Case Study: Yoto achieves faster month-end close and scalable finance operations with Tipalti

Yoto cuts month-end close 30% with Tipalti

Yoto, a children's audio player company, faced significant challenges scaling its financial operations. Its two-person accounts payable team was overwhelmed by manually processing 500 monthly invoices for over 1,200 global suppliers, a process that was time-consuming, error-prone, and created bottlenecks. They needed to automate their AP, streamline international expense reimbursements, and manage rapid growth in creator royalty payouts. To address this, they turned to the vendor Tipalti for its comprehensive finance operations platform.

Tipalti implemented its accounts payable, mass payments, and expenses solutions, integrating seamlessly with Yoto's NetSuite ERP. This automation streamlined the entire invoice lifecycle, managed multi-currency payments, and deployed self-billing for creators. As a result, Yoto reduced its month-end AP close time by 30%, minimized payment errors, and enabled its lean team to manage expanded operations without adding headcount. Tipalti provided a scalable foundation for Yoto's continued global growth.

Yoto