---
title: Stuut's AI Now Runs the Order-to-Cash Process End to End, Cutting Customers' DSO by 47%
description: Stuut's AI runs the order-to-cash process for Honeywell, ZoomInfo and 150+ companies, cutting DSO by 47%. Insight Partners led its $52.5M Series B.
author: Darie Nani (Editor-in-Chief)
date: 2026-10-07T13:36:33.984Z
updated: 2026-10-07T13:36:33.994Z
canonical: https://www.sovereignmagazine.com/article/order-to-cash-process-stuut
image: https://cdn.nanimediahouse.com/stuut-founders-chaarwari-alaruri-winter.webp
categories: Artificial Intelligence, Startups
content_type: Spotlight
region: New York City
publication: Sovereign Magazine
about:
  - type: Organization
    name: Stuut Technologies
    description: Stuut is a New York company whose AI runs the order-to-cash process for large companies, covering order management, credit, collections, cash application, payments, disputes and deductions. Founded in 2024, it works with more than 150 companies, including Honeywell, ZoomInfo and PerkinElmer, and has raised $93 million from investors including Insight Partners, Andreessen Horowitz, M12 and Activant.
    url: https://www.stuut.ai/
    sameAs:
      - https://www.linkedin.com/company/stuut/
---

Stuut, a New York company that uses AI to run the order-to-cash process for large companies, has raised a $52.5 million Series B led by Insight Partners. Andreessen Horowitz, M12, Microsoft's venture fund, and Activant also invested. The company says the round closed within 24 hours, ten months after its [$29.5 million Series A](https://www.sovereignmagazine.com/article/why-andreessen-horowitz-just-bet-29-5m-on-stuut-s-3-day-software-deployments), and it has now raised $93 million in total.

More than 150 companies use Stuut, from mid-market businesses to members of the Fortune 50, among them Honeywell, ZoomInfo, Verifone, PerkinElmer and Vodafone. The company says its customer base has grown fivefold in the past year and that more than $3 billion has moved through the platform.

## The Steps in the Order-to-Cash Process

The order-to-cash (O2C) process covers everything between a customer placing an order and the payment reaching the seller's bank account. It starts with order management and a credit check on the customer, moves on to invoicing and collections, and ends with cash application, when an incoming payment is matched to the invoice it settles. Disputes and deductions, where a customer challenges an invoice or pays less than the amount billed, run alongside these steps. In a large company the work is spread across sales, finance and operations teams and several systems.

## Where the Order-to-Cash Process Breaks Down

Most customers intend to pay, and delays usually start with a small error, such as a missing purchase order, wrong order data or an invoice sent to the wrong person. A missing purchase order can lead to a rejected invoice, then a submission through the customer's supplier portal, then a short payment or a deduction. Each stage brings more emails, portal work and internal follow-up, and by the time the invoice is overdue the problem can involve sales, finance and operations at once. At enterprise scale, getting paid becomes millions of small investigations that take up thousands of hours.

## The Cost of Late Payments and High Days Sales Outstanding

Stuut estimates that broken order-to-cash processes cost companies as much as 5% of revenue, or up to $1 trillion a year across the Fortune 500, and puts the amount held in unpaid receivables worldwide at $16 trillion.

Finance teams track the delay through days sales outstanding (DSO), the average number of days a company takes to collect payment after a sale. Stuut puts US trade receivables at $7.2 trillion and calculates that each extra day of DSO leaves about $150 billion tied up. Boards watch DSO closely, and at some companies it is tied directly to the chief financial officer's pay. Finance teams are handling more customers, transactions and systems with fewer staff, as [more than 300,000 US accountants have left the profession](https://www.sovereignmagazine.com/article/black-ore-tax-autopilot-launch) since 2019.

"Many enterprises have more cash tied up in receivables than they realize," said Julian Marcu, vice president at Insight Partners and a member of Stuut's board.

## Stuut's AI Across Order Management, Collections and Cash Application

Tarek Alaruri, Stuut's chief executive, co-founded the company in 2024 after hearing the same complaint from more than 200 companies, that they had plenty of finance software but still relied on someone to chase every invoice. He previously co-founded Fairmarkit, a procurement software company.

At the time of its Series A, Stuut handled collections, payments, cash application and deductions for accounts receivable teams. It now also covers order management, credit and disputes, which lets it catch problems such as missing order data before they turn into late payments.

Stuut follows each invoice through the chain, across thousands of invoices at once. It contacts customers worldwide by SMS, email and phone, logs into their accounts payable portals, reconciles incoming cash and takes the next step on each account. The software keeps a record of each customer, including how they pay, which portals they use, what tends to go wrong and how it was fixed last time. Finance teams can ask it what happened on an account, why, and what it did to resolve it.

According to the company, 81.7% of outbound collections activity now runs without anyone involved, and 95% of incoming payments are matched to invoices automatically. Stuut says its customers free up as much as 40% more cash flow and have cut their DSO by 47%.

"Most businesses don't have the bandwidth to segment their base or give customers the level of service they deserve," said Alaruri. "By leveraging AI, we're able to deliver one of the leading solutions with continuous learning loops to improve the customer experience, reduce churn, improve NPS, and deliver better financial performance."

Stuut connects to a company's existing ERP, bank accounts, CRM and payment systems and goes live within days. It is set up to follow each customer's own processes and controls, every action it takes can be audited, and any change to how it behaves needs approval.

"It fits naturally into our existing ERP, respects the controls and audit trails we've built, and gives us confidence that its AI solution can work inside those guardrails, not around them," said Chris Dichiara, chief financial officer of Verifone.

## Customer Results at Bishop Lifting, Honeywell and ZoomInfo

Bishop Lifting has rolled Stuut out across 45 branches for collections, disputes and cash application. It has cut overdue receivables by 35%, released $3 million in working capital and increased the number of accounts each employee manages by 50%. Honeywell runs Stuut on top of its [older SAP system](https://www.sovereignmagazine.com/article/dodge-ai-2-65m-accel-google-sap-maintenance) to reach the long tail of smaller customer accounts, and is extending it into quote-to-cash, which starts earlier, when a sales quote is issued.

At ZoomInfo, Stuut has collected $21.2 million and cut the time it takes to first contact a customer about an invoice by more than 90%. The two companies have also started a data partnership that brings ZoomInfo's company data into Stuut for all of Stuut's customers.

"Stuut changed how we think about AR technology. We did not need another system to help our team manage the work. We needed one that could take on more of it," said Blaine Browning, controller and vice president of accounting at ZoomInfo. "Alongside other AR initiatives, Stuut contributed to DSO improving from 51 to 40 days, making the decision to renew for multiple years and expand into Disputes an easy one."

## Partnerships with Fiserv and EY

Stuut also sells through firms that already advise companies on cash and working capital, including Fiserv, EY, Altamont and HIG. In August, Fiserv announced a partnership that puts Stuut's AI inside SnapPay, Fiserv's order-to-cash product.

"Order-to-cash performance has always been capped by capacity: how many accounts a team can work, how many disputes it can chase. Stuut's autonomous execution removes that ceiling while holding to the controls a global enterprise requires," said Shawn Ryan, partner and US working capital leader at EY-Parthenon.

## Plans for the Series B Funding

Stuut says it is growing more than 90% quarter over quarter. It will use the Series B to meet customer demand and to move further into the financial services around each transaction, from credit and lending to the movement of funds. Its longer-term aim is to handle every transaction from the moment a company decides to sell something, through each decision, document and payment, until the cash reaches the bank.

**About Stuut Technologies**

Stuut is a New York company whose AI runs the order-to-cash process for large companies, covering order management, credit, collections, cash application, payments, disputes and deductions. Founded in 2024, it works with more than 150 companies, including Honeywell, ZoomInfo and PerkinElmer, and has raised $93 million from investors including Insight Partners, Andreessen Horowitz, M12 and Activant.

[Website](https://www.stuut.ai/)

## FAQ

**Q: What are the steps in the order-to-cash process?**
The usual steps are order management, a credit check on the customer, invoicing, collections and cash application, with disputes and deductions handled alongside them. Stuut's platform now covers all of these steps.

**Q: What is the difference between order-to-cash and procure-to-pay?**
Order-to-cash is the seller's side, from a customer's order to the payment arriving. Procure-to-pay (P2P) is the buyer's side, from raising a purchase order to paying the supplier. The two meet when the buyer's accounts payable team processes the seller's invoice, which is where missing purchase orders and supplier portal submissions tend to slow payment down.

**Q: What is the formula for days sales outstanding?**
DSO equals accounts receivable divided by total credit sales for a period, multiplied by the number of days in that period. A company with $10 million in receivables and $60 million in credit sales over a 90-day quarter has a DSO of 15 days. A lower figure means cash arrives sooner. ZoomInfo's DSO fell from 51 to 40 days while it used Stuut alongside other changes in its receivables team.

**Q: Who invested in Stuut's Series B?**
Insight Partners led the $52.5 million round, with Andreessen Horowitz, M12 and Activant also investing. Andreessen Horowitz led Stuut's $29.5 million Series A in November 2025, and the company has raised $93 million in total.