Tipalti continues European expansion with new Dutch office
Accounting software fintech Tipalti has expanded into mainland Europe by opening a new office in the Netherlands.
The Amsterdam office will cover the Benelux region and follows the opening of a UK base last October. It will create 50 jobs over the next three years. The fintech, which is valued at over $8 billion, has already amassed more than 100 UK clients and grown its London team to nearly 100 employees; it will now seek to establish itself as a key player in the rest of Europe – starting from the Benelux.
Tipalti predicts that demand for the debt solution will allow the Amsterdam office to hit the ground running. According to our own research, finance teams in the region spend half of their time each week on manual processes – something that can be significantly simplified by Tipalti. Financial decision makers cite driving efficiency and reducing time spent on manual processes as their top two priorities.
‘Even greater opportunities’ for Tipalti within the EU
Rob Israch, General Manager Europe of Tipalti, says: “The launch in the UK was a huge milestone for Tipalti and the adoption has exceeded our expectations. We are already seeing a lot of demand for our solutions in mainland Europe, and by opening up our EU market, this provides even greater opportunities for growth while also strengthening our solutions for our British and American customers.
“Building on our momentum in the UK and US, we know Tipalti’s technology has a real impact on businesses looking to scale. Now more than ever, businesses need to work effectively to ensure they have a long-term solution that drives sustainable growth and frees up time for finance to guide strategy and agility.”
Markus Stellmach, Head of Finance – Systems at the urban mobility company Tier, says: “With a rapidly growing financial business, we struggled to coordinate a rapidly growing team with several subsidiaries into a single process, and finance was too ingrained in everyday life. daily maintenance of AP – it was time-consuming and complicated. We knew we needed to implement a proper process for purchase requests and approvals that could scale with us and free up finance time for more value-creating tasks.
“When we came on board with Tipalti Approve, we had a flexible, high-quality tool that was implemented across the organization in a matter of weeks, freeing the finance team from very time-consuming manual tasks to focus on more critical business work. We now have a tool that can keep pace with us and are confident that our finances are suitable to support our growing team as we continue to scale.”