“Ecommerce isn’t the cherry on the cake, it’s the new cake.”
Jean Paul Ago, CEO L’Oreal
For years now, Syncit Group has been developing complex and scalable eCommerce solutions, including multi-store view, multi-language, multi-currency online stores. Bearing in mind the uniqueness of each store as well as the needs of store owners, we have also developed a number of custom eCommerce functionalities and extensions, including our most advanced software so far, Athena Search.
One of the main problems that eCommerce site owners face is having to spend an unnecessary amount of time and energy on the payables process. The best way to avoid this risky and time-consuming task is to automate the payment management process. And that’s where our newest partner Tipalti comes in. Let’s introduce them properly.
Tipalti helps eCommerce companies transform their payables process by applying smart cost and working capital controls, delivering operational efficiencies, eliminating fraud, and strengthening financial/compliance controls. With Tipalti, eCommerce companies reduce their time spent on manual payables workload by 80%+, while accelerating your financial close by 25%+.
When we say transform your payables process, we really mean automating every step in the journey—including self-service onboarding, managing suppliers/sellers, processing and approving invoices, executing payments, and reconciliation. Tipalti helps businesses make global payments to over 196 countries—using 120 currencies across six payment methods—in a matter of clicks.
Tipalti is a Hebrew word which means We Handled It™ – and our mission is to handle your business’s global payables, so you can spend more time on strategic initiatives. We’re proud to share that we’ve achieved a 98% customer retention rate with brands of all sizes, like Amazon, Twitch, GoDaddy, Roku, Twitter, Touch of Modern, Zola, and Brooklinen.
This powerhouse partnership can bring to both existing and future online-business owners a great opportunity to find everything in one place, win-win situation to increase their business value and save a lot of effort and energy on excessive tasks and let them focus on what is really important – providing the best services and experiences to their customers.