For plumbing business owners, managing the flow of money is just as critical as managing the flow of water. Yet, many commercial and residential plumbing operations remain bogged down by manual back-office tasks. Technicians submit crumpled paper receipts from supply houses, and supplier invoices pile up on desks. ServiceTitan now offers Accounts Payable Automation to solve this headache. It transforms how the plumbing industry handles financial workflows, turning a notorious bottleneck into a competitive advantage. It is part of a significant expansion of its fintech suite, including tap-to-pay transactions for seamless mobile payments and integrated financing.
“Contractors shouldn’t have to rely on disconnected tools to manage critical financial workflows,” says Rahul Hampole, vice president, product and general manager of Fintech at ServiceTitan. “The natively integrated, AI powered ST Accounts Payable solution transforms AP workflow and delivers true end-to-end visibility across business operations.”
By consolidating accounts payable, payments and consumer financing into a single platform, ServiceTitan essentially consolidates the financial life cycle. Back-office teams can automate time-consuming workflows, technicians can accept payments faster in the field, and sales teams can offer flexible financing options. AP Automation leverages AI to connect bills directly to jobs, vendors and purchase orders, giving teams clearer visibility into cash flow and financial operations. Bills are captured through an automated inbox and matched to receipts and purchase orders, while three-way matching helps reconcile discrepancies.
Tap to pay on mobile enables plumbers to accept contactless payments in seconds using compatible mobile devices without the need for additional hardware. This reflects growing consumer demand for faster, more convenient, and secure payment experiences, while helping contractors reduce delays between job completion and payment. Integrated Financing in ServiceTitan’s Field app leverages AI to enable ServiceTitan customers to manage the full financing process, from prequalification through funding, directly within the platform contractors already use to run their business. Designed specifically for in-field contractor workflows, the unified application waterfall connects first-look, second-look and no-credit options from financing partners, making it easier for trades businesses to offer flexible payment options and close jobs more efficiently.
As consumer expectations continue to evolve and contractors seek more efficient ways to manage increasingly complex financial operations, ServiceTitan’s expanded suite reinforces its position as an all-in-one platform purpose-built for the trades.
“Our customers can eliminate friction in the field and gain more financial control in the office,” says Hampole.
855-899-0970; www.servicetitan.com
Continue reading for free
