Tipalti

Tipalti is a Business - to - business payments and invoicing tool designed for businesses that handle a lot of foreign payments. For firms with significant account receivable operations, Tipalti is an excellent solution for automatically receiving supplier invoices and payments.

Tipalti is a simple tool to use. Much of the procedure is automated, Tipalti can automate the whole payment process for merchants. This comprises both collecting and processing invoices, as well as automating scheduled payments based on the results of this procedure. It has been proven that automation reduces human mistakes by 66%. Tipalti also uses technology such as optical character recognition (OCR) and data extraction to recognize fields in invoices and match payments accordingly. This drastically reduces the amount of time spent manually entering data.

Best for: Enterprises processing large amounts of supplier invoices

Price range: $299/month (Tipalti Express) to $447/month (Tipalti Pro)

Free trial: Free demo

Website: https://tipalti.com/