SPRING 2022 EDITION

G2 Report for
AP Automation

Customer reviews position Stampli as Leader in the G2 Grid® for AP Automation software and #1 in Usability, Support, Implementation and Results for Spring 2022.

G2 AP Automation Leader for Spring 2022

What is AP Automation?

ABOUT

Companies use accounts payable (AP) automation software to more efficiently manage large volumes of invoices and financial transactions between a company and with suppliers. While most accounting solutions include basic AP-related functionality, many of them do not provide the functionality to effectively manage complex AP processes. Companies choose AP automation software to reduce manual work and bottlenecks — and for those with AI-powered solutions — to avoid human errors and empower greater productivity for everyone involved in the P2P process.

How does it help?

This type of software simplifies complex AP activities and helps AP professionals efficiently manage large volumes of supplier invoices and improves supplier relationships. AP automation also improves the efficiency and value delivered by the AP department, and helps with other accounting activities such as financial closing. 


Who uses AP automation software?

• AP professionals and other members of the accounting department responsible for Accounts Payable. 

• Approvers, managers, executives, and other stakeholders involved in the AP process. 


How are solutions delivered?

AP automation solutions can be delivered as standalone on-premise or cloud-based products or as a part of accounting suites that also include AR automation, billing, and payment processing features. This type of software is integrated with accounting solutions or with accounting modules of ERP systems. 

SPRING 2022

G2 Grid® Report for AP Automation

Stampli’s is a Leader in AP Automation

The G2 Grid® Reports compare products in a given category based on Satisfaction and Market Presence scores. The Satisfaction score is affected by customer satisfaction with end user-focused product attributes based on user reviews. The Market Presence score is a combination of metrics including market share, vendor size, vendor age, overall growth, review volume, and both web and social presence.

SPRING 2022 AP AUTOMATION

Satisfaction Scores

The G2 Grid® Reports compare products in a given category based on Satisfaction and Market Presence scores. The Satisfaction score is affected by customer satisfaction with end user-focused product attributes based on user reviews. The Market Presence score is a combination of metrics including market share, vendor size, vendor age, overall growth, review volume, and both web and social presence.

AP Automation Satisfaction Scores - Stampli - Spring 2022 - G2
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SPRING 2022 AP AUTOMATION

Implementation Index

Stampli earned the overall “Most Implementable” score for its industry-leading fast deployment, implementation, and user adoption across AP Automation customers and users.

Best AP Automation Implementation - Stampli - Spring 2022 - G2

Implementation Index Description 

A product’s Implementation score is calculated by a proprietary algorithm that factors in real-user satisfaction ratings for a number of implementation-related review questions. Software buyers can compare products in the AP Automation category according to their Implementation scores to stream-line the buying process and quickly identify the most easily implemented products based on the experiences of their peers. For sellers, media, investors, and analysts, the Index provides benchmarks for product comparison and market trend analysis.

Implementation Index Calculations
Implementation Index
SPRING 2022 AP AUTOMATION

Usability Index

Stampli earned the overall “Best Usability” score for its adoption rate, ease of use across stakeholders, and the ease of administering its AP Automation software.

Best AP Automation Usability - Stampli - Spring 2022 - G2

Usability Index Description 

A product’s Usability score is calculated by a proprietary algorithm that factors in real-user satisfaction ratings for a number of use-related review questions. Software buyers can compare products in the AP Automation category according to their Usability scores to streamline the buying process and quickly identify the most usable products based on the experiences of their peers. For sellers, media, investors, and analysts, the Index provides benchmarks for product comparison and market trend analysis.

Usability Index Calculations
Usability Index
SPRING 2022 AP AUTOMATION

Relationship Index

Stampli earned the overall “Best Relationship” score for its industry-leading quality of support, ease of doing business with, and the likelihood that our customers would recommend our AP Automation.

Best AP Automation Relationship - Stampli - Spring 2022 - G2

Relationship Index Description 

A product’s Relationship score is calculated by a proprietary algorithm that factors in real-user satisfaction ratings for a number of relationship- related review questions. Software buyers can compare products in the AP Automation category according to their Relationship scores to streamline the buying process and quickly identify the products that provide the best relationship with software sellers based on the experiences of their peers. For sellers, media, investors, and analysts, the Index provides benchmarks for product comparison and market trend analysis.

Relationship Index Calculations
Relationship Index
SPRING 2022 AP AUTOMATION

Results Index

Stampli earned the overall “Best Results” score for its estimated return on investment (ROI) and how our AP Automation flexes to customer requirements among other results-related data in the charts that follow.

Results Index Description 

A product’s Results score is calculated by a proprietary algorithm that factors in real-user satisfaction ratings for a number of results- related review questions. Software buyers can compare products in the AP Automation category according to their Results scores to streamline the buying process and quickly identify the products that produce the best results based on the experiences of their peers. For sellers, media, investors, and analysts, the Index provides benchmarks for product comparison and market trend analysis.

Results Index Calculations
Results Index
Stampli’s simple to use interface makes it easy for our employees to review, process and pay invoices. By implementing Stampli, we were able to streamline our AP process and cut down on the amount of time it took to process invoices.
EXECUTIVE SPONSOR
Quotes Quotes

We love the ability to communicate regarding specific invoices and all of the communication being available in one place.”

— AP USER

“Stampli allows me to view all steps of the invoice process and shows exactly where an invoice is being held up, so I can quickly pinpoint what I need to do to speed things up.”

— AP USER

“The amount of time Stampli has saved me per week is unbelievable! Billy the Bot saves me tons of keystrokes and I can have an invoice entered and sent off for approval in 30 seconds or less!”

— AP USER

G2 Report for AP Automation - Spring 2022 - Whitepaper Download Banner

Customers Love Stampli

Beyer Mechanical PNG Logo
Outstanding Interface
— CONTROLLER
Quotes Quotes

WHAT DO YOU LIKE BEST?

There is so much to like about Stampli — the simplicity, speed of transaction processing, interface and customer service are the best in the industry that I have ever seen. The approval process is also fast and efficient. The implementation (from first phone call/ demo to fully implemented) took less than 48 hours and had zero issues! Our prior A/P provider constantly had issues and system outages… we will never go back.

From the very first conversation with a Stampli representative, I felt valued and was fully confident that we were making the right decision for our company. I would recommend Stampli to anyone and be 100% confident that you would feel exactly the same after use.

What do you dislike?

I can honestly say that I have zero dislikes with regard to Stampli and don’t foresee any coming in the future.

Recommendations to others considering the product:

Do yourself a huge favor and switch to Stampli immediately!

What problems are you solving with the product? What benefits have you realized?

We implemented the software about a month ago and cut our invoice processing time by over 50% within the first week. It is easier to track late payments, A/P clerk productivity and invoice coding accuracy than ever before.

Take a tour

Connect with an AP Expert to see how AP Automation can help your business.