Compare Tipalti and The Financial Edge - Oct 2022

Shlomi LaviShlomi Lavi / Oct 04, 2022

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Bottom Line: Which is Better - Tipalti or The Financial Edge?

The Financial Edge is more expensive to implement (TCO) than Tipalti, and The Financial Edge is rated with the same score (80/100) as Tipalti (80/100). The Financial Edge offers users more features (15) than Tipalti (10).

Looking for the right Billing & Invoicing solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Tipalti Vs. Blackbaud

Tipalti: Tipalti’s SaaS streamlines and automates the way companies make payments to the masses. Tipalti is a comprehensive solution that addresses all phases of pay-out from payee registration and payment method selection to funds disbursement, while keeping the payer in full tax and regulatory compliance. --Tipalti covers every country in the world; pa...

Blackbaud: Serving the nonprofit and education sectors for 30 years, Blackbaud (NASDAQ: BLKB) combines technology and expertise to help organizations achieve their missions. Blackbaud works with more than 27,000 customers in over 60 countries that support higher education, healthcare, human services, arts and culture, faith, the environment, independent K-12 ...

Who is more expensive? Tipalti or The Financial Edge?

The real total cost of ownership (TCO) of Billing & Invoicing software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for Tipalti and The Financial Edge.

Tipalti price starts at $149 per month , On a scale between 1 to 10 Tipalti is rated 2, which is much lower than the average cost of Billing & Invoicing software. The Financial Edge price starts at $299 per user/month , When comparing The Financial Edge to its competitors, the software is rated 6 - similar to the average Billing & Invoicing software cost.

Bottom line: The Financial Edge is more expensive than Tipalti.

Which software includes more/better features?

We've compared Tipalti Vs. The Financial Edge based on some of the most important and required Billing & Invoicing features.

Tipalti: Basic Reports, Custom UI, Dashboard, Email alerts, Accounts Payable, Billing & Invoicing, Purchase Orders, Core Accounting.

The Financial Edge: Accounts Payable, Accounts Receivable, Audit Trail, Balance Sheet, Billing & Invoicing.

Target customer size

The software is a viable product for businesses of all sizes and a variety of types. Financial Edge is ideal software for nonprofits, government agencies, educational institutions and any other type of organization that receives funding from multiple sources.



Tipalti

ITQlick rating
(4.6/5)

starts at $149 per month

Tipalti B2B payments automation software is a cloud-based accounting management solution designed to help the users automate their accounts payable process. Some of its core features include invoice automation,...

Categories: Accounting & Finance, Billing & Invoicing, Core Accounting, Digital Signature.

The Financial Edge

ITQlick rating
(4.2/5)

starts at $299 per user/month

Financial Edge is an accounting system best suited for nonprofits and government agencies. This program has an effective solution for grant management. With the user-friendly interface and specific functionalit...

Categories: Fixed Asset Management, Recurring Billing, Billing & Invoicing, Budgeting & CPM, Core Accounting.

Compare specifications

Compare features

Tipalti: 10 Features

Basic Reports
Custom UI
Dashboard
Email alerts
Accounts Payable
Billing & Invoicing
Purchase Orders
Core Accounting
Accounting & Finance
Financial reporting

The Financial Edge: 15 Features

Accounts Payable
Accounts Receivable
Audit Trail
Balance Sheet
Billing & Invoicing
Budgeting & Forecasting
Cash Flow
E-commerce
Fund-Accounting
General-Ledger
Multi-Currency
P&L Statement
Project-Accounting
Sales Reporting
Time & Expense
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
Tipalti
ITQlick rating
4.6/5
Score
80/100
Pricing
2/10
License pricing
$149 per month
Functionality
23
Compare
The Fina...
ITQlick rating
4.2/5
Score
80/100
Pricing
6.6/10
License pricing
$299 per user/month
Functionality
34
Zoho Inv...
ITQlick rating
4.6/5
Score
91/100
Pricing
2.2/10
License pricing
Pricing not available
Functionality
14
ARIBA IN...
ITQlick rating
3.6/5
Score
90/100
Pricing
4.6/10
License pricing
$50 per month
Functionality
4
CannyBil...
ITQlick rating
3/5
Score
90/100
Pricing
6.6/10
License pricing
$7 per month
Functionality
4

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.