ServiceTitan Expands Fintech Suite with AP Automation for Enhanced Contractor Financial Workflows
January 08, 2026 — LOS ANGELES, (GLOBE NEWSWIRE) — ServiceTitan (Nasdaq: TTAN), a leader in software solutions for the trades, has announced significant enhancements to its fintech offerings. The introduction of Accounts Payable (AP) Automation along with new mobile payment solutions and integrated financing aims to streamline contractor financial operations.
New Features in ServiceTitan's Fintech Suite
ServiceTitan’s latest innovations include:
- Accounts Payable (AP) Automation: This solution automates back-office workflows, simplifies financing, and speeds up field payments.
- Tap to Pay on Mobile: Streamlined mobile payments that support contactless transactions.
- Integrated Financing: Full financing management within the ServiceTitan platform.
These features are designed to deliver efficiency and increased visibility across contractor financial operations, enabling professionals to manage critical workflows without relying on disparate tools.
Benefits of AP Automation
The AP Automation system utilizes artificial intelligence to connect bills directly to jobs, vendors, and purchase orders within the ServiceTitan platform. Key benefits include:
- Improved cash flow visibility and management of financial operations.
- Automated invoice matching, reducing manual handling and processing errors.
- Enhanced accuracy through three-way matching, which reconciles discrepancies.
According to Rose Picard, Controller at Besser Garage Doors, “ServiceTitan’s Payables Inbox and three-way matching have been a game changer for strengthening AP processes.” The solution helps organizations maintain tighter controls over costs and margins, ultimately leading to better profitability.
Transforming Payment Processes with Tap to Pay on Mobile
ServiceTitan's new Tap to Pay on Mobile feature allows technicians to accept payments using smartphones or tablets for a faster and more secure transaction experience. It supports:
- Contactless payments from physical credit and debit cards.
- Digital wallets such as Apple Pay.
The average time for payments is reduced by 40% for ServiceTitan Payments customers compared to non-users. Joe Hoffmann, Managing Owner at Hoffmann Brothers, noted that “moving to Tap to Pay has simplified the process for our field teams, resulting in significant cost savings.”
Integrated Financing to Enhance Business Efficiency
With integrated financing capabilities in the Field Management App, ServiceTitan now facilitates a comprehensive financing process from prequalification to funding. This feature connects various financing options, making it simpler for contractors to provide flexible payment solutions:
- First-look, second-look, and no-credit options from financing partners.
- An impressive approval rate of up to 94%.
This flexibility allows trades businesses to close jobs more efficiently while adapting to evolving consumer expectations.
Conclusion: A Comprehensive Solution for Contractors
As the demand for streamlined financial operations grows, ServiceTitan’s (TTAN) expanded fintech suite positions the company as a leading provider of end-to-end solutions tailored for the trades. By creating a unified platform, ServiceTitan not only simplifies contractor financial workflows but empowers businesses to achieve scalable growth.
For more information about ServiceTitan’s AP Automation solution, click here.