Tipalti

Vorteile

I like it because it allows me to easily use the functions, which by the way are extraordinary and this saves me a lot of time. There are other programs that although they are a little more economical, they are a lot of work when you start using them. Therefore, the best thing is undoubtedly the ease with which you can start using it in the company.

Nachteile

The weakest point is the support, but it is something that can be solved. On more than one occasion I had problems communicating with the support team and they were not pleasant experiences.

Vorteile

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.

Nachteile

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.

Vorteile

It does a good job at managing a large number of payments, internationally. It's not too cluttered and it offers a few different features to help your business, like currency conversion, automated payments, and some tax compliance help.

Nachteile

Depending on the size of your business, this product might seem expensive or some of the features might go unused.

Vorteile

Submits payment and invoice extremely fast, keeps accurate information on invoice

Nachteile

Has a hard time processing payment, has a hard time storing large information

Vorteile

The number of payment Methods Available in tipalti is a lot, We are able to serve customers worldwide after our co-operation with tipalti

Nachteile

Offcourse their Charges are way high compared to normal companies but yes worth it.

Vorteile

Tipalti is one of the most popular platforms for transacting money. More than 5,000 companies rely on it as Tipalti provides smoothly working apps.

Nachteile

Tipalti provides the best service to its customers except for some unavoidable errors in some apps. The resolution team actively solves such issues except for some complex problems.

Vorteile

its ability to streamline global payment processes and simplify accounts payable workflows

Nachteile

Tipalti's pricing structure is better suited for mid-sized to large enterprises, making it less accessible or cost-effective for small businesses and startups.

Vorteile

Tipalti accounting software comes with freedom to work across all devices and provides complete financial solutions for all sizes of businesses.

Nachteile

AP automation features are sluggish and very unreliable.

Vorteile

The fast pace in which they let me know I'm getting paid and when I'm able to see it in my bank account.

Nachteile

Nothing at all, since dealing with them I've never had any delays whatsoever.

Vorteile

This tool is used to administer my affiliate payments from Clickfunnels, and it does a great job of paying me, and showing me what I have earned etc

Nachteile

It can be hard to navigate and login sometimes.

Vorteile

Simple to use and a wealth of functionality.

Nachteile

Cost. It can be expensive for an SMB and a lot of the functionality isn't used.

Vorteile

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.

Nachteile

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

Vorteile

The software was easy to use, and made the process for onboarding vendors quick and seamless. Vendors were able to assist with the creation of their own profiles and were able to navigate the portal pretty easily. This eliminated a lot of tedious work on our AP side. It allowed us to have vendor profiles setup quickly and allowed us to process payments in a timely manner. I also really like the fact that the software recognizes past invoices and vendors we've worked with, and can populate future invoice processing based on these past transactions. We work with the same vendors on a consistent basis, so when the software recognizes that and helps us create invoices based on past projects, it helps speed things up on our end. An incredible timesaver!

Nachteile

We send out batches of payments each week since we work with tons of vendors, but unfortunately we don't get alerts when a payment for a specific vendor doesn't go through. This could be for numerous reasons, but we don't realize that the payment was denied until a vendor reaches out. Then we need to navigate back to the transactions to figure out why it didn't go through. So maybe more alerts/notifications when something gets denied especially in regards to payment processing as that is the main reason for our utilization of this software and we can't afford any delays in remittance.

Vorteile

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.

Nachteile

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.

Vorteile

The flexiblity of the CSV based payment file. We can easily format our royalty payments coming out of our royalty software to meet the payment file. A quarterly royalty process used to take weeks, now with Tipalti and Curve Royalties it is a matter of hours with much higher customer satisfaction.

Nachteile

Having a payee list in the payee area would be an improvement instead of needing to export a CSV. Similarly, it would be great to be able to select a payee and click some sort of 'issue single payment' button for those instances where you need to issue a quick payment. These are more feature enhancements that would make the software close to perfect.

Vorteile

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.

Nachteile

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

Vorteile

- 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

Nachteile

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

Vorteile

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

Nachteile

None that come to mind

Vorteile

Self-billing / invoices
Onboarding
UX
UI

Nachteile

Should have an option to customize reports

Vorteile

Invoice Processing as well in Vendor management

Nachteile

After doing payment Filtration on payment page for vendor.

Vorteile

- 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

Nachteile

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

Vorteile

The product is very easy to use, and the integration was very easy (including great help from the team!).
It features a centralized and searchable vendor portal for all vendor data in an easy-to-use interface, and completes it with an automated vendor on-boarding process - which makes life super easy.
The product also allows me to easily set up standardized PR and PO processes to streamline the end-to-end procurement cycle, which is a huge help.

Nachteile

The feature I lacked most was automated file uploading. Currently, you have to manually upload files into the system each time.
However, I've discussed with the team and they are working on it so very hopeful!

Vorteile

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.

Vorteile

The diversity of areas affected by the software such as (Finance, Marketing, Finance, Accounting, etc.)

Nachteile

Honestly no inconveniences encountered with the tool

Vorteile

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

Nachteile

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.

Vorteile

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

Nachteile

Tipalti has been smooth, and no issues.

Vorteile

Tipalti allows me to receive my payments once they are sent by the payer really quickly. It has affordable fees compared to other platforms.

Nachteile

Sometimes the transactions are processed immediately, and some other times it takes a couple of business days even if it is a recurring payment from the same sender and receiver.

Vorteile

Nothing at all. The payment processing is inconsistent and slow.

Nachteile

The slow payments. I was close to losing my place of living because the payments were so slow.

Vorteile

Mi è capitato di avvalermi di Tipalti e mi sono trovata molto bene, specie per quanto riguarda la emissione delle fatture elettroniche

Nachteile

Alcuni aspetti dell'interfaccia creano un po' confusione a mio avviso

Vorteile

One of the things I liked most about Tipalti was its comprehensive payment automation capabilities. The platform offered a streamlined and efficient way to manage and process payments to suppliers, partners, and affiliates. The automated workflows and approval processes significantly reduced manual efforts and improved accuracy. The integration with different payment methods and currencies made international payments seamless. Additionally, the robust reporting and analytics features provided valuable insights into payment data and financial operations.

Nachteile

While Tipalti had many useful features, one aspect I liked least was the complexity of the initial setup and configuration. The onboarding process required a significant amount of time and effort to properly integrate the platform with existing systems and workflows. Additionally, some customization options were limited, and certain specific requirements had to be addressed through workarounds. It would have been beneficial to have more flexibility in tailoring the platform to align with unique business needs.

Vorteile

Tipalti ha sido una solución integral de automatización financiera que ha transformado por completo mi negocio. Con su plataforma integrada, he logrado simplificar los procesos de cuentas por pagar, acelerar los pagos globales, simplificar los procesos de adquisiciones y optimizar los gastos de los empleados.

Nachteile

Sin embargo, he encontrado que la curva de aprendizaje inicial de Tipalti puede ser un poco pronunciada. Al principio, me llevó algo de tiempo familiarizarme con todas las características y funcionalidades de la plataforma.

Vorteile

When I first signed up to use Tipalti as an affiliate marketer, I was hesitant. I've used other payment processors before, and they've all been a bit of a pain. But Tipalti surprised me.For one thing, the sign-up process was incredibly easy. It literally took me 3-5 minutes. And the interface is so intuitive that I didn't even need to read the instructions.But what really blew me away was how quickly and accurately my payments were processed. I was used to waiting weeks or even months to get paid by other processors. But with Tipalti, I received my payment right on time!Overall, I'm really happy with Tipalti. It's the easiest and most efficient payment processor I've ever used.

Nachteile

Surprisingly, it was a simple process that went smoothly.

Vorteile

I do not like anything about Tipalti. That's it.

Nachteile

From persistent login issues, to its poor UI, the experience of using Tipalti has been incredibly frustrating and I resent having been forced to use it by some of the companies who pay me. I think any alternative in this space is superior.

Vorteile

What I liked the most is its ability to completely simplify my affiliate payments. Before using this platform, I had to deal with a manual and tedious process that consumed a lot of time and resources. But now, I can automate the entire process, from affiliate onboarding to currency selection to sending payments.

Nachteile

One of the things that I liked the least is its initial learning curve. At first, it can be a bit overwhelming to get familiar with all the features and functionality of the platform.

Vorteile

Utilizo Tipalti como plataforma para recibir pagos de proveedores que me compensan por comisiones de afiliados o ventas en algunos marketplaces que uso. He notado que es muy eficiente con las notificaciones y pagos automáticos.

Nachteile

Creo que sus formularios pueden ser complicados de completar, si no dominas bien el inglés.

Vorteile

Ha sido de gran utilidad al momento de la gestión y pago de facturación de igual manera para la gestión de contratación.

Nachteile

Su interfaz es algo compleja cuando no se conoce el aplicativo.

Vorteile

Cloud based, helps streaming line payment process.

Nachteile

Support is not as good as other tools available on the market.

Vorteile

What I have liked the most is its ability to automate and simplify my affiliate payments. With this platform the entire process has become much more efficient and effortless. I love how I can easily integrate my existing affiliate system like LinkTrust or HasOffers and seamlessly sync payments.

Nachteile

The initial time it takes to set up and get familiar with the platform being a complete solution for affiliate payments, it can take some time to understand all the functionalities and features available.

Vorteile

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.

Nachteile

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.

Vorteile

Me gusta que pueda ver el historial de transacciones y en caso de algún error comunicarme con el equipo.

Nachteile

En ocasiones no se refleja claramente la hora en la que el pago se procesa luego de ser enviado.

Vorteile

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.

Nachteile

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.

Vorteile

One positive thing is that it provides a holistic cloud platform that greatly simplifies and automates complex provider payment operations.

Nachteile

It has some limitations regarding the customization of the platform and the workflows, for this reason you may find restrictions when adapting it to some specific needs.

Vorteile

Es muy útil en la gestión de pagos y facturación con herramientas muy eficientes que facilitan el trabajo.

Nachteile

Me parece que sus formularios son un poco complejos si no hablas bien el inglés.

Vorteile

Tipalti makes it easy to manage and track payments, and helps us automate the entire payment process. We like that the platform uses advanced encryption technology to secure payment data and protect customer information.

Nachteile

They offer limited customer service and support, which can be frustrating for users who need help with their payments.

Vorteile

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

Nachteile

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

Vorteile

Tipalti is a comprehensive software solution for automating accounts payable operations. It offers a variety of features that make it stand out from its competitors, including robust automation capabilities, streamlined payment processes, and comprehensive reporting tools.

Nachteile

I found that Tipalti's software could be difficult to navigate and manage, particularly for large batches of payments. The user interface was quite complex, and it could be hard to find the information you needed without an in-depth understanding of the product.

Vorteile

Procesamiento de pagos global: Tipalti permite a las empresas realizar pagos a proveedores en todo el mundo de manera segura y eficiente.Automatización del proceso de pago: El software permite automatizar el proceso de pago y reducir los errores y la ineficiencia manual.Integración con sistemas existentes: Tipalti se integra con sistemas existentes, lo que permite una gestión de pagos más eficiente y sin problemas.

Nachteile

Costo: El costo de Tipalti puede ser elevado en comparación con otras soluciones similares.Curva de aprendizaje: La interfaz de Tipalti puede ser complicada y requerir un período de ajuste y aprendizaje.Limitaciones de funcionalidad: Algunas funcionalidades de Tipalti son limitadas y la funcionalidad de algunos aspectos del software podría ser mejorada.

Vorteile

Tipalti streamlines payment processing for businesses, automating many of the manual processes associated with making global payments, such as tax compliance, payment reconciliation, and payment tracking, supports a wide range of payment options, including ACH, wire transfers, PayPal, and checks, allowing businesses to choose the payment method that works best for their needs, provides detailed reports on payment activity, giving businesses a comprehensive view of their payment processes and helping them identify areas where they can improve.

Nachteile

Can be expensive, particularly for smaller businesses with limited budgets. Limited customization: While Tipalti provides a wide range of payment options, the software offers limited customization options, which may make it less flexible for businesses with specific needs.

Vorteile

The ability to process invoices from time of receipt to actual payment. Ability to handle multi-entity as well as handling of invoice management for a HNW individual.

Nachteile

UI not always that strong - could use some improvements in the structure of the tool and the user interface.

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Vorteile

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!

Nachteile

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.

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