Streamlining and automating financial processes is crucial for businesses of all sizes. Tipalti has emerged as a popular player, offering tools to simplify global mass payments and accounts payable. However, like any software solution, Tipalti isn’t perfect and might not be ideal for every organization.
In this post, we’ll explore the areas where Tipalti falls short and six alternatives worth considering.
Where Tipalti Falls Short
While Tipalti boasts a comprehensive feature set, there are some drawbacks to consider in order to make an informed decision:
- Complexity and steep learning curve: Tipalti’s extensive functionality can be overwhelming, especially for smaller businesses or teams with limited resources. The interface can be complex, requiring a significant time investment to fully grasp and utilize all capabilities.
- Cost: Tipalti’s opaque pricing structure can be a barrier for some businesses, particularly startups and smaller enterprises. The various tiers and add-on options can quickly increase costs, making it less budget-friendly compared to other alternatives.
- Vendor account required & lack of branding: Tipalti requires vendors to set up an account as part of the onboarding process. Vendors have to sign up through a Tipalti-branded portal, creating confusion for vendors and contractors who have no idea who Tipalti is.
- API for cross-border and mass payouts: Tipalti’s API doesn’t support cross-border or mass payouts, limiting your automation capabilities.
- Customer support: Some users have reported issues with Tipalti’s customer support, citing slow response times and difficulties in resolving complex problems. This can be frustrating when urgent assistance is needed.
- Limited customization: While Tipalti offers some customization options, users have reported limitations in tailoring the platform to their specific workflows and processes. This lack of flexibility can be a hindrance for businesses with unique requirements or those looking for a highly personalized solution.
6 Best Tipalti Alternatives
Here are the six Tipalti alternatives we’ll cover in this post:
- Routable
- BILL
- Stampli
- Quadient AP by Beanworks
- MineralTree
- AvidXchange
| Product | Summary | Best for |
| Routable | Excels in user-friendly automation, offering a straightforward experience for high-volume payouts. Flexible payment options and real-time tracking simplify the workload for finance teams. | Fast-growing businesses handling a high volume of B2B transactions, valuing intuitive design, customizable workflows, and payout flexibility. |
| BILL | Automates AP/AR processes with an intuitive interface, ideal for small businesses. Integrates with popular accounting software, minimizing manual data entry and reducing errors. | SMBs seeking an easy-to-use, integrated solution for basic invoice and payment management, with a focus on core AP/AR tasks. |
| Stampli | Automates manual AP tasks, providing valuable insights into invoice processes. Collaboration features foster teamwork, ideal for businesses seeking data-driven AP optimization. | Mid-sized to large businesses with complex AP workflows, seeking to leverage AI for efficiency gains and process optimization. |
| Quadient AP | Highly customizable AP automation solution, adaptable to diverse business needs and industries. End-to-end automation and a user-friendly supplier portal make invoice processing a breeze and enhance vendor relationships. | Businesses of all sizes seeking a highly configurable AP solution with a focus on supplier collaboration and customization. |
| MineralTree | Security and compliance features make this a good choice for mid-sized businesses prioritizing data protection. Simplifies AP and payment automation with an intuitive interface, reducing manual intervention and risk. | Mid-sized businesses handling sensitive financial data, seeking a secure and user-friendly AP automation solution. |
| AvidXchange | Enterprise-grade AP automation solution with powerful integration capabilities. Offers comprehensive features, robust reporting, and scalability for large organizations with complex financial operations. | Large enterprises with complex AP workflows, requiring extensive integrations and in-depthreporting capabilities. |
Routable
Routable is a modern finance platform designed to streamline and automate complex payment processes. It focuses on delivering a seamless experience for both senders and receivers, making it ideal for businesses that handle a high volume of B2B transactions. Routable’s user-friendly interface and emphasis on automation empower finance teams to work more efficiently and effectively.
Key features
- Automated payouts: Routable automates the entire payout process, from vendor onboarding to reconciliation, eliminating manual tasks and reducing errors.
- Flexible payment options: The platform supports a wide range of payment methods, including ACH, wire transfers, checks, and virtual cards, catering to diverse recipient preferences.
- Real-time tracking: Routable provides real-time visibility into payment status, enabling businesses to track their finances with accuracy and confidence.
Why choose Routable over Tipalti
Routable is a compelling alternative to Tipalti due to its superior user experience, emphasis on automation, and flexible payment options. Unlike Tipalti, Routable has a more intuitive interface and a shorter learning curve, making it easier for finance teams to quickly adopt and utilize the platform to its full potential. Robust automation capabilities, coupled with real-time tracking and a wide range of payment methods, make Routable a powerful solution for businesses seeking to streamline their financial operations and enhance efficiency.
Here’s what you get with Routable:
- Streamlined bill payments: Routable simplifies and speeds up the bill payment process, offering options like ACH transfers, SWIFT, and paper checks.
- Customizable approval workflows: Flexible approval workflows can be tailored to match your exact business rules, as granular as you need, ensuring control and accountability.
- Integration with accounting software: Routable connects and syncs in real-time with popular accounting solutions like QuickBooks Online, NetSuite, and Sage Intacct.
- Ease of use: Routable is known for its intuitive interface and user-friendly setup, which makes it accessible even to those with limited technical expertise.
- Transparency and visibility: Real-time tracking of payments and invoices provides enhanced visibility into your company’s financial operations. And audit trails make it easy to manage compliance.
In summary
Routable is one of the best Tipalti alternatives that excels in user experience, automation, and flexibility. It empowers businesses to simplify complex payment processes, improve efficiency, and gain greater control over their finances.
BILL
BILL (formerly Bill.com) is a cloud-based platform that simplifies and automates financial operations for small and medium-sized businesses. It focuses on accounts payable (AP) and accounts receivable (AR) automation, offering features such as invoice management, payment processing, and cash flow management. BILL is known for its user-friendly interface and integration with popular accounting software.
Key features
- Invoice automation: BILL automates invoice capture, approval, and payment, reducing manual data entry and speeding up the AP process.
- Payment Processing: The platform supports various payment methods and allows businesses to schedule and track payments easily.
- Cash flow management: BILL provides tools to monitor cash flow, forecast future balances, and make informed financial decisions.
Why choose BILL over Tipalti
BILL can be a suitable alternative to Tipalti for businesses seeking a simplified, cost-effective, and user-friendly solution for AP and AR automation. While Tipalti offers a broader range of features, BILL focuses on core financial processes, making it easier to navigate and implement. BILL’s integration with popular accounting software is another advantage, streamlining financial workflows and reducing the need for manual data transfer.
In summary
BILL is a solid choice for businesses seeking a user-friendly and straightforward solution for AP and AR automation. Its integration with popular accounting software and focus on core financial processes make it a viable alternative to Tipalti.
Stampli
Stampli is an AI-powered accounts payable (AP) automation platform designed to streamline invoice management and approval workflows. It leverages artificial intelligence to learn a company’s unique AP processes, automate tasks, and provide insights to optimize financial operations. Stampli is known for its intuitive interface and collaboration features, making it easy for teams to work together on AP tasks.
Key features
- Invoice automation: Stampli’s AI engine automates invoice capture, coding, routing, and approval, reducing manual effort and improving accuracy.
- Collaboration hub: The platform offers a centralized communication hub where teams can discuss and resolve invoice-related issues in real-time.
- Advanced analytics: Stampli provides insightful analytics and reporting tools to track AP performance, identify bottlenecks, and optimize processes.
Why choose Stampli over Tipalti
Stampli is a strong contender for businesses seeking an AI-powered AP automation solution that prioritizes collaboration and data-driven insights. While Tipalti offers a wider range of financial management tools, Stampli’s focus on AP automation, coupled with its AI capabilities and intuitive interface, can be a more efficient and effective choice for businesses looking to optimize their invoice management processes. Stampli’s emphasis on collaboration also sets it apart, making it easier for teams to work together seamlessly on AP tasks.
In summary
Stampli is a compelling option for businesses looking to leverage AI and collaboration to streamline their AP processes. Its intuitive interface, focus on AP automation, and advanced analytics make it a viable alternative to Tipalti for companies prioritizing efficient invoice management.
Quadient AP by Beanworks
Quadient AP is a cloud-based accounts payable (AP) automation solution designed to streamline invoice processing and payment workflows. It offers a comprehensive suite of features, including invoice capture, approval routing, payment processing, and supplier management. Quadient AP is known for its scalability and customization options, making it adaptable to businesses of all sizes and industries.
Key Features
- End-to-end AP Automation: Quadient AP automates the entire AP process, from invoice capture to payment, reducing manual intervention and minimizing errors.
- Customizable workflows: The platform allows businesses to create custom approval workflows and routing rules to match their specific processes.
- Supplier portal: Quadient AP provides a self-service portal for suppliers to submit invoices, track payment status, and communicate with buyers.
Why choose Quadient AP over Tipalti
Quadient AP can be a suitable alternative to Tipalti for businesses seeking a scalable and customizable AP automation solution. While Tipalti offers a broader range of financial management tools, Quadient AP’s focus on AP automation, coupled with its customization options and supplier portal, can be a more tailored and efficient choice for businesses looking to optimize their invoice processing workflows.
In summary
Quadient AP is a robust AP automation solution known for its scalability and customization options. Its end-to-end automation, customizable workflows, and supplier portal make it a viable alternative to Tipalti for businesses seeking a tailored AP solution.
MineralTree
MineralTree is a cloud-based accounts payable (AP) and payment automation platform designed for mid-sized and growing businesses. It focuses on streamlining invoice processing, payment approvals, and payment execution, offering features such as invoice capture, approval workflows, and various payment methods. MineralTree is known for its user-friendly interface and emphasis on security and compliance.
Key features
- Invoice capture: MineralTree automates invoice capture through OCR technology, reducing manual data entry and minimizing errors.
- Approval workflows: The platform enables businesses to create custom approval workflows based on invoice amount, vendor, or other criteria.
- Payment automation: MineralTree supports multiple payment methods, including ACH, checks, and virtual cards, and allows businesses to schedule and track payments easily.
Why choose MineralTree over Tipalti:
MineralTree can be a suitable alternative to Tipalti for mid-sized businesses seeking a user-friendly and secure AP and payment automation solution. While Tipalti offers a wider range of financial management tools, MineralTree’s focus on AP and payment automation, coupled with its emphasis on security and compliance, can be a more appealing choice for businesses prioritizing streamlined invoice processing and secure payments.
In summary
MineralTree is a reliable choice for mid-sized businesses looking for a user-friendly and secure AP and payment automation platform. Its focus on AP and payment automation, coupled with its emphasis on security and compliance, make it a viable alternative to Tipalti.
AvidXchange
AvidXchange is a cloud-based accounts payable (AP) and payment automation platform designed for mid-market and enterprise businesses. It offers a comprehensive suite of features, including invoice capture, approval workflows, payment processing, and supplier management. AvidXchange is known for its scalability, integration capabilities, and robust reporting features.
Key features
- Automated invoice processing: AvidXchange automates invoice capture, coding, routing, and approval, reducing manual effort and improving accuracy.
- Payment automation: The platform supports various payment methods, including ACH, checks, and virtual cards, and enables businesses to schedule and track payments efficiently.
- Supplier management: AvidXchange provides a supplier portal for self-service invoice submission and payment tracking, improving supplier relationships.
Why choose AvidXchange over Tipalti
AvidXchange can be an ideal alternative for mid-market and enterprise businesses seeking a scalable and feature-rich AP automation solution. While Tipalti offers a broad range of financial management tools, AvidXchange’s focus on AP automation, its extensive integration capabilities, and reporting features make it a more comprehensive choice for businesses with complex AP workflows and a need for in-depth financial analysis.
In summary
AvidXchange is a robust and scalable AP automation solution tailored for larger organizations with complex financial operations. Its comprehensive feature set, powerful integrations, and robust reporting capabilities make it a compelling alternative to Tipalti for businesses seeking a comprehensive AP solution.
Conclusion
Tipalti has become a popular choice for invoice processing and accounts payable automation. However, several alternatives in the market offer more functionality and may even have additional features to suit different business needs.
Routable is the best Tipalti alternative for businesses seeking faster, more streamlined accounts payable processes. Its focus on speed and two-way accounting software integration leads to significant time and cost savings.
Routable’s user-friendly interface and emphasis on customization ensure it adapts to your unique needs. If you’re looking to modernize your AP while maximizing efficiency and minimizing hassle, Routable is the clear choice.
