Foundation Software Construction Accounting vs. Tipalti

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Foundation Software Construction Accounting
Score 8.1 out of 10
N/A
Foundation Software headquartered in Strongsville, Ohio offers their construction accounting and payroll software. The vendor states that their job costing construction accounting software is designed to be easy to use and provides the accounting and management tools needed to run a successful construction business.N/A
Tipalti
Score 7.8 out of 10
Mid-Size Companies (51-1,000 employees)
Tipalti automates critical financial processes to drive efficiency, including accounts payable, mass payments, procurement, and expenses, all on one global finance automation platform that grows with the organization, automating, de-risking and simplifying finance.
$129
per month
Pricing
Foundation Software Construction AccountingTipalti
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
Foundation Software Construction AccountingTipalti
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
YesYes
Entry-level Setup FeeNo setup feeRequired
Additional DetailsPricing starts at $149 per month for the platform fee. Users can upgrade to Tipalti's more advanced capabilities as their businesses gets more complex. The Tipalti pricing model is designed to grow with the user's company. Advanced features such as W-8 tax forms, international tax IDs, or multi-entity payables are available as needed.
More Pricing Information
Community Pulse
Foundation Software Construction AccountingTipalti
Features
Foundation Software Construction AccountingTipalti
Human Resource Management
Comparison of Human Resource Management features of Product A and Product B
Foundation Software Construction Accounting
7.1
4 Ratings
7% below category average
Tipalti
-
Ratings
Employee demographic data5.02 Ratings00 Ratings
Employment history6.84 Ratings00 Ratings
Job profiles and administration9.52 Ratings00 Ratings
Workflow for transfers, promotions, pay raises, etc.7.03 Ratings00 Ratings
Organization and location management5.02 Ratings00 Ratings
Compliance data (COBRA, OSHA, etc.)9.01 Ratings00 Ratings
Payroll Management
Comparison of Payroll Management features of Product A and Product B
Foundation Software Construction Accounting
7.6
4 Ratings
0% above category average
Tipalti
-
Ratings
Pay calculation7.33 Ratings00 Ratings
Support for external payroll vendors10.01 Ratings00 Ratings
Off-cycle/On-Demand payment8.14 Ratings00 Ratings
Benefit plan administration7.33 Ratings00 Ratings
Direct deposit files6.23 Ratings00 Ratings
Salary revision and increment management7.03 Ratings00 Ratings
Reimbursement management7.03 Ratings00 Ratings
Asset Management
Comparison of Asset Management features of Product A and Product B
Foundation Software Construction Accounting
7.0
3 Ratings
3% below category average
Tipalti
-
Ratings
Tracking of all physical assets7.03 Ratings00 Ratings
Reporting & Analytics
Comparison of Reporting & Analytics features of Product A and Product B
Foundation Software Construction Accounting
7.7
4 Ratings
1% below category average
Tipalti
-
Ratings
Dashboards9.53 Ratings00 Ratings
Standard reports7.44 Ratings00 Ratings
Custom reports6.84 Ratings00 Ratings
Data exportability7.14 Ratings00 Ratings
Construction Project & Field Management
Comparison of Construction Project & Field Management features of Product A and Product B
Foundation Software Construction Accounting
8.9
4 Ratings
16% above category average
Tipalti
-
Ratings
Plan distribution & viewing10.01 Ratings00 Ratings
Plan markups & sharing10.01 Ratings00 Ratings
Photo documentation9.12 Ratings00 Ratings
Jobsite reports10.01 Ratings00 Ratings
Document sharing9.53 Ratings00 Ratings
Collaboration & approvals9.01 Ratings00 Ratings
Mobile app6.52 Ratings00 Ratings
Change orders6.73 Ratings00 Ratings
Estimating
Comparison of Estimating features of Product A and Product B
Foundation Software Construction Accounting
8.4
3 Ratings
4% above category average
Tipalti
-
Ratings
Job costing6.73 Ratings00 Ratings
Cost databases9.52 Ratings00 Ratings
Cost calculator9.01 Ratings00 Ratings
Payment Management
Comparison of Payment Management features of Product A and Product B
Foundation Software Construction Accounting
-
Ratings
Tipalti
8.8
62 Ratings
18% above category average
Customizable Approval Policies00 Ratings8.850 Ratings
Financial Document Management00 Ratings8.047 Ratings
Payment Status Tracking00 Ratings9.259 Ratings
Payment Audit Trail00 Ratings9.053 Ratings
Duplicate Bill Detection00 Ratings9.052 Ratings
Advanced OCR00 Ratings8.645 Ratings
Electronic Funds Transfer00 Ratings9.448 Ratings
Accounts Payable
Comparison of Accounts Payable features of Product A and Product B
Foundation Software Construction Accounting
-
Ratings
Tipalti
8.4
55 Ratings
21% above category average
Automated Accounts Payable Processes00 Ratings8.952 Ratings
Vendor Management00 Ratings9.052 Ratings
Tax Form Preparation00 Ratings7.432 Ratings
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User Ratings
Foundation Software Construction AccountingTipalti
Likelihood to Recommend
8.1
(5 ratings)
8.3
(100 ratings)
Likelihood to Renew
8.0
(1 ratings)
9.1
(4 ratings)
Usability
8.1
(4 ratings)
8.4
(76 ratings)
Availability
-
(0 ratings)
9.1
(1 ratings)
Performance
-
(0 ratings)
8.2
(1 ratings)
Support Rating
10.0
(1 ratings)
7.5
(14 ratings)
Online Training
-
(0 ratings)
7.3
(2 ratings)
Implementation Rating
6.0
(1 ratings)
7.3
(3 ratings)
Configurability
-
(0 ratings)
7.3
(2 ratings)
Ease of integration
-
(0 ratings)
6.4
(1 ratings)
Product Scalability
-
(0 ratings)
6.4
(1 ratings)
Vendor post-sale
-
(0 ratings)
8.2
(1 ratings)
Vendor pre-sale
-
(0 ratings)
8.2
(1 ratings)
User Testimonials
Foundation Software Construction AccountingTipalti
Likelihood to Recommend
Foundation Software
Working as a general contractor or subcontractor, I highly recommend Foundation Software Construction Accounting. I would not recommend it for anything outside construction, but it could still be used for other businesses.
Read full review
Tipalti
I would tell them that it manually syncs to ERPS. Additionally I would include the fact that you can pay multiple entities in one pay run allowing to be very efficient. I would also include that they can add rules to bill approvals or set up auto payments for certain vendors. Lastly, there are many reports you can run providing you will very informational data in seconds.
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Pros
Foundation Software
  • Invoicing
  • Reports
  • Payroll
Read full review
Tipalti
  • Tipalti has a very user friendly interface, clearly laid out and easy to navigate
  • The audit trail feature is hugely helpful to track an invoice's progress through the system
  • Being able to schedule invoices to be paid exactly on their due date ensures we pay on time but not earlier than necessary
  • We were able to put in strong controls around changes to vendor data
Read full review
Cons
Foundation Software
  • I think A/P Invoice approval could be much smoother.
  • Purchase orders should be more detailed able to be issued and easily modified and enter invoices against them.
  • A/P check distribution should let you select checks for ACH payment and printed check in the same run.
Read full review
Tipalti
  • The report that provides the "Not payable" vendors does not work well for us, particularly because the sync to our ERP goes both ways, which means all of the employees also sync over to Tipalti and remain as Not Payable. So the list is very long, and I don't find a good use for it.
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Likelihood to Renew
Foundation Software
There are some things it lacks, certain reports or history audits. I have to call them to do certain things-submit a ticket and wait on someone to call back instead of getting someone immediately. Especially if it's urgent. I have to wait on them to push an update-and they usually run a week or 2 later- to pull quarterly or annual tax forms.
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Tipalti
Solid system performance. Suits our needs and solution provider very inclined to accept feedback and involve users in developing the solution to serve both the provider and the ultimate user. Tipalti has streamlined our process that was previously very manual and prone to error. Now there is transparency of information and role.
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Usability
Foundation Software
I give Foundation Software Construction Accounting this rating because once you learn the software and how detailed its with multiple steps to complete transactions, it is very user friendly and keeps you from making user errors.
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Tipalti
Two-time Tipalti selector, implementor, and user. The payment features in the app saves many steps in the payment process. No longer do you have to set-up or upload payment information to your bank and then go back to your accounting system and mark items as paid. Tipalti does all of this with a click of a mouse. The payment feature is the stand out feature. Many vendors can process your invoices. Look at how at the payment process of others.....you will see.
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Reliability and Availability
Foundation Software
No answers on this topic
Tipalti
Tipalti has always been responsive to our questions and concerns.
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Performance
Foundation Software
No answers on this topic
Tipalti
No issues here. Generally has been pretty fast.
Read full review
Support Rating
Foundation Software
Support is usually pretty great. Most of the time return calls to tickets logged are fairly quick. Most everyone is knowledgeable and helpful.
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Tipalti
Since I also work in customer support, I often have to contact Tipalti's team with questions from our users. Tipalti's support team has always been exceptionally helpful and it was a pleasure to communicate with them. I have always received prompt responses to any inquiries and they are excellent at solving our customers' issues within a short time
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Online Training
Foundation Software
No answers on this topic
Tipalti
Tipalti provides great How to online guide
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Implementation Rating
Foundation Software
the person from them was impatient and would make comments about we've been over this
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Tipalti
The salesperson involved was involved in implementation which I found very helpful.
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Alternatives Considered
Foundation Software
Personally,
I did not have a hand in deciding the software, but for our company is has not
led to increased productivity or made things easier. It has been more difficult
for payroll to be inputted correctly and the payroll reports for certified
payroll often come out incorrect and we need to manually figure out how to correct
the issues and get them in correctly
Read full review
Tipalti
From initial implementation through to user experience, Tipalti has been able to exceed our expectations in terms of its functionality and useability. We have found with other systems implemented in the past they did not match our expectations which resulted in us terminating these services.
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Contract Terms and Pricing Model
Foundation Software
No answers on this topic
Tipalti
I did not make the decision to purchase this product.
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Scalability
Foundation Software
No answers on this topic
Tipalti
We were given the option of only one integration.
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Return on Investment
Foundation Software
  • Financial Management
  • Return on Investmetn
  • Job Costing
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Tipalti
  • Vendor onboarding has taken the responsibility from one person to the Vendor directly. This provides the vendor with the ability to enter their own banking information for payments and upload their Federal W9 form.
  • Vendors can upload their own invoices to the system, taking the possibility that our AP team did not receive an emailed or mailed invoice to upload. This also increases payment efficiency as the vendor's invoice is processed in a more timely manner.
  • AP can review invoices for accuracy and concentrate on how to code an invoice, rather than be a paper pusher or a data entry clerk. AP doesn't spend time searching for invoices that might be a duplicate, the system will communicate this on the software review process and if AP has uploaded by email the same invoice multiple times, an email will be sent to AP to indicate that the invoice was not uploaded due to duplication.
Read full review
ScreenShots

Tipalti Screenshots

Screenshot of Intelligent invoicing workflowScreenshot of Mobile approvals for invoices and paymentsScreenshot of Brandable self-service supplier portal (including handling tax forms)Screenshot of Brandable self-service portal to collect and validate payment detailsScreenshot of Combined payment methods, currencies, and entities in a single payment fileScreenshot of an early payment, which can be offered to suppliers through email or the supplier portal