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Many tools and technologies on the market promise to make company life better, but automation is the key to entrepreneurial success in 2021. Here’s what it looks like in practice. ....
Stampli, a Mountain View, Calif.-based AI-driven AP Automation company which enables CFOs and controllers to close the disconnect between accounts payables and the broader organization, raised $50m in Series C funding. The round, which brought total funding raised to over $87m, was led by Insight Partners with participation from SignalFire and Nextworld Capital, which joined UpWest, Hillsven, Bloomberg and Naver Corp. As part of this funding round, Praveen Akkiraju, Managing Director at Insight Partners, will join the Stampli Board of Directors. Stampli solves one of the most pervasive problems that plague CFOs in today’s fast-paced technology and data-driven businesses manual accounts payable operations. Finance leaders know they need to automate where possible so knowledge workers can provide maximum value and productivity. Combined with a groundbreaking fast implementation, the Stampli AP Automation and collaboration platform makes it easy for AP teams to work with ....
Stampli nabs $50M because invoicing should be easier The Israeli fintech startup develops automation technologies to releif the headache of accounts payable and supplier invoicing Yaneev Avital / 13 May 2021 • 1 min read Accounts payable processes have forever been a headache for all parties involved. And, since the transition to work-from-anywhere, this issue has become even more complicated. Israeli startup Stampli secured $50 million in Series C funding, to change the way enterprises work with invoices. Dusting off their inner accountant Stampli is a cloud platform based on NOSQL DB, which aggregates all of an enterprise’s invoices in one place. The company’s system optimizes invoice approval processes, in addition to monitoring the invoice life cycle from end-to-end. The solution is seamlessly integrated into existi ....