Companies big and small trust Stampli with $85
billion in AP spend...and counting
Why choose Stampli instead of Tipalti for AP automation?
Stampli is built for AP first
Tipalti is built for payments first; AP software is not their core competency.
Stampli’s AI doesn’t need a human backstop
Tipalti will recommend their offshore managed services because their OCR struggles with basic invoice data capture.
Stampli doesn’t take months to deploy
Tipalti has long implementation periods, even when charging fees.
Stampli won’t require an opaque settlement account
With Tipalti, you need to pre-fund a settlement account to pay vendors.
What should you ask Tipalti about?
If you’re comparing Stampli versus Tipalti, here are a few questions you should ask Tipalti.
How much time will their invoice data capture methods cost you?
Tipalti will recommend that you use their offshore managed services to backstop the OCR technology they use to capture data from invoices. This is because their OCR technology still requires humans on the backend. You’re forced to either wait up to 24 hours for their contractors to correct your invoices, or fix the mistakes yourself.
Stampli’s AI accurately captures data from your invoices and makes it available the moment it arrives, with no managed services. In addition, Stampli’s AI codes the invoice in accordance with your accounting policies, identifies the correct approval workflow, and flags invoices for discrepancies or fraud. Customers report major productivity gains.
How frequently do you still need to switch back to your ERP?
You won’t be able to see whether or not a PO has been received in your Tipalti dashboard. You’ll need to log into your ERP to look into the receiving status. Rather than saving you time, this actually creates extra labor for every PO you’re working with.
Stampli integrates thoroughly with your ERP across every field, including PO receiving status. You’ll see clearly whether a PO has been received or not without needing to leave Stampli. It’s all of these details that add up to major productivity gains.
How many months will implementation actually take?
Tipalti implementations are typically 90 days or more. Customer success managers are not required to have a background in AP. User training can be extensive, with multiple sessions.
Stampli’s implementations can be as short as a few days with a robust API integration. Our product is intuitive and requires minimal training. We require Customer Success team members to have at least one year of practical experience in accounts payable.
How much will you have to reconfigure your ERP?
Tipalti’s ERP integrations are developed with third-party assistance, and aren’t built to support the full range of native ERP functionality. If they don’t support the functions you rely on, you have to reconfigure your ERP or change your preferred AP processes.
With Stampli’s ERP integrations, you don’t have to rework your ERP or change your accounting processes. We build our API integrations in-house to support the full range of native functionality.
How much money will you have to tie up in a settlement account?
Tipalti’s payment tools require you to pre-fund a settlement account. Are you comfortable tying up your capital instead of earning interest on it?
Also, your vendors see payments attributed to Tipalti on their statements because Tipalti acts as an intermediary — which really confuses them.
With Stampli’s payment tools, there is no settlement account. Each transaction is processed individually, and funds are transferred directly from your account to the payee at the time of each transaction. Your vendor sees funds attributed to you on their statements, not Tipalti.
Will they annoy your vendors with sales pitches?
Tipalti reportedly bothers customers’ vendors with sales pitches for payments products, and they do so while saying it’s on their specific customers’ behalf. Vendors hate this, and some vendors reportedly severed their relationship with Tipalti customers due to these calls.
Stampli views your vendor relationships as strategic and sacred! We would never risk your vendor relationships with aggressive sales pitches.
Stampli is built for the way YOU run AP
Least disruption
No need to rework the ERP or change your AP processes
Ensure control & compliance
Fully configurable and auditable payment workflows
Most control
One place for all your communication, documentation and workflows
Smartest AI
Billy the Bot assists you across the entire invoice lifecycle
Fastest to value
Deploys in weeks, not months, with minimal user training
What do Stampli customers appreciate most?
Stampli vs. Tipalti for AP automation
Want to see the differences for yourself? Connect with our team for a demo
based on your specific ERP environment.
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