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.
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