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.
Learn from top reviewers
How Tipalti Differs From Its Competitors
Awards
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Pricing
Entry-level set up fee?
- Setup fee required
Offerings
- Free Trial
- Free/Freemium Version
- Premium Consulting/Integration Services
Starting price (does not include set up fee)
- $129 per month
Features
Product Details
- About
- Integrations
- Competitors
- Tech Details
- Downloadables
- FAQs
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:
Reduce AP workload by 80% so the company can scale efficiently.
Generate revenue for AP and better manage cash flow with early payments.
Accelerate the financial close by 25%+ with detailed payment reconciliation reports.
Strengthen financial and compliance controls to mitigate risk and increase visibility.
Improve supplier relationships through a self-service payment experience.
Some of Tipalti’s customers include Amazon Twitch, Twitter, GoPro, Vimeo, and GoDaddy.
Tipalti Screenshots
Tipalti Integrations
Tipalti Competitors
- AvidXchange
- Stampli
- BILL
- Payoneer
- Hyperwallet, a PayPal service
- PayPal Mass Payments
Tipalti Technical Details
Deployment Types | Software as a Service (SaaS), Cloud, or Web-Based |
---|---|
Operating Systems | Unspecified |
Mobile Application | No |
Supported Countries | All |
Supported Languages | Arabic, 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 |
Tipalti Downloadables
Frequently Asked Questions
Tipalti Customer Size Distribution
Consumers | 0% |
---|---|
Small Businesses (1-50 employees) | 40% |
Mid-Size Companies (51-500 employees) | 50% |
Enterprises (more than 500 employees) | 10% |
Comparisons
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Reviews From Top Reviewers
Tipalti delivered it´s promise
- Flexibility in trying to solve the business problem that may be specific to our location or type of business
- Pretty quick support
- Ambitions to improve the solution - there is a roadmap
Cons
- Reporting capabilities are quite limited and certainly not configurable
- Connections between screens could be improved - improvements to UI would be beneficial
- Approval via SMS
Tipalti is a must have for any organization
- Batch Payments of Hundreds of Payees
- Reduce risk of fraud by reviewing compliance
- Security of private information entered only by Payee themselves
Cons
- We currently do not have the option to pay our payees directly with the EUR currency which we hope to have resolved soon.
- A lot of difficulties in paying Canadian payees as supposed to needs their bank information entered a certain way causing a lot of rejections and increase workload for my team
- Would love to be able to have our agencies who manage multiple payees have one profile portal where they log in and see all of their payees at once
10/10 Would Recommend!
- Swift reliable accurate support Service
- Exceptional account relationships
- Very UI Friendly, easy to navigate
Cons
- More versatile payout schedules
Simplified AP Solutions
- Invoice scanning
- Automated bill approval
- Workflow notifications
- PO Matching
Cons
- Account funding transparency and reconciliation
- Customizing exportable POs
- QuickBooks Online integration
Tipalti Review
- Scanning invoices. Once you have coded 5 or more invoices for the same vendor. Tipalti will scan and auto populate the coding.
- Syncing. Tipalti Manually syncs bills that have been approved. Once a bill is approved it will be in our ERP 15 minutes after.
- Filters. There are many filters you can customize and use which will help show the bills you are looking for. When you are a large company like us and see thousands of bills, filters are crucial.
Cons
- Image swap, and image swap feature would be amazing and help save time. For example, if you have an office change and process a bill addressed to an old office and it was already approved. You could swap the image of the new invoice address to the new office instead of having to delete and reprocess the invoice.
- Sync errors, I think all sync error titles should be stated. I should never have to reach out to Tipalti support just to find out what the error is and then have to try and fix it. To me this is time consuming for no reason.
- During pay runs if the check box would be a little bit bigger or if you mis click by it then it not open the invoice. A lot of times when i am doing the pay run I will mis the box just slight and it will open the invoice. This is just a personal issue but I cant be the only one who does this