Stampli

Stampli is a procure-to-pay (P2P) platform built for finance teams at mid-sized and large companies. It manages five main areas: accounts payable, procurement, payments, vendor management, and corporate cards. The platform’s AI assistant, Billy, works directly inside these workflows instead of acting like a separate chatbot. Billy has processed over $90 billion in annual spending for more than 1,600 customers and is trained on millions of hours of finance work.

Instead of replacing your ERP system, Stampli connects with the one you already use. It supports NetSuite, Sage Intacct, Microsoft Dynamics, Oracle, SAP, QuickBooks, Acumatica, and around 70 other systems through prebuilt integrations. Because of this, setup usually takes only a few weeks.

One of Stampli’s biggest strengths is flexibility. Many P2P platforms force companies to follow strict workflows, but Stampli adapts to the way your finance team already works. It supports both centralized and decentralized teams, along with simple or complex approval processes. The platform automates about 87% of routine finance tasks across thousands of data fields, while finance teams still control important decisions. Customers report processing invoices 75% faster and closing monthly books 73% faster. Every action is also tracked with a full audit trail for compliance and reporting.

Top 5 Features of Stampli:

• Billy AI for day-to-day finance work: Billy works like a digital finance team member, not just a chatbot. It reads invoices, checks for fraud risks, tracks compliance documents, and learns your company’s approval workflows over time. Stampli says it achieves 97% to 100% accuracy in PO matching.
• Smart AP automation: Stampli captures invoices with OCR, codes them to the right GL accounts, and matches them with purchase orders. It also flags duplicates, mismatches, and suspicious activity before approval. All invoice conversations stay attached to the invoice, reducing email back-and-forth.
• Flexible procurement and budget controls: Employees can submit purchase requests in plain language, and Stampli converts them into structured purchase orders inside the ERP. Its “Stampli Trays” organize requests based on factors like department, spending amount, or custom rules. Approval flows can stay fixed or adjust dynamically depending on the request. Finance teams also get real-time budget visibility, helping prevent overspending before purchases are approved. Every step, from request to reconciliation, stays connected in a single record.
• Built-in payments and corporate card management: The platform supports ACH, checks, card payments, and international payments across more than 100 countries. Stampli says this reduces manual work by cutting dozens of clicks from the payment process. The Stampli Card extends the same controls to company card spending, with budgets and policies enforced before transactions happen instead of after money is already spent.
• Vendor management with ERP integration: Stampli includes a vendor portal for onboarding, collecting W-9 forms, updating banking details, and managing compliance documents without long email exchanges. The platform syncs with major ERP systems in real time, so data stays updated automatically. Your ERP remains the main source of truth while Stampli mirrors changes as they happen, removing the need for manual imports, exports, or switching between separate systems.

Verdict

Stampli stands out as a flexible AI-powered P2P platform that helps finance teams automate invoices, procurement, payments, and vendor management while keeping their existing ERP system in place.

Weakness: Stampli is built for larger finance operations and tends to feel oversized for very small businesses or early-stage startups that just need basic bill pay. Pricing is also custom and not published, which makes initial budgeting harder than tools with transparent SaaS plans on their site.