Case Study
Miami DDA strengthens crucial vendor relationships with faster payments
The Miami Downtown Development Authority (Miami DDA) improved its vendor relationships and strengthened internal controls by adopting Stampli's AP automation. Previously, long invoice processing times, averaging 1.5 months, caused frustrations and strained vendor relationships. By reducing this time to under 2 weeks, Miami DDA accelerated payments and improved efficiency. Stampli’s platform also supported the DDA’s audit requirements with detailed audit trails, ensuring compliance with governmental regulations. Stampli’s Advanced Vendor Management further streamlined vendor onboarding and documentation processes.