Stuut Raises $29.5 Million Series A Led by a16z

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“Within the first 5 weeks after go-live, Stuut allowed us to redeploy about 60% of the headcount cost associated with the invoice-to-collections process. Additionally, the 40% remaining are driving favorable working capital trends compared to the pre-Stuut configuration. In fact, invoices aged over 60 days reduced by over 40% in the first 90 days.”

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Jeff Martini

CFO @ Bishop Lifting

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