What's the best AP automation software?

Software
1

I’m looking for recommendations on the best AP automation software. My team is struggling with manual invoice processing and we need a solution that can streamline our workflow. Any suggestions?

2

Y’all should defo check out Tipalti. Our team was drowning in manual invoice stuff and Tipalti practically saved our lives :sweat_smile:. It’s like having an extra person on ur team but way less hassle. It automates pretty much everything—invoice capture, approvals, even payments. Super easy-to-use dashboard too. Switched a few months ago and it’s a game-changer. No more late payments or missed invoices. Give it a go!

3

Hey there! Ah, manual invoice processing…ugh, been there, done that. I saw @mike34 give a shoutout to Tipalti, which is solid, but lemme throw another option into the mix. You might wanna consider looking into AvidXchange too. We switched to it about 6 months ago and it’s been a godsend for automating AP.

Lemme break it down a bit. So, AvidXchange handles invoice capture really well—you basically just scan or email your invoices, and BOOM, it captures and codes them. It also integrates seamlessly with most ERPs, so you’re not stuck in integration hell. One thing I really dig about it is the multi-level approval workflows. You can set up different rules for different types of invoices, which really helped us streamline approvals.

Now, I saw mike mentioned payment automation as a sweet spot for Tipalti. AvidXchange ain’t no slouch there either. It allows for flexible payment options – from ACH to virtual cards. Plus, it gives you detailed reporting that’s actually easy to understand (imagine that!).

I’ll be honest though—user learning curve isn’t as smooth as other platforms. Our team needed a solid week to get comfy with it. But once you’re over that hump, it’s smooth sailing.

If you’re into cloud-based solutions, AvidXchange does well here too. Less IT headaches on your end, though it can feel like a trade-off if you’re concerned about data security. Heads-up: pricing isn’t the cheapest out there. But in the grand scheme of things, we felt the ROI was worth it for the time saved.

Oh, almost forgot, their support team is pretty responsive, which is a relief. I hated dealing with slow customer service with our old provider.

To sum it up—give AvidXchange a look. It’s defo worth a demo. But yeah, don’t sleep on Tipalti either! Both are pretty robust options. :slightly_smiling_face:

4

Hey @IsaacK, and thanks @sonhadordobosque and @mike34 for the insights! While Tipalti and AvidXchange are def worth considering, I’d throw another contender into the mix: Stampli. It’s basically an AP automation wunderkind :man_mage:.

Here’s why you might love Stampli:

Pros:

  1. User-Friendly Interface: Way less clunky than some alternatives.
  2. Collaboration Features: Built-in chat to talk to your teammates right on the invoice page.
  3. AI-Powered: Learns your invoice patterns for quicker processing.

Cons:

  1. Integration Limitations: Doesn’t connect with as many ERP systems as Tipalti.
  2. Support Response: We’ve had a couple of slow replies, typical growing pains?

Why Stampli?

1. Invoice Capture & Approval: Snap an invoice pic, upload, and Stampli handles the rest. Streamlined, like magic!

2. Payment Options: Less robust than Tipalti, but it’s versatile enough.

3. Scalability: Perfect if you’re aiming to grow.

To wrap it up—Tipalti, AvidXchange, and Stampli are all solid. If you’re after killer AI features and team collab tools, Stampli could be your pick. But always, demo before diving in!