Tipalti
tipalti.comSummary
Tipalti provides a finance automation platform that streamlines accounts payable, mass payments, procurement, and employee expenses. It enables businesses to manage global payouts, automate invoice processing, ensure tax compliance, and prevent fraud through a unified system with extensive integrations.
Features10/15
See allMust Have
2 of 5
Transparent Low Fees
Fast Transfer Execution
Mid-Market Exchange Rate Transfers
Multi-Currency Account
Borderless Debit Card
Other
8 of 10
Batch Payments
API Integration
Business Account Features
Invoice Creation
Spending Analytics
Regulatory Compliance
Multi-User Access
Customer Support
Real-Time Rate Alerts
Mobile App
PricingTiered
See allStarter
- Supplier portal for self onboarding
- W9/W8 collection and TIN validation
- AI Smart Scan invoice processing
- Flexible bill approval rules builder
- Domestic multi-entity infrastructure
- Integrations with leading ERPs
- Option to add Card and Expenses
Premium
- Includes all Starter features, plus:
- Introductory procurement features, including intake, AI to auto-generate purchase requests and more
- 2 & 3-way PO matching
- Global multi-entity & multi-currency infrastructure
- Option to add Mass Payments
Elite
- Includes all Premium Features, plus:
- Fully featured, customizable and integrated Procurement solution
- Streamlined, cross-functional supplier review and communication
- Customized & advanced approval rules for purchase requests
- Budget management
- Integrations with Slack
Accelerate
- Customizable, embeddable payee self onboarding
- W9/W8 collection and TIN validation
- 50+ payment methods to 200+ countries in +120 currencies
- Two-way API sync with leading performance tracking software and ERPs
- Global multi-entity and multi-currency infrastructure
- Option to add Expenses
Plus
- Includes all Accelerate features
- Tipalti Detect® risk module for fraud monitoring
- Self-billing with payee approvals
- Access to Tipalti Developer Hub and APIs
- Option to add AP, Procurement, Expenses, and Card
Rationale
Tipalti is a finance automation platform primarily focused on accounts payable, mass payments, procurement, and expense management for businesses. While it handles global payments and currency management, it does not explicitly state offering mid-market exchange rates or a multi-currency account for holding balances in the same way Wise does for individuals and businesses. It focuses more on streamlining the payment process for businesses, including features like batch payments, API integration, and robust compliance. It mentions 'Advanced Currency Management' to 'Save on FX fees, reduce time and effort on conversions' and supports payments in 120 currencies to 200+ countries, implying competitive rates and transparent fees, but not explicitly 'mid-market exchange rate transfers' as a core value proposition like Wise. It also lacks a 'borderless debit card' for spending.
