Happy Tipalti User!
We use Tipalti as our automated AP invoice processing and global payments solution. All purchase invoices are received to a shared mailbox …
Starting at $129 per month
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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.
Recent Reviews
How Tipalti Differs From Its Competitors
Awards
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Popular Features
- Payment Status Tracking (46)9.191%
- Automated Accounts Payable Processes (40)8.787%
- Payment Audit Trail (40)8.686%
- Duplicate Bill Detection (41)8.080%
Reviewer Pros & Cons
Pricing
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
Features
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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 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.
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
| Consumers | 0% |
|---|---|
| Small Businesses (1-50 employees) | 40% |
| Mid-Size Companies (51-500 employees) | 50% |
| Enterprises (more than 500 employees) | 10% |
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Reviews and Ratings
(140)Attribute Ratings
Reviews
(1-25 of 53)Companies can't remove reviews or game the system. Here's why
March 29, 2024
Happy Tipalti User!
Score 10 out of 10
Vetted Review
Verified User
The time saved on invoice entry is significant as manual keying is limited. Invoices appear ready to be coded, often with many details prepopulated.
In terms of approvals, I have worked in businesses where invoices are sent out for to budget owners via email, forgotten about, and only actioned when a grumpy vendor contacts the Finance department complaining that they haven't been paid. Using Tipalti allows the invoice status to be tracked, and approvers get daily reminders to ensure they are not forgotten about. Regarding payment processing, before using Tipalti's global payments solution we used to set up all of our payments manually in the bank, which took an age both to do and to approve. Now making payments is as simple as clicking a few buttons.
In terms of approvals, I have worked in businesses where invoices are sent out for to budget owners via email, forgotten about, and only actioned when a grumpy vendor contacts the Finance department complaining that they haven't been paid. Using Tipalti allows the invoice status to be tracked, and approvers get daily reminders to ensure they are not forgotten about. Regarding payment processing, before using Tipalti's global payments solution we used to set up all of our payments manually in the bank, which took an age both to do and to approve. Now making payments is as simple as clicking a few buttons.
February 26, 2024
Tipalti- it's a lifesaver!
Our accounts payable clerk gained approximately two days each month because of the efficiency of Tipalti's system, freeing her to do more analytical work and spend more time reviewing for accuracy. Formerly, our approval system was routing invoices through email which allowed for invoice payment getting missed and overall poor organization. Now the only invoices that we miss are ones that were never sent!
January 12, 2024
Tipalti - rock solid P2P solution
We have seen significant time savings through use of Tipalti approval workflows (both PO and invoice), 3 way matching has freed up A/P team to focus on higher value work and we were able to retire FloQast ReMind (cost savings).
December 18, 2023
Tipalti was a game-changer for our organization
Score 10 out of 10
Vetted Review
Verified User
As noted earlier it has made our overall procurement process significantly more accurate and efficient, saving a lot of time and follow-ups from the accounting team.
November 01, 2023
Just do it.....just choose Tipalti, you will be glad you did !
hands down Tipalti has saved countless hours across my organizations
October 24, 2023
How Tipalti Helped us Automate AP
Adding in approval workflows has increased internal control and has eliminated a lot of back and forth figuring out who can approve what, who the second approver should be, etc.
October 18, 2023
What Tipalti can and cannot do for your company
Tipalti has made the vendor onboarding process more efficient by allowing vendors to control their own information; approval workflow process by allowing users to approve invoices from the email and the payment process more efficient by funding our clearing accounts based on our payment runs and taking out the process of manually funding our accounts.
October 16, 2023
Tipalti ACH transfer is awesome!
Saves time on processing ACH payments to our clients through integration with our software platform
We were finding that our purchase to pay cycle was taking an incredible amount of staffs time and also had some control weaknesses. By introducing Tipalti which allows us to process all invoices and then pay them, we are now only using one platform to do this rather than multiple modules in NetSuite and the bank which we found very time consuming. Tipalti also synchronises all data to NetSuite, reducing our invoice and bank matching processing time. By introducing these time savings we have been able to reduce headcount which has more than paid for the implementation of Tipalti. The director's are also happy as we now have a stronger control environment in place over the purchase to pay cycle.
October 04, 2023
Tipalti delivered it´s promise
Overall improvement in the workflow and hence time taken by all parties involved in the process. As a result, focus has been enabled to other initiatives. Improving the Accounts Payable process is no longer a focus area in our enterprise. Suppliers are, however, not using the solution directly, but indirectly by sending emails to a shared mailbox, which in turn is scanned by Tipalti.
October 04, 2023
Greatest Invoice Processing tool out there!
Score 10 out of 10
Vetted Review
Verified User
Tipalti improves efficiency in both uploading invoices, routing for approvals, and ultimately payments.
The email approvals are great tool that provides efficiency and simplicity. This allows the approver to approve in the email, vs logging into Tipalti, which is a great benefit to the end users.
Supplier onboarding is typically very easy for both myself, and the new vendors.
The bill audit has been very helpful in the sense of tracking various items. It is great that it logs every action!
The email approvals are great tool that provides efficiency and simplicity. This allows the approver to approve in the email, vs logging into Tipalti, which is a great benefit to the end users.
Supplier onboarding is typically very easy for both myself, and the new vendors.
The bill audit has been very helpful in the sense of tracking various items. It is great that it logs every action!
October 03, 2023
My experience with Tipalti
Score 10 out of 10
Vetted Review
Verified User
Approving payments to vendors is a seamless process once the account has been setup according to our needs.
Setting up additional entities for different regions is also strightforward
Setting up additional entities for different regions is also strightforward
Tipalti helped us save both time and money
October 03, 2023
My Tipalti experience
As we are a small team this allows one person to take care of all payments to global vendors.
The suppliers are also more confident in you and are happy to extend credit for you payables.
The suppliers are also more confident in you and are happy to extend credit for you payables.
October 03, 2023
Cross-border Payment
By using the Tipalti platform, it saves accounting tasks and approval workflows. It's easy to understand and track.
October 03, 2023
Highly recommend Tipalti!
Tipalti has helped us save time with recording invoice records and payment transactions and allowed more time during month-close to perform other analyses such as completeness checks. Tipalti has also helped manage approval workflows in one place, which has reduced time spent digging through emails or looking for file attachments.
September 17, 2023
Payment Process & Tipalti
Tipalti improves our payment process and also ultimately helps us to speed up our Accounting close process
Supplier onboarding is well-controlled and very efficient now, this is a huge win for time saving and peace of mind. Processing payouts is also very efficient - no more manual entry and potential fat-fingering a number.
July 03, 2023
Great for complicated coding and approvers-lists
This platform has saved us time on coding invoices because the OCR learns over time how invoices are coded. It saves staff time for approving because they don't have to log in to a separate platform. The finance team can easily re-send reminders to staff who haven't approved their invoices.
July 03, 2023
Good system to streamline the AP process
The system has automated the way we receive invoices from vendors, how we approve and how we view the dollar amounts that are being spent on different functions within the business. <br><br>The system has also helped us eliminate confusing and risky forms of communication. We previously sent many invoices via email and slack and frequently had issues of making sure it made its way to AP. This system has streamlined all of the process.
The vendor onboarding is really easy and you can still do it whilst managing segregation of duties from an internal control perspective. Detailed evidence and supporting information available to support the cash reconciliation process.
June 28, 2023
Tipalti Use case
In last few months, we have faced lot of sync issues between Tipalti and Netsuite so have not saved much time. But hope to gain efficiency as the problem resolves.
June 27, 2023
Pleased with decision to switch
In our old system, we could only send an invoice to one approver. In Tipalti, you can create your own rules and indicate what criteria must be met in order to add additional approvers. You can also select if the vendor is a Purchase Order vendor or if invoices can be processed without a Purchase Order. Instead of having to look at our Purchase Order in Excel to determine if a purchase is valid, Tipalti can check if a PO is still valid, open (in process of being approved), or closed. The PO system will also determine if it is the budget and provide details on what is left in your PO's balance. We did not have a way to easily determine if there was any balance on a PO through our previous method. Tipalti's process saves time from having to research if the PO has met its limit or not. Also, a payment cannot be released for an invoice until the vendor has met the specific criteria (payment address, payment type, and if there is a Federal ID # in the system).
May 22, 2023
Tipalti Saves Time and Money!
Tipalti is so efficient it has replaced an employee.
April 27, 2023
My Experience with Tipalti
The automation of precoding invoices has saved our department a lot of time. The fields that typically are auto-filled are the expense accounts, departments, memos, invoice numbers, date, due date, and approvers. This allows the staff in charge of processing to focus more on reviewing rather than solely on prepping.