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Outsourced Accounts Payable Management with Stampli: Smarter, Faster, and Scalable with KMK

Outsourced Accounts Payable Management with Stampli

Introduction  

In modern finance, accounts payable (AP) is no longer just about paying bills. Instead, it’s about optimizing cash flow, ensuring vendor trust, and creating operational efficiency at scale. Yet, for many growing businesses, AP remains one of the back office’s most manual, error-prone functions. That’s where intelligent automation meets strategic outsourcing. 

At KMK, we specialize in turning traditional AP into a streamlined, insight-driven process using advanced tools like Stampli. By combining Stampli’s intelligent invoice automation with KMK’s full-service outsourced accounts payable management, businesses gain greater visibility, faster processing times, and tighter control. This can be done without expanding internal teams. Whether you’re scaling fast or looking to reduce inefficiencies, you can certainly transform your AP into a growth-enabling asset. 

What is Stampli? 

Stampli is a cloud-based invoice automation platform that streamlines the accounts payable process from invoice capture to payment. Unlike traditional AP software, Stampli embeds communication, documentation, and approvals directly into each invoice. This helps make collaboration seamless and eliminates back-and-forth emails. 

With features like AI-powered data extraction, real-time dashboards, and automated workflows, Stampli empowers finance teams to handle high volumes of invoices with minimal manual effort. It integrates with popular ERP systems such as NetSuite, Sage Intacct, QuickBooks, and Microsoft Dynamics, making it easy to adopt without disrupting your existing infrastructure. 

Why Outsource Accounts Payable? 

Outsourcing accounts payable is a strategic move for businesses looking to reduce costs, improve accuracy, and focus on core activities. When paired with automation tools like Stampli, outsourcing AP provides even more value: 

  • Reduced overhead: No need to hire or expand an internal AP team. 
  • Faster processing: Automation ensures invoices are routed and approved swiftly. 
  • Greater control: Real-time dashboards offer complete visibility into the AP cycle. 
  • Scalability: Easily handle growing volumes without increasing resources. 
  • Improved compliance: Standardized processes and audit trails reduce risk. 

By outsourcing your AP function to a trusted partner like KMK, you can eliminate inefficiencies, reduce the risk of fraud or errors, and ensure consistent payment practices. 

Key Features of Stampli 

Stampli offers a suite of features that make it ideal for managing outsourced accounts payable processes.  

  • AI Assistant (Billy the Bot): Automates data entry, suggests GL codes, and learns from past entries to improve accuracy over time. 
  • Invoice Collaboration Hub: A centralized platform where all communications, comments, and approvals occur directly on the invoice. 
  • Custom Approval Workflows: Tailor invoice routing based on business rules such as amount, department, or vendor type. 
  • ERP Integration: Seamless syncing with existing accounting systems for real-time data accuracy. 
  • Duplicate Detection and Fraud Alerts: Built-in mechanisms to catch errors before they happen. 
  • Audit Trail and Document Storage: Full visibility and compliance support with searchable invoice history. 
  • Mobile Accessibility: Approve and track invoices from any device, enabling fast approvals on the go. 

Business Benefits of Stampli  

  • Accelerated Invoice Processing: Stampli reduces approval cycles from weeks to hours by automating routing and follow-ups. 
  • Fewer Errors, More Accuracy: AI-powered data capture eliminates misentries and reduces the need for manual corrections. 
  • Stronger Vendor Relationships: On-time payments and clear communications lead to better supplier trust and long-term partnerships. 
  • Real-Time Insights: Gain actionable financial insights with dashboards that track liabilities, payments, and performance metrics. 
  • Lower AP Costs: Cut costs on paper, postage, staffing, and training with a digital-first, outsourced solution. 
  • Improved Compliance and Audit Readiness: Built-in audit trails ensure complete invoice, comment, and approval traceability. 
  • Flexible Scalability: As your business grows, Stampli and KMK scale with you—handling increasing complexity efficiently. 

Read Also: Streamline Your Financial Operations by Outsourcing Accounts Payable Services

How KMK Can Help 

KMK brings over a decade of experience in outsourced accounting, tax, and finance operations. By integrating Stampli into our outsourced accounts payable services, we help you get the most out of AP automation without the learning curve. 

Here’s how we support your transition and ongoing success: 

  • Customized Implementation: We configure Stampli’s workflows, roles, and integrations tailored to your business needs. 
  • End-to-End Invoice Management: From invoice receipt to payment scheduling and reconciliation, KMK handles the entire process. 
  • Real-Time Reporting: Our team delivers customized reports and dashboards for clear AP visibility and planning. 
  • Vendor Communication: We streamline correspondence with suppliers and manage documentation like W-9s and contracts. 
  • Ongoing Optimization: KMK continuously monitors AP metrics and refines processes to improve efficiency and reduce bottlenecks. 

With KMK, you don’t just get a tool. Instead, you get a full-service AP function designed for performance, compliance, and scale. 

Conclusion: 

In today’s fast-paced and competitive environment, transforming accounts payable from a cost center into a strategic advantage is not just smart. Instead, it’s necessary. With Stampli’s intelligent automation and KMK’s dedicated outsourced accounting services, your business gains the agility, accuracy, and transparency needed to grow confidently. 

Let KMK take over invoice management’s time-consuming aspects while you control decisions and strategy. Our partnership with Stampli ensures that your accounts payable process is no longer a burden but a business asset. 

Ready to streamline your AP function and scale smarter? Contact KMK to learn how we can help you transform your financial operations with Stampli. 

About the Author

Dev KothariDev Kothari, a seasoned leader at KMK, heads the Special Teams, where he leverages his extensive expertise in managing large-scale  accounting and tax return processing for U.S.-based clients. With a keen eye for workflow optimization and stakeholder collaboration, Dev drives exceptional efficiency and quality in high-volume project delivery. As a dual-qualified CPA (AICPA, Arizona) and Chartered Accountant (ICAI), Dev’s blend of strategic insight and technical prowess positions him as a key asset in ensuring KMK’s clients consistently achieve their financial goals.

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KMK is a top outsourced accounting and tax service provider. We offer end-to-end accounting and tax services for small to mid-sized businesses, with a team of 875+ professionals, including certified public, chartered, and staff accountants.