Stampli vs Kashoo

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

Kashoo Software Tool

Product Basics

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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Kashoo is a sophisticated accounting software designed to streamline financial management for small businesses and freelancers. It excels in simplifying tasks such as invoicing, expense tracking, and bank reconciliation, making it particularly suitable for industries like retail, consulting, and creative services. Users appreciate its intuitive interface and the ability to generate insightful financial reports effortlessly. A standout feature is its automatic categorization of expenses, which saves time and reduces errors. Kashoo's cloud-based platform ensures data is accessible from anywhere, enhancing flexibility for users on the go. Compared to similar products, Kashoo is praised for its straightforward setup and user-friendly experience. Pricing details are not explicitly available, so potential users are encouraged to contact SelectHub for a tailored quote. Overall, Kashoo offers a robust solution for those seeking efficient and reliable accounting software without the complexity often associated with larger systems.
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Product Insights

  • 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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  • Streamlined Financial Management: Kashoo simplifies bookkeeping by automating data entry and categorizing expenses, allowing you to focus on strategic financial decisions rather than manual data input.
  • Real-Time Insights: With Kashoo, you gain immediate access to up-to-date financial reports, enabling you to make informed business decisions based on current data rather than outdated information.
  • Enhanced Accuracy: By reducing human error through automation, Kashoo ensures your financial records are precise, minimizing the risk of costly mistakes and compliance issues.
  • Time Efficiency: Automating routine accounting tasks frees up valuable time, allowing you to concentrate on growing your business instead of getting bogged down in administrative duties.
  • Cost-Effective Solution: Kashoo offers a budget-friendly alternative to hiring full-time accounting staff, providing professional-grade financial management tools at a fraction of the cost.
  • Improved Cash Flow Management: By tracking income and expenses in real-time, Kashoo helps you maintain a healthy cash flow, ensuring you can meet your financial obligations and invest in opportunities as they arise.
  • Seamless Collaboration: Kashoo allows multiple users to access and work on financial data simultaneously, facilitating teamwork and ensuring everyone is on the same page.
  • Tax Preparation Made Easy: With organized records and comprehensive reports, Kashoo simplifies tax season, reducing stress and ensuring you take advantage of all available deductions.
  • Scalability: As your business grows, Kashoo scales with you, offering advanced features and integrations that support increased complexity without requiring a complete system overhaul.
  • Data Security: Kashoo prioritizes the protection of your financial information with robust security measures, giving you peace of mind that your sensitive data is safe from unauthorized access.
  • Customizable Reporting: Tailor financial reports to meet your specific needs, providing insights that are directly relevant to your business goals and performance metrics.
  • Accessibility: With cloud-based access, Kashoo allows you to manage your finances from anywhere, whether you're in the office, at home, or on the go, ensuring you stay connected to your business.
  • User-Friendly Interface: Designed with simplicity in mind, Kashoo's intuitive interface makes it easy for users of all skill levels to navigate and utilize its features effectively.
  • Comprehensive Support: Benefit from Kashoo's dedicated customer support team, ready to assist with any questions or issues, ensuring you get the most out of the software.
  • Integration Capabilities: Kashoo seamlessly integrates with other business tools, such as payment processors and CRM systems, creating a cohesive ecosystem that enhances overall business efficiency.
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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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  • Advanced Accounting: Maximize deductions by pulling up 90 days worth of data with automatic bank feed tools. Import bank transactions automatically, add repeating transactions, connect various feeds and accounts. Ensure protection from financial fraud and operate the business efficiently with full encryption and industry-standard security. Set up an account and send a payment link with the invoice. Collect payment with Stripe account integration. Generate important reports like cash flow, general ledger, trial balance, income statement and more. Keep a tab on the status, and ensure quicker bank reconciliations. 
  • Automated Accounting: Categorize and sort any transaction without any manual intervention with TrulySmall Accounting. Identify and keep track of the vendors with Smart Inbox. Automate operations by connecting financial records, reconciliation. Capture receipt with point and click. Align deductions to IRS and CRA. Get automatic deposition, sorting, categorization and reconciliation of every payment made by the client. Save time with automatic importing and data entry. Keep a tab on how much is being spent with few clicks. 
  • Simplified Invoicing: Invoice clients, get paid electronically and track payments with TrulySmall Invoice. Make payments convenient for everyone by offering ACH, Apple Pay and AliPay by integrating with Stripe accounts. Add customers with TrulySmall invoices. Keep tabs on the paid and unpaid invoices directly from the dashboard. 
  • Invoice Template: Make online invoicing simpler by downloading personalized, free invoice templates for PDF, word and excel. Create, track invoices, receive payments and reconcile income on the iOS and Android app. 
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Product Ranking

#185

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#199

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User Sentiment Summary

Excellent User Sentiment 20 reviews
Great User Sentiment 128 reviews
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.

89%
of users recommend this product

Kashoo has a 'great' User Satisfaction Rating of 89% when considering 128 user reviews from 1 recognized software review sites.

4.7 (10)
4.46 (128)
4.7 (10)
n/a

Awards

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

User Favorite Award

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Synopsis of User Ratings and Reviews

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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Easy to Use: Kashoo is praised for its user-friendly interface, making it simple for business owners to manage their finances without needing accounting expertise.
Invoicing: The software offers customizable invoice templates, allowing businesses to create professional invoices and automate payment reminders to streamline their billing process.
Expense Tracking: Kashoo enables users to efficiently track expenses by uploading receipts, setting up recurring expenses, and managing unpaid bills, providing a clear overview of their financial outgoings.
Bank Reconciliation: The platform simplifies bank reconciliation with automatic bank feeds, allowing users to connect their bank accounts, import transactions, and ensure their books are accurate and up-to-date.
Reporting: Kashoo provides various financial reports, including income statements and balance sheets, to give business owners insights into their financial performance and support decision-making.
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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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Limited Features: Kashoo may not be suitable for businesses with complex needs, as it lacks features like advanced reporting, time tracking, and robust inventory management.
Integration Limitations: Businesses reliant on multiple software solutions might find Kashoo limiting, as it offers limited integration options with other business tools and services.
Occasional Performance Issues: Some users have reported experiencing slowness or performance issues with Kashoo, particularly during bank reconciliation, which can be frustrating for users.
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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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Is Kashoo accounting software really as "cash-money" as they say? User reviews from the last year suggest that Kashoo is a solid, albeit imperfect, accounting solution for freelancers and small businesses. Users consistently praise its intuitive interface, making it easy to navigate even for those without a background in accounting. The customizable invoicing templates, automated payment reminders, and multi-currency support are also major pluses, simplifying the often-cumbersome billing process. However, Kashoo isn't without its shortcomings. The limited integration options, particularly for payroll, are a notable drawback, potentially necessitating manual data entry for users reliant on external payroll services. While Kashoo offers basic reporting, some users find it lacking in depth compared to competitors like Xero or FreshBooks. The absence of an Android app further limits accessibility for some. Essentially, Kashoo prioritizes simplicity and affordability over a comprehensive feature set. This makes it ideal for freelancers, sole traders, and small businesses who need a user-friendly platform for managing invoices, tracking expenses, and generating basic financial reports. However, larger businesses or those requiring advanced features like in-depth reporting, inventory management, or extensive integrations might find Kashoo's capabilities insufficient for their needs. For them, exploring more robust alternatives might be a wiser investment.

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