Top Stampli Competitors and Alternatives (2024)

If you're looking to explore the world of accounts payable automation beyond Stampli, this article is for you. We're diving into a thorough analysis of 10 Stampli competitors, offering vibrant alternatives with key features that might fit your needs and pique your interest.

Among the options, we’ll talk about Wise Business, a great business account to help you operate internationally.

Looking to save when sending and receiving overseas payments?

Send and receive money
with Wise >>

300k businesses use Wise every quarter
Trustpilot Score: Great ¹ on 190,000+ reviews
Use Wise account details on Amazon, eBay, Etsy, and more

What is Stampli?

Stampli is a platform that's designed to make the entire accounts payable process simple without needing to rework your organization’s enterprise resource planning (ERP).

Think of it as a communication hub where all the invoice details, spreadsheets, and conversations are stored in one place. It takes all the back-and-forth emails, sticky notes, and phone calls out of the equation and stores everything using cloud-based technology. As an extra, they also offer integrated products for payments.

Stampli Competitors and Alternatives

As you consider improving your accounts payable and maybe even accounts receivable (AR) processes, Stampli is a top contender. But before making the jump, it's always a great idea to explore alternatives as well. Let’s look at some main Stampli competitors so you can make an informed choice.

1. Wise Business

With Wise Business, you can enjoy a low-cost solution for accounts payable. Features like batch payments and being able to automate payments through their API make the process easy. In addition, the platform lets you receive payments for free in nine different currencies and send money overseas at the mid-market rate.

Features

• Reliable payment automation domestically and internationally.
• Integration capabilities with accounting tools.
• Hold and manage money in over 40 currencies.

Pricing

Wise Business boasts a transparent, pay-as-you-use fee structure. A one-time fee will grant you access to local account details in 9 currencies, and all other fees depend on the transaction. For instance, fees for currency conversions and sending money start at 0.43%.

Looking to save when sending and receiving overseas payments?

Send and receive money
with Wise >>

2. Tipalti

Tipalti seeks to streamline accounts payable operations for growing businesses of all sizes, especially those that run operations outside the US. With automation at its core, it simplifies payments and reduces human error by managing the whole process from invoice capture to tax compliance.

Features

• Tax information management, including global tax compliance
• Supplier management features
• 26,000+ built-in-rules to reduce payment errors²

Pricing

Tipalti operates on a quote-based model, where the cost is tailored for each individual business.

3. BILL

BILL holds its own against Stampli as a full-featured accounts payable and accounts receivable solution. The all-in-one platform simplifies financial workflows, allowing businesses to stay in control of their finances. While Stampli is a little more advanced, BILL is not as technical, providing multiple products in an easy-to-use manner.

Features

• Credit and expense management
• Automated approval processes
• Advanced document management

Pricing

BILL separates their plans by whether you want to pay bills, get paid, or both. If you want to do both, the Corporate plan is priced at $79/user/month. For businesses just looking for one or the other, the Essentials plan is $45/user/month, and the Team plan is $55/user/month.³ 

4. MineralTree

MineralTree is a significant competitor in the space of invoice-to-pay solutions, bringing a new level of efficiency and automation to accounts payable tasks. Their end-to-end platform simplifies the complexities related to these processes with their TotalAP and TotalPay products.

Features

• Integration with ERP systems
• Automated invoice capture
• Comprehensive supplier network in healthcare, food and beverage, and more

Pricing

Pricing isn’t listed on the MineralTree website, as they customize based on needs and business scale. Businesses will have to request a demo or contact the company for more information.

5. Veem

Veem is a global money transfer platform that is highly capable of helping businesses pay and get paid domestically and internationally. Options include mass pay and being able to pay with debit and credit cards even if the business you’re paying doesn’t accept cards.

Features

• Multi-Rail Technology - automatically chooses the fastest, cheapest way to transfer funds
• Integration capabilities with accounting software
• Locked exchange rates

Pricing

For basic capabilities, Veem has a free Basic Plan. Those looking for lower fees and free ACH can opt for the Premium Plan at $14.99/month.⁴

See the Best Banks for Small Businesses >>

6. Invoiced

Invoiced is one of the major Stampli competitors when it comes to accounts payable functionalities. Known for streamlining the entire invoicing process, Invoiced offers robust AR and AP capabilities, especially for the B2B economy.

Features

• Subscription billing and installment plans
• Customer portals to view invoices, make payments, and communicate with businesses
• Automated approval workflows for teams

Pricing

Pricing is determined by business size and purpose (AR/AP). For small businesses, the accounts receivable solution is $39/month per user, and the accounts payable solution is $29/month per user. For midsize businesses, the accounts payable solution is $49/month per user. All other pricing for midsize and enterprise businesses requires you to contact Invoiced.⁵ ⁶ 

7. Billtrust

Frictionless is the name of the game with Billtrust. The Billtrust suite (credit, ecommerce, invoicing, and payments solutions) helps CEOs, CFOs, treasurers, and more automate the entire order-to-cash cycle.

Features

• Credit application processing
• Cash application automation
• Customer portal

Pricing

Billtrust requires businesses to schedule a Discovery Call to help figure out if their solutions are a good fit for your AR requirements.

8. Airwallex

A globally recognized financial technology company, Airwallex is known for handling cross-border transactions. The platform's forex and integration capabilities make it a strong alternative to Stampli, especially for those who do business internationally(see Airwallex alternatives).

Features

• Connect with existing eCommerce platforms
• Accept a wide range of popular local and global payment methods, including WeChat Pay, Apple Pay, Visa, iDEAL, and more
• In-platform forex services

Pricing

While foreign and domestic currency accounts and the multi-currency wallet are free, SWIFT transfers are an extra 15 - 25 USD, and FX conversions come at a percentage above the interbank exchange rate.⁷ 

9. Skrill

Skrill brings some unique capabilities to the accounts payable scene. It notably combines elements of traditional accounts payable systems with the flexibility of digital payment technologies.

Features

• Payment scheduling
• Shopping carts with worldwide coverage and over 100 local payment options
• Skrill 1-Tap for repeat payments

Pricing

Skill’s biggest appeal is that many of their services are free, including opening and using the account. Sending and receiving money is always free when currency conversion isn’t involved.⁸ 

10. Payoneer

Payoneer is an ideal platform for businesses looking to improve their global payment processes with a solution that addresses all core AR/AP requirements. You’ll find plenty of capabilities to help both freelancers and ecommerce business owners manage their finances.

Features

• Billing service to request payments directly from clients
• Receive payments from popular marketplaces and freelancer platforms
• Global payment service with local bank accounts

Pricing

Opening and maintaining a Payoneer account is free, but you’ll be charged fees when you make transactions. For many currencies, transactions between Payoneer accounts are free. If you’re paying a non-Payoneer customer, you’ll be charged the exchange rate and up to 2% of the transaction amount. Receiving payments by credit card will also incur a 3% charge, for example.⁹ 

Wise Business: A Low-Cost Account for your Company

Here's a few things that Wise Business users can tap into.

Some other features Wise Business users love
Make purchases or pay your international team at low rates (as low as 0.43%)
Get paid without the fees in GBP, USD, EUR, AUD, CAD after a one-time fee
Account Software Integration: QuickBooks, Xero, Sage, and Wave
Batch payments offer the chance to send up to 1000 invoices in a single click
The Most International Account: Hold 40+ currencies at once
Transparency: Wise Business is trying to get rid of all your business account fees
Most importantly, if you're sending international payouts, then Wise could help. We offer the mid-market exchange and transparent costs, which has attracted over 16 million users to hold, receive, and send money with Wise and save along the way

Looking to handle your global business at low cost?

Get your global account >>

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Sources:

1. https://www.trustpilot.com/review/wise.com
2. https://tipalti.com/product/global-payments/
3. https://www.bill.com/product/pricing
4. https://www.veem.com/pricing/
5. https://www.invoiced.com/accounts-payable/pricing
6. https://www.invoiced.com/accounts-receivable/pricing
7. https://www.airwallex.com/us/pricing
8. https://www.skrill.com/en-us/siteinformation/fees/#send-money-receive-money
9. https://www.payoneer.com/about/fees/