Tipalti Software

Pros

The best part was the easy of use. Once we began to enter our payees it become easier and easier to use. Since we were new to this type of software, we called upon customer service a great many times and each and every time we contacted them, they got right back to us via e-mail or a phone to solve any issues and/or answer any questions we had. that was a big PLUS for us as we didn't want to be left standing scratching our heads. The more we "dug" into the software the more we realized how easy it was to customize for our needs...that too was a very big plus for us.

Cons

Don't see any problems or issues at this time. Again, as we dove deeper and deeper into the software, we found the answers we were looking for and with the great support that Tipalit offers anything that did come up we simply sent an e-mail to the support team and they got back to us right away with a e-mail or phone call. Greatly appreciated.

Huge time saver

Pros

Multiple payment types available in one platform. Eliminates needing to enter our online banking's portal for each different type. Easy payment receipts to provide to vendors.

Cons

Some details of the workflow are not as efficient as they could be - but the team is always responsive to my suggestions and they are always improving.

Pros

Gets refunds done quickly with ease. Once the refund is set up, the emails go out and you're done. The fact that it's automated is great.

Cons

It's a little hard to navigate. Some of the pages do not have very much info on them, which makes it look a little less "smart"

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

Some of the benefits include: payment automation features, minimal error and downstream errors, compliance with taxation issues, advanced reporting and lots more. Do you have a high volume of supplier payments -- no problem. Is paying suppliers overseas too time-consuming? No problem.

Cons

There is no perfect solution and businesses really need to understand the product and what they need to find the best solution. This is product has a good value and platforms that do more cost a lot more. You have to request a quote and sometimes you just want to sign up for something.

Pros

We love that it integrates well into our current system and it scales up extremely well to our 500+ employees.

Cons

Once in a while we experience delays in processing tax forms but because this is used so rarely, it often is not a problem. Thankfully, deployment and operation go through swiftly.

Pros

The dashboard is clear and easy to use, support is A+. The team is very responsive, professional and helpful.

Cons

Not sure I fully understand how the payment process works. Lately, they came out with Webinars explaining exactly this process and were helpful. However, would have appreciated had the webinars fit my time zone better.

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.

Pros

I was very please with this product, it worked exactly as described and I really had no issues with it easy to learn.

Pros

The platform is user friendly. We didn't need specific training to start using it and still, it's quite easy for us to find the info we are looking for.

Cons

some features should be added in order to make it 100% usable by our company (as payees with different bank account country and VAT number).

Pros

Once you are all set up, you only need to check AP Automation when approvals of some payments are needed. The software is streamlined minimizing useless steps and actions.

Cons

The cost is quite high compared to comparable alternative solutions and the user interface is less than user-friendly.

Easy mass payments to our customers

Pros

Once you implemented and setup, you need to check it only when approvals of some payments needed, no useless steps and actions

Cons

not very user-friendly interface and the price is quite high. there is no ability to pay with Paypal if in you country it is not supported

We use tipalti to pay our developers monthly. It has the ability to link seamlessly to company's webpages. It has excellent Customer Support. Easy to use interface. Must try at least once.

1. We used Tipalti in our organization to pay our world wide crow of patent and technology researches.
2. It captures payee information in a seamless and easy to integrate system.
3. It provides payees with a variety of payment options.
4. It greatly helped in integrating the money transfer process with our current process.
5. One recommendation would be like they need work well on customizing the better UI.

1. I used tipalti to pay our developers on monthly bases for the total payments.
2. It has the ability to link seamlessly to company's webpages.
3. It has excellent Customer Support.
4. This tool is quite easy to use.

1. Allows to enter new countires with zero ramp time for payments.
2. It saved huge time in improving my accounting process.
3. Worth for the cost.
4. Provides great support when needed
5. Money transfer solutions offered by tipalti are quite effective.

Tipalti has really streamlined our payment process - it saves a ton of hassle in updated payment methods and manually entering wires every week. The only downside is the reconciliation report can be a bit difficult to work with in terms of bank reconciliations, etc. But overall a huge time saver and the customer service is very helpful and quick with responding.

Great system for the price. Overall great support when needed. Data is easily managed and we generally have a seamless AP schedule thanks to Tipalti.

Pros

Easy to manage vendor payments

Reconciliations are straight forward

Payments are easily executed

Cons

Lack of detail at times for error'd payments

Lack of integration with our primary business bank provider - Bank of America

I have had a great experience working with Tipalti. It has made our payments process become almost effortless

Pros

How easy it is to use, and how easy it has made our payment process flow.

Tipalti has streamlined our payment processing process from ~3 days to a matter of minutes. In doing so, they've saved us time and improved our efficiency as an accounting team. We are able to refocus our time on other projects due to the extra time they've given back to us. They have engineered a tool that has allowed us to pay several hundred of our partners in multiple currencies into an organized and simplified approach.

Pros

The Tipalti team is professional, responsive to our needs and questions, and constantly seeking ways to improve our manual processes. We feel we have an invaluable partner in them as they are invested in our success as much as theirs.

Advice to Others

We have used Tipalti's solutions over the past few years. In that time, they have literally saved us countless hours by automating our manual processes. Because of their tools, our payment processing to our audit testing/documentation has been improved tremendously. By utilizing their products, we've been able to enhance our own controls and increase our ability to provide greater service to our partners.