Stampli vs AvidXchange Detailed comparison features, price

Stampli

Stampli offers a comprehensive financial operations platform designed to unify and automate the entire procure-to-pay process. It streamlines accounts payable (AP), procurement, payments, vendor management, and credit card operations through a single, integrated system. Powered by proven AI technology, including an AI copilot and Cognitive AI™, Stampli automates tasks like invoice data capture, cost allocation, approval routing, and purchase order (PO) matching, significantly boosting finance team efficiency.

The platform facilitates seamless communication between internal teams and external vendors directly within the workflow. It provides robust features such as adaptable approval workflows, complete audit trails for compliance, support for complex PO scenarios, and detailed analytics dashboards for real-time visibility. Stampli emphasizes ease of deployment with pre-built integrations for over 70 ERP systems, ensuring a smooth transition and quick implementation without extensive custom development.

AvidXchange

AvidXchange offers AI-enhanced accounts payable automation solutions designed for finance teams seeking to optimize their bill management, payment processing, and workflow approvals. By integrating seamlessly with existing ERPs and accounting systems, AvidXchange enables organizations to eliminate manual, paper-based processes, centralize oversight, and ensure secure, compliant transactions. Its platform connects businesses with an extensive supplier network, providing flexible and secure payment options tailored to various business needs.

With features like intelligent reporting, customizable workflow automation, full audit trails, and real-time visibility, AvidXchange empowers users to improve productivity and free employees from repetitive tasks. The solution also supports suppliers with fast and reliable payment services through its dedicated Supplier Hub, offering several payment methods and continuous support. Built on over two decades of expertise, AvidXchange is trusted for advancing AP functions while supporting hybrid and remote work environments.

Pricing

Stampli Pricing

Contact for Pricing

Stampli offers Contact for Pricing pricing .

AvidXchange Pricing

Contact for Pricing

AvidXchange offers Contact for Pricing pricing .

Features

Stampli

AI Copilot: Automates cost allocation, approval routing, and transforms free-text requests into structured data.
AP Automation: Boosts finance team efficiency by automating invoice capture, coding, and approval routing.
Stampli Procurement: Connects procurement requests, workflows, and purchase orders directly to AP.
Integrated Payments: Facilitates domestic (ACH, check, card) and international payments across 100+ countries.
Vendor Management: Streamlines onboarding, communication, document collection, and compliance checks via a vendor portal.
Credit Cards: Offers an integrated card program built for AP processes, including expense management and controls.
ERP Integrations: Provides pre-built, in-house integrations for over 70 ERP systems (e.g., Sage, Microsoft Dynamics, Oracle NetSuite, SAP, QuickBooks).
Line-Level PO Matching: Simplifies 2-way and 3-way matching for purchase orders, including complex scenarios.
Analytics and Insights: Offers interactive dashboards and customizable reports for financial visibility.
Complete Audit Trail: Logs every activity, interaction, and authorization for compliance and transparency.

AvidXchange

AI-Enhanced Automation: Streamlines AP workflows to reduce processing time and improve accuracy.
Seamless Integrations: Connects with over 200 ERP and accounting systems for effortless adoption.
Customizable Workflows: Enables tailored approvals and processes for compliance and control.
Centralized Platform: Offers unified access to all AP activities, reports, and analytics.
Supplier Payment Hub: Provides suppliers with multiple payment options and real-time support.
Intelligent Reporting: Delivers actionable insights and visibility into spend and workflow status.
Full Audit Trail: Maintains a comprehensive record of all transactions for compliance.

Use Cases

Stampli Use Cases

Automating the entire accounts payable process from invoice receipt to payment.
Streamlining procurement workflows from purchase requests to PO generation.
Managing domestic and international vendor payments efficiently.
Onboarding and managing vendors, ensuring compliance and easy communication.
Integrating corporate credit card spending with AP processes for better control.
Improving financial visibility and control through real-time analytics.
Enhancing collaboration between finance teams, approvers, and vendors.
Simplifying PO matching, especially for complex or partial orders.