CohnReznick announced that its Digital Advisory practice has formed an alliance with Tipalti, a global finance automation company helping organizations drive efficiency through the automation and scalability of payables operations. By leveraging the Tipalti platform, CohnReznick will help its clients employ accounts payable and mass payments automation, integrated and branded payee portals, and proactive fraud prevention to streamline and secure global payment processes.

"As we continue to advise our clients on ways to drive efficiency through digital automation strategies, we are delighted that we can now offer the Tipalti platform to them," said Shawn Gilronan, Principal and Digital Advisory Leader at CohnReznick. "Most organizations currently spend significant time and resources by manually managing their global payment processes. The Tipalti platform will enable them to automate their payables operations while mitigating fraud and compliance risk. Our collaboration with Tipalti significantly enhances our ability to improve our clients' payment processing, tax data reporting, and risk prevention needs."  

Together, CohnReznick and Tipalti will enable organizations to drive efficiency across their global payables processes, reduce costs, and redirect vital resources to mission-critical initiatives that drive business growth. CohnReznick’s integrated end-to-end approach to digital transformation underscores the commitment of both companies to empower businesses to optimize operations and maximize value.  

"We’re thrilled to team with CohnReznick to help more companies streamline their payables processes,” said Zach Svendsen, VP, Alliances at Tipalti. “This collaboration will bridge the gap between people, processes, and technology, bringing more value quickly and efficiently to CohnReznick’s clients. By leveraging technology like AI to automate once-manual processes, organizations can reallocate resources for solving business-critical challenges and building the foundation for long-term success in finance transformation."