Stampli

Overview

Stampli provides a procure-to-pay (P2P) automation platform designed for finance teams. The platform aims to streamline and automate various P2P processes, including procurement, accounts payable, vendor management, and payments. Stampli utilizes AI to operate daily finance tasks, enabling organizations to manage spend and scale operations without increasing headcount.

Key Features

• Procurement — Manages spend control by validating requests against budgets and GL context before commitment.
• Accounts Payable — Centralizes invoice capture, coding, matching, and routing for processing and exception resolution.
• Vendor Management — Standardizes vendor onboarding, enforces compliance, and manages payment eligibility through a secure portal.
• Payments — Executes various payment methods (ACH, check, virtual card, international) from a single workflow with built-in validation.
• Stampli Card — Provides spend management for AP and expense cards with pre-set controls and GL logic integrated into P2P workflows.
• Stampli AI — Automates finance work across P2P processes, including invoice extraction, coding, routing, and matching.
• ERP Alignment — Mirrors ERP structures, including charts of accounts, dimensions, and approval hierarchies, with bi-directional sync.

Who It's For

Stampli is designed for finance teams within organizations seeking to automate and scale their procure-to-pay operations. It targets businesses that require integrated solutions for managing procurement, accounts payable, vendor relationships, and payments. The platform supports various operational models, including centralized, decentralized, or hybrid finance structures.

Notable Strengths

Stampli's AI capabilities are a notable strength, reportedly performing an average of 87% of finance work across over 2,700 unique fields, trained on over $150 billion in annual spend. The platform emphasizes deep ERP alignment, mirroring existing structures and providing pre-validation before posting to ensure data integrity. Its comprehensive suite of in-house built integrations further supports seamless operation within diverse IT environments.