General information about Tipalti
Tipalti is a cloud-based payment automation and management software that streamlines all phases of the payment process from payee onboarding to payment method and currency selection, global remittance, early payments, tax compliance management, payment reconciliation, and reporting.
It is designed to help businesses meet their payment obligations to suppliers, workers, tax authorities, and others across the globe. Tipalti eliminates up to 80% of the payables workload, helping companies scale their operations efficiently.
It also provides financial controls including role-based views and approvals, real-time payment tracking, fraud detection, and a robust audit trail. The platform integrates seamlessly with numerous other systems such as ERP, OMS, and accounting software.
It supports a wide range of payment methods and offers multi-currency capabilities. Tipalti is ideal for businesses looking to automate their accounts payable processes while ensuring compliance with tax laws and financial regulations.
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See alternatives to Tipalti like QuickBooks or SAP Concur.What is Tipalti used for?
Tipalti is a valuable tool for small businesses looking to automate and optimize their payment processes. It simplifies the management of supplier accounts, reducing the workload by up to 80%, thus allowing businesses to focus on their growth. For example, a small online sales business could use Tipalti to automate payments to its international suppliers, managing exchange rates and ensuring tax compliance. Moreover, with features like real-time payment tracking and fraud detection, Tipalti offers enhanced financial control.Tipalti features
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Payment Automation
Tipalti streamlines all phases of the payment process from payee onboarding to payment method and currency selection, global remittance, early payments, tax compliance management, payment reconciliation, and reporting -
Efficiency
It eliminates up to 80% of the payables workload, helping companies scale their operations efficiently -
Financial Controls
The software provides financial controls including role-based views and approvals, real-time payment tracking, fraud detection, and a robust audit trail -
Integration
Tipalti integrates seamlessly with numerous other systems such as ERP, OMS, and accounting software -
Multi-currency Capabilities
The platform supports a wide range of payment methods and offers multi-currency capabilities.
5 Tipalti reviews
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Zachary A
Exceptional Customer Support Experience with Tipalti
My experience with Tipalti's customer support was truly unique. They were consistently responsive, providing me with immediate replies to my numerous emails and support tickets. Their approach was refreshingly systematic, ensuring that I received all the necessary information in a clear and concise manner.
May 6, 2024
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Cynthia Davis
Tipalti: Streamlining Payment Processes for Financial Managers
As a financial manager, I've found Tipalti to be an invaluable tool for streamlining our payment processes
April 27, 2024
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Juan Jones
Positive Experience with Tipalti's Payment Services and Customer Support
I had the opportunity to use Tipalti for receiving payment for services I provided overseas. The process of entering my bank information was straightforward and user-friendly. I was initially concerned when my payment seemed to be delayed due to a minimum threshold requirement. However, my balance was well above this minimum, so I reached out to Tipalti's customer service for clarification. I was pleasantly surprised by their prompt response, directing me to the company that was supposed to pay me. This was a great relief as it showed that Tipalti was transparent and accountable, ensuring that the funds were still within the control of the paying company. What's more, Tipalti's customer service has been consistently responsive to my emails, providing me with the necessary guidance and reassurance. I am confident that any issues will be resolved promptly and professionally. I am looking forward to continuing to use Tipalti for my overseas transactions!
April 21, 2024
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Ethan D
Intuitive and User-Friendly: Tipalti's Interface for All
I've found the user interface of Tipalti to be very intuitive and easy to navigate, even for those without a strong technical background
April 15, 2024
Tipalti: Pros & Cons
Pros
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Efficiency: Tipalti streamlines and automates the entire accounts payable process, reducing the time and effort required to manage payments
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Compliance: The software helps businesses maintain compliance with tax laws and regulations by automatically validating payment data and generating necessary tax forms
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Global Reach: Tipalti supports payments to vendors in over 190 countries, and can handle multiple currencies, making it ideal for businesses with international operations.
Cons
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High cost: Tipalti can be quite expensive, especially for small businesses or startups with a tight budget
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Complex setup: The initial setup and integration of Tipalti can be quite complex and time-consuming
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Limited customization: While Tipalti offers a range of features, there may be limitations in terms of customization to suit specific business needs.
Why is Tipalti better than other Accounting software?
Tipalti has better positive reviews compared to Airbase: 98 vs 96
Tipalti is better at number of features than Airbase: 139 vs 55
Tipalti has better positive reviews than Payoneer: 98 vs 89
Tipalti is better at customer support than Payoneer: 4.5 vs 4.0
Tipalti has better positive reviews compared to SAP Concur: 98 vs 85
Tipalti is better at customer service than SAP Concur: 4.5 vs 4.0
Tipalti is a better solution based on percentage of positive reviews than QuickBooks: 98 vs 85
Tipalti is a better solution for customer support than QuickBooks: 4.5 vs 4.0