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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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Recent Reviews

Happy Tipalti User!

10 out of 10
March 29, 2024
We use Tipalti as our automated AP invoice processing and global payments solution. All purchase invoices are received to a shared mailbox …
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Cross-border Payment

9 out of 10
October 03, 2023
Incentivized
Tipalti is helpful for us to do the cross-border payments. We can send the invoice to our customers. The payment is quick. The sample of …
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Awards

Products that are considered exceptional by their customers based on a variety of criteria win TrustRadius awards. Learn more about the types of TrustRadius awards to make the best purchase decision. More about TrustRadius Awards

Popular Features

View all 10 features
  • Payment Status Tracking (46)
    9.1
    91%
  • Automated Accounts Payable Processes (40)
    8.7
    87%
  • Payment Audit Trail (40)
    8.6
    86%
  • Duplicate Bill Detection (41)
    8.0
    80%

Reviewer Pros & Cons

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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.

8.8
Avg 6.0

Accounts Payable

Features found in accounts payable software products

8.5
Avg 5.5
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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 Customizable Approval Policies and Electronic Funds Transfer highest, with a score of 9.4.

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 and Ratings

(140)

Attribute Ratings

Reviews

(1-25 of 55)
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Score 10 out of 10
Vetted Review
Verified User
AvidXchange worked well as it integrates as a Suite App within NetSuite; however, it still required payments to go out through NetSuite or through a bank directly. It has been a while since I used it so maybe that has improved but having Tipalti handle everything from onboarding through payments without any NetSuite knowledge was an advantage.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
On my second time selecting, I was not going to consider any other vendors. My bank had some arrangement with MineralTree so I was obligated to go through their process. Ultimately it came back to Tipalti's payment processing capabilities as the standout feature.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
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.
Lisa Vokes-Pierre | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Tipalti was in fact the only solution that met all our critical requirements (e2e) and supported ISK payments. Credit cards is not an available functionality outside the US, but wasn´t a critical feature for us.
Score 10 out of 10
Vetted Review
Verified User
Although I did not partake in selecting Tipalti, I will say because of my Ariba experience, Tipalti is far more end user friendly. In my experience, Ariba can be super complicated and for those that used it at my last company, they were very unhappy with it's complex environment
Score 10 out of 10
Vetted Review
Verified User
If I hadn't used Tipalti, I would have had to rely on traditional banks that don't offer the level of support that Tipalti offers.

Their integration team gave us all the tools and time we needed to complete our integration.

We don't get this level of involvement from other providers
Score 10 out of 10
Vetted Review
Verified User
Incentivized
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.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
SAP Concur did not have consistent invoice entry. Depending on who at SAP Concur entered your invoice, the vendor could be incorrect, the vendor number could be missing a digit, the amount of the invoice entered wrong, etc. We had too many issues with SAP Concur because they did not use OCR for invoice entry. Too many mistakes were caught during the invoice review process. Also, determining the stage an invoice was in was impossible to determine. You couldn't just search by invoice number one time, you had to search in all stages (invoice uploaded, invoice review, invoice processed). Another huge problem was that we used another software to make payments on the invoices. SAP Concur would fail sometimes on extracting an invoice to sync with our other software. We would not receive notification of the failure. Most times we would hear from a vendor that we did not make a payment and discover at that time that the invoice failed to sync with the system. If we reviewed the statement, we would have to check in two systems to see if it made it through both systems. With Tipalti, you only need to check with their system.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Tipalti offered more functionality that we needed for our business. Especially multi-entities and multi-currency functions that we needed. We also needed the capability for data uploads, which was a big selling point for us.
Delia Molina | TrustRadius Reviewer
Score 8 out of 10
Vetted Review
Verified User
Netsuite did not have much of the current functionality that Tipati offers such as automated payments, the approval workflow requires of additional investment and could end up being very expensive. I do not think Netsuite offers the AI functionality as Tipalti does.
Score 10 out of 10
Vetted Review
Verified User
Quick books needed too many dual permissions. Allowing confusion on which department is responsible for a payment. NetSuite was complicated and didn’t offer the fast onboarding that Tipalti offered. The lay out at Tipalti seems visually better as well. NetSuite also had issues with migrating data completely. Some attachments were cut short.
Score 8 out of 10
Vetted Review
Verified User
  • Dext Prepare (with Receipt Bank)
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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