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Stampli

Stampli

Overview

What is Stampli?

Stampli is a finance operations platform centered on accounts payable. Built by AP experts for AP first, Stampli drives AP and finance team efficiency across the entire invoice lifecycle, from vendor onboarding to remittance to spend management and beyond.

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Pricing

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What is Stampli?

Stampli is a finance operations platform centered on accounts payable. Built by AP experts for AP first, Stampli drives AP and finance team efficiency across the entire invoice lifecycle, from vendor onboarding to remittance to spend management and beyond.

Entry-level set up fee?

  • No setup fee
For the latest information on pricing, visithttps://www.stampli.com/pricing?utm_sou…

Offerings

  • Free Trial
  • Free/Freemium Version
  • Premium Consulting/Integration Services

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Alternatives Pricing

What is BILL?

BILL is an online service for SMBs which provides a central dashboard for managing Accounts Receivable, Accounts Payable, and cash flow management. It syncs with all major accounting systems like QuickBooks, Sage, Intaact, and NetSuite.

What is Tipalti?

Tipalti automates critical financial processes to drive efficiency, including accounts payable, mass payments, procurement, and expenses, all on one global finance automation platform that grows with the organization, automating, de-risking and simplifying finance.

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Features

Payment Management

Features that allow for the management of payments across various forms of finance/accounting software.

8.8
Avg 7.0

Accounts Payable

Features found in accounts payable software products

9
Avg 6.2
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Product Details

What is Stampli?

Stampli is a finance automation platform centered on accounts payable. While other platforms are built by payments providers to capture a business’s cash flow, Stampli is built by AP experts for AP first. As a result, Stampli drives AP and finance team efficiency across the entire invoice lifecycle, from vendor onboarding to remittance to spend management and beyond.


Stampli creates breakthrough productivity by centralizing all invoice-related communication, documentation and workflows into a single view for each invoice, and by automating all manual activities using Billy the Bot™, the solution's AI. Billy’s self-learning architecture has made it more capable every day since its debut in 2015; today, Stampli states Billy the Bot has saved millions of hours of labor for customers as it processes $80B+ invoices every year.


Stampli fully adapts to a customer’s desired finance processes and ERP configuration, thanks to the complete integrations it has prebuilt for ERPs from Microsoft, Oracle, Sage, SAP, QuickBooks, Acumatica, Dealertrack, and many others. This adaptability enables Stampli to implement within weeks, not months, and is easier to learn for any stakeholder involved in the invoice lifecycle.

Stampli Features

Accounts Payable Features

  • Supported: Automated Accounts Payable Processes
  • Supported: Vendor Management

Payment Management Features

  • Supported: Customizable Approval Policies
  • Supported: Financial Document Management
  • Supported: Payment Status Tracking
  • Supported: Payment Audit Trail
  • Supported: Duplicate Bill Detection
  • Supported: Advanced OCR
  • Supported: Electronic Funds Transfer
  • Supported: PCI Compliant Security Measures

Stampli Screenshots

Screenshot of Multi-Entity SupportScreenshot of 2- and 3-way PO MatchingScreenshot of ApprovalsScreenshot of AI-powered coding and workflowsScreenshot of Invoice Centric Communication

Stampli Technical Details

Deployment TypesSoftware as a Service (SaaS), Cloud, or Web-Based
Operating SystemsUnspecified
Mobile ApplicationApple iOS, Android
Supported CountriesUnited States, Israel
Supported LanguagesEnglish

Frequently Asked Questions

Stampli is a finance operations platform centered on accounts payable. Built by AP experts for AP first, Stampli drives AP and finance team efficiency across the entire invoice lifecycle, from vendor onboarding to remittance to spend management and beyond.

BILL, Tipalti, and MineralTree are common alternatives for Stampli.

Reviewers rate Payment Status Tracking and Automated Accounts Payable Processes highest, with a score of 9.1.

The most common users of Stampli are from Mid-sized Companies (51-1,000 employees).
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Comparisons

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Reviews From Top Reviewers

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(1-5 of 19)

User Friendly and Ease of Invoice Processing

Rating: 10 out of 10
March 21, 2024
CF
Vetted Review
Verified User
Stampli
2 years of experience
I use Stampli every day whether it is to code invoices answer question or check the status of invoices. Stampli automates our accounts payable and makes coding multiple invoices take less time and still be just as accurate. Stampli gives us a range of approvers and coding so that we know where costs are from. The automation even fills in the coding details, but I still have the ability to change anything. In my case I code between 50 to 100 invoices each week and I am able to check status of invoices anytime.
  • Automation of Invoices - filling in coding details for me
  • Workflow - organization of invoices
  • Efficiency - search software
  • Customer Support
  • Reports - monthly accrual, unpaid, paid, by approver, status
Cons
  • Removal of duplicate invoices
  • Notification for rejected invoice
  • Picture of reciepts instead of PDF
Stampli has been so much easier to use than any other accounts payable program that I have used. Stampli automatically fills in coding details if it recognizes and even suggests approvers. I still have the ability to change anything which makes it even easier to use. I use Stampli everyday whether it is to code invoices answer question or check the status of invoices. Other accounts payable programs I've had to do monthly accural this one has many different reports that allow me to see anything i could think of. When I first started using Stampli I had a few questions and the customer support team was amazing they taught me some amazing tricks and how to use more of the features which has made using Stampli even easier.

Simple to use for audit/approval process for invoices!

Rating: 10 out of 10
April 02, 2024
Vetted Review
Verified User
Stampli
5 years of experience
We use Stampli for invoice auditing/approval.
  • Can scan pictures of invoice to see all details provided
  • can highlight words/numbers from first page to copy/paste
  • Can tag co workers if you have a question
Cons
  • Would like to be able to highlight items on any additional pages to easily copy/paste
Stampli is an easy system to use and has multiple benefits. Can give visibility to all employees who need to audit and approve charges on our invoices

Great AP automation tool with AI real-time capture of invoice data and seamless integration with our accounting system

Rating: 8 out of 10
August 10, 2021
Vetted Review
Verified User
Stampli
1 year of experience
Stampli is mainly used by our accounting department, but the approval feature of invoices is used across our entire organization. Stampli is an Accounts Payable management and automation tool. It allows us to manage the approval of our bills for payment with the various departments within our organization and also integrates with our accounting system to automatically enter the bills. It is also a payment tool that allows us to pay our bills through Stampli.
  • Integration with accounting systems
  • Approval tracking
  • AI used to enter details from invoices
Cons
  • AI sometimes doesn't seem to learn as efficiently as we would like
  • ACH payments can take up to 3 to 5 business days after processing which is too long for some of our processes
  • It would be nice if the system also included a copy of the invoice in the integration rather than just a link to the Stampli website.
Stampli is a great AP automation tool. In processing hundreds of invoices a month, the AI (artificial intelligence) is very helpful in automatically pulling data from the invoice into the system's fields. It directly integrates with our accounting system (currently QuickBooks Online but will also integrate with our new system Sage Intacct). It gives a link in our accounting system that allows us to quickly go to the invoice in Stampli. It allows us to make sure we have approval from various departments before paying our bills and helps us manage communication when there are issues with bills. If you don't have too many bills to track or have to manage approval from different departments in an organization, this solution would not be needed.

Stampli is the Best AP Software

Rating: 9 out of 10
June 04, 2021
Vetted Review
Verified User
Stampli
1 year of experience
Stampli is used by the Accounting department. [Stampli is] very easy to use, and all features are self-explanatory. [It is] easy to upload the invoice through email, and keep all the approval processes organized and in one place. It will solve all your AP problems. [It is] easy to transfer all the invoices to your accounting software in one click. You won't forget to pay invoices, and having Stampli Software in your organization [will not be disappointing].

  • It will solve all your AP problems.
  • Very organized and User-Friendly.
  • [Everything is] all in one place, [and it is] easy to upload invoices through your email.
Cons
  • Stampli is continuing to improve features.
  • You cannot use numbers of account number in one invoice. I hope they will introduce this feature soon.
  • I like all other features; very easy to use and user-friendly.
I like all [of] the Stampli features. [Stampli is] easy to use and self-explanatory. [It is] easy to upload the invoice through email, and keep all the approval processes organized and in one place. It will solve [all of your] AP problems. [It is also] easy to transfer all [of] the invoices to your accounting software in one click. You won't be disappointed [using Stampli software].

Stampli Changed The Way We Do Business

Rating: 10 out of 10
March 21, 2024
JK
Vetted Review
Verified User
Stampli
1 year of experience
Stampli is used for invoice uploading, approval, and payment for 3 facilities under our ownership. Stampli streamlines the invoice approval process, from the poster to the approver. We also use it to communicate with coworkers for further information if needed.
  • Communication to and from users
  • Reminds you if an invoice is marked urgent for approval
  • Shows exactly where an invoice is at within the approval process.
Cons
  • It would be nice to be able to download the invoice from Stampli and save to my computer.
It keeps all invoices and payments in one area to reference.
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