Tipalti Approve Review

Tipalti Approve aims to help finance and procurement teams become more efficient. By streamlining processes for purchase orders and approvals, users can gain better visibility and control over their workflows as well as oversee procedures in real-time. In addition, users may reap the following benefits:

Better Purchase Order Automation

Tipalti Approve aims to help procurement teams not only accelerate the creation of purchase orders but also ensure that all your information are up-to-date. As such, the platform automatically generates and updates POs on your ERP when a request has been signed off on the platform. This can not only save you time on filling out details such as vendor contact information but also help increase the accuracy of orders and keep your PO workflow simple.

Fast-Tracked Vendor Onboarding

Tipalti Approve offers a seamless user experience that drives adoption and collaboration across the entire company. Tipalti Approve provides self-served vendor onboarding wizards and supports new vendor approval flows involving AP. With vendor wizards, you can make it easier to set up a company as an approved vendor. Documentation and information gathering are all done in one place and once completed, your employees can efficiently order goods and services from approved vendors.

Simplified Updating of Order Status 

It can be hard to keep track of purchase requests, especially when your office has a lot of them coming from different departments. Tipalti Approve addresses this problem by including a “goods received” feature. This allows requesters to easily confirm that goods were received and they can send updates regarding the status to the ERP system.

Real-Time Data Syncing

Since Tipalti Approve integrates seamlessly with leading ERPs, it can sync your data automatically in real-time. With this, you can ensure that the budget data, receivables, and other pertinent financial information from your company’s official records are the same as the ones in your ERP. This prevents errors in computations. Likewise, real-time budget data helps approvers make informed decisions.

Centralized Communication

Tipalti Approve prevents teams from overlooking conversations with customers and vendors by keeping all communication between stakeholders directly within the request form. By doing so, users can easily follow updates on requests and save time on constantly doing manual follow-ups and ad-hoc tasks and emails. It also integrates with email and Slack to streamline communication and document all conversations regarding each request.

Accelerated Request Creation and Approval

Tipalti Approve comes with an easy request form creation feature that provides presets for different types of requests. Users may customize these depending on their needs and even duplicate requests later so they don’t have to make one from scratch each time. As such, updating similar and recurring requests is a breeze.

Moreover, the platform can be programmed to automatically open a purchase order within your ERP system each time a request is approved. In turn, this eliminates the need to keep tabs on incoming approvals and manually inputting them into your ERP platform. It also syncs your data so team members and stakeholders are kept in the loop every time a PO is created.

Easier Data Retrieval

Need to find vendor information? Want to know the status of a certain request?  By combining Tipalti Approve’s ability to unify your procurement data and its smart view filters, users can easily find the information they require in an instant. The platform can filter by user, vendor, status, and other qualifiers. This way, you can quickly pull up only the information that you need.