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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
The ease of routing is unmatched. The ease of approvals for individuals within the organization is unmatched. It is a tool that has moved our company forward in both technology and increased productivity. The implementation was a very easy process and customer support walked us through each step necessary to "go live". We process thousands of invoices monthly without hiccups, and it has cut down on employees having to request information from the finance dept. as they are able to pull up any invoices that have been placed in their queue to see the status or get a copy if needed. There are multiple reports that can be run through Stampli, from spend per vendor to productivity of accounts payable administrators. You can break down the time it is taking employees to approve their invoice and find any bottlenecks in the process. Stampli is a wonderful tool and we are very happy that we chose to implement it in our department! With Stampli, we have decreased our days to process by over 3 days!!
March 31, 2024

I <3 Stampli

Score 10 out of 10
Vetted Review
Verified User
My company uses Stampli as our primary invoice processing and payment system. Stampli centralizes and formalizes the invoice process from start to finish of processing, reviewing, approving, and payment functions in a simple way across our various departments.
Score 10 out of 10
Vetted Review
Verified User
Incentivized
We use Stampli as the first resource for reviewing and entering invoices into our system, Microsoft Dynamics Business Central. Stampli is the place our team is able to quickly access, code and enter invoices for review before posting in our ERP. This helps us with global look up and duplicate detection reducing our posting errors.
March 28, 2024

Love Stampli!

Score 10 out of 10
Vetted Review
Verified User
Incentivized
We use Stampli as our accounts payable platform. It allows us to upload all of our invoices to be paid and stores them in the system, so we can go back at anytime to look at anything we need to look at. It also allows us to set up an approval workflow so that all invoices that need paid can be approved by the appropriate party. It saves everyone time because we do not have to manually create work orders in our DMS system, and it sends our our payments via check so we do not have to print the checks at our location and stuff them into envelopes.
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.
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.
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>
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.
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.
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.
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.
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!
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.
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.
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.
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].

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.
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