Tipalti, a leader in finance automation, has announced its latest acquisition of Statement, an AI-driven treasury automation provider. With this move, Tipalti aims to strengthen its position as an AI-powered finance platform and offer deeper treasury management capabilities to its clients. This development signals an important step for mid-market businesses seeking modern financial solutions.
Tipalti Expands Finance Automation Suite With AI Treasury Tools
By acquiring Statement, Tipalti expands its comprehensive suite to deliver real-time cash intelligence. This addition brings advanced AI-driven cash flow visibility, insights, and forecasting directly into their platform. Now, mid-market businesses can access streamlined solutions for accounts payable, global payouts, tax compliance, and enhanced treasury functions, all in one place.
Statement’s AI-Native Platform Enhances Cash Flow Insights
Statement’s platform leverages machine learning and advanced AI to automate traditional treasury processes. Finance teams are now equipped with real-time visibility and control over their finances, enabling them to:
- Make more informed financial decisions
- Optimize working capital and liquidity
- Ensure accurate cash flow forecasts
This seamless integration connects with various financial platforms, including banks, ERPs, and billing tools, giving customers dynamic insights without the need for extensive IT resources.
Acquisition Strengthens Tipalti’s Leadership in Global Finance
The acquisition highlights Tipalti’s commitment to revolutionizing finance operations for growing businesses worldwide. With over 5,000 global companies already relying on Tipalti, the partnership with Statement supercharges their offerings. Together, they aim to help customers manage complex cash management, streamline workflows, and confidently forecast financials.
In summary, Tipalti’s acquisition of Statement marks a significant milestone in AI-powered finance automation. The combined strengths of both companies promise smarter treasury management, improved visibility, and streamlined finance operations for businesses worldwide. As Tipalti continues to invest in innovation, finance teams can anticipate greater control and efficiency in the evolving global market.
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