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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
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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
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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
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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
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.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"
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.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
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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"
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.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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