Tipalti's Automated Mass Payment PlatformDebuts New Invoicing Module
SaaS System Streamlines Invoicing to Help Payers Complywith Global Invoice Requirements
AGOURA HILLS, Calif., Jan. 22, 2013 /PRNewswire/ -- Tipalti, theonline automated global mass payment platform that makes it fast, easyand inexpensive to send payments to any vendor in 190 countries, todayannounced the launch of a new invoicing module. By using the newmodule, payers in countries requiring an invoice prior to fundsdisbursement to content providers, affiliates and partners can now easilycomply with these local regulations.Companies requiring payees to present invoices prior to makingpayments are currently burdened by the need to collect thousands of invoices and then reconcile the amounts on each with the expensesrecorded internally to ensure a matching amount. Whether invoices arecollected via paper or electronically, it is a burdensome process foraccounts-payable departments, particularly at companies making masspayments.Tipalti's new invoicing module makes the process fast and easy. Itcompletely automates the process, removing any manual intervention.With a single operation, amounts due to payees are captured, and payeeinvoices are automatically generated, providing the payer with thenecessary documentation to initiate payments. The invoicing module isintegrated with Tipalti's payment system, so invoices can be paidimmediately when submitted.