Stampli
The #1 procure-to-pay platform with AI-powered accounts payable automation.
Executive Summary
Stampli is a comprehensive procure-to-pay platform that centralizes accounts payable communications, documentation, corporate cards, and payments, offering full control and visibility over corporate spending. It is designed for finance and AP teams in SMBs to enterprises, streamlining the entire invoice lifecycle from receipt to payment. The platform's key value lies in its AI-powered automation, particularly 'Billy the Bot,' which significantly reduces manual work, accelerates approvals, and enhances data accuracy, allowing AP teams to focus on strategic initiatives.
Use Cases
- Automating end-to-end invoice processing from receipt to payment.
- Streamlining and accelerating invoice approval workflows across multiple departments and entities.
- Ensuring compliance and reducing fraud through robust audit trails and vendor document management.
- Managing and controlling corporate spending with integrated corporate cards and payment automation.
- Gaining real-time visibility and actionable insights into AP data for strategic financial decision-making.
- Automating 2-way and 3-way purchase order matching to prevent discrepancies.
Features
Visibility
- Interactive Dashboards: Gain real-time insights into AP health and performance with customizable dashboards and widgets.
- Customizable Reports: Access and analyze crucial accounts payable data with intuitive, customizable reports across the procure-to-pay lifecycle.
- Advanced Search: Quickly find any invoice, expense, or payment document using powerful search capabilities with filter options.
- Complete Audit Trail: Every activity, interaction, and authorization is logged, providing a comprehensive and auditable history.
- Multi-entity Management: Process and pay invoices across multiple departments, locations, or companies within a single AP solution.
Intelligence
- AI-Powered Invoice Capture: Automated data extraction from invoices using OCR and AI/ML, eliminating manual entry and ensuring accuracy.
- Billy the Bot AI Assistant: An AI employee that learns and automates GL coding, approval routing, and other manual tasks, growing smarter with every use.
- 2-Way and 3-Way PO Matching: Effortlessly matches invoice lines to purchase orders and goods receipts, supporting complex POs and partial matching.
- Duplicate Invoice Detection: AI-powered system automatically identifies and flags potential duplicate invoices to prevent erroneous payments.
- Configurable Approval Workflows: Build flexible and dynamic approval workflows based on various factors like amount, department, or vendor.
Support
- Dedicated Customer Success Manager: Every customer receives a dedicated CSM to ensure successful implementation and ongoing optimization.
- AP and ERP Expert Support: Customer support is staffed by experienced AP professionals with deep ERP knowledge for relevant and effective solutions.
- Extended Business Hours Support: Support team is available during extended business hours (e.g., 9 AM to 8 PM EST) with fast response times.
- Comprehensive Onboarding and Training: Provides user training and onboarding to ensure rapid user adoption and efficient use of the platform.
Technical Specifications
- Architecture
- Cloud-native SaaS
- Deployment
- Cloud/SaaS
- Authentication
- SSO, SAML 2.0, MFA
- API Available
- Yes
- MCP Server
- No
Infrastructure
- AWS
AI/ML Stack
- NLP
- Machine Learning
- Computer Vision
Integrations
- QuickBooks
- NetSuite
- Sage Intacct
- Oracle
- Microsoft Dynamics
Security & Compliance
Certifications: SOC 1 Type II, SOC 2 Type II, GDPR Compliant, HIPAA Compliant
Encryption: AES-256 at rest, TLS 1.2+ in transit
Pricing
- Model
- Modular subscription-based pricing, determined by invoice volume, number of users, and selected modules.
- Starting Price
- Contact sales
- Target Customer
- SMB to Enterprise
- Contract Type
- Monthly or Annual
- Free Trial
- Yes, Custom demo (credit card required)
About Stampli
Stampli is a SaaS company that provides accounts payable automation and invoice management software for finance teams, combining invoice capture, workflow collaboration, and payments. Their platform uses AI-driven data capture and ERP integrations to accelerate approvals, reduce errors, and improve cash flow.