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Tipalti Bolsters Accounts Payable Platform With AI-Powered Pi

PYMNTS

The technology works in the background to provide correct approval routing and general ledger (GL) coding at the bill as well as bill line level. This intelligence helps improve future routing accuracy, streamlines payment reconciliation processes, and maintains data hygiene in the ERP,” the release stated.

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How do I clean up my financial statements?

CFO Share

The leading causes include: Poor monthly bookkeeping processes, including invoicing, billing, coding, and accruals. Too many general ledger (GL) accounts. Unsophisticated GL structures. Performing cash basis accounting instead of accrual basis. Incorrect costing or no costing. Bad intercompany processes.