Tipalti

Approve.com put us one step closer to adopting big-company workflows, without the complexity

Opmerkingen: my pain was mid-management were buying products without an organized approval workflow, and without them having transperancy as to how much of their budget is left on a monthly basis. I was afraid of implementing a process using our ERP as it's not friendly enough and I want to be an enabler of my peers - Approve.com definitely hit my sweet spot with their offering.

Pluspunten:

- 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

Minpunten:

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

Streamline Your Global Payments with Tipalti

Opmerkingen: As a mid-sized business with a global supplier base, we found that Tipalti has been instrumental in streamlining our payment processes. The platform's automation features have significantly reduced manual work and errors, and the comprehensive dashboard has enabled us to track payments and generate detailed reports. While there was a learning curve during the setup process, Tipalti's customer support team was responsive and helpful, making the overall experience positive.

Pluspunten:

Tipalti is an all-in-one global payments solution that simplifies the process of paying suppliers and vendors across the world. Its automated system reduces manual work and errors, allowing businesses to easily manage tax compliance, payment regulations, and currency conversions. Additionally, Tipalti provides a comprehensive dashboard that enables users to track payments, review transaction details, and generate reports, making it easy to stay on top of finances.

Minpunten:

While Tipalti offers a robust set of features, it can be complex and overwhelming to set up and navigate. Users may require significant training and support to utilize all of the platform's capabilities, and the setup process can be time-consuming. Additionally, the pricing structure of Tipalti may be prohibitively expensive for smaller businesses with lower transaction volumes.

Not a great solution combined with Teampay

Opmerkingen: Overall it started out pretty good. As volume started to pick up and required purchase orders to be created through Teampay, we started seeing blatant sync/connection issues with Netsuite.

Pluspunten:

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

Minpunten:

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.

Overwogen alternatieven: Airbase

Redenen om over te stappen op Tipalti: Tipalti was Netsuite partner of the year and seemed a bit more mature.

Great software for accounts automation

Opmerkingen: A good platform with great customer support, saves a lot of costs and increases profits, suitable for many companies of different types and sizes.

Pluspunten:

This platform works to automate accounts, especially accounts payable, use it to issue and track invoices and it gave a good result, saves a lot of time needed to manage payments to suppliers, is also useful in preparing the tax form and in transfers and settlement of payments and others.

Minpunten:

It is really a good program that is almost devoid of cons, but sometimes there are problems with the integration with the bank account. Also, errors may occur with the use of e-mail.

International Payments Made Easy

Opmerkingen: Tipalti's implementation and support teams have been great throughout. We have realized cost savings in both personnel costs and foreign transaction fees. Tipalti has put our finance department one step closer to our goal of operational excellence.

Pluspunten:

We love the user friendly interface and the ease of navigating around the system. Tipalti makes it easy to quickly view status of payments and invoices. Having one payment run for international and domestic payments reduces time and costs. It is fantastic having a completely paperless payable process!

Minpunten:

The OCR feature is just Ok. There is still a thorough invoice review by our internal accounting team. I have noticed over time that it is getting smarter. During implementation, registering vendors on the software was more work than anticipated, but we appreciate the fact that electronic validation of W-9s helps minimize work for our staff now.

Overwogen alternatieven: AvidXchange, BILL en SAP Concur

Redenen om over te stappen op Tipalti: International payments and was the most user friendly