Artificial Intelligence

Settle Launches Public API and MCP Server to Integrate Procure-to-Pay Platform with AI Agents

· GlobeWire Daily Editorial Desk · Source: www.prnewswire.com

2 min read

Key takeawaysSettle, a cash flow management and working capital platform for inventory-based businesses, has announced the launch of its public API and Model Context Protocol (MCP) server. According to the company, this release aims to connect its purchasing, bill pay, and working capital data with external software, data warehouses, and AI assistants like Claude…
Settle Launches Public API and MCP Server to Integrate Procure-to-Pay Platform with AI Agents

Original GlobeWire Daily editorial illustration — not an event photograph.

Settle, a cash flow management and working capital platform for inventory-based businesses, has announced the launch of its public API and Model Context Protocol (MCP) server. According to the company, this release aims to connect its purchasing, bill pay, and working capital data with external software, data warehouses, and AI assistants like Claude, marking an initial step toward agentic procure-to-pay.

Connecting CPG Operations and AI Assistants

Consumer Packaged Goods (CPG) companies often utilize various tools including Shopify, enterprise resource planning systems, accounting software, and spreadsheets. Settle states that its new API and MCP server integrate into this existing technology stack. The integration is designed to allow finance teams and AI agents to access payables data, aiming to assist with tasks such as reconciliation, cash forecasting, and responding to supplier payment inquiries.

Settle reports that early customers are currently utilizing the new tools to build custom cash flow dashboards and AI-assisted operational workflows. The company indicates plans to expand the capabilities available to agents across procurement, payables, and working capital.

Leadership Perspectives and Access

"Every business we talk to is rebuilding how they work with AI, and the companies moving fastest want their tools to talk to each other," said Alek Koenig, CEO and founder of Settle, in the announcement. "We built Settle's API and MCP server so a brand's AI can work alongside our platform and their other systems, not around them."

  • Developer Access: Developers and current Settle customers can begin using the new tools by visiting settle.com/api or by contacting their account team.
  • Platform Background: Settle provides cash flow management, procurement, bill pay, and working capital financing for product businesses, having processed over $8 billion in payments to date.

Verification and Next Steps

Readers and interested businesses can verify the original announcement directly through Settle's official website at settle.com/api or via their press release published on PR Newswire. As with any software integration, organizations should evaluate security protocols, API documentation, and data privacy terms before connecting financial systems to third-party AI assistants.

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Read the original source: SETTLE LAUNCHES PUBLIC API AND MCP SERVER, OPENING ITS PROCURE-TO-PAY PLATFORM TO AI AGENTS - PR Newswire

AI-assisted reporting; source claims are attributed and have not been independently verified.

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GlobeWire Daily Editorial Desk — AI-assisted news based on attributed published sources.

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