Stuut | PerkinElmer

Overview

PerkinElmer partnered with Stuut to modernize its global receivables process during a complex corporate carve-out. Stuut engineered a fully tailored solution, enabling a seamless rollout across the US, EMEA, and India (with APAC coming soon) while ensuring PerkinElmer maintained high-quality service for its customers throughout the transition.

Within a year, overdue receivables dropped from 50% to 15%, unlocking cash flow that fueled two acquisitions. Stuut’s automation not only streamlined routine collections but also created a repeatable growth flywheel, giving the company the capacity to scale operations and pursue M&A opportunities with confidence.

Key Metrics

Overdue invoices reduced from 50% → 15% in one year
Collected $300m thus far
Multi-region, multi-language rollout (US, EMEA, India, APAC next)
80% of tail customers managed through automation
Two company acquisitions enabled via improved cash flow
Lower error rates for CX and prioritized workflows

Stuut’s automation not only streamlined routine collections but also created a repeatable growth flywheel.

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Case Studies

Lift Solutions

How Lift Solutions Cut Payment Time by 11 Days Across 3 ERPs

Industry :

Manufacturing

A PE-backed industrial services business was stuck chasing invoices across three disconnected ERPs. Stuut unified collections, cut payment time by 11 days, and helped collect $4.7M in one month without adding headcount.

HiBid

How HiBid Cut External Collections Write-Offs in Half and Saw Stuut Pay for Itself in One Quarter

Industry :

Marketplace

HiBid replaced a scattered collection effort across sales and support with centralized AI calling, covering 6,878 accounts while keeping its finance team lean.