How Settle delivers cash flow management, bill pay, and financing in 1-click to eCommerce brands with Photon Commerce

Photon Commerce powers invoice automation, OCR, and Robotic Process Automation (RPA) for Settle, a leader in eCommerce cash flow management, factoring, and invoice payments

 
 

  • Settle pays your vendors upfront, allowing you to pay us back 30 to 120 days later.

  • Reads and processes any invoice automatically, no matter the format or language

  • Get paid now instead of waiting on funds

 

Settle’s Founder and CEO, Alek Koenig, was head of credit at Affirm. He describes Photon Commerce’s invoice AI as a “godsend” for their business.

The founders from Settle and Photon Commerce created their companies at the original founding batch in the On Deck Fellows program in San Francisco.

Settle’s founding vision is to automate B2B payments and provide working-capital solutions for businesses.

In the modern economy, eCommerce has changed fast. Receivables factoring, banks, and financing companies have struggled to keep up with modern trends.

 

Settle calls the simple and fast Photon Commerce API service to extract, understand, and process any invoice in seconds. This allows any invoice to be paid or financed in 1-click.

Users can edit fields, improving accuracy and speed over time through invoice machine learning and RPA.

Talk to us about how AI can accelerate your receivables financing or eCommerce business

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