Tipalti vs QuickBooks Desktop Enterprise

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

Tipalti Software Tool
QuickBooks Desktop Enterprise Software Tool

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 Desktop Enterprise is a comprehensive software solution designed to manage complex accounting tasks, including payroll, inventory, and financial reporting. It is particularly well-suited for medium to large-sized businesses across various industries such as manufacturing, retail, and construction, due to its robust features and scalability. The software offers unique benefits like advanced inventory tracking, customizable reporting, and enhanced user permissions, making it a powerful tool for businesses with intricate financial needs.

Users appreciate its ability to handle large data files and multiple users simultaneously, which sets it apart from similar products. The software's advanced features, such as job costing and field service management, provide significant value to businesses requiring detailed financial oversight. Pricing for QuickBooks Desktop Enterprise varies based on the number of users and specific needs, typically involving an annual subscription model. For precise pricing details, it is recommended to contact SelectHub for a tailored quote.

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$129 Monthly
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$1,261 Annually
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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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  • Enhanced Reporting: Generate detailed financial reports with customizable templates, providing deeper insights into your business performance.
  • Advanced Inventory Management: Track inventory across multiple locations and manage stock levels efficiently to reduce carrying costs and avoid stockouts.
  • Robust Security: Implement user permissions and roles to control access to sensitive financial data, ensuring compliance and data integrity.
  • Scalability: Accommodate up to 40 simultaneous users, making it suitable for growing businesses with expanding teams.
  • Comprehensive Payroll Management: Automate payroll processing, tax calculations, and compliance reporting to save time and reduce errors.
  • Customizable User Interface: Tailor the dashboard and navigation to fit your workflow, enhancing productivity and user experience.
  • Industry-Specific Solutions: Utilize specialized features designed for industries like manufacturing, wholesale, and nonprofit, ensuring relevant functionality.
  • Seamless Integration: Connect with third-party applications and services to streamline operations and enhance functionality.
  • Efficient Job Costing: Track project expenses and profitability with precision, aiding in better budgeting and financial planning.
  • Reliable Customer Support: Access dedicated support from QuickBooks experts to resolve issues quickly and keep your operations running smoothly.
  • Multi-Currency Support: Manage transactions in multiple currencies, making it easier to handle international business operations.
  • Batch Invoicing: Create and send multiple invoices simultaneously, saving time and reducing administrative workload.
  • Data Backup and Recovery: Protect your financial data with automatic backups and easy recovery options, minimizing the risk of data loss.
  • Comprehensive Audit Trail: Maintain a detailed log of all financial transactions and changes, ensuring transparency and accountability.
  • Flexible Payment Processing: Accept various payment methods, including credit cards and ACH transfers, to improve cash flow and customer convenience.
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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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  • User Permissions: Set up users quickly with 14 pre-set roles such as accountant, accounts payable and receivable, banking, finance, inventory and more with the user permissions tool. 
  • Inventory Management: Initiate automatic inventory and order management appliances with the advanced inventory attribute. It also has picking, packing and shipping assets to administer the full sales order fulfillment process from beginning to end. 
  • Reporting: Work with more than 200 built-in adjustable report templates that cater to your industry. Users may also develop custom ad hoc reports for particular business requirements. 
  • Time Tracking: Guarantee that assignments are done on time and under budget with the TSheets elite function in the time tracking apparatus. Users may record time on any mobile device, compare estimated to actual hours, distribute jobs and follow a task's progress. This tool also enables users and patrons to sign off on projects and timesheets with the digital signature capture extension on the mobile app. 
  • Connect with Salesforce CRM: Leverage the Salesforce CRM connector integration to sync QuickBooks data right into Salesforce to reduce duplicate entries. This component provides users with a single source of information between the sales and support department, improving how users help their clients, produce prompt sales orders and invoices and obtain a more transparent snapshot of the sales pipeline. 
  • Field Service Management: Gain more insight on financial and field service data, including real-time updates, effective job scheduling and immediate invoicing. Users may also utilize GPS and mapping with Google Maps to monitor workers and manage client sites, receive a clear view of tasks complete, electronic work orders and more. 
  • Job Costing: Distribute all associated costs to projects as they accumulate with the job costing appliance. Users also obtain real-time project information to take the necessary actions if expenses are cutting into profits. This appliance even allows users to evaluate the difference between proposed expenditures and actual fees to make improved budgets in the future. 
  • Advanced Reporting: Create custom reports with ease using the built-in report builder, which allows for deep data analysis and tailored insights.
  • Enhanced Payroll Services: Handle complex payroll needs, including direct deposits, tax calculations, and compliance with federal and state regulations.
  • Role-Based User Permissions: Assign specific access levels to different users, ensuring that sensitive financial information is only accessible to authorized personnel.
  • Multi-User Mode: Allow multiple users to work on the same company file simultaneously, improving collaboration and efficiency within your team.
  • Job Costing: Track expenses and revenues for individual projects, providing detailed insights into job profitability and helping to manage project budgets effectively.
  • Advanced Pricing: Set up custom pricing rules and discounts based on customer, item, or date, allowing for flexible and dynamic pricing strategies.
  • Batch Invoicing: Create and send multiple invoices at once, saving time and reducing the administrative burden of billing.
  • Field Service Management: Integrate with third-party applications to manage field service operations, including scheduling, dispatching, and invoicing for service calls.
  • Customizable Dashboards: Design personalized dashboards to monitor key performance indicators and financial metrics at a glance.
  • Data Backup and Recovery: Protect your financial data with automatic backups and easy recovery options, ensuring business continuity in case of data loss.
  • Industry-Specific Editions: Choose from editions tailored to specific industries such as manufacturing, wholesale, retail, and nonprofit, each with specialized features and reports.
  • Mobile Inventory Barcode Scanning: Use mobile devices to scan barcodes for inventory management, streamlining the process of tracking and updating stock levels.
  • Vendor Management: Manage vendor relationships with tools for tracking purchase orders, bills, and payments, as well as setting up vendor-specific terms and conditions.
  • Customer Relationship Management (CRM) Integration: Integrate with popular CRM systems to synchronize customer data and improve sales and service processes.
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Product Ranking

#11

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#259

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User Sentiment Summary

Great User Sentiment 487 reviews
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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.

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4.8 (14)
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4.5 (204)
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4.7 (129)
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4.0 (2)
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4.2 (138)
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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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User-Friendly Interface: QuickBooks Desktop Enterprise is celebrated for its intuitive design, which simplifies the process of setting up new companies and navigating its features.
Comprehensive Reporting: The software offers a wide array of reporting options, encompassing accounts payable, receivable, and payroll, providing businesses with a comprehensive financial overview.
Advanced Features: QuickBooks Desktop Enterprise includes advanced tools such as inventory tracking, job costing, and customizable reports, catering to businesses with intricate operational needs.
Integration and Flexibility: The software seamlessly integrates with other systems and third-party applications, offering businesses the flexibility to connect their existing tools and workflows.
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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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Price: The recurring subscription fees, especially when factoring in potential costs for cloud storage and additional user licenses, can strain budgetary constraints for some businesses.
Complexity: Navigating the software's extensive features can pose a challenge for some users, particularly those transitioning from simpler accounting solutions or lacking prior experience with similar software.
Compatibility: The software's exclusive compatibility with the Windows operating system may present a significant obstacle for businesses utilizing alternative operating systems, potentially necessitating a costly transition to ensure compatibility.
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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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Is QuickBooks Desktop Enterprise a quick book to success for businesses, or does it leave users feeling like they're drowning in a sea of red ink? User reviews from the past year paint a somewhat mixed picture of this popular accounting software. While many appreciate its user-friendly interface and comprehensive reporting features, some find the cost prohibitive and the software overly complex. Users consistently highlight the intuitive design as a major strength, praising its ease of navigation and setup. The robust reporting capabilities, including detailed accounts payable, receivable, and payroll reports, are also frequently commended. Many users find these features a significant upgrade from their previous accounting solutions, allowing for better financial oversight and decision-making. However, the high cost of the software, particularly the annual subscription fee and additional charges for cloud hosting and extra users, is a recurring concern. Some users feel that the price tag, while justifiable for larger businesses, might be too steep for smaller enterprises with limited budgets. Another point of contention is the software's complexity. While some users find it relatively straightforward, others report a steep learning curve, particularly those unfamiliar with accounting software. The platform limitation to Windows is also a drawback for some, restricting its accessibility for businesses using other operating systems. Overall, QuickBooks Desktop Enterprise seems best suited for medium to large businesses with dedicated accounting personnel who can fully utilize its advanced features and justify the investment. Smaller businesses or those with limited technical expertise might find more value in simpler, more affordable accounting solutions.

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