Case Study: Goat Hospitality Group streamlines AP and reduces fraud with Stampli Card

Goat Hospitality Group saves $40K yearly with Stampli

Goat Hospitality Group, a Miami-based operator of nightclubs, hotels, and restaurants, faced challenges with outdated financial processes that led to operational inefficiencies, human error, and fraud. Their manual systems, including petty cash, lacked real-time visibility and control. To address this, they turned to the vendor Stampli and implemented Stampli Card to modernize their accounts payable and expense management.

The solution from Stampli, specifically Stampli Card, provided immediate visibility and control over transactions, requiring receipts and enforcing spending rules to prevent fraud. This integration with QuickBooks Online automated 95% of invoice coding and provided real-time tracking. As a result, Goat Hospitality Group saved $40,000 yearly by avoiding increased headcount and gained significant operational agility, with the system taking just two hours to implement.

Goat Hospitality Group