Bill.com vs Stampli

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Our analysts compared Bill.com vs Stampli based on data from our 400+ point analysis of Accounting Software, user reviews and our own crowdsourced data from our free software selection platform.

Bill.com Software Tool

Product Basics

Bill.com is a cloud-based software solution provider that automates financial processes for small and medium-scale businesses. It streamlines accounts payable and receivable management and uses AI and machine learning to reduce tedious data entry and manual errors. As an end-to-end option, it connects businesses with suppliers and clients to assist them in managing cash inflows and outflows.
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Stampli is a cloud-based accounts payable and invoice management solution that simplifies communication with internal stakeholders for swift approval of payments. Users don't have to search for a separate invoice management system as it provides seamless integration with popular accounting and ERP platforms like Oracle, Quickbooks, Sage and SAP.

It provides a straightforward way to make payments with paperless checks or ACH transactions. Its primary features include invoice management, reporting, processing and accounting. Users get the freedom to enable communication from a centralized landing page and it provides a single site license that applies to all users. The reporting feature provides users with essential information on key performance indicators, possible obstructions, expense forecasts and more.
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$25/User, Monthly
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Windows
Mac
Linux
Android
Chromebook
Windows
Mac
Linux
Android
Chromebook
Cloud
On-Premise
Mobile
Cloud
On-Premise
Mobile

Product Assistance

Documentation
In Person
Live Online
Videos
Webinars
Documentation
In Person
Live Online
Videos
Webinars
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support
Email
Phone
Chat
FAQ
Forum
Knowledge Base
24/7 Live Support

Product Insights

  • Gain Control: Set up approval workflows and custom roles to suit the department and team. Check pending approvals, sent invoices and other payment activity from the dashboard. 
  • Everything is Synchronized: Connect with leading accounting and payment tools to speed up reconciliations and keep the books consistent. 
  • Conduct International Business: Pay vendors in multiple countries and log in multiple currencies with ACH payments, international wires, virtual cards or checks. 
  • Guaranteed Security: Ensure premium data integrity through Transport Layer Security for data encryption and transmission. 
  • Boost Efficiency: Automate manual work, minimizing the possibility of error or duplicate entry, thereby saving time and boosting efficiency. 
  • Quick Account Receivables: Pay clients two times faster with digital invoices, automatic reminders and electronic payments. Set alerts and speed up accounts receivable with electronic payments. 
  • Simplify Accounts Payable: Save half the time otherwise spent on getting paid from national and international vendors. Gain more control, flexibility and visibility with the variety of payment options. Direct bills and review the notes through pre-determined approval workflows 
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  • Quick Setup: Implement the platform in just a few minutes without the need to install a separate program or disrupt the accounts payable environment. 
  • Minimize Approval Time: Maintain accountability by keeping track of user responsibility for invoices to speed up the payment approval procedure and pay vendors quickly. 
  • Easy Matching: Ensure maximum flexibility and control with preferred payment methods and guarantee easy payments with ACH transactions. 
  • Accurate Coding: Capture invoice data in real time with a personal intelligent AP bot that comes with optical character recognition, AI and machine learning technology. Provide accurate coding and approval routing by understanding patterns within the accounting process.Get duplicate detection, builtin calculations and PO support in a paperless approach. 
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  • Automated Cleaning House Network: Get paid and receive payments faster with ACH payment processing that’s safe, speedy and cost-effective. Minimize the possibility of paper check theft with digital payments. 
  • International Payment: Send and receive payments from across the globe, and make workflows more efficient by processing domestic and international transactions for more than 130 countries. 
  • Automatically Sync the Data: Sync USD and local currency bills with leading accounting software packages like QuickBooks, Sage Intacct, Xero and Microsoft Dynamics 365 Business Central. 
  • Software Integration: Connect with the existing accounting software and allow data to flow between systems to keep everything up to date. Export information through templates, import bills and invoices to keep them up to date. 
  • Accounts Payable: Import invoices without any manual intervention. Get control, flexibility and visibility by using multiple payment options and tracking facilities. 
  • Accounts Receivable: Create and customize professional invoice templates for regular customers. Automate account receivables with automatic charges and payments. Get quick information on the receivables by tracking the status. 
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  • Seamless Integration: Receive integrations with the existing accounting system and invoice processes.  
  • Smart Capture: Digitize document-centric processes by classifying and separating documents. Auto-extract key data and put it in the system for record, enhance customer experience by combining the speed and scalability of the cloud and receive accurate and complete turnaround on documents. 
  • Invoice Processing: Save time and costs by automating processes such as approval selection, notifications, GL-coding and more utilizing the platform’s AI tools. 
  • Audit Trails: Get one-click access to invoice related conversations and activities to support audits. Histories of approved bills are stored in the platform’s AP Automation system and are available for download at any time. Stay up to date with accounting and bookkeeping information and certify that account statements match. 
  • Duty Segregation: Eliminate fraud and enforce internal control using customized roles and permissions.  
  • Intuitive Dashboard: Get access to accounts payable, approvers and any user involved with the bill with the easy-to-use interface. Make use of advanced search, reports and the management dashboard to gain full visibility into the process and get all the information required to make a well-informed decision. 
  • Collaboration Hub: Send, track and view invoice communication on a centralized system. Users can send direct messages to other employees in order to keep track of crucial movement within invoices. 
  • Payment: Give users the freedom to make the payment through their preferred payment system and update payment information directly into the system. 
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Product Ranking

#42

among all
Accounting Software

#185

among all
Accounting Software

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User Sentiment Summary

Great User Sentiment 2020 reviews
Excellent User Sentiment 20 reviews
85%
of users recommend this product

Bill.com has a 'great' User Satisfaction Rating of 85% when considering 2020 user reviews from 5 recognized software review sites.

94%
of users recommend this product

Stampli has a 'excellent' User Satisfaction Rating of 94% when considering 20 user reviews from 2 recognized software review sites.

4.3 (14)
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4.4 (1165)
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4.2 (523)
4.7 (10)
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4.7 (10)
4.4 (6)
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3.9 (312)
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Awards

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Stampli stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

Synopsis of User Ratings and Reviews

Automated Workflow: Streamlines invoice processing, approval, and payment, saving time and reducing errors.
Centralized Platform: Manages all accounts payable and accounts receivable functions in one place, providing a comprehensive view of cash flow.
Seamless Integrations: Connects with popular accounting software, banks, and payment gateways, eliminating manual data entry and reconciliation.
Robust Reporting: Provides detailed insights into spending, cash flow, and vendor performance, enabling informed decision-making.
Improved Vendor Relationships: Automates vendor payments, reduces late fees, and strengthens supplier relationships.
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Intuitive Interface: Stampli's interface is straightforward and easy to navigate, even for users without extensive accounting software experience. The platform's design prioritizes clarity and efficiency, allowing users to quickly find the information they need and complete tasks without unnecessary complexity.
Collaboration Features: Stampli facilitates seamless collaboration between departments, such as accounting and operations. Its communication tools enable users to discuss invoices, share documents, and resolve issues within the platform, reducing the need for external communication channels and streamlining the approval process.
Automation Capabilities: Stampli automates many manual accounting tasks, such as data entry, invoice matching, and approval routing. This automation saves time, reduces errors, and allows accounting teams to focus on more strategic initiatives.
Customization Options: Stampli offers a range of customization options to tailor the platform to specific business needs. Users can configure workflows, approval processes, and reporting formats to align with their organization's unique requirements.
Integrations: Stampli integrates with various accounting and enterprise resource planning (ERP) systems, enabling seamless data transfer and eliminating the need for manual data entry. This integration ensures data consistency and streamlines accounting processes.
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Lack of Customization: Limited flexibility in customizing reports, workflows, and user permissions, making it difficult to adapt to specific business needs.
Limited Integration Options: Fewer pre-built integrations with other business applications compared to competitors, leading to manual data entry and potential errors.
Inconsistent User Interface: The user interface can be inconsistent across different modules, resulting in a steep learning curve and reduced efficiency.
Slow Response Times: Users have reported experiencing slow loading times and delays when processing large volumes of transactions or generating reports.
Limited Functionality for Complex Accounting: May not offer advanced features required for complex accounting needs, such as multi-entity consolidation or specialized industry-specific functions.
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Limited Customization: Some users find the platform's customization options to be somewhat restrictive, especially when it comes to reporting and dashboards. The available templates may not always align perfectly with specific business requirements, potentially requiring workarounds or manual adjustments.
Mobile App Functionality: While Stampli offers a mobile app, its functionality is more limited compared to the web version. Users may find that certain features or tasks are easier to complete on the desktop platform, which could impact convenience for those who rely heavily on mobile access.
Integrations: Although Stampli integrates with various accounting software and ERP systems, the depth of integration can vary. Users have reported occasional challenges with syncing data or experiencing delays, which can affect workflow efficiency and data accuracy.
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Users highly rate Bill.com's user-friendly interface, time-saving automation features, and excellent customer support. They appreciate the ability to easily track invoices, automate payments, and reconcile bank statements. Compared to other accounting software, Bill.com stands out for its seamless integration with popular business applications and its robust reporting capabilities. These strengths make it a valuable tool for businesses looking to streamline their financial operations and improve efficiency. While Bill.com excels in many areas, users have also noted some limitations. Some users find the software's pricing structure to be higher than competitors, and the lack of advanced inventory management features may be a drawback for businesses with complex inventory needs. Additionally, the software's reliance on an internet connection can be a concern for businesses that require offline access. Overall, Bill.com is an excellent choice for businesses seeking a user-friendly and efficient accounting solution. Its strengths in automation, integration, and reporting make it a valuable tool for streamlining financial operations. However, businesses with advanced inventory management needs or those requiring offline access may need to consider alternative options.

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Stampli is a cloud-based accounts payable (AP) automation platform that helps businesses streamline their financial processes, offering features like invoice processing, expense management, and B2B payments. Stampli appears to shine in its ability to integrate with over 70 enterprise resource planning (ERP) systems without requiring major modifications, unlike some competitors that may necessitate substantial rework. This seamless integration is crucial for businesses as it allows them to leverage their existing ERP investments and avoid disruptions to their workflows. Stampli's user-friendly interface and comprehensive AP automation capabilities have garnered positive feedback, but some users have expressed concerns about its pricing structure and occasional customer support delays. While Stampli offers a robust set of features, businesses should carefully evaluate their budget and support needs before committing. Overall, Stampli seems well-suited for mid-market and enterprise-level businesses seeking a scalable and adaptable AP automation solution that integrates effortlessly with their current ERP systems. Its ability to handle complex workflows and high invoice volumes makes it a valuable tool for organizations looking to optimize their financial operations and gain better control over their spending.

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