Vendor Management in Stampli
Stampli’s Vendor Management centralizes vendor interactions, compliance, and data management within your AP workflow, reducing manual tasks and enhancing efficiency.
Streamline vendor relationships from onboarding to payment processing
Stampli’s unified platform for vendor lifecycle management reduces AP workload and compliance risks.
What makes Stampli's vendor management different?
Integrated AP workflow
Stampli unifies vendor management with invoice processing, eliminating siloed operations and improving efficiency across the AP workflow.
Automated compliance
Automated document collection and expiration notifications ensure vendors stay compliant, reducing regulatory risks and preventing payment delays.
Self-service vendor portal
The Vendor Portal provides vendors with invoice status, payment details, and communication tools, giving them the information they need when they need it.
Stampli’s vendor management capabilities
Vendor onboarding
Streamline vendor setup with customizable forms, workflows, and automated document collection. Ensure accurate and compliant vendor information from day one.
Vendor portal
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Vendor messaging
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Vendor document compliance
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Stampli's standard capabilities vs. Advanced Vendor Management
Every Stampli account includes powerful vendor engagement capabilities, but Stampli’s Advanced Vendor Management (AVM) add-on takes vendor interactions to the next level. AVM enhances onboarding, compliance management, customization, and vendor self-service capabilities for businesses seeking maximum efficiency.
Here’s how they compare.
Key features of Stampli’s Vendor Management
Customizable onboarding
Create unlimited onboarding forms tailored to different vendor types with a drag-and-drop editor.
Real-time progress tracking
Monitor onboarding progress in real-time, allowing both Vendor Managers and vendors to track the current stage of the process.
Self-service vendor portal
Vendors can independently manage their information, access invoice statuses, and track payments made via Stampli Card.
Centralized communication
Manage all vendor communications in one place, within the context of each invoice for seamless interaction.
Automated compliance notifications
Automatically send reminders for missing or expired documents to ensure up-to-date vendor compliance.
Secure document management
Collect and store sensitive information securely, with masking after approval by the Vendor Manager.
ERP integration
Automatically import existing vendor information from your ERP system, ensuring data consistency across platforms.
Role-based access control
Assign designated vendor managers to oversee the onboarding process and maintain control over vendor relationships.
FAQ
How does Stampli's Vendor Management integrate with existing AP processes?
Stampli’s Vendor Management is fully integrated into our AP automation platform, allowing seamless management of vendors throughout the invoice processing workflow.
Can vendors update their own information through Stampli?
Yes, vendors can independently manage their contact information, banking details, and other critical data through the self-service Vendor Portal.
How does Stampli help with vendor compliance management?
Stampli automates document collection, provides expiration notifications, and can block payments for non-compliant vendors, helping maintain up-to-date compliance.
Can we customize the vendor onboarding process for different vendor types?
Absolutely. Stampli allows you to create unlimited customizable onboarding forms tailored to different vendor types and specific requirements.
How does Stampli's Vendor Management improve communication with vendors?
Stampli provides centralized, contextual messaging tied to specific invoices, allowing for clear, efficient communication and maintaining a complete audit trail.