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Tipalti buys treasury automation outfit Statement
This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Tipalti continues to accelerate its market leadership by providing a comprehensive suite of finance automation solutions in one platform, designed for mid-market businesses across accounts payable, global payouts, procurement, employee expenses, corporate cards, supplier management, tax compliance, and treasury. Transforming Treasury with AI Statement transforms traditional treasury operations, equipping finance teams with real-time visibility and control to make better financial decisions. Leveraging advanced AI and machine learning, Statement's solution automates and streamlines the manual processes of cash position visibility, cash flow forecasts, and cash insights across many types of platforms, such as banks, ERPs, billing tools, and databases. With more efficient workflows and timely cash data, finance leaders can optimize working capital, improve liquidity, and ensure forecasts are accurate, resulting in better overall control of cash flow and more informed decision-making. "I am excited to welcome Statement to the global Tipalti team and to accelerate our treasury capabilities with powerful AI innovation for finance teams around the world," said Chen Amit, CEO and Co-founder of Tipalti. "For many global businesses in today's economy, getting complete and instant cash flow visibility across bank accounts, systems, entities, and currencies is very complex. Together, we have a unique opportunity to evolve our customers' treasury operations into a key business driver, empowering them to take control of their cash flow and maintain real-time visibility of their business finances. This addition to our finance automation suite furthers our mission to elevate how finance teams operate in the global economy." "We are thrilled to join a global leader like Tipalti. We have a shared vision for transforming finance operations so our customers can focus on their business," said Idan Vlodinger, CEO and Co-founder at Statement. "Innovating in treasury with AI-driven automation has been our sole focus since day one. Our AI-native solution complements the Tipalti suite with capabilities to help businesses manage cash with ease. With Tipalti's global scale, we will be able to help more customers streamline complex cash management processes, optimize liquidity, and forecast cash flow with more confidence." Transaction Details The deal was signed on June 16, 2025 and is expected to close shortly. Terms of the acquisition were not disclosed.
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Tipalti Expands Treasury Automation Offerings With Statement Acquisition | PYMNTS.com
By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions. "With this addition, Tipalti deepens its treasury offerings with powerful real-time cash intelligence capabilities to enhance cash flow visibility, insights, and forecasting driven by AI," the company said in a Tuesday (June 17) news release. "Statement transforms traditional treasury operations, equipping finance teams with real-time visibility and control to make better financial decisions." According to the release, Statement's solution automates and streamlines the manual processes of cash position visibility, cash flow forecasts and cash insights across platforms like banks, billing tools and databases. This helps finance leaders optimize working capital, improve liquidity and make sure their forecasts are accurate. "For many global businesses in today's economy, getting complete and instant cash flow visibility across bank accounts, systems, entities, and currencies is very complex," Chen Amit, co-founder and CEO of Tipalit, said in the release. "Together, we have a unique opportunity to evolve our customers' treasury operations into a key business driver, empowering them to take control of their cash flow and maintain real-time visibility of their business finances." The funding comes at a time when technology such as AI is helping modernize the accounts receivable (AR) function, which had for years been synonymous with manual invoices, aging spreadsheets, and past-due notices. But despite the rise of FinTech tools and the promise of digitization, most companies still struggle with the basics of AR. According to research from the PYMNTS Intelligence report "From Friction to Flow: AR Automation in 2025," 83% of companies say they have yet to fully automate their AR operations. "In practice, this means invoices routinely go out late, payment terms are poorly enforced, and collections remain reactive -- conducted over email or phone in many small and mid-sized businesses," PYMNTS wrote earlier this week. "The consequences are anything but trivial. For middle-market firms, delayed payments result in an average of $19 million in lost revenue annually. Nearly 30% of invoices go unpaid every month. This is more than five times the typical rate in healthy financial ecosystems." This isn't just a matter of inefficiency in the back office, the report added, but rather a systemic liquidity problem that can hinder working capital, strain customer relationships and make it difficult for companies to conduct forecasting.
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Tipalti, a leader in finance automation, has acquired Statement, an AI-powered treasury automation company, to expand its suite of financial solutions and provide enhanced cash flow visibility and forecasting capabilities to mid-market businesses.
Tipalti, a leading provider of finance automation solutions, has announced the acquisition of Statement, an AI-driven treasury automation company. The deal, signed on June 16, 2025, is set to close shortly, marking a significant expansion of Tipalti's offerings in the financial technology sector 1.
Source: PYMNTS
Statement's innovative platform leverages advanced AI and machine learning to transform traditional treasury operations. The solution automates and streamlines manual processes related to cash position visibility, cash flow forecasts, and cash insights across various platforms, including banks, ERPs, billing tools, and databases 1.
Chen Amit, CEO and Co-founder of Tipalti, emphasized the importance of this acquisition: "For many global businesses in today's economy, getting complete and instant cash flow visibility across bank accounts, systems, entities, and currencies is very complex. Together, we have a unique opportunity to evolve our customers' treasury operations into a key business driver" 2.
The acquisition comes at a crucial time when many companies are struggling with accounts receivable (AR) automation. According to a PYMNTS Intelligence report, 83% of companies have yet to fully automate their AR operations. This lack of automation results in significant financial consequences, with middle-market firms losing an average of $19 million in revenue annually due to delayed payments 2.
With the integration of Statement's technology, Tipalti aims to provide a more comprehensive suite of finance automation solutions designed for mid-market businesses. The expanded offerings will cover various aspects of financial operations, including:
The enhanced platform is expected to equip finance teams with several key advantages:
Idan Vlodinger, CEO and Co-founder of Statement, expressed enthusiasm about joining Tipalti: "Our AI-native solution complements the Tipalti suite with capabilities to help businesses manage cash with ease. With Tipalti's global scale, we will be able to help more customers streamline complex cash management processes" 1.
As businesses continue to face challenges in managing their financial operations, particularly in areas like accounts receivable and treasury management, the integration of AI-driven solutions like Statement into Tipalti's platform represents a significant step towards more efficient and intelligent financial management for mid-market companies in the global economy.
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