Tipalti's Acquisition of Statement Revolutionizes Treasury Automation with AI Integration
Tipalti Acquires Statement: A Strategic Move in Finance Automation
On June 17, 2025, Tipalti, a leading AI-powered finance automation platform, declared a significant step in its growth by acquiring Statement, renowned for its innovative treasury automation capabilities. This acquisition is set to heighten Tipalti's offering in real-time cash intelligence, thereby strengthening its position as a frontrunner in the finance automation sector, particularly for mid-market businesses.
The Impact of the Acquisition
By integrating Statement’s cutting-edge AI-driven treasury solutions, Tipalti aims to enhance the visibility and control of cash flow for its clients. This strategic move enables finance teams to access immediate insights into cash positions and forecasts, a critical factor for efficient financial decision-making in today’s fast-paced business environment. Many organizations face challenges in grasping their comprehensive cash flow across various platforms and currencies, making this acquisition particularly advantageous in the complex global market.
Enhancing Traditional Treasury Operations
The treasury automation features offered by Statement automate and streamline processes traditionally hindered by manual effort. With advanced AI and machine learning technologies, these solutions enhance workflows and provide timely data critical for optimizing working capital and liquidity management. By employing such technologies, finance leaders can focus on strategic initiatives rather than getting bogged down in administrative tasks.
Chen Amit, the CEO and Co-founder of Tipalti, expressed enthusiasm over the acquisition, emphasizing the potential for Statement’s technology to transform treasury operations globally. Amit stated, “[With this acquisition], we have a unique opportunity to evolve our customers' treasury operations into a key business driver.” The integration of Statement’s capabilities allows businesses to harness real-time insights into their financial health, promoting informed and rapid decision-making.
A Commitment to Innovation
Statement's CEO and Co-founder, Idan Vlodinger, reflected on the merger, highlighting the shared vision between the two companies. “We are thrilled to join a global leader like Tipalti,” he remarked. He added that since its inception, Statement has focused on innovating treasury processes through AI-driven automation, positioning itself as a valuable asset within the Tipalti suite. This collaboration will maximize the potential for streamlining complex cash management systems and optimizing businesses’ liquidity.
Transaction Details
The acquisition was officially signed on June 16, 2025, but the terms have not been disclosed publicly. As the transaction moves towards completion, it is anticipated to significantly impact how Tipalti’s clients manage their finances moving forward.
About Tipalti
Tipalti is not just a finance automation platform; it’s a comprehensive solution designed to elevate how companies manage financial operations. With an emphasis on speed and efficiency, Tipalti alleviates the complexities associated with global business practices. Companies can leverage its bundled services across various domains including accounts payable, tax compliance, and treasury management.
About Statement
Statement excels in modernizing treasury processes with an AI-first approach. By easily integrating with multiple financial systems, Statement empowers organizations to gain transparency and control over their finances without needing extensive IT support. Theautomation not only brings accuracy to financial insights but also enhances productivity among finance teams.
Conclusion
With Tipalti’s acquisition of Statement, the stage is set for evolutionary changes in treasury automation. This strategic alignment promises to deliver value to mid-market businesses, enhancing their financial operations significantly. As both companies work together, clients can expect a suite of innovative solutions aimed at optimizing cash flow management, making this a groundbreaking moment for finance automation technology.