Item: Tipalti
Rating: 8
Author: Delia Molina

Use Cases and Deployment Scope

We use Tipalti to process all AP invoices, following a controlled process and to make payment to our vendors.

Pros and Cons

Send reminders of invoices pending approval
Very easy to use
Help the company to save time on payment processing

Have view only roles for certain depts visibility
On hold option for invoices

Return on Investment

Save time onboarding vendors
Save time making payments
AI is a great plus as increase accuracy on the data entry

We have greatly seen Tipalti has help the company to scale w/o having to worry about needed more people since the system is highly automated, follows internal controls and increases visibility on our side as well as the vendor side.

Efficiency

We currently have 10 subsidiaries and having AI to identify the correct sub has been huge to reduce manual work of correctios. There was minimal training required across the company and it help us reduce time on manual tasks and focus on other initiatives required by the company.

Alternatives Considered

NetSuite ERP

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.

Key Insights

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

Other Software Used

NetSuite ERP, Carta

Likelihood to Recommend

Tipalti has help the company to increase efficiency and accuracy as we can see in one place the invoice, approvals, payments, see and find easly to prior invoices for reference and guide. We are also saving time on the use of AI as the AP work has become as checker role more than a data entry role. The fact that we have vendor onboarded themselves into the platform and enter their data and banking information gives piece of mind the making fraudulent payment is less likely to occur.

Tipalti has help us automate AP process and reducing time and cost

Modules Used

Overall Satisfaction with Tipalti