Stampli vs YayPay

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Our analysts compared Stampli vs YayPay based on data from our 400+ point analysis of Accounting Software, user reviews and our own crowdsourced data from our free software selection platform.

Product Basics

Stampli is a cloud-based accounts payable and invoice management solution that simplifies communication with internal stakeholders for swift approval of payments. Users don't have to search for a separate invoice management system as it provides seamless integration with popular accounting and ERP platforms like Oracle, Quickbooks, Sage and SAP.

It provides a straightforward way to make payments with paperless checks or ACH transactions. Its primary features include invoice management, reporting, processing and accounting. Users get the freedom to enable communication from a centralized landing page and it provides a single site license that applies to all users. The reporting feature provides users with essential information on key performance indicators, possible obstructions, expense forecasts and more.
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YayPay is a smart accounts receivable management software that uses machine learning to boost AR collection and allow businesses to focus on what matters. From the brand Quadeint’s Intelligence Automation, it organizes cash experience for the finance departments and automates back-office operations. With cloud-based dashboards, it manages and provides real-time data. It improves cash flow management by providing insights into customer’s behavior through predictive analysis. The secure online portal gives customers the freedom to access their accounts and pay anytime, anywhere they want. It automates collection tasks and collection management and saves payer’s information in one place. Users can check for average day sales outstanding, cash collection, invoices, opened reminders and the collection’s effectiveness through the dashboard in real time.
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Mobile
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Mobile

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24/7 Live Support
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24/7 Live Support

Product Insights

  • Quick Setup: Implement the platform in just a few minutes without the need to install a separate program or disrupt the accounts payable environment. 
  • Minimize Approval Time: Maintain accountability by keeping track of user responsibility for invoices to speed up the payment approval procedure and pay vendors quickly. 
  • Easy Matching: Ensure maximum flexibility and control with preferred payment methods and guarantee easy payments with ACH transactions. 
  • Accurate Coding: Capture invoice data in real time with a personal intelligent AP bot that comes with optical character recognition, AI and machine learning technology. Provide accurate coding and approval routing by understanding patterns within the accounting process.Get duplicate detection, builtin calculations and PO support in a paperless approach. 
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  • Accessibility: Give users the freedom to access information in a single place with the customer's contact details and synchronize the communication record automatically. 
  • Take Quick Action: Check which customer requires a follow-up and what action needs to be taken with the accounts receivable reports displaying it automatically. 
  • Gain Insight: Get an overview of the receivable status and upcoming trends with a real-time cash prediction and accounts receivable analytics. 
  • Accelerate Cash Flow: Gain the ability to monitor metrics through a real-time dashboard. Pay directly from the emails being received and accelerate cash flow and minimize the possibility of money shortage.  
  • Improve AR Metrics: Schedule invoices and related communication to process payments quickly. Provide the AR team with a comprehensive view of the customer’s account to cantilever the exemplary service, thereby improving AR metrics like average days delinquent, days sales outstanding. 
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  • Seamless Integration: Receive integrations with the existing accounting system and invoice processes.  
  • Smart Capture: Digitize document-centric processes by classifying and separating documents. Auto-extract key data and put it in the system for record, enhance customer experience by combining the speed and scalability of the cloud and receive accurate and complete turnaround on documents. 
  • Invoice Processing: Save time and costs by automating processes such as approval selection, notifications, GL-coding and more utilizing the platform’s AI tools. 
  • Audit Trails: Get one-click access to invoice related conversations and activities to support audits. Histories of approved bills are stored in the platform’s AP Automation system and are available for download at any time. Stay up to date with accounting and bookkeeping information and certify that account statements match. 
  • Duty Segregation: Eliminate fraud and enforce internal control using customized roles and permissions.  
  • Intuitive Dashboard: Get access to accounts payable, approvers and any user involved with the bill with the easy-to-use interface. Make use of advanced search, reports and the management dashboard to gain full visibility into the process and get all the information required to make a well-informed decision. 
  • Collaboration Hub: Send, track and view invoice communication on a centralized system. Users can send direct messages to other employees in order to keep track of crucial movement within invoices. 
  • Payment: Give users the freedom to make the payment through their preferred payment system and update payment information directly into the system. 
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  • AR Dashboard: Get the time and information to plan and act with a straightforward dashboard. Automate collection activity and get real-time DSO. Monitor payment predictions and payors trends. 
  • Advanced Reporting And Business Intelligence: Make well-informed business decisions by creating robust personalized reports. Make use of charts and graphs to comprehend what matters to the business and driving the AR health. Generate customized reports and graphs in seconds and combine them into a user-friendly dashboard. Keep an estimate of productivity, disputes and payments. Monitor payor behavior and check for any pitfalls. Make use of auto email delivery to schedule reports. 
  • Predictive Analysis: Gain insights into payer’s behavior and future trends and be ready for payment problems when they come up and plan the solution in a well-informed manner. 
  • AR Collection Management: Make sure that you have all the updated information by combining ERP, CRM and other sources. Convert customer data into actionable insights. 
  • Automated Communication: Boost productivity without investing in many resources by automating accounts receivable collection communication such as invoices, payments reminders, and internal escalations. Improve communication, and increase collection. 
  • Streamline Payment: Provide customers with increased visibility, better options and more control. Allow users to securely make their payments with a click, whether it's ACH, credit cards or bank transfers. Minimize DSO by providing payment flexibility. 
  • Communication: Monitor and follow up with customers on outstanding payments with the communication history at one place.  
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Product Ranking

#185

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Accounting Software

#289

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Accounting Software

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User Sentiment Summary

Excellent User Sentiment 20 reviews
Excellent User Sentiment 52 reviews
94%
of users recommend this product

Stampli has a 'excellent' User Satisfaction Rating of 94% when considering 20 user reviews from 2 recognized software review sites.

90%
of users recommend this product

YayPay has a 'excellent' User Satisfaction Rating of 90% when considering 52 user reviews from 2 recognized software review sites.

4.7 (10)
4.5 (26)
4.7 (10)
4.5 (26)

Awards

Stampli stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

YayPay stands above the rest by achieving an ‘Excellent’ rating as a User Favorite.

User Favorite Award

Synopsis of User Ratings and Reviews

Intuitive Interface: Stampli's interface is straightforward and easy to navigate, even for users without extensive accounting software experience. The platform's design prioritizes clarity and efficiency, allowing users to quickly find the information they need and complete tasks without unnecessary complexity.
Collaboration Features: Stampli facilitates seamless collaboration between departments, such as accounting and operations. Its communication tools enable users to discuss invoices, share documents, and resolve issues within the platform, reducing the need for external communication channels and streamlining the approval process.
Automation Capabilities: Stampli automates many manual accounting tasks, such as data entry, invoice matching, and approval routing. This automation saves time, reduces errors, and allows accounting teams to focus on more strategic initiatives.
Customization Options: Stampli offers a range of customization options to tailor the platform to specific business needs. Users can configure workflows, approval processes, and reporting formats to align with their organization's unique requirements.
Integrations: Stampli integrates with various accounting and enterprise resource planning (ERP) systems, enabling seamless data transfer and eliminating the need for manual data entry. This integration ensures data consistency and streamlines accounting processes.
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Automated Invoice Processing: YayPay can streamline invoice processing by automatically capturing invoice data, reducing manual data entry and minimizing errors.
Improved Collections Efficiency: YayPay offers automated reminders and follow-ups, helping businesses improve their collections efficiency and reduce the time it takes to get paid.
Enhanced Visibility and Reporting: YayPay provides real-time visibility into outstanding invoices, payment history, and customer behavior, enabling businesses to make informed decisions and track their financial performance.
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Limited Customization: Some users find the platform's customization options to be somewhat restrictive, especially when it comes to reporting and dashboards. The available templates may not always align perfectly with specific business requirements, potentially requiring workarounds or manual adjustments.
Mobile App Functionality: While Stampli offers a mobile app, its functionality is more limited compared to the web version. Users may find that certain features or tasks are easier to complete on the desktop platform, which could impact convenience for those who rely heavily on mobile access.
Integrations: Although Stampli integrates with various accounting software and ERP systems, the depth of integration can vary. Users have reported occasional challenges with syncing data or experiencing delays, which can affect workflow efficiency and data accuracy.
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Limited Reporting Functionality: Some users have expressed frustration with the platform's reporting capabilities, finding them to be somewhat limited for their accounting needs.
Occasional System Glitches: A few users have reported experiencing occasional system glitches or bugs that have impacted their workflow.
Customer Support Concerns: While some users have praised YayPay's customer support, others have reported experiencing delays or difficulties in getting their issues resolved promptly.
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Stampli is a cloud-based accounts payable (AP) automation platform that helps businesses streamline their financial processes, offering features like invoice processing, expense management, and B2B payments. Stampli appears to shine in its ability to integrate with over 70 enterprise resource planning (ERP) systems without requiring major modifications, unlike some competitors that may necessitate substantial rework. This seamless integration is crucial for businesses as it allows them to leverage their existing ERP investments and avoid disruptions to their workflows. Stampli's user-friendly interface and comprehensive AP automation capabilities have garnered positive feedback, but some users have expressed concerns about its pricing structure and occasional customer support delays. While Stampli offers a robust set of features, businesses should carefully evaluate their budget and support needs before committing. Overall, Stampli seems well-suited for mid-market and enterprise-level businesses seeking a scalable and adaptable AP automation solution that integrates effortlessly with their current ERP systems. Its ability to handle complex workflows and high invoice volumes makes it a valuable tool for organizations looking to optimize their financial operations and gain better control over their spending.

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Is YayPay a yay or nay for your accounting needs? Users rave about YayPay's intuitive interface and robust automation features, finding it a breath of fresh air compared to clunky, outdated accounting software. They praise its ability to streamline accounts receivable processes, saving them time and reducing errors. For example, users highlight the automated invoice generation and payment reminders as major wins, freeing up their teams to focus on more strategic tasks. However, some users express frustration with occasional software glitches and limited customer support responsiveness. Despite these hiccups, many users feel that YayPay's strengths outweigh its weaknesses, particularly appreciating its seamless integrations with popular CRM and ERP systems, which they say significantly enhances their workflow efficiency. Overall, YayPay seems best suited for businesses seeking a modern, automated solution to manage their accounts receivable. Its user-friendly design and powerful features make it a valuable asset for teams looking to ditch manual processes and boost productivity. However, businesses requiring extensive customer support might want to consider these limitations before committing.

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