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AI-powered accounts payable and procure-to-pay automation for finance teams

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Released 2015
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About Stampli

Stampli is a procure-to-pay automation platform built to help finance teams handle procurement, accounts payable, vendor management, and payments without adding headcount. Founded in 2015 by brothers Eyal and Ofer Feldman in Mountain View, California, the company built its platform around a simple idea: the invoice itself should be the workspace where every document, question, approval, and comment lives, rather than being scattered across email threads and spreadsheets.

At the center of the platform is Stampli AI, nicknamed Billy the Bot, which the company says performs roughly 87% of finance work across more than 2,700 unique fields, including suggesting GL coding based on ERP logic, performing line-level 2-way and 3-way PO matching, predicting the right approvers, and surfacing exceptions before they become downstream cleanup problems. All AI-suggested entries go through human review before posting to the ERP, and every action is captured in a complete, immutable audit trail for accountability and audit readiness.

Stampli is ERP-aligned rather than ERP-replacing, mirroring a company's existing chart of accounts and approval logic across more than 70 pre-built integrations, including NetSuite, Sage Intacct, SAP, Microsoft Dynamics, QuickBooks, and Acumatica. Its Trays feature routes invoices automatically by business unit, department, or vendor, letting centralized, decentralized, and hybrid finance teams operate in the same system without losing governance.

The platform is best suited for mid-market and enterprise finance and AP teams, particularly in industries like healthcare, construction, automotive, manufacturing, and professional services, that are processing meaningful invoice volume and want to scale operations without proportional hiring. Stampli reports serving 1,800+ customers, processing 400,000+ invoices per week, and has processed over $390 billion in cumulative spend, backed by $148 million in funding from investors including Blackstone, Insight Venture Partners, SignalFire, and Bloomberg Beta.

Key Features

  • Stampli AI (Billy the Bot) automates roughly 87% of finance work across 2,700+ unique fields
  • Invoice-centered workspace keeping documents, approvals, and communication attached to each transaction
  • Automatic 2-way and 3-way line-level PO matching
  • Dynamic, ERP-aligned approval workflows with mobile support
  • Omni-channel invoice capture via email, drag-and-drop, vendor portal, or CSV upload
  • Complete, immutable audit trail for every action and approval
  • Trays for automatic routing across centralized, decentralized, and hybrid AP teams
  • 70+ pre-built ERP integrations including NetSuite, Sage Intacct, SAP, and Microsoft Dynamics

Pros

  • AI handles the large majority of repetitive coding, matching, and routing work while keeping humans in the approval loop
  • Invoice-centered workspace keeps all context, documents, and conversations in one place, cutting down email back-and-forth
  • Deep, pre-built ERP integrations (70+) mean deployment in weeks rather than months for most systems
  • Flexible enough to support centralized, decentralized, and hybrid AP team structures in one system
  • Strong customer satisfaction track record, including G2 Leader recognition in AP Automation
  • Full audit trail and role-based visibility built in for compliance and audit readiness

Cons

  • Pricing is fully custom and quote-based, making upfront budgeting harder without contacting sales
  • Some users report the duplicate-invoice detection can flag legitimate invoices that are not actually duplicates
  • Implementation and full ERP-aligned setup can take real time to configure for complex, multi-entity organizations
  • Reporting and dashboard customization is considered somewhat limited by some reviewers compared to dedicated BI tools
  • Primarily built around procure-to-pay workflows, so companies needing a full FP&A/planning suite will need a separate tool

Pricing

Stampli does not publish fixed pricing tiers. It uses a customized, subscription-based model billed monthly or annually, with costs determined by monthly invoice volume, number of users, and which modules are selected (Accounts Payable, Procurement, Payments, Vendor Management, and Stampli Card). Upfront setup fees are generally not required, and pricing is designed to scale as a company's invoice volume and complexity grow. Third-party estimates put entry-level costs around $500+/month for smaller deployments, but organizations must contact Stampli's sales team directly for an itemized quote covering the base subscription, implementation, payment fees, and any optional modules.

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Frequently Asked Questions

Stampli is a procure-to-pay automation platform that centralizes procurement, accounts payable, vendor management, and payments in one ERP-aligned workspace, using its Stampli AI (Billy the Bot) to handle invoice coding, PO matching, and approver routing.

Stampli uses custom, quote-based pricing rather than published tiers. Costs scale with invoice volume, number of users, and which modules are selected (AP, Procurement, Payments, Vendor Management, Stampli Card), typically billed monthly or annually with no fixed upfront setup fee required.

Stampli AI automates an average of 87% of finance work across more than 2,700 unique fields, including invoice coding suggestions, line-level PO matching, approver prediction, and exception detection, with every AI suggestion subject to human review before it posts to the ERP.

Yes. Stampli offers more than 70 pre-built ERP integrations, including NetSuite, Sage Intacct, SAP, Microsoft Dynamics, QuickBooks, and Acumatica, and is designed to mirror each ERP's chart of accounts and approval logic without requiring ERP rework.

No. Stampli is a point solution focused specifically on procure-to-pay (procurement, AP, vendor management, and payments) rather than budgeting, forecasting, or strategic planning, so finance teams needing full FP&A capabilities typically pair it with a separate planning tool.

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