Tipalti integrates with Intuit QuickBooks online

Wednesday 24 October 2018 09:02 CET | News

Tipalti has announced that its supplier payments automation solution has integrated with Intuit QuickBooks online, and is available through the QuickBooks App Store.

Tipalti is a cloud-based global payables solution that enables businesses to automate their global accounts payable workflow, helping them to execute multi-method bill payments across 190 countries and 120 currencies.

Through Tipalti, QuickBooks Online users are able to:

  • onboard suppliers through an online portal that reduces accounting data entry and payment error rates;

  • provide suppliers with immediate visibility into invoice and payment status and history, and allow them to update their profile information anytime;

  • collect W-9 and W-8 forms through a simple wizard questionnaire and then validating tax form data for 1099 and 1042-S tax preparation;

  • enable touchless bill processing, including OCR-based invoice scanning and automatic invoice approval routing with built-in machine learning;

  • make mass cross-border supplier payments to 190 countries with a wide range of payment methods;

  • ensure supplier payment regulatory and tax compliance by collecting and verifying tax forms (W-9, W-8 Series, VAT, tax ID), and screening every payment transaction against OFAC and international blacklists;

  • sync vendors, bills, payments, payment terms, fees, general ledger (GL) accounts, and custom fields.

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Keywords: Tipalti, Intuit QuickBooks, payments automation, cross-border supplier payments, OCR-based invoice
Countries: World