Tipalti is a provider of a global payables automation solution that focuses on reducing the administrative burden for the accounts payable departments. In a single cloud platform, it encompasses all stages of the Accounts Payable (AP) management and payment process. Tipalti covers aspects such as supplier onboarding, vetting, compliance with tax regulations, invoice processing, global supplier payments in various methods and currencies, supplier payment status communications, payment reconciliation and reporting. Its innovative approach allows companies to reduce their supplier payment workload by up to 80%, facilitating their global expansion efficiently. The solution aids in strengthening financial and compliance controls and enhancing the overall payment experience for the suppliers. Notably, over 1500 companies use Tipalti's solutions for their global supplier payments operations.
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Management of approval flows is great in Tipalti and one of the things that makes them stand out. In particular, the ability to adjust the approval flow for an invoice that is mid way through the approval process (without needing to update the underlying approval rules) is an amazing feature and a USP that not many others have. I do think Tipalti should look to push this as a USP as part of the sales process.
The fact that is very automated. Makes entering invoices a lot quicker.
Global Capabilities Haven't run into a single vendor where we've been unable to process payment. Would like better support of local transfers in certain localities (e.g. Australia) - Very limited support for India based payers unfortunately Ease of Use for Vendors Appropriate emails, Simple portal
The solution is very US driven and not customised to local areas e.g. Referencing wire and e-checks in the UK is unnecessarily confusing. Also there are a few AP basics that don't exist, e.g. credit notes.
The aesthetics keep changing which messes up my daily flow. I wish they would just make it work better and stop changing the looks.
Product can be buggy/laggy between screens Some workflows don't move to the next logical step