Tipalti to help automate ironSource’s global supplier payment processes
ironSource is having a busy week. Following the rebranding of its merger with Supersonic into one unified company name ironSource, it has also chosen payments automation platform, Tipalti, to help automate its global supplier payment processes.
Tipalti provides automated payment solutions
ironSource has tens of thousands of supply partners, including app developers, mobile carriers and device markers for whom it manages an operational network. However, paying its partners can be challenging given the differences in local currency. Before adding Tipalti features, ironSource finance teams were dealing with issues related to onboarding of new partners, collecting tax IDs and reporting on payment reconciliation.
Tipalti offers a robust monetization solution that automates global payments to partners and provides dedicated resources and growth-related initiatives as opposed to accounts payable processes.
Eran Weizel, VP Finance, ironSource, says:
“ironSource has always been driven by a commitment to help our partners achieve greater business success. Optimizing and automating the payment process for them with solutions like Tipalti is one critical part of that. We’ve experienced extraordinarily rapid growth over the last few years, and Tipalti’s payment automation solution has helped ensure we could keep up with that growth and scale efficiently.”
Monetisation platforms have increasingly begun to adopt easier payment solution such as Tipalti’s cloud payment automation platform to streamline the full supplier payments operation. It eases the process to pay global partners and at the same time enhances the payment experience and strengthens financial, tax, risk and regulatory compliance safeguards.
Chen Amit, CEO and co-founder of Tipalti, adds:
“Digital startups are where Tipalti was born from and a segment that continues to grow in prominence in our global economy. We are pleased to support leading companies like ironSource as they continue to disrupt their industries and surpass their competition. No fast-growing company should focus valuable resources manually managing the partner payment process. Tipalti has successfully simplified that entire supplier payments operation with our holistic cloud solution, and that is why the world’s leading and most innovative monetization and digital economy companies continue to standardize on our solution.”