Sidetrade has been selected by Fortune 500 global IT provider,
Insight Enterprises, for a five-year partnership agreement
Global AI-powered Order-to-Cash platform,
Sidetrade, has been selected by Fortune 500 global IT
provider, Insight Enterprises, for a five-year
partnership agreement.
Insight Enterprises, a Fortune 500 solutions
integrator helping organizations accelerate their digital journey,
has chosen Sidetrade to support its rapid growth and complex
financial challenges in a competitive global environment. The
contract is signed for an initial five-year period.
"Sidetrade will support our expanded growth,
enabling us to effectively manage today while simultaneously
transforming for the future. Knowing you have a team strengthened
by years of experience and the right technical acumen gives you the
confidence to forge ahead as we strive to be ambitious in our goals
of becoming a globally recognized solutions integrator," stated
Lynn Willden, SVP Finance – Treasury and Tax at Insight
Enterprises.
Insight employs more than 12,000 teammates
worldwide and helps businesses and organizations in the United
States, Canada, Europe, Asia-Pacific, India, and Manila,
Philippines. With $9.4 billion in 2021 sales and a track record in
operational rigor and financial health, the Arizona-based publicly
traded company has reinforced its commitment to provide a positive
client experience, as well as to enhance team efficiency,
reporting, and global visibility of the Order-to-Cash (O2C) cycle.
Insight is optimizing manual O2C processes, ERP systems, and data
privacy complexities in order to meet those expectations and
deliver personalized experiences.
With 30+ years of technology experience across
every industry and scale and recognized in the Gartner 2022 Magic
Quadrant for Software Asset Management Managed Services, Insight
did a full assessment of six O2C vendors and allowed their
end-users to cast final votes on a system that delivered ease of
use, account visibility, and AI-driven dynamic workflows. Sidetrade
was selected as the best Order-to-Cash solution to empower
Insight’s staff engagement, strengthen the client experience and
expedite invoice payments.
"We are in a data-driven world, and Sidetrade
brings added expertise in the area of Order-to-Cash to grow our
services ambition and global presence. Their solution is
user-friendly and offers real-time visibility of cash flow. Now is
the time for each company to build strategies that connect,
automate, and personalize every client interaction across their
finance departments. We are achieving this with Sidetrade’s help,”
added Willden.
Insight has consistently maximized its
Order-to-Cash processes with 130+ professionals managing 10,000
invoices per day. Holistic visibility of cash flow is required for
forward-looking and confident investing. Accurate cash flow
forecasting is essential to support financial decision-making. The
more accurately a firm can predict its cash flow, the more
aggressively it drives down DSO, increases working capital, and
scales for growth.
By analyzing billions of B2B transactions daily,
Sidetrade's Artificial Intelligence anticipates payment behavior
and customer risk, recommends the best dunning strategies, and
provides automatable actions, to improve productivity, and
accelerate cash flow generation. This allows for faster
decision-making and improved customer relationships. A growing
number of companies want to unify their data across credit,
collections, accounts receivables, and invoicing so they can
deliver a truly connected customer experience. Sidetrade helps
companies tap into the power of automation so they can focus on
what matters most: driving productivity and building trusted
relationships.
Bill North, Area Vice President Sales at
Sidetrade, commented: “We are pleased to add Insight as a
Sidetrade customer. Insight selecting Sidetrade not only endorses
our North American strategy but adds another strategic customer in
the tech industry. We believe the Sidetrade platform, especially
the Sidetrade Data Lake will enable Insight to not only meet but
exceed their objectives for this project.”
Insight joins more than 120 international
players in the ICT sector who already rely on Sidetrade to simplify
customer payments and provide continuous improvements to their
Order-to-Cash efficiency - from digital editing of purchase orders
and invoices to accelerated payment receipt.
Investor
relationsChristelle Dhrif
+33 6 10 46 72
00
cdhrif@sidetrade.com
Media
relationsRebecca
Parlby
+44 7824
505 584
bparlby@sidetrade.com
About
Sidetrade (www.sidetrade.com)Sidetrade
(Euronext Growth: ALBFR.PA) provides a SaaS platform dedicated to
securing and accelerating cash flow. Sidetrade’s next-generation
AI, nicknamed Aimie, analyzes $4.6 trillion worth of B2B payment
transactions daily in the Sidetrade Cloud to predict customer
payment behavior and the attrition risk of more than 21 million
companies worldwide. Aimie recommends the best cash collection
strategies, intelligently automates actions on the Order-to-Cash
process, and dematerializes customer transactions to enhance
productivity, performance, and working capital management.
Sidetrade has a global
reach, with 300 talented employees based in Paris, London,
Birmingham, Dublin, Houston, and Calgary, serving global businesses
in more than 85 countries. Amongst them: Tech Data, KPMG,
Nespresso, Hearst, Expedia, Manpower, Securitas, Randstad, Engie,
Veolia, Inmarsat, and Bidfood.
For further
information, visit us at www.sidetrade.com and follow us on Twitter
@Sidetrade.
In the event of any
discrepancy between the French and English versions of this press
release, only the English version is to be considered.
- New US customer for Sidetrade
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