Tipalti, the leading AI-powered platform for finance automation, today announced the acquisition of Statement, an AI-native treasury automation company. This strategic acquisition marks a major milestone in Tipalti’s mission to revolutionize how finance teams operate in the global economy, by further strengthening its end-to-end finance automation platform.

For over 15 years, Tipalti has empowered mid-market businesses to scale efficiently by eliminating the complexity of global financial operations. The company offers a comprehensive suite of solutions—including accounts payable, global payouts, procurement, employee expenses, corporate cards, supplier management, tax compliance, and now, treasury—that help businesses streamline their finance operations.

“Our acquisition of Statement is a significant leap forward in our journey to modernize finance operations,” said Chen Amit, CEO and Co-Founder of Tipalti. “Statement’s advanced, AI-driven treasury capabilities align perfectly with our vision and enhance our ability to deliver unparalleled automation and intelligence to finance teams worldwide.”

Unlocking the Power of Treasury Automation

Treasury functions are a cornerstone of financial health and risk management for scaling companies. However, many businesses still rely on fragmented and manual processes to manage cash flow, reconciliation, and forecasting—especially when operating across multiple bank accounts, currencies, and entities.

Statement brings real-time, AI-powered cash intelligence to these critical functions. By automating the aggregation of cash positions, generating forecasts, and surfacing insights from systems including ERPs, billing tools, and bank integrations, Statement transforms treasury operations into a streamlined, data-driven process.

With integrations across more than 3,000 banks and leading ERP systems, Statement has reimagined how modern businesses manage cash flow—particularly for the underserved mid-market segment.

Accelerating Innovation for the Modern Finance Team

This acquisition builds on Tipalti’s track record of strategic innovation, following its 2021 acquisition of Approve.com to bolster procurement capabilities. With the addition of Statement’s AI-native platform and expert team, Tipalti continues to push the boundaries of finance automation and deliver innovation that directly addresses its customers' evolving needs.

Availability and Customer Impact

• For Tipalti customers, Statement Treasury is available immediately as a standalone solution. Full integration into the Tipalti platform is expected in the coming months.

• For Statement customers, there will be no disruption to service. They will continue to receive the same high-quality support and product experience, while also gaining access to Tipalti’s global reach, expanded resources, and cutting-edge financial technology.

“Today’s announcement represents more than an expansion of capabilities—it reaffirms our commitment to transforming finance operations with intelligent, scalable solutions,” added Amit. “Together with Statement, we’re helping finance teams become more agile, data-driven, and prepared for the demands of a global economy.”