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Settle Introduces Public API and MCP Server

In a significant move for businesses in the Consumer Packaged Goods (CPG) sector, Settle, a leader in cash flow management and working capital solutions, has unveiled its new public API (Application Programming Interface) and Model Context Protocol (MCP) server. This initiative allows businesses to seamlessly integrate Settle’s tools into their existing frameworks, enabling more efficient management of procurement processes through intelligent automation.

This latest development represents a pioneering step towards agentic procure-to-pay systems. With these integrations, businesses can automate various aspects of their financial operations, from purchase orders to payment processing. By connecting their software, databases, and AI assistants—such as Claude—to Settle’s platform, companies can significantly enhance their operations.

Transforming Financial Operations

Traditionally, CPG brands have navigated a complex landscape of disparate tools, including Shopify, ERP systems, accounting software, and even spreadsheets, which often slow down operational efficiency. With Settle’s API and MCP server, organizations can unify these tools, allowing finance and operations teams — along with AI agents — to access essential payables data more quickly.

What does this mean in practice? Take, for example, an organization needing to know its upcoming supplier obligations. Rather than taking hours to compile this data, Settle’s integration provides answers in mere seconds. Early adopters of this technology are already creating custom dashboards and deploying AI agents that facilitate the routine tasks necessary for maintaining day-to-day operations.

Streamlining Business Practices

Alek Koenig, the CEO and founder of Settle, emphasizes the transformative impact of this offering: “Every business we talk to is fundamentally rethinking how they work with AI. The companies that are advancing quickest are looking for ways to enhance communication between their tools.” Koenig believes that by creating a system where brands’ AIs can work alongside Settle’s platform, they are laying the groundwork for a robust, automated procurement and payment solution. This means that purchasing, payables, and cash flow management could become more autonomous, allowing businesses to focus on growth and innovation.

Initiating Integration

Developers—and existing Settle customers—can start utilizing the new tools by visiting Settle’s API portal or contacting their respective account teams. Through guided integration, organizations can begin to see the tangible benefits of more cohesive operational practices.

About Settle

Settle is not just another financial management tool; it is specifically designed for product-based businesses. Its comprehensive suite encompasses everything from procurement and bill payments to accounts payable automation and flexible capital financing. With backing from prominent investors, including Ribbit Capital, Kleiner Perkins, and more, Settle has already processed over $8 billion in payments, providing thousands of U.S. businesses with the financial resources necessary for scaling operations.

In summary, Settle’s launch of its public API and MCP server marks an important milestone for CPG businesses striving to integrate AI into their financial workflows. By doing so, they are not only enhancing operational efficiency but also opening the door for future innovations within the finance sector. With such advancements, the promise of smarter financial operations is not just an aspiration, but a growing reality.