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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

Knowing that businesses have special business-related requirements, it is only practical that they steer clear of selecting a one-size-fits-all, ideal software. At any rate, it is hard to stumble on such an app even among widely used software solutions. The practicable thing to undertake should be to note down the numerous major functions which necessitate careful thought including important features, costing, technical skill competence of staff members, organizational size, etc. Thereafter, you must double down on your product research thoroughly. Have a look at some of these Stampli review articles and check out each of the software systems in your list in detail. Such detailed research ascertains you keep away from mismatched applications and select the system which provides all the tools your business requires to be successful.

Position of Stampli in our main categories:

TOP 500

Stampli is one of the top 500 Accounting Software products

Every company has different requirements and needs a system that can be customized for their size, kind of workers and buyers, and the particular industry they are in. For these reasons, no software can offer perfect functionality out-of-the-box. When you try to find a software system, first be sure what you want it for. Read some Stampli Billing and Invoicing Software reviews and ask yourself do you desire basic functionality or do you require complex tools? Are there any industry-specific functionalities that you are looking for? Find the answers to these questions to help your search. There are multiple aspects that you need to mull over and these include your budget, specific business wants, your company size, integration requirements etc. Take your time, try out a few free trials, and finally zero in on the app that offers all that you need to improve your company competence and productivity.

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 know that when you choose to purchase a Billing and Invoicing Software it’s important not only to find out how experts score it in their reviews, but also to find out if the real users and businesses that bought this software are genuinely content with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and Stampli reviews across a wide array of social media sites. The data is then featured in an easy to digest form showing how many users had positive and negative experience with Stampli. With that information available you should be ready to make an informed purchasing decision 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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