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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

I <3 Stampli

10 out of 10
March 31, 2024
My company uses Stampli as our primary invoice processing and payment system. Stampli centralizes and formalizes the invoice process from …
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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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TrustRadius Insights

Stampli has proven to be a valuable software solution for streamlining and automating the invoice management process, significantly …
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Popular Features

View all 9 features
  • Payment Status Tracking (15)
    9.1
    91%
  • Automated Accounts Payable Processes (14)
    9.1
    91%
  • Payment Audit Trail (15)
    8.8
    88%
  • Duplicate Bill Detection (15)
    8.8
    88%

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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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 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 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

(47)

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

(1-20 of 20)
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April 15, 2024

Stampli for the WIN!!

Score 10 out of 10
Vetted Review
Verified User
Stampli has been nothing but well suited to our business. It has taken an old clunky system that was in use and turned it into a fast, efficient system that has taken our DTP down by over 3 days. The implementation time is literally a day and the AI feature really learns the invoices and helps to route them based on prior invoices which is very helpful. We cannot say enough how pleased we are with Stampli,
March 31, 2024

I <3 Stampli

Score 10 out of 10
Vetted Review
Verified User
The Stampli tech is very good in processing our transactions and linking to our accounting system. And even for any pain points encountered, we have worked with their tech and customer rep teams (specifically [...]) to promptly resolve the matter in a seamless and pain free way (unlike our previous invoice processing provider).
March 28, 2024

Love Stampli!

Score 10 out of 10
Vetted Review
Verified User
Incentivized
Stampli is best for a compony that has a large amount of payables. It stores everything in one place and reduces the need to keep paper copies of everything. It is less appropriate in a situation where payment is due at the time of services since it is sent via USPS mail and you have to take into account the mail processing times.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
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).
March 21, 2024

Stampli Review

Score 10 out of 10
Vetted Review
Verified User
Incentivized
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
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
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
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.
Score 10 out of 10
Vetted Review
Reseller
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
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
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.
Score 8 out of 10
Vetted Review
Verified User
Incentivized
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
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 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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