As part of the deal, Paladin integrates Tipalti’s technology into its platform to make it easier to manage payment processes and provide a more creator-friendly payment experience.
Paladin provides easy-to-track revenue data
Paladin’s platform powers over 30 multi-channel networks and media companies. It auto-calculates creator earnings, handles minimum payment thresholds and offers revenue data in a simple overview to ease tracking.
James Creech, CEO, Paladin, says:
“Our partnership with Tipalti advances our goal of improving workflow and increasing productivity for clients. Payments automation is a primary focus for Paladin because preparing, delivering, and tracking payments quickly and accurately is mission critical for both networks and creators.”
Tipalti lets creators receive payments in their local currency and select a desired payment method such as Global ACH, PayPal or prepaid debit card and wire transfer.
Together with Paladin, it creates an integrated solution for mass creator payments from report ingestion and payment facilitation to financial reconciliation.
Chen Amit, CEO and Co-Founder of Tipalti, adds:
“The ability to foster a global talent base is where every MCN needs to go, and creators’ satisfaction with the payment experience is key to winning and retaining the best of them. For MCNs needing a clear advantage that scales easily and enhances creator satisfaction, Tipalti’s unique partnership with Paladin offers a one-stop shop for streamlining the entire payment lifecycle.”
In addition, the company says that the integration can help assist participating MCNs whilst their onboarding. Doing so, it auto-collects and vets payment information and tax forms. The tax compliance process is administered through a KPMG-certified solution.
Payments are also checked against anti-money laundering regulatory “Do Not Pay” lists before they are processed.
Nick Smith, Head of Network Operations, AwesomenessTV, says:
“Our creators are our number one priority. Paying them accurately and on time is crucial, so our team used to spend several days preparing monthly payments. Now with Paladin and Tipalti’s integrated payments system, we can pay tens of thousands of partners with just a few clicks and deliver a much better creator experience.”