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Stampli

Stampli

Overview

What is Stampli?

Stampli is for Accounts Payable teams that want the efficiency of automation, but don’t want to rework their ERP or change their existing AP processes. Stampli provides support for the full range of native functionality for 70+ ERPs.

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Recent Reviews

Amazing and Easy to Use

10 out of 10
March 21, 2024
I used my Stampi card every day for my work needs, such as, office supply, equipment, breakroom groceries amongst other miscellaneous …
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Stampli Review

10 out of 10
March 21, 2024
We use Stampli for accounts payable purposes. This system assists with our process and helps the process run smoothly, fast, extremely …
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TrustRadius Insights

Stampli has proven to be a valuable software solution for streamlining and automating the invoice management process, significantly …
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Stampli is the Best AP Software

9 out of 10
June 04, 2021
Stampli is used by the Accounting department. [Stampli is] very easy to use, and all features are self-explanatory. [It is] easy to upload …
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Popular Features

View all 9 features
  • Payment Status Tracking (10)
    9.1
    91%
  • Automated Accounts Payable Processes (9)
    9.1
    91%
  • Duplicate Bill Detection (10)
    8.9
    89%
  • Payment Audit Trail (10)
    8.7
    87%

Reviewer Pros & Cons

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Pricing

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What is Stampli?

Stampli is for Accounts Payable teams that want the efficiency of automation, but don’t want to rework their ERP or change their existing AP processes. Stampli provides support for the full range of native functionality for 70+ ERPs.

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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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 6.0

Accounts Payable

Features found in accounts payable software products

9
Avg 5.5
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Product Details

What is Stampli?

Stampli is presented as a solution for Accounts Payable teams that want the efficiency of automation, but don’t want to rework their ERP or change their existing AP processes. Stampli provides support for the full range of native functionality for more than 70 ERPs so that it can deploy in a matter of weeks, not months, with no disruption to the user's business.

Stampli brings AP-related communication, documentation, and workflows into one place for complete visibility and control. To make it simple to learn and use, its Billy the Bot™ feature automates nearly all capture, coding, routing, fraud detection, and other manual tasks. To drive efficiency, Stampli’s core AP solution is complemented by a suite of integrated products that include Direct Pay, Credit Cards, Advanced Vendor Management, and others.

Stampli is designed to provide complete visibility and control over the entire AP program. It aims to reduce the risk of errors, fraud, and compliance issues while improving vendor relationships and making AP processes more efficient.

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 Video

Stampli: an Accounts Payable platform built for AP

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 for Accounts Payable teams that want the efficiency of automation, but don’t want to rework their ERP or change their existing AP processes. Stampli provides support for the full range of native functionality for 70+ ERPs.

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

Reviewers rate Customizable Approval Policies and 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 and Ratings

(45)

Community Insights

TrustRadius Insights are summaries of user sentiment data from TrustRadius reviews and, when necessary, 3rd-party data sources. Have feedback on this content? Let us know!

Stampli has proven to be a valuable software solution for streamlining and automating the invoice management process, significantly reducing the effort and resources required for manual management. Users have praised its advanced capabilities, such as automatically detecting and fixing invoice problems, which have greatly increased productivity. By consolidating all activities on one platform, Stampli has improved invoice processing efficiency and eliminated the need for manual data entry, saving users significant time and reducing errors. The software has also facilitated efficient invoice approval processes, providing transparency and enabling easy access to review invoices before payment release. Additionally, Stampli's ability to track departmental spending separately while using a single line of credit has been highly appreciated by users. Overall, Stampli has solved numerous challenges in accounts payable and procurement processes, offering a comprehensive solution for handling invoice approvals, payments, and expense tracking.

Moreover, the software's automation of AP and payment processing, credit card receipt documentation, and reconciliation has eliminated repetitive work and reduced human error. This has resulted in increased accuracy in processing invoices and improved overall financial decision-making. Users have also found value in Stampli's ability to import invoices into the system, eliminating the need for manual entry and improving accessibility. Furthermore, the software's centralized storage for electronic invoices has facilitated audit fieldwork and enhanced transaction understanding. Stampli's Direct Pay feature has been particularly useful for cutting checks to vendors efficiently. The software has also provided excellent support for audit purposes by offering a visible audit trail and approval tree. Users appreciate the ease of use of Stampli's interface, its customization options, and the customer service provided by the company.

Users recommend trying Stampli for its easy setup, helpful staff, and cost-effective solution that covers most desired features. They suggest utilizing the help guides and finding the support team to be responsive and helpful. Users appreciate Stampli's dynamic approver process, integration capabilities, and quick setup. They highly recommend Stampli for accounting purposes such as submitting documentation, payments, and invoices. Additionally, users praise Stampli's PDF recognition feature, time-saving benefits, and improved communication. They suggest inviting key users to help implement Stampli from the beginning and focusing on the organization's needs. Users find Stampli intuitive and user-friendly, especially for fast-paced, high-volume AP departments. They believe Stampli is a reliable solution for workflow improvement and batch uploads. Furthermore, users recommend asking industry-specific questions to ensure Stampli meets specific needs and testing actual invoices in the UI before purchasing. Users highly recommend making the switch to Stampli due to its simplified approval process and game-changing features. Overall, users find Stampli to be a great tool for AP automation that increases accountability and reduces errors in the AP process while streamlining the billing process efficiently.

Attribute Ratings

Reviews

(1-15 of 15)
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Score 10 out of 10
Vetted Review
Verified User
The system is incredibly intuitive, easy to deploy, use, and integrate with Sage Intacct. The Stampli team listens to their customers, continually upgrades the product, has impeccable customer support- probably one of the best I've encountered in my 30 years' experience as a vendor and customer. The Customer Sucess team is very knowledgeable in the Accounts Payable space, schedules system optimization meetings to help our AP team understand how we can better utilize AP automation based on system usage metrics.
  • Product roadmap details
  • System optimization meetings
  • Customer support
  • Resource page on website
Score 10 out of 10
Vetted Review
Verified User
Incentivized
We use Stampli as a means to augment our AP data entry as we went from 1.5 employees down to .5 employees dedicated to AP. We have a high volume of invoices for the staff time allocated to AP, and Stampli has made it very manageable.

We use Stampli to have a more robust and meaningful invoice approval process than we had prior.

We also use Stampli Direct Pay, which has saved us hours of time each week that had been spent printing, signing, stuffing, and stamping vendor payments.
  • Customer service
  • Implementation
  • Core functions (OCR, AI learning of how particular invoices are processed)
  • W9 submission
  • ACH payments
  • Only 1 template for vendor onboarding--we have multiple vendor "types" that would benefit from having tailored invites to the vendor portal
  • The software doesn't locate invoice details (such as invoice total) after the 1st page
  • Invoice discrepancy reporting could be easier and more robust
Stampli costs about the same as 1/2 an AP salary, but it can easily replace 1 or more headcount. AP has been a difficult position to fill over the last several years, and the quality/accuracy of the work seems to have declined at the same time. Stampli can reduce the time spent on data entry down to seconds per invoice, and it gets the basic info entered accurately before AP staff even looks at it. It can handle PO match invoices better than our ERP system (which it integrates with).
Score 10 out of 10
Vetted Review
Verified User
Incentivized
We use Stampli for the payment of our vendors.<br>It addresses timely payment of vendors, invoice management, invoice tracking and duplicate invoice detection.<br>It's very easy to use the functionality is awesome.<br>And would highly recommend to any company that needs to approve invoices, and pay their vendors in a timely manner.<br>
  • Easy approval process
  • Very easy to use
  • Vendor paid timely
  • no duplicate vendor errors
  • very friendly software
  • Changing invoice approvals
March 21, 2024

Stampli Review

Score 10 out of 10
Vetted Review
Verified User
Incentivized
I am a Nursing Home Administrator with a company that has multiple locations across multiple states. We use Stampli for all of our AP processes. I have not personally had any business problems with the system. Mostly operator error as we have a system of cost codes that invoices are coded to for bookkeeping purposes. We, myself and my business office manager access Stampli multiple times per day whether it is to search for a paid invoice for proof of payment, or search for a specific vendor to follow up on terms. We utilize the approval process for invoices monthly for Profit and Loss statements. It is very efficient and I am impressed with the ability of the software to upload any information it sees on the invoice such as, invoice date, vendor name, amounts, etc. That is very helpful.
  • Keeps track of all vendors and invoices per location. (we have 11)
  • Has ability to organize paid invoices, rejected invoices, authorized invoices, etc.
  • Advanced search criteria is impressive for looking for those "needles in haystacks".
  • It would be awesome if I was able to search for a vendor and check number for proof of payment
  • When asking questions regarding invoices it is a little confusing on how to make the requested changes.
  • Webinar on use of Stampli would be appreciated.
It is well suited for my business in that we have 11 locations with all accounts payable going through the Stampli software. It is easy to find location, vendors, payment history, rejected invoices, etc. when needed.
March 21, 2024

Use Stampli!

Score 9 out of 10
Vetted Review
Verified User
Incentivized
I am responsible for the ordering of supplies for several departments. Stampli helps me keep the department orders organized. It also sends me reminders allowing me to process invoices to corporate in a timely manner.
  • Allows an 'enlargement' icon to more easily view small invoices
  • Sends reminders to process invoices
  • Provides a library to house invoices until I am ready to process them
  • Provide more description on what items were purchased when trying to marry invoices up with amounts listed. Currently it only shows the vendor and not the item.
  • Allow better access to previous invoices. That may be available, and I just may not have privileges.
My experience with Stampli has been positive. Other than just a couple of suggestions listed earlier, there is nothing more that I would like to add. It is an easy and efficient program to use. I am more organized since using Stampli.
Score 10 out of 10
Vetted Review
Verified User
I used my Stampi card every day for my work needs, such as, office supply, equipment, breakroom groceries amongst other miscellaneous stuff we may need. This product addressed many operational problems by providing us financial support when things are needed at the office last minute, such as dippers, formula and anything we need from any store, it is quick and easy to use.
  • Easy to use
  • Financial Support
  • Great Customer service
  • Digital option
  • Better tracking system
  • Allow for Connection with other store for receipt collection
Im my opinion every organization should benefit form the Stampli services, there is a lot manager and supervisors need in order to be successful in their fields and Stampli can help alleviate some of these burdens. This cards is amazing, easy to use and it provides great sense of security.
Score 10 out of 10
Vetted Review
Verified User
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
  • 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.
Joelle Kolarcik | TrustRadius Reviewer
Score 10 out of 10
Vetted Review
Verified User
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.
  • 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.
Score 10 out of 10
Vetted Review
Reseller
We use Stampli to process all invoices and credit memos into our ERP. It matches things very well and integrates with very little issues. The time consuming check printing problem is now out of our hands! This is a huge plus allowing staff to move onto other more important tasks. We recently added DirectPay. This add on has allowed us to improve our AP processing time and the Option of ACH payments to our vendors is a huge plus! No more delayed USPS mail wait times or missing checks to replace!
  • Integrates with Netsuite
  • Matches Vendor records and only allows you proceed with a PO if it matches perfectly.
  • Direct Pay options for check processing and ACH to vendors
  • If a linked invoice has a small change the flow downstream will fail
  • Allowing users to reset their password in the profile instead of at login
  • Improving sync time would be a plus
The NetSuite integration is very helpful in time saving. Payment, invoice, and memo links back and forth between the two systems are a wonderful feature. There are times when we have to process a in hand check, Stampli is not utilized in those situations.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
Stampli is used on a daily basis to automate our AP processing. Our old process involved following up with emails for invoices that had outstanding approvals, downloading said emails and invoices into a consolidated PDF, and entering each one manually into Netsuite. Stampli has helped save time and effort with its efficient system that includes automatic reminders to approvers as well as syncing with Netsuite on a frequent basis without issue.
  • Learns and automates how invoices are booked (i.e. what accounts to use, class codes, dept codes, reading invoice details, etc.)
  • Records all actions, comments, approvals for auditing documentation
  • Recognizes and flags any duplicate invoices
  • Validated syncing with our accounting system (NetSuite)
  • Due date - sometimes it recognizes the vendor's net terms, other times it doesn't and needs to be corrected.
When you're coding numerous invoices on a weekly or daily basis, it's a must to have a system like Stampli help automate the process and keep everything recorded in one place. In our old manual process, it was tedious to go through emails for invoice approvals and sometimes it was easy to miss. Stampli made it efficient to route all approvals through its system and see what is still pending approval.
March 21, 2024

Stampli Review

Score 10 out of 10
Vetted Review
Verified User
We use Stampli for accounts payable purposes. This system assists with our process and helps the process run smoothly, fast, extremely sufficient and non complicated. This system is used daily within our company to upload all invoices we receive. This system populates the information therefore it makes our job a lot easier.
  • uploads information
  • no glitches
  • easy to use
  • when the invoice is 3 pages it seems the system is unable to detect amount
as stated before, this system is very easy to use and makes the process of uploading any invoice easy and fast. There is minimum in put on the users end. The system does most of the work.
April 27, 2022

Stampli is the BEST!

Score 10 out of 10
Vetted Review
Verified User
Incentivized
In our organization what we do is processing invoices sending to the admin and BOM of the facilities the invoices for approval so vendor can be paid.
  • Processing Invoices
  • Approving Invoices
  • Accounting Process
  • approved tab, after be exported be able to edit the invoice
  • the crop-split tool, separate the bill
  • improve in the approvers tab be able the system determinate who is the approver depending on the facility.
What I like of Stampli is that it's easy to use. Also that once an invoice is processed and goes to the approvers you still have the chance to double-check all the information so the invoice can't be exported with error or duplicate. The functionality is awesome.
Score 8 out of 10
Vetted Review
Verified User
Incentivized
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
  • 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.
Score 9 out of 10
Vetted Review
Verified User
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.
  • 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].
Score 9 out of 10
Vetted Review
Verified User
Incentivized
Stampli is currently being used by the fiscal department as a digital storage cabinet for purchase approvals as well as coding of invoices. The management of the organization also uses Stampli to approve departmental invoices and ask questions of vendors all within the Stampli portal.
  • Stampli does invoice coding and tracking very well. Coding and invoice images are side by side, giving the user plenty of screen space to see image details.
  • The middle audit trail pane is fantastic for following up on any issues with vendors or communication between approvers and data entry.
  • Stampli dashboards are great for recording KPI information. It helps keep our employees accountable for data entry as well as helps make sure that payments are being made on time.
  • Honestly it's hard to find anything wrong. All of our feedback is valued and 50% of the time our feedback results in an actual change in the platform.
Stampli is well suited for organizations with multiple approval structures and definitely for organizations with multiple locations. With the central audit trail pane, communication between employees, vendors, and approvers is clear and easy to follow. If your organization is trying to reduce the amount of filing and paper being used, Stampli is great for pulling audit supporting documentation.
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