Tipalti AP Automation Software Pricing & Features

Tipalti AP Automation

Global Payables Automation

4.69/5 (39 reviews)

Tipalti AP Automation overview

Tipalti currently serves more than 1.8 million suppliers and processes over $4 billion annually in international bank transfer remittance. Customers include Amazon, Google, GoPro, Zumba, Twitter, Nikon, DreamWorks, Vimeo, and GoDaddy.

Tipalti automates the entire supplier payments operation, making it easy to pay suppliers anywhere in the world in different currencies and payment methods while eliminating 80% of your workload spent managing accounts payable processes. Reduce tax, regulatory, and financial control risk, accelerate your financial close with real-time payment reconciliation, and improve supplier relationships with Tipalti.

Pricing

Pricing options
Subscription
Value for money

Devices

Business size

S
M
L

Markets

United States, Asia, Australia, Brazil, Canada and 9 other markets, China, Europe, Germany, India, Japan, Latin America, Mexico, Middle-East and Africa, United Kingdom

Supported languages

Chinese (Simplified), Dutch, English, French, German and 6 other languages, Italian, Japanese, Korean, Portuguese, Russian, Spanish
Tipalti AP Automation screenshot: Tipalti customer Tapjoy embeds the advertiser onboarding flow directly in their website with the iFrameTipalti Customers Scale EffortlesslyTipalti AP Automation screenshot: Supplier Portal with real-time payment data validation during onboardingTipalti AP Automation screenshot: Tipalti customer MoPub W-8BEN-E form in an iFrame embedded on their websiteTipalti AP Automation screenshot: The payee's W9 form is built in to the payment experience with TipaltiTipalti AP Automation screenshot: Upload invoices via email or the supplier portal, OCR scans the invoice, AI engine applies approver sequence, and manual review gets you to 100% invoice completeness and accuracyTipalti AP Automation screenshot: Currencies, payment methods, and entities can be combined in a single payment instruction fileTipalti AP Automation screenshot: Extend early payments to suppliers easily via emailTipalti AP Automation screenshot: Once a supplier views an early payment offer through email or the supplier portal, they can easily accept and see the net payment amountTipalti AP Automation screenshot: Easily identify and resolve mismatches with our intuitive Matching Exception screen

Tipalti AP Automation reviews

Excellent
27

Very good
12

Average
0
Poor
0
Terrible
0
Value for money
Features
Ease of use
Customer support
  4.6
  4.5
  4.5
  4.8
Eric Baer

Great way to pay worldwide

Used daily for 2+ years
Reviewed 2016-08-29
Review Source: Capterra

We've used Tipalti since their early days and have been very happy with the services and features. I was looking for a way to pay our research contractors who live worldwide. We've paid people in more than 100 countries and with that needed to improve the efficiency of the process. We also had a concern that our worldwide payments are in compliance with money transfer regulations. Tipalti brought a terrific money transfer solution that's very efficient and supports a variety of payment options. We implemented Tipalti into our payment process and have since transferred millions of dollars worldwide. Our researchers love the lower fees compared to just PayPal payments and the variety of money transfer choices. It's dependable and our researchers get paid in a dependable manner. The ability to capture payment details and tax forms without the headache of PCI compliance has been a big help for us.

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Tipalti AP Automation

Global Payables Automation

Chris Lu

Straight Forward System!

Used daily for 2+ years
Reviewed 2016-09-09
Review Source: Capterra

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.Easy to manage vendor payments Reconciliations are straight forward Payments are easily executed

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Tipalti AP Automation

Global Payables Automation

Steven Gross

Great Payment Solution

Used daily for 6-12 months
Reviewed 2016-08-30
Review Source: GetApp

We have a very complicated payout setup that used to take up to 5 days per month to complete. After integrating with Tipalti we've been able to reduce that to 1 day a month and significantly increase the accuracy and timeliness of payouts. The functionality provided relative to the cost is a steal. While we'd love to see more customization, they're working hard to release new features and we've been very pleased with the relationship so far.-Fairly easy to setup and integrate -Affordable -Good customer support -Visibility for vendors

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Tipalti AP Automation

Global Payables Automation

Kevin Finlay

Excellent service

Used weekly for 6-12 months
Reviewed 2016-08-30
Review Source: GetApp

Excellent SAS. Customer Support is top notch. Using this service has reduced our man-hours (and costs) considerably. There is a lot of back-end work to get it linked into your system but it’s worth it. We send weekly and monthly payments (qty in the thousands) and I’d hate to go back to doing this ourselves.Excellent Customer Support, I'd rank it among the best. You can actually CALL them (!). Sometimes you have to leave a voice message but they get back to your promptly; same if you email them. Uploading payment instructions is very straightforward.

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Tipalti AP Automation

Global Payables Automation

Kevin Finlay

Excellent SAS

Used weekly for 6-12 months
Reviewed 2016-08-30
Review Source: Capterra

Excellent SAS. Customer Support is top notch. Using this service has reduced our man-hours (and costs) considerably. There is a lot of back-end work to get it linked into your system but it¿s worth it. We send weekly and monthly payments (qty in the thousands) and I¿d hate to go back to doing this ourselves. Excellent Customer Support, I¿d rank it among the best. You can actually CALL them (!). Sometimes you have to leave a voice message but they get back to your promptly; same if you email them. Uploading payment instructions is very straightforward.

Read the full review


Tipalti AP Automation

Global Payables Automation

Tipalti AP Automation pricing

Pricing options
Subscription

Please contact us for pricing information.

Pricing Comparison

How does Tipalti AP Automation compare with other Finance & Accounting apps?

Subscription plan?

Tipalti AP Automation



98% of apps offer a
subscription plan

Free trial?

Tipalti AP Automation



84% of apps have a
free trial

Freemium plan?

Tipalti AP Automation



21% of apps have a
freemium plan

Pricing Comparison

Finance & Accounting app prices shown are $/month

Please note: For comparison purposes the price for Tipalti AP Automation has been scaled monthly. Actual price is $/per year




Tipalti AP Automation Pricing Reviews

Pros
  • -Fairly easy to setup and integrate -Affordable -Good customer support -Visibility for vendors
  • Easy to manage vendor payments Reconciliations are straight forward Payments are easily executed
  • Simplifies the payment process, while supporting statutory compliance and all at a very reasonable cost.
  • The software is very accessible and the support team has been very supportive when it comes to some concerns about the product.
Cons
  • -Could allow for more customization -UI is a little antiquated but works
  • It is a bit pricey, but it will worth the price for its how it is useful
  • We could use improved standardized reporting, but all data can be easily exported and manipulated for reporting..
  • The cost is quite high compared to comparable alternative solutions and the user interface is less than user-friendly.
100%
recommended this to a friend or a colleague

Tipalti AP Automation features

API
Accounting Integration
Accounting Management
Auditing
Automatic Notifications
Electronic Payments
Invoice Management
Invoice Processing
Multi-Currency
Real Time Data
Third Party Integration

Activity Dashboard (111 other apps)
Automatic Reminders (80 other apps)
Billing & Invoicing (114 other apps)
Customizable Reporting (84 other apps)
Data Import/Export (90 other apps)
Expense Tracking (107 other apps)
Receiving (90 other apps)
Recurring Billing (78 other apps)
Reporting & Statistics (105 other apps)

Competitor Feature Comparison

Security and privacy

Encryption

Encryption of sensitive data at rest
HTTPS for all pages

Access control

Multi-factor authentication options

Data policy

Data backup in multiple locations/GEO regions
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GetApp Analysis

Tipalti is a world payment system that helps companies reduce the time needed to complete huge numbers of complicated payments to suppliers globally. It takes care of the international money transfer details that differentiate throughout the world, automating the processes associated with vendor, customer and affiliate payments on a global level, letting businesses focus their resources on other areas.

The software is suitable for use by companies that deal with multiple global partners and suppliers and therefore need to offer secure payment solutions to their partners around the globe. It is ideal for large enterprises with offices and services fragmented into multiple locations, and any business in charge of mass pay-out operations that is overwhelmed by the excessive manual effort required to keep up with payment processing, tax form collection and compliance, payment reconciliation reporting, and so forth.

Tipalti handles multiple currency conversions, international money transfer, payment processing, gathers all required tax forms, integrates with all international compliance regulations so that payees are kept in compliance with OFAC, prevents money-laundering, provides sophisticated payment fraud prevention tools, and serves as a platform for communication and resolution in the case of global payment issues. Its integrated reports system ensures that finance departments can get a detailed picture of the international payments activities broken down by payment method and supplier for a given time period.


What is Tipalti AP Automation?

The main purpose of Tipalti is to free up company resources that were previously struggling to cope with mass payments across the world. In addition to that, Tipalti handles tax, regulatory compliance, and fraud risk while raising the overall partner experience with faster international payments, less transaction errors, more diverse payment methods and currency options, and more streamlined communication.

Tipalti can help finance departments to easily get through time-consuming tasks such as international bank transfer, collecting necessary payment info by country, utilizing different location-based payment methods, collecting and sharing of tax forms, preparing 1099s, and performing payment reconciliation and reporting.


Who is Tipalti AP Automation for?

Tipalti can be helpful for any company that deals with a large number of multi-national publisher payments, affiliate payments, and vendor payments. This concerns a variety of business sizes and industry sectors, however it generally services the Network Economy, which includes online marketplaces, advertising networks, affiliate networks, crowd sourcing, crowd funding, and app and software monetization organizations.

The particular roles of the employees that will most likely use Tipalti are CFOs, Controllers, VPs and Directors of Finance, CEOs, COOs, Directors or VP Ops, VP Business Development / Partners / Publishers /Affiliates, depending on the company's industry, size and structure. Tipalti is currently being used by many world-wide operating companies such as Chartboost, TouchofModern, Boost Media, A4D, Disqus and Tapjoy.


Main features

Tax and regulatory compliance

Partner tax form collection is a time-consuming hassle and a regulatory concern with risk of fines and other punishment. Tipalti eases those worries by collecting all tax documentation directly within its payment system, making this information instantly available to the payer whenever needed. All necessary tax information is compiled in built-in 1099 reports.

Tipalti’s world payment system include a built-in database that covers over 190+ countries that is constantly updated so that payers are always up to date with constant changes to national tax laws and regulations across the world. Ongoing in-house IT payment system upgrades and maintenance costs are eliminated.

Payment currency and method selection for global payment

With Tipalti's global payment system, companies no longer need to restrict the countries they have partners in, nor do they need to limit the payment methods and currencies they offer to those global partners and suppliers. Each country has very different payment regulations, so performing payments throughout the world demands serious amounts of time and energy to gather all the required information and avoid payment transaction issues.

With Tipalti, partners can select which international currency they want to get paid in, saving them time spent converting their payments to the local currency and unneeded bank fees. This makes their collaboration and experience with a partner company of the highest quality.

Tipalti's payment processor also allows partners to choose the payment method they want to use based on their location of interest. Particular payment methods are preferred in different countries and each payment method has different information collection requirements by country so this capability provides both a better partner payment experience while minimizing the risk of payment processing errors on behalf of the payer. Supported payment methods are ACH, International ACH, eCheck, Wire Transfer, PayPal, Paper Check, Prepaid Card and Cash (via Western Union).

Payment issue resolution

Where financial transactions are performed, there must be solid and clear communication. Tipalti automatically handle the communication of payment issues directly with payees to collect missing information, or to resolve payment disputes, while automatically providing all notifications to the paying company. This saves the payer time from having to directly deal with these types of payment dispute communications and ensures there are no unnecessary delays in transactions.

Fraud protection

Tipalti's secure payment solutions prevent fraudulent behavior by automatically checking payee records against US and international blacklists (OFAC) to avoid payouts to suspected terrorists, money launderers, and drug traffickers.

Despite payees that have previously passed these tests, they are checked again during every payment cycle according to the US government data and Specially Designated Nationals lists being updated on a weekly basis. These built-in fraud control features remove legal and financial risk. The application can even suspend or block payees and freeze their payment process.

Payment reporting

Tipalti's online payment solutions include an integrated reporting system offers the payer and payee full visibility of the payment process and status of each payment, while payment reconciliation and 1099 reporting significantly streamlines the close period reporting process.

Users can access reports through the application's main dashboard, or get them delivered via email, API calls, daily FTP file updates and IPN. These reports can be used to aggregate all economical data into weekly, monthly or annual reports.


Integrations

As Tipalti is utilized by many affiliate and advertising network companies, it is important to be able to track the performance and traffic generation impact of each affiliate or partner, and to pay individuals accordingly. To cover this need, Tipalti integrates well with the CAKE digital marketing analytics software.

Tipalti can also integrate with HasOffers performance marketing analytics software, the popular QuickBooks finance and accounting software and the Netsuite ERP system. The API of the application integrates with a payer’s partner website for payee registration, payment method and currency selection and tax form collection through Tipalti’s iFrame system.


Pricing

Tipalti costs $750 per month plus a flat per transaction fee that vary according to the payment method that the payee chooses. Because of the nature of the service, there is no trial version available.

The software only comes in one standard version with the fixed aforementioned price and supports unlimited number of transactions, payees, suppliers, partners, collaborators, users and countries.


Bottom line

  • Easy, fast and secure world payment system
  • Affiliate program management and affiliate payments, publisher payment, and vendor payment
  • Fraud protection during international money transfer
  • Tax and regulatory compliance management for global payment
  • Multi-national transactions for international bank transfer
  • Up to 50% less labor costs and 25% less direct payment costs

Videos and tutorials

Additional information for Tipalti AP Automation

Key features of Tipalti AP Automation

  • Online payment solutions for pay-out processing
  • Affiliate payments processing
  • Customer & vendor payment processing
  • Self-Service Supplier Onboarding & Management
  • W-8/W-9 Tax Form Capture & Validation
  • 1099/1042-S Tax Prep Reporting & Withholdings Calculations
  • Local/VAT Tax ID Collection & Validation
  • Invoice Processing, PO Matching, & Approvals
  • Global Remittance - 190 Countries, 120 Currencies
  • Payment Methods: ACH, Wire, Prepaid Debit, PayPal, Check
  • Proactive Payment Status Communications
  • Early Payments
  • Payment Reconciliation & AP Reporting
  • ERP Integration
  • Performance Tracking Integration
  • Proactive OFAC & Other Sanctions Screening

Benefits

Wipe out 80%+ of manual accounts payable operational processes, including supplier onboarding, invoice processing with PO matching, tax compliance, global payments, supplier payment status communications, and payment reconciliation with your ERP system.

Reduce tax risk. Certified by KPMG, Tipalti collects US tax forms (W-9/W-8), validates form data, calculates tax withholdings, and automatically generates end-of-year 1099 and 1042-S tax preparation reports. For international payers, Tipalti collects and validates the local tax/VAT ID in 50 countries.

Ensure regulatory compliance and avoid fines. Every payee is proactively scanned against OFAC and international blacklists to avoid payouts to suspected terrorists, those involved in money laundering, and drug traffickers.

Strengthen financial controls with built-in audit logs, signatory rights, role-based views and privileges, and robust workflow approvals.

Transform AP to a revenue center by offering early payments to suppliers. Manage your cash flow better and increase negotiating leverage without impacting your working capital.

Enhance your partner payment experience by offering a broad range of global payment method and currency selection, and by improving payment accuracy and timeliness.