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Tipalti Reviews and Product Information.

What is Tipalti?

Tipalti is a cloud-based payments automation and management platform designed to simplify the process of issuing payments to global suppliers. It enables companies to automate their entire payments process, from supplier onboarding and payment authorization to compliance screening, payment tracking, and reconciliation. It also provides a wide range of features such as fraud prevention, taxation compliance, currency conversion, and supplier self-service portals.The platform is designed to make payments more efficient, accurate, and cost-effective, while providing businesses with greater control and visibility into their payments process. It offers a unified payments experience with a single interface to manage payments in multiple currencies and locations. It also offers an AI-driven payments engine to process payments quickly and accurately, along with automated reconciliations and error-free payments. Tipalti also provides a range of services to help businesses manage their suppliers, including supplier onboarding, risk assessment, and payment tracking. It also offers a range of reporting features to help businesses gain insights into their payments data. Overall, Tipalti is a comprehensive payments automation and management platform designed to help companies simplify their payments process and manage their suppliers more effectively. It offers a range of features to make payments more efficient, accurate, and cost-effective, while providing businesses with greater visibility and control over their payments process.

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About Tipalti and Our Ratings:

Companies Using this platform:
Small, Mid-Market and Enterprise Businesses
Great platform to use for:
Best Fit For: Global Payments Automation
Total Product Rating (out of 5):
4.50
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Value of Software Rating:
4.4
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Customer Support Rating:
4.4
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Performance Rating:
4.6
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Tipalti Software Pricing:

Free trial?
Base price:
CUSTOM
Yes
NO

Best Alternatives to Tipalti:

Tipalti's Top Software Integrations:

  • Oracle Netsuite
  • Quickbooks
  • Exero Accounting

Key Features of Tipalti:

  • Tipalti offers global payment automation, allowing businesses to streamline the entire payment process, from vendor onboarding to payment reconciliation.
  • Automated Supplier Onboarding: Tipalti’s supplier onboarding and identity verification tools reduce time and effort required to onboard and manage suppliers.
  • Automated Global Payment Processing: Tipalti’s global payment processing and reconciliation capabilities enable efficient and accurate payment processing.
  • Tax Compliance Solutions: Tipalti’s tax compliance solutions help companies manage withholding tax compliance in more than 200 countries.
  • Robust Supplier Analytics: Tipalti’s supplier analytics provide insights on supplier spend, payment trends, and supplier behavior.
  • Customizable Workflows: Tipalti’s customizable workflows enable companies to configure the payment process to meet their specific needs.

Major Benefits of Using the Tipalti Software:

  • Automated AP process: Tipalti automates the entire accounts payable process, from invoice processing to payments, compliance and supplier management, which helps to reduce errors, increase efficiency and save time.
  • Compliance: The platform ensures compliance with various regulations and tax laws by automating compliance checks and providing real-time visibility into compliance status.
  • Data analytics: The platform provides data analytics, which allows businesses to gain insights into their AP process and make data-driven decisions to improve it.

Drawbacks With Using Tipalti:

  • Integration: Integrating the software with existing systems and processes can be a challenge and may require technical skills.
  • Cost: Tipalti may be costly for small businesses or start-ups, because of the complexity of the platform and the amount of data it can handle.
  • Complexity: The platform is quite complex, with a lot of features, functionalities and integrations. It may take a while to get used to it and learn how to use it effectively.

Frequently asked questions

Everything you need to know about the product, features and costs.

Does Tipalti offer customer support to their customers?

Yes! Tipalti does offer customer support to their customers. Based on the plan you choose, you may have access to live-chat, phone, email, or a dedicated account manager for your Tipalti account.

How Much Does Tipalti Actually Cost?

Pricing for Tipalti is not currently listed on their website, therefore, is not publicly known. The team at Tipalti customizes each solution for their customers, so you'll need to contact their sales team to obtain a proper and accurate quote!

What is the Tipalti software used for?

The Tipalti platform is used primarily to process payments across your organization. Tipalti has many use cases to process payments from supplier management, partner payouts, affiliate payouts, and of course streamlined invoicing and accounts.

Compare Tipalti With Similar Vendors:

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