Compare The 5 Best Tipalti Alternatives And Competitors

Comparison criteria.

The following factors come into play when selecting Tipalti alternatives:

• The breadth and depth of platform features.
• User-friendly interface and navigation.
• Pricing model and transparency.
• Ratings and reviews.

Overview: Tipalti alternatives and competitors.

1. Airbase.

Airbase tops the list of Tipalti alternatives for businesses looking for comprehensive procurement, accounts payable, expenses, and corporate card solutions.

Airbase supports advanced approval workflows across subsidiaries

Best features.

• End-to-end P2P platform: Robust tools to streamline procurement, accounts payable automation, reconciliation, and expense management.
• Granular approval flows: Drag-and-drop builder to set up custom approvals for each purchase request and spend.
• Smart receipt capturing: Combines the power of AI, machine learning (ML), and OCR technology to capture invoices and generate expense reports.
• Step-by-step procurement guidance: Guides employees throughout the purchase request process with real-time adaptation of forms and requests.
• Vendor collaboration tools: A vendor management portal, customizable vendor questionnaire, and approval workflows streamline vendor management.
• Global payment capabilities: Supports international payment across 200+ countries and 145+ currencies via multiple payment methods.
• Native integrations: Offers native and custom integrations with major GLs, 70+ ERPs, HRIS, and other business systems.
• 24/7 fraud surveillance: Helps prevent fraud with a dedicated fraud investigation team.

Airbase G2 rating: 4.8/5

Airbase pricing.

Airbase’s packages are spread across the categories of Standard, Premium, and Enterprise. These modules can be purchased individually or opt for the integrated platform that includes all the modules. There are also add-ons available for travel, POs, approval workflows.

Customers and best suited for:

• Company size: Mid-market to large enterprises (with 50 to 10,000 employees).
• Solution needs: Businesses looking for a holistic P2P solution that includes Guided Procurement, AP Automation, Expense Management, and Corporate Cards.

2. Corpay.

From accounting automation and expense tracking to payment approvals and corporate cards, Corpay One offers solutions to help businesses improve their spend management processes. It may not be one of the suitable Tipalti alternatives if your business is looking for mass payment support, financial reporting, and supplier management.

Expense reports can be submitted on the go via the app

Best features.

• No-code automation: Allows users to build custom approval workflows based on actions and triggers, such as amount, bill type, vendor, and currency.
• Approvals: Enables quick approvals from Slack, the mobile app, and the web application.
• Corporate card with controls: Offers Corpay One Mastercard while enabling admins to set spend limits by category or amount.
• International payment options: Supports international wire payments to 30+ countries as well as vendor payments through ACH, check, and Corpay One Mastercard.

Corpay G2 rating: 4.2/5

Corpay pricing.

Corpay One does not charge a platform fee. However, users have to pay a transaction fee for each payment type in addition to paying for documents they upload. The per-document fee ranges from $0.50 for 1-500 documents per month to $0.35 per document for 2001+ documents per month.

Customers and best suited for:

• Company size: Small to mid-market businesses with 10-200 employees.
• Solution needs: Companies that use QuickBooks or Xero and need basic AP automation and expense management solutions.

3. SAP Ariba.

Since acquiring ariba.com, a spend management platform in 2012, SAP Ariba offers a range of P2P tools for businesses of all sizes.

With a focus on improving collaboration and efficiency of financial operations, SAP Ariba provides procurement, sourcing, invoicing, and supplier management solutions.

Spot Buy feature offers pre-vetted vendors for emergency purchases

Best features.

• Advanced sourcing capabilities: Offers sophisticated sourcing tools for RFx management, identifying sourcing opportunities, and negotiating contracts.
• Procurement tools: Boosts user adoption by providing an online shopping experience for purchase, including a list of preferred suppliers, a search tool, product catalogs, and Spot Buy feature.
• Approval routes: Helps set up approval workflows that can be modified using drag-and-drop functionality.
• Digital invoicing and reconciliation: Captures invoices through web interface and mobile apps.
• Analytics: Offers a configurable dashboard for viewing custom reports on invoices in addition to metrics on suppliers, cost centers, commodity code, and projects.

SAP Ariba G2 Rating: 4.1/5

SAP Ariba pricing.

Pricing information is not available on the website.

Customers and best suited for:

• Company size: Mid-market and large enterprises.
• Solution needs: Companies that are looking to digitize procurement, sourcing, and invoicing processes.

4. Teampay.

Teampay features in our list of alternatives to Tipalti as it offers similar features — AP automation, expense management, virtual cards, and guided purchase. Some of the USPs of Teampay include its Slack integration for managing approvals and real-time updates of transaction data for complete spend visibility.

Purchase Assistant guides employees in making compliant purchases

Best features.

• AP automation: Streamlines AP processes with automated workflows and approvals that can be managed on Slack and the mobile app.
• Receipt capturing: Captures receipts effortlessly via mobile uploads or email.
• Expense management: Offers pre-approved virtual cards and enables tracking and managing of expenses with real-time visibility over spend.
• Purchase assistant: Assist users in making smart purchasing decisions by providing insights, recommendations, and budget controls.

Teampay G2 rating: 4.4/5

Teampay pricing.

Teampay has not provided pricing information on its website.

Customers and best suited for:

• Company size: Small to mid-market businesses and enterprises.
• Solution needs: Businesses seeking an AP automation and spend management software that integrates with Slack.

5. Yooz.

If you are on the lookout for Tipalti competitors that have basic AP automation capabilities and are easy to use, Yooz may be a candidate.

In addition to batch invoice management, Yooz leverages ML, AI, and big data, to automate GL coding, PO matching, and invoice processing across a network of vendors.

With a few clicks, users can create a purchase request on Yooz

Best features.

• PO automation: Makes it easy for employees to create purchase requests while generating POs upon approval.
• Invoice capturing: Offers multiple ways to capture invoices, POs, and other documents including email, imports, mobile uploads, bulk.
• Custom approval flow: Enables admins to set up approval flows or employees can select an approver from a dropdown list.
• Automated coding: Leverages ML, AI, and big data to automate GL coding and PO matching across a network of vendors.
• Payment system: Allows users to approve and make payments using YoozPay while payments get updated on the ERP system.
• Document segregation: Differentiates batches of invoices and prevents their duplication with YoozStamp.

Yooz G2 rating: 4.4/5

Yooz pricing.

Yooz offers a free 15-day trial. The paid plan, Gold Edition, is priced based on the number of documents processed.

Customers and best suited for:

• Company size: Small to large businesses.
• Solution needs: Companies looking for a simplified AP automation platform in addition to automatic segregation of documents.

Airbase vs Tipalti.

In this section, we focus on Airbase vs Tipalti comparison to help you choose the best solution for your business.

What does Airbase do?

With its tailored modules, Airbase streamlines processes, enhances control, and ensures compliance across all financial operations. From dynamic expense tracking and automated payment processing to customizable virtual card rules and seamless integration with the general ledger, Airbase empowers organizations to drive greater efficiency.

Airbase solutions.

Guided Procurement.

The procurement module eliminates the need for using multiple systems to manage the P2P process. Intelligent automation ensures employees receive step-by-step guidance on creating a compliant purchase request. Airbase goes beyond most other Tipalti alternatives by dynamically updating approval workflows and forms based on users’ responses.

Admins can not only create custom workflow approvals using a no-code builder but also gain full visibility and control over the purchase process. Approvers can review and approve requests on Jira, Ironclad, and other systems that Airbase integrates with.

Accounts Payable Automation.

As one of the Tipalti alternatives to offer advanced AP automation, Airbase addresses the complexities faced by finance teams, particularly in multi-subsidiary environments. With a combination of OCR, machine learning, and AI, the system extracts the details of invoices, automatically matches bills with relevant POs, and provides comprehensive context on past payments, open POs, and bills.

Airbase scores over Tipalti by providing highly customizable approval workflows aligned with complex approval policies.

The platform auto-categorizes expenses while coding, tagging, and recording transactions into the GL to fast-track the month-end close. With direct payment support, users can pay vendors quickly across 200+ countries and 145+ currencies through ACH, check, virtual card, international wires, or vendor credits.

Expense Management.

From the ability to create an unlimited number of physical and virtual cards to rich spend analytics and more, Airbase offers all the features businesses need to streamline their expense management and reporting. Employees can submit receipts on the go, while the built-in machine learning and AI extract the key details to automatically generate expense reports.

Airbase scores over Tipalti by automating payments to approved expenses to employee bank accounts locally in the U.S. or in 44 supported countries and 14 currencies.

Corporate Cards.

Airbase offers robust tools for managing corporate spending with enhanced visibility and control. Users can generate an unlimited number of vendor-specific physical and virtual cards, while admins can control spending with granular spend limits.

The flexibility of selecting between one-time or recurring virtual cards helps manage ad hoc purchases and subscriptions.

Seamless integration with TravelPerk allows employees and supervisors to manage business trips.

Based on the accounting policies, Airbase automatically populates categories and tags while syncing all card-based transactions to the GL.

What does Tipalti do?

Tipalti is a well-known name in the field of financial automation. The platform streamlines AP processes by automating invoice capturing, approval workflows, and payments in multiple currencies. By integrating its corporate card, Tipalti’s expense management feature makes it easy to track, manage, and reimburse expenses.

With the procurement feature, businesses can streamline supplier onboarding and communication. Tipalti offers tools for creating and managing purchase orders, approvals, and reconciliation within the platform.

Procurement.

Tipalti offers the expected procurement features, such as custom request forms and automated approval workflows. Once a request form is approved, Tipalti generates a PO in the integrated ERP while approvers can review and approve them on Slack or email. Users can email the POs to vendors from Tipalti while monitoring the status of purchase requests on the dashboard. In addition, Tipalti offers a Supplier Hub to facilitate vendor onboarding and a contract repository to manage contracts.

AP automation.

The platform automates the entire invoice cycle, from bill submission to payment. Vendors can scan and upload bills on the supplier portal, while OCR technology extracts the information to create invoices. Tipalti’s Matching Engine performs 2-way and 3-way PO matching while assigning bill-level coding, approvers, and payment entities using machine learning. While Tipalti supports global payments, transactions are reconciled with the ERP, streamlining month-end closing.

Global payments.

Tipalti API supports payments in 120 local currencies across 196 countries through payment methods, such as paper check, pre-paid debit card, PayPal, wire transfer, and global and US ACH. Payees can select their preferred payment mode through a self-service portal while payers can group invoices for payment.

Corporate card & expenses.

Tipalti offers a corporate spending card that integrates with Tipalti Expenses to consolidate spend. Admin can set custom policies and spend limits in addition to fast-tracking reimbursements with automated payments to multiple countries. Employees can submit their receipts via the mobile app while the platform parses the data using OCR technology to create an expense report. In addition to reconciling corporate card transitions to the ERP, Tipalti Expenses captures tax information for each expense.

In summary.

While Tipalti offers a range of solutions to streamline AP processes, procurement, and expenses, it is not a holistic P2P solution like Airbase. Unlike Tipalti, where purchase requisition and approval functions are managed outside the platform, resulting in fragmented PR and PO management experiences, Airbase provides an integrated procure, pay, close solution under a single platform, ensuring streamlined financial operations.

Tipalti users find that the platform’s transaction-based pricing lacks transparency and its pre-funded AP model negatively impacts cash flow. In contrast, Airbase’s predictable module-based pricing allows businesses to add features as they expand. With no requirement to pre-fund a virtual bank account, Airbase gives users complete control over their cash flow.

Another factor that makes Airbase one of the top Tipalti alternatives is the ease of implementation and use that scores over Tipalti’s legacy solution with an outdated user interface and time-consuming implementation.

Tipalti users also complain about syncing issues with ERP and faulty OCR technology. Above all, Airbase offers a dedicated fraud investigation team that monitors each transaction, making it the go-to solution for businesses that prioritize security and compliance.

See how Airbase represents the next generation of P2P solutions — book a demo with us!