Great AP System
September 01, 2022

Great AP System

Christina Del Aguila | TrustRadius Reviewer
Score 9 out of 10
Vetted Review
Verified User

Modules Used

  • Invoice Processing
  • Payments

Overall Satisfaction with Tipalti

We use Tipalti as our AP processing system. Tipalti has been great in streamlining the approval process with their approval emails. The payment batch is process is super user-friendly and they even validated our vendors W9s prior to releasing payment. Some issues did come from the W9 verification process from the vendor's side.

Pros

  • Invoice approval
  • W9 verification
  • Payment processing
  • Invoice coding

Cons

  • Support could be more helpful when it comes to tax validation rejections with new vendors.
  • Vendor onboarding was time consuming
  • Support could have been more helpful with vendor tax verification.
  • Implementation was fast and easy
The usability was great, we only used it for local payments, I didn’t use the international payments so can’t speak on that. The payment fees were pretty low so that was great.
Saved me a huge amount of time with invoice approvals, which is probably my favorite feature. Also was great to have all AP invoices in one place. The vendor tax verification was good as well as we weren’t doing that previously. The platform usage fees were on the lower end of other options and the payment fees were low as well.
Tipalti was more cost-effective than Bill.com. The approval process is much easier with Tipalti as well. I did not implement Bill.com so I can’t speak to that. I do remember OCR in both invoice coding and approval workplace was good.

Do you think Tipalti delivers good value for the price?

Yes

Are you happy with Tipalti's feature set?

Yes

Did Tipalti live up to sales and marketing promises?

Yes

Did implementation of Tipalti go as expected?

Yes

Would you buy Tipalti again?

Yes

Great for a company that is looking for an AP structure. The invoice approval is great and super user-friendly. No need for a login or anything just simply approve via email. The payment processing is also pretty seamless. The implementation was super quick and painless as well. The vendor verification did cause some issues, I wouldn’t recommend it for a company with a lot of vendors.

Tipalti Feature Ratings

Accounts Payable
6.5
Automated Accounts Payable Processes
7
Vendor Management
6
Tax Form Preparation
Not Rated
Payment Management
6.4
Customizable Approval Policies
8
Financial Document Management
Not Rated
Payment Status Tracking
8
Payment Audit Trail
Not Rated
Duplicate Bill Detection
2
Advanced OCR
8
Electronic Funds Transfer
6

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