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The Top Alternatives to Stampli


On this page, we’ll break down several alternatives to Stampli and offer a comparison of Stampli vs. Tipalti. We’ve also paired it with a comprehensive guide to accounts payable.

Other Alternatives and Competitors to Stampli

Rossum

Rossum is a cloud-based gateway for automated document communication. The platform helps to instantly organize and process all incoming document traffic, whether it comes through your inbox as a PDF or in your mailbox as a letter.

There are four key steps in document-based processes that Rossum solves all at once. This includes:

  • Receiving documents across multiple channels
  • Automated understanding
  • Two-way communication to resolve exceptions
  • Acting on data using in-depth integrations

Rossum is ISO27001 certified and HIPAA compliant. 

Top Features

  • Receive documents securely from any channel with all pre-processing included.
  • Industry-leading AI turns human-readable into machine learning.
  • Automated confirmations with status updates in real-time.

Serviceable Market

The solution works best for small to medium-sized companies.

Strengths

  • System is so intuitive, any user can learn the basics quickly.
  • Easy API integration and self-service portal to instantly monitor processing.

Pricing

Pricing is custom.

It’s based on the volume of documents processed and the specific mix of features a business requires.

DocuPeak

DocuPeak is a document management solution that permits business process automation of data-driven tasks. The system offers functions in contract management, accounts payable, order capture, fulfillment, and more.

A company can easily streamline data extraction and entry to reduce manual intervention and inevitable errors. Project management, service requests, reporting, and any other data-centric process can be modeled and implemented through DocuPeak. 

Top Features

  • “Start Document Recognition” is branded OCR tech with AI capabilities.
  • Approval workflows determined by user, limit level, or both.
  • Basic vendor self-service portal for submitting bills and expenses.

Serviceable Market

Small to medium-sized companies with a modest volume of suppliers.

Strengths

  • Can be rapidly configured to a customer’s document library and workflow specs.
  • Ongoing support and training throughout the entire decision-making and implementation process.

Pricing

Pricing is custom and based on the volume of documents and transactions. 

The platform allows for unlimited users and storage at no extra cost, with free ERP integration, upgrades, and tech support.

DocuPhase

DocuPhase is a customizable, document management platform built to eliminate paper-based processes. The solution makes it easier to scan, store, share, and retrieve documents, with full visibility at any time.

DocuPhase helps a business gain control over operations, streamline AP, strengthen cash flow, and tighten up the approval process. Get paid faster by providing customers with frictionless payment options to strengthen business relationships. Data will always be digitally secure and kept at the tips of your fingers.

Top Features

  • Capture, extract, and validate all incoming documents with optical character recognition (OCR) technology.
  • Replace all forms and PDFs with an easy-to-use, no-code web form builder.
  • Replace manual file-sharing procedures with rule-based, drag-and-drop workflows.

Serviceable Market

DocuPhase has a wealth of experience to serve all industries and sectors.

Many users are in the accounting, HR, and manufacturing sectors.

Strengths

  • Total system versatility. The ability to create or change a process with very little time or expertise.
  • Strong customer service team that’s always there when you need them.

Pricing

  • The pricing for DocuPhase starts at $500.
  • There is no free plan or trial available.

Emburse Chrome River

Emburse Chrome River is a globally-focused accounts payable automation and expense management platform designed to solve evolving enterprise needs.
The system is endlessly configurable. It supports 34 languages in nearly every global currency, with deep international tax, VAT, and per diem capabilities.

Emburse Chrome River is good for large and complex expense processing workflows, and is entirely scalable. The intuitive interface works effortlessly to provide full functionality on any device, anywhere, at any time.

Top Features

  • OCR that captures header and line-level details, managed services, and streamlined approval workflows.
  • Virtual and physical cards via Emburse cards with spend control and employee travel management.
  • ERP integrations with top brands like Netsuite, Microsoft, and Oracle.

Serviceable Market

It can be a good fit for companies looking mainly for a T&E solution and basic AP functionality.

It best serves mid-market and global enterprises.

Strengths

  • Emburse provides 24/7 support in multiple languages with a lot of visual training tools.
  • Simplified completion of expense reports through CR Snap, which can be customized based on company needs.

Pricing

Three subscription-based pricing models:

  1. Transaction-based model, priced according to expense report volume.
  2. Submitter-based model, priced according to an average number of monthly submitters.
  3. Enterprise-level model that includes unlimited expense reports. Pricing is based on total employee headcount.

Tipalti

Tipalti is one of the only global payables automation solutions to streamline all phases of the AP process in one holistic cloud platform. 

Companies looking to scale can trust Tipalti can reduce workload by up to 80%. The system also provides a payment gateway to help your business grow. 

The end-to-end solution boasts built-in tax compliance and self-service supplier onboarding. Tipalti helps to centralize payables operations and deliver a white-label experience across the globe. 

Top Features

  • Accelerate the financial close by up to 25% with instant payment reconciliation.
  • Enterprise-grade controls to increase security, ensure compliance, and improve management oversight.
  • Global, performance-based platform for marketplaces, networks, or communities.

Serviceable Market

Any sized business looking to digitally transform the AP process through automation.

Strengths

  • You can reduce payment error rates by scrubbing data against more than 26,000 rules.
  • Supplier portal with instant access to real-time data, streamlining the approval process with a simple click.

Pricing

There are two plans with varied pricing: 

Tipalti Express and Tipalti Pro.

  • Express offers straightforward payment capabilities.
  • Pro has enterprise features like tax forms, multi-entity payables, and international tax IDs.

Stampli vs Tipalti

What does Tipalti Do?

Tipalti is a provider of global payables and procurement automation software that supports all phases of the AP and payment management workflow in one cloud platform. 

Tipalti Product Capabilities Overview

Tipalti addresses everything from PO management, supplier onboarding and vetting to tax and regulatory compliance, invoice processing, 2&3-way PO matching, intelligent approval workflows, and payments to suppliers in various payment methods to 196 countries and 120 currencies, supplier payment status communications, payment reconciliation, and reporting. 

Tipalti also offers advanced global AP capabilities, such as early payments, multi-entity AP, Multi-FX, and FX-hedging. Tipalti integrates with all major ERPs and accounting systems, syncing with subsidiary GL ensuring payables information is up to date and accelerating financial close by more than 25%.

What does Stampli do?

Stampli is a provider of AP Automation software. Their solutions include invoice capture and coding, internal controls, a collaboration hub, and dashboards. Stampli’s AI capabilities help organizations simplify GL coding, automate approval notifications, and identify duplicate invoices. Stampli’s AP solution supports both PO and non-PO purchases.

An illustration of a cat with a yellow eye on a dark background, featuring avidXchange alternatives.
Trustradius top rated 2020

Recognized as
TrustRadius’s #1 Accounts Payables Solution:

1st Place – Best Feature Set

1st Place – Usability

1st Place – Customer Support

Features of Tipalti vs. Stampli

Although Stampli and Tipalti both help companies automate their accounts payable processes, each platform is designed with different features and solutions for finance teams. Here’s a look at some of the differences between Tipalti and Stampli.

TipaltiStampli
*Limited functionality 
Payment Methods
Global ACH (eCheck), US ACH, Wire, PayPal, Check, and prepaid debit card
ACH, Checks and card only
Global Payment Coverage
Paying to 196 countries in 120 currencies
Limited global payment methods
Touchless Invoice Processing
OCR (Header and line level scan and capture), machine learning, managed services
Header level only OCR, no managed services
Bill Approval
No charge for bill approvers approve bills via email with no login required
Invoices approvers pay a fee of $29/m, login required, cannot approve via email
PO-Management
Integrated procurement and payable solution, helping streamline company purchases, improve spend controls, and reduce AP processing time
No PO management
Supplier Onboarding and Vetting
Effortlessly onboard vendors with a client-branded portal, preferred payment method, currency, and payment thresholds. 26K+ rules validate payments, screen against OFAC/SDN lists
Supplier portal to update payment info, but no self-service onboarding and no banking and tax rules validations
Multi-Entity Payables Reconciliation
Manage multiple entities in a single instance with a consolidated view, instant reconciliation across entities and payables workflows
Supports multi-entity roll-up view, but payment reconciliation is manual, no multi-entity branding
Tax Compliance
KPMG approved tax engine, collect W8 & W9 tax forms, collect and validate IRS and VAT tax ID, 1099 & 1042 prep reports and withholding. Validates against 3,000+ rules
No tax compliance
FX Solutions
Currency conversions without the complications – save time and money on currency conversions. Also, advanced FX solutions – intercompany bank transfers, FX hedging, payee FX
No FX solutions
Self Billing
Easily generate self-bill invoices as required by government or tax processes and execute payments upon approval
No self billing capabilities

Knowing Which Solution is Best for Your Business

Selecting the AP Automation solution that fits your business’ needs is an important choice, especially for growing teams that need a solution that can scale with their business. Your business may also need specific features such as international payment capabilities, Multi-FX, Multi-Entity, or tax and regulatory compliance. Evaluate these feature differences to help guide your decision.

When to Choose Tipalti?

You are running a hyper-growth business, whether you are scaling domestically or expanding internationally. 

You want to automate your entire workflow and accelerate financial close.

You want to strengthen compliance and controls and reduce Tax fraud and audit risk.

When to Choose Stampli?

You are a domestic and slower growth business, and you are OK with managing some workflows manually.

You do not run any operations outside of the US.

You do not have a large number of vendors.

We would have had to hire at least two more employees to handle supplier onboarding and payments, but now we can refocus the existing team on mission-critical work. With Tipalti, we’re saving two days on our accounting close.

Marc Balcke | Corporate Controller, Noom 

Tipalti provides one central hub—suppliers can provide W-8s and W-9s and their preferred payment. I no longer have to chase down documents. The billing process has been significantly easier. Tipalti is a one-stop-shop for all payments.

Andrew Jenks | Senior Accounting Manager, Lucidworks

The system is flexible for dynamically processing invoices with both two-way or three-way PO matching. That process is seamless. I can do it all in Tipalti and automatically know it’s synced back in our ERP system.

Cherith Aasen | Staff Accountant, RealWear

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