Get visibility into your AP spend with Stampli Card

There are three main use cases for Stampli Credit Cards. Read more about employee expenses with Stampli Card and paying your vendor invoices by Stampli Card. 

Accounts payable spend, typically bigger purchases like rent & utilities or software subscriptions, has long been a source of frustration for finance departments. With Stampli AP Cards you get end-to-end management of all AP credit card purchases.

Other corporate credit card programs leave much to be desired. They more closely resemble personal credit cards, which provide limited insight into spend and data that must be manually input into your ERP. Businesses often struggle with:

• Lack of visibility: Organizations often operate in the dark until monthly credit card statements arrive, leading to delays in financial reporting.
• Limited controls: Many businesses struggle with implementing effective controls over their credit card spend, making it difficult to enforce company policies and spending limits.
• Inefficient processes: AP teams frequently find themselves chasing cardholders for receipts and juggling multiple systems for different payment methods.
• Manual data entry: The traditional method of manually entering credit card transactions is not only time-consuming but also prone to human errors.

Stampli AP Cards are a comprehensive solution designed specifically for AP teams, their spend, and their processes. All Stampli products seamlessly integrate with 70+ ERPs, ensuring that all Stampli Card transactions are accounted for, eliminating the burden of manual data entry leading to more accurate financial reports. This end-to-end management of credit card transactions also gives AP teams greater visibility and control over their corporate credit card programs. 

With Stampli AP Cards you get:

• Enhanced visibility: Real-time tracking of Stampli Card transactions eliminates the wait for monthly statements, providing immediate insights into AP spend. 
• Improved spend control: Stampli simplifies enforcing spending limitations, with processes for approving new card requests and MCC group restrictions, ensuring compliance with internal policies. 
• Streamlined AP processes: By integrating credit card management into the Stampli platform, businesses can manage all types of purchases in one place, reducing process fragmentation.
• Time efficiency: Automated processes significantly reduce the time spent on transaction capture, document matching, and ERP synchronization. Pre-coded transactions can help speed up the time it takes to process each transaction, making it easier to close your books each month. 

Every aspect of Stampli AP Cards have been purpose built for the type of spend done by AP teams. When creating cards finance teams can create an unlimited number of cards, allowing teams to create a card for each vendor and transactions can be pre-coded, helping speed up processing times. AP Card transactions are processed side-by-side with invoices, streamlining AP processes. Once transactions have been properly coded and processed it’s easy to then sync with your ERP. 

The time savings achieved through automated processes, such as transaction capture, document matching, and ERP synchronization, are substantial, allowing finance teams to focus on more strategic tasks. Real-time visibility into credit card transactions is a game-changer, eliminating the reliance on monthly statements. The streamlined process, which consolidates all types of purchases within the Stampli AP platform, reduces fragmentation and enhances overall efficiency. By providing a centralized, automated, and controlled environment for managing corporate credit card spend, Stampli not only simplifies the AP process but also empowers businesses to make more informed financial decisions. With Stampli AP Cards, your business is not just managing spend; it’s optimizing it for growth and success. 

Ready to upgrade your AP spend? Talk to a Stampli expert today!

Learn more about employee expenses with Stampli Card and paying your vendor invoices by Stampli Card.