Insights from Tipalti Reviewers
Based on 12 verified reviews published in the last 18 months
What positive or negative impact (i.e. Return on Investment or ROI) has Tipalti had on your overall business objectives?
12 answeredThis report analyzes 12 recent reviews to assess the return on investment (ROI) experienced by Tipalti users. A primary benefit cited by reviewers is the increase in efficiency and time savings, mentioned by 7 reviewers. This efficiency gain often translates into the ability to avoid hiring additional staff or to reallocate existing staff to other tasks. Several reviewers also highlight improvements in vendor onboarding and management (4 reviewers), as well as a more streamlined payment process (4 reviewers). Beyond efficiency, 3 reviewers specifically mentioned that Tipalti improved security and reduced the risk of fraud. While the sample size is small, the reviews suggest a generally positive impact on business objectives, centered around automation and improved control over accounts payable processes.
Improved efficiency and time savings
7 mentionsA majority of reviewers (7) report that Tipalti significantly improves efficiency and saves time. This is achieved thro…
A majority of reviewers (7) report that Tipalti significantly improves efficiency and saves time. This is achieved through automating invoice processing, streamlining accounting tasks, and reducing the need for manual data entry. Some reviewers specifically state that these efficiencies have led to headcount reduction or the avoidance of new hires.
Vendor onboarding and management
4 mentionsFour reviewers highlight the positive impact of Tipalti on vendor onboarding and management. The vendor portal is prais…
Four reviewers highlight the positive impact of Tipalti on vendor onboarding and management. The vendor portal is praised for reducing email traffic by allowing vendors to check their payment status independently. Reviewers also appreciate the ease of uploading vendor information and syncing it with accounting systems.
Payment process improvements
4 mentionsFour reviewers indicate that Tipalti facilitates improvements to the payment process. These improvements include faster…
Four reviewers indicate that Tipalti facilitates improvements to the payment process. These improvements include faster payment turnaround times, the ability to execute both domestic and global payments, and increased visibility into payment history and spending. Reviewers appreciate the increased flexibility and ease of the payment process.
Security and risk reduction
3 mentionsThree reviewers emphasize the security and risk reduction benefits of Tipalti. They cite the controls and governance fe…
Three reviewers emphasize the security and risk reduction benefits of Tipalti. They cite the controls and governance features that help reduce the risk of fraud. The vendor self-service portal is also noted as a security measure, protecting against phishing attempts by allowing vendors to update their own banking details.
Fraud protection and tax forms
2 mentionsTwo reviewers specifically call out the fraud protection tools and tax form collection features as positive aspects of…
Two reviewers specifically call out the fraud protection tools and tax form collection features as positive aspects of Tipalti. The fraud protection tools are seen as particularly helpful for managing account updates, while the tax form collection capabilities ensure that necessary details are retained.
Describe how you use Tipalti in your organization. What are the business problems the product addresses and what is the scope of your use case?
12 answeredThis report synthesizes 12 recent reviews to describe how users employ Tipalti within their organizations, focusing on the business problems it addresses and the scope of its use cases. A primary application of Tipalti, mentioned by 10 reviewers, is to automate accounts payable processes. Additionally, 4 reviewers cited using Tipalti for international payments. Reviewers appreciate Tipalti's ability to streamline workflows, reduce manual data entry, and enhance overall efficiency in accounts payable. The platform is also valued for simplifying vendor onboarding, invoice capture, and bill approval processes. For global companies, Tipalti facilitates efficient international payments, consolidating multiple bank file uploads into a single pay run.
Automated Accounts Payable
10 mentionsA significant majority of reviewers (10 out of 12) use Tipalti to automate their accounts payable processes. They repor…
A significant majority of reviewers (10 out of 12) use Tipalti to automate their accounts payable processes. They report that Tipalti reduces the time spent on manual tasks such as data entry and invoice approvals, leading to increased efficiency and transparency. Reviewers also highlight the simplification of vendor onboarding, invoice capturing, and bill approval as key benefits.
International Payments
4 mentionsFour reviewers specifically mention using Tipalti for international payments. These reviewers appreciate Tipalti's abil…
Four reviewers specifically mention using Tipalti for international payments. These reviewers appreciate Tipalti's ability to handle payments to partners and vendors in multiple countries and currencies. They also note that Tipalti simplifies the process of making international payments by allowing them to consolidate multiple bank file uploads into a single pay run.
Please describe how Tipalti’s platform has contributed to your organization’s efficiency. This could be through saving time on accounting tasks, supplier onboarding, tax compliance, approval workflows, allowing your teams to allocate their time elsewhere on more strategic initiatives, or saving money due to the need for fewer staff members.
12 answeredBased on a review of 12 recent customer reviews, Tipalti's platform is frequently praised for contributing to organizational efficiency, primarily through time savings and automation. Time savings on various accounting tasks is the most commonly cited benefit, mentioned by 9 reviewers. Several reviewers (7) also highlight the automation capabilities of the platform, leading to increased efficiency. The benefits of time savings and automation often translate into the ability to maintain a lean team and allocate resources to more strategic initiatives. While the overall sentiment is positive, the small sample size suggests caution in generalizing these findings.
Time savings on tasks
9 mentionsA significant number of reviewers (9 out of 12) report that Tipalti saves them considerable time on accounting tasks. T…
A significant number of reviewers (9 out of 12) report that Tipalti saves them considerable time on accounting tasks. This time savings stems from features like automated invoice processing, vendor portals, and streamlined syncing, reducing the need for manual data entry and reconciliation.
Automation and efficiency
7 mentionsMore than half of the reviewers (7) emphasize the automation features of Tipalti, which drive efficiency gains. Reviewe…
More than half of the reviewers (7) emphasize the automation features of Tipalti, which drive efficiency gains. Reviewers appreciate the automation of journal entries, tax reports, and bill approvals, as well as OCR functionality for document processing. This automation reduces manual work and improves accuracy.