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Stampli Review

Stampli
Our score: 8.0 User satisfaction: N/A

What is Stampli?

Invoices require approval from management, which means accounts payable ensure that everything is in order before payment is made. That’s why people from accounts payables need to chase internal stakeholders to approve the payment. The whole process can be long and time intensive. With Stampli, the whole journey from vendors sending their invoices to companies making the payments is streamlined.

Stampli delivers a robust and powerful accounts payable invoice management system that accelerates communication and coordination between vendors and employees. Based in the cloud, Stampli is fast and easy to set up and implementation is a breeze. The platform also boasts of fast and seamless integrations with popular ERP and accounting platforms, eliminating the need to install a separate software for accounts payables and invoice management.

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Overview of Stampli Benefits

Stampli expedites the payment approval process by providing companies a powerful platform capable of facilitating the communication and coordination of employees and vendors. This cloud-based invoice management and approval software makes it easy for employees to send invoices to the top management for approval and payment. There is virtually no need to chase stakeholders to explain them the details in the invoice and get their approval for payment.

Fast and easy to set up, Stampli can be implemented across the whole organization in minutes. On top of that, the platform smoothly integrates with the most popular accounting and ERP software and applications. That means Stampli can function to its fullest potential without disrupting your current accounts payable environment and without the need to install a separate program.

With such simplicity and flexibility, companies that use Stampli claim that the approval time for invoices has gone down as far as 80%. For businesses, Stampli enables them to quickly see who has ownership of the invoices they receive and who has the accountability. For vendors, Stampli speeds up the whole payment approval process so that they get paid quickly.

The software can also generate reports that help improve visibility, control, and accountability. These reports provide details and insights into expense forecasts, bottlenecks and key performance indicators (KPIs).

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Overview of Stampli Features

  • Invoice management
  • Invoice tracking
  • Accounting integration
  • Duplication detection
  • Invoice Management/Processing
  • Accounting
  • Detection of ERP
  • Detection of Duplicates
  • Robust Reporting
  • Supports Single/Multiple Recipients
  • Email Notifications
  • Machine Learning
  • Collaboration
  • Search Functionality
  • Dashboard for Managers
  • Expenditure Tracking

What Problems Will Stampli Solve?

Problem: A design agency sends an invoice for services to ACME Co. They send it to Lisa whom they worked with from the Marketing Department. Lisa sends this invoice to AP. AP decides whose approval is needed to process the payment. Often, there is more than one approval needed. The invoice is sent to back to Marketing, this time to the marketing Manager, Sarah. Sarah doesn’t know what this invoice is all about and she asks two of her team managers if they know more. One of the team managers say it’s the design Lisa was working on, but she doesn’t know if all deliverables were actually received and she will ask Lisa to confirm that they were.

Solution: Lisa’s deliverables were received, except for one missing summary document. Lisa calls the agency to ask about the missing document. The design agency sends her the summary document. Lisa tells the Marketing Manager Sarah that it’s OK to pay the invoice now. Sarah approves the invoice. Sarah’s Manager approves it. AP approves the invoice for payment.

Invoice is finally approved, filed, and completed ready to be paid.

How does Stampli help? With Stampli, the process is considerably shortened. AP can review the invoice, upload it to Stampli, and tag the necessary approvers. The system will provide automatic reminders, notifications, make recommendations for process improvement, and more.

Stampli Position In Our Categories

Because businesses have particular business-related demands, it is only logical they abstain from paying for a one-size-fits-all, ”best” software. At any rate, it is difficult to try to chance on such a software product even among recognizable software solutions. The reasonable step to do is to set down the different main factors which call for a consideration including key features, packages, skill levels of staff members, business size, etc. After which, you should conduct the product research fully. Browse over some of these Stampli evaluations and look over each of the applications in your shortlist in detail. Such well-rounded product investigation can make sure you take out poorly fit applications and pay for the one which delivers all the function your company requires.

Position of Stampli in our main categories:

TOP 500

Stampli is one of the top 500 Accounting Software products

Each enterprise is different, and can need a specific Billing and Invoicing Software solution that will be adjusted to their business size, type of clients and employees and even individual industry they deal with. You should not count on getting an ideal app that will be suitable for each business regardless of their background is. It may be a good idea to read a few Stampli Billing and Invoicing Software reviews first and even then you should pay attention to what the solution is intended to do for your company and your staff. Do you require an easy and intuitive service with only elementary features? Will you really make use of the advanced tools needed by pros and big enterprises? Are there any specific tools that are especially beneficial for the industry you operate in? If you ask yourself these questions it will be much easier to locate a trustworthy software that will match your budget.

How Much Does Stampli Cost?

Stampli Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

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What are Stampli pricing details?

Stampli Pricing Plans:

Free Trial

Quote-based Plan

Contact vendor

Contact Stampli for enterprise pricing information and other product details. You can also submit a request for a 30-day free trial to see if the software is a good fit for your system.

User Satisfaction

Positive Social Media Mentions 0
Negative Social Media Mentions 0

We are aware that when you decide to buy a Billing and Invoicing Software it’s important not only to learn how professionals score it in their reviews, but also to discover whether the real clients and companies that bought these solutions are genuinely satisfied with the service. Because of that need we’ve designer our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and Stampli reviews across a vast array of social media sites. The data is then displayed in an easy to digest way showing how many users had positive and negative experience with Stampli. With that information available you should be prepared to make an informed business choice that you won’t regret.

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Technical details

Devices Supported

  • Windows
  • iPhone/iPad
  • Mac
  • Web-based

Deployment

  • Cloud Hosted

Language Support

  • English

Pricing Model

  • Quote-based

Customer Types

  • Small Business
  • Medium Business

What Support Does This Vendor Offer?

  • email
  • phone
  • live support
  • training
  • tickets

What integrations are available for Stampli?

Stampli integrates with the following business systems and applications:

  • SAP
  • QuickBooks
  • NetSuite
  • Intacct
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Louie Andre

By Louie Andre

B2B & SaaS market analyst and senior writer for FinancesOnline. He is most interested in project management solutions, believing all businesses are a work in progress. From pitch deck to exit strategy, he is no stranger to project business hiccups and essentials. He has been involved in a few internet startups including a digital route planner for a triple A affiliate. His advice to vendors and users alike? "Think of benefits, not features."

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