TrustRadius: an HG Insights company

Save this comparison

Save this comparison

Add Product

Recommended Comparisons

    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    TallyPrime

    Score7.9 out of 10
    N/ATallyPrime is a business management software solution focusing on accounting and invoicing functionality, designed with flexibility to suit different purchase and sales processes, followed by the business. Users can share invoices, orders and more via WhatsApp directly from TallyPrime.

    $855

    one-time fee

    Tipalti

    Score7.7 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
    TallyPrimeTipalti
    Editions & Modules
    Silver
    $855
    one-time fee
    Gold
    $2,565
    one-time fee
    No answers on this topic
    Offerings
    Pricing Offerings
    TallyPrimeTipalti
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoYes
    Entry-level Setup FeeNo setup feeRequired
    Additional DetailsUsers can also rent the product for 3, 6 or. 12 month durations at a slightly higher rate.Pricing 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
    TallyPrimeTipalti
    Considered Both Products
    Tally Solutions Pvt Ltd
    No answer on this topic
    Tipalti
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    98%
    Would buy again
    94 Answers
    Delivers good value for the price
    No answers on this topic
    100%
    Delivers good value for the price
    85 Answers
    Happy with the feature set
    No answers on this topic
    98%
    Happy with the feature set
    94 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    98%
    Lived up to sales and marketing promises
    64 Answers
    Implementation went as expected
    No answers on this topic
    96%
    Implementation went as expected
    68 Answers
    Features
    TallyPrimeTipalti
    Payroll Management
    Comparison of Payroll Management features of TallyPrime and Tipalti
    Feature
    TallyPrime
    9.6
    1 Ratings
    24% above category average
    Tipalti
    -
    Ratings
    Pay calculation10.01 Ratings00 Ratings
    Benefit plan administration9.01 Ratings00 Ratings
    Direct deposit files9.01 Ratings00 Ratings
    Salary revision and increment management10.01 Ratings00 Ratings
    Reimbursement management10.01 Ratings00 Ratings
    Customization
    Comparison of Customization features of TallyPrime and Tipalti
    Feature
    TallyPrime
    10.0
    1 Ratings
    28% above category average
    Tipalti
    -
    Ratings
    API for custom integration10.01 Ratings00 Ratings
    Plug-ins10.01 Ratings00 Ratings
    Security
    Comparison of Security features of TallyPrime and Tipalti
    Feature
    TallyPrime
    10.0
    1 Ratings
    20% above category average
    Tipalti
    -
    Ratings
    Single sign-on capability10.01 Ratings00 Ratings
    Role-based user permissions10.01 Ratings00 Ratings
    Reporting & Analytics
    Comparison of Reporting & Analytics features of TallyPrime and Tipalti
    Feature
    TallyPrime
    10.0
    1 Ratings
    24% above category average
    Tipalti
    -
    Ratings
    Dashboards10.01 Ratings00 Ratings
    Standard reports10.01 Ratings00 Ratings
    Custom reports10.01 Ratings00 Ratings
    General Ledger and Configurable Accounting
    Comparison of General Ledger and Configurable Accounting features of TallyPrime and Tipalti
    Feature
    TallyPrime
    8.9
    1 Ratings
    15% above category average
    Tipalti
    -
    Ratings
    Accounts payable9.01 Ratings00 Ratings
    Accounts receivable10.01 Ratings00 Ratings
    Cash management10.01 Ratings00 Ratings
    Bank reconciliation8.01 Ratings00 Ratings
    Expense management10.01 Ratings00 Ratings
    Time tracking7.01 Ratings00 Ratings
    Fixed asset management9.01 Ratings00 Ratings
    Multi-currency support8.01 Ratings00 Ratings
    Multi-division support9.01 Ratings00 Ratings
    Regulations compliance7.01 Ratings00 Ratings
    Electronic tax filing8.01 Ratings00 Ratings
    Self-service portal9.01 Ratings00 Ratings
    Global Financial Support10.01 Ratings00 Ratings
    Primary and Secondary Ledgers10.01 Ratings00 Ratings
    Intercompany Accounting7.01 Ratings00 Ratings
    Localizations9.01 Ratings00 Ratings
    Journals and Reconciliations10.01 Ratings00 Ratings
    Enterprise Accounting10.01 Ratings00 Ratings
    Standardized Processes10.01 Ratings00 Ratings
    Inventory Management
    Comparison of Inventory Management features of TallyPrime and Tipalti
    Feature
    TallyPrime
    10.0
    1 Ratings
    31% above category average
    Tipalti
    -
    Ratings
    Inventory tracking10.01 Ratings00 Ratings
    Location management10.01 Ratings00 Ratings
    Payment Management
    Comparison of Payment Management features of TallyPrime and Tipalti
    Feature
    TallyPrime
    -
    Ratings
    Tipalti
    9.0
    64 Ratings
    16% above category average
    Customizable Approval Policies00 Ratings8.952 Ratings
    Financial Document Management00 Ratings8.749 Ratings
    Payment Status Tracking00 Ratings9.461 Ratings
    Payment Audit Trail00 Ratings9.255 Ratings
    Duplicate Bill Detection00 Ratings9.354 Ratings
    Advanced OCR00 Ratings8.346 Ratings
    Electronic Funds Transfer00 Ratings9.550 Ratings
    Accounts Payable
    Comparison of Accounts Payable features of TallyPrime and Tipalti
    Feature
    TallyPrime
    -
    Ratings
    Tipalti
    8.6
    56 Ratings
    18% above category average
    Automated Accounts Payable Processes00 Ratings8.953 Ratings
    Vendor Management00 Ratings9.153 Ratings
    Tax Form Preparation00 Ratings7.833 Ratings
    Best Alternatives
    TallyPrimeTipalti
    Small Businesses
    QuickBooks Self-Employed (discontinued)
    Score4.2 out of 10
    BILL
    Score8.2 out of 10
    Medium-sized Companies
    MYOB
    Score8.3 out of 10
    Stampli
    Score8.4 out of 10
    Enterprises
    Microsoft Dynamics GP
    Score5.4 out of 10
    Yooz
    Score8.8 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    TallyPrimeTipalti
    Likelihood to Recommend
    10.0
    (2 ratings)
    9.0
    (103 ratings)
    Likelihood to Renew
    -
    (0 ratings)
    9.1
    (4 ratings)
    Usability
    9.0
    (1 ratings)
    9.1
    (79 ratings)
    Availability
    -
    (0 ratings)
    9.1
    (1 ratings)
    Performance
    -
    (0 ratings)
    8.2
    (1 ratings)
    Support Rating
    -
    (0 ratings)
    7.3
    (14 ratings)
    Online Training
    -
    (0 ratings)
    7.3
    (2 ratings)
    Implementation Rating
    -
    (0 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
    TallyPrimeTipalti
    Likelihood to Recommend
    Tally Solutions Pvt Ltd
    When talking about the best, It suits best for accounting the day to day transaction along with reporting the summary of transaction in comparison with other accounting software like Zoho Books for instance, which we used earlier for accounting transactions. I feel TallyPrime is the leader in the industry. Regarding the less appropirate scenarios are its User interface. which needs to be carved further in future, recommended to come up with a Customized Theming option as users generally feel not so comfortable with the same colors every time. Change is generally expected to include customized vibrant colors. I'm curios watch the developments in future.
    Incentivized
    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.
    Incentivized
    Read full review
    Pros
    Tally Solutions Pvt Ltd
    • TallyPrime simplifies tax management by automatically calculating various taxes, such as GST, based on transaction data.
    • TallyPrime's payroll module handles complex payroll calculations effortlessly
    • It offers user-level access control and encryption, ensuring that sensitive financial data is protected
    Incentivized
    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
    Tally Solutions Pvt Ltd
    • TDL related automation is something that I'm very curious and TallyPrime should invest time to develop it and provide Knowledge training on it.
    • I feel the necessity to introduce the TallyPrime software access in a handheld device access or via web such that on the go transaction can be made noted in TallyPrime without resorting to Desktop environment
    • The UI should also be changed currently, whenever I sit, I use keyboard like a typewriter and that aesthetic must be modified with a feature
    • The theming feature should be introduced in the TallyPrime, earlier, in TallyERP 9, we have green color screen with some shades of green and now that they have changed that to some blue with bluish shade, I'm curious to have customized colors.
    Incentivized
    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.
    Read full review
    Likelihood to Renew
    Tally Solutions Pvt Ltd
    No answers on this topic
    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.
    Incentivized
    Read full review
    Usability
    Tally Solutions Pvt Ltd
    I use it regularly, so I feel it as best apart from the User Interface. For recording general day to day transactions, it is apt and to go far beyond given features and for customization, there is a need for the Tally expert to assess the business requirement, So I feel the rating is apt in this judgement.
    Incentivized
    Read full review
    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.
    Incentivized
    Read full review
    Reliability and Availability
    Tally Solutions Pvt Ltd
    No answers on this topic
    Tipalti
    Tipalti has always been responsive to our questions and concerns.
    Read full review
    Performance
    Tally Solutions Pvt Ltd
    No answers on this topic
    Tipalti
    No issues here. Generally has been pretty fast.
    Read full review
    Support Rating
    Tally Solutions Pvt Ltd
    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
    Incentivized
    Read full review
    Online Training
    Tally Solutions Pvt Ltd
    No answers on this topic
    Tipalti
    Tipalti provides great How to online guide
    Read full review
    Implementation Rating
    Tally Solutions Pvt Ltd
    No answers on this topic
    Tipalti
    The salesperson involved was involved in implementation which I found very helpful.
    Incentivized
    Read full review
    Alternatives Considered
    Tally Solutions Pvt Ltd
    TallyPrime often appeals to small to medium-sized businesses due to its affordability. Its strength in inventory management and tax compliance may make it a top choice for retail or business clients in regions with complex tax regulations. Real saviour when it comes to companies with production and inventory management. Thank you Team for the software.
    Incentivized
    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.
    Incentivized
    Read full review
    Contract Terms and Pricing Model
    Tally Solutions Pvt Ltd
    No answers on this topic
    Tipalti
    I did not make the decision to purchase this product.
    Read full review
    Scalability
    Tally Solutions Pvt Ltd
    No answers on this topic
    Tipalti
    We were given the option of only one integration.
    Read full review
    Return on Investment
    Tally Solutions Pvt Ltd
    • Significantly streamlined our financial operations.
    • Accounting, Inventory Management, and Tax Compliance are invaluable.
    • Real-time reporting provides crucial insights for decision-making
    Incentivized
    Read full review
    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.
    Incentivized
    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