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What is Stampli?

Stampli is a comprehensive accounts payable automation platform that helps organizations simplify and optimize their invoice management processes. It leverages artificial intelligence to automate invoice data extraction, coding, routing, and approvals, leading to improved efficiency and reduced processing times.

Company Details

Stampli Inc.
Founded in 2015
51-200 employees
Mountain View, California, USA

Features:

  • AI-powered invoice processing
  • Automated invoice approvals
  • Vendor communication portal
  • Integration with accounting systems
  • Customizable workflows
  • Real-time analytics and reporting
  • Audit trails and compliance management
  • Mobile app for on-the-go approvals
  • Multi-entity support

Pros & Cons

Pros

  • Efficient invoice processing
  • Streamlined approval workflows
  • Real-time visibility into payables
  • Customizable automation rules
  • Integration capabilities with various systems

Cons

  • May require some initial setup and training
  • Cost may be prohibitive for small businesses

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