Tipalti AP Automation Overview

What is Tipalti AP Automation?

Tipalti currently serves more than 3 million suppliers and processes over $5 billion annually in international bank transfer remittance. Customers include Amazon Twitch, Google, GoPro, Zumba, Twitter, Nikon, DreamWorks, Vimeo, and GoDaddy.

Tipalti automates the entire global payables operation, making it easy to pay suppliers anywhere in the world in different currencies and payment methods while eliminating 80% of the workload spent managing accounts payable processes. Reduce tax, regulatory, and financial control risk, accelerate your financial close with real-time payment reconciliation, generate revenue with early payments, and improve supplier relationships with Tipalti.

Tipalti AP Automation Overview

Pricing

Starting from
N/A

Pricing options

Free Trial
Subscription
Value for money

Please contact us for pricing information.


Tipalti AP Automation Features

Devices
Business size
S M L
Markets
Asia, Australia, Brazil, Canada, China and 5 others, Europe, Germany, India, Japan, Latin America
Supported Languages
Chinese (Simplified), Dutch, English, French, German and 6 others, Italian, Japanese, Korean, Portuguese, Russian, Spanish

Screenshots

Tipalti AP Automation screenshot: Tipalti customer Tapjoy embeds the advertiser onboarding flow directly in their website with the iFrame
Tipalti AP Automation screenshot: Tipalti customer Tapjoy embeds the advertiser onboarding flow directly in their website with the iFrame Tipalti AP Automation screenshot: Supplier Portal with real-time payment data validation during onboarding Tipalti AP Automation screenshot: Tipalti customer MoPub W-8BEN-E form in an iFrame embedded on their website Tipalti AP Automation screenshot: The payee's W9 form is built in to the payment experience with Tipalti Tipalti AP Automation screenshot: Upload invoices via email or the supplier portal, OCR scans the invoice, AI engine applies approver sequence, and manual review gets you to 100% invoice completeness and accuracy Tipalti AP Automation screenshot: Currencies, payment methods, and entities can be combined in a single payment instruction file Tipalti AP Automation screenshot: Extend early payments to suppliers easily via email Tipalti AP Automation screenshot: Once a supplier views an early payment offer through email or the supplier portal, they can easily accept and see the net payment amount Tipalti AP Automation screenshot: Easily identify and resolve mismatches with our intuitive Matching Exception screen

Tipalti AP Automation Reviews for UK Users

Tipalti AP Automation Reviews for UK Users

Overall rating
4.7
/
5
Excellent
33

Very good
17

Average
0

Poor
0

Terrible
0

Value for Money
4.6
Features
4.6
Ease of Use
4.5
Customer Support
4.8
100% recommended this app
Steven G.

Great Payment Solution

We have a very complicated payout setup that used to take up to 5 days per month to complete. After integrating with Tipalti we've been able to reduce that to 1 day a month and significantly increase the accuracy and timeliness of payouts. The functionality provided relative to the cost is a steal. While we'd love to see more customization, they're working hard to release new features and we've been very pleased with the relationship so far.


Valter B.

Tipalti as a pristine gateway

Overall, the software and business is exceeding expectations and can be a value to any company in e-commerce or other financial obligation settlement needs.


Angela S.

Sales + Marketing


David M.

Great Product & Service

using tipalti has solved the administrative burden of managing payees and their payment info, allows for easy process of payments, additional users (account managers) have access and can easily understand and provide support to payees (including information on payments - paid or pending) without needing to connect account managers to company's accounting software (which is more complicated to use)


Diana S.

Great tool to make multiple payments


Steven G.
Industry: Internet
Company size: 51-200 Employees

Great Payment Solution

Used Daily for 6-12 months
Reviewed on 30/08/2016
Review Source: GetApp

We have a very complicated payout setup that used to take up to 5 days per month to complete. After integrating with Tipalti we've been able to reduce that to 1 day a month and significantly increase the accuracy and timeliness of payouts. The functionality provided relative to the cost is a steal. While we'd love to see more customization, they're working hard to release new features and we've been very pleased with the relationship so far.

Pros

-Fairly easy to setup and integrate
-Affordable
-Good customer support
-Visibility for vendors

Cons

-Could allow for more customization
-UI is a little antiquated but works

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 9.0/10

Valter B.
Industry: Entertainment
Company size: 13-50 Employees

Tipalti as a pristine gateway

Used Weekly for 1+ year
Reviewed on 23/04/2020
Review Source: Capterra

Overall, the software and business is exceeding expectations and can be a value to any company in e-commerce or other financial obligation settlement needs.

Pros

The streamlined and ergonomic interface, together with global reach and end-user CRMs, make the payment obligations such an easy task, it's pratically effortless.

Cons

Ocassional payments stuck with less calrity on the reasoning.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 9.0/10

Angela S.
Industry: Internet
Company size: 13-50 Employees

Sales + Marketing

Used Daily for 1+ year
Reviewed on 06/09/2018
Review Source: GetApp

Pros

It's a great safe system. Seamless for the most part. Our clients who are 13+ easily understand the system and are able to set it up for themselves.

Cons

The biggest con is the application verification doesn't work. It takes forever for the verification to come and sometimes it never does come.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 7.0/10

David M.
Industry: Internet
Company size: 13-50 Employees

Great Product & Service

Used Daily for 2+ years
Reviewed on 23/04/2020
Review Source: Capterra

using tipalti has solved the administrative burden of managing payees and their payment info, allows for easy process of payments, additional users (account managers) have access and can easily understand and provide support to payees (including information on payments - paid or pending) without needing to connect account managers to company's accounting software (which is more complicated to use)

Pros

ease of use, manages supplier payments in logical and comprehensive way - allowing to see current status and allows for payment planning, streamlines invoice approval process for payees, reduces significantly administrative effort to manage payee bank info (and tax-related docs), simple and easy process to issue payments

Cons

some additional flexibility on managing customization of payments and ability to see in single view the unpaid balance of payees

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 10.0/10

Diana S.
Industry: Marketing & Advertising
Company size: 2-10 Employees

Great tool to make multiple payments

Used Daily for 1-5 months
Reviewed on 06/12/2018
Review Source: GetApp

Pros

I've used Tipalti for the last three months. It's straightforward to manage and has allowed me to pay hundreds of new contractors located in different part of the world allowing them to choose between multiple payments methods for a reasonable fee. I love that contractors can create their own account by filling out their personal, tax and bank information, I can customize the app for them to receive notifications of the status of their payments. The invoice feature is one of the most valuable to me and has allowed me to streamline the process. Customer support is excellent.

Cons

The only problems I have is that fee contractors needed to make several attempts to sign in and register in the platform for the first time; also the system does not prevent them from uploading the same invoice more than once. I would like to have the feature to create contractors massively; customer support helps me with this.

Rating breakdown

Value for Money
Ease of Use
Customer Support

Likelihood to recommend: 8.0/10

User recommendation
9.1/10
Based on 50 user ratings
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Tipalti AP Automation Pricing

Tipalti AP Automation Pricing

Starting from
N/A
Free Trial
Subscription
Value for money

Please contact us for pricing information.

Please contact us for pricing information.

Value for Money
4.6/5
Based on 50 user ratings
Compare value for money rating with alternatives
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Tipalti AP Automation Features

Tipalti AP Automation Features

API
Accounting Integration
Accounting Management
Activity Dashboard
Audit Trail
Automatic Notifications
Billing & Invoicing
Compliance Management
Customisable Reporting
Data Import/Export
Electronic Payments
Expense Tracking
Invoice Management
Invoice Processing
Multi-Currency
Real Time Data
Real Time Reporting
Reporting & Statistics
Third Party Integration
Workflow Management
Features
4.6/5
Based on 50 user ratings
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Categories

Video Tutorials

Video Tutorials

Additional information for Tipalti AP Automation

Additional information for Tipalti AP Automation

Key features of Tipalti AP Automation

  • 1099/1042-S Tax Prep Reporting & Withholdings Calculations
  • Affiliate payments processing
  • Customer & vendor payment processing
  • ERP Integration
  • Early Payments
  • Global Remittance - 190 Countries, 120 Currencies
  • Invoice Processing, PO Matching, & Approvals
  • Local/VAT Tax ID Collection & Validation
  • Online payment solutions for pay-out processing
  • Payment Methods: ACH, Wire, Prepaid Debit, PayPal, Check
  • Payment Reconciliation & AP Reporting
  • Performance Tracking Integration
  • Proactive OFAC & Other Sanctions Screening
  • Proactive Payment Status Communications
  • Self-Service Supplier Onboarding & Management
  • W-8/W-9 Tax Form Capture & Validation

Benefits

  • Wipe out 80%+ of manual accounts payable operational processes, including supplier onboarding, invoice processing with PO matching, tax compliance, global payments, supplier payment status communications, and payment reconciliation with your ERP system.

  • Reduce tax risk. Tipalti collects W-9/W-8 tax forms, validates form data, calculates tax withholdings, and generates end-of-year 1099 and 1042-S tax prep reports, which can be used for e-Filings powered by Sovos. For international payers, Tipalti collects and validates the local tax/VAT ID in 50 countries.

  • Assist with 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.

  • Strengthen financial controls with built-in audit logs, signatory rights, role-based privileges, and robust workflow approvals.

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

  • Enhance your supplier payment experience by offering a broad range of global payment method and currency selection, and by improving payment accuracy and timeliness.

  • GetApp Analysis

    GetApp Analysis

    Tipalti is a world payment system that helps companies reduce the time needed to complete huge numbers of complicated payments to suppliers globally. It takes care of the international money transfer details that differentiate throughout the world, automating the processes associated with vendor, customer and affiliate payments on a global level, letting businesses focus their resources on other areas.

    The software is suitable for use by companies that deal with multiple global partners and suppliers and therefore need to offer secure payment solutions to their partners around the globe. It is ideal for large enterprises with offices and services fragmented into multiple locations, and any business in charge of mass pay-out operations that is overwhelmed by the excessive manual effort required to keep up with payment processing, tax form collection and compliance, payment reconciliation reporting, and so forth.

    Tipalti handles multiple currency conversions, international money transfer, payment processing, gathers all required tax forms, integrates with all international compliance regulations so that payees are kept in compliance with OFAC, prevents money-laundering, provides sophisticated payment fraud prevention tools, and serves as a platform for communication and resolution in the case of global payment issues. Its integrated reports system ensures that finance departments can get a detailed picture of the international payments activities broken down by payment method and supplier for a given time period.

    Filling a W9 form with Tipalti.

    What is Tipalti AP Automation?

    The main purpose of Tipalti is to free up company resources that were previously struggling to cope with mass payments across the world. In addition to that, Tipalti handles tax, regulatory compliance, and fraud risk while raising the overall partner experience with faster international payments, less transaction errors, more diverse payment methods and currency options, and more streamlined communication.

    Tipalti can help finance departments to easily get through time-consuming tasks such as international bank transfer, collecting necessary payment info by country, utilizing different location-based payment methods, collecting and sharing of tax forms, preparing 1099s, and performing payment reconciliation and reporting.

    Payment details.

    Tipalti AP Automation Main Features

    Tax and regulatory compliance

    Partner tax form collection is a time-consuming hassle and a regulatory concern with risk of fines and other punishment. Tipalti eases those worries by collecting all tax documentation directly within its payment system, making this information instantly available to the payer whenever needed. All necessary tax information is compiled in built-in 1099 reports.

    Tipalti’s world payment system include a built-in database that covers over 190+ countries that is constantly updated so that payers are always up to date with constant changes to national tax laws and regulations across the world. Ongoing in-house IT payment system upgrades and maintenance costs are eliminated.

    Details regarding Israeli regulations showing above the form.

    Payment currency and method selection for global payment

    With Tipalti’s global payment system, companies no longer need to restrict the countries they have partners in, nor do they need to limit the payment methods and currencies they offer to those global partners and suppliers. Each country has very different payment regulations, so performing payments throughout the world demands serious amounts of time and energy to gather all the required information and avoid payment transaction issues.

    With Tipalti, partners can select which international currency they want to get paid in, saving them time spent converting their payments to the local currency and unneeded bank fees. This makes their collaboration and experience with a partner company of the highest quality.

    Tipalti’s payment processor also allows partners to choose the payment method they want to use based on their location of interest. Particular payment methods are preferred in different countries and each payment method has different information collection requirements by country so this capability provides both a better partner payment experience while minimizing the risk of payment processing errors on behalf of the payer. Supported payment methods are ACH, International ACH, eCheck, Wire Transfer, PayPal, Paper Check, Prepaid Card and Cash (via Western Union).

    Choosing a payment method on Tipalti.

    Payment issue resolution

    Where financial transactions are performed, there must be solid and clear communication. Tipalti automatically handle the communication of payment issues directly with payees to collect missing information, or to resolve payment disputes, while automatically providing all notifications to the paying company. This saves the payer time from having to directly deal with these types of payment dispute communications and ensures there are no unnecessary delays in transactions.

    Fraud protection

    Tipalti’s secure payment solutions prevent fraudulent behavior by automatically checking payee records against US and international blacklists (OFAC) to avoid payouts to suspected terrorists, money launderers, and drug traffickers.

    Despite payees that have previously passed these tests, they are checked again during every payment cycle according to the US government data and Specially Designated Nationals lists being updated on a weekly basis. These built-in fraud control features remove legal and financial risk. The application can even suspend or block payees and freeze their payment process.

    Payment reporting

    Tipalti’s online payment solutions include an integrated reporting system offers the payer and payee full visibility of the payment process and status of each payment, while payment reconciliation and 1099 reporting significantly streamlines the close period reporting process.

    Users can access reports through the application’s main dashboard, or get them delivered via email, API calls, daily FTP file updates and IPN. These reports can be used to aggregate all economical data into weekly, monthly or annual reports.

    Tipalti AP Automation Integrations

    As Tipalti is utilized by many affiliate and advertising network companies, it is important to be able to track the performance and traffic generation impact of each affiliate or partner, and to pay individuals accordingly. To cover this need, Tipalti integrates well with the CAKE digital marketing analytics software.

    Tipalti can also integrate with HasOffers performance marketing analytics software, the popular QuickBooks finance and accounting software and the Netsuite ERP system. The API of the application integrates with a payer’s partner website for payee registration, payment method and currency selection and tax form collection through Tipalti’s iFrame system.

    Tipalti AP Automation Pricing

    Tipalti costs $750 per month plus a flat per transaction fee that vary according to the payment method that the payee chooses. Because of the nature of the service, there is no trial version available.

    The software only comes in one standard version with the fixed aforementioned price and supports unlimited number of transactions, payees, suppliers, partners, collaborators, users and countries.

    Tipalti AP Automation Bottom Line

    • Easy, fast and secure world payment system
    • Affiliate program management and affiliate payments, publisher payment, and vendor payment
    • Fraud protection during international money transfer
    • Tax and regulatory compliance management for global payment
    • Multi-national transactions for international bank transfer
    • Up to 50% less labor costs and 25% less direct payment costs

    Tipalti AP Automation FAQs

    Tipalti AP Automation FAQs

    Below are some frequently asked questions for Tipalti AP Automation.

    Q. What type of pricing plans does Tipalti AP Automation offer?

    Tipalti AP Automation offers the following pricing plans:

    Pricing model: Subscription

    Free Trial: Not Available

    Please contact us for pricing information.

    Q. What are the main features of Tipalti AP Automation?

    Tipalti AP Automation offers the following features:

    • 1099/1042-S Tax Prep Reporting & Withholdings Calculations
    • Affiliate payments processing
    • Customer & vendor payment processing
    • ERP Integration
    • Early Payments
    • Global Remittance - 190 Countries, 120 Currencies
    • Invoice Processing, PO Matching, & Approvals
    • Local/VAT Tax ID Collection & Validation
    • Online payment solutions for pay-out processing
    • Payment Methods: ACH, Wire, Prepaid Debit, PayPal, Check
    • Payment Reconciliation & AP Reporting
    • Performance Tracking Integration
    • Proactive OFAC & Other Sanctions Screening
    • Proactive Payment Status Communications
    • Self-Service Supplier Onboarding & Management
    • W-8/W-9 Tax Form Capture & Validation

    Q. Who are the typical users of Tipalti AP Automation?

    Tipalti AP Automation has the following typical customers:

    Freelancers, Large Enterprises, Mid Size Business, Small Business

    Q. What languages does Tipalti AP Automation support?

    Tipalti AP Automation supports the following languages:

    Chinese (Simplified), Dutch, English, French, German, Italian, Japanese, Korean, Portuguese, Russian, Spanish

    Q. What type of pricing plans does Tipalti AP Automation offer?

    Tipalti AP Automation has the following pricing plans:

    Subscription

    Q. Does Tipalti AP Automation support mobile devices?

    We do not have any information about what devices Tipalti AP Automation supports

    Q. What other apps does Tipalti AP Automation integrate with?

    Tipalti AP Automation integrates with the following applications:

    APIANT, HitPath, LinkTrust, NetSuite, Oracle Fusion Financial Management, PayPal, QuickBooks Online, Sage Intacct, TUNE, item8

    Q. What level of support does Tipalti AP Automation offer?

    Tipalti AP Automation offers the following support options:

    FAQs, Forum, Knowledge Base, Online Support, Phone Support