<ul data-eligibleForWebStory="true"><li>Tipalti acquires AI-powered treasury automation provider Statement to enhance cash flow visibility and forecasting.</li><li>Statement's solution automates cash position visibility, cash flow forecasts, and insights across platforms.</li><li>The addition aims to optimize working capital, improve liquidity, and ensure accurate financial forecasts.</li><li>The move aligns with the trend of technology like AI modernizing finance functions such as accounts receivable.</li><li>Companies still struggle with automating AR operations despite the rise of FinTech tools.</li><li>Late invoices, poorly enforced payment terms, and reactive collections remain common issues in AR processes.</li><li>Delayed payments can lead to significant revenue losses and hinder working capital for firms.</li><li>Automation in AR operations is crucial for maintaining financial health and customer relationships.</li></ul>

Tipalti Expands Treasury Automation Offerings With Statement Acquisition

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