Collaboration combines Fiserv Commerce Hub and SnapPay with Stuut’s AI-powered automation to help eligible businesses modernize order-to-cash operations where available
Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology, today announced a strategic partnership with Stuut Technologies to help eligible enterprise finance teams modernize manual, fragmented B2B receivables processes where available. The collaboration brings together Fiserv’s Commerce Hub, Fiserv’s global payments platform, and SnapPay®, its order-to-cash solution, with Stuut’s AI-enabled automation capabilities to support collections, cash application, payments, disputes, and deductions, subject to applicable requirements and implementation timelines.
Under the agreement, Commerce Hub will serve as the payment processing foundation for Stuut’s platform, while SnapPay will integrate Stuut’s technology to help automate accounts receivable and B2B payment workflows for eligible organizations where available. Together, the companies plan to deliver an integrated set of capabilities designed to help organizations reduce manual work, support working capital management, and improve visibility into cash flow and customer payment activity.
Read More on Fintech : Global FinTech Interview: AI and the future of fintech with Hugh Cumming, CTO, Vena
“Businesses are increasingly looking for ways to improve customer experiences while optimizing working capital,” said Jackson McIntosh, SVP, Payments Value Added Services at Fiserv. “Together with Stuut, we are combining our payment and receivables expertise with AI innovation, helping our clients streamline order-to-cash workflows, support productivity gains, improve operational efficiency and deliver greater value.”
Founded in 2024, Stuut helps B2B enterprises use agentic AI to transform manual, error-prone order-to-cash processes. Its AI agent has collected more than $2 billion in B2B invoices, growing adoption of the platform.
“By combining Stuut’s AI agent with Commerce Hub and SnapPay, we are giving finance teams a next-generation solution to help modernize order-to-cash operations,” said Tarek Alaruri, CEO and Co-Founder of Stuut. “Together with Fiserv’s scale and payments technology, we are providing the foundation to bring these capabilities to more enterprise customers.”
Catch more Fintech Insights : Global FinTech Innovations Are Transforming Banking into Continuous Financial Guidance
[To share your insights with us, please write to psen@itechseries.com ]
