Tipalti Card

Tipalti describes Tipalti Card as an add-on to its accounts payable automation platform that lets a business issue virtual and physical cards and manage supplier payments in one place. The company announced a virtual card in a PR Newswire release and has help center articles introducing the card and explaining how to pay bills by card.

Tipalti company profile Tipalti official website

Tipalti Card: Tipalti Card

According to Tipalti, virtual cards are digital-only card numbers that can be issued quickly and embedded with controls. An organization can use its policies to set spending limits, vendor limits and restrictions.

All transactions are monitored and recorded, so unexpected spending can be caught early.

For recurring costs, such as software subscriptions or online advertising, the company says a stored virtual card can pay the bill. The transaction is matched and approved like other Tipalti workflows.

Tipalti describes automatic transaction matching and synchronization with the ERP, with default general ledger coding on each card so recurring items do not need manual coding.

Tipalti's blog explains uses of virtual credit cards and the benefits of virtual card payments for accounts payable. A quarterly update post describes new virtual card and team management features.

Research.com carries an outside review.

The product is a general finance tool and not a dealership product.

A controller would ask which accounting systems Tipalti connects to and whether dealership DMS accounting is supported, how card limits are set by department or rooftop, how manufacturer or co-op advertising invoices are handled, how receipts are captured, what fees and terms apply and how the store's bank relationship is affected. Check what costs extra.

Tipalti is a financial technology company based in Foster City, California. It sells accounts payable, procurement, expense management and global payments automation.

Wikipedia carries its history.

A dealer group's controller would ask what the card product adds over its existing bank card program.

Tipalti Card functions
Product or service	Function
Tipalti Card	A card product the directory tracks.