Top Tipalti competitors and alternatives for AP automation

Tipalti is a market leader in AP automation. Their comprehensive platform handles everything from onboarding suppliers to processing invoices and making global payments. It's no wonder they've won over many businesses, especially mid-market companies looking for an end-to-end AP solution.

But here's the thing—there's no one-size-fits-all solution. Your company's needs are unique, and Tipalti might not be the perfect match. That's why it’s smart to explore Tipalti’s competitors and alternatives.

This guide will evaluate the top Tipalti competitors to help you find your ideal AP automation partner. We break down each alternative’s features, strengths, ideal use cases, and pricing so you can make an informed decision that meets your current and future requirements.

1. Nanonets

Nanonets is a pioneering AI-powered platform that revolutionizes business and accounting automation. While it offers a comprehensive suite of services, its accounts payable (AP) automation solution, Flow, leverages advanced machine learning, intelligent OCR, and no-code customization to help businesses of all sizes streamline their entire procure-to-pay lifecycle. By automating most invoice processing tasks, Nanonets enables companies to drastically reduce manual work, minimize errors, accelerate cycle times, and gain real-time visibility into cash flow and spending.

What sets Nanonets apart is its unique blend of powerful capabilities and exceptional usability. Its instant learning AI can extract data from diverse documents without prior training, and the extensive library of pre-built models and easy-to-deploy integrations allow non-technical users to achieve rapid time-to-value. With integration into major accounting and ERP systems like QuickBooks, Sage, and Xero and automation tools like Zapier, businesses can use best-in-class OCR to extract and export critical information from any invoice format.

It also automates data validation, reconciliation, and approval with pre-built workflows, making Nanonets an end-to-end AP platform. Whether you're a small business looking to eliminate manual data entry or a mid-market company seeking to optimize working capital through dynamic discounting, Nanonets offers the features, flexibility, and ease of use to supercharge your AP operations.

Nanonets vs. Tipalti comparison

While both Nanonets and Tipalti streamline AP processes, Nanonets is a compelling alternative. It offers advanced AI, superior user experience, and cost-effective pricing, making it a more accessible solution for businesses of all sizes looking to automate their AP processes without breaking the bank. In contrast, Tipalti has a steeper learning curve and can feel slow and clunky, hindering productivity during critical periods like month-end close.

Here's a table comparing Nanonets and Tipalti:

Nanonets top features

1. AI-powered invoice processing: Provides automated invoice ingestion, AI-OCR data capture, three-way matching, approval workflows, and dynamic discounting.
2. Extensive ERP integrations: Connects with major systems like QuickBooks, Xero, Sage, and more.
3. Automated three-way matching: Compares POs, receipts, and invoices to prevent overpayments and fraud.
4. Customizable approval workflows: Routes invoices based on predefined rules, with reminders and alerts.
5. Intuitive user experience: Offers an intuitive interface for easy navigation, streamlined workflows, and efficient task execution.
6. Compliance made easy: Automatically generates audit trails and ensures invoices comply with regulatory requirements.

Who is Nanonets a good fit for?

Nanonets is the ideal AP automation solution for small to mid-sized businesses and departments dealing with complex, document-heavy processes. Its instant learning AI adapts to diverse document types from multiple vendors, while its no-code approach and robust templates enable quick customization without technical expertise.

Nanonets empowers teams to streamline workflows without compromising on advanced features or usability with AI-powered data extraction, extensive integrations, and an intuitive user interface. Whether you're a fast-growing startup looking to scale AP operations or an established mid-market company optimizing procure-to-pay cycles, Nanonets offers the flexibility, power, and ease of use to help you achieve your goals — without needing a tech-savvy team.

Price comparison

Nanonets offers transparent and flexible pricing that prioritizes customers, unlike Tipalti's opaque and complex model. Tipalti's plans start at a steep $129 per month and offer supplier portals, an approval rules builder, integrations with ERPs, and card and expense management. For advanced tiers, you may require consultation with account managers to determine your actual costs.

Nanonets’ pricing tiers:

Starter ($49 monthly per user OR $199 monthly for 5+ users): Processes up to 30 invoices monthly, including vendor management, standard ERP sync, and payment via bank transfer or credit card. Supports up to 10 users.

Pro ($69 monthly per user OR $499 monthly for 10+ users): Handles up to 150 invoices monthly, with all Starter features and up to 30 users.

Plus ($99 monthly per user; custom pricing for enterprise): Covers up to 500 invoices monthly, adds custom integrations, API access, dedicated account manager, custom data retention, multiple licensing options, and personalized team training.

This ensures you get the most value without paying for unnecessary extras, making Nanonets the smarter choice for businesses looking to optimize AP automation at a fraction of Tipalti's cost.

2. Airbase

Airbase is a comprehensive spend management platform that offers AP automation, corporate cards, and expense reimbursements. With its user-friendly interface, customizable workflows, and robust spend control features, Airbase helps organizations streamline their financial operations and manage vendor relationships efficiently.

The platform is particularly popular among venture-funded, midmarket companies in the software and technology sectors.

Tipalti vs. Airbase comparison

The two tools differ in their core focus and features. Tipalti specializes in comprehensive AP automation, offering features such as invoice processing, supplier onboarding, global tax compliance, and payments. Conversely, Airbase primarily focuses on corporate cards and spending management.

It provides a lightweight platform that offers basic AP automation, including invoice ingestion, approval workflows, and real-time synchronization with the general ledger. Airbase's corporate cards come with customizable spend controls, real-time transaction monitoring, and automated expense reconciliation. The platform streamlines expense management with an intuitive interface, automated expense tracking, and reimbursement processing.

Here's a comparison of Airbase and Tipalti:

Airbase top features

1. Accounts payable automation: Streamline the AP process with automated invoice ingestion, approval workflows, and real-time GL synchronization.
2. Corporate cards: Offers customizable spend controls, real-time monitoring, and automated expense reconciliation.
3. Expense management: Simplifies expense tracking, reimbursement processing, and amortization with an intuitive interface.
4. Spend controls: Offers budget limits, category restrictions, and vendor-specific rules for comprehensive spend management.

Who is Airbase a good fit for?

Airbase is best suited for venture-funded, midmarket companies with 100-5,000 employees, primarily in the software and technology sectors. It is ideal for businesses prioritizing corporate card spend management, requiring lightweight AP automation, having multiple subsidiaries, and needing customizable workflows in real-time.

Price comparison

Airbase offers three quote-based plans that each require custom pricing:

• Standard (Up to ~200 employees)
• Premium (Up to 500 employees)
• Enterprise (Up to 5,000 employees)

Airbase's pricing involves a flat annual fee for platform access, with certain usage limits for each product. Extra fees may apply, and advanced features are limited to higher-tier plans.

Like Tipalti, Airbase's pricing is slightly opaque and requires consultation with the sales team to determine actual costs. However, it is more modular, allowing customers to pay for specific features they need.

3. BILL

BILL is a cloud-based financial management platform designed for small- to mid-sized businesses. It offers streamlined accounts payable and receivable automation, features like invoice management, payment processing, financial reporting, and integrations with popular accounting software like QuickBooks, Xero, and Sage.

BILL vs. Tipalti comparison

Tipalti and BILL cater to different market segments, with Tipalti focusing on mid-market and enterprise companies and BILL targeting small businesses and solo operators. Tipalti offers advanced AP automation features, such as global mass payments, multi-entity support, and financial controls. In contrast, BILL provides a more affordable and user-friendly solution for basic AP and AR automation. While BILL excels in ease of use, vendor network, and credit access, Tipalti offers a more comprehensive and scalable set of features for complex financial processes.

Here's a comparison of BILL (formerly Bill.com) and Tipalti :

BILL top features

1. Automated invoice processing: Simplifies invoice creation, sending, and tracking, reducing manual effort and errors.
2. Seamless payment processing: Supports various payment methods and automates transactions for timely processing.
3. Accounting software integration: BILL integrates with QuickBooks, Xero, and Sage for accurate data synchronization.
4. Extensive vendor network: With over 4 million vendors, BILL simplifies supplier onboarding and management.
5. Business credit access: Users can access credit lines through BILL, enhancing financial flexibility.

Who is BILL a good fit for?

BILL is an ideal solution for small businesses seeking a user-friendly and affordable platform for automating basic AP and AR processes. Its straightforward features and intuitive interface suit companies with limited resources and simple financial management needs well.

Price comparison

BILL's pricing model is more transparent and modular than Tipalti's. BILL offers a free Spend and Expense platform with business credit access, spend management, and expense management. For additional features, BILL's Essentials tier starts at $45 per user monthly for AP or AR automation and $79 per user monthly for both AP and AR functionality. For automatic two-way sync with QuickBooks and Xero, custom user roles, cash flow prediction for AP, enhanced invoicing, and payment features for AR, you'll need to subscribe to their premium tiers. The affordable entry-level pricing and free plans make it attractive for small businesses looking to shift to automated workflows.

4. Stampli

Stampli is a modular AP automation platform that seamlessly integrates with over 70 ERPs. It is ideal for companies looking to streamline their AP processes with minimal disruption. With its user-friendly interface, centralized dashboards and documentation, customizable workflows, and AI-powered features, Stampli helps businesses optimize their invoice management and vendor communications.

Tipalti vs. Stampli comparison

While both Tipalti and Stampli offer robust AP automation solutions, they have distinct strengths. Tipalti provides advanced features for global payments, multi-entity support, and tax compliance. Stampli, on the other hand, excels in its ease of integration, intuitive interface, and AI-assisted invoice processing. Stampli's modular approach and rapid deployment make it a compelling choice for businesses seeking to modernize their AP workflows without extensive customization.

Here's a comparison of Stampli and Tipalti :

Stampli top features

1. Automated invoice processing: Automates data capture, coding, and routing to reduce manual tasks and errors.
2. Seamless ERP integration: Integrate financial data into existing financial systems like QuickBooks, SAP, Sage, Netsuite, and others.
3. Collaborative invoice management: Centralizes all AP-related communication, documentation, and workflows for enhanced visibility and control.
4. Customizable workflows: Tailor approval flows and automate processes to match your unique requirements.
5. Vendor portal: Suppliers can directly submit invoices, track status, and communicate with you.

Who is Stamplia a good fit for?

Stampli is well-suited for businesses of all sizes, particularly those in real estate, healthcare, telecommunications, and non-profits. Companies seeking to modernize their AP processes, enhance collaboration between team members and vendors, and maintain high visibility and control over invoice management will find Stampli an excellent fit.

Price comparison

Like Tipalti, Stampli provides little pricing information. Interested companies must contact Stampli's sales team for a customized quote based on their specific requirements. While direct price comparisons are difficult, Stampli's plans include unlimited vendors, entities, and onboarding assistance, which may result in cost savings for some organizations.

5. SAP Concur

SAP Concur is a cloud-based spend management platform that integrates travel, expense, and invoice processing into a unified solution that integrates well with ERPs. As part of its broad capabilities, SAP Concur helps businesses automate AP workflows, enforce spending policies, and provide robust reporting. It is a popular choice among large companies looking to manage expenses, travel, invoices, and payments cohesively.

Tipalti vs. SAP Concur comparison

Both tools have different strengths and focus areas. While Tipalti is more of an end-to-end AP automation solution that provides self-service supplier onboarding, tax compliance, and global mass payments, SAP Concur focuses on spend management. It unifies travel booking, expense reporting, and policy enforcement. Its mobile app and SAP backing make it a compelling choice for many businesses. However, some users may find SAP Concur's interface rather complicated than Tipalti's.

Here's a comparison of SAP Concur and Tipalti:

SAP Concur top features

1. Integrated travel, expense, and invoice management: Unifies spend management and card data for complete visibility and control, allowing businesses to capture expenses, approve invoices, and batch schedule payments.
2. Automated invoice processing: Captures data from invoices and routes them for approval based on predefined workflows and posts approved invoices to ERP and accounting systems for reconciliation.
3. Mobile expense reporting: Use the mobile app to quickly capture receipts, submit expense reports, and check reimbursement status.
4. Spend policy enforcement: Configure rules to automatically flag expenses and invoices that violate policies.
5. Robust reporting and analytics: Optimize spending with detailed reports and dashboards for visibility into employee expenses, supplier invoices, and travel costs.

Who is SAP Concur a good fit for?

SAP Concur is best suited for large domestic and multinational enterprises with significant travel and expense spending, moderate invoice volumes, and existing SAP or major ERP systems. Concur's native integrations and unified spend management approach make it an attractive option for these companies, mainly if their primary need is a T&E solution rather than end-to-end AP automation.

Price comparison

Like Tipalti, SAP Concur does not publicly disclose pricing. Prospects must contact sales for a quote based on their transaction volume, number of users, and required features. However, SAP Concur is generally considered to have higher costs than Tipalti due to its extensive capabilities beyond invoice processing.

6. AvidXChange

AvidXChange is a cloud-based AP automation platform designed for mid-market businesses. It streamlines the entire procure-to-pay process, from purchase order creation to invoice processing and vendor payments. With its modular approach, extensive ERP integrations, and industry-specific customization, AvidXChange helps companies digitize their AP workflows and gain financial visibility.

Tipalti vs. AvidXChange comparison

These AP automation tools cater to different market segments. Tipalti serves mid-market to enterprise companies with global payment needs. AvidXChange focuses on mid-market businesses, offering a modular solution that integrates with existing systems. AvidXChange excels in industry-specific customization, while Tipalti provides more advanced global capabilities.

Here's a comparison of AvidXChange and Tipalti:

AvidXChange top features

1. Paperless processing: Captures, codes, matches invoices, and deploys configurable approval workflows to route invoices to the right stakeholders.

2. Secure B2B payments: Enables electronic vendor payments with multiple methods, custom workflows, and real-time status visibility.

3. Bill capture: Automates utility invoice capture, validation, and payment while performing checks to ensure accuracy and flag discrepancies.

4. Seamless procurement: Automates purchase orders, enforces policies, identifies efficient buying patterns, and matches POs with invoices.

5. Extensive ERP Integrations: Connects with 180+ accounting systems and ERPs for seamless data sync and end-to-end automation.

Who is AvidXChange a good fit for?

AvidXChange is ideal for mid-market companies across the real estate, construction, and healthcare industries. It suits businesses processing 1,000+ monthly invoices, transitioning from manual to automated AP, and requiring industry-specific customization and accounting system integration.

Price comparison

AvidXChange does not provide public pricing, so custom quotes are required based on business needs and transaction volume. This lack of transparency makes direct cost comparisons with Tipalti difficult. However, its mid-market focus suggests its pricing may be more accessible.

Here is a draft of the Ramp section, using the insights provided but rewritten to avoid plagiarism and repetition. I focused on AP automation and elaborated on the top features as requested.

7. Ramp

Ramp is an all-in-one spend management platform that combines corporate cards, expense management, bill payments, and accounting integrations. It automates manual processes, provides real-time visibility into spending, and helps businesses save money through AI-powered insights and cashback rewards. Ramp serves companies of all sizes across various industries.

Tipalti vs. Ramp comparison

Tipalti and Ramp offer AP automation capabilities but cater to different aspects of financial management. Tipalti aims to streamline AP workflows end-to-end for mid-market and enterprise companies. Ramp provides comprehensive spend management features to help businesses get real-time insights into spending patterns, identify savings opportunities, and optimize their financial processes. While Tipalti is geared towards companies with complex needs, Ramp is suitable for businesses of all sizes looking to streamline and control their overall spend management process.

Here's a comparison of Ramp and Tipalti:

Ramp top features

Corporate cards with spend controls: Helps businesses control employee spending and prevent fraud with customizable spend limits, category restrictions, and real-time transaction monitoring.

2. Seamless expense management: Simplifies the process with mobile-based reporting, spend pattern analysis, and automatically matching receipts to transactions, categorizing expenses, and syncing data with other systems.

3. Streamlined payments: Captures invoice data, routes bills for approval, executes payments via ACH, check, or international wire, and syncs billing data with accounting systems for easy reconciliation.

4. Real-time spend visibility: Track expenses by category, department, or vendor, monitor budget performance, and generate custom reports from a centralized dashboard for better decision-making.

Who is Ramp a good fit for?

Ramp is ideal for businesses that want to streamline their spend management processes, from startups to enterprises. It is particularly well-suited for companies with high employee expenses, recurring vendor payments, or complex approval workflows. Ramp's industry-agnostic platform serves clients across technology, healthcare, e-commerce, professional services, and more sectors.

Price comparison

Ramp offers transparent and flexible pricing plans for businesses of different sizes and needs. Its pricing plans are more cost-effective and scalable than Tipalti's enterprise-focused pricing.

The free basic plan includes unlimited cards, expense management, bill payments, and accounting integrations.

The paid plans start at $15 per user per month and include custom controls, advanced user roles, unlimited, customizable workflows, procurement automation, and international capabilities.

Ramp provides custom pricing based on transaction volume and feature requirements for larger enterprises with more complex needs.

8. MineralTree

MineralTree is an end-to-end AP and payment automation platform that streamlines the entire invoice-to-pay process for mid-market businesses. MineralTree helps companies automate manual tasks, improve visibility, and enhance security.

Tipalti vs. MineralTree comparison

Both Tipalti and MineralTree cater to different market segments. Tipalti serves mid-market to enterprise companies, while MineralTree focuses on mid-market businesses seeking to automate their AP workflows with minimal disruption. MineralTree excels in its ease of integration, user-friendly interface, and modular approach, making it an attractive choice for companies looking to modernize their AP processes without extensive customization.

Here's a comparison of MineralTree and Tipalti:

MineralTree top features

1. Intelligent data capture: Automates invoice ingestion through scanning, email, or supplier portal uploads.

2. Customizable approval workflows: Route invoices based on predefined rules with automatic reminders and mobile approvals for faster processing.

3. Supports multiple payment methods: Enables secure payments in different modes like ACH, check, virtual card, and international wire transfers and facilitates on-the-go payment approvals and automatic syncing with other systems.

4. Self-service portal: Enables vendors to submit invoices, check payment status, and maintain their information, reducing inquiries and improving collaboration.

Who is MineralTree a good fit for?

MineralTree is best suited for mid-market companies across various industries, such as real estate, healthcare, financial services, and non-profits. It is ideal for businesses processing 500+ monthly invoices, looking to automate their AP processes, and seeking a user-friendly solution that integrates with their existing accounting systems.

Price comparison

MineralTree does not provide public pricing information, requiring interested companies to request a custom quote based on their specific needs and transaction volume. This makes direct cost comparisons with Tipalti challenging.

Factors to consider choosing a Tipalti alternative

Okay, now that you have an overview of the top Tipalti alternatives, the next question is which solution best fits your business. Aside from common factors like pricing, the size of your company, your requirements, and your industry, here are some additional factors to consider when choosing a Tipalti alternative:

1. AI-powered data extraction: Look for a solution that leverages advanced AI and OCR technologies to accurately extract data from invoices in various formats, layouts, and languages. This automation reduces manual effort, improves accuracy, and speeds up processing. Get a tool that excels in instant learning AI that can rapidly extract data from diverse documents without pre-training, making it highly adaptable and efficient compared to Tipalti.

2. Extensive ERP integrations: Ensure the alternative integrates seamlessly with your existing ERP systems to avoid data silos and manual data transfer. Find out if they integrate with your existing systems like QuickBooks, Microsoft Dynamics, Xero, Sage, and Salesforce. Also, check if the solution offers pre-built connectors, APIs, webhooks, Zapier Zaps, or custom integrations to minimize disruption and if they provide no-code integration options for non-technical users.

3. Scalability and global payment capabilities: As your business grows, you'll need a solution to handle increasing invoice volumes and support international payments. Look for a provider that can extract data from multiple languages, allows you to build region-specific workflows, and offers payments in various currencies. This ensures you can handle diverse payment scenarios as your operations expand.

4. User experience and ease of use: An intuitive interface and user-friendly features are essential for quick adoption and efficient use. The solution should simplify complex AP processes, not add to the complexity. Evaluate if the UI is effortless and intuitive, making navigation and task execution more straightforward for users than Tipalti.

5. Customizable workflows and automation: The ideal alternative should allow you to customize workflows based on your unique business requirements. Robust automation features like 3-way matching, approval routing, and dynamic discounting can significantly streamline your AP process. It should enable businesses to set up custom approval sequences based on various criteria and offer features like automated alerts and reminders to prevent delays.

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Final thoughts

Choosing the right AP automation solution is crucial for optimizing your financial processes. While Tipalti is a powerful platform, it may not best suit every business. By carefully evaluating your unique needs and exploring top alternatives, you can find the perfect partner to streamline your AP workflows, reduce costs, and drive growth.

Transform your AP workflows today and set your business up for success.

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