The accounts payable (A/P) process at CTI was entirely manual. As the company was experiencing growth, the manual process was creating quite a bit of paperwork with invoices, some even getting lost or misplaced, and requiring the small A/P team to spend countless hours to process. Part of the mission was to make the A/P process completely paperless.
Leveraging Stampli’s API integration with CTI’s ERP system, Intacct, key data is automatically made available between Stampli and Intacct, including vendor list and GL accounts from Intacct into Stampli. Once an invoice is processed in Stampli and ready for payment, the invoice is automatically sent to Intacct. Once the invoice is paid, payment information is sent back to Stampli.
Our CFO is happy to no longer go through mountains of paperwork to approve payments – now she can quickly view invoices and approve them all within Stampli. Stampli provided the missing link to make A/P completely paperless for CTI. Nothing gets lost and we can scale to meet future growth in invoices without immediately adding headcount.
Director of Finance and Accounting
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