CohnReznick partners with Tipalti

CohnReznick announced Tuesday that its digital advisory practice has formed an alliance with payments software provider Tipalti. Through Tipalti's platform, the Top 100 Firm will help its clients improve their global payables processes by implementing accounts payable and mass payment automation, integrating payee portals, and establishing fraud prevention measures.

"As we continue to advise our clients on ways to drive efficiency through digital automation strategies, we are delighted that we can now offer the Tipalti platform to them," Shawn Gilronan, principal and digital advisory leader at CohnReznick, said in a statement. "Most organizations currently spend significant time and resources by manually managing their global payment processes. The Tipalti platform will enable them to automate their payables operations while mitigating fraud and compliance risk. Our collaboration with Tipalti significantly enhances our ability to improve our clients' payment processing, tax data reporting, and risk prevention needs."

Tipalti provides an end-to-end, cloud-based payments software to businesses. Users can manage every part of the accounts payable and payment management process through one consolidated platform. 

"This collaboration will bridge the gap between people, processes, and technology, bringing more value quickly and efficiently to CohnReznick's clients," Zach Svendsen, vice president of alliances at Tipalti, said in a statement. "By leveraging technology like AI to automate once-manual processes, organizations can reallocate resources for solving business-critical challenges and building the foundation for long-term success in finance transformation."

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