Stampli

““If we were growing the way we are today without Stampli, we would have needed significantly more AP staff.””

““With Stampli we have reduced the time to process invoices from eight days to three days.””

““If we didn't have Stampli, we probably would have needed to hire another person.””

““We went from taking four hours a day looking at variances between purchase orders and invoices to minutes.””

“Most of the AP automation vendor tools center around bill payment, and the AP side was not as robust. When we found that Stampli did exactly what we wanted, it was the obvious choice.”

“Suddenly our IT director had a huge project to implement, and a growing number of invoices to approve in Stampli. Because we have full visibility into all invoices, we were able to identify which ones required his approval, reduce his load, and enable him to focus on other projects.”

“We have 15 approvers in Stampli, and it’s easy for everyone to communicate inside the platform to ask and answer questions, track approvals, and have an audit trail,”

“The flexible approval workflow in Stampli is very valuable, as we get responses from approvers much faster. We can easily and quickly identify who has what invoice and its status in the approval process.”

“Before Stampli, our invoice lifecycle took up to 10 days, and with that came the risk of late payments and potential fees. Now it’s been shortened to about one day per approver, so three days total – that’s a 70% reduction in the invoice lifecycle,”

“We’ve gone from 10 days to one day to get all invoices into Intacct, and, that’s a huge value add because it gives my team insight into all invoices so we can better plan.”

“I think the combination of the pandemic and how Stampli has improved our AP process has shown our company the need for digital automation. From an accounting systems perspective, we’re at the beginning of what we will do with automation, and now we’ve got the foundation to enable that.”

“We brought Stampli on at the same time as the work from home order came in due to the COVID-19 pandemic. We were able to get 15 approvers in Stampli trained using the resources that Stampli provided. It’s really user friendly,”

“We can see exactly who we’re waiting for, or where any invoice stands. Our controls are stronger today because it’s easier to find information.”

“Stampli plays an important part of our daily AP process.”

“Our CFO is happy to no longer go through mountains of paperwork to approve payments – now she can quickly view invoices and approve them all within Stampli,”

“Stampli is working extremely well for us.”

“Stampli provided the missing link to make AP completely paperless for CTI. Nothing gets lost and we can scale to meet future growth in invoices without immediately adding headcount.”

“Today, we think of Billy as a team member, not an AI.”

“We can pull reports to target communications to anyone with outstanding issues.”

“Honestly, we love Billy and frequently refer to it by name.”

“We can process transactions daily, so we have visibility into outstanding transactions.”

“But with Billy now performing such time-consuming manual tasks as coding invoices to the correct general ledger accounts, the AP team has seen their responsibilities shift to projects that add much greater value to the business.”

“Before we brought on Stampli, our AP team was nervous that the AI would be a threat rather than an asset to their jobs,”

“We’ve repurposed all of the time Stampli saves the finance team for special projects, researching vendors, auditing outstanding credits, and otherwise giving team members the chance to take on more important and impactful projects.”

“We’ve gotten our card closing down to 4 days,”