Tipalti Reviews

Pros

It's very user friendly, and gives you control of everything that goes on. As well is very easy to generate reports and the support team is very responsive and helpful.

Cons

There's some minimum for payments to specific countries that is kind of a limitation for the staff we have there which lead us to use other platforms. The 1099s have to be processed manually when working on the end of year filing.

Pros

I like the new ACH Debit feature that allows us to save time from manually transferring funds from our bank to Tipalti. This saves us a great deal of time!
I also appreciate being able to create unique Payee ID's.

Cons

One of the issues I have is when you need to cancel an approval request, you are not able to let the approver know that the request has been cancelled. I
It would be nice to be able to add bills to a payment order that has already been scheduled.
No option to chat with the Support team when needing to reach out to them. It appears the only way to reach them is via email.

Pros

The software functions pretty well on it's own, and handles invoice processing and vendor payment easily.

Cons

We had a ton of issues with our connection between Teampay/Tipalti/Netsuite. We were sold Tipalti and Teampay as a package deal and they definitely have not lived up to the promise. Both softwares would function better on their own, but they need each other to be a full end to end procurement software.

Alternatives Considered

Reasons for Switching to Tipalti

Pros

Approve provides a quick integratetion solution that covers the mains procurement requirements, it helps us as a grown company to formalize our procurement process, provide online visibility of the requests, budget, and status easily in one place.
Great product with a great team that cares for the customer requests and understand the needs that can improve Approve - can't wait for the new functions!

Cons

Waiting for Invoice integration solutions, this will be awesome

Alternatives Considered

Reasons for Switching to Tipalti

Pros

It has made payment processing easy and the software has been great in handling accounts payable

Cons

Tipalti has been smooth, and no issues.

Pros

Invoicing is easy to do on software especially when you are initiated

Cons

Not at all, I did not encounter any problems with this tool

Pros

- easy to onborad all the different stakeholders, no more approvals on slack or emails
- transparecny on Actual vs. Budget for every stakeholder
- suppliers onboarding saved us hours of the finance team every month

Cons

- missing vitual credit cards
- emails layout doesn't look good, images are too big etc. (I'm using MS outlook)

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

Pros

Payments in different currencies
Payments all around the world
Different payment formats that the may require (ACH, wire, etc.)
1099 Handling

Cons

None that come to mind

Pros

- The product is clean, simple and easy to use, which makes the implementation easier
- There's an option to have a full dialog about the purchase with no involvement of other forms of communication
- User onboarding is fast

Cons

Would like to have more control as an admin in the system - approval flow, optional fields etc.

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

Pros

I like the Automation how Tipalti read and memorize invoices and putting it to the appropriate Payee, portal, and also I love the Paperless idea.

Cons

I wish Tipalti able to sync the PDF file along with the bill over to NetSuite

Pros

With Tipalti, it's simple to view the status of payments and invoices right away. Time and money are saved by having a single payment run for both domestic and international payments. Having a 100% paperless payables procedure is wonderful. The software handles processing invoices and paying vendors with relative ease when used independently.

Cons

One of my issues is that it is impossible to alert the authorizer that an approval claim has been made but been refused. If invoices could be included in a pending payment order, customers could readily track the status. The cost is not cheap. The implementation process takes some time. But once you board, the journey is incredible.

Pros

It has helped us automate and simplify our payments and other accounts payable process. It enabled our businesses to automate our invoice processing, payment reconciliation, and tax compliance, saving time and reducing the risk of errors, especially that we have worked with local and international companies.

Cons

It's a bit complex, might need to invest more time in training and support.

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.

Pros

Approve makes the procurement process super simple. It is extremely easy to implement, has a flexible and accurate approval flow and contains all the exact features a valid process needs without the complexity of other tools in its domain. Above all it is very user friendly, providing its users a great and painless experience.

Cons

We as early adopters encountered the natural teething pains of a brand new system. Still, we found an extremely supportive team at approve ready to cope with any problem or issue.
It was definitely worth it.

Pros

Clarity of processes, easy and intuitive UX, flexible workflows, great team

Cons

reporting interface needed some improvements, approval matrix set up was not fully available, but it's supposed to be resolved soon. Netsuite integration was not seamless at the beginning, but the team made all possible efforts to resolve it.

Pros

Helps keep me aware of pending approvals and has all of the relevant data points displayed so that I don't have to go back to our CRM to confirm.

Cons

Nothing really comes to mind as the system has always been reliable i.e. have never experienced downtime or had any connectivity issues.

Pros

Tipalti is very user friendly and easy to review and approve invoices, along with adding and adjust approval workflows. The reporting capabilities are very useful and easy to run as well.

Cons

The implementation was a bit challenging, switching from bill.com to Tipalti but that's expected when transitioning to most products.

Pros

-easy to onboard new vendors/suppliers
-easy to pay selected invoices in batches
-easy to pickup the system, even for non acct types

Cons

-doesn't sync with our ERP
-doesn't automated 1099s yet
-doesn't allow for multiple payment setups for same customer yet

Pros

Tipalti has a very rich database of currencies and any potential changes are updated in real-time .We also work with a lot of contractors and I love how easy generating 1099 forms is .

Cons

Once you create an invoice , it is very hard to make changes on it .Often it is better to start from scratch than to do edits .

Pros

The platform is very friendly and intuitive to use, the onboarding process facilitates compliance and international payments are good

Cons

Fees are high and partial payments are not available

Pros

Tipalti makes approving invoices very easy and provides great documentation regarding who approved and which accounts in the GL are being charged.

Cons

Implementation was difficult and there should have been more up front training.

Pros

I am very satisfied with Tiplati. Tipalti makes it easy. View payments and invoices quickly. A payment run for international and domestic payments saves time and money. It's fantastic to have a completely paperless payment process! I'm happy to give a good rating

Cons

I only focused on the positive, because the functions are enough for me

Pros

Tipalti makes it easier for our payees to find the payment information they need all in one convenient place. Plus they can update their contact, bank and tax information online at any time and hassle free. Tipalti has also helped to minimize out mailing costs and we now use less paper as a result which is a plus for the environment. The customer service team is beyond exemplary and always prompt with replies.

Cons

Accessing the statements by the payees is not exactly a user friendly process, but once they figure it out, it is easy to find again.