo, with 14 million active users and over 1,000 titles, uses Tipalti to automate invoice management, currency conversions, and publisher payouts. Another customer, Spitfire Audio, a UK-based music technology company, adopted Tipalti to manage increasing transaction volumes efficiently. Tipalti’s solutions enable clients to reduce supplier payment workloads by up to 80%, supporting scalable growth while maintaining robust financial and compliance controls.

Tipalti Market Opportunities, M&A and Geo Expansions

In September 2023, Tipalti introduced a localized financial automation solution specifically designed for the European market. This strategic initiative underscores the company's focus on expanding its footprint in key regions, notably Germany and the Nordic countries. The move represents a significant growth opportunity, allowing Tipalti to capture new market share by addressing the unique operational and compliance needs of European businesses. In tandem with geographic expansion, Tipalti is also leveraging advancements in artificial intelligence by integrating OpenAI’s GPT-4 into platform features such as Auto Coding and Ask Pi. The launch of additional products, including Tipalti Expenses and the Tipalti Card, has further diversified its solution portfolio, enabling the company to better meet the evolving needs of its global customer base. Finally, Tipalti's recent acquisition of Statement, a treasury automation solution, presents an opportunity to integrate treasury capabilities into the Tipalti platform, enabling a more comprehensive solution to mid-market CFO organizations. These innovations are reinforced by a seasoned leadership team committed to maintaining Tipalti’s competitive edge

Tipalti Risks and Challenges

Competition from SMB players pushing into mid-market such as AvidXchange and Bill.com. Legacy ERP systems are also starting to introduce their own solutions for simple AP automation use cases. For example, Bill.com offers a cheaper alternative with basic functionality, potentially attracting cost-conscious clients. The rise of large language models (LLMs) capable of processing unstructured data could bring in new entrants.

Tipalti Ecosystem, Partners, Resellers and SI

Tipalti has a very large ecosystem of partners across leading mid-market ERPs (NetSuite, Sage, Microsoft, SAP and many more), and industry specific solutions. Tipalti have 4 main partnership models. 1) Referral- Referral is the main model of partnership Tipalti has with almost all of its partners across the globe; it gives partners the opportunity to refer deals that may have a need for AP or Mass Payments automation. There are commercial incentives behind the referral program. 2) Implementation- Tipalti do not currently have a VAR (Value Added Reseller) program and generally does not outsource the implementation process. Tipalti manages implementation for all of its clients, and plans to work with partners to ensure that implementation goes smoothly for everyone's mutual benefit and the overall success of the client. 3) Embedded/Integrated-Tipalti has a select number of embedded/integrated partners in its landscape today. Embedded or integrated partners have software solutions that are a great mutual fit with Tipalti’s product set. For example, we have integrations with many of today’s leading ERP systems, allowing Tipalti to seamlessly fit into your wider accounting practices. 4) Channel-Lastly, Tipalti's newest partner model is its channel program, which gives partners the opportunity to sell Tipalti as either a) an embedded part of their own software platform, or b) as a service offering in addition to the other services that they currently provide - think outsourced accounting companies that would have Tipalti as a tool to help manage their books of business.
<./br> Over the past 5 years, Tipalti's Partner Network has grown by over 350%. Today, we have over 650+ partners ranging from the largest software firms (like Oracle NetSuite or Sage Intacct), to the largest Global Systems Integrators in the world (like RSM or Deloitte), and even down to individual consultants that may be single-member firms. Tipalti is open to work with partners of any size - as long as there is a mutual fit / interest in helping clients maximize efficiency in their finance operations - specifically regarding payments.

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: