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Tipalti tax ID and document collection capabilities now cover 50 countries

GRC Announcements | February 13, 2017

Tipalti, a provider of global supplier payments automation, now supports more than 3,200 new tax validation rules across 47 countries to help finance teams keep up and stay compliant with the complex and ever-changing tax and regulatory rules across the globe. In total, Tipalti now has tax ID and document collection capabilities for 50 countries, drastically reducing the burden and risk of accounts payable tax compliance, in accordance with each country’s set of unique rules and requirements.

With tax compliance requirements becoming more complicated for financial operations departments to navigate, Tipalti’s tax compliance module has grown to apply over 4,000 tax validation rules to supplier tax data. Collected supplier tax IDs and values are also automatically passed to a client’s ERP system with Tipalti’s ERP bundles. Tipalti supports tax ID/form collection methods and validation including local tax ID support; European VAT IDs; and IRS... To get the full story, subscribe now.