ProcurementExpress.com vs. Stampli

It's suited for SMEs looking to organize their purchasing process even in the absence of an in-house finance dept where people have a degree of autonomy in decision making on purchases Getting approvals can be slow at times, so if you have a very hierarchical company and the boss is never around to approve things, this will slow things down.

Incentivized

Stampli is best for a compony that has a large amount of payables. It stores everything in one place and reduces the need to keep paper copies of everything. It is less appropriate in a situation where payment is due at the time of services since it is sent via USPS mail and you have to take into account the mail processing times.

Incentivized

• The software is extremely easy to use and since I was a first time user I was able to load my PO's easily.
• There are not a lot of things you need to go through before being able to work on the platform which makes it simple to use.
• It saves me a lot of time by tracking my spent/income without me having to do any major calculations - Very accurate!

Incentivized

• Learning - Billy the bot learns much quicker than our previous OCR.
• Global lookup - we have multiple entities which creates a challenge for finding invoices entered in the wrong place. Stampli has removed this issue.
• Maximizing manpower - reduces the need for more personnel.

Incentivized

• Creating reports.
• Have options on the input section with more details.
• Exclude the remaining budget section of the email sent with PDF of PO.

Incentivized

• It would be awesome if I was able to search for a vendor and check number for proof of payment
• When asking questions regarding invoices it is a little confusing on how to make the requested changes.
• Webinar on use of Stampli would be appreciated.

Incentivized

I cannot imagine going back to pre-Stampli processes. Our jobs in the Accounting department (not just AP) have all become more engaging because we've cut out so much mindless, non-value added work: data entry, signing checks, stuffing envelopes, stamping envelopes, etc.

Incentivized

A lot of checks and balances in the system that are an accountant's dream - just takes some time to understand the new process to get up to speed.

Never an issue with downtime

Very fast and no issues with the Sage Intacct integration

Great program for any small business in my opinion. I use it daily and recommend it for anyone who is having trouble with keeping track of outgoing purchase money. They make it easy for someone like me who is busy on all ends to have one less thing to worry about running a company.

Incentivized

We have a dedicated rep (who was also our implementation rep--they stay with you after implementation) who we can email whenever needed and meet with every quarter. There is a chat option within the software that gets responded to by a real person within minutes.

Incentivized

Excellent documentation, step-by-step instructions

We lost an AP employee right as we were deciding to implement, so we had to speed up our timeline. We went from signing the contract to fully functional system within 4 weeks. We did not dedicate any more than 4 hours per week during the implementation.

Incentivized

We did not have a program before this. I was not a part of the purchasing decision for this program. The setup in QuickBooks that we could have used was not as functionally useful as ProcurementExpress.com for our purposes, according to the team that did purchase the software.

Incentivized

Stampli better suited our needs with the
infrastructure we have in place, met our international and workflow requirements, required minimal integration
set-up time without involving a 3rd party vendor, provided a
tailored implementation process, and offered an all-inclusive month-to-month
pricing structure.

Ease of deployment both domestic and international

• I think our CEO will be able to provide a good answer to this.
• As a Creative Director, I focus on simply keeping projects on a budget, in an effective way.

Incentivized

• decreases manual process - balances out the benefit to cost ratio in automation vs employee time
• ACH payments allow for elimination of lost checks research and reprocessing
• Vendor portal connection putt he tools in their hands to research any status they may need instead of internal employee time to research and provide