Contract & Payment automation platform for SMEs

Powered by AI, Sett extracts and organizes contract information, enabling easy invoice generation and payment initiation (AR/AP automation), which reduces manual work.

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Professional Invoicing

Leverage advanced AI technology to automate data entry and streamline workflows, enhancing productivity and efficiency through automated document processing.

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Most of SMEs still manage contracts and payments manually

This results in missed deadlines, overlooked clauses and delayed payments

  • 47%

    of SMEs struggle with delays in receiving payments

  • 45%

    of the SMEs cited manual invoice review and invoice approval process as a problem when making payments

  • 10%+

    of annual revenue SMEs can lose due to poor contract management practices

  • 40h+/mo

    average time wasted by SMEs on financial admin tasks

  • 80%+

    SMEs still rely heavily on Microsoft Excel, email, and paper for their processes

  • 4-5

    specialized tools needed to automate financial administration

Powerful AR/AP automation

Save time, lower labor costs, enhance customer service, and optimize cash flow with a powerful AR/AP automation platform designed for SMEs

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Benefits for SMEs

With Sett, SMEs now have access to cost-effective automation technologies that were previously available only to larger enterprise

  • 80% Reduction

    in Manual Data Entry: Automate data entry and payment processing, freeing up valuable time for strategic work

  • 30-50% Lower

    Labor Costs: Cut costs associated with financial administration by automating AP/AR workflows

  • 40% Faster

    Payment Cycles: Speed up invoice processing and payment collection, improving cash flow and reducing days sales outstanding (DSO)

  • 70% Fewer

    Errors: Reduce data entry and processing errors significantly, increasing accuracy in financial records

  • 30% Improved

    Cash Flow Forecasting Accuracy: Gain more accurate cash flow predictions with centralized AP, AR, and contract data

  • 50% Increase

    in Productivity: Enable teams to focus on value-added tasks by automating repetitive, manual work

AI powered cash flow forecasting & reporting

Sett organizes and structures all relevant data, enabling the creation of precise cash flow forecasts and detailed reports

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Data analysis is crucial for every SME

Tailor your KPI dashboard to fit your specific needs, and effortlessly build interactive dashboards and reports powered by real-time financial data

  • Fully Customizable

    The reports and analytics module is fully customizable

  • Improved Forecasting

    Use pre-built templates or set your own metrics and parameters

  • AI Powered Tools

    Gain the insights and tools you need to monitor, forecast, and optimize your finances with confidence

  • SME Tailored

    Tailored for SMEs with a simple, efficient approach

Contract management and payment processes are closely linked

Links contracts directly to payments, providing a unified view and smoother financial management

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Sett extracts and organizes contract information

Powered by AI, Sett extracts and organizes contract information, enabling easy invoice generation and payment initiation (AR/AP automation), which reduces manual work

  • Financial Task Tracker

    Built-in calendar-based task tracker to streamline the monitoring of key tasks

  • Automation & Simplification

    Managing payments and renewing contracts becomes effortless with AI-powered contract management

  • Fewer Human Errors

    Get full visibility without any data entry. Sett extracts key contract details, from SKU name to start and end dates

  • Freeing Up Time

    Employees no longer need to waste time on routine, repetitive tasks such as tracking contract dates and terms or manually entering data

Automate all routine financial tasks

Streamline routine tasks by automating reconciliation processes and setting up efficient approval chains

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Sett is a simple, unified solution that replaces multiple complex, disconnected, and costly tools

This unique advantage provides comprehensive management reporting, offering SMBs a more complete and transparent view of their business’s financial health.