Tipalti Reviews
& Product DetailsWhat is Tipalti?
Tipalti is a finance automation platform that empowers over 4,000 global customers by taking control of their accounts payable and mass payment processes. It automates routine, time-intensive tasks, shifting data entry to suppliers through a multi-language portal, eliminating inaccuracies with advanced Optical Character Recognition (OCR), and enabling payments with just a few clicks.
Tipalti enhances the payment experience for contractors, freelancers, and other partners, from onboarding to year-end reporting. It modernizes procurement operations for greater spending control and reduces financial and compliance risks. Employees can easily create and submit expense reports, while managers can review and approve expenses on the go.
Tipalti integrates seamlessly with ERP platforms and accounting software through robust pre-built connectors and a no-code, drag-and-drop interface. It automates the sync of vendors, invoices, and payment data.
Tipalti frees teams from manual finance processes, focusing on scale, efficiency, controls, and visibility. It supports payments in 196 countries, 120 currencies, and six payment methods, eliminating a significant portion of manual workload and transforming how businesses manage their finances.
Best For
- StartUps
- Freelancers
- Small Business
- Medium Business
- Large Enterprise
- Non-profit Organization
- Personal
- Cloud, SaaS, Web-Based
- Mobile - Android
- Mobile - iPhone
- Mobile - iPad
- Desktop - Mac
- Desktop - Windows
- Desktop - Linux
- Desktop - Chromebook
- On-Premise - Windows
- On-Premise - Linux
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Company Name
tipalti
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Located In
United States
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Website
tipalti.com
Starting from:
Custom
Pricing Model: Subscription
- Free Trial
- Free Version
Pricing Details:
This tool has no public pricing plan.
- Accounts Payable
- ACH Payment Processing
- Activity Dashboard
- Approval Process Control
- Audit Trail
- Billing & Invoicing
- Cash Flow Management
- Compliance Management
- Contact Database
- Contract/License Management
- Electronic Payments
- ERP
- Expense Tracking
- Financial Management
- Fraud Detection
- Invoice Management
- Mobile Access
- Multi-Currency
- Online Payments
- Purchasing & Receiving
- Recurring/Subscription Billing
- Reporting & Statistics
- Self Service Portal
- Workflow Management
Additional Features
- General Ledger
- Purchase Order Management
- Customizable Reports
- Supplier Management
- User Management
- Debit/Credit Card Processing
- Risk Management
- Data Extraction
- FACTA Red Flags
- Search/Filter
- Alerts/Notifications
- Mobile Payments
- Position Management
- Transaction Management
- Bank Reconciliation
- Third Party Integrations
- Invoice Creation
- Payment Fraud Prevention
- Invoice Processing
- Onboarding
- Duplicate Payment Alert
- Agency Commission
- Compliance Tracking
- Budget Control
- Controls Audit
- Data Synchronization
- Receiving/Putaway Management
- Entity Data Management
- Activity Tracking
- For Small Businesses
- Reporting/Analytics
- PO Reconciliation
- Foreign Exchange Risks
- Tiered Commissions
- Payment Processing Services Integration
- Multiple Payment Options
- Configurable Workflow
- Data Import/Export
- Transaction History
- Order Management
- Invoice History
- Reminders
- Sourcing Management
- Transaction Monitoring
- Real-Time Chat
- Data Security
- Email/Online
- Sliding Scale Commissions
- Status Tracking
- Tax Calculation
- Spend Analysis
- Percentage Commissions
- PCI Compliance
- Rules-Based Workflow
- Payment Processing
- File Sharing
- Dashboard
- Procurement Management
- Spend Control
- Requisition Management
- Policy Management
- Vendor Management
- Partial Payments
- Electronic Signature
- Risk Analysis
- Two-Factor Authentication
- Client Portal
- Data Capture and Transfer
- Alerts/Escalation
- Data Mapping
- 1099 Preparation
- Spend Management
- Audit Planning
- Real Time Data
- Accounting
- Financial Transaction Approval
- Recurring Invoicing
- Document Storage
- Flat Commissions
- Trade Confirmations
- Audit Management
- Affiliate Management
- QuickBooks Integration
- Commission Scheduling
- Financial Analysis
- Multi-Company
- Commission Management
- Split Commissions
- Accounting Integration
- Paired Currency Comparison
- Document Management
- For Money Exchanges
- Supports Multiple Investors
- Tax Compliance
- Price Guarantee
- For Hedge Funds
- Content Management
- Point of Sale (POS)
- Real Time Reporting
- Check Writing
- Discount Management
- Collaboration Tools
- Cash Management
- Online Invoicing
- Vendor Master Data Management
- Data Management
- Multi Level Marketing (MLM)
- Activity Monitoring
- Billing Portal
- Email Reminders
- Real Time Analytics
- Vendor Payment
- Access Controls/Permissions
- Electronic Funds Transfer
- API
- Transcripts/Chat History
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Ease of Integration and Use
Users appreciate Tipalti’s clean, simple interface and fast onboarding process, making implementation easier and less cumbersome.
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Efficient Invoice Processing
There’s a notable improvement in invoice processing efficiency, with some users reporting up to a 90% improvement. The platform also centralizes storing invoices, tax documents, and banking information.
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Excellent Customer Support
Many reviewers highlight Tipalti’s responsive and helpful customer service, mentioning the ability to call them directly and receive prompt responses.
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Streamlined Payment Processes
Tipalti is praised for facilitating a single payment run for both domestic and international payments, significantly reducing the manual work involved in processing payments.
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Automation and Time Savings
The software is recognized for cutting a substantial amount of manual finance work, with capabilities that include automating invoice processing, payment reconciliation, and tax compliance.
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Reporting Limitations
Some users find the reporting capabilities to be lacking, as Tipalti provides only a handful of standard reports, which can be a limitation for companies needing detailed financial analysis.
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Implementation Challenges
Although generally user-friendly, some users experienced difficulties during the initial setup, including issues with duplicate vendors and improper invoice uploads.
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High Costs and Complexity
The cost of Tipalti might be a barrier for some businesses, and the platform’s complexity may require additional time for training and support.
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Limited Admin Control
There are calls for more administrative control within the system, such as enhancing the approval flow and adding optional fields for better customization.
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Payment Status Notifications
The inability to alert authorizers about approval claims that have been made but refused was mentioned as a drawback, suggesting an area for improvement in communication and tracking within the platform.
Disclaimer
Here at Tekpon's Global Buzz, we blend AI smarts with a human touch to offer a snapshot of user reviews from the web. While we carefully craft these summaries, please remember they reflect diverse user views and experiences, not Tekpon’s own opinions.
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