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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 63)
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March 29, 2024

Happy Tipalti User!

Score 10 out of 10
Vetted Review
Verified User
The user interface is clear and intuitive. The search function is powerful and allows us to immediately bring up a list of invoices by vendor, date, department or dozens of other filters. The audit trail is really helpful and allows us to follow the journey an invoice has been on. The onboarding of both vendors and new internal users is fast and straightforward. Overall I think usability is one of Tipalti's strongest points.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Tipalti is easy to use- we were able to implement it within a few days of signing the contract, we trained our approvers with an email, and our vendors found the onboarding easy and straightforward. At year end, the reporting for 1099 preparation was exactly what our tax accountant needed.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
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.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Our company is in a better place due to automation Tipalti provides for both Accounts Payable and Global Partner Payments. It's a system that keeps evolving and there are new updates being released on an ongoing basis that further helps streamline AP and payments processing.
Score 7 out of 10
Vetted Review
Verified User
Incentivized
Overall I think Tipalti is quite usable and has really nice features that work well and benefit our company, but there are definitely improvements that could be made, such as stability of the product, adding a more robust search function, reducing the number of pages the user has to click through to get information (such as payment information), fund the clearing accounts more quickly (currently a four day process), provide more concise remittance advice to our vendors (such as a pdf or xlsx file) and improving reporting capabilities.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
The system is incredibly easy to use, with most tasks being completed in a small number of clicks. The user interface is very user intuitive and can be navigated very easily. Multiple payments can be made instantaneously and as the vendors manage their payable account we are able to ensure that payments are being sent to the right account. The advanced functionality for duplicate invoices ensures that we are not processing bills twice and we have found that in 100% of cases it has identified a duplicate bill.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Payment processing and funding is very easy. We have never had any hiccups with this process. Additionally, having payments sync directly into our ERP has been a huge time saver. There is a small handful of payment transactions (3-4) that encounter sync errors and do not properly sync into our ERP each month. However, Tipalti has a sync error log and also generates a unique payment batch identifier that helps easily detect which transactions did not sync over.
Alison Kubinski | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Generally, Tipalti is easy to set up and use. There are some processes that require an extra click or two, especially for small companies with lean teams, but the controls and efficiencies around vendor onboarding and global payouts definitely make up for it.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Tipalti is very user-friendly for accounting staff. It is easy to navigate and add information to invoices. It is easy to keep track of vendors and set up their payment statuses, although it can be time consuming for vendors who don't want to keep their payment info updated. It is easy for approvers to review and approve invoices.
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Very easy to use. Would enjoy a couple additional features: 1) better search function to find details contained within the PDF/Invoices. 2) being able to download the PDF after approval from within the portal.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
The automation of the Accounts Payable and Payments workflows have been very helpful for scalability and efficiency. The only issues I have seen on the AP workflows have been around retracting invoices after they sync with our ERP and resubmitting. This usually causes sync errors due to duplicate invoice numbers. And on the payments side, there does not seem to be the ability to retract a batched payment that has been sent for approval. The approvers must reject it.
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