July 2024 release
Major announcements
Home will gradually be rolled out to all customers by the end of 2024.
Introducing Home, a one-stop solution for managing employees’ spend-related tasks. Built with the needs of your employees in mind, Home centralizes all of their spend-related tasks into one easy-to-manage screen. Once they log in and land on Home, employees can approve bills, expenses, and purchase requests, review card transactions, and quickly submit purchase requests and expenses. Our user-friendly interface, part of the modern Tipalti Hub UX, ensures a comfortable and easy consumer-grade experience that simplifies spend-related processes and takes the pain out of adoption.
Need to respond to a message? Home shows your employees when someone mentions them on an item so they don’t miss it, reducing any hold-ups in the process.
Your employees can approve bills and submit and approve purchase requests and expenses–while easily tracking their statuses–all from one place. Home keeps your employees organized and on track with everything related to your company spending in the Tipalti Hub, saving you time and effort.
The enhanced procurement experience will gradually be rolled out to all customers throughout 2025.
Introducing the revamped new procurement experience. The new procurement design offers a seamless consumer-grade experience that boosts efficiency, reduces bottlenecks, and ensures compliance with company policies and regulations.
Now, you can quickly create purchase requests, invite new vendors to register to the Supplier Hub, and manage approvals—all through Tipalti. In addition, we’re excited to announce we’ve integrated Tipalti AIArtificial Intelligence, which simplifies the process even more by letting you describe requests in free text instead of by filling out a form.
In the enhanced Supplier Hub, adding vendors is simpler and more manageable than ever. You can customize forms to collect specific business info needed by functional approvers across your organization, such as Legal, Procurement, SecOps, and IT. There’s no need for multiple emails or paperwork, reducing wait times and errors. You can now run parallel approvals, speeding up the approval process by simultaneously processing approvals from different functional approvers.
You receive email notifications updating you on approvals, which show Tipalti as the sender and the approval status. The new look and feel embraces Tipalti’s modern UX.
If you’re an approver reviewing a purchase request, you can use a budget bar to check if the purchase is within your budget before you make a decision.
General enhancements
We enhanced our Acumatica API integration to support PO matchingThe process of matching goods and services from purchase orders to invoices (2-way matching), and receipts (3-way matching) so you can sync any PO matching done in Acumatica’s ERP with the Tipalti Hub. The enhancement means purchasing metrics, POs, and GRNsA goods received note (GRN) is an internal document that acts as proof of goods received to match against invoices and purchase orders. GRN, receipt, and receiving report are synonymous. linked with a PO made in Acumatica are synced with Tipalti. Once synced, Tipalti can carry out 2-way or 3-way matching and sync the bills into Acumatica.
Additional updates
View DAC7 details in the Payees screen: You can now view DAC7 tax form details shared by your payees in the tax info section of the Payees screen in the Tipalti Hub, giving you clear visibility of the info.