About Stampli
Stampli uses AI to automate invoice processing, approval workflows, and payments.
Key Features
Billy the Bot AI assistant for automated data entry and coding
Integrated communication tools for real-time collaboration on specific invoices
Automated approval routing based on predefined organizational hierarchies
Direct integration with major ERP systems like NetSuite, Sage, and SAP
Support for multiple payment methods including ACH, check, and credit card
Built-in fraud detection and duplicate invoice identification
Audit trails that record every action taken on an invoice for compliance
How to Use Stampli
1
Integration Setup
Connect Stampli to your existing ERP or accounting software to sync vendor and GL data.
2
Invoice Capture
Forward invoices via email or upload files directly into the centralized workspace for AI processing.
3
Review and Approval
Use the collaboration sidebar to ask questions to department heads before approving the AI-coded data.
4
Payment Execution
Select approved invoices for payment and execute them through Stampli Direct Pay or your own system.
Use Cases
Finance teams in South African retail groups managing hundreds of diverse supplier invoices
Accountants in Nigerian logistics firms needing to track cross-border shipping payments
Kenya-based NGOs requiring strict audit trails for international donor funding compliance
Regional construction companies automating complex subcontractor billing workflows
Growing African startups centralizing financial operations across multiple branch offices
Pros & Cons
Pros
- Reduces manual data entry errors through machine learning recognition
- Shortens the invoice approval cycle by eliminating email back-and-forth
- Provides deep visibility into corporate spending and liabilities in real time
- Scales easily for businesses managing high volumes of monthly invoices
Cons
- Requires a consultation for pricing details instead of transparent public tiers
- Initial AI training period needed to reach high accuracy for specific invoice layouts
- Primary focus is on accounts payable which may require separate tools for accounts receivable
Ready to try Stampli?
Visit the official website to get started today.