Tipalti has strengthened its finance automation platform by acquiring Statement, an AI-driven treasury automation provider. This move brings real-time cash intelligence to Tipalti’s global suite, offering finance teams enhanced visibility, control, and forecasting for cash flow.
By integrating Statement’s technology, Tipalti enables businesses to automate manual treasury tasks, such as cash position tracking and cash flow forecasting, across banks, ERPs, and billing systems. This automation cuts operational costs, boosts efficiency, and frees finance staff to focus on strategic activities.
The AI-powered solution delivers immediate benefits:
– Real-time data analysis gives finance leaders deeper insights into liquidity and working capital, supporting faster, data-driven decisions.
– Improved cash flow forecasting helps companies anticipate needs and avoid shortfalls, optimizing financial planning.
– Streamlined treasury operations reduce errors and manual workload, while enhancing compliance and risk management.
For example, a mid-sized company using Tipalti’s platform can now instantly view cash balances across multiple accounts, accurately predict upcoming cash requirements, and automate payments—all without relying on IT support. This allows for better capital allocation and more confident financial management.
With this acquisition, Tipalti expands its comprehensive finance automation offerings, serving over 5,000 companies worldwide. Businesses benefit from a unified platform covering accounts payable, payouts, procurement, expense management, supplier management, tax compliance, and now advanced treasury functions.
In summary, the addition of Statement’s AI-native treasury capabilities enables companies to gain real-time financial insights, automate complex cash processes, and strengthen their overall financial operations—positioning Tipalti as a leader in AI-powered finance automation.
