"As part of our commitment to help crowdsourcing, crowdfunding and social-marketplaces flourish, we are excited to support the Crowdsortium’s mission of furthering best practices, education, and public dialog within the industry." - Chen Amit, CEO Tipalti
Boulder, CO (PRWEB) April 18, 2012
Crowdsortium, the first crowdsourcing industry group, is pleased to announce that Tipalti, an online mass-payment solution provider, has joined Crowdsortium as a Premium Member. Tipalti focuses on providing a streamlined, automated, and efficient platform to solve the payment complexities facing crowdsourcing companies. The partnership with Tipalti is part of Crowdsortium’s aim to enable and promote crowdsourcing companies and provides them with the best possible solutions. Addressing issues of payments to the masses is a crucial area in the operations of every crowdsourcing company.
Tipalti's Software as a Service (SaaS) is a comprehensive solution for payments to writers, designers, developers, optimizers, contributors, funders, affiliates, and publishers. The Tipalti solution covers the entire pay-out process from payee registration and payment method selection, to tax document collection, automatic payment disbursement, payee screening, and exception handling. The solution is completely white-labeled and integrates with the crowdsourcing website using a single line of code. In addition to serving the crowdsourcing and crowdfunding industries, Tipalti also serves advertising networks, affiliate networks, online and social marketplaces.
“Crowdsourcing and crowdfunding are the most exciting developments in the way we do business, create products, fund projects, and combine productivity with social responsibility,” said Chen Amit, CEO of Tipalti. “We see a tremendous surge in demand for these novel methods of bringing products and services to consumers, and are dedicated to being an efficient and low-cost enabler of this revolution. As part of our commitment to help crowdsourcing, crowdfunding and social-marketplaces flourish, we are excited to support the Crowdsortium’s mission of furthering best practices, education, and public dialog within the industry.”
As the Crowdsortium continues to evolve, partnering with, and enlisting Tipalti as a Premium Member will help the industry move forward. The pairing of innovative solutions with crowdsourcing companies is a cornerstone in Crowdsortium’s charter, ensuring the industry’s growth and prosperity.
About the Crowdsortium
Crowdsortium is a group of crowdsourcing industry practitioners who have self-organized to advance their industry through best practices, education, data collection and public dialog. Crowdsortium currently has 150 companies, with 250 members consisting of practitioners, academics, funders and customers. For more information, visit http://www.crowdsortium.org/membership/.
Tipalti's Software as a Service (SaaS) allows crowdsourcing, crowd-funding, and advertising networks to streamline payments to developers, contributors, publishers and affiliates,. Tipalti supports a large number of payment methods per country, disburses payments in local currencies, handles tax-reporting requirements and fulfills the required screening of payees.