PeopleSoft eProcurement vs. Tipalti

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
PeopleSoft eProcurement
Score 6.8 out of 10
N/A
Oracle's PeopleSoft suite of software includes eProcurement, the suite's procurement automation solution.N/A
Tipalti
Score 7.9 out of 10
Mid-Size Companies (51-1,000 employees)
Tipalti is a cloud-based platform that enables mass payment management and execution to networked partners (e.g. affiliates, suppliers, vendors, crowdsource, freelancers, and content publishers) across international borders. Payment can be in any local currency, through a variety of methods (e.g. ACH, Global ACH, wire, pre-paid debit card, live check, cash, etc.). All tax and regulatory (OFAC/AML fraud protection) is streamlined by Tipalti.
$149
per month
Pricing
PeopleSoft eProcurementTipalti
Editions & Modules
No answers on this topic
No answers on this topic
Offerings
Pricing Offerings
PeopleSoft eProcurementTipalti
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoYes
Entry-level Setup FeeNo setup feeRequired
Additional DetailsPricing starts at $149 per month for the platform fee. As your business gets more complex, you can seamlessly upgrade to Tipalti’s more advanced capabilities at any time. Our pricing model is designed to grow with your company. As you need to add advanced features such as W-8 tax forms, international tax IDs, or multi-entity payables, we can easily handle that for you.
More Pricing Information
Features
PeopleSoft eProcurementTipalti
Payment Management
Comparison of Payment Management features of Product A and Product B
PeopleSoft eProcurement
-
Ratings
Tipalti
8.3
25 Ratings
48% above category average
Customizable Approval Policies00 Ratings7.919 Ratings
Financial Document Management00 Ratings8.518 Ratings
Payment Status Tracking00 Ratings8.324 Ratings
Payment Audit Trail00 Ratings8.219 Ratings
Duplicate Bill Detection00 Ratings8.322 Ratings
Advanced OCR00 Ratings8.117 Ratings
Electronic Funds Transfer00 Ratings8.617 Ratings
Accounts Payable
Comparison of Accounts Payable features of Product A and Product B
PeopleSoft eProcurement
-
Ratings
Tipalti
8.3
24 Ratings
66% above category average
Automated Accounts Payable Processes00 Ratings8.423 Ratings
Vendor Management00 Ratings8.222 Ratings
Tax Form Preparation00 Ratings8.412 Ratings
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User Ratings
PeopleSoft eProcurementTipalti
Likelihood to Recommend
7.7
(6 ratings)
8.6
(64 ratings)
Likelihood to Renew
-
(0 ratings)
7.7
(2 ratings)
Usability
7.0
(1 ratings)
8.3
(40 ratings)
Availability
-
(0 ratings)
9.1
(1 ratings)
Performance
-
(0 ratings)
8.2
(1 ratings)
Support Rating
-
(0 ratings)
8.7
(12 ratings)
Online Training
-
(0 ratings)
7.7
(2 ratings)
Implementation Rating
-
(0 ratings)
7.7
(2 ratings)
Configurability
-
(0 ratings)
7.7
(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
PeopleSoft eProcurementTipalti
Likelihood to Recommend
Oracle
Currently we are only using ePro on the back end - we have an integrated front end for workflow approvals, catalog management that is much more user friendly than previous versions of PeopleSoft. It may be time to review what's now available in the new versions.
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Tipalti
The School of Life has many big corporates clients who uses other onboarding and payment platforms which are not very user friendly. But Tipalti is extremely user friendly so this stands out very well. Suppliers want to get on-board smoothly as possible and have no issues with payment. This is where Tipalti comes in and helps with this process
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Pros
Oracle
  • System allows for quick ordering from preferred vendors or past orders. This can expedite the process for frequent users.
  • PeopleSoft communicates with our finance department so allows for quick lookup and linking to the thousands of accounts that can be used fro purchasing. This reduces error in entering incorrect numbers that do not exist.
  • Streamline flow to the direct supervisor or account control to approve the ePro request. Triggers a direct email with link to the request, and the review/approval is less than a few clicks.
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Tipalti
  • When an invoice is uploaded to Tipalti, it can autofill the info into the software, making my life a lot easier and saving me time!
  • I can track the status of whether an invoice is paid, avoiding having to send out lots of slacks and emails to find out the status.
  • It allows me to work over multiple time zones, so I don't need to communicate all the information directly to the finance team, it cuts out the middle man!
  • I get an email to approve the invoice so I don't even need to log in!
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Cons
Oracle
  • Robustness of facilities within the browser - PeopleSoft ePro uses a frame to encapsulate the punchout, and this is not always the best supported
  • PeopleSoft Test Framework does not work with ePro punchout, which requires manual testing and does not allow for end to end automated testing
  • eProcurement and traditional "Core" procurement do not share the same functionality exactly, which can cause confusion within the user community
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Tipalti
  • They have shut down payments on key vendors who had attempted to update their address. I would rather they notify us so we can resolve with the vendor without delaying payments.
  • Many of the notifications we get do not include the vendor number. This leads us to have to get in touch with the vendor just to obtain a vendor ID before taking the notice any further.
  • There can be delays up to half hour from the time we wire funds to our Tipalti account and when they become available to use. They have an early deadline, 11 PST that requires some accommodation to get payments out on time.
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Likelihood to Renew
Oracle
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
Oracle
I am aware of better systems, but this is what the employer I work for has to offer. Overall, there are fewer negatives than positives so I would support the usability. New staff members can quickly obtain access and go through a 5-10 minute training video that we build in house. The speed at which someone can become a proficient user speaks to the usability of ePro.
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Tipalti
It was very quick and easy to create multiple department approvals. It is a first time user it flowed seamlessly. I’m able to find exactly the data I need and make the work flow faster. The multiple submission detector is fantastic as some invoices are sent to multiple departments and knowing it was previously submitted, versus having to hand sort and verify duplicates of invoices, saves a lot of time
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Reliability and Availability
Oracle
No answers on this topic
Tipalti
Tipalti has always been responsive to our questions and concerns.
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Performance
Oracle
No answers on this topic
Tipalti
No issues here. Generally has been pretty fast.
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Support Rating
Oracle
No answers on this topic
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
Oracle
No answers on this topic
Tipalti
Tipalti provides great How to online guide
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Implementation Rating
Oracle
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
Oracle
Ariba is another option to look at as I understand end user interface is straight forward, given it is configured correctly. It is a SaaS offering with SAP that offers a market place with it's portal. Unfortunately I do not have much detail on Ariba but from what I've heard from colleges it is pretty nice. One draw back is the cost passed to vendors who sign up to use it to provide product and services to your business. I'm not sure if that is a must for all users but if so, I don't believe that is a good way to tread your vendors, especially if you have smaller vendors with slim margins
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Tipalti
1. Tipalti have a very good duplicate detect system which help us identified duplicate invoice. 2. Tipalti can memorized expense account, Currency type which save more time for us, and it also reduce the chance for us to make mistakes.
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Contract Terms and Pricing Model
Oracle
No answers on this topic
Tipalti
I did not make the decision to purchase this product.
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Scalability
Oracle
No answers on this topic
Tipalti
We were given the option of only one integration.
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Return on Investment
Oracle
  • I feel that it is streamlined and makes placing orders easy.
  • All connected orders to budget. Helps me keep track of spending.
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Tipalti
  • We have taken away the manual process of sending out payments via various methods (PayPal, wires, checks, ACH, etc.) ourselves and now just send the bill directly to Tipalti which handles all the payments. This saves employees' time.
  • The onboarding process is much more streamlined since Tipalti collects all of the tax form information.
  • Our clients appreciate the transparency of the processing fee costs and getting emails when payments are sent.
  • Better security for our clients as they get an email alert when there are changes to the account and sensitive information is kept secure.
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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 Combine payment methods, currencies, and entities in a single payment fileScreenshot of Offer early payments to suppliers through email or the supplier portal