About Stampli

Stampli stands out as a distinctive finance automation platform, with its core focus on revolutionizing accounts payable. Distinct from platforms designed by payment providers aiming to monopolize business cash flows, Stampli was meticulously crafted by aficionados of accounts payable, catering specifically to their needs. In doing so, Stampli catapults the productivity of AP and finance teams, overseeing the complete invoice lifecycle including vendor integration, payment remittance, expenditure governance, and further aspects. At the heart of Stampli's innovation is the unification of all invoice-related communications, documents, and workflow processes into a unified interface for each invoice. This is paired with the automation of traditionally manual tasks through Billy the Bot™, the industry’s unparalleled AI. With a self-evolving architecture, Billy has significantly enhanced its capabilities since its launch in 2015. It now annually processes invoices worth over $85 billion, saving countless hours of labor for Stampli's clientele. Stampli's flexibility in adapting to a client's preferred financial operations and ERP configurations is further highlighted by its comprehensive compatibility with ERPs from giants like Microsoft, Oracle, Sage, SAP, QuickBooks, Acumatica, Dealertrack among others. Stampli's adaptability ensures a swift implementation timeline, spanning just a few weeks, alongside user-friendliness for all stakeholders managing invoice lifecycles. Centralized to the platform's ethos is the facilitation of invoice processing, which streamlines the recording, categorization, approval processes, and more—boosting both the precision and efficiency of accounts payable. Seamlessly, it combines invoicing interactions, data, and procedural strands atop individual invoices, embodying the core of allied collaboration. The embedded AI, Billy the Bot™, further molds to the unique AP procedures and structure of each business, eliminating manual tasks and streamlining processes within ERP environments. On the procurement side, Stampli simplifies the matching, adjustments, and additions to purchase orders directly within its platform, alongside providing sophisticated vendor management capabilities. This ensures up-to-date maintenance of vendor information and documents, crucial for expenditure oversight, compliance, and fostering vendor relationships. Additionally, its support for multi-subsidiary operations enables seamless management and payment of invoices across various entities. For direct payments to vendors, Stampli extends its efficiency and control parameters, offering ACH transfers from clients' bank accounts without necessitating separate account setups. Moreover, Stampli also manages the printing and mailing of checks on behalf of the client, direct from the company's bank account. Notably, the Stampli Card introduces an innovative way to make instant vendor payments while accruing cashback, facilitated through a one-time use virtual credit card system. Furthermore, Stampli enriches its offering with integrated expense management solutions, allowing for the control of corporate credit and expenditure directly through the platform. This full-circle approach to managing financial transactions and processes exemplifies Stampli’s commitment to streamlining AP and finance departments' operations. Ensuring customer success, Stampli boasts best-in-class support from a team of AP and ERP experts, all aimed at maximizing the platform's utility for each customer. Coupled with fast onboarding assistance and on-demand training, Stampli ensures that its users are well-equipped and capable of leveraging the platform to its full potential, aligning with their unique business practices and requirements. This holistic approach underpins Stampli's dedication to enhancing productivity, visibility, and control across the accounts payable landscape.
Stampli Software - Stampli Invoice-Centric Communication
Stampli Software - Stampli Approver View
Stampli Software - Stampli's AI-Powered Coding and Workflows
Stampli Software - Stampli 2- and 3-Way PO Matching
Stampli Software - Stampli Multi-Entity Support
Stampli video
Stampli Software - Stampli Invoice-Centric Communication - thumbnail
Stampli Software - Stampli Approver View - thumbnail
Stampli Software - Stampli's AI-Powered Coding and Workflows - thumbnail
Stampli Software - Stampli 2- and 3-Way PO Matching - thumbnail
Stampli Software - Stampli Multi-Entity Support - thumbnail

Stampli pricing

Stampli does not have a free version and does not offer a free trial.

Starting Price:
Not provided by vendor
Free Version:
No
Free trial:
No

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Stampli Reviews for UK Users

Feature rating

Value for Money
4.6
Functionality
4.7
Ease of Use
4.8
Customer Support
4.7
5 reviews of 376 View all reviews
Prakant
Prakant
  • Industry: Financial Services
  • Company size: 1,001–5,000 Employees
  • Used Daily for 2+ years
  • Review Source
Value for Money
4
Functionality
4
Ease of Use
4
Customer Support
4

4
Reviewed on 30/12/2024

Stampli experience

Overall I love to work over Stampli because it is very smooth, never stuck, quick responsive and easy to switch between clients

Pros

No bugs between work, We can do the modification in invoice even at approved stage

Cons

Is should show GL category in "See this vendor's past invoices" without opening invoices

Jay
  • Industry: Construction
  • Company size: 201–500 Employees
  • Used Daily for 1+ year
  • Review Source
Value for Money
5
Functionality
5
Ease of Use
5
Customer Support
5

5
Reviewed on 18/11/2024

Outstanding AP Automation & Workflow Solution

Overall Stampli is an excellent platform for AP processing; it has saved us much time and hassle versus emailing out invoices for approval and manually posting them in our ERP and filing paper copies. The customizable workflow is streamlined and provides visibility into the status of all invoices in the system, so things don't get lost. The ability to ask questions of vendors and employees within Stampli is highly useful, as is the audit feed in the viewing screen for each invoice.

Pros

The smooth, automation-streamlined, and centralized process from upload to coding to approval to posting, all with a very useful and intuitive interface.

Cons

There are few downsides, but the "bot" that scans bills and auto-fills accounting fields sometimes struggles with unusually-formatted vendor invoices (i.e., hand written, etc.), or to distinguish between vendors with identically formatted invoices.

Alternatives Considered

TimberScan and SAP Concur

Reasons for Switching to Stampli

The functionality of Stampli was overall superior to these alternatives, and the pricing structure of the Direct Pay module was also preferable to us.
Eli
  • Industry: Packaging & Containers
  • Company size: 51–200 Employees
  • Used Daily for 6-12 months
  • Review Source
Value for Money
1
Functionality
4
Ease of Use
5
Customer Support
1

3
Reviewed on 07/01/2025

Stampli Overall

great choice! but for stampli they need to fix their operation!

Pros

easy to learn and user friendly environment.

Cons

assistance, i understand that there are service plans, but it take so long to get answers, in addition, we were told 1 thing at signing up, and when the time came we were told that stampli cant handle the request....

Alternatives Considered

Sage Accounting

Reasons for Switching to Stampli

at the time stampli was a more promising product
Lexi
  • Industry: Construction
  • Company size: 51–200 Employees
  • Used Daily for 6-12 months
  • Review Source
Value for Money
5
Functionality
5
Ease of Use
5
Customer Support
4

5
Reviewed on 08/10/2024

Stampli Review

overall the experience has been good. We have loved the ap automation, streamlining our processes, and the vendor management.

Pros

The ap automation and streamlining of processes

Cons

getting it set up and the longer ach times

Alternatives Considered

Ramp

Reasons for Switching to Stampli

Stampli had better AI automation and a better built out vendor management
Victoria
  • Industry: Construction
  • Company size: 51–200 Employees
  • Used Daily for 1-5 months
  • Review Source
Value for Money
5
Functionality
5
Ease of Use
5
Customer Support
5

5
Reviewed on 18/11/2024

Eagle Review

Onboarding was fast and easy. Training the other users was also easy.

Pros

The ease of coding and routing as well as seeing past invoices during the coding process. It's fully digital

Cons

Haven't found any yet. I would like to see more tutorials on the reporting side of things, but have been able to navigate easily to see what I needed to see.

Alternatives Considered

Canva

Reasons for Choosing Stampli

It was supposed to be easily integrated with IHMS which is our primary system, but it didn't store well, data didn't go back and forth between the two systems easily and the approval process was very cumbersome

Switched From

Paymerang

Reasons for Switching to Stampli

there were others but can't remember them all. The implementation processed seemed long, didn't provide what we were looking for and we had low cost for implementation and were able to abort at any point if wanted to. So far we love it.

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