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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    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

    Workday Adaptive Planning

    Score7.8 out of 10
    Mid-Size Companies (51-1,000 employees)
    Workday Adaptive Planning streamlines planning workflows, using AI and real-time data integration to improve collaboration and provide predictive forecasts for better strategic analysis.N/A
    Pricing
    TipaltiWorkday Adaptive Planning
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    TipaltiWorkday Adaptive Planning
    Free Trial
    NoYes
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    YesYes
    Entry-level Setup FeeRequiredOptional
    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
    TipaltiWorkday Adaptive Planning
    Considered Both Products
    Tipalti
    Chose Tipalti
    I've previously used an SAP platform for AP functionality. SAP has great reports that can be downloaded, but the function in the application can be very bulky and slow or in short a bad UI. Tipalti has an incredible UI that enables the users to make all edits right in the …
    Incentivized
    Chose Tipalti
    Tipalti works much better than MineralTree.
    Incentivized
    Workday
    No answer on this topic
    Key User Insights
    Would buy again
    98%
    Would buy again
    94 Answers
    89%
    Would buy again
    55 Answers
    Delivers good value for the price
    100%
    Delivers good value for the price
    85 Answers
    97%
    Delivers good value for the price
    56 Answers
    Happy with the feature set
    98%
    Happy with the feature set
    94 Answers
    92%
    Happy with the feature set
    57 Answers
    Lived up to sales and marketing promises
    98%
    Lived up to sales and marketing promises
    64 Answers
    88%
    Lived up to sales and marketing promises
    38 Answers
    Implementation went as expected
    96%
    Implementation went as expected
    68 Answers
    90%
    Implementation went as expected
    47 Answers
    Features
    TipaltiWorkday Adaptive Planning
    Payment Management
    Comparison of Payment Management features of Tipalti and Workday Adaptive Planning
    Feature
    Tipalti
    9.0
    64 Ratings
    17% above category average
    Workday Adaptive Planning
    -
    Ratings
    Customizable Approval Policies8.952 Ratings00 Ratings
    Financial Document Management8.749 Ratings00 Ratings
    Payment Status Tracking9.461 Ratings00 Ratings
    Payment Audit Trail9.255 Ratings00 Ratings
    Duplicate Bill Detection9.354 Ratings00 Ratings
    Advanced OCR8.346 Ratings00 Ratings
    Electronic Funds Transfer9.550 Ratings00 Ratings
    Accounts Payable
    Comparison of Accounts Payable features of Tipalti and Workday Adaptive Planning
    Feature
    Tipalti
    8.6
    56 Ratings
    18% above category average
    Workday Adaptive Planning
    -
    Ratings
    Automated Accounts Payable Processes8.953 Ratings00 Ratings
    Vendor Management9.153 Ratings00 Ratings
    Tax Form Preparation7.833 Ratings00 Ratings
    BI Standard Reporting
    Comparison of BI Standard Reporting features of Tipalti and Workday Adaptive Planning
    Feature
    Tipalti
    -
    Ratings
    Workday Adaptive Planning
    8.1
    4 Ratings
    7% above category average
    Pixel Perfect reports00 Ratings9.01 Ratings
    Customizable dashboards00 Ratings7.34 Ratings
    Report Formatting Templates00 Ratings8.04 Ratings
    Ad-hoc Reporting
    Comparison of Ad-hoc Reporting features of Tipalti and Workday Adaptive Planning
    Feature
    Tipalti
    -
    Ratings
    Workday Adaptive Planning
    8.1
    4 Ratings
    5% above category average
    Drill-down analysis00 Ratings8.34 Ratings
    Formatting capabilities00 Ratings7.74 Ratings
    Integration with R or other statistical packages00 Ratings8.01 Ratings
    Report sharing and collaboration00 Ratings8.34 Ratings
    Report Output and Scheduling
    Comparison of Report Output and Scheduling features of Tipalti and Workday Adaptive Planning
    Feature
    Tipalti
    -
    Ratings
    Workday Adaptive Planning
    8.0
    1 Ratings
    1% above category average
    Publish to PDF00 Ratings8.01 Ratings
    Report Versioning00 Ratings8.01 Ratings
    Report Delivery Scheduling00 Ratings8.01 Ratings
    Data Discovery and Visualization
    Comparison of Data Discovery and Visualization features of Tipalti and Workday Adaptive Planning
    Feature
    Tipalti
    -
    Ratings
    Workday Adaptive Planning
    7.7
    1 Ratings
    5% above category average
    Pre-built visualization formats (heatmaps, scatter plots etc.)00 Ratings7.01 Ratings
    Location Analytics / Geographic Visualization00 Ratings8.01 Ratings
    Predictive Analytics00 Ratings8.01 Ratings
    Access Control and Security
    Comparison of Access Control and Security features of Tipalti and Workday Adaptive Planning
    Feature
    Tipalti
    -
    Ratings
    Workday Adaptive Planning
    8.5
    4 Ratings
    1% above category average
    Multi-User Support (named login)00 Ratings7.74 Ratings
    Role-Based Security Model00 Ratings8.74 Ratings
    Multiple Access Permission Levels (Create, Read, Delete)00 Ratings8.34 Ratings
    Report-Level Access Control00 Ratings9.03 Ratings
    Single Sign-On (SSO)00 Ratings9.03 Ratings
    Mobile Capabilities
    Comparison of Mobile Capabilities features of Tipalti and Workday Adaptive Planning
    Feature
    Tipalti
    -
    Ratings
    Workday Adaptive Planning
    7.5
    5 Ratings
    2% above category average
    Responsive Design for Web Access00 Ratings7.05 Ratings
    Mobile Application00 Ratings7.03 Ratings
    Dashboard / Report / Visualization Interactivity on Mobile00 Ratings8.03 Ratings
    Budgeting, Planning, and Forecasting
    Comparison of Budgeting, Planning, and Forecasting features of Tipalti and Workday Adaptive Planning
    Feature
    Tipalti
    -
    Ratings
    Workday Adaptive Planning
    7.8
    196 Ratings
    3% below category average
    Long-term financial planning00 Ratings7.8182 Ratings
    Financial budgeting00 Ratings8.6193 Ratings
    Forecasting00 Ratings8.0188 Ratings
    Scenario modeling00 Ratings7.0177 Ratings
    Management reporting00 Ratings7.7193 Ratings
    Consolidation and Close
    Comparison of Consolidation and Close features of Tipalti and Workday Adaptive Planning
    Feature
    Tipalti
    -
    Ratings
    Workday Adaptive Planning
    7.5
    161 Ratings
    4% below category average
    Financial data consolidation00 Ratings8.0121 Ratings
    Journal entries and reports00 Ratings7.782 Ratings
    Multi-currency management00 Ratings7.995 Ratings
    Intercompany Eliminations00 Ratings7.273 Ratings
    Minority Ownership00 Ratings7.843 Ratings
    Local and consolidated reporting00 Ratings6.6108 Ratings
    Detailed Audit Trails00 Ratings7.6134 Ratings
    Financial Reporting and Compliance
    Comparison of Financial Reporting and Compliance features of Tipalti and Workday Adaptive Planning
    Feature
    Tipalti
    -
    Ratings
    Workday Adaptive Planning
    8.0
    184 Ratings
    2% below category average
    Financial Statement Reporting00 Ratings8.3162 Ratings
    Management Reporting00 Ratings8.8177 Ratings
    Excel-based Reporting00 Ratings7.4177 Ratings
    Automated board and financial reporting00 Ratings8.1154 Ratings
    XBRL support for regulatory filing00 Ratings7.733 Ratings
    Analytics and Reporting
    Comparison of Analytics and Reporting features of Tipalti and Workday Adaptive Planning
    Feature
    Tipalti
    -
    Ratings
    Workday Adaptive Planning
    7.6
    153 Ratings
    1% above category average
    Personalized dashboards00 Ratings8.0135 Ratings
    Color-coded scorecards00 Ratings7.7112 Ratings
    KPIs00 Ratings7.1126 Ratings
    Cost and profitability analysis00 Ratings6.8127 Ratings
    Key Performance Indicator setting00 Ratings8.1109 Ratings
    Benchmarking with external data00 Ratings8.076 Ratings
    Integration
    Comparison of Integration features of Tipalti and Workday Adaptive Planning
    Feature
    Tipalti
    -
    Ratings
    Workday Adaptive Planning
    7.1
    174 Ratings
    13% below category average
    Flat file integration00 Ratings6.8137 Ratings
    Excel data integration00 Ratings8.2167 Ratings
    Direct links to 3rd-party data sources00 Ratings6.5124 Ratings
    Best Alternatives
    TipaltiWorkday Adaptive Planning
    Small Businesses
    BILL
    Score8.2 out of 10
    No answers on this topic
    Medium-sized Companies
    Stampli
    Score8.4 out of 10
    IBM Planning Analytics
    Score8.5 out of 10
    Enterprises
    Yooz
    Score8.8 out of 10
    Oracle Fusion Cloud Enterprise Performance Management
    Score7.2 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    TipaltiWorkday Adaptive Planning
    Likelihood to Recommend
    9.0
    (103 ratings)
    7.3
    (225 ratings)
    Likelihood to Renew
    9.1
    (4 ratings)
    10.0
    (46 ratings)
    Usability
    9.1
    (79 ratings)
    7.2
    (131 ratings)
    Availability
    9.1
    (1 ratings)
    9.0
    (12 ratings)
    Performance
    8.2
    (1 ratings)
    9.0
    (6 ratings)
    Support Rating
    7.3
    (14 ratings)
    8.2
    (34 ratings)
    In-Person Training
    -
    (0 ratings)
    8.2
    (2 ratings)
    Online Training
    7.3
    (2 ratings)
    7.3
    (9 ratings)
    Implementation Rating
    7.3
    (3 ratings)
    8.6
    (27 ratings)
    Configurability
    7.3
    (2 ratings)
    8.2
    (5 ratings)
    Contract Terms and Pricing Model
    -
    (0 ratings)
    7.3
    (1 ratings)
    Data Sharing and Collaboration
    -
    (0 ratings)
    7.5
    (17 ratings)
    Data Sources
    -
    (0 ratings)
    7.6
    (17 ratings)
    Ease of integration
    6.4
    (1 ratings)
    7.3
    (8 ratings)
    Product Scalability
    6.4
    (1 ratings)
    8.2
    (12 ratings)
    Professional Services
    -
    (0 ratings)
    8.2
    (1 ratings)
    Vendor post-sale
    8.2
    (1 ratings)
    8.2
    (4 ratings)
    Vendor pre-sale
    8.2
    (1 ratings)
    6.4
    (4 ratings)
    User Testimonials
    TipaltiWorkday Adaptive Planning
    Likelihood to Recommend
    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
    Workday
    It's well suited to any business where you have defined inputs, a layer of structured calculations and a defined output. In other words, any business situation! We use it in a law firm setting where it enables us to import staff plans, assign targets to each individual, thereby generating a revenue forecast linked to business capacity. From there, global assumptions determine staff and direct costs, with the user overlaying discretionary costs to arrive at a final P&L forecast. This is then summarised using the reporting and dashboarding layer to provide outputs to senior leaders for sign off.
    Incentivized
    Read full review
    Pros
    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
    Workday
    • It helps create dynamic plans for finances, operations and various functional units in an organization all under one platform
    • It helps in scenario modeling to help analyze various business events and report by any number of business dimensions including channel, customer or product
    • It can be integrated with any system including ERP, BI or CRM
    Incentivized
    Read full review
    Cons
    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
    Workday
    • Budgeting either isn't included or an extra fee.
    • Expense reporting aspects are repetitive and hard to fully optimize.
    • Finance tracking is limited to basic reports with multiple levels or drill-down...hard to fully grasp without exporting data and massaging in something else (like Excel).
    Incentivized
    Read full review
    Likelihood to Renew
    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
    Workday
    For one we're in way too deep to not move forward with Adaptive. We're integrated with Workday, we do a ton of reporting with Adaptive, and it's working very well for planning and forecasting. No reason to look back or change course.
    Read full review
    Usability
    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
    Workday
    It is an easy transition for Excel users, with more built-in analytical tools and no need to build formulas. It also has built-in reporting and integration with Microsoft Office products such as Excel and PowerPoint. For non-Finance users, there's an initial learning curve to get used to the tool.
    Incentivized
    Read full review
    Reliability and Availability
    Tipalti
    Tipalti has always been responsive to our questions and concerns.
    Read full review
    Workday
    There haven't been any lately. The only one issue I can think of is when there was an update in Adaptive that altered our reports. Before I realized there was an issue, Adaptive reached out to let me know, so that it could be fixed.
    Read full review
    Performance
    Tipalti
    No issues here. Generally has been pretty fast.
    Read full review
    Workday
    All aspects of Adaptive Insights perform well. One area that I wish was quicker was integration. When importing data from Intacct our accounting ERP platform, it can sometimes take 4 hours for the import to process. The earlier imports are done, the quicker they complete. My estimate for a quick upload is about two hours.
    Read full review
    Support Rating
    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
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    Workday
    Whenever we have had any questions, issues, or concerns, the support has been quick and thorough. [This] allow[s] us to be able to fully resolve any issues, or be connected with the right group quickly to attain the result we were after; be it from simple formatting to adding new detailed reporting.
    Incentivized
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    In-Person Training
    Tipalti
    No answers on this topic
    Workday
    This was extremely helpful so that they could walk you through the model and teach you more about the complexity of various areas. It is most helpful when it is specific to your organization's model. The larger in-person trainings were helpful but they tended to be more generic and entry level. The trainings that are more tailored to your specific needs are the most helpful.
    Incentivized
    Read full review
    Online Training
    Tipalti
    Tipalti provides great How to online guide
    Read full review
    Workday
    They often times tended to be way too generic or entry level. They would also become sales pitches to upgrade or get new Adaptive Planning products. The questions in the training would be very niche and specific to other organizations. They were rarely helpful to the group at large.
    Incentivized
    Read full review
    Implementation Rating
    Tipalti
    The salesperson involved was involved in implementation which I found very helpful.
    Incentivized
    Read full review
    Workday
    Trust the expertise of very strong 3rd party implementers. Having deployed Adaptive at a separate company before, I thought I knew it all (hubris, I know). Fortunately, I began to (very quickly) trust the judgment of our Carlson implementation team, and they provided invaluable insights and best-in-class processes that have benefitted me and my team greatly.
    Incentivized
    Read full review
    Alternatives Considered
    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
    Workday
    Workday became our choice because it is fully web-based and easily integrates with other systems. The learning curve for Workday was shorter than that of Dynamics. The reporting tools in Workday are more user-friendly than that of Dynamics. However Workday did not have Check Printing tools which are available in Dynamics. The organization started a project to digitize all financial transactions so it was not a priority feature. When it comes to scaling up the functionalities of Workday it was much easier than Dynamics.
    Incentivized
    Read full review
    Contract Terms and Pricing Model
    Tipalti
    I did not make the decision to purchase this product.
    Read full review
    Workday
    Good read only seat access
    Incentivized
    Read full review
    Scalability
    Tipalti
    We were given the option of only one integration.
    Read full review
    Workday
    We went from 2 users to 70+ users over a 2 year period of time. The application scaled wonderfully. 65 of those users were non-finance users so they were able to quickly learn the software and prepare budgets quickly and efficiently. That is the power of Adaptive and its ability to scale
    Read full review
    Professional Services
    Tipalti
    No answers on this topic
    Workday
    This is now available in house at Workday which is convenient.
    Incentivized
    Read full review
    Return on Investment
    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
    Workday
    • It's facilitated a better financial literacy and management by the non-financial managers in the company, giving them a much better ability to see what they're spending, control it, and plan better in the future.
    • It's hard to quantify the ease of model and version management, but we could never do what we're doing now with our current staff. It would take a small army to replicate anything close to what Adaptive pulls off using Excel, if it's even possible.
    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

    Workday Adaptive Planning Screenshots

    Screenshot of Workday Adaptive Planning AI Predictive ForecasterScreenshot of Workday Adaptive Planning AI AssistantScreenshot of Workday Adaptive Planning DashboardScreenshot of Workday Adaptive Planning Financial Planning DashboardScreenshot of Workday Adaptive Planning Financial Variance AnalysisScreenshot of Workday Adaptive Planning Process and Workflow Management