Case Study: Jumio achieves an 80% reduction in procurement and accounts payable workload with Tipalti

Jumio Fights Fraud By Delivering a Smarter Identity Verification Experience

Jumio, a global leader in identity verification that processes billions of transactions across 200+ countries, needed to scale its finance operations to match rapid growth while continuing to fight fraud and meet regulatory requirements. Its multi-entity, multi-country finance team was burdened by manual purchase-order matching, complex tax and regulatory rules, costly intercompany transfers, and slow month-end closes—so Jumio sought to standardize and automate procurement and accounts payable while integrating with NetSuite.

Jumio implemented Tipalti Procurement to automate PO matching, invoice management and supplier onboarding, capture tax and payment data, and sync AP aging with NetSuite. The solution automated ~300 invoices per month, cut procurement and AP workload by 80%, accelerated monthly close reconciliation by 25%, and removed manual coding work—freeing the finance team to focus on strategic priorities.

Jumio

Henry Zhuang

Accounting Manager