Stuut raises $52.5M Series B to run order-to-cash with AI
Stuut says its AI runs order-to-cash end to end for over 150 customers, cutting DSO by 47%. Its Series B, joined by Andreessen Horowitz and M12, takes total funding to $93 million.
Via TNW | Contributed
Businesses worldwide have $16 trillion locked up in unpaid receivables. Stuut, the AI platform that runs order-to-cash for the world’s enterprises, is going after it.
In a world where all finance software looks and behaves the same, Stuut offers customers the ability to automate 100% of their work. It runs the entire order-to-cash process. It moves dollars through collections, cash application, payments, disputes, and deductions. Stuut’s customers are freeing up to 40% more cash flow, with a 47% reduction in…
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