Home > Accounting Software > Tipalti > Tipalti vs QuickBooks Pro

Tipalti vs QuickBooks Pro

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Our analysts compared Tipalti vs QuickBooks Pro based on data from our 400+ point analysis of Accounting Software, user reviews and our own crowdsourced data from our free software selection platform.

Overview Pricing Benefits & Features User Ratings Analyst Summary Screenshots
Tipalti Software Tool
QuickBooks Pro Software Tool
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Product Basics

Tipalti is an accounting solution that automates payables and invoice-to-pay-to-reconciliation procedures, allowing companies to adapt and thrive with updated practices while keeping payables hassle-free, safe and more efficient. Its scalability enables users to pay a large population of suppliers for digital goods and services.

Supplier and invoice management, payment reconciliation, tax and value-added tax (VAT) compliance and self-billing are its top features.
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QuickBooks Pro is a program designed to efficiently execute bookkeeping processes such as invoicing, cost tracking, receipt scanning and more while offering users a third eye on their finances by displaying the most current information in comprehensive dashboards and reports.

Inventory and sales tax tracking, accounts payable management and bill management are some of its quintessential features.
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$129 Monthly
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$45 Monthly
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Tailored to your specific needs
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Windows
Mac
Linux
Android
Chromebook
Windows
Mac
Linux
Android
Chromebook
Cloud
On-Premise
Mobile
Cloud
On-Premise
Mobile

Product Assistance

Documentation
In Person
Live Online
Videos
Webinars
Documentation
In Person
Live Online
Videos
Webinars
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support

Product Insights

  • Initiate Supplier Collaboration: Input information into the Supplier Hub extension that's either hosted by Tipalti or a white-labeled iFrame that easily meshes with the HTML of a user's website. Users can personalize the Supplier Hub to match their brand's appearance, allow their suppliers to upkeep accurate information about their data and deplete duplicate registrations to ensure an orderly vendor master file. 
  • Group Invoices: Handle numerous invoices in a batch or single workflow with the invoice management element's payment processing tool. It's feasible to classify invoices for payment no matter which organization they're from or what payment method they're implementing. Users may also hold supplier payments if competent funds aren't available instantly. 
  • Establish Varying Tolerances: Develop tolerance boundaries per amounts or percentages so an invoice is still labeled "considered" if it falls within the tolerance benchmark. Users may produce rules for freight, delivery, taxes and discounts as well as slash the number of exceptions that need more investigating. This program also enhances first-time match rates to pare expenses. 
  • Comply with Tax Regulations: Follow IRS tax provisions to a tee and update in real time with the tax and VAT compliance element. This tool enables users to require all payees to complete the proper tax forms or input their VAT or local tax ID for the self-registration process. Users may also define tax ID submission as a requirement during onboarding whether or not they hit the IRS $600 benchmark. 
  • Robust Controls to Oversee Funds: Employ vigorous internal controls that secure funds that leave companies with the global payment function. It manages payment operations and comes with unlimited payment approvers, modifiable workflows and role-based access. Users can initiate audit trail logs to chronicle user activity within the application to verify that they consistently have an auditable archive. 
  • Conduct Internal Self-Billing: Direct bills for approval after invoices have been drafted via comma-separated values (CSV) or with this software's application programming interface (API) with the self-billing module automatically. According to payee preferences, users can draft and deliver bills to their internal finance team for approval and carry out payments. 
  • Clear Transaction Insights: Exhibit detailed knowledge for each attempted and completed payment with the payment reconciliation appliance. Auto-highlight unmatched transactions to payout bank account statements and payout instructions such as rejected payments. Users may also export these reports to Excel spreadsheets for additional evaluation to ensure a speedy month-end close. 
  • Easily Detect and Rectify Fraud: Supervise the full supplier payments operation to surveil applicable data points— i.e., contact details, account numbers, emails and payments — to pinpoint patterns and identify possible fraudsters within your network with the detect accessory. 
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  • Initiate Payment Reminders: Notify patrons of invoice payment deadlines so users can receive payments sooner with automatic payment reminders. 
  • Attach Purchase Orders: Attach purchase order numbers to invoice emails so clients can swiftly locate and pay them on time without losing them in a sea of emails, thus initiating prompt payments. 
  • Bind Several Invoices to One Email: Amalgamate several invoices into one email, saving time on sending numerous emails and preventing bottlenecks in their customer payment processing. 
  • Detailed Customer Reports: Conceal specific columns in customer reports to analyze straightforward client totals to find the appropriate information in less time. 
  • Ease of Use: Obtain a plethora of features after hitting the F1 key. Features include improved help content, a search engine and access to certified financial experts via messaging and call back options to ensure users always have a helping hand if obstacles arise. 
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  • Collect Tax Forms: Browse and choose the exact forms with more than 1,000 rules and TIN matching confirmation details with the tax form selection wizard extension on the supplier management appliance. There are end-of-the-year 1099 and 1042-S reports that offer submission-ready documents to superintend reporting to federal and state authorities, including withholdings. The tax compliance features are KPMG-approved meets all IRS requirements. 
  • Swiftly Send Invoices: Send invoices via email or upload them to their portal to track their progress with the inventory management component. Users can deliver invoices directly to their accounts payable alias, import them directly from the supplier or AP Hubs and clone protection notifications if the bill looks similar to a previous invoice. 
  • Customize Purchase Orders (PO) Agreements: Work with PO operations that save users time and effort thanks to the PO matching apparatus. Users gain greater compliance with their company's purchasing policies. Every invoice goes through benchmark optical character recognition (OCR), advanced data collection and approval operations before the payment is processed. 
  • Meet International Tax Compliances: Leverage local and VAT tax ID collection for non-US payers via the tax and VAT compliance feature. This tool can monitor document collection for European regions so vendors may add supplementary information accordingly and activate self-billing invoices when suppliers need to approve invoices before handling them. 
  • Full Payment Visibility: Keep suppliers in the loop about processed payments in addition to failed expenditures and why they failed with the global payment appliance. Suppliers may also review their complete payment history with the online portal function, eliminating spent-hours on troubleshooting. This component notifies payees if additional details are needed to complete the payment, whether or not tax forms need updates and more. 
  • Perform Payee Approval Self-Billing: Generate bills and mark them as pending payee approval or pending payee invoice — depending on their specific country — with the self-billing appliance. This apparatus formulates bills via API or CSV and enables payees to receive email alerts to approve bills. Payees may approve bills or provide emails as well as initiate payments that align with payee preferences. 
  • Integrate with Other ERP and Accounting Software: Sync payment results with their ERP or accounting solutions automatically via the payment reconciliation tool. This tool reduces extra work for teams within a user's business, diminishes errors and depletes unnecessary stress during close processes. 
  • Upkeep Archives of Suspicious Actions: Stay on top of threatening activities by keeping backlogs of case records to know who evaluated a case, its assessment date, the outcome and why with the detect appliance. Users can print intricate payee reports to review why a payee is blocked and what stage of risk the payee inhabits. This tool aids users in stopping swindlers before making a payment, saving their company money. 
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  • Inventory Management: Trace products, prices of goods and receive alerts when their inventory is running low with the inventory management accessory. This tool also enables effortless inventory adjustments to chronicle loss, theft and reduction. Users can draft purchase orders to stay in the loop of ordered goods. 
  • Monitor Sales Tax:  Determine which clients and merchandise are taxable and promptly document sales tax throughout the month with the sales tax apparatus. Users may leverage this tool to produce sales tax liability sheets to have an accurate snapshot of how much they owe. 
  • Personalized Invoices: Formulate sophisticated invoices and estimates to bill services, products and billable time and expenses with the invoicing component. This accessory also enables users to approve payments directly from invoices and deliver reminders to patrons about outstanding fees. 
  • Upkeep Bills: Trace bills and purchases in one system with the bill and accounts payable management tool. Users can upkeep cash flow, swiftly respond to unpaid bills and automatically receive early pay discounts. 
  • Monitor Profits and Expenditures: Link banks and credit cards to instantly export transactions with the income and expense tracking module. Users may also arrange their expenditures and profits by a particular customer, vendor or employee center. 
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Product Ranking

#11

among all
Accounting Software

#15

among all
Accounting Software

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User Sentiment Summary

Great User Sentiment 487 reviews
Great User Sentiment 4867 reviews
89%
of users recommend this product

Tipalti has a 'great' User Satisfaction Rating of 89% when considering 487 user reviews from 5 recognized software review sites.

86%
of users recommend this product

QuickBooks Pro has a 'great' User Satisfaction Rating of 86% when considering 4867 user reviews from 5 recognized software review sites.

4.8 (14)
4.6 (11)
4.5 (204)
4.3 (1495)
n/a
4.34 (1503)
4.7 (129)
4.3 (1217)
4.0 (2)
n/a
4.2 (138)
4.2 (641)

Synopsis of User Ratings and Reviews

Implementation: Of the users who addressed this solution's implementation process, 58% said it was fast, easy and pleasing.
Customer Support: Approximately 69% of users who mentioned this program's customer support said employees were reliable and quick to respond.
Performability: Of the users who spoke of the application's overall performance, nearly 82% said it was user friendly, easy to use and centralized payable options in one location.
Functionality: Roughly 54% of users who discussed this solution's functionality revved about the easy transfer management, invoicing and various payment methods such as ACH, e-check, PayPal and wire.
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Interface: Approximately 58% of users who addressed this platform's interface said it's user friendly and easy to learn.
Performance: Of the users who discussed this solution's performance, 63% said it's easy to navigate, reliable, keeps everything organized and is useful for various industries.
Modules: Roughly 72% of users who mentioned this program's features said it has a simple payroll module, its invoices make businesses look more professional and seamlessly reconciles bank accounts.
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Interface: Of the users who addressed this solution's interface, 41% said it was clunky.
Reporting: Approximately 45% of users who discussed this software's modules said the reporting function either couldn't customize reports or duplicates reports unnecessarily.
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Implementation: Of the users who addressed this software's implementation process, 41% said it was difficult and lengthy.
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Tipalti is a robust accounting ERP that streamlines all workflows and bookkeeping needs. Its implementation is comfortable and pleasing to users. Its performance is impeccable because it provides a centralized location for various payment options and its modules — tax compliance, billing, invoicing, payment management and more — offer efficient bookkeeping needs. Users also agree that the customer support team is quick to respond and resolve problems. Despite some users' sentiments about the clunky interface and non-flexible reporting apparatus, most find this solution as a handy asset.

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QuickBooks Pro is an effective bookkeeping ERP with a user-friendly interface and is simple to learn. Users swoon over this product's features - such as inventory management, sales tax, invoicing, bill management and more — that provide balance and income sheets, execute double-sided accounting, reconcile bank accounts and are qualified for small businesses. The performance is exceptional because it's reliable, easy to navigate, arranges everything in an orderly fashion and is suitable for numerous industries. Negatively, some users find that the implementation process is challenging and lengthy. Overall, the majority see this program as a handy asset.

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Screenshots

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Accounting Practice Management Software
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Automated Billing Software
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Bookkeeping Software
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