Tipalti
89 Case Studies
A Tipalti Case Study
Lucidworks, a San Francisco–based search software provider, was struggling to manage accounts payable as it scaled globally. Multiple currencies, international vendors, manual bill runs (40–50 wires), and time-consuming checks for supplier tax documents left month-end close routinely past day 11 and limited visibility into cash burn and budget controls.
Implementing Tipalti for AP automation and PO matching—integrated with NetSuite—centralized supplier onboarding, handled multi-entity and cross-border payments/FX, and auto-synced invoices and payments. As a result, Lucidworks reduced the AP close by 50% to day five, eliminated manual invoice entry and wire processing, strengthened financial controls, and gained the forecasting and operational efficiencies needed to scale globally.
Andrew Jenks
Senior Accounting Manager