#USA #Stampli #Mountain View #procurement #AI Employee

Introduction

Stampli Procurement has been making waves in the finance automation sector. Launched earlier this year by Stampli, this new solution goes beyond traditional accounts payable (AP) automation, combining all procure-to-pay processes into one cohesive platform. This innovative approach enables finance teams to gain greater visibility, faster execution, and unified control over their spending activities.

Adoption Across Industries

The adoption rate of Stampli Procurement has been impressive, with organizations from more than 20 different sectors, including construction, hospitality, transportation, healthcare, and retail, integrating this system into their workflows. This has allowed them to streamline purchasing, accounts payable, and payments into a single visible flow. As a result, organizations experience quicker purchasing cycles, reduced blind spots in the process, and complete alignment between their procurement, finance, and operations teams.

Earning Recognition

Stampli's positive momentum is evident in its performance in G2's 2025 rankings, where the company was recognized as a leader in nine different categories such as Accounts Payable, Invoice Management, Strategic Sourcing, and Enterprise Payment. This recognition reinforces the perception that Stampli is the most complete and adaptable procure-to-pay platform currently available on the market.

How It Works

Stampli Procurement effectively empowers finance teams by providing tools that maintain control without hindering business operations. The platform connects all relevant aspects of the process—requests, approvals, and payments—efficiently. Notable features of Stampli Procurement include:

• - Dynamic Approval Workflows: These workflows automatically adjust based on the department, vendor, location, or spend threshold, keeping requests moving without needing IT support.
• - Seamless Purchase Order Creation: Users can create purchase orders directly within Stampli or through their ERP systems, with real-time synchronization ensuring accuracy across platforms.
• - Built-In Collaboration: The platform allows transaction participants—including requesters, approvers, and vendors—to communicate effectively without relying on lengthy email chains, thus preventing lost context.
• - Comprehensive ERP Integrations: Stampli integrates smoothly with leading ERP systems, such as Sage, Microsoft, Oracle, SAP, QuickBooks, and Dealertrack.
• - Centralized Vendor Management: The platform simplifies the tracking of documentation, compliance requirements, and audit readiness.
• - Real-Time Spend Control: It validates each request against budget allocations before any purchase orders are dispatched, helping to prevent overspending.

This combination of features transforms what once was a fragmented and cumbersome process into a streamlined, intelligent workflow that adapts to suit each organization’s operational style.

Real-Time Demonstrations

In a recent P2P webinar hosted by Stampli, finance leaders witnessed firsthand how the platform operates through live demonstrations. The session showcased how the software efficiently handles any procure-to-pay process while leveraging Billy, Stampli’s AI employee. Billy is not just a tool but a part of the operational structure, handling tasks from processing requests to managing data within ERP systems.

Will Lynes, Stampli's Director of Product, emphasized how the system allows flexibility to submit and manage any request easily while making sure the right stakeholders are involved at every crucial step.

Introducing Billy: The AI Employee

Billy stands out as a unique feature of Stampli. Rather than being just a chatbot or a copilot, Billy functions as a fully-fledged AI employee, specifically trained to manage finance operations. Drawing from over 83 million hours of real-world finance experience, Billy doesn’t merely assist but autonomously operates and enhances finance processes. From managing approvals and validating budgets to reconciling data across procurement and payments, Billy allows finance teams to concentrate on more strategic tasks rather than getting bogged down in routine operations. Furthermore, Billy continuously improves his capabilities by learning from billions of human actions, which strengthens the support for finance teams over time.

About Stampli

Stampli Procurement integrates all aspects of the procure-to-pay process while employing Billy to manage these functions effectively. The platform provides an automated AP function, ensuring teams maintain control over expenditures. With pre-built integrations compatible with various ERPs and a rapid implementation timeframe, businesses can begin using the system quickly, enhancing their finance operations.

In summary, Stampli and Billy work together to shift the procure-to-pay function from a mere back-office operation to a crucial strategic asset.