Tipalti VS Nanonets Table Extractor

Compare Tipalti VS Nanonets Table Extractor and see what are their differences

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Tipalti

Tipalti is a supplier payments automation solution to streamline all phases of the AP and payment management workflow.

Nanonets Table Extractor

Save time, effort & resources spent on extracting tabular data from all kinds of documents with Nanonets’ no-code table extractor.

Landing page //
2018-11-18

Landing page //
2023-06-09

Tipalti features and specs

Automation
Tipalti automates the entire accounts payable process, reducing manual workload and minimizing errors.
Global Payments
The platform supports multiple currencies and payment methods, making it easier to manage international transactions.
Compliance
Tipalti ensures compliance with tax and regulatory requirements, including automatic tax form generation and validation.
Integration
It integrates well with various ERP and accounting software systems, streamlining financial operations.
Supplier Management
Suppliers can self-serve through Tipalti, updating their information and payment preferences without additional admin overhead.
Scalability
Designed to grow with your business, handling increased transaction volumes efficiently.

Possible disadvantages of Tipalti

Cost
Tipalti can be expensive, especially for smaller businesses or startups with limited budgets.
Complexity
The wide range of features can be overwhelming for some users, requiring a learning curve to fully utilize its capabilities.
Customer Support
Some users have reported slow response times from customer support, which can be critical for resolving urgent issues.
Customization
Limited customization options could be a drawback for businesses with unique or highly specific requirements.
Integration Challenges
Although Tipalti offers integration, some users have experienced difficulties during setup, requiring additional technical support.
Dependency
Relying on a third-party service for critical financial operations introduces a dependency that some businesses may find risky.

Nanonets Table Extractor features and specs

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Tipalti videos

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Tipalti | Interview with its Co-Founder & CEO - Chen Amit

Nanonets Table Extractor videos

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Category Popularity

0-100% (relative to Tipalti and Nanonets Table Extractor)

Nanonets Table Extractor

Accounts Payable

100 100%

Accounts Payable

0% 0

Developer Tools

0 0%

Developer Tools

100% 100

Invoice Management

67 67%

Invoice Management

33% 33

AI Tools

0 0%

AI Tools

100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Tipalti and Nanonets Table Extractor

Tipalti makes AP processes invisible by cutting out the manual work and wiping out 80% of the workload managing payables, so you can align your resources to focus on mission-critical activities instead of back-office financial operations. Tipalti enables a complete touchless invoice processing workflow with machine learning (ML) powered OCR technology that captures both the...

Source: tipalti.com

Best Accounts Payable Software for 2022

Why we like it: Tipalti’s OCR technology can alleviate some of the mind-numbing data entry work around manually keying in invoice data. The program can also match purchase orders with invoices. Live support is a valuable feature. The expense — especially since there’s no free trial — may put it out of range for some small businesses, though.

Source: www.nerdwallet.com