Stampli

Step 1: Scan or upload invoices from multiple locations into Stampli.

Step 2: Stampli's AI, Billy, automatically captures invoice data and codes it to the appropriate GL accounts.

Step 3: Route invoices to the correct approvers based on pre-defined workflows and approval matrix.

Step 4: Approvers review and approve invoices online, adding comments or requesting changes as needed.

Step 5: Stampli automatically records all invoice data and approvals, providing a complete audit trail.

Step 6: Schedule and execute payments through Stampli, integrating with your bank or payment processor.

Step 1: Invite vendors to register on the Stampli Vendor Portal.

Step 2: Vendors submit their information, including contact details, payment information, and tax IDs.

Step 3: Stampli automatically validates vendor information against internal databases and external sources.

Step 4: Route vendor onboarding requests to the appropriate approvers for review and approval.

Step 5: Once approved, vendor information is automatically synced with your ERP system.

Step 6: Vendors can submit invoices and track payment status through the Vendor Portal.

Step 1: Integrate Stampli with your ERP system to import budget data.

Step 2: Track invoice spend against budgets in real-time.

Step 3: Receive alerts when invoices exceed budget thresholds.

Step 4: Generate reports on AP spend by vendor, department, or GL account.

Step 5: Use Stampli Card to manage and control employee spending with real-time tracking.

Step 6: Analyze spend patterns to identify opportunities for cost savings.

Step 1: Stampli automatically records all invoice data, approvals, and payment information.

Step 2: Maintain a complete audit trail of all AP activities, including user actions and system changes.

Step 3: Easily generate reports for auditors, providing a comprehensive view of AP processes.

Step 4: Implement user roles and permissions to ensure proper access controls.

Step 5: Configure data retention policies to comply with regulatory requirements.

Step 6: Conduct regular audits to identify and address any compliance gaps.