Tipalti vs Bill.com vs Fyorin

Tipalti AP & procurement starts at 129 USD / month, but additional features can be added on top of the monthly subscription. The cost of actually processing the cross-border payments through your bank connected to the platform should also be considered. Fees for Bill.com are lower, starting at 79 USD for AP & AR package and free Spend Management, however there are additional transaction costs. As with Tipalti, you also need to consider your bank's international payment fees. Fyorin's pricing packages can be customised to meet your business needs and provide you with cost-effective global payments at the best FX rates.

Tipalti, Bill, and Fyorin all offer accounts payable automation solutions that streamline payments and eliminate manual work. Automating AP processes enhances efficiency and accuracy. These solutions are particularly beneficial for accounting firms, helping them handle accounts payable processes more effectively. With a 2-way-sync, they integrate with accounting platforms and other tools to centralise bills in one location, streamline approvals, streamline payments, and eliminate manual reconciliation. Payment reconciliation is streamlined to improve financial accuracy. The key difference lies in the details. Among the three platforms, Bill has the fewest integrations and no payment capabilities. In contrast, Fyorin allows you to pay in over 220+ currencies directly from the platform, rather than connecting your external bank or logging in.

Bill and Fyorin offer accounts receivable solutions with integrated accounting, the ability to create links and invoices directly from the platform, and the functionality to track payment progress. Bill and Fyorin differ primarily in the tools they integrate with - Fyorin offers a wider range of integrations than Bill. Conversely, Tipalti does not offer any accounts receivable solutions.

Bill, Tipalti, and Fyorin all provide expense management and cards. For better control and visibility of spending and elimination of out-of-pocket expenses, you can issue business and employee cards. The main difference lies in the costs and limits associated with the cards. Fyorin cards have a high out-of-the-box limit which is suitable for large purchases, come at 0% transaction cost and give you cash back every time you spend.

Unlike Tipalti and Bill, Fyorin has the unique advantage of providing businesses with the ability to bank with multiple financial institutions as if they were banking with one. This allows you to access 220+ currencies and automate payments globally. Fyorin operates on top of a network of global financial institutions, so you can easily diversify your treasury risk as your business grows and protects your long-term financial health.