SAN MATEO, Calif .– (COMMERCIAL THREAD) – Tipalti, the global leader in accounts payable automation, today announced the opening of new offices in Toronto, Ontario, Canada. This is Tipalti’s sixth global office, joining existing sites in San Mateo, California, Plano, Texas, London, England, Kibbutz Glil-Yam, Israel and Vancouver BC, Canada.
The new office is scheduled to open on January 1, 2022. Tipalti is actively recruiting talent for the new location, primarily looking for Account Managers, Sales Development Representatives, Solutions Consultants, Alliances and Operations commercial. Tipalti will initially hire 80 new team members in the office in 2022, and grow to 300 team members over the next two years.
“We are delighted to add another office in Canada to further accelerate our rapid growth,” said Sam Barakat, Director of Revenue, Tipalti. “Toronto is a technology hub and offers exceptional talent to the eastern region of North America.
The opening of Tipalti’s sixth global office in Toronto follows another year of accelerated growth. In 2021, the company acquired Approve.com (a leading cloud provisioning solution), announced an AP-controlled enterprise payment card, an integrated provisioning and payment solution, and the expansion of its financial operations capacities. It also added integrations to expense management provider Expensify and tax reporting provider Zenwork. The company maintained its highest-in-class customer satisfaction rate of 98%, increased revenue by 83% in the first half of 2021 compared to the first half of 2020, and grew to more than 700 employees in the world. Tipalti was also included on both the Inc. 5000 list of fastest growing private companies and the Deloitte Fast 500 for the fourth consecutive year.
For more information on opportunities in Toronto, visit: https://tipalti.com/careers/#jobs
Tipalti will also be holding a recruiting 5-7 in Toronto and encourages applicants to join. The event will take place on December 9, 2021 from 5 p.m. to 8 p.m. ET at Taco Taco, 319 Augusta Ave, Kensington Market, Toronto, ON.
About Tipalti
Tipalti comes from the Hebrew expression which means “We managed it”. Tipalti is the only company to manage both accounts payable and mass payment workflows for high-speed businesses throughout the financial operations cycle: onboarding and managing global suppliers, implementing controls ” sourcing, streamlining invoice processing and approvals, executing worldwide payments and reconciling debt data across a multi-branch finance organization. Tipalti enables high growth companies to grow quickly by making debt strategic with operational, compliance and financial controls. Businesses can efficiently and securely pay thousands of partners and suppliers in 196 countries within minutes. Thousands of companies, such as Amazon Twitch, GoDaddy, Roku, WordPress.com, and ZipRecruiter, use Tipalti to reduce operational workload by 80% and accelerate financial close by 25%, while strengthening financial controls and visibility of expenses. For more information, visit tipalti.com.
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