Top Airbase Competitors in 2024

• Replace manual file-sharing with rule-based, drag-and-drop workflows
• Capture and validate incoming documents with OCR (optical character recognition) technology
• All forms and PDFs can be replaced with an easy-to-use, no-code web form builder

DocuPhase can serve all industries and sectors. Many users are in HR, accounting, and manufacturing.

• DocuPhase is known for its strong customer service support that’s available 24/7.
• Complete system versatility with the ability to create or change a process with little time and expertise.

Pricing for DocuPhase starts at $500, and there is no free plan or trial available.

• Automate the entire P2P process with speed and accuracy
• Find anything you need with a few clicks and “staple” documents together in the system
• Better decision-making with a 360-degree view of all data and a mobile app

The PairSoft accounting software can be used by a business of any size, but is particularly useful for mid-market and enterprise companies.

• Easily automate the creation of purchase orders, invoice capture, and approval workflows while managing purchases and vendor relationships with PunchOut catalogs.
• Automated invoice processing and workflows that integrate directly with your ERP and legacy systems.

Pricing is quote-based with no obligation. You only pay for what you need, with unlimited users, storage, free integration, and support.

• Delivers treasury management and expense reporting SaaS for over a decade, with a singular focus
• Connectivity to banks, ERPs, portals, and apps to automate processes and unify data
• Commodity and expense management solution with forecasting and fraud detection

Kyriba is recognized as a global cash management platform designed for financial service providers.

• Backed by market-leading technology, delivering one of the most comprehensive partner programs in the industry.
• Empowers treasurers and CFOs with analytics to protect balance sheets, accelerate processes, and improve cash returns.

All pricing for Kyriba is quote-based.

• Automated invoice capture and electronic routing that reduces time spent approving and posting invoices
• Easy-to-use interface with automated remittance, reconciliation, and seamless implementation that takes just hours to set up
• Virtual credit cards earn cash-back rewards for every payment made

Paymerang is built to bring AP teams into the modern age and is applicable to a business of any size. The brand has found particular success in the hospitality industry.

• The invoice automation and expense management software uses AI to capture, read, and route invoices to the appropriate parties, giving you a fail-safe digital paper trail.
• Streamline the whole payments process and double down on security with a tool that turns your payments into profit.

Pricing depends on the estimated dollar volume of the card. The pricing model is a one-time license.

• Automated invoice capture, approvals, payments, and reconciliation in a single end-to-end AP platform that eliminates 80% of manual payables workloads
• PO Management lets you streamline your purchase requisition and PO approval process while gaining greater control over spending.
• Manage and reconcile spend, gain visibility, and receive cash-back with Tipalti Card

Tipalti works great for any business looking to make the AP process faster, safer, and more efficient through automation. Whether a startup or a large enterprise, Tipalti works with high velocity businesses of all sizes and industries.

• Dynamic, brandable, and self-service supplier portal helps you guide suppliers through submitting, banking details, and tax information with built-in validations
• Global payments capabilities offering 50+ payment methods to +196 countries in +120 currencies, plus advanced FX features like hedging 
• Multi-entity capabilities with the ability to handle different AP processes and workflows per entity, yet still provide a consolidated view to executives

Tipalti offers two separate plans for businesses; Tipalti Express and Tipalti Pro. Tipalti uses a subscription-based pricing model starting at $149 per month.

Tipalti offers a totally touchless invoice processing workflow in which machine learning (ML) powers optical character recognition (OCR) to scan the invoice for header and line-level details. Predictive smart logic uses AI to auto-fill custom fields and expense accounts.

PO Matching

2-way/3-way PO matching allows for automated syncing of POs and GRNs. This completes the PO match flow, helping to eliminate overspending and strengthening financial controls. 

Invoice Workflow

When an invoice is submitted for approval, Tipalti’s Advanced Approval workflow starts the bill approval sequence, referencing patterns from past invoices. This includes different approval assignments per entity, department, location, etc. Specific approval rules can also be configured in the system, even at the entity level. 

Email approval notifications are automatically routed to the right parties who can approve the invoice, update the General Ledger account, send it back to AP, or dispute the invoice directly from the email— all without the need to log in to any platform. 

Built-in Messaging

If questions arise, AP staff can send messages, attach relevant documents, and tag users via Tipalti’s built-in messaging. This enhances collaboration and reduces processing times. 

Payable teams can also reply to messages directly from the notification emails to accelerate communication.

Tipalti has been perfecting invoice management since 2016, adding over 150 new features and improvements each year. Airbase is a spend management platform centered around cards. It launched its bill payments product as a standalone offering in June 2021. 

Tipalti offers a self-service supplier portal to streamline the onboarding process, enabling faster (and more accurate) payee data collection and verification. 

The Tipalti platform validates supplier payment data in real-time using 26,000 global banking rules, reducing payment errors by up to 66%. The automated supplier portal is accessible 24/7, in multiple languages. 

Suppliers access the portal to check on invoice and payment status. Tipalti also sends payment status emails to reduce supplier inquiries. With Airbase, supplier validation takes 3 days, and there are no built-in payment validation rules.

Tipalti has advanced global tax compliance capabilities like: 

• Collecting, validating, and maintaining W-9, and W-8 series forms and VAT details
• Calculating any necessary withholdings
• Generating 1099/1042-S preparation reports
• eFiling services and integrations

Our tax capability meets IRS requirements as prescribed by KPMG. In comparison, Airbase only collects W-9 forms during onboarding.

Whether your business is growing domestically or globally, you need software with scalability to future-proof payables. As a company expands, AP workflow complexities increase. This involves paying global suppliers, handling multi-subsidiary payables, and processing an increasing number of payments. 

A company must also offer a wide range of localized payment methods to pay suppliers in their preferred methods and currencies.

Multiple Entities

Tipalti’s end-to-end AP solution future-proofs your operations, so there’s no need to keep investing resources as you grow. With the Tipalti Multi-Entity feature, manage several business entities with different AP processes, within a single instance. 

The multi-entity capabilities help your business centralize financial controls while providing visibility at both the entity and consolidated business levels.

In contrast, Airbase offers multi-entity capabilities only in NetSuite. It does not have features like custom branding and unique onboarding workflows per entity.

Global Payments

Tipalti executes fast global payments to 196 countries in 120 currencies, supporting multiple payment methods, like:

• Wire transfer
• Global ACH
• Prepaid debit card
• PayPal
• Check

You can also streamline FX conversion workflow with advanced capabilities like Multi-FX, FX hedging, and Payee FX optimization. Airbase does not currently offer any advanced FX capabilities. 

Airbase is a cards-centric spend management platform, and its the core competency is corporate cards. The company charges SaaS subscription fees for its spend management software and returns some most interchange fees from card-based spend back to customers via cash-back rewards. Despite its strengths in corporate cards, Airbase has recently been reducing the cashback rates it offers to customers and it also deprecated its charge card program and now only offers pre-funded cards to its customers.

Alternatively, Tipalti offers a virtual card solution that complements its core AP automation and procurementPO management offerings. The Tipalti Card is a simple, convenient, flexible, and secure virtual credit (charge) and debit (pre-funded) card solution, offering cash-back rebates. It is integrated into the most comprehensive global payables automation platform bringing complete financial controls into card spend with automatic reconciliation.

Tipalti Card is completely free to use for customers using other Tipalti solutions.

Both Airbase and Tipalti have strong security policies. Airbase is in SOC 2 Type II and SOC 1 Type II compliance. Tipalti is SSAE 18 and ISAE 3402 SOC 1 Type II and SOC 2 Type I certified, and GDPR compliant.

Between the two platforms, Tipalti offers much stronger financial controls. 

Validating Supplier Data

Airbase has a 3-day validation process for supplier payment data, while Tipalti has 26,000 payment validation rules built into the supplier onboarding engine. This can reduce payment errors by up to 66%. 

The Airbase system collects W-9 forms without any validation. On the other hand, Tipalti has KPMG-approved digital tax form collection (W-9s, W-8s, etc.) and TIN validation, 1099 and 1042-S prep reports, automatic withholdings calculations, and eFiling services to help with tax compliance. 

Fraud Prevention

Airbase does not screen any suppliers against OFAC/SDN lists like Tipalti. Tipalti Detect is built to prevent fraud with detailed payee monitoring. As of this writing, Airbase does not have any proactive fraud prevention available for non-card payments.

Role-Based Permissions

Tipalti offers over 20 role-based permissions to enforce the segregation of duties. It configures who can fund accounts, initiate disbursements, run reports, create approval flows, etc. 

Airbase has duty segregation challenges. For example, all GL accounts are visible to administrators, and there is no way to change that.

Airbase partnered with Silicon Valley Bank (SVB) for ACH payments and corporate card integrations. As a result, its customers experienced delays in bill payments to their suppliers & reimbursements to their employees amidst the crisis at SVB. Can you afford the same risk?

Money transmission is a highly regulated activity under both federal and state laws. Tipalti is regulated as a money services business (MSB) and has its US money transmitter licenses (MTLs) in every state that requires them. Businesses must be aware of the risks involved in partnering with a single bank or non-regulated payments provider, as this can jeopardize their funds, reputation, and operations. Being a licensed Money Transmitter is an important distinction between Tipalti and other payout providers like Airbase. We partner with blue-chip banks Citi, JP Morgan Chase & Wells Fargo and have redundancy built-in facilitating quick fund disbursement around the globe. 

Tipalti’s MTLs help to ensure there are not any disruptions to your payout operations, to provide you with the best customer experience possible, and to eliminate the risk of fines and penalties for improper payouts. As a licensed money transmitter, Tipalti also controls the compliance review process. This means the brand can approve you in days once provided the appropriate documentation. Payout providers without MTLs, like Airbase, are at the mercy of the bank’s timeline for the due diligence process. Sometimes this can take months.

Tipalti is a credible and reliable partner you can trust to handle all of your payment needs!