Tipalti

About Tipalti

Deep Dive with Clara AI

Tipalti is an account payable automation, global payment and procurement platform. Businesses that are looking to scale finance operations and processes trust this platform to reduce their workload by 80% or more. Tipalti's end-to-end accounts payable interface comes with a built-in OCR, enabling touchless invoice processing. Furthermore, the platform featuring AI-driven approval and line-item workflows results in invoice management, seamlessly. The brandable 24/7 self-service supplier hub and proactive supplier payment status notifications help in supplier management. Furthermore, Tipalti with its frictionless approval cycle helps in both 2-way and 3-way matching. The platform approves control and visibility overspend. Not to mention, it is easy to use across the organisation. Tipalti encourages 6 unique payment methods across 120 currencies and 196 countries. The platform’s centralised AP helps businesses manage unique payable workflows. Approved by KPMG, Tipalti ensures users can collect and validate IRS and VAT IDs. Its other features include payment reconciliation, financial controls, self-billing module, fraud detection, early payments, secure cloud, ERP integrations, performance-to-pay integrations and more.

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Pricing

Free Trial Not Available
Starts at $149.00.
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SW Score Breakdown The SW Score breakdown shows individual score for product features.Read more

Features The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

100%
Reviews

60%
Momentum

60%
Popularity

65%

Platforms Supported

Browser Based (Cloud)

Organization Types Supported

All (Small, Medium, Large)
Individuals

API Support

Available

Modes of Support

Online

Tipalti Features

Show Feature Explanation

Accounts Payable Automation Features

Features: The Feature Score % is calculated using the weighted average method, where core features hold more weight in the final calculation. Read more

100%

ACH Payment Processing

Offers support for ACH, virtual cards, checks, and wire transfers.

Invoice Matching

Automatically matches invoices with purchase orders and receipts (2-way / 3-way matching).

Invoice Capture

Utilizes OCR technology to efficiently capture and process data from both paper and digital invoices, ensuring accurate and structured data entry.

ERP/Accounting Integration

Seamlessly integrates with ERP and Accounting tools like QuickBooks, Xero, NetSuite, and SAP.

Audit Trail

A record of changes made in chronological order of a user or activity

Compliance Management

Helps in making an assessment of risks, ensures policy comprehension and that policies/procedures are being followed

Approval Workflow

Allows to route the documents to one or multiple people for seeking their approval

Duplicate Detection

Detects duplicate data and notifies the users about potential duplicates

Vendor Management

Helps to manage necessary data concerning vendors and allows easy access

Fraud Detection

Detect foul practices and handle disputes between participants, if any

Multi-Currency

Enables payment and collection in multiple currencies.

Tipalti Pricing

Free Trial

Not available

Pricing Options

Premium Plans ( Quotation Based / Subscription )

Tipalti Express $149.00 $149.00 per month

Platform fee starting at $149 Per Month

Features

Supplier Management
Procurement Management
Invoice Management
PO Matching
Tax and VAT Compliance
Global Payments
Self-Billing Module
Payment Reconciliation
Tipalti Detect

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Disclaimer: The pricing details were last updated on 28/12/2021 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

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Tipalti Reviews

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Review Summary

Users consistently praise Tipalti for its user-friendly interface, streamlining accounts payable processes, and simplifying international payments. The platform's automation capabilities, including OCR invoice scanning and vendor onboarding, are highly valued for saving time and minimizing errors. While some users highlight occasional sync issues and a lack of advanced reporting features, the overall sentiment is positive, with many users finding Tipalti to be a valuable solution for managing accounts payable and vendor payments.