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Stampli

by Stampli · Since 2015
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ActiveAvailable globallyCloud
Quick facts
VendorStampli
Year launched2015
StatusActive
Location800 California Street, Floor 2 Mountain View, Ca 94041
Countries servedGlobal
Languages8
Integrations5+
Free tierN/A
Free trialN/A
Contact salesYES

About Stampli

Stampli is an accounts payable automation software from Stampli that simplifies the invoice approval process. It combines invoice management, real-time collaboration, and AI-powered data capture so users can efficiently handle their accounts payable tasks. Stampli allows teams to communicate directly on invoices, reducing miscommunication and speeding up approvals. Additionally, it integrates with multiple accounting software to ensure smooth data transfer. Key capabilities: invoice tracking document management approval workflows collaboration tools integrations with accounting systems Best for: finance teams and accounting departments that need to simplify their invoice processing workflows.

Stampli by Stampli offers a comprehensive and efficient solution for automating Accounts Payable (AP) processes, designed to integrate seamlessly with existing ERP systems and enhance invoice management without requiring extensive reconfiguration. The software's primary goal is to streamline AP workflows by centralizing all aspects of invoice processing, including communication, documentation, and approval. One of Stampli’s most compelling features is its extensive ERP integration capabilities. Supporting over 70 ERP systems, Stampli allows businesses to deploy its platform with minimal disruption to their existing financial infrastructure. This integration capability ensures that organizations can leverage their current systems while benefiting from the advanced functionalities Stampli provides. A standout feature of Stampli is Billy the Bot™, an AI-powered assistant that significantly enhances the efficiency of AP processes. Billy the Bot™ automates key tasks such as invoice capture, coding, routing, and fraud detection. By intelligently suggesting coding for invoices and managing routine tasks, Billy the Bot™ reduces the manual effort required from users, thus accelerating the invoice approval process and minimizing errors.

Pros & Cons

Pros
  • Ease of Use: Users consistently praise Stampli's user-friendly interface, making invoice processing and navigation straightforward, even for new users.
  • Efficiency and Time Savings: Stampli streamlines AP processes, automates manual tasks (thanks to Billy the Bot), and accelerates invoice processing, leading to significant time savings for AP teams.
  • Improved Visibility and Control: Stampli provides enhanced visibility into invoice status, approvals, and payments, giving finance teams better control and oversight.
  • Excellent Customer Support: Users rave about Stampli's responsive and helpful customer support team, readily available to address questions and resolve issues.
  • Strong Integrations: Stampli seamlessly integrates with various ERPs, ensuring smooth data flow and minimal disruption to existing workflows.
Cons
  • Payment Processing Time: Some users find the ACH payment processing time in Stampli to be longer than desired, potentially impacting vendor relationships.
  • Integration Quirks: While generally positive, some users experience minor integration issues with specific ERPs, requiring additional configuration or workarounds.
  • OCR Limitations: The OCR functionality might occasionally miss capturing certain invoice details, necessitating manual input or correction.
  • Limited Feature Set: Compared to some competitors, Stampli might lack certain advanced features that larger enterprises might require.
  • Learning Curve: Although generally user-friendly, there might be a slight learning curve initially as users adapt to Stampli's workflows.

Features

Key features

1. AP-Centric

The only finance operations platform built with AP as the primary focus.

2. Efficiency, Visibility, & Control

Streamlines AP processes, eliminates workarounds, and provides a central hub for invoice management.

3. Adaptable

Integrates with your existing ERP and AP processes without disruption.

4. Smart AI

Billy the Bot automates tasks, learns from your processes, and assists throughout the invoice lifecycle.

5. Fast Implementation

Deploys in weeks, not months, and offers comprehensive support.

6. Beyond AP

Extends functionality to payments, credit card programs, vendor management, and more.

7. Broad Integration

Seamlessly integrates with 70+ ERPs.

8. Customer Satisfaction

Highly rated by users for its relationship and usability.

Additional features

1. AP Automation

Automates invoice capture, coding, approvals, and more.

2. Centralized Collaboration

All invoice-related communication and documentation in one place.

3. Billy the Bot

AI-powered assistance across the invoice lifecycle.

4. Purchase Orders

Streamlined 2- and 3-way matching, partial payments, and line item adjustments.

5. Vendor Management

Onboarding, information management, and compliance tools.

6. Multi-Entity Support

Handles invoices across multiple departments, offices, or locations.

7. Insights

Analytics and reporting for visibility into AP processes and performance.

8. Audit-Ready Access

One-click access to all invoice-related activity.

9. Invoice Processing

Streamlines the entire invoice lifecycle from capture to payment.

10. Payments

Integrated solutions for check, ACH, and credit card payments.

11. Credit Card Programs

Physical and virtual card options for AP and expenses.

12. Advanced Vendor Management

Enhanced tools for vendor relationships and compliance.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
8
Interface languages
19
Billing currencies

Interface languages

EnglishSpanishFrenchGermanItalianDutchPortugueseJapanese

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇨🇦CAD🇦🇺AUD🇯🇵JPY🇨🇭CHF🇨🇳CNY🇷🇺RUB🇧🇷BRL🇮🇳INR🇲🇽MXNKWD🇸🇦SAR🇦🇪AED🇸🇬SGD🇭🇰HKD🇹🇭THB🇮🇩IDR

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