Stampli
2 Reviews 5/5 ★ ★ ★ ★ ★An accounts payable automation software offering customized approval workflows and automatic coding of GL accounts.
Product Overview
Stampli is an accounts payable automation software offering a clear invoice approval process. The ability to customize approval workflows and the automatic coding of GL accounts are significant features that add to its efficiency. Its integration capabilities with popular ERP systems like NetSuite and Intacct enable seamless data flow.Pros
- Integrates with NetSuite, Intacct, etc.
- Clear and concise invoice approval process
- Automatic coding of GL accounts
Cons
- Limited reporting capabilities
- Some users report challenges with credit card function
- Workflow for rejecting invoices could be improved
Target Market
Businesses with an employee count ranging from 50 to over 5,000 in commercial real estate, healthcare, telecommunications, construction, and non-profit organizations.Stampli is an accounts payable automation software offering full control over the invoice lifecycle. Real-time invoice processing helps companies make faster decisions with more accurate coding.
Automating accounts payable gives users visibility into bill activities, statuses, and ownership with greater transparency and accountability. Audit-ready histories of approved bills are stored in the Stampli system, so invoices can be downloaded anytime.
Stampli utilizes AI to simplify GL-coding, automate approval notifications, identify duplicates and more.
Stampli Key Features
- Segregation of Duties: Enforce internal controls and mitigate fraud by using standard and customizable roles and permissions.
- Collaboration Hub: Centrally send, track, view invoice communications and activities directly on top of the invoice.
- Smart AP Processing: Automate invoice capture & coding with AI, machine learning, and advanced AP Automation technologies.
- Intuitive Dashboard: Transition from paper to virtual trays using the Stampli AP Automation dashboard.
- Full Visibility: Gain visibility into invoice status and metrics using advanced search, reports, and management dashboard.
- Payment Agnostic: Pay vendors using any payment systems with the ability to easily update payment information in Stampli.
- Integration Capabilities: Integrate Stampli into procurement and accounting processes, and any financial system without IT support.
- Fast Implementation: Get started with AP Automation in one day through Stampli’s Customer Success team.
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Stampli Review
Completely paperless for CTI. Nothing gets lost and we can scale to meet future growth in invoices without immediately adding headcount.
Stampli Review
By automating vendor bill processing with Stampli, my job has become much more pleasant. Everything now comes to me rather than me having to go to different people directly. And everything is accurate and trackable.
