Compare Xero and Tipalti - Sep 2022

Shlomi LaviShlomi Lavi / Sep 20, 2022

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Bottom Line: Which is Better - Xero or Tipalti?

Tipalti is more expensive to implement (TCO) than Xero, and Xero is rated higher (94/100) than Tipalti (80/100). Xero offers users more features (13) than Tipalti (10). There is a clear winner in this case and it is Xero!

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:

Xero Vs. Tipalti

Xero : Xero was founded in July 2006 by successful technology entrepreneur Rod Drury and specialist small business accountant Hamish Edwards. Xero is listed on the New Zealand Stock Exchange and the Australian Securities Exchange and is a fast growing company with teams in Wellington, Auckland, Melbourne, Sydney, Brisbane, San Francisco, and Milton Keynes...

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? Xero 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 Xero and Tipalti.

Xero price starts at $12 per month , On a scale between 1 to 10 Xero is rated 2, which is much lower than 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: Xero cost is around the same cost of Tipalti.

Which software includes more/better features?

We've compared Xero Vs. Tipalti based on some of the most important and required Core Accounting features.

Xero: 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, Fixed-Assets, Purchase Orders, Data Analysis Tools, Forecasting.

Tipalti: Basic Reports, Custom UI, Dashboard, Email alerts, Accounts Payable.

Target customer size

Xero is best for small businesses, freelancers and non-profit organizations. The software is a viable product for businesses of all sizes and a variety of types.



Xero

ITQlick rating
(4.3/5)

starts at $12 per month

Xero is a cloud-based accounting and finance software for small, start-up, and growing enterprises. It has invoice management, purchasing, bank reconciliation, and bookkeeping features which help businesses boo...

Categories: Accounting & Finance, Fixed Asset Management, Recurring Billing, Billing & Invoicing.

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, Payment Processing.

Compare specifications

Compare features

Xero: 13 Features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Fixed-Assets
Purchase Orders
Data Analysis Tools
Forecasting
Fixed Asset Management
Inventory Optimization
Supplier Management
Warehouse Management
Inventory Management

Tipalti: 10 Features

Basic Reports
Custom UI
Dashboard
Email alerts
Accounts Payable
Billing & Invoicing
Purchase Orders
Core Accounting
Accounting & Finance
Financial reporting
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
Xero
ITQlick rating
4.3/5
Score
94/100
Pricing
2/10
License pricing
$12 per month
Functionality
46
Review
Compare
Tipalti
ITQlick rating
4.6/5
Score
80/100
Pricing
2/10
License pricing
$149 per month
Functionality
23
QuickBoo...
ITQlick rating
4.2/5
Score
99/100
Pricing
5/10
License pricing
$12.50 per month
Functionality
7
Wave Acc...
ITQlick rating
4.4/5
Score
97/100
Pricing
5.6/10
License pricing
Pricing not available
Functionality
8
Compare
Zoho Boo...
ITQlick rating
4.4/5
Score
96/100
Pricing
2.4/10
License pricing
$10 per organizer/month
Functionality
9
Compare

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.