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Stenn and amni.ai Partnership Announcement

21 Nov

,

2024

Stenn, the leading working capital digital platform, has partnered with amni.ai, an AI-powered software suite that brings more visibility, reliability, and authenticity to supply chains. The collaboration delivers seamless access to Stenn's innovative invoice financing, payables financing, and revenue based financing, providing amni.ai’s customers with on-demand capital at various points of the cash conversion cycle.

amni.ai provides a connected, quality-driven software suite that ensures visibility and reliability for supply chain participants. With real-time insights and digital documentation, amni.ai enables better decision-making, faster time-to-market, and cost savings by automating key production and quality control processes. This partnership empowers Stenn’s CPG customers to streamline operations and scale production efficiently, ensuring both regulatory adherence and consumer trust in product quality.

amni.ai works with manufacturers in FDA-regulated industries, where sourcing and inventory management can impact overall lead times and time to revenue. The partnership with Stenn allows manufacturers to seamlessly leverage customer invoices to procure raw materials, streamlining order fulfillment and removing financial barriers.

Chris Jones, CEO at amni.ai, believes, “Stenn understands the challenges consumer goods manufacturers face in maintaining cash flow amidst long production cycles, regulatory complexity, and high compliance costs. That's why we've partnered together to help cGMP-regulated manufacturers optimize cash flow, improve lead times, and accelerate revenue growth.”

“At Stenn, we believe amni.ai is uniquely positioned to transform the CPG space,” said Noel Hillman, Chief Commercial Officer at Stenn. “By combining amni.ai's cGMP software with Stenn's flexible funding platform, manufacturers immediately can increase revenue with access to on-demand working capital.”

With a goal of providing 100% visibility into the entire supply chain, amni.ai gives supply chain participants complete confidence in the quality and reliability of their supply chains. Process manufacturers can deploy amni.ai’s cGMP software in ¼ of the time at ½ the cost for 2x the value. On average, amni.ai customers achieve 75% faster batch review and release, 32% fewer documentation errors, and a 45% increase in QC productivity. amni.ai’s new collaboration with Stenn gives executives a powerful new tool for managing the supply chain and cash flow for increased efficiencies throughout the cash conversion cycle.

About amni.ai
amni.ai, a software startup based in Florida, leverages AI and automation to enhance and verify supply chains for FDA-regulated industries. By digitalizing supply chains and providing data marketplace solutions, amni.ai helps businesses optimize operations and unlock new revenue streams, ensuring confidence in product quality and integrity for all participants. Learn more at amni.com.

About Stenn
Stenn is the next-gen capital platform that unlocks fast, flexible, dilution-free funding so businesses can grow on their terms. Stenn’s international team of finance and technology experts have helped businesses in over 75 countries access $20 billion in working capital to scale operations and expand into new markets. Stenn, headquartered in London, with offices throughout the globe, has helped 1000s of companies access $20 billion in its 9 years in business.

About Stenn

Since 2016, Stenn has powered over $20 billion in financed assets, supported by trusted partners, including Citi Bank, Goldman Sachs, HSBC, and Natixis. Our team of experts specializes in generating agile, tailored financing solutions that help you do business on your terms.

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eCommerce
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Importers
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