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Tipalti

Tipalti

Starting at $129 per month
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Overview

What is Tipalti?

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.

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Learn from top reviewers

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Pricing

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Entry-level set up fee?

  • Setup fee required
For the latest information on pricing, visithttps://tipalti.com/pricing

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

Starting price (does not include set up fee)

  • $129 per month
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Features

Payment Management

Features that allow for the management of payments across various forms of finance/accounting software.

8.7
Avg 7.4

Accounts Payable

Features found in accounts payable software products

8.4
Avg 6.8
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Product Details

What is Tipalti?

Tipalti is a payables automation solution that automates all phases of the accounts payable and payments workflow in one holistic cloud platform. Tipalti is designed to make it painless for finance departments to manage their entire global payables operation by streamlining:

  • Supplier onboarding and vetting

  • Tax and regulatory compliance

  • Procurement

  • Invoice processing, 2 and 3-way PO matching, and approvals

  • Global payment remittance, allowing a range of payment methods and currencies

  • Proactive communications of supplier payment status, issue resolution, and fraud detection

  • Enterprise-grade financial controls

  • Real-time payment reconciliation

  • Integrated with any ERP and accounting system

  • Tax reporting

  • Employee expense reimbursement with spend management solution

  • Card spend with corporate physical and virtual cards.

Tipalti's value proposition includes the following:

  1. Reduce AP workload by 80% so the company can scale efficiently.

  2. Generate revenue for AP and better manage cash flow with early payments.

  3. Accelerate the financial close by 25%+ with detailed payment reconciliation reports.

  4. Strengthen financial and compliance controls to mitigate risk and increase visibility.

  5. Improve supplier relationships through a self-service payment experience.

Some of Tipalti’s customers include Amazon Twitch, Twitter, GoPro, Vimeo, and GoDaddy.

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 portalScreenshot of an early payment, that suppliers can accept and is processed that dayScreenshot of The PO matching screen, to identify and resolve mismatches between purchase orders, invoices, and receiptsScreenshot of Tipalti PO Management, for modernized purchasing operations

Tipalti Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationNo
Supported CountriesAll
Supported LanguagesArabic, Bulgarian, Chinese, Czech, Danish, Dutch, English, English (UK), Finnish, French, German, Greek, Hungarian, Italian, Japanese, Korean, Norwegian, Polish, Portuguese, Romanian, Russian, Slovak, Spanish, Swedish, Thai, Turkish, Vietnamese

Frequently Asked Questions

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.

Tipalti starts at $129.

AvidXchange, Stampli, and BILL are common alternatives for Tipalti.

Reviewers rate Electronic Funds Transfer highest, with a score of 9.3.

The most common users of Tipalti are from Mid-sized Companies (51-1,000 employees).

Tipalti Customer Size Distribution

Consumers0%
Small Businesses (1-50 employees)40%
Mid-Size Companies (51-500 employees)50%
Enterprises (more than 500 employees)10%
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Comparisons

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Reviews From Top Reviewers

(1-5 of 52)

Excellent Customer Support

Rating: 10 out of 10
November 18, 2018
Vetted Review
Verified User
Tipalti
1 year of experience
We pay numerous photographers around the world on a weekly basis. Tipalti helps coordinate these payments and helps resolve coordinating queries from individual financial institutions. The main benefit we realized with Tipalti over other payment services is the breadth of coverage on a global scale. The fees are cheaper for transfers to many countries which is one of the main benefits.
  • Whenever I have a payment related questions, I have reached out to the Support team and received a near instant response from a customer service representative. They have managed to resolve all of my issues.
  • Tipalti has a very clean user interface. Payment file uploads are easy.
  • Detailed reports are very easily exported which I directly upload into my accounting software for easy bookkeeping and reconciliations.
Cons
  • We pay numerous photographers around the world on a weekly basis. Tipalti helps coordinate these payments and helps resolve coordinating queries from individual financial institutions. The main benefit we realized with Tipalti over other payment services is the breadth of coverage on a global scale.
Tipalti is well suited for paying vendors on a large scale. The vendor manages their account and there is no work on my end whenever they want to update their account details. There is a significant increase in time spent managing vendors where they are not set up on Tipalti. This time saved is critical to managing our business and keeping vendors happy.

Excellent 3rd party payer - top notch Customer Support

Rating: 10 out of 10
August 30, 2016
Vetted Review
Verified User
Tipalti
1 year of experience
We use Tipalti to pay our developers (weekly and monthly - total of payments in the thousands monthly). Tipalti has excellently solved our problem of paying thousand of developers in countries throughout the world using various payment methods.
  • Ability to link seamlessly to company's webpage
  • Excellent Customer Support
  • Ease of use
Cons
  • It's sometimes hard to determine if a payee is indeed payable (but this seems to occur only on a seldom basis and for recipients in hard-to-pay countries)
Tipalti is excellent if you need to pay parties in countries all over the world and in different payment methods and currencies.

Excellent user friendly platform for managing payments

Rating: 9 out of 10
September 26, 2020
Vetted Review
Verified User
Tipalti
2 years of experience
Tipalti is used by our Finance and Operations departments mainly, but it is utilized for several different areas of which the most prominent is paying our customers, managing their financial details, and tax forms. It makes our work much easier that we do not have to collect, store, and manage this information internally.
  • Tipalti's platform is very user-friendly and clean.
  • Tipalti has a great customer service team.
  • It is very easy to manage payments even for someone who is not well versed in finances and accounting.
Cons
  • Many of our users struggle with the tax form, so probably it could be improved and more help could be provided.
I would highly recommend Tipalti to anyone who has to manage the payments of a large number of customers all over the world. It is extremely easy to set up and use. I would say it is well suited to anyone who meets the above requirement. I'm not sure about scenarios where it is less appropriate, but maybe for companies that only deal with a few customers.

Tipalti Makes Your Life Easier!

Rating: 10 out of 10
March 13, 2023
We utilize Tipalti in order to automate payments to our affiliates for their
referrals
  • Great UI
  • Excellent Customer Service
  • Excellent Onboarding Process
Cons
  • No issues. Very satisfied with the service.
Tipalti is a first class solution to automating your accounts payable process, especially if you have a small team
to start. The great part is that they're able to scale up with you as you grow.

Our Go-To AP Solution

Rating: 9 out of 10
September 22, 2020
Vetted Review
Verified User
Tipalti
1 year of experience
We use Tipalti as our payment solution across the whole organization. We switched over to this solution because of the real-time syncing feature it allows between our ERP, which saves the accounting department time during month-end close.
  • Real-time syncing with our ERP
  • Support response time is fairly quick
  • Easy to use with Excel
  • Great customer service
Cons
  • The ability to have more preferred payment methods per payee
  • The ability to have more than one contact per payee
  • Improving the way to search for payees and payee information
  • Some issues are recurring, like sync errors, from time to time on their end.
Tipalti does really well when you want the ability for transactions to sync to your ERP in real-time. There really is no scenario where I wouldn't recommend this solution outside of being able to help its users resolve issues. This is overall a great payment solution.
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