Eqiom chooses Sidetrade's AI
13 Juni 2023 - 5:38PM
Eqiom chooses Sidetrade's AI
Eqiom, a subsidiary of the Irish group CRH (Cement Roadstone
Holdings), has chosen Sidetrade, the global
leader in AI-powered Order-to-Cash solutions. This
collaboration will support Eqiom in its transition to a more
efficient, digitized process, delivering a better experience for
its customers.
Eqiom is a major player in the building
materials sector and has selected Sidetrade to complete the digital
transformation of its Order-to-Cash processes. Eqiom is established
in France and Luxembourg.
Thanks to Sidetrade, this subsidiary of the
Irish group CRH (Cement Roadstone Holdings) will benefit from real
time analysis of its business activities, enabling its sales and
finance teams to make more informed decisions and improve the
quality of their customer relations. Sidetrade's artificial
intelligence, Aimie, also provides recommendations based on a daily
analysis of billions of inter-company transactions. These
recommendations help Eqiom to anticipate payment behavior and
assess customer risk, so it can deploy the best dunning
strategies.
"Accelerating and securing cash flow is crucial
in today's uncertain economic climate, where late payment and
non-payment can lead to a difficult situation for companies." says
Pascal Hildwein, CFO of Eqiom. “By choosing Sidetrade
and its AI technology, we are strengthening our digital leadership
with immediate benefits in terms of instilling cash culture among
our staff."
Sidetrade's AI also intelligently automates
Order-to-Cash processes, improving productivity and cash flow
generation. This enables Eqiom to focus on higher value-added
activities, while keeping its operations running smoothly.
Sidetrade is delighted to partner with with
Eqiom and is committed to providing innovative solutions to support
the company's digital transformation. "We are proud to support
Eqiom in its transition to a more efficient digital process," says
Jean-Claude Charpenet, VP Sales Europe at Sidetrade. "We are
convinced that our expertise in data analysis and artificial
intelligence will make Eqiom even more competitive in the
market."
Eqiom joins a number of international
construction players who already rely on Sidetrade to simplify
customer payments and continuously increase their Order-to-Cash
efficiency.
Sidetrade
ContactsInvestor
Relations
Christelle
Dhrif
00 33 6 10 46 72 00cdhrif@sidetrade.com
Media
Relations
Rebecca Parlby
00 44 7824 5055 84bparlby@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, Criteo, Manpower,
Securitas, Randstad, Engie, Veolia, Inmarsat, and Bidfood.Sidetrade
is a participant of the United Nations Global Compact and adheres
to its principles-based approach to responsible business.For
further information, visit us at www.sidetrade.com and follow us on
Twitter @Sidetrade.
About Eqiom
(www.eqiom.com)We are a member of the CRH Group, one of the
world's leading manufacturers of building materials. Our products
and solutions cover all the needs of the building and civil
engineering industries, helping to develop sustainable construction
solutions. EQIOM employs some 1,500 professionals in France and
Luxembourg, working alongside you to make your projects successful.
EQIOM operates in Cement - Aggregates - Concrete - Waste Treatment
and Recovery. In 2023, EQIOM was awarded Top Employer certification
for the 11th time for the quality of its HR management and
acknowledged as a first-class employer thanks to its high-quality
working conditions, people management and internal best practices
(inclusion, diversity, wellbeing at work, training and skills
development). www.eqiom.com Working together for
success
In the event of any
discrepancy between the French and English versions of this press
release, only the French version is to be taken into account.
- Eqiom chooses Sidetrade's AI
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