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Score 6 out of 101
11 Ratings
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Score 8.8 out of 101

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Likelihood to Recommend

Anybill

Tax Payments to multiple states using one check request. You also will not have to set up multiple vendors in your system.
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Tipalti

Tipalti is well suited for companies that have to pay out hundreds of partners in multiple currencies in different formats (e.g. Paypal, ACH, wires, eChecks.) They provide a very intuitive portal that has a simple yet effective UI to process payments. If your company has minimal payment needs, Tipalti could be helpful but I think it's best suited for companies that have many payment streams. That would allow your company to fully tap the potential of this tool
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Pros

  • Eliminates multiple vendor set ups
  • Only have to process one check request for multiple jurisdiction payments
  • they take care of the delivery of payment part
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  • Mass payments are very easy since Tipalti manages all of the payee's payment details.
  • Their payment reporting is very detailed which is great for accountants doing reconciliations for mass payments with several different payment methods and fee structures.
  • The seamless integration with our website gives our users a great experience and makes it easy for them to manage their payment methods.
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Cons

  • Tax schema can be confusing
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  • Tipalti's payer dashboard, where we submit payments and check payee details, is sometimes slow. However, we haven't experienced any downtime or had any issues with the Tipalti's iframe where the publishers enter their info.
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Alternatives Considered

I have not used other products. We use to create multiple check requests every month to process different payments in house.
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When we implemented Tipalti, PayPal was not supported for mass payments in India. The fees for PayPal transfers are generally higher than some of the Tipalti payment methods especially for larger payment amounts. We felt the additional payment options and the option to subsidize fees was a value add for our research community.
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Return on Investment

  • increased efficiency of payment process
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  • We cut our AP processing time to researchers by 90% after implementing Tipalti.
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Pricing Details

Anybill

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Entry-level set up fee?
Additional Pricing Details

Tipalti

General
Free Trial
Free/Freemium Version
Premium Consulting/Integration Services
Yes
Entry-level set up fee?
Required
Additional Pricing Details