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The system will provide automatic reminders, notifications, make recommendations for process improvement, and more. AP can review the invoice, upload it to Stampli, and tag the necessary approvers. How does Stampli help? With Stampli, the process is considerably shortened. Invoice is finally approved, filed, and completed ready to be paid. Lisa tells the Marketing Manager Sarah that it’s OK to pay the invoice now. The design agency sends her the summary document. Lisa calls the agency to ask about the missing document. Solution: Lisa’s deliverables were received, except for one missing summary document. 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. Sarah doesn’t know what this invoice is all about and she asks two of her team managers if they know more. The invoice is sent to back to Marketing, this time to the marketing Manager, Sarah.

Often, there is more than one approval needed. AP decides whose approval is needed to process the payment. They send it to Lisa whom they worked with from the Marketing Department. Problem: A design agency sends an invoice for services to ACME Co. These reports provide details and insights into expense forecasts, bottlenecks and key performance indicators (KPIs). The startup launched back in 2015 with a mission to simplify invoice. The software can also generate reports that help improve visibility, control, and accountability. Stampli, a collaborative invoice management software company, introduced a payments product today called Stampli Direct Pay.

For vendors, Stampli speeds up the whole payment approval process so that they get paid quickly. For businesses, Stampli enables them to quickly see who has ownership of the invoices they receive and who has the accountability.

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With such simplicity and flexibility, companies that use Stampli claim that the approval time for invoices has gone down as far as 80%. Stampli is a complete AP Automation software that brings together communications, documentation, corporate credit cards, & ACH or check payments all in one place, allowing AP to have full control and visibility over corporate spending.

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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. On top of that, the platform smoothly integrates with the most popular accounting and ERP software and applications. There is virtually no need to chase stakeholders to explain them the details in the invoice and get their approval for payment.įast and easy to set up, Stampli can be implemented across the whole organization in minutes. This cloud-based invoice management and approval software makes it easy for employees to send invoices to the top management for approval and payment. Pricing Pricing Information: Please contact Stampli for pricing information Integrations View Integrations Total features support No User Reviews. Stampli expedites the payment approval process by providing companies a powerful platform capable of facilitating the communication and coordination of employees and vendors.

Stampli software cost