LOS ANGELES, CA--(Marketwired - June 27, 2016) - Next-generation media technology company Paladin Software (www.paladinsoftware.com) announced a strategic partnership today with the leading supplier payments automation provider, Tipalti (www.tipalti.com), to enable seamless payments to video content creators across countries, currencies, and payment methods.
Paladin, which powers more than 30 multi-channel networks (MCNs) and media companies, has integrated Tipalti's technology into its platform to help participating clients streamline their payment processes and offer a more creator-friendly payments experience. Tipalti's platform allows creators to receive payment in their local currency and select a desired payment method, including Global ACH, PayPal, prepaid debit card, wire transfer, and more.
Paladin's platform automatically calculates creator earnings, handles minimum payment thresholds, and provides at-a-glance revenue data for easy tracking. This new partnership with Tipalti creates the first fully integrated solution for mass creator payments from report ingestion and payment facilitation to financial reconciliation.
"Our partnership with Tipalti advances our goal of improving workflow and increasing productivity for clients," said Paladin Co-Founder and CEO James Creech. "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."
"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," said Chen Amit, CEO and Co-Founder of Tipalti. "For MCNs looking for a competitive 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."
The integration also assists participating MCNs during the creator onboarding process by automatically collecting and vetting payment information and required tax forms. The entire tax compliance process is administered through a KPMG-certified solution. All payments are also checked against anti-money-laundering regulatory "Do Not Pay" lists prior to processing. Creators receive branded payment status communications, and can monitor their earnings and payment status in real time through a white-labeled Creator Dashboard powered by Paladin.
"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," said Nick Smith, Head of Network Operations at AwesomenessTV. "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."
About Paladin Software
Paladin Software is the premier technology company for multi-channel networks and digital media companies. The Paladin platform streamlines processes, increases efficiency, and grows revenue for media companies that represent more than 200,000 content creators and a collective 15 billion monthly views. Paladin Software has offices in Los Angeles, Philadelphia, and Kraków, Poland. More information about Paladin is available here.
Tipalti is the only supplier payments automation solution to streamline all phases of the payment management workflow in one holistic cloud platform. Tipalti makes it painless for finance departments to manage their entire supplier payments operation. Leading companies use Tipalti to eliminate up to 80% of their supplier payments workload, helping them scale their business efficiently with global growth, while strengthening financial and tax compliance controls and while performing real-time payment reconciliation. That's why companies like Tapjoy, GoPro, Jukin Media, Chartboost, GoDaddy, Eventbrite, Vungle, Disqus, Vimeo, Touch of Modern and hundreds of others trust Tipalti to elevate their supplier payments operation. http://www.tipalti.com