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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

(1-4 of 4)
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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.
  • Invoice management
  • Invoice tracking
  • Duplication detection
  • Positive. Be able to close the month with all the invoices on the system be able to figure out.
I think its easier to use Stampli or to be able to edit something if you make an error in Sage Intacct sometimes you cannot correct them and on the books everything looks messy, that's why I love Stampli because you can double-check everything before to be authorized.
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.
  • AP approval tracking & management
  • AI capture of invoice data real time
  • Integration with our accounting system
  • Decreased time spent by AP clerk on emails to various departments tracking approvals, issues with invoices, etc. Now it's all in one centralized place and the system automatically sends emails to notify of the need for approval, issues or questions about invoices, etc.
  • AI has allowed us to scale with just one AP clerk rather than a team to process AP
We selected Stampli due to the OCR and AI technologies that captures invoice data in real time plus the easy user interface. In comparing the two systems Stampli just appeared to outperform Bill.com.
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].
  • Accounts payable solution.
  • Everything is in one place, and [it is] easy to track all the invoices with approvals.
  • Most of the time, it [is] easy [to] have all [of] the invoice numbers, amounts, and accounts numbers [through Stampli's] features. You just need to review to double-check.
  • It definitely reduces the time for processing the invoices, [which also saves costs].
  • Increases the efficiency of work on the AP process. Most of the time it remembers all [of] your previous invoices, [and] how you coded [them]. You just need to double-check.
  • Definitely improved the AP process. You won't forget to pay the invoices.
All [of] the features are very easy to use and self-explanatory. Most of the time it remembers all your previous invoices how you coded and do itself. You just need to double-check. Definitely improved the AP process. You won't forget to pay the invoices. It will solve your all AP problems. [It's] easy to transfer all the invoices to your accounting software in one click. You won't [be disappointed in] this 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.
  • The digital audit trail
  • The digital filing cabinet
  • KPI tracking
  • Huge improvement in efficiency. We are able to upload invoices and code them from anywhere.
  • Improved accuracy for ledger coding as well as for audit control purposes.
Stampli's ease of use far exceeds that of Bill.com or Divvy. Almost every click is recorded in the audit trail and navigating within the portal is intuitive. Each tab is set up in order to follow the process flow, making even the newest of users comfortable.
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