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Kolleno partners with Stenn, a leading working capital platform

March 7, 2024

Kolleno, the leading AR management software in EMEA, partnered with Stenn, the leading global working capital platform.

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Kolleno is pleased to announce a new partnership with Stenn, a leading working capital platform. Stenn enables growth for businesses engaged in international trade, e-commerce and digital services by providing global invoice financing and revenue-based financing.

By enabling businesses to access the capital needed to expand their business, products, and customer reach, Stenn aligns perfectly with Kolleno’s commitment to helping businesses grow by optimising their finances. Kolleno tackles this aim through a different angle, namely through features such as their customisable financial workflows, automated reconciliation, and payments portal. With Kolleno, finance teams can gain full visibility of their financial position and automate and optimise every part of their operations, increasing collections, saving time, minimising errors, and reducing costs.

Through this collaboration, Stenn and Kolleno offer a mutual value proposition, enabling customers access to more comprehensive support for their AR processes and financing.

“We’re delighted to partner with Kolleno, not only because of the close alignment of how our respective propositions focus on solving critical pain points for customers when it comes to cash flow, access to working capital and collections, but also due to their “partnership mindset” driving ecosystem value for their customers.

–   Peter De Souza, VP Partnerships, Stenn

“Stenn aligns perfectly with our objective of aiding clients in optimising financial operations to support their growth. By facilitating customer access to essential growth capital in different ways and integrating with Netsuite, partnering with Stenn can deliver substantial value to our clients.”

–   Dimitri Raziev, CEO, Kolleno

Stenn and Kolleno are both committed to combining their strengths to enable their customers to achieve greater success by optimising their finances.

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