Stampli Elevates Accounts Payable Productivity For Cannabis Companies
The story begins with Kiva Confectionals
Stampli, an accounts payable (AP) automation platform, is changing the game when it comes to how cannabis companies process their vendor invoices and issue payments.
The story begins with Kiva Confections, one of the most recognized cannabis companies in California. Kiva takes pride in producing consistent edibles, mints and gummies. The company also markets and sells its cannabis confections, which means Kiva works with a plethora of vendors—from manufacturers to chocolate suppliers.
Kiva’s vendors send 650+ invoices per month to Kiva’s accounting team by email. These invoices were being managed with email folders in Gmail according to the due date. Those of us with messy email inboxes can understand how easy it is for things to get lost in a system like that, not to mention how hard it is to keep track of it all.
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