Stampli Inc. Strengths, Domain Expertise, and Key Differentiators
Stampli is an AP automation platform that brings together accounts payable communications, documentation, and payments in one place. By centring communications on top of the invoice itself, AP departments collaborate and communicate better with approvers, vendors, and anyone involved with purchases, allowing approvals to happen faster. Stampli’s AI, Billy the Bot, learn an organization’s unique patterns to simplify GL and costing-related coding, automate approval and verification flows, identify duplicate invoices, and reduce time spent on manual data entry.
Stampli Inc. Recent Developments
In August 2021, Stampli launch its Stampli Partner Program, a formalized network for channel partners to expand their offerings with Stampli’s accounts payable (AP) automation and payments software.
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
Ownership: - Hillsven Capital, Bloomberg Beta, NextWorld Capital, SignalFire, UpWest Labs
Number of Employees: 100
Key Verticals: Automotive, Banking and Financial Services, Construction, Real Estate, K732, Higher Education, Healthcare, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Professional Services, Retail, Transportation,
Stampli Inc. Key Enterprise and Cloud Applications
Stampli Accounts Payable Automation Platform
Stampli Inc. Revenues, $M:
|Type/Year||2020||2021||YoY Growth, %|
|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:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
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||2021 Total Revenues, $M||2021 Enterprise Applications Revenues, $M||2021 Cloud Applications Revenues, $M|
Stampli Inc. Direct vs Indirect sales
|Region||Direct Sales||Indirect Sales||Total|
Stampli Inc. Customers - Breakdown by Geo, Size, Vertical and Product
No. of Stampli Inc. Customers: 1900
No. of Stampli Inc. Enterprise Applications Customers: 1900
No. of Stampli Inc. Cloud Customers: 1900
No. of Stampli Inc. Cloud Subscribers: 40000
In 2019, Stampli was processing more than $12 billion in invoices annually, for nearly 700,000 vendors. It has more than 1,900 unique entities and 40,000 professional users.
Stampli Inc. Market Opportunities, M&A and Geo Expansions
In May 2021, Stampli received $50 million in Series C funding for their platform, which helps CFOs and controllers close the disconnect between accounts payables and the broader organization. Insight Partners led the deal with participation from SignalFire and Nextworld Capital, joining UpWest, Hillsven, Bloomberg and Naver Corp to bring Stampli total funding raised to over $87M.
Stampli Inc. Risks and Challenges
Expand it's sales outside Americas.
Stampli Inc. Ecosystem, Partners, Resellers and SI
In May 2021, Jeff Zamczyk has been appointed as Stampli’s Chief Revenue Officer (CRO). Jeff, who joined Stampli in 2019, most recently held the position of Vice President of Sales and Customer Success. The appointment comes on the heels of consistent sales achievements and strong revenue growth at Stampli, with revenue increasing by eight-fold and average revenue per customer increasing by more than two-fold under Jeff’s leadership.
Stampli is flexible platform configured to accommodate accounting and purchasing processes with the accounting system. Some of the systems Stampli has integrations are: Sage, Oracle NetSuite, Quickbooks, Infor, Microsoft Dynamics 365 Finance, Epicor, Acumatica, Oracle JD Edwards EnterpriseOne and others.
Stampli Inc. Cloud Infrastructure Insights
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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).
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