Tipalti vs Zip
Tipalti
Fast-growing companies
2010; Foster City, California
Zip
Enterprise procurement and finance teams, from AI-native fast-growing companies to Fortune 500 enterprises
2020; San Francisco, US
Tipalti and Zip both automate how companies approve and pay suppliers.
Tipalti, founded in 2010 and based in Foster City, California, combines accounts payable, mass payments, procurement and expenses; Zip, founded in San Francisco in 2020, is a procurement platform from purchase intake to pay for enterprise procurement and finance teams.
Tipalti vs Zip: side by side
“Not published” means the vendor does not state it.
| Tipalti | Zip | |
|---|---|---|
| What it does | Accounts payable automation, mass payments, procurement and expense management on one platform | Procurement platform from intake to pay: purchase intake, procure-to-pay (PO and invoice management), supplier onboarding, sourcing, contract and third-party risk workflows, with AI agents; global payments, vendor cards and budgets as add-ons |
| Best for | Fast-growing companies | Enterprise procurement and finance teams, from AI-native fast-growing companies to Fortune 500 enterprises |
| Founded and HQ | 2010; Foster City, California | 2020; San Francisco, US |
| Ownership and funding | US$750m raised; co-founder and CEO Chen Amit | Venture-backed; US$371m raised, most recently at a US$2.2bn valuation; investors include Adams Street, Alkeon, BOND, CRV, DST, Tiger Global and Y Combinator |
| Customers or users | Not published | Enterprises including T-Mobile, OpenAI, Mars, Dollar Tree and Anthropic; US$1T in spend processed |
| Pricing | Accounts payable from US$99 a month, Mass Payments from US$249 a month, unlimited users, plus per-invoice and payment fees | Not published |
| Deployment and markets | Cloud; pays suppliers and payees in 200+ countries and territories, in 120 currencies | Cloud; payments in 140+ countries; SOC 1 Type 2, SOC 2 Type 2, ISO 27001, GDPR and EU-US Data Privacy Framework |
Main differences
Tipalti starts from accounts payable and supplier payments; Zip starts from the purchase request, with intake, sourcing, contract and risk workflows before PO and invoice handling.
Tipalti publishes prices, with accounts payable from US$99 a month and Mass Payments from US$249; Zip does not publish prices.
Tipalti pays suppliers and payees in 200+ countries and 120 currencies; Zip supports payments in 140+ countries as an add-on.
Tipalti has raised US$750m; Zip has raised US$371m, most recently at a US$2.2bn valuation.
Which to choose
Choose Tipalti if
- Accounts payable and mass payouts to suppliers or payees worldwide are the main need
Choose Zip if
- You want every purchase request routed through intake, approvals, sourcing and risk review before it is paid
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Common questions
What is the difference between Tipalti and Zip?+
Tipalti automates accounts payable, mass payments, procurement and expense management on one platform. Zip handles procurement from intake to pay: purchase intake, procure-to-pay, supplier onboarding, sourcing, contract and third-party risk workflows, with AI agents.
How much do Tipalti and Zip cost?+
Tipalti's accounts payable starts at US$99 a month and Mass Payments at US$249 a month, with unlimited users plus per-invoice and payment fees. Zip does not publish prices.
Who runs Tipalti and Zip?+
Tipalti was founded in 2010, is based in Foster City, California, and is led by co-founder and CEO Chen Amit. Zip was co-founded in 2020 by Rujul Zaparde, Lu Cheng and Felix Meng and is based in San Francisco.
Part of Accountio’s accounting technology coverage.
