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Stampli

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Company health

Employee growth
14% increase in the last year
Web traffic
19% decrease in the last quarter
Financing
March 2023 - $146M

Ratings

G2
4.6/5
(1270)
Capterra
4.8/5
(250)
Glassdoor
3.9/5
(181)

Stampli description

Stampli is an accounts payable (AP) automation software designed for mid-sized to enterprise-level companies in the USA. It simplifies and streamlines the AP process by bringing communication, documentation, and workflows into a single platform. Stampli integrates seamlessly with over 70 ERP systems, minimizing disruption during implementation. Its AI-powered features automate tasks like invoice capture, coding, and fraud detection. This allows AP teams to operate more efficiently, reduce errors, improve vendor relationships, and gain greater control over cash flow.


Who is using Stampli?


Who is Stampli best for

Stampli is an ideal AP automation solution for mid-sized to enterprise-level companies in the USA. We find that companies benefit most when seeking to streamline invoice processing, automate approvals, and gain real-time visibility into financial data. Users particularly praise its seamless ERP integrations and user-friendly interface, leading to significant reductions in manual effort.

  • Perfect for mid-sized to enterprise-level companies seeking AP automation. In our experience, Stampli particularly shines in organizations with 100+ employees.

  • While Stampli's AP automation is versatile, we see the strongest fit in industries like finance, banking, and insurance, where accuracy and compliance are critical.


Stampli features

Supported

AP Automation: Stampli's AP Automation solution streamlines invoice processing, automates approvals, and provides real-time visibility into financial data, boosting finance team efficiency by 90%.

Supported

Stampli Procurement: Stampli Procurement is the only procurement solution completely connected to AP, enabling businesses to manage purchase requests, track budgets, and control spending in one integrated platform.

Supported

Payments: Stampli Payments saves 49+ clicks for every payment you make. Stampli offers a range of payment options, including ACH, wire transfer, and virtual cards, to streamline the payment process and reduce manual effort.

Supported

Credit cards: Stampli Credit Cards: A card program built for AP first. It provides businesses with a secure and convenient way to manage expenses and track spending.

Supported

Vendor management: Stampli Vendor Management: Onboard and engage vendors without leaving Stampli. It centralizes vendor information, automates communication, and streamlines invoice submission, improving vendor relationships and reducing the risk of errors.

Qualities

We evaluate the sentiment that users express about non-functional aspects of the software

Value and Pricing Transparency

Neutral
+0.17

Customer Service

Strongly positive
+0.73

Ease of Use

Strongly positive
+0.91

Reliability and Performance

Rather positive
+0.49

Ease of Implementation

Rather positive
+0.6

Scalability

Strongly positive
+1

Stampli reviews

We've summarised 1521 Stampli reviews (Stampli TrustPilot reviews, Stampli Capterra reviews and Stampli G2 reviews) and summarised the main points below.

Pros of Stampli
  • Excellent customer support, readily available via chat.
  • User-friendly interface, easy to learn and navigate.
  • Streamlined invoice processing, significantly reducing manual effort.
  • Integrates seamlessly with many ERP systems, such as QuickBooks.
  • Effective duplicate invoice detection and alerting.
Cons of Stampli
  • Inaccurate data extraction by "Billy the Bot" requires frequent corrections.
  • Slow payment processing times, often exceeding 5 business days.
  • Duplicate invoice alerts are often triggered for valid, unique invoices.
  • Limited customization for approval workflows and user roles.
  • Difficult to locate invoices after they have been fully processed.

Stampli pricing

The commentary is based on 68 reviews from Stampli Capterra reviews and Stampli G2 reviews.

We find Stampli's pricing to be a common topic in reviews. While many users feel it's a worthwhile investment for its features and time-saving capabilities, some express concern over additional costs for certain functionalities like advanced users and international payments. A few users find the per-user licensing model restrictive.

Users sentiment

Neutral
+0.17

See the Stampli pricing page.


Stampli alternatives

  • Logo of AvidXchange
    AvidXchange
    Automated invoice and payment processing for smoother business.
    Read more
  • Logo of Tipalti
    Tipalti
    Automated global payouts, easy tax compliance, less finance headaches.
    Read more
  • Logo of BILL AP/AR
    BILL AP/AR
    Automate payables and receivables, saving time and money.
    Read more
  • Logo of Yooz
    Yooz
    Automated invoice processing. Saves time and money. Cloud-based.
    Read more
  • Logo of Quadient Accounts Payable Automation by Beanworks
    Quadient Accounts Payable Automation by Beanworks
    Automated invoice processing and payments for effortless accounting.
    Read more
  • Logo of MineralTree
    MineralTree
    Automated business bill pay for effortless control and efficiency.
    Read more

Stampli FAQ

  • What is Stampli and what does Stampli do?

    We find Stampli to be a robust AP automation solution for mid-sized to enterprise-level businesses. It streamlines invoice processing, automates approvals, and offers various payment options. It integrates with numerous ERP systems, but users have noted occasional issues with AI accuracy and payment processing times.

  • How does Stampli integrate with other tools?

    We find that Stampli shines with its seamless integrations. It connects with over 70 ERP systems, ensuring minimal disruption to existing workflows during implementation. This broad compatibility makes it a versatile choice for businesses already invested in other platforms.

  • What the main competitors of Stampli?

    We find that Stampli's main competitors include AvidXchange, Tipalti, DASH AP Robot, AppZen, Ottimate, and Cherrywork Accounts Payable Automation. These alternatives offer similar AP automation features.

  • Is Stampli legit?

    We find Stampli to be a legitimate AP automation software. They have generally positive ratings on G2, Capterra, and Glassdoor and are trusted by many users. However, keep in mind some users have reported issues with data extraction accuracy and payment processing times.

  • How much does Stampli cost?

    Stampli does not publicly share pricing details. Reach out to their sales team for a customized quote based on your company's needs.

  • Is Stampli customer service good?

    We find that Stampli's customer service is generally viewed positively. Users frequently praise the helpful and responsive support team, particularly their quick responses via the chat feature. While occasional support issues arise, the team actively works to resolve them.


Reviewed by

MK
Michal Kaczor
CEO at Gralio

Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.

TT
Tymon Terlikiewicz
CTO at Gralio

Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.