Accounts payable · Production

Renova Energy reduces invoice processing time by 50% with Stampli AP automation

The problem

Renova Energy was manually processing over 700 vendor bills per month, consuming 80% of the AP team's time on data entry and chasing approvals, with no way to track invoice status.

Workflow diagram · grounded in source
1
Vendor bill arrives in Stampli
trigger
“especially when 700 invoices are being processed per month”
2
AI codes invoice automatically
ai_action
“Stampli's AI, Billy, that uses machine learning to learn Renova's processes automating invoice coding and approval workflows”
3
Human review before approval
human_review
“Andrea just needs to quickly review the data before sending the bill on for approval”
4
Approval workflow with notifications
output
“Automatic notifications and reminders from Stampli prompt approvers to respond faster. Management reports that highlight delays and bottlenecks provide further motivation for prompt approvals”
5
Sync to NetSuite
integration
“the Stampli integration keeps vendor list, account codes, purchase orders, departments, locations, and other required NetSuite data in sync between the two applications”
Reported outcome

Stampli eliminated hundreds of hours of manual data entry and reduced AP processing time by 50%, freeing the accounting team to focus on forecasting and reporting, while making all invoices accurate and trackable.

Reported metrics
AP processing time reduction50%
AP team time previously consumed by data entry and approvals80%
Vendor bills processed per month700
Manual data entrysignificantly reduced
Show all 6 reported metrics
AP processing time reduction50%
AP team time previously consumed by data entry and approvals80%
vendor bills processed per month700
manual data entrysignificantly reduced
hours of manual bill entry eliminatedHundreds of hours
invoice accuracy and trackabilityaccurate and trackable
Reported stack
StampliBillyNetSuite
Source
https://www.stampli.com/case-studies/renova/
Read source ↗

Frequently asked questions

What did this team achieve with this AI workflow?

Stampli eliminated hundreds of hours of manual data entry and reduced AP processing time by 50%, freeing the accounting team to focus on forecasting and reporting, while making all invoices accurate and trackable.

What tools did this team use?

Stampli, Billy, NetSuite.

What results were reported?

AP processing time reduction: 50%; AP team time previously consumed by data entry and approvals: 80%; Vendor bills processed per month: 700; Manual data entry: significantly reduced (source-reported, not independently verified).

How is this accounts payable AI workflow structured?

Vendor bill arrives in Stampli → AI codes invoice automatically → Human review before approval → Approval workflow with notifications → Sync to NetSuite.

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