Accounts payable · Production

Splice saves 12 weeks a year on invoice processing and royalty payments with Tipalti

The problem

Splice's finance team manually processed multiple types of operational payments—monthly label payments, vendor and contractor invoices, and quarterly artist royalties—with hundreds of royalty payments alone consuming weeks of dedicated work per quarter close and no automated platform in place.

Workflow diagram · grounded in source
1
Invoices sent to Tipalti inbox
trigger
“Today, Yaqoobi simply sends his invoices to the Tipalti inbox”
2
Automated document scan and check
ai_action
“Tipalti scans the document, ensuring everything is correct”
3
Centralized approval
human_review
“it's ready for approval—everything happens in one centralized system”
4
Automated payment execution
output
“I literally just upload the payments into Tipalti, and it just pays it from there. I don't have to do any manual work.”
5
Real-time NetSuite sync
integration
“Splice was able to implement real-time syncing with NetSuite—ensuring completed approvals within minutes”
Reported outcome

With Tipalti, Splice reduced annual payment processing from eight weeks a year to less than an hour, eliminated 36 days a year of AP invoice workload, cut AP aging reports from three weeks to one day, and achieved a 30–40% faster monthly close.

Reported metrics
Monthly close speed30–40% faster
Annual payment processing timeeight weeks a year to less than an hour
AP invoice processing workload eliminated annually36 days a year
AP aging report turnaroundthree weeks to one day
Show all 6 reported metrics
monthly close speed30–40% faster
annual payment processing timeeight weeks a year to less than an hour
AP invoice processing workload eliminated annually36 days a year
AP aging report turnaroundthree weeks to one day
total annual time saved12 Weeks a Year
quarterly royalty payment volume900+ royalty payments took two weeks per quarter close
Reported stack
TipaltiNetSuite
Source
https://tipalti.com/resources/customer-stories/splice/
Read source ↗

Frequently asked questions

What did this team achieve with this AI workflow?

With Tipalti, Splice reduced annual payment processing from eight weeks a year to less than an hour, eliminated 36 days a year of AP invoice workload, cut AP aging reports from three weeks to one day, and achieved a 3…

What tools did this team use?

Tipalti, NetSuite.

What results were reported?

Monthly close speed: 30–40% faster; Annual payment processing time: eight weeks a year to less than an hour; AP invoice processing workload eliminated annually: 36 days a year; AP aging report turnaround: three weeks to one day (source-reported, not independently verified).

How is this accounts payable AI workflow structured?

Invoices sent to Tipalti inbox → Automated document scan and check → Centralized approval → Automated payment execution → Real-time NetSuite sync.