Tipalti

4.6 (141)
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Tipalti Finance Automation For Accounts Payable, Global Payments and Procurement

About Tipalti

The only solution to automate your end-to-end payables process. Automate your full accounts payable, global partner payments and PO management processes with Tipalti and eliminate 80% of your manual workload.

Tiplati enables you to onboard suppliers, partners and freelancers with ease, streamline PO generation, accelerate approvals, eliminate invoice entry and make fast global payments to 190 countries in local currency. Also includes global tax compliance, 2 & 3 way PO matching, multi-entity support, and instant reconciliation with ERP integrations that includes NetSuite, Quickbooks, Xero and Sage Intacct.

Pricing starting from:

£99.00/month

  • Free Version
  • Free Trial
  • Subscription

Key benefits of Tipalti

  • Eliminate 80% of manual payables work with powerful finance automation that frees your finance team from inefficient tasks.

  • Enhance your payee experience by offering 6 payment methods including PayPal, BACS, Wire, Global ACH and pre-paid debit card.
  • Build a global network of partners and suppliers by automating payments to 190 countries in 120 local currencies.

  • Reduce payment errors by 66% thanks to 60,000 automated payment validation rules - saving you money and strengthening financial control.

  • Unify your global business thanks to Tipalti's unmatched multi-entity capabilities. Customise workflows, approval processes and branding per entity, while maintaining a simple consolidated view when you need it.

  • Reduce tax risk. Tipalti collects tax forms, validates form data, calculates tax withholdings, and generates end-of- reports.

  • Ensure regulatory compliance. Every payee is proactively scanned against OFAC and international blacklists to avoid payouts to suspected terrorists, those involved in money laundering, and drug traffickers.

  • Generate revenue for AP by offering early payments to suppliers. Manage your cash flow better and increase negotiating leverage without impacting your working capital.

  • Accelerate financial close 25x thanks to real-time ERP integrations and instant reconciliation - including NetSuite, Xero, Quickbooks, Sage Intacct and many more
  • Typical Customers

    • Freelancers
    • Small Businesses (2-50)
    • Mid-size Companies (51-500)
    • Large enterprises (500 and more)

    Deployment

    • Cloud-based
    • On-premise

    Countries available

    American Samoa, Argentina, Australia, Austria, Belarus and 47 others

    Supported Languages

    English, German

    Pricing starting from:

    £99.00/month

    • Free Version
    • Free Trial
    • Subscription

    Images

    Tipalti Software - With Tipalti’s world-class, self-service Supplier Hub, Suppliers can easily onboard themselves and choose their preferred payment methods and currency. Built-in vetting and validation reduce costly errors. 26,000+ rules validate payment data.
    Tipalti Software - Complete touchless invoice processing workflow with machine learning (ML) powered OCR technology that captures both the header and line-level details.
    Tipalti Software - 2-way and 3-way PO matching allow automated syncing of POs and GDRs from your ERP to Tipalti to complete the PO match flow, helping eliminate overspending and strengthen financial controls.
    Tipalti Software - Effortlessly onboard partners with a self-service, white-labeled portal, enabling faster, more accurate payee data collection and verification.
    Tipalti Software - Ensure fast, accurate mass payments to suppliers around the world – all with minimal accounts payable effort. 26,000+ built-in banking rules proactively eliminate payment errors before they happen.
    Tipalti Software - Modernize your purchasing operations with Tipalti PO Management, a powerful, easy-to-use solution that lets you streamline your PO process while gaining greater control over spending and reducing financial and compliance risk.
    Tipalti Software - Built-in KPMG-approved tax and VAT compliance features collect and validate IRS and VAT tax IDs while maintaining W-9, W-8BEN, and VAT details. At year-end, Tipalti generates 1099 / 1042-S tax preparation reports and calculates any necessary withholdings.
    Tipalti Software - Tipalti Supplier Hub provides visibility into payment status via 24x7 multi-language partner portal and proactive automatic payment status emails.
    Tipalti Software - Tipalti Detect proactively prevent fraud with detailed payee monitoring
    Tipalti Software - Tipalti Multi-FX: A built-in, easy to use, fully automated, self-service capability to convert currencies for funding Tipalti accounts. Access to Live and transparent exchange rates and track conversions status
    Tipalti Software - Tipalti’s Multi-Entity capability enables payers to manage a large number of entities within the same instance of Tipalti, enabling centralized controls and financial reporting.
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    Tipalti Software - With Tipalti’s world-class, self-service Supplier Hub, Suppliers can easily onboard themselves and choose their preferred payment methods and currency. Built-in vetting and validation reduce costly errors. 26,000+ rules validate payment data.
    Tipalti Software - Complete touchless invoice processing workflow with machine learning (ML) powered OCR technology that captures both the header and line-level details.
    Tipalti Software - 2-way and 3-way PO matching allow automated syncing of POs and GDRs from your ERP to Tipalti to complete the PO match flow, helping eliminate overspending and strengthen financial controls.
    Tipalti Software - Effortlessly onboard partners with a self-service, white-labeled portal, enabling faster, more accurate payee data collection and verification.
    Tipalti Software - Ensure fast, accurate mass payments to suppliers around the world – all with minimal accounts payable effort. 26,000+ built-in banking rules proactively eliminate payment errors before they happen.
    Tipalti Software - Modernize your purchasing operations with Tipalti PO Management, a powerful, easy-to-use solution that lets you streamline your PO process while gaining greater control over spending and reducing financial and compliance risk.
    Tipalti Software - Built-in KPMG-approved tax and VAT compliance features collect and validate IRS and VAT tax IDs while maintaining W-9, W-8BEN, and VAT details. At year-end, Tipalti generates 1099 / 1042-S tax preparation reports and calculates any necessary withholdings.
    Tipalti Software - Tipalti Supplier Hub provides visibility into payment status via 24x7 multi-language partner portal and proactive automatic payment status emails.
    Tipalti Software - Tipalti Detect proactively prevent fraud with detailed payee monitoring
    Tipalti Software - Tipalti Multi-FX: A built-in, easy to use, fully automated, self-service capability to convert currencies for funding Tipalti accounts. Access to Live and transparent exchange rates and track conversions status
    Tipalti Software - Tipalti’s Multi-Entity capability enables payers to manage a large number of entities within the same instance of Tipalti, enabling centralized controls and financial reporting.

    Features

    Total features of Tipalti: 203

    • 1099 Preparation
    • @mentions
    • ACH Payment Processing
    • AI/Machine Learning
    • AML Compliance
    • API
    • Access Controls/Permissions
    • Accounting
    • Accounting Integration
    • Accounts Payable
    • Activity Dashboard
    • Activity Monitoring
    • Activity Tracking
    • Affiliate Management
    • Agency Commission
    • Aging Tracking
    • Alerts/Escalation
    • Alerts/Notifications
    • Anomaly Detection
    • Approval Process Control
    • Audit Management
    • Audit Planning
    • Audit Trail
    • Authentication
    • Background Screening
    • Bank Reconciliation
    • Behaviour Tracking
    • Billing & Invoicing
    • Billing Portal
    • Budget Control
    • Case Management
    • Cash Flow Management
    • Cash Management
    • Categorisation/Grouping
    • Chat/Messaging
    • Check Fraud Detection
    • Check Writing
    • Client Portal
    • Collaboration Tools
    • Commission Management
    • Commission Scheduling
    • Compliance Management
    • Compliance Tracking
    • Configurable Workflow
    • Contact Database
    • Content Management
    • Content Scan
    • Contract Lifecycle Management
    • Contract/License Management
    • Controls Audit
    • Corporate Card
    • Corporate Structure Management
    • Credit Card Management
    • Currency Conversion
    • Customisable Branding
    • Customisable Reports
    • Customisable Templates
    • Customizable Fields
    • Dashboard
    • Data Capture and Transfer
    • Data Extraction
    • Data Import/Export
    • Data Management
    • Data Mapping
    • Data Security
    • Data Synchronisation
    • Data Verification
    • Debit/Credit Card Processing
    • Digital Signature
    • Discount Management
    • Document Management
    • Document Review
    • Document Storage
    • Duplicate Payment Alert
    • Dynamic Pricing
    • ERP integration
    • Electronic Funds Transfer
    • Electronic Payments
    • Electronic Signature
    • Email Reminders
    • Entity Data Management
    • Expense Claims
    • Expense Tracking
    • FACTA Red Flags
    • File Sharing
    • Financial Analysis
    • Financial Management
    • Financial Records Tracking
    • Financial Reporting
    • Financial Transaction Approval
    • Flat Commissions
    • For Hedge Funds
    • For Money Exchanges
    • For Small Businesses
    • Foreign Exchange Risks
    • Fraud Detection
    • General Ledger
    • HIPAA Compliant
    • Identity Verification
    • Investigation Management
    • Invoice Creation
    • Invoice History
    • Invoice Management
    • Invoice Processing
    • Language Detection
    • Mileage Tracking
    • Mobile Access
    • Mobile Payments
    • Mobile Receipt Upload
    • Monitoring
    • Multi Level Marketing (MLM)
    • Multi-Company
    • Multi-Currency
    • Multi-Jurisdictional
    • Multi-Language
    • Multi-Location
    • Multiple Payment Options
    • Onboarding
    • Online Invoicing
    • Online Payments
    • Order Management
    • Order Tracking
    • PCI Compliance
    • Paired Currency Comparison
    • Partial Payments
    • Payment Fraud Prevention
    • Payment Gateway Integration
    • Payment Processing
    • Percentage Commissions
    • Point of Sale (POS)
    • Policy Management
    • Position Management
    • Price Guarantee
    • Process/Workflow Automation
    • Procurement Management
    • Purchase Order Management
    • Purchase Order Reconciliation
    • Purchasing & Receiving
    • QuickBooks Integration
    • Real Time Currency Quotes
    • Real-Time Analytics
    • Real-Time Chat
    • Real-Time Data
    • Real-Time Monitoring
    • Real-Time Notifications
    • Real-Time Reporting
    • Real-Time Updates
    • Receipt Management
    • Receiving
    • Recurring Invoicing
    • Recurring Payments
    • Recurring/Subscription Billing
    • Reimbursement Management
    • Reminders
    • Remittance Management
    • Renewal Management
    • Reporting & Statistics
    • Reporting/Analytics
    • Requisition Management
    • Risk Alerts
    • Risk Analysis
    • Risk Management
    • Role-Based Permissions
    • Rules-Based Workflow
    • Search/Filter
    • Secure Data Storage
    • Secure Login
    • Self Service Portal
    • Self-Service Reporting
    • Single Sign On
    • Sliding Scale Commissions
    • Sourcing Management
    • Spend Analysis
    • Spend Control
    • Spend Management
    • Split Commissions
    • Status Tracking
    • Subsidiary Governance
    • Supplier Management
    • Supports Multiple Investors
    • Tagging
    • Tax Calculation
    • Tax Compliance
    • Tax Filing
    • Tax Forms
    • Team Collaboration
    • Text Extraction
    • Third-Party Integrations
    • Tiered Commissions
    • Time & Expense Tracking
    • Trade Confirmations
    • Transaction History
    • Transaction Management
    • Transaction Monitoring
    • Transaction Tracking
    • Transcripts/Chat History
    • Two-Factor Authentication
    • Unified Directory
    • User Management
    • Vendor Management
    • Vendor Payment
    • Watch List
    • Workflow Management

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    Stampli

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    Reviews

    Overall rating

    4.6 /5
    (141)
    Value for Money
    4.6/5
    Features
    4.5/5
    Ease of Use
    4.6/5
    Customer Support
    4.6/5

    Already have Tipalti?

    Software buyers need your help! Product reviews help the rest of us make great decisions.

    Showing 5 reviews of 141
    Liliana
    Liliana
    Overall rating
    • Industry: Marketing & Advertising
    • Company size: Self Employed
    • Used Weekly for Free Trial
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 8.0 /10

    This platform has completely transformed my affiliate payment process

    Reviewed on 15/06/2023

    Since I started using this platform to manage my affiliate payments, I have noticed a significant...

    Since I started using this platform to manage my affiliate payments, I have noticed a significant improvement in the efficiency and automation of my process.

    Pros

    What I have liked the most is its ability to automate and simplify my affiliate payments. With this platform the entire process has become much more efficient and effortless. I love how I can easily integrate my existing affiliate system like LinkTrust or HasOffers and seamlessly sync payments.

    Cons

    The initial time it takes to set up and get familiar with the platform being a complete solution for affiliate payments, it can take some time to understand all the functionalities and features available.

    Lisa
    Overall rating
    • Industry: Venture Capital & Private Equity
    • Company size: 2–10 Employees
    • Used Daily for 1-5 months
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 8.0 /10

    Software selection proves a success

    Reviewed on 17/10/2022

    Overall, we are thrilled with selecting the right product for our business case. The staff are...

    Overall, we are thrilled with selecting the right product for our business case. The staff are extremely helpful and flexible in ensuring it can meet our requirements with some tailoring as required.

    Pros

    The ability to process invoices from time of receipt to actual payment. Ability to handle multi-entity as well as handling of invoice management for a HNW individual.

    Cons

    UI not always that strong - could use some improvements in the structure of the tool and the user interface.

    Alternatives Considered

    Yokoy

    Reasons for Choosing Tipalti

    Not scalable

    Switched From

    Gmail and Airtable

    Reasons for Switching to Tipalti

    Yokoy doesn´t offer payment capabilities. Business Central just a bit heavy and not in line with our company size.
    Bronson
    Overall rating
    • Industry: Computer Software
    • Company size: 1,001–5,000 Employees
    • Used Weekly for 1+ year
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 3.0 /10

    Not a great solution combined with Teampay

    Reviewed on 23/11/2021

    Overall it started out pretty good. As volume started to pick up and required purchase orders to be...

    Overall it started out pretty good. As volume started to pick up and required purchase orders to be created through Teampay, we started seeing blatant sync/connection issues with Netsuite.

    Pros

    The software functions pretty well on it's own, and handles invoice processing and vendor payment easily.

    Cons

    We had a ton of issues with our connection between Teampay/Tipalti/Netsuite. We were sold Tipalti and Teampay as a package deal and they definitely have not lived up to the promise. Both softwares would function better on their own, but they need each other to be a full end to end procurement software.

    Alternatives Considered

    Airbase

    Reasons for Switching to Tipalti

    Tipalti was Netsuite partner of the year and seemed a bit more mature.
    Jill
    Overall rating
    • Industry: Biotechnology
    • Company size: 11–50 Employees
    • Used Daily for 6-12 months
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 10.0 /10

    International Payments Made Easy

    Reviewed on 26/05/2021

    Tipalti's implementation and support teams have been great throughout. We have realized cost...

    Tipalti's implementation and support teams have been great throughout. We have realized cost savings in both personnel costs and foreign transaction fees. Tipalti has put our finance department one step closer to our goal of operational excellence.

    Pros

    We love the user friendly interface and the ease of navigating around the system. Tipalti makes it easy to quickly view status of payments and invoices. Having one payment run for international and domestic payments reduces time and costs. It is fantastic having a completely paperless payable process!

    Cons

    The OCR feature is just Ok. There is still a thorough invoice review by our internal accounting team. I have noticed over time that it is getting smarter. During implementation, registering vendors on the software was more work than anticipated, but we appreciate the fact that electronic validation of W-9s helps minimize work for our staff now.

    Reasons for Switching to Tipalti

    International payments and was the most user friendly

    Response from Tipalti

    Hi Jill,

    Your positive and thorough review is so uplifting! Thank you for rating Tipalti a 10/10. It sounds like we have a little more to improve with the OCR technology, but also it's great to know that you're seeing improvements since you first started using Tipalti.

    We hope to continue making improvements to stay a perfect 10 for your team's workflow.

    Catina
    Overall rating
    • Industry: Investment Management
    • Company size: 51–200 Employees
    • Used Daily for 6-12 months
    • Review Source

    Overall rating

    • Value for Money
    • Ease of Use
    • Customer Support
    • Likelihood to recommend 9.0 /10

    My POINT of view...

    Reviewed on 06/11/2020

    Pros

    I like the new ACH Debit feature that allows us to save time from manually transferring funds from our bank to Tipalti. This saves us a great deal of time!
    I also appreciate being able to create unique Payee ID's.

    Cons

    One of the issues I have is when you need to cancel an approval request, you are not able to let the approver know that the request has been cancelled. I
    It would be nice to be able to add bills to a payment order that has already been scheduled.
    No option to chat with the Support team when needing to reach out to them. It appears the only way to reach them is via email.

    Showing 5 reviews of 141 Read all reviews

    Tipalti FAQs

    Below are some frequently asked questions for Tipalti.

    Tipalti offers the following pricing plans:

    • Starting from: £99.00/month View Pricing Plans
    • Pricing model: Subscription
    • Free Trial: Not Available

    Pricing starts at £99 per month for the platform fee, with advanced capabilities as you grow.

    Tipalti has the following typical customers:

    2–10, 11–50, 51–200, 201–500, 501–1,000, 1,001–5,000

    Tipalti supports the following languages:

    English, German

    Tipalti supports the following devices:

    Android (Mobile), iPhone (Mobile), iPad (Mobile)

    Tipalti integrates with the following applications:

    ALERE, Affise, BoldTrail Back Office, Brightpearl, CAKE, Dynamics 365 Business Central, Everflow, Extensiv Order Management, Genius ERP, HitPath, Infor Cloud ERP, Kinetic, LinkTrust, Microsoft 365, NetSuite, Odoo, Oracle Cloud Financials, Orion, Paladin, PayPal, QuickBooks Enterprise, QuickBooks Online, QuickBooks Online Advanced, SAP Business ByDesign, SAP Business One, SYSPRO, Sage 100, Sage 300cloud, Sage 50cloud Accounting, Sage Intacct, Sage X3, Striven, TUNE, WORKetc, Wherefour, Workday HCM, Xero

    Tipalti offers the following support options:

    Email/Help Desk, FAQs/Forum, Knowledge Base, Phone Support, 24/7 (Live rep)

    Related categories

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