Company Market Research Report: Sidetrade
Company Overview
- Name: Sidetrade
- Mission: Reducing inefficiency, eliminating uncertainty, and simplifying the complexity of large organizations through Order-to-Cash operations. Sidetrade aims to open up unprecedented cash opportunities by combining groundbreaking technology and human expertise.
- Founded: No information is available.
- Founder(s): No information is available.
- Key People: Olivier Novasque, CEO
- Headquarters: No information is available.
- Number of Employees: Nearly 400 employees
- Revenue: No specific revenue figure provided, but the company has shown steady financial performance through consistent reporting of financial results.
- Specialization: Sidetrade is known for its pioneering role in the generative AI industry, specifically in the Order-to-Cash domain. The company is recognized as a leader in the Gartner Magic Quadrant for Invoice-to-Cash applications.
Products
Sidetrade offers a variety of innovative products primarily focused on improving the Order-to-Cash process, leveraging advanced AI technology:
Aimie
- Description: Sidetrade’s cutting-edge AI embedded across the entire Order-to-Cash process.
- Key Features:
- Provides email responses, collection summaries, and payment data analysis.
- Offers superior insights into Order-to-Cash and finance-centric operations.
Augmented Cash
- Description: Cash and credit management software solution powered by AI technology.
- Key Features:
- Automates the Order-to-Cash process with intelligent process automation and predictive analytics.
- Integrates machine learning and process automation for trustworthy cash generation.
Cash Application
- Description: Product streamlining cash application processes to enhance financial efficiency.
- Key Features: No further detailed features available.
Collections & Dispute Management
- Description: A software solution for managing collections and resolving disputes effectively.
- Key Features: Facilitates collaboration between finance and sales, boosts dispute resolution speed, and ensures service level agreements are met.
Customer Portal & Payments
- Description: Provides efficient customer interaction and payment portal.
- Key Features: No further detailed features available.
e-Invoicing & Compliance
- Description: Streamlines electronic invoicing and ensures compliance with regulations.
- Key Features: No further detailed features available.
Credit Risk Management & Customer Onboarding
- Description: Management of customer credit risk and onboarding processes.
- Key Features: Allows credit checks, credit limit management, and insurance guarantee handling.
Sidetrade Analytics
- Description: Business intelligence software providing predictive analytics for credit management.
- Key Features: Offers dynamic dashboards and reports, enhancing decision-making capabilities.
Sidetrade Connectors
- Description: Software solution for improving integration with existing systems.
- Key Features: No further detailed features available.
Digital Case
- Description: Dispute management software focusing on collaborative finance and sales processes.
- Key Features: Formalizes dispute processing and enhances customer interaction.
Recent Developments
- Recent Achievements:
- Sidetrade named a Leader in the Gartner® Magic Quadrant for Invoice-to-Cash Applications in 2022, 2023, and 2024.
- Sidetrade acquired 87.85% of SHS Viveon AG in 2024, further enhancing their market position.
- Named a Leader in the IDC MarketScape for Worldwide Accounts Receivable Automation for Enterprise in December 2024.
- New Product and Feature Launches:
- No new product launches were specifically listed in the provided data.
- Continuous improvement and updates to existing offerings through AI-driven capabilities.
- Partnerships and Strategic Moves:
- No specific partnerships detailed, but the acquisition of SHS Viveon AG illustrates strategic expansion.
Conclusion
Sidetrade stands out in the Order-to-Cash domain, capitalizing on cutting-edge AI and data intelligence to revolutionize and simplify cash flow management. With its innovative AI-driven solutions and continued recognition by industry leaders, Sidetrade holds a strong market position, serving numerous industries with specialized software solutions that enhance financial and operational efficiency.