Shlomi Lavi /
Sep 20, 2022
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Bottom Line: Which is Better - TRAVERSE or Tipalti?
TRAVERSE is more expensive to implement (TCO) than Tipalti, and Tipalti is rated higher (80/100) than TRAVERSE (77/100). TRAVERSE offers users more features (20) than Tipalti (10).
Looking for the right Core Accounting 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:
Open Systems, Inc. Vs. Tipalti
Open Systems, Inc.: For over 35 years, Open Systems has collaborated with partners, consultants, and developers to deliver adaptable solutions. Together, our reselling partners, dedicated support staff, and enthusiastic employees stand ready to help you achieve your goals.With adaptable solutions, friendly service, extensive experience, and an ever-present eye on new ...
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...
Who is more expensive? TRAVERSE or Tipalti?
The real total cost of ownership (TCO) of Core Accounting 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 TRAVERSE and Tipalti.
TRAVERSE price starts at $1,200 per license , On a scale between 1 to 10 TRAVERSE is rated 6, which is similar to the average cost of Core Accounting software. Tipalti price starts at $149 per month , When comparing Tipalti to its competitors, the software is rated 2 - much lower than the average Core Accounting software cost.
Bottom line: TRAVERSE is more expensive than Tipalti.
Which software includes more/better features?
We've compared TRAVERSE Vs. Tipalti based on some of the most important and required Core Accounting features.
TRAVERSE: this software is considered "feature-rich" with more than 10 important features, here is a partial list: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Cash Flow, Fixed-Assets, General-Ledger, P&L Statement.
Tipalti: Basic Reports, Custom UI, Dashboard, Email alerts, Accounts Payable.
Target customer size
Traverse is best for small to large sized businesses and enterprises. The software is a viable product for businesses of all sizes and a variety of types.