New York, NY – August 06, 2024 – CohnReznick LLP, one of the leading advisory, assurance, and tax firms in the United States, today announced that its Digital Advisory practice has formed an alliance with Tipalti, a global finance automation company helping organizations drive efficiency through the automation and scalability of payables operations. By leveraging the Tipalti platform, CohnReznick will help its clients employ accounts payable and mass payments automation, integrated and branded payee portals, and proactive fraud prevention to streamline and secure global payment processes. 

"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," said Shawn Gilronan, Principal and Digital Advisory Leader at CohnReznick. "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."  

Together, CohnReznick and Tipalti will enable organizations to drive efficiency across their global payables processes, reduce costs, and redirect vital resources to mission-critical initiatives that drive business growth. CohnReznick’s integrated end-to-end approach to digital transformation underscores the commitment of both companies to empower businesses to optimize operations and maximize value.  

"We’re thrilled to team with CohnReznick to help more companies streamline their payables processes,” said Zach Svendsen, VP, Alliances at Tipalti. “This collaboration will bridge the gap between people, processes, and technology, bringing more value quickly and efficiently to CohnReznick’s clients. 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."  

About Tipalti 

Tipalti is a global finance automation company helping finance teams drive business growth by automating and streamlining accounts payable, mass payments, procurement, and employee expenses in one connected suite. Tipalti takes the complexity, cost and risk out of time-consuming financial workflows, making it easy for finance teams to collaborate with employees and suppliers. Tipalti partners with blue-chip banks and financial institutions such as Citi, Wells Fargo, J.P. Morgan and Visa, enabling global companies to efficiently and securely pay millions of suppliers across 196 countries, 6 payment methods and 120 currencies. Over 4,000 growth-minded companies globally use Tipalti’s suite of solutions to reduce their manual finance workload by 80% and accelerate close by 25%, all while strengthening financial and spend controls. For more information, visit tipalti.com.