Stampli Inc. Strengths, Domain Expertise, and Key Differentiators
Stampli Inc. stands out for its use of artificial intelligence to automate invoice processing, integrated communication that speeds up approvals, broad ERP integration, fast implementation, and an intuitive user interface. Additionally, it offers 24/7 customer support and full control over payments, making it a reliable partner for modernizing financial processes.
Stampli Inc. Recent Developments
In 2024, Stampli Inc. introduced major enhancements to its financial platform, most notably the launch of its comprehensive "Procure-to-Pay" solution. This integrated platform unifies purchasing, purchase order creation, invoice processing, and payments into a single system. A key component is the upgraded version of Billy the Bot™, Stampli’s AI copilot, which transforms free-text input from employees into structured data, significantly reducing manual effort and improving efficiency.
Under the leadership of CEO Eyal Feldman, Stampli received multiple accolades in 2024, including recognition for best company culture, compensation, work-life balance, and executive leadership. Feldman was named the 10th best CEO for small and mid-sized companies by Comparably.
Thanks to its AI-driven approach, Stampli has positioned itself as a leader in AP automation, with Billy the Botâ„¢ processing over $90 billion annually across more than 1,600 customers. This strategy has resulted in substantial labor savings and enhanced operational efficiency for its users.
Stampli Inc. Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Stampli Inc. applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Stampli Inc. and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Stampli Accounts Payable Automation Platform customers.
Stampli Inc. Overview
191 Castro Street
Mountain View, CA, 94041, United States
1 650-469-3074
https://www.stampli.com/
Ownership: - Hillsven Capital, Bloomberg Beta, NextWorld Capital, SignalFire, UpWest Labs
Number of Employees: 250
Functional Markets: ERP Financial, Procurement,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction and Real Estate, CPG, Distribution, Education, Government, Healthcare, Insurance, Leisure and Hospitality, Life Sciences, Manufacturing, Media, Non Profit, Oil Gas Chemicals, Professional Services, Retail, Transportation, Utility,
Stampli Inc. Key Enterprise and Cloud Applications
Stampli Accounts Payable Automation Platform
Stampli Inc. Revenues, $M:
Type/Year | 2023 | 2024 | YoY Growth, % |
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Total Revenues, $M | Subscribe | Subscribe | Subscribe |
Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Stampli Inc. Revenue Breakdown By Type, $M:
Stampli Inc. Enterprise Applications Revenues By Functional Markets, $M:
Stampli Inc. Enterprise Applications Revenues By Verticals, $M:
Stampli Inc. Revenues By Region, $M
Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
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Americas | Subscribe | Subscribe | Subscribe | Subscribe |
EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
APAC | Subscribe | Subscribe | Subscribe | Subscribe |
Total | Subscribe | Subscribe | Subscribe | Subscribe |
Stampli Inc. Direct vs Indirect sales
Type | Direct Sales | Indirect Sales | Total |
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Type % | Subscribe | Subscribe | Subscribe |
Revenues, $M | Subscribe | Subscribe | Subscribe |
Stampli Inc. Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Stampli Inc. Customers
No. of Stampli Inc. Customers: 1300
No. of Stampli Inc. Enterprise Applications Customers: 1300
No. of Stampli Inc. Cloud Customers: 1300
No. of Stampli Inc. Cloud Subscribers: 70000
The company has been experiencing consistent growth, particularly among mid-sized and large businesses in the U.S. Its reference clients include companies such as Cox Automotive, Mattress Firm, and the City of Vista. While the majority of its customers are based in the U.S., Stampli is also expanding in Canada, Europe, and parts of Asia, thanks to its cloud-based approach and the scalability of its platform.
As of 2023, Stampli boasts a significant customer base of 1,300 organizations utilizing its services, with a user count reaching 70,000. Stampli's growth in both customer acquisition and user base underscores its appeal within the market, likely attributed to its offered functionalities and user-friendly interface.
Stampli Inc. Market Opportunities, M&A and Geo Expansions
Stampli Inc. plans significant growth and development in 2024 and 2025, focusing on innovations in artificial intelligence, market expansion, and increasing its presence in the U.S. and internationally. The company will continue to enhance its functionalities, such as Cognitive AIâ„¢, and focus on improving customer support and platform adaptability. With these initiatives, Stampli aims to strengthen its leadership in the accounts payable automation market.
Stampli Inc. Risks and Challenges
The biggest risk for Stampli is the increased competition in accounts payable automation and the challenges of integrating new technology for larger clients. Additionally, economic uncertainty could affect the adoption of the technology.
Stampli, a company with an office in Tel Aviv, Israel, faces potential challenges due to the ongoing conflict in the region. The company's presence in an area affected by the conflict raises concerns about customer retention and revenue stability. The volatile situation in Israel could potentially lead to a decline in customers, impacting the company's financial performance.
Stampli Inc. Ecosystem, Partners, Resellers and SI
Stampli's flexible platform fits seamlessly into any existing processes and integrates with financial systems, including Acumatica, Dealertrack, Microsoft Dynamics, Oracle NetSuite, QuickBooks, Sage 100, Sage Intacct, SAP, and more.
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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