NexusPayables vs. Tipalti

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
NexusPayables
Score 8.1 out of 10
N/A
NexusPayables is accounts payable automation software from Nexus Systems. It includes on-site purchasing, POs, approval workflows, invoice data capture, budgets and actuals, vendor compliance, reporting, and it integrates with the user's GL accounting system.N/A
Tipalti
Score 7.9 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
NexusPayablesTipalti
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
NexusPayablesTipalti
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeOptionalRequired
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
NexusPayablesTipalti
Top Pros

No answers on this topic

Top Cons
Features
NexusPayablesTipalti
Payment Management
Comparison of Payment Management features of Product A and Product B
NexusPayables
-
Ratings
Tipalti
8.8
48 Ratings
38% above category average
Customizable Approval Policies00 Ratings9.437 Ratings
Financial Document Management00 Ratings8.433 Ratings
Payment Status Tracking00 Ratings9.146 Ratings
Payment Audit Trail00 Ratings8.640 Ratings
Duplicate Bill Detection00 Ratings8.041 Ratings
Advanced OCR00 Ratings8.835 Ratings
Electronic Funds Transfer00 Ratings9.436 Ratings
Accounts Payable
Comparison of Accounts Payable features of Product A and Product B
NexusPayables
-
Ratings
Tipalti
8.5
43 Ratings
43% above category average
Automated Accounts Payable Processes00 Ratings8.740 Ratings
Vendor Management00 Ratings8.740 Ratings
Tax Form Preparation00 Ratings8.122 Ratings
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NexusPayablesTipalti
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Score 9.7 out of 10
Medium-sized Companies
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Enterprises
Webexpenses
Webexpenses
Score 8.5 out of 10
Webexpenses
Webexpenses
Score 8.5 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
NexusPayablesTipalti
Likelihood to Recommend
5.0
(1 ratings)
9.0
(87 ratings)
Likelihood to Renew
-
(0 ratings)
8.4
(3 ratings)
Usability
-
(0 ratings)
7.0
(63 ratings)
Availability
-
(0 ratings)
9.1
(1 ratings)
Performance
-
(0 ratings)
8.2
(1 ratings)
Support Rating
6.0
(1 ratings)
8.5
(13 ratings)
Online Training
-
(0 ratings)
7.4
(2 ratings)
Implementation Rating
-
(0 ratings)
7.4
(2 ratings)
Configurability
-
(0 ratings)
7.4
(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
NexusPayablesTipalti
Likelihood to Recommend
Nexus Systems
NexusPayables is well suited for your invoice tracking and payments, especially for medium to large businesses. I would not recommend for smaller companies because I don't see the value for them. Once trained, the system is useful. However, the user interface is confusing without proper training and is not user-friendly. I highly suggest businesses invest in a specific set of people to be trained so that they can teach others to use the program.
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Tipalti
The invoice processing element is far, far easier than manually inputting invoices are we were doing previously. The OCR is not perfect, but having it scanned in and ready for review saves a lot of time. The approvals process is fast and effective, and approvers can approve directly from the email without having even to log into the system. The audit trail function allows the finance team to see exactly who has done what to each invoice, and when. Payments, however, are where we see the most benefit. Vendor bank details are stored securely and controls can be put in place to ensure that any changes to vendor data must be approved. Once fully approved, invoices can be scheduled for payment either on a particular date or on the invoice due date, which ensures vendors are paid on a 'Just In Time' basis. All invoices and payments sync seamlessly to our ERP each day.
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Pros
Nexus Systems
  • Invoice Tracking
  • Invoice review
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Tipalti
  • Invoice coding, routing, and approval
  • Complete visibility of all invoices floating around your organization
  • Payment of invoices via numerous methods and multiple currency with just a click of the mouse
  • Captures W9 & W8-BENE information
  • posts all information including a pdf of invoice into your GL/accounting system
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Cons
Nexus Systems
  • Not very user-friendly
  • Not intuitive
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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
Nexus Systems
No answers on this topic
Tipalti
Tipalti developed a workflow us that has improved our efficiency in onboarding vendors and processing payments. They also ensure that we have all the required tax forms from the vendor before a payment goes out.
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Usability
Nexus Systems
No answers on this topic
Tipalti
The system is incredibly easy to use, with most tasks being completed in a small number of clicks. The user interface is very user intuitive and can be navigated very easily. Multiple payments can be made instantaneously and as the vendors manage their payable account we are able to ensure that payments are being sent to the right account. The advanced functionality for duplicate invoices ensures that we are not processing bills twice and we have found that in 100% of cases it has identified a duplicate bill.
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Reliability and Availability
Nexus Systems
No answers on this topic
Tipalti
Tipalti has always been responsive to our questions and concerns.
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Performance
Nexus Systems
No answers on this topic
Tipalti
No issues here. Generally has been pretty fast.
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Support Rating
Nexus Systems
NexusPayables FAQ and Help sections are not extraordinarily helpful. They will answer some questions, but most often, I have to bother my accounting co-workers because of the way the system is set up NexusPayables themselves can't help me most of the time. They tell me to refer to the program administrator.
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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
Nexus Systems
No answers on this topic
Tipalti
Tipalti provides great How to online guide
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Implementation Rating
Nexus Systems
No answers on this topic
Tipalti
Implementation went smooth as we used and tested everything in the sandbox first
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Alternatives Considered
Nexus Systems
Our company uses both at the moment, and I find that Concur Invoice is a much more user-friendly interface that is easy to use, easy to navigate, and extremely efficient. Unfortunately, we only use Concur Invoice for personal expenses and company credit card reconciliations at the moment, which is why we use NexusPayables for vendors.
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Tipalti
Previously, our Company housed all invoices and approvals in NetSuite. This was a very clunky process which often resulted in duplicated work. Approvals were obtained through email and attached as a file to invoice records in NetSuite. Whereas, in Tipalti, you can view the entire audit history by simply clicking into an invoice.
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Contract Terms and Pricing Model
Nexus Systems
No answers on this topic
Tipalti
I did not make the decision to purchase this product.
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Scalability
Nexus Systems
No answers on this topic
Tipalti
We were given the option of only one integration.
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Return on Investment
Nexus Systems
  • Tracking of income
  • Tracking of profit
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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.
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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